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, 2009
CHINA
PETROLEUM & CHEMICAL CORPORATION
22
Chaoyangmen North Street,
Chaoyang
District, Beijing, 100728
People's
Republic of China
Tel:
(8610) 59960114
(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 |
ü
|
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
|
ü
|
|
(If "Yes" is marked, indicate below the
file number assigned to registrant in connection with Rule 12g3-2(b):
82-__________. )
N/A
-
1 -
This
Form 6-K consists of:
An
announcement on 2009 third quarterly results of China Petroleum & Chemical
Corporation (the “Registrant”), made by the Registrant on October 29,
2009.
-
2 -
Hong
Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited
take no responsibility for the contents of this document, make no representation
as to its accuracy or completeness and expressly disclaim any liability
whatsoever for any loss howsoever arising from or in reliance upon the whole or
any part of the contents of this document.
(a
joint stock limited company incorporated in the People’s Republic of China with
limited liability)
(Stock
Code: 0386)
ANNOUNCEMENT
Third
Quarterly Results for 2009
§1
Important notice
|
1.1
|
The
Board of Directors, the Supervisory Board of China Petroleum &
Chemical Corporation (“Sinopec Corp.” or the “Company”) and its directors,
supervisors and senior management warrant that there are no material
omissions, or misrepresentations or misleading statements contained in
this report and severally and jointly accept full responsibility for the
authenticity, accuracy and completeness of the information contained in
this report.
|
|
1.2
|
This
report was approved on the 3rd meeting of the Fourth Session of the Board
of Directors of Sinopec Corp.
|
|
1.3
|
The
financial statements in this report were not
audited.
|
|
1.4
|
Mr.
Su Shulin, Chairman of the Board of Directors, Mr. Wang Tianpu, vice
Chairman of the Board of Director and President, Mr. Wang Xinhua, Chief
Financial Officer and Head of the Accounting Department warrant the
authenticity and completeness of the financial statements contained in
this Quarterly Report.
|
-
3 -
§2 Basic
Information of Sinopec Corp.
|
2.1
|
Principal
financial data and indicators
|
|
2.1.1
|
Principal
financial data and indicators prepared in accordance with the PRC
Accounting Standards for Business Enterprises
(“ASBE”).
|
|
At
30
September
2009
|
At
31
December
2008
|
Changes
from the end of the preceding year
(%)
|
|
|
Total
assets (RMB millions)
|
843,734
|
763,297
|
10.5
|
|
Total
equity attributable to shareholders of the Company (RMB
millions)
|
364,867
|
329,300
|
10.8
|
|
Net
assets per share attributable to equity shareholders of the Company
(RMB)
|
4.208
|
3.798
|
10.8
|
|
Nine-month
periods ended 30 September
(January
~ September)
|
|||
|
2009
|
2008
|
Changes
over the same period of the preceding year(%)
|
|
|
Net
cash flow from operating activities (RMB millions)
|
104,860
|
(4,434)
|
—
|
|
Net
cash flow from operating activities per share (RMB)
|
1.209
|
(0.051)
|
—
|
-
4 -
|
Three-month
periods ended 30
September
(July ~ September)
|
Nine-month
periods ended 30
September
(January ~ September)
|
|||||
|
2009
|
2008
|
Changes
over the same period of the preceding year(%)
|
2009
|
2008
|
Changes
over the same period of the preceding year(%)
|
|
|
Net
profit attributable to equity shareholders of the Company (RMB
millions)
|
16,524
|
7,379
|
123.9
|
49,714
|
15,052
|
230.3
|
|
Basic
earnings per share (RMB)
|
0.191
|
0.085
|
123.9
|
0.573
|
0.174
|
230.3
|
|
Diluted
earnings per share (RMB)
|
0.190
|
0.078
|
143.6
|
0.570
|
