Corporate Culture of China Petrochemical Corporation

The Sinopec logo consists of three parts: a rising sun graphic, a Chinese abbreviation and an English abbreviation (SINOPEC). On behalf of Sinopec, it adheres to the concept of sustainable development and shoulders the holy mission of social responsibility, paying attention to the environment, and improving the quality of life of consumers through a complete upstream, midstream and downstream industrial chain. The red circle harmoniously links Chinese and English into a whole, implying that Sinopec is an energy provider, the blood of economic operation, a sunrise industry, and is moving towards the long-term goal of building a world-class energy and chemical company. Sinopec’s corporate vision is to “build a world-class energy and chemical company that satisfies the people”.

——Committed to becoming an enterprise that satisfies the people. Sinopec should give greater emphasis to development quality and efficiency, technological progress, green and low-carbon, and people-oriented, strive to provide first-class products, technologies and services, demonstrate a first-class social responsibility image, and let employees, customers, shareholders, and society The public and people in the countries (regions) where we operate are satisfied, and we strive to become a highly responsible and highly respected great enterprise.

——Committed to becoming a world-class enterprise. World-class enterprises not only need first-class scale, quality and efficiency, but also first-class corporate management and social image, and more importantly, first-class marketization and international competitiveness. Sinopec must follow the standards of world-class companies and, through unremitting efforts, become an advanced company with standardized governance, efficient management, advanced culture, high degree of marketization, strong international operation capabilities, and world-class technology, talents and brands.

——Committed to becoming a green and efficient energy and chemical enterprise. With energy and chemicals as the main business directions, we will do a good job in strategic layout and business structure optimization. While developing traditional businesses, we will continue to develop and efficiently utilize emerging energy sources such as shale gas, geothermal energy, and bioenergy, and develop new chemical materials. Promote the clean utilization of coal resources and become a green and efficient energy and chemical enterprise.

The above three aspects are organically unified, reflecting the requirements for enterprise development in the context of economic globalization, the essential characteristics of international enterprises, and the development trend of the energy industry. They are Sinopec Conscious pursuit of reform and development. Sinopec takes "people-oriented, responsibility, integrity, precision, innovation, and win-win" as its core corporate values.

People-oriented—people-oriented, develop the enterprise. Starting from the needs of our customers and the public, we determine the development direction of the enterprise, develop first-class products, and provide first-class services. Treat employees as the main force of enterprise development, create conditions for employees' all-round development, and make employees live happier lives.

Responsibility - serve the country and the people, and benefit mankind. While fulfilling the responsibilities of state-owned enterprises and contributing to the country, they must simultaneously contribute to the country (region) where they do business and fulfill relevant economic, legal and charitable responsibilities; they must also fulfill the responsibilities of an international company, develop first-class products, and provide first-class services , strive to benefit all mankind.

Integrity - keep your word and do what you say. Adhere to "every drop of oil is a promise", regard credit as the foundation of enterprise development, educate and guide every employee to be honest, tell the truth, do honest things, operate with integrity in accordance with the law, standardize operations, and establish a good reputation for the enterprise Brand image.

Refined - meticulous and rigorous, aiming for perfection. With strict requirements and meticulous attitude, we will develop a precise and rigorous work style among all employees, pursue intensive cultivation in production, careful calculation in operation, meticulous management and technical excellence, and strive to improve the level of production, operation and management.

Innovation - based on leadership and pursuit of excellence. Insert innovation throughout the entire process of the company's production and operation, vigorously promote innovation in concepts, systems, mechanisms, management, technology, products, services, etc., lead market development, create industry benchmarks, and achieve excellent quality.

Win-win - cooperation, mutual benefit, and common development. Adhere to openness and inclusiveness, cooperate sincerely, abide by and respect the laws, regulations and cultural customs of the country (region) where the business is located, absorb and integrate the excellent culture and advanced experience of the partners, help customers enhance value, and achieve a harmonious relationship between the enterprise and its stakeholders Common development, mutual benefit and win-win.