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Sinopec and Partners Launch High-End New Materials Venture in Guangzhou with RMB 380 Million Capital
2025-06-05 /
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Author：小编
Recently, Sinopec (Guangzhou) High-End New Materials Co., Ltd. has been established, with Yu Changqing appointed as its legal representative and a registered capital amounting to RMB 380 million. The company's scope of business encompasses the manufacture of petroleum products, synthetic materials, and plastic goods, alongside the sales of engineering plastics, synthetic resins, and the provision of intellectual property services. Regarding the shareholder composition, China Petroleum & Chemical Corporation holds an 80% stake, while Guangzhou Industrial Investment Holding Group Co., Ltd. and Guangzhou Hengyun Enterprise Group Co., Ltd. each possess a 10% shareholding.
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