0.135
|
322.2
|
|
Basic
earnings per share (before extraordinary gain and loss)
(RMB)
|
0.191
|
0.095
|
101.1
|
0.575
|
0.192
|
199.5
|
|
Fully
diluted return on net assets (%)
|
4.53
|
2.34
|
2.19
percentage points
|
13.63
|
4.77
|
8.86
percentage points
|
|
Fully
diluted return (before extraordinary gain and loss) on net assets
(%)
|
4.53
|
2.62
|
1.91
percentage points
|
13.66
|
5.26
|
8.40
percentage points
|
-
5 -
|
Extraordinary
gain/loss items
|
Nine-month
period ended
30
September 2009
(RMB
millions)
|
|
Gain
on disposal of fixed assets
|
(205)
|
|
Donations
|
146
|
|
Gain
on disposal of long-term equity investments and financial
assets
|
(228)
|
|
Net
profit or loss of subsidiaries generated from a business combination
involving entities under common control before acquisition
date
|
(62)
|
|
Other
non-operating income and expenses
|
379
|
|
Subtotal
|
30
|
|
Tax
effect
|
(23)
|
|
Total
|
7
|
|
Attibutable
to: Equity shareholders of
the
Company
|
112
|
|
Minority
interests
|
(105)
|
|
2.1.2
|
Financial
data and indicators prepared in accordance with International Financial
Reporting Standards (“IFRS”)
|
|
At
30 September 2009
|
At
31 December 2008
|
Changes
from the end of the preceding year (%)
|
|
|
Total
assets (RMB millions)
|
852,985
|
779,172
|
9.5
|
|
Total
equity attributable to equity shareholders of the Company (RMB
millions)
|
363,539
|
327,889
|
10.9
|
|
Net
assets per share (RMB)
|
4.193
|
3.782
|
10.9
|
|
Adjusted
net assets per share (RMB)
|
4.102
|
3.690
|
11.2
|
|
Nine-month
periods ended
30
September
(January
~ September)
|
|||
|
2009
|
2008
|
Changes
over the same period of the preceding year(%)
|
|
|
Net
cash flow generated from operating activities (RMB
millions)
|
100,700
|
(11,443)
|
—
|
-
6 -
|
Three-month
periods ended 30 September (July ~ September)
|
Nine-month
periods ended 30 September (January ~ September)
|
|||||
|
2009
|
2008
|
Changes
over the same period of the preceding year(%)
|
2009
|
2008
|
Changes
over the same period of the preceding year(%)
|
|
|
Profit
attributable to equity shareholders of the Company (RMB
millions)
|
16,551
|
7,385
|
124.1
|
49,797
|
15,067
|
230.5
|
|
Basic
earnings per share (RMB)
|
0.191
|
0.085
|
124.1
|
0.574
|
0.174
|
230.5
|
|
Diluted
earnings per share (RMB)
|
0.190
|
0.078
|
143.6
|
0.571
|
0.135
|
323.0
|
|
Return
on net assets (%)
|
4.55
|
2.34
|
2.21
percentage points
|
13.70
|
4.78
|
8.92
percentage points
|
|
2.2
|
Differences between net profit
under ASBE and profit for the period under IFRS for the first three
quarters of 2009 and shareholder’s equity under ASBE and total equity
under IFRS as at 30 September
2009
|
|
2.2.1
|
Analysis
of effects of major differences between the net profit under ASBE and the
profit of the period under IFRS
|
|
Items
|
Nine-month
periods ended
30
September
|
|
|
2009
RMB
millions
|
2008
RMB
millions
|
|
|
Net
profit under ASBE
|
51,835
|
13,466
|
|
Adjustments:
|
||
|
Reduced
amortisation on revaluation of land use rights and others
|
95
|
17
|
|
Profit
for the period under IFRS
|
51,930
|
13,483
|
-
7 -
|
2.2.2
|
Analysis
of effects of major differences between the shareholders’ equity under
ASBE and total equity under IFRS
|
|
Items
|
At
30 September 2009
RMB
millions
|
At
31 December 2008
RMB
millions
|
|
Shareholders’
equity under ASBE
|
387,750
|
350,166
|
|
Adjustments:
|
||
|
Revaluation
of land use rights and others
|
(1,529)
|
(1,624)
|
|
Total
equity under IFRS
|
386,221
|
348,542
|
|
2.3
|
Number of shareholders at the
end of the reporting period is 840,348, including 833,239 holders of A
shares and 7,109 holders of H
shares.
