SINOPEC Engineering

SINOPEC Engineering, formally Sinopec Engineering (Group) Co., Ltd. and abbreviated SEG, is a China-based engineering services and technology company controlled by China Petrochemical Corporation, commonly known as Sinopec Group. The company describes itself as a large, integrated engineering service provider and technology patent holder serving refining and petrochemical markets in China and internationally. Its official profile also identifies it as one of China’s largest energy and chemical engineering construction enterprises. The company’s stated areas of work include petroleum refining, petrochemicals, coal chemicals, natural-gas chemicals, environmental engineering and utility engineering. It offers engineering and construction experience and technical capabilities across these fields. Its domestic organization includes 12 subsidiaries or branches, spanning engineering design and construction, heavy lifting and transport, research and development, energy-efficiency services, and information technology. SINOPEC Engineering entered international capital markets through a global H-share offering in May 2013 and began trading on the Hong Kong Stock Exchange on 23 May that year. The supplied company pages describe an active group with domestic and overseas business coverage. The official site lists executive director and general manager Zhang Xinming, alongside other directors and senior managers. It also reports ongoing business development and corporate activities, including strategic cooperation, engineering technology work, interim results and ESG ratings.

SINOPEC Engineering is the listed engineering group formally named Sinopec Engineering (Group) Co., Ltd. and abbreviated SEG. It is controlled by China Petrochemical Corporation (Sinopec Group) and serves refining and petrochemical engineering markets in China and overseas. The company presents itself as an integrated engineering services provider and technology patent holder, with work spanning refining, petrochemicals, coal chemicals, natural-gas chemicals, environmental engineering and utility engineering. The official company profile describes a domestic organization of 12 subsidiaries or branches. These include engineering and construction businesses, specialist engineering companies, a heavy lifting and transport company, a Luoyang technology research and development center, an energy-efficiency technical services company and an information technology branch. Together, these units reflect the group’s range of design, construction, technical and supporting capabilities. The company’s profile emphasizes its engineering and construction experience, technical strength and professional qualifications, but the supplied material does not specify its original founding date or the history of the constituent companies. A significant documented corporate milestone came in May 2013, when the company made its first global public offering of H shares. Its official profile states that 1.328 billion H shares were offered at HK$10.5 per share and that the shares began trading on the Hong Kong Stock Exchange on 23 May 2013. The listing marked the company’s entry into international capital markets. The official pages identify Zhang Xinming as executive director and general manager and list other board members and senior managers. Recent items shown on the supplied homepage include strategic cooperation with AVEVA, an upgrade in the company’s MSCI ESG rating, engineering and market-development updates, and a project involving a 14,000-tonne rail-mounted crane. These company-reported items illustrate current corporate activity; the supplied evidence does not provide a longer account of the company’s origins, past acquisitions or earlier leadership changes.

• Global H-share public offering

• Begins trading on the Hong Kong Stock Exchange

• MSCI ESG rating upgraded to BBB

• Strategic cooperation agreement with AVEVA

A large, integrated engineering services provider and technology patent holder for domestic and international refining and petrochemical markets, backed by Sinopec Group.

• Refining and petrochemical engineering services

  Integrated engineering services for domestic and overseas refining and petrochemical markets.

• Energy and chemical engineering

  Engineering services covering coal chemicals, natural-gas chemicals, environmental engineering and utility engineering.

• Proprietary and packaged technologies

  The official site lists patent, proprietary and packaged technologies among its business areas.

• 2022

  Former Sinopec Engineering discipline inspection secretary and supervisor Zhou Xinmin investigated

  Zhou Xinmin, who served as deputy Party secretary, discipline inspection secretary, trade union chairman and supervisor of Sinopec Engineering, accepted review and investigation in 2021 for serious violations of discipline and law; media listed him among the 'seven tigers in one year' in the Sinopec system. Progress: case filed for investigation. Entity: Sinopec Engineering (Group) Co., Ltd., Zhou Xinmin. Related scope: former company executive.

  Source

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• Public offering and Hong Kong listingOther

• 2021.03.22

  Reported2021.03.22

  SEG announces 2020 annual results[6]SEG公布2020年度业绩finanznachrichten.de

  SINOPEC Engineering (Group) Co., Ltd. announced its annual results for the year ended December 31, 2020, reporting revenue of RMB52.353 billion and net profit of RMB2.382 billion.

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1. 1炼化工程公司 - 首页segroup.cn
2. 2企业简介segroup.cn
3. 3高级管理层segroup.cn
4. 4组织机构segroup.cn
5. 5Former Sinopec Engineering discipline inspection secretary and supervisor Zhou Xinmin investigatedfinance.sina.cn
6. 6SEG公布2020年度业绩finanznachrichten.de