Sinopec Shanghai Petrochemical Company Limited (SPC)

Sinopec Shanghai Petrochemical Company Limited (SPC), located in Jinshan District of Shanghai, is one of the largest refining-chemical integrated petrochemical companies in China. It is one of the subsidiaries of China Petroleum & Chemical Corporation (Sinopec Corp.). It is also currently one of the most important domestic producers of refined oil products, intermediate petrochemicals, synthetic resins and synthetic fibers.
 
    SPC grew out of Shanghai Petrochemical Complex which was founded in 1972. In 1993, as an experimental unit, by standardized state-owned enterprise restructuring, SPC 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 7.2 billion, including 4.0 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 2.... [Details]