Entity

Sinopec Qingdao Petrochemical Co., Ltd. is a large-size state-owned enterprise engaged in crude oil refining and the production of various petrochemical products. It is one of the Top 100 enterprises in Shangdong Province and a leading industrial enterprise in Qingdao City. The Company was established in 1962 as Qingdao Petrochemical Plant and was incorporated into Sinopec Group in December 2000. After debt-to-equity swap upon the approval of the State Council in 2003, Sinopec Qingdao Petrochemical Co., Ltd. was established with the joint investment of Sinopec Group, China Great Wall Asset Management Company and China Huarong Asset Management Company, and finally became a wholly-owned subsidiary of Sinopec Group after share repurchase in 2007 and amendment of its business registration in 2008. Acquired by Sinopec Corp. in 2009, the Company took its current name.