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 May, 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 announcement of the resolutions of the first meeting of the third session
of the board of directors of China Petroleum & Chemical Corporation (the
"Registrant"), made by the Registrant in English on May 24, 2006.
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
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Name: Chen Ge
Title: Secretary to the Board of Directors
Date: May 24, 2006
[GRAPHIC OMITTED]
(a joint stock limited company incorporated in the People's Republic of China
with limited liability)
(Stock Code: 0386)
Announcement of the Resolutions of the First meeting of the Third Session of
the Board of Directors
(Overseas Regulatory Announcement)
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China Petroleum & Chemical Corporation and all members of its board of
directors warrant the authenticity, accuracy and completeness of the
information contained in this announcement, and jointly and severally accept
full responsibility for any misrepresentation, misleading statements or
material omissions contained in this announcement.
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China Petroleum & Chemical Corporation ("Sinopec Corp") held the first
meeting of its Third Session of Board of Directors on the afternoon of 24 May
2006 at Sinopec Corp's head offices. In total 11 directors of Sinopec Corp
attended the meeting, thus fulfilling the quorum requirement under Sinopec
Corp's articles of association. The meeting was convened and chaired by Mr.
Chen Tonghai.
After due consideration, the directors attending this meeting (including the
independent directors) passed the following resolutions:
1. THAT Mr. Chen Tonghai be appointed Chairman of the Board of Directors, and
that Mr. Zhou Yuan be appointed Vice-Chairman.
2. THAT the following persons shall be appointed as members of the strategic
and development, audit, and remuneration and performance evaluation committees:
1) The strategic and development committee shall be chaired by Mr.
Wang Tianpu, the vice-chairmen shall be Mr. Li Deshui, and Messrs. Zhang
Jianhua, Wang Zhigang, Yao Zhongmin and Fan Yifei shall be committee members;
2)The audit committee shall be chaired by Mr. Liu Zhongli, and Mr. Shi
Wanpeng and Mr. Li Deshui shall be committee members; and
3)The remuneration and performance evaluation committee shall be
chaired by Mr. Shi Wanpeng and Messrs. Dai Houliang, Liu Zhongli and Li Deshui
shall be committee members.
3. THAT, upon the recommendation of the Chairman, Mr. Wang Tianpu be
appointed President.
4. THAT, upon the recommendation of the President, Messrs. Zhang Jianhua,
Wang Zhigang, Cai Xiyou, and Dai Houliang be appointed as Senior
Vice-Presidents; Mr. Dai Houliang be also appointed as the Financial
Controller, and Messrs. Zhang Kehua and Zhang Haichao be appointed as
Vice-Presidents (please refer to the appendix to this announcement for
further information on Messrs. Cai Xiyou, Zhang Kehua, and Zhang
Haichao. For further information on the other appointees, please refer
to the 2005 annual general meeting announcement published by Sinopec
Corp. on 6 April 2006 in the "China Securities Journal", "Shanghai
Securities News", and "Securities Times").
5. THAT, upon the recommendation of the Chairman, Mr. Chen Ge be
appointed as Secretary to the Board of Directors (please refer to the
appendix to this announcement for further information on Mr. Chen Ge).
6. THAT, upon the recommendation of the Directors, the Board appoints
Messrs. Wang Tianpu and Chen Ge as Authorised Representatives to The
Stock Exchange of Hong Kong Limited and the Authorised Representatives
under the Hong Kong Companies Ordinance; and Mr. Huang Wensheng as
Securities Representative to the Shanghai Stock Exchange, AND THAT the
Secretary to the Board of Directors be authorised to sign any
documents necessary to implement this.
For and on behalf of the Board of Directors
China Petroleum & Chemical Corporation
Chen Ge
Secretary to the Board of Directors
Beijing, PRC, 24 May 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.
