Headquartered in Beijing, China, Sinochem Group was founded in 1950. Its predecessor was China National Chemicals Import and Export Corporation. Sinochem Group is a key state-owned enterprise under the supervision of State-Owned Assets Supervision and Administration Commission of the State Council of China (SASAC).
Sinochem Group is one of China’s four state oil companies, China’s leading chemical service provider, China’s biggest agricultural input (fertilizer, seed and agrochemicals), as well as integrated modern agricultural operator . Sinochem also exerts strong influence in high-end real estate, hotel and non-banking financial service sector. As a market-oriented global conglomerate, Sinochem’s quality products and services are relevant to many aspects of the mass economy and people’s well-being. The SINOCHEM and “中化” brands are highly prestigious in China and the rest of the world.
Sinochem Group has established five Strategic Business Units (SBU), namely energy, chemicals, agriculture, real estate and finance. It operates more than 300 subsidiaries around the world. It holds a controlling stake in a number of listed companies, including Sinochem International (SH, 600500), Sinofert (HK, 00297) and China Jinmao (HK, 00817). Sinochem has over 50,000 staff members around the world.
Sinochem is among the first group of Chinese enterprises in joining the Fortune Global 500 list and has 26 appearances in total, ranking 139th in 2016 and having been honored as Fortune’s World’s Most Admired Companies for two consecutive years. Continuous efforts over the years in strategic transformation and management overhaul have enabled Sinochem to maintain a sustainable, healthy and rapid development. Sinochem has been rated A in corporate performance by SASAC for three consecutive tenures and eleven consecutive years.
Sinochem’s vision is to become a respectable transnational conglomerate. Looking into the future, Sinochem will continue to uphold the philosophy of “Creating Value, Pursuing Excellence,” shoulder corporate social responsibility, and dedicated to innovative, harmonious and green development. We will redouble our efforts in developing a long-lasting business foundation, committed to the creation of well-being to our stakeholders and the general public in a sustainable way.