Sinopec Corp.(SH:600028) Zheng Quan Ri Bao Wang·2026-01-08 11:21Group 1 - The State-owned Assets Supervision and Administration Commission of the State Council announced the restructuring of China Petroleum & Chemical Corporation (Sinopec) and China Aviation Oil Holding Company, approved by the State Council [1] Group 2 - Sinopec is the largest supplier of refined oil and petrochemical products in China, recognized as the world's largest refining company and the second-largest chemical company [3] - Sinopec's business scope includes oil and gas exploration, extraction, transportation, sales, refining, and petrochemical production, as well as investment management and engineering services [3] Group 3 - China Aviation Oil is the largest aviation fuel procurement and transportation service provider in Asia, serving 258 transportation airports and 454 general airports in China [3] - The company provides fuel supply guarantees for 585 global airline customers and offers wholesale, retail, storage, and distribution services for gasoline, diesel, and petrochemical products across 26 provinces, municipalities, and autonomous regions [3]