1、CONTENTS2Company Profile3Principal Financial Data and Indicators6Changes in Share Capital and Shareholdings of Principal Shareholders8Chairmans Statement11Business Review and Prospects19Managements Discussion and Analysis29Significant Events39Connected Transactions43Corporate Governance50Report of t
2、he Board of Directors58Report of the Board of Supervisors60Directors,Supervisors,Senior Management and Employees74Principal Wholly-owned and Controlled Subsidiaries75Financial Statements209Corporate Information210Documents for InspectionThis annual report includes forward-looking statements.All stat
3、ements,other than statements of historical facts,that address activities,events or developments that the Company expects or anticipates will or may occur in the future(including but not limited to projections,targets,reserve and other estimates and business plans)are forward-looking statements.The C
4、ompanys actual results or developments may differ materially from those indicated by these forward-looking statements as a result of various factors and uncertainties.The Company makes the forward-looking statements referred to herein as at 24 March 2017 and unless required by regulatory authorities
5、,the Company undertakes no obligation to update these statements.2CHINA PETROLEUM&CHEMICAL CORPORATIONAnnual Report 2016COMPANY PROFILECompany ProfileIMPORTANT NOTICE:THE BOARD OF DIRECTORS,THE BOARD OF SUPERVISORS,DIRECTORS,SUPERVISORS AND SENIOR MANAGEMENT OF SINOPEC CORP.WARRANT THAT THERE ARE NO
6、 FALSE REPRESENTATIONS,MISLEADING STATEMENTS OR MATERIAL OMISSIONS IN THIS ANNUAL REPORT,AND JOINTLY AND SEVERALLY ACCEPT FULL RESPONSIBILITY FOR THE AUTHENTICITY,ACCURACY AND COMPLETENESS OF THE INFORMATION CONTAINED IN THIS ANNUAL REPORT.THERE IS NO OCCUPANCY OF NON-OPERATING FUNDS BY THE CONTROLL