On October 8, 2023, Chen Chengmin, Vice President and Member of the Party Leadership Group of Sinochem Holdings, as well as Chairman, Party Secretary, and President of Sinochem Energy, met with a delegation led by Xu Yi, Executive Director and Party Secretary of Sinopec Chemical Commercial Holding Company Limited. The two sides had in-depth exchanges on how to strengthen cooperation further.

Chen provided an overview of Sinochem Holdings’ overall business operations. He acknowledged the longstanding and fruitful cooperation between the two companies and expressed the hope that both sides would further consolidate the foundation for collaboration, enhance complementary strengths, and drive cooperative development to new heights and across broader fields.

Xu Yi reviewed the cooperation between the two sides in areas such as the purchase and sale of chemical products, warehousing, and logistics. He highlighted the extensive scope, diverse product portfolio, and solid foundation of their collaboration. Xu expressed expectations for further strengthening cooperation in areas including product procurement and sales, market coordination, green development, and logistics informatization, aiming to achieve mutual benefits and win-win outcomes.