Benefited by China’s rapid economic growth in 2007, Sinochem Corporation endeavored to implement the strategies, continued to deepen the management reforms and achieved 4 breakthroughs in business performance: the revenue exceeding RMB 200 billion, 19% higher than that of the previous year, the profit before tax over RMB 8 billion, 95% up, the total assets over RMB 100 billion and the net assets exceeding RMB 40 billion.

After being ranked by the SASAC as a Class A enterprise for three consecutive years and receiving an honor of “High Performance Enterprise” after the SASAC’s first term of the evaluation, Sinochem once again met the performance requirements in 2007 and took a leading position among the central commercial and trading companies in terms of the business scale and profitability.