Sinopec

Beijing, China Founded: 2000 • Age: 26 yrs
Manufacturer of petroleum based chemicals
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About Sinopec

Sinopec is a company based in Beijing (China) founded in 2000.. Sinopec has completed 1 acquisition, including Addax Petroleum. Sinopec operates in a competitive market with competitors including Dominion Energy, Eni Next, Shell, Oxy and Naturgy, among others.

  • Headquarter Beijing, China
  • Stage Public
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $15.6 B (USD), Post-IPO

    Mar 06, 2015

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of Sinopec
Headcount 10000+
Employee Profiles 10
Board Members and Advisors 6
Employee Profiles
People
Yu Baocai
President
People
Li Yonglin
SVP
People
Shou Donghua
Chief Financial Officer
People
Lv Lianggong
SVP

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Board Members and Advisors
people
Kar Ling Johnny
Independent Director
people
Shi Dan
Independent Director
people
Bi Mingjian
Independent Director
people
Zhao Dong
Director

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Funding Insights of Sinopec

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $15.6B
  • First Round

    (06 Mar 2015)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2015 Amount Post-IPO - Sinopec Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Sinopec

Sinopec has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Addax Petroleum. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Oil and gas exploration and production activities are conducted globally.
1994
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Sinopec

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Sinopec Comparisons

Employees
+
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Competitors of Sinopec

Sinopec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dominion Energy, Eni Next, Shell, Oxy and Naturgy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Energy production and transportation are conducted by Dominion Energy.
domain founded_year HQ Location
Provider of exploration, production, and distribution services of oil & gas
domain founded_year HQ Location
Shell is recognized as a global energy and petrochemical company.
domain founded_year HQ Location
Integrated petroleum services are provided worldwide by Oxy.
domain founded_year HQ Location
Electricity and natural gas distribution services are provided globally.
domain founded_year HQ Location
Gazprom is engaged in the exploration, production, and distribution of natural gas.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Sinopec

Frequently Asked Questions about Sinopec

When was Sinopec founded?

Sinopec was founded in 2000 and raised its 1st funding round 15 years after it was founded.

Where is Sinopec located?

Sinopec is headquartered in Beijing, China.

What does Sinopec do?

The company was founded in 2000 and is headquartered in Beijing, China. Operations are focused on the petroleum sector, where chemicals derived from petroleum are produced. Services include refining and distribution within the energy industry. In 2022, annual revenues of 453.56 billion were achieved, alongside a net profit of 9.85 billion. Activities span domestic and international markets in Asia and beyond.

Who are the top competitors of Sinopec?

Sinopec's top competitors include Dominion Energy, Shell and Oxy.

How many acquisitions has Sinopec made?

Sinopec has made 1 acquisition, including Addax Petroleum.

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