Sinochem Group was founded in 1950. Its predecessor was China National Chemicals Import and Export Corporation. Sinochem, headquartered in Beijing, is a key state-owned enterprise under the supervision of State Owned Assets Supervision and Administration Commission (SASAC) under the State Council.
Sinochem's core businesses span over energy, agriculture, chemicals, real estate and financial service. It is one of China's four largest state-owned oil companies, China's biggest integrated agricultural input operator (including fertilizer, seeds and agrochemicals), and China's leading comprehensive chemical service provider. It also exerts strong influence in real estate and non-banking financial service sectors. As a global conglomerate with market orientation, Sinochem's quality product and service are relevant to many aspects of mass economy and people's daily life. Its brand enjoys high recognition around the world.
Sinochem currently owns more than 300 subsidiaries inside and outside China. It controls several listed companies including Sinochem International (SH, 600500), Sinofert (HK, 00297) and Franshion Properties (HK,00817), and is the largest shareholder of Far East Horizon (HK, 03360). In June 2009, Sinochem Group established Sinochem Corporation as the vehicle for potential group IPO.
Sinochem is China's earliest entrant in Fortune Global 500 and has entered the list for 24 times, ranking 107th in 2014. Sinochem has been listed in "World's Most Admired Companies" by Fortune for 2 consecutive years, both ranking the first in Trading Industry List. Through years of strategic transformation and management overhaul, Sinochem has maintained a sustainable, healthy and rapid development. It has been rated as "Grade-A Corporate" in SASAC's performance assessment for 10 years in a row.
Sinochem's vision is to become a respectable company with global status. Our 50,000 employees will follow the corporate doctrine of "Creating Value, Pursuing Excellence", shoulder our social responsibility as corporate citizen, adopt scientific development approach to realize sustainable business potency, and bring fortune to all stakeholders and improve the wellbeing of the general public.

For the past 65 years, Sinochem has been taking responsibilities to create value for the country as well as the society. It actively explores the rule of corporate development to make itself bigger, better and stronger. Sinochem has transformed itself from an old-fashioned state-owned trading company into a brand-new SOE with strong competitive edge and influence in related industries, making contribution to the country's prosperity.
From 1950 to 1997, Sinochem was mainly focused on the trading of commodities including petroleum,fertilizer and chemical products. Sinochem has fully fulfilled the mandate given by the State, supporting China's economic construction. After China's opening and reform, Sinochem proactively explores its own reform and development route,strengthening its business presence, playing an important role promoting the institutional reform and development of China's trading sector.
From 1998 to 2008, Sinochem has prevailed against the solvency crisis brought by Asian Financial Crisis. By following the mega-trend of market-oriented reform, Sinochem had been incessantly promoting its management renovation and strategic transformation.As a result, Sinochem has remolded itself into a new SOE with advanced management style and global business presence from a traditional trading company heavily reliant on government patronage.
In 2009, Sinochem launched its new initiative called "The Third Long March". In the next 10 years,Sinochem will quadruple its profit, implement lean management and enjoy global competiveness for its core businesses. Sinochem will become a multinational company with leading market position in China and strong industrial influence around the globe. In the past couple of years, Sinochem has overcome the intricate external business environment, accelerated its business transformation, maintained solid development and enhanced its overall capability.

Sinochem's Vision:
◆ To become a respectable company with global status.
Sinochem's Mission:
◆ To become the industry model featuring advanced technology, resources reservation and environmental friendliness.
◆ To become an important driving force safeguarding Chinese energy security, agricultural security and promoting chemical industrial upgrading.
◆ To become a respectable company with global status and great social responsibility.