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Sinopec Shanghai Petrochemical Company Limited (SHI)

NYSE - Nasdaq Real Time Price. Currency in USD
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20.69-0.58 (-2.70%)
As of 12:13PM EDT. Market open.

Sinopec Shanghai Petrochemical Company Limited

48 Jinyi Road
Jinshan District
Shanghai 200540
China
86 21 5794 1941
http://www.spc.com.cn

Sector(s)Energy
IndustryOil & Gas Refining & Marketing
Full Time Employees8,466

Key Executives

NameTitlePayExercisedYear Born
Mr. Haijun WuExec. Chairman185.43kN/A1962
Mr. Zemin GuanPres & Vice Chairman124.18kN/A1964
Mr. Jun DuDeputy Pres, CFO & Non-Independent Director23.91kN/A1970
Mr. Qiang JinVP & Exec. Director171.85kN/A1965
Mr. Wenmin JinVP & Exec. Director156.58kN/A1965
Mr. Xiangyu HuangVP & Exec. Director116.31kN/A1968
Mr. Fei HuangVP, Joint Company Sec., Sec. to the Board & Exec. Director105.21kN/A1977
Mr. Hongjun ChenSupervisor, VP of Labour Union, Director of Public Affairs Dept. and VP of Assoc of Science & TechN/AN/A1971
Mr. Feng ZhangEmployee Representative Supervisor & Auditing DirectorN/AN/A1969
Ms. Sze Ting Chan A.C.S.Joint Company Sec. & Process AgentN/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petrochemical products in the People's Republic of China. It operates through five segments: Synthetic Fibers, Resins and Plastics, Intermediate Petrochemicals, Petroleum Products, and Trading of Petrochemical Products. The Synthetic Fibers segment produces polyesters, acrylic fibers, and carbon fibers that are primarily used in the textile and apparel industries. The Resins and Plastics segment produces polyester chips that are used to produce polyester fibers, coating, and containers; polyethylene resins and plastics, which are used to produce insulated cables and mulching films, as well as molded products, such as housewares and toys; and polypropylene resins that are used for films and sheets, as well as molded products, such as housewares, toys, consumer electronics, and automobile parts; and PVA granules. The Intermediate Petrochemicals segment produces p-xylene, benzene, and ethylene oxide, which are used as raw materials in the production of other petrochemicals, resins, plastics, and synthetic fibers. The Petroleum Products segment operates crude oil refinery facilities used to produce refined gasoline, fuel, diesel oil, heavy oil, and liquefied petroleum gas. The Trading of Petrochemical Products segment is involved in the import and export of petrochemical products. The company was founded in 1972 and is based in Shanghai, the People's Republic of China. Sinopec Shanghai Petrochemical Company Limited is a subsidiary of China Petroleum & Chemical Corporation.

Corporate Governance

Sinopec Shanghai Petrochemical Company Limited’s ISS Governance QualityScore as of July 1, 2021 is 5. The pillar scores are Audit: 5; Board: 3; Shareholder Rights: 8; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.