SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
The Securities Exchange Act of 1934
For the month of August, 2006
CHINA PETROLEUM & CHEMICAL CORPORATION
A6, Huixindong Street,
Chaoyang District Beijing, 100029
People's Republic of China
Tel: (8610) 6499-0060
(Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
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(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act
of 1934. )
Yes No X
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(If "Yes" is marked, indicate below the file number assigned to
registrant in connection with Rule 12g3-2(b): 82-__________. )
N/A
This Form 6-K consists of:
The clarification announcement of China Petroleum & Chemical Corporation (the
"Registrant"), made by the Registrant in English on August 11, 2006.
China Petroleum & Chemical Corporation
(a joint stock limited company incorporated in the People's Republic of China
with limited liability)
(Stock Code: 0386)
Clarification Announcement
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Sinopec Corp. noticed the media recently reported that Sinopec Corp. proposes
to privatise its Hong Kong listed subsidiaries, Shanghai Petrochemical and
Yizheng Chemical, in the near future. Sinopec Corp. hereby clarifies there is
no present proposal to privatise Shanghai Petrochemical or Yizheng Chemical
and those media reports are substantially incorrect.
Sinopec Corp. wishes to remind investors that all the important information of
Sinopec Corp. will be formally announced in accordance with The Rules
Governing the Listing of Securities of the Stock Exchange of Hong Kong Limited
and the Hong Kong Code on Takeovers and Mergers. Investors are reminded to
make sensible investments and consider the risks involved.
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China Petroleum & Chemical Corporation ("Sinopec Corp") noticed that the media
recently reported that Sinopec Corp. proposes to privatise its Hong Kong
listed subsidiaries, Sinopec Shanghai Petrochemical Company Limited ("Shanghai
Petrochemical") and Sinopec Yizheng Chemical Fibre Company Limited ("Yizheng
Chemical"), in the near future.
Sinopec Corp. hereby clarifies that there is no present proposal to privatise
Shanghai Petrochemical or Yizheng Chemical and those media reports are
substantially incorrect. Sinopec Corp. condemns the media for their reporting
of erroneous information and infringment of the rights of Sinopec Corp. and
reserves the rights to take further legal action.
Sinopec Corp. wishes to remind investors that all the important information of
Sinopec Corp. will be formally announced in accordance with The Rules
Governing the Listing of Securities of the Stock Exchange of Hong Kong Limited
and the Hong Kong Code on Takeovers and Mergers. Investors are reminded to
make sensible investments and consider the risks involved.
For and on behalf of the Board of Directors
China Petroleum & Chemical Corporation
Chen Ge
Secretary to the Board of Directors
Beijing, PRC, 11 August 2006
As at the date of this announcement, the executive directors of Sinopec Corp.
are Messrs. Wang Tianpu, Zhang Jianhua, Wang Zhigang, Dai Houliang; the
non-executive directors are Messrs. Chen Tonghai, Zhouyuan, Fan Yifei and Yao
Zhongmin; the independent non-executive directors are Messrs. Shi Wanpeng, Liu
Zhongli and Li Deshui.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
China Petroleum & Chemical Corporation
By: /s/ Chen Ge
Name: Chen Ge
Title: Secretary to the Board of Directors
Date: August 11, 2006