Sinochem Hong Kong (Group) Co., Ltd. (“Sinochem HK” or “the Company”), registered and founded in Hong Kong in 1989, has a registered capital of HK$24.468 billion and is indirectly wholly owned by Sinochem Holdings Corporation Ltd. (“Sinochem Holdings”). Sinochem HK is the flagship overseas investment holding subsidiary of Sinochem Holdings and one of the primary overseas platforms for executing Sinochem Holdings’ business strategy.
As an offshore financing platform and a key overseas asset holding company of Sinochem Holdings, Sinochem HK actively undertakes the responsibilities of offshore financing, equity investment, global cash concentration management and asset management. Main subsidiaries of the Company include China Jinmao Holdings Group Limited（00817.HK）, Sinochem Europe Holdings Plc, Sinochem Asia Holdings Co., Ltd., Sinochem International Oil (Hong Kong) Co., Ltd. And Sinochem Overseas Trading Co., Ltd etc.
The Company was incorporated in
Registered Capital of
owned by Sinochem Holdings
Sinochem Holdings Corporation Ltd. (“Sinochem Holdings”) was established through the joint restructuring of Sinochem Group Co., Ltd. and China National Chemical Corporation Ltd. on May 8, 2021. Sinochem Holdings is one of the leading state-owned enterprises under the supervision of the SASAC (State-owned Assets Supervision and Administration Commission of the State Council). It boasts over 220,000 employees.
With operations in eight business sectors covering life science, materials science, petrochemicals, environmental science, rubber & tire, machinery & equipment, city operation, and industrial finance, Sinochem Holdings has become one of the world’s leading chemical conglomerates. It has 17 listed domestic and overseas companies, including Yangnong Chemical (600486.SH), Adama (000553.SZ), Adisseo (600299.SH), Sinochem International (600500.SH), Luxi Chemical (000830.SZ), Haohua Technology (600378.SH), Elkem (ELK.OL), Pirelli (PIRC.MI), and China Jinmao (00817.HK). Sinochem Holdings owns production bases and R&D facilities in more than 150 countries and regions around the world with a fully-developed marketing network. With total assets amounting to RMB1.5 trillion and annual revenue of over RMB1.1 trillion by the end of 2021, Sinochem Holdings ranks 31st in the 2022 Fortune 500 list, and 1st in the chemicals industry.
In the area of life science, Sinochem Holdings is leading the world in agrochemicals and animal nutrition, among which agrochemical business covers seeds, plant protection, crop nutrition, modern agricultural services and the entire industrial chain of digital agriculture. Syngenta Group, a subsidiary of Sinochem Holdings, is the world's leading player in agricultural technology innovation. With animal nutrition business that encompasses methionine, vitamins and specialty products, etc., Sinochem Holdings is a comprehensive provider of animal feed additives and nutritional solutions.
Sinochem Holdings reached the top-tier level in materials research globally, enjoying competitive advantages in the fields of fluorine and silicon-based materials, engineering plastics, polymer additives, electronic chemicals, lithium batteries & materials, specialty fibers, etc. Sinochem Holdings provides material solutions for key areas of the national economy as well as for people's livelihoods, such as electronics, automobiles, construction, next-generation communication technology, high-tech projects, and medical care.
The petrochemical business boasts a development model that features upstream and downstream integration. It mainly involves in petroleum trading, petroleum refining, warehousing and logistics, and petrochemical products marketing. Sinochem Holdings has become one of the most competitive petrochemical players in China.
Environmental science is an emerging business that is strategically important to Sinochem Holdings. It mainly focuses on the remediation of contaminated sites, industrial solid waste treatment and industrial wastewater treatment, safeguarding the green development of the chemical industry.
Rubber and Tire
Sinochem Holdings’ rubber and tire business is leading the world in high-end and ultra-high-end passenger tires. With well-known brands, Pirelli and Aeolus, Sinochem Holdings cooperates with various world-renowned automakers.
Machinery and Equipment
The mechanical equipment business of Sinochem Holdings encompasses plastic machines, rubber machines, chemical equipment and modern manufacturing services. It provides world-leading holistic chemical equipment solutions globally.
Sinochem Holdings’ urban operation business leads the industry within China. Approved by the SASAC, it is one of the first batch of 16 state-owned enterprises with real estate as the main business. It also serves as a green building technology service provider in China.
Sinochem Holdings’ industrial finance business possesses multiple financial business licenses, building a bridge between industry and finance, and serves the industry with “finance + technology”.
Looking ahead, Sinochem Holdings will uphold the its value of “In Science We Trust” as it strives to develop a world-leading chemical conglomerate led by life science and materials science, supported by petrochemicals, backed by environmental science, and driven by technology. Sinochem Holdings will constantly improve its technological innovations and enhance its core competitiveness and sustainability to maximize value for society, clients, shareholders and employees. It also aims to contribute to social progress and the development of the chemical industry.