December 19, 2014 1:37 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Sinopec Sales Co., Ltd.

Company Overview

Sinopec Sales Co., Ltd. engages in distribution of refined petroleum products. The company was founded in 1985 and is based in Beijing, China. Sinopec Sales Co., Ltd. operates as a subsidiary of China Petroleum & Chemical Corp.

No.6a, Huixin East Street

Chaoyang District

Beijing,  100029


Founded in 1985


86 10 6499 8828

Key Executives for Sinopec Sales Co., Ltd.

Chairman of Board of Directors and General Manager
Age: 56
Compensation as of Fiscal Year 2014.

Sinopec Sales Co., Ltd. Key Developments

Sinopec Sales Intends To Buy 40% Of Tibet Plateau Natural Water

Sinopec Sales Co., Ltd. intended to acquire a 40% stake in Tibet Plateau Natural Water Limited to become the latter's largest shareholder.

Sinopec Sales Signs Business Cooperation Framework Agreement with Tencent

Sinopec Corporation announced that Sinopec Sales signed a business cooperation framework agreement with Tencent. The two sides will build a long-term all-round strategic partnership and make use of resources, quality channels and core capacities to boost business development and provide multi-channel, more convenient and considerate services for customers. The two will launch cooperation in business development and promotion, mobile payment, media promotion, O2O business, map navigation, loyalty management, big data applications and cross marketing.

Strategic Cooperation Framework Agreement with Sinopec Sales Company Limited

The board of directors of ENN Energy Holdings Limited announced that on 22 August 2014, the Company entered into a strategic cooperation framework agreement with Sinopec Sales Co., Ltd. to strengthen the cooperation of the companies in various aspects including among others the procurement and transportation of natural gas. The Board believes that strategic cooperation with Sinopec Sales will benefit both the company and Sinopec Sales by utilizing their strengths in their respective businesses and thereby create further efficiencies, synergies and opportunities for the parties in the clean energy sector. The Strategic Cooperation Agreement is a framework agreement setting out the directions of the strategic cooperation between the company and Sinopec Sales. The details of each project and cooperation will be further discussed and confirmed and will be set out in further agreements that may be entered into by the parties separately.

Recent Private Companies Transactions

October 23, 2014
Tibet Plateau Water Co.

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