Sinochem Hong Kong (Group) Co., Ltd.
About Sinochem HK
Sinochem Hong Kong (Group) Co., Ltd. (Sinochem Hong Kong for short), registered and founded in Hong Kong in 1989, is a core platform for Sinochem Group’s implementation of overseas business strategies and a platform for Sinochem Group’s overseas investment and financing as well as centralized fund management. Its main businesses cover exploration and development of upstream oil products, oil trade, fertilizer production and marketing, real estate investment, etc.
Sinochem Hong Kong currently holds 52.67% equity of the Hong Kong listed Sinofert (HK.00297) and 62.87% equity of Franshion Properties (HK.00817). In 2012, Sinochem Hong Kong’s total assets and sales revenue accounted for 62% and 72% of those of Sinochem Group respectively.