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On March 31, with the approval of the State Council, Sinochem Corporation and China National Chemical Corporation implemented a joint reorganization.
In the joint reorganization, a new company was established where the State-owned Assets Supervision and Administration Commission represented the State Council to perform the responsibilities of investor, and Sinochem Group and China National Chemical Corporation were incorporated into the new company as a whole.
Affected by this, the relevant chemical sector rose collectively at the opening on April 1, and the listed companies of the "Two Chemicals" listed companies Fengshen, Claus, Sinochem International, Adama A and other multi-stock daily limit.
"Two Chemicals" reorganization, total assets can reach 1.
4 trillion
Public data show that Sinochem Group is a leading integrated operator of the petroleum and chemical industry, agricultural inputs and modern agricultural services integrated operation company, and develops and operates non-profit organizations in cities.
The banking and financial sector has a strong influence.
As of the end of December 2019, Sinochem's total assets reached 564.
3 billion yuan.
Ranked 109th in the 2020 Fortune Global 500 list.
" Industrialization and Industrialization " reorganization, total assets up to 1.
4 trillion "
Industrialization and Industrialization " reorganization, total assets up to 1.
4 trillion Public information shows that Sinochem is a leading integrated operator of the petroleum and chemical industry, agricultural inputs and modern agriculture Service integrated operation enterprises, and have a strong influence in urban development and operation and non-banking financial fields.
As of the end of December 2019, Sinochem's total assets reached 564.
3 billion yuan.
Ranked 109th in the 2020 Fortune Global 500 list.
China National Chemical Corporation is a professional chemical company with business sectors such as new chemical materials and special chemicals, agrochemicals, petroleum processing and refining products, rubber tires, chemical equipment and scientific research and design.
ChemChina's 2019 annual report shows that the company's total assets are 844.
962 billion yuan and revenue is 454.
346 billion yuan, ranking 164th in the world's top 500.
Li Shousheng, president of the China Petroleum and Chemical Industry Federation, said that after the reorganization of the "two chemical industries", the total assets can reach 1.
4 trillion yuan, and the operating income can reach 1 trillion yuan.
Large group company.
Significant enough to be recorded in the annals of history Significant enough to be recorded in the annals of history Significant enough to be recorded in the annals of historyThe joint reorganization will better integrate resources, exert synergistic effects, build a world-class comprehensive chemical enterprise, and promote the high-quality development of my country's chemical industry.
The new company covers life sciences, material sciences, basic chemicals, environmental sciences, rubber tires, machinery and equipment, urban operations, industrial finance and other business areas.
After the reorganization, the new company will be committed to building a “world-class comprehensive chemical enterprise led by life science and material science, supported by basic chemical industry, guaranteed by environmental science, driven by science and technology, and sustainable development”.
Li Shousheng, president of the China Petroleum and Chemical Industry Federation, said that the reorganization of the "two chemical industries" is a major historical event for China's petrochemical industry and the entire industry.
In terms of specialty, it can form complementary advantages, can effectively combine new strategic industries and technology industries, and at the same time, its scientific research strength can be further concentrated, accelerating the supply-side structural reform of the chemical industry and the transformation and upgrading of the industry.
Disclaimer The content of this article is comprehensively sourced from Beijing Daily, etc.
, edited by Ai Tubang.
Please indicate the source for reprinting.
If it involves the content of the work, copyright and other issues, please contact this official account in time, we will delete the content as soon as possible! Disclaimer The content of this article is comprehensively sourced from Beijing Daily, etc.
, edited by Ai Tubang.
Please indicate the source for reprinting.
If it involves the content of the work, copyright and other issues, please contact this official account in time, we will delete the content as soon as possible!
In the joint reorganization, a new company was established where the State-owned Assets Supervision and Administration Commission represented the State Council to perform the responsibilities of investor, and Sinochem Group and China National Chemical Corporation were incorporated into the new company as a whole.
Affected by this, the relevant chemical sector rose collectively at the opening on April 1, and the listed companies of the "Two Chemicals" listed companies Fengshen, Claus, Sinochem International, Adama A and other multi-stock daily limit.
"Two Chemicals" reorganization, total assets can reach 1.
4 trillion
Public data show that Sinochem Group is a leading integrated operator of the petroleum and chemical industry, agricultural inputs and modern agricultural services integrated operation company, and develops and operates non-profit organizations in cities.
The banking and financial sector has a strong influence.
As of the end of December 2019, Sinochem's total assets reached 564.
3 billion yuan.
Ranked 109th in the 2020 Fortune Global 500 list.
" Industrialization and Industrialization " reorganization, total assets up to 1.
4 trillion "
Industrialization and Industrialization " reorganization, total assets up to 1.
4 trillion Public information shows that Sinochem is a leading integrated operator of the petroleum and chemical industry, agricultural inputs and modern agriculture Service integrated operation enterprises, and have a strong influence in urban development and operation and non-banking financial fields.
As of the end of December 2019, Sinochem's total assets reached 564.
3 billion yuan.
Ranked 109th in the 2020 Fortune Global 500 list.
China National Chemical Corporation is a professional chemical company with business sectors such as new chemical materials and special chemicals, agrochemicals, petroleum processing and refining products, rubber tires, chemical equipment and scientific research and design.
ChemChina's 2019 annual report shows that the company's total assets are 844.
962 billion yuan and revenue is 454.
346 billion yuan, ranking 164th in the world's top 500.
Li Shousheng, president of the China Petroleum and Chemical Industry Federation, said that after the reorganization of the "two chemical industries", the total assets can reach 1.
4 trillion yuan, and the operating income can reach 1 trillion yuan.
Large group company.
Significant enough to be recorded in the annals of history Significant enough to be recorded in the annals of history Significant enough to be recorded in the annals of historyThe joint reorganization will better integrate resources, exert synergistic effects, build a world-class comprehensive chemical enterprise, and promote the high-quality development of my country's chemical industry.
The new company covers life sciences, material sciences, basic chemicals, environmental sciences, rubber tires, machinery and equipment, urban operations, industrial finance and other business areas.
After the reorganization, the new company will be committed to building a “world-class comprehensive chemical enterprise led by life science and material science, supported by basic chemical industry, guaranteed by environmental science, driven by science and technology, and sustainable development”.
Li Shousheng, president of the China Petroleum and Chemical Industry Federation, said that the reorganization of the "two chemical industries" is a major historical event for China's petrochemical industry and the entire industry.
In terms of specialty, it can form complementary advantages, can effectively combine new strategic industries and technology industries, and at the same time, its scientific research strength can be further concentrated, accelerating the supply-side structural reform of the chemical industry and the transformation and upgrading of the industry.
Disclaimer The content of this article is comprehensively sourced from Beijing Daily, etc.
, edited by Ai Tubang.
Please indicate the source for reprinting.
If it involves the content of the work, copyright and other issues, please contact this official account in time, we will delete the content as soon as possible! Disclaimer The content of this article is comprehensively sourced from Beijing Daily, etc.
, edited by Ai Tubang.
Please indicate the source for reprinting.
If it involves the content of the work, copyright and other issues, please contact this official account in time, we will delete the content as soon as possible!
