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Shareholders’ Background

 




China Merchants Group


China Merchants Group, subordinated to the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council, is a key state-owned enterprise directly under the central government. From 2004 to 2015, China Merchants Group has been awarded Grade A enterprise by SASAC for consecutively twelve years.

 

The 3 core business sectors of China Merchants Group are Transporation and related infrastructure (ports, toll roads, energy transportation and logistics), Financial investment and management and Property development and management. By the end of 2015, it had total assets of RMB 976.7 billion, net profit of RMB 41.69 billion, assets under management of RMB 6trillion.


 

 

China Petrochemical Corporation (Sinopec Group)


China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group established in July 1998 on the basis of former China Petrochemical Corporation. Sinopec Group is a state-owned company solely invested by the State, functioning as a state-authorized investment organization in which the state holds the controlling share. Headquartered in Beijing, Sinopec Group has a registered capital of RMB 274.9 billion. Sinopec Group ranked No. 2 in 2015 Fortune Global 500.

 

 

 

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