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Sinopec is one of the world’s leading premium petroleum products, lubricants, fluids and greases. The products have been designed and manufactured to surpass all international OEM and Accreditation Authority specifications. Sinopec offer a full range of petroleum products, premium lubricants, fluids, and grease across all of the major industry sectors. This includes Industrial and Manufacturing, Mining and Earthmoving, Automotive and Agriculture, Construction and Transportation, Aviation and Marine. The products use high quality base oil and internationally renowned additives. Together, we keep your world running smoothly with industry leading products, and highest quality customer service.

In 2023, by seizing the opportunity of rebounded market demand, the Company brought the advantages in integrated business into full play to expand the market and improve profit. Domestic refined oil products sales volume realised a record high. We focused on client demand and carried forward targeted and differentiated marketing tactics. The sales volume of gasoline rose by 15.9% and the retail volume of vehicle LNG was up by 85%. We fully leveraged our strength in existing end-market network, stepped up efforts in developing EV battery charging and swapping business and demonstrating application scenarios of hydrogen mobility, and transforming to an integrated energy service provider of fuel, gas, hydrogen, electricity and non-fuel services. We vigorously expanded our global business, explored the low-sulfur bunker fuel market both home and abroad and became the world’s second largest bunker fuel supplier. We continued to enrich the Easy Joy service ecosystem with the quality and profitability both boosted for the non-fuel business. Total sales volume of refined oil products for the year was 239 million tonnes, up by 15.6%, of which total domestic sales volume accounted for 188 million tonnes, up by 15.8%.across all 21 major product categories.