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 October, 2004
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 _____
(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___
(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:
an announcement on applying for a conditional waiver from strict
compliance with Rule 3.24 of the Rules Governing the Listing of Securities on
the Stock Exchange of Hong Kong Limited for a period of 3 years, made on
October 14, 2004, in English of China Petroleum & Chemical Corporation (the
"Registrant").
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 under signed, thereunto duly authorized.
China Petroleum & Chemical Corporation
By: /s/ Chen Ge
Name: Chen Ge
Title: Secretary to the Board of Directors
Date: October 15, 2004
[GRAPHIC OMITTED][GRAPHIC OMITTED]
(a joint stock limited company incorporated in the People's Republic of China
with limited liability)
(Stock code: 386)
Announcement
-------------------------------------------------------------------------------
Sinopec Corp. has applied for a conditional waiver from strict compliance with
Rule 3.24 of the Listing Rules for a period of 3 years from 1st October 2004.
-------------------------------------------------------------------------------
China Petroleum and Chemical Corporation ("Sinopec Corp.") has applied for a
conditional waiver from strict compliance with Rule 3.24 of the Rules Governing
the Listing of Securities on The Stock Exchange of Hong Kong Limited (the
"Listing Rules") for a period of 3 years from 1st October 2004.
Sinopec Corp. will during the 3-year period identify and recruit a suitable
candidate to take up the position of "Qualified Accountant" under Rule 3.24 of
the Listing Rules. Before the appointment of the Qualified Accountant, Sinopec
Corp. will engage a person who is a fellow or associate member of the Hong Kong
Society of Accountants (the "Society") or a similar body of accountants
recognised by the Society for the purpose of granting exemptions from the
examination requirement for members of that Society to provide assistance to
the chief financial officer and deputy chief financial officers of Sinopec
Corp.
By Order of the Board
Chen Ge
Secretary to the Board of Directors
Beijing, the PRC, 14th October 2004
As at the date of this announcement, the directors of the Company are Messrs.
Chen Tonghai, Wang Jiming, Mou Shuling, Zhang Jiaren, Cao Xianghong, Liu
Genyuan, Gao Jian and Fan Yifei; the independent non-executive directors are
Messrs. Chen Qingtai, Ho Tsu Kwok Charles, Shi Wanpeng and Zhang Youcai; and
the employee representative director is Mr Cao Yaofeng.