1、CONTENTS2Company Profile3Principal Financial Data and Indicators6Changes in Share Capital and Shareholdings of Principal Shareholders8Boards Statement11Business Review and Prospects19Managements Discussion and Analysis29Significant Events40Connected Transactions43Corporate Governance50Report of the
2、Board of Directors60Report of the Board of Supervisors62Directors,Supervisors,Senior Management and Employees78Principal Wholly-owned and Controlled Subsidiaries79Financial Statements213Corporate Information214Documents for InspectionThis annual report includes forward-looking statements.All stateme
3、nts,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 Comp
4、anys 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 23 March 2018 and unless required by regulatory authorities,th
5、e Company undertakes no obligation to update these statements.2CHINA PETROLEUM&CHEMICAL CORPORATIONAnnual Report 2017COMPANY PROFILECompany ProfileIMPORTANT NOTICE:THE BOARD OF DIRECTORS,THE BOARD OF SUPERVISORS,DIRECTORS,SUPERVISORS AND SENIOR MANAGEMENT OF SINOPEC CORP.WARRANT THAT THERE ARE NO FA
6、LSE 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 CONTROLLING