SASAC's Reform Focuses on Strategic Reorganization in Chemical Industry
A spokesman for SASASAC said on June 16 that strategic restructuring of enterprises in equipment manufacturing, shipping, chemical industry and other fields is being actively studied to continuously optimize the distribution of state-owned capital. In the field of chemical industry, Sinochem Group is the largest basic chemical manufacturing enterprise in China, Sinochem Group is the fourth largest central petroleum enterprise in China, and chemical industry is also one of its main business sectors. The listed companies of China Chemical Group include Fengshen Stock, Shenyang Chemical Industry, Cangzhou Dahua, Tianhua Academy, Haohua Science and Technology, Andomai A and Andy Su. The listed companies of Sinochem Group include Yangnong Chemical Industry and Sinochem International.
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