|
List for number of shareholders and top ten shareholders holding shares without
selling restrictions at the end of the reporting period:
|
Number
of shareholders at the end of the reporting period
|
840,348
|
|
|
Top
ten shareholders of shares without selling restrictions
|
||
|
Name
of shareholders (full name)
|
Number
of shares held as at 30 September 2009 (10,000 shares)
|
Type
of shares (A, H share or others)
|
|
HKSCC
(Nominees) Limited
|
1,666,789.6
|
H
|
|
China
Petrochemical Corporation
|
867,024.4
|
A
|
|
Guotai
Junan Securities Co., Ltd.
|
36,590.6
|
A
|
|
China
life Insurance Co. Ltd -Dividend-005L-FH002
|
29,139.2
|
A
|
|
Bosera
Thematic Sector Equity Securities Investment Fund
|
6,146.7
|
A
|
|
Tongde
Securities Investment Fund
|
4,300.6
|
A
|
|
Xingye
Trend Investment Mixed Stock Fund
|
4,150.0
|
A
|
|
Changsheng
Tongqing Detachable Trading Stock Fund
|
4,102.1
|
A
|
|
E
Fund 50 Tradable Open-ended Securities Index Investment
Fund
|
4,087.0
|
A
|
|
Shanghai
Stock exchange Dividend Tradable Open-ended Securities Index Investment
Fund
|
3,849.0
|
A
|
-
8 -
2.4 Review
of operating results
In
the first three quarters of 2009, faced with the negative effect of the
international financial crisis on the world economy, the Chinese government
implemented a stimulus package scheme, a proactive financial policy and a
moderately loosed monetary policy that are designed to enable Chinese economy to
maintain a satisfactory growth and achieving a GDP increase of 7.7%. The
international crude oil prices skyrocketed and then moved in a narrow range.
Domestically, the refined oil product price and tax reform programme has been
carried out in order to improve the operational environment of refinery. The
domestic demand for oil products has stopped falling and begun to rebound, the
demand for chemical products has bounced back. The Company put great efforts in
developing the market, enlarging production capacity, enhancing integration of
production, sales and research, and the output of crude oil and gas and refinery
throughput increased steadily.
Exploration
& Production Segment: Strengthen refined exploration to improve development
quality; intensify the integrated exploration-development management of key
regions to enhance the potentials of existing oilfields; in the development of
natural gas, proactively prepare for commissioning the Sichuan-to-East China Gas
Project, which has been completed basically. In the first three quarters, the
output of crude oil and natural gas of the Company increased by 1.28% and 0.20%,
respectively, compared with the same period of last year.
Refining
Segment: Carefully arrange the safe and high-load operations of oil refining and
optimize the procurement and allocation of crude oil resources. Adjust product
mix by increasing the output of products with highly added value to support the
smooth progress of oil-refining device transformation project for nationwide
implementation of the state-standard (III) gasoline and implementation of the
state-standard (IV) gasoline in certain areas. In the first three quarters, the
processing volume of crude oil increased by 2.99% and the output of oil product
increased by 3.36%, compared with the same period of last year, and light
products yield was further increased.
Marketing
and Distribution Segment: Optimize the operating structure, expand terminal
sales, strengthen the sales of gasoline and jet fuels, enlarge the scale of
non-oil business and step up the cooperation with key customers. Expand the
business of lube oil and fuel oil. Accelerate the construction of new gas
stations. In the first three quarters, our domestic distribution and retail
amount of oil products dropped by 5.53% and 9.32%, respectively, compared to the
same period of last year. However, the data of the second quarter and the third
quarter showed a quarter-on-quarter increase of 18.35% and 1.85%,
respectively.
-
9 -
Chemicals
Segment: Strongly expand the market of chemical products, reinforce the
integration of production, sales and research, intensify customer service
awareness, boost the development and application of new chemical products and
increase the output of chemical products. In the first three quarters, the
output of ethylene was 4.741 million tons, decreased by 2.25% and the output of
synthetic resin was 7.408 million tons, increased by 1.05%, compared with the
same period of last year.
