When was the restructuring of CNAF into Sinopec officially completed, and what key milestones marked its finalization?

The restructuring of China National Aviation Fuel Group Co., Ltd. (CNAF) into China Petroleum & Chemical Corporation (Sinopec) was officially completed on July 11, 2026. Key milestones included: approval by the Central Committee of the Communist Party of China and the State Council at the end of 2025; a strategic deployment issued by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) in early 2026; the SASAC-organized reorganization conference on January 8, 2026; full regulatory approvals from domestic and overseas authorities on June 18, 2026; and completion of industrial and commercial registration on July 9, 2026.

What is the new corporate status of CNAF following the restructuring with Sinopec?

Following the restructuring, CNAF formally became a second-tier wholly owned subsidiary of Sinopec.

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