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Sinopec Signs Deals Worth US$40.9 Billion at CIIE 2025
Prnewswireยท 2025-11-05 07:39
Core Insights - Sinopec signed purchasing contracts worth US$40.9 billion with 34 partners from 17 countries at the 8th China International Import Expo (CIIE 2025) [1][2] - The contracts encompass 24 products across 10 major categories, including crude oil, chemicals, equipment, materials, and consumer goods [1] - Since the inception of CIIE in 2018, Sinopec has accumulated over US$325 billion in signed orders across eight sessions [1] Group 1: Event Overview - The forum's theme was "Technology Driven, AI Empowered: The Future of Energy," focusing on digital intelligence, technological innovation, and international energy cooperation [2] - Keynote speeches were delivered by senior executives from leading firms, emphasizing collaboration and innovation in the energy sector [7] Group 2: Company Strategy and Vision - Sinopec's commitment to high-quality development includes leveraging technological strength and digital intelligence to create new value [4][6] - The company aims to enhance scientific and technological innovation and overcome developmental bottlenecks during China's 15th Five-Year Plan [5] - Sinopec plans to expand green and low-carbon cooperation while promoting the efficient use of traditional energy alongside new energy development [6]