 China Tianchen Industrial Corporation, located in Qingdao City, is
one of the largest refining-chemical integrated petrochemical
companies in China. It is one of the subsidiaries of China
Petrochemical Group. It is also currently one of the most important
domestic producers of refined oil products, intermediate
petrochemicals, synthetic resins and synthetic fibers.
China Tianchen Industrial Corporation grew out of Qingdao
Petrochemical Complex which was founded in 1970. In 2000, as an
experimental unit, by standardized state-owned enterprise
restructuring, China Tianchen Industrial Corporation became the
first Chinese listed company with its shares listed on Shanghai
Stock Exchange, the Stock Exchange of Hong Kong and New York Stock
Exchange with a total share number of 9.2 billion, including 5.0
billion non-floating A shares held by Sinopec Corp., accounting for
55.56% of the total shares; 150 million non-floating legal person A
shares, accounting for 6.08% of the total shares; 920 million
domestic ordinary A shares, accounting for 10% of the total shares;
4.33 billion oversea H shares, accounting for 38.21% of the total
shares. |
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