Enclosure: Personal details
Cai Xiyou, 44, Senior Vice President. Mr. Cai graduated from Fushun Petroleum
Institute in August 1982 majoring in petroleum refining automation, and
obtained a MBA degree from China Industry and Science Dalian Training center in
October 1990. He is a senior economist. From June 1995 to May 1996, he was the
Deputy General Manager of Jinzhou Petrochemical Company of the former Sinopec
Group Company. From May 1996 to December 1998, he was the Deputy General
Manager of Dalian Western Pacific Petrochemical Co., Ltd (WEPEC). From December
1998 to June 2001, he was the Deputy General Manager of Sinopec Sales Company,
and from June 2001 to December 2001, he was the Executive Deputy Manager of
Sinopec Sales Company. He has been a Director of China International United
Petrochemical Company Limited (UNIPEC) since December 2001 and has been the
General Manager of UNIPEC from December 2001 to December 2005. He was Vice
President of Sinopec Corp. from April 2003 to November 2005. Mr. Cai has been
Senior Vice President of Sinopec Corp. since November 2005.
Zhang Kehua, 52, Vice President of Sinopec Corp. Mr Zhang graduated from
Shanghai Chemical Engineering University majoring in Chemical and Mechanical
Engineering in January 1980. He is a senior engineer and he had his master
degree from University of Petroleum majoring in Management Science and Projects
in December 2000. He was the Deputy Manager of No 3 Construction Company of
Sinopec Corp from February 1994 to April 1996. From April 1996 to December
1998, he was the Vice Director (Deputy Manager of Project Construction Company)
of the Project Construction Department of China Petrochemical Corporation. He
was the Vice Director of the Project Construction Department of Sinopec Group
Company from December 1998 to December 2001 and was the Vice Director of the
Project Construction Administration Department of Sinopec Group Company from
December 2001 to September 2002. Mr. Zhang was the Director of the Project
Construction Administration Department of Sinopec group from September 2002 to
October 2004. Mr. Zhang has served as the Assistant Manager and director of
Project Construction Administration Department of Sinopec group.
Zhang Haichao, 48, Vice President of Sinopec Corp. Mr. Zhang graduated from
Zhoushan Commercial and Technical School in December 1979, specialising in oil
storage and transportation. He also graduated from Jilin Petrochemical
Institute in July 1985 specialising in recycling of lubricating oil. From
January 2001 to June 2002, he participated in the business administration
programme at Macau Science & Technology University. He is an economist. He
served as a Deputy General Manager of Zhejiang Petroleum Company from March
1998 to September 1999. He served as the General Manager of Zhejiang Petroleum
Company from September 1999 to February 2000, and has served as the Manager of
Sinopec Zhejiang Petroleum Company from February 2000 to September 2005. He has
been Chairman of Sinopec-BP Zhejiang Petroleum Co., Ltd. since April 2004. He
was Secretary of the CPC Party Committee and Vice Chairman and Deputy General
Manager of Sinopec Oil Products Sales Company from October 2004 to November
2005. He served as an employee representative supervisor of the second session
of the Supervisory Committee of Sinopec Corp. from April 2003 to November 2005.
He has been Secretary of the CPC Party Committee, Chairman and General Manager
of Sinopec Oil Products Sales Company since November 2005. Mr. Zhang has been
Vice President of Sinopec Corp. since November 2005.
Chen Ge, 43, Secretary to the Board of Directors of Sinopec Corp. Mr.
Chen graduated from Daqing Petroleum Institute in July 1983 majoring in
petroleum refining, and then obtained an MBA degree from Dalian University of
Science and Technology in July 1996. He is a senior economist. From July 1983
to February 2000, he worked in Beijing Yanshan Petrochemical Company. From
February 2000 to December 2001, he was Deputy Director-General of Board
Secretariat of Sinopec Corp. Mr. Chen has been the Director General of the
Board Secretariat since December 2001. Mr. Chen has been the Secretary to the
Board of Directors of Sinopec Corp. since April 2003.