On Sept 12th, Sinochem held a convention in Beijing Grand Hyatt to brief the banking agencies the latest progress of Sinochem Corporation. More than 200 professionals in various financial institutions attended the convention.
Apart from commercial banks, the investment bank such as Morgan Stanley, Merrill Lynch, CITIC Securities etc were also invited to join this event.
Sinochem’s business performance in 2005 and the first half of 2006 were briefed during the event. Sinochem’s great effect of enhancing management and intrinsic value brought by strategic realignment was also vividly presented to the attendants. In the occasion, Sinochem’s major investment orientation and strategic planning in the foreseeable future were also demonstrated to the guests, which laid the foundation for the company’s future financing need.