Summary
of Principal Operating Results for the First Three Quarters
|
Operating
Data
|
Unit
|
Nine-month
period ended September 30
|
Changes
over the same period of the preceding year (%)
|
|
|
2009
|
2008
|
|||
|
Exploration
and Production
|
||||
|
Crude
oil production
|
Million
tonnes
|
31.73
|
31.33
|
1.28
|
|
Natural
gas production
|
Hundred
million cubic meters
|
61.17
|
61.05
|
0.20
|
|
Crude
oil price realised
|
RMB
/ tonne
|
2183.35
|
4,698.73
|
(53.53)
|
|
Natural
gas price realised
|
RMB
/ thousand cubic meters
|
960.11
|
934.38
|
2.76
|
|
Refining (Note
1)
|
||||
|
Refinery
throughput
|
Million
tonnes
|
134.39
|
130.49
|
2.99
|
|
Gasoline,
diesel oil and kerosene production
|
Million
tonnes
|
83.63
|
80.91
|
3.36
|
|
Of
which: Gasoline
|
Million
tonnes
|
25.57
|
21.75
|
17.56
|
|
Diesel
oil
|
Million
tonnes
|
50.56
|
53.21
|
(4.98)
|
|
Kerosene
|
Million
tonnes
|
7.50
|
5.95
|
26.05
|
|
Light
chemical feedstock
|
Million
tonnes
|
19.31
|
18.19
|
6.16
|
|
Light
products yield
|
%
|
75.30%
|
74.64%
|
0.66
percentage point
|
|
Refinery
yield
|
%
|
94.28%
|
93.76%
|
0.52
percentage point
|
|
Marketing
and Distribution
|
||||
|
Total
domestic sales volume of refined oil products
|
Million
tonnes
|
89.57
|
94.81
|
(5.53)
|
|
Of
which: Retail volume
|
Million
tonnes
|
57.67
|
63.60
|
(9.32)
|
|
Direct
sales volume
|
Million
tonnes
|
17.51
|
15.17
|
15.43
|
|
Wholesale
volume
|
Million
tonnes
|
14.39
|
16.04
|
(10.29)
|
|
Total
number of service stations
|
Station
|
29,522
|
29,220
|
1.03
|
|
Of
which: Number of company-operated service stations
|
Stations
|
28,874
|
28,578
|
1.04
|
|
Number
of franchised service station
|
Stations
|
648
|
642
|
0.93
|
|
Average
annual throughput per station (Note
2)
|
Tonne/station
|
2,663
|
2,967
|
(10.25)
|
|
Chemicals (Note
3)
|
||||
|
Ethylene
|
Million
tonnes
|
4.74
|
4.85
|
(2.25)
|
|
Synthetic
resin
|
Million
tonnes
|
7.41
|
7.33
|
1.05
|
|
Synthetic
rubber
|
Million
tonnes
|
0.64
|
0.65
|
(1.99)
|
|
Synthetic
fiber monomer and polymer
|
Million
tonnes
|
5.73
|
5.69
|
0.65
|
|
Synthetic
fiber
|
Million
tonnes
|
0.97
|
0.98
|
(1.53)
|
|
Urea
|
Million
tonnes
|
1.40
|
1.20
|
17.03
|
-
10 -
|
Note
1:
|
The
data of the refining segment of 2008 are restated upon the acquisition of
Sinopec Qingdao Petrochemical Company
Limited;
|
|
Note
2:
|
Throughput
per station data is an annualised
average;
|
|
Note
3:
|
Including
100% outputs of BASF-YPC and Shanghai
Secco.
|
Capital
expenditure:
The
capital expenditure of the first three quarters was about RMB60.28 billion. RMB
28.664 billion was used for exploration and exploitation. Sichuan-to-East China
Gas Project was approaching completion. Newly-constructed crude oil and natural
gas production capacity was 4.12 million tons per year and 0.591 billion cubic
meters per year, respectively. The capital expenditure for refining segment was
RMB8.063 billion, mainly used in oil products quality upgrade projects and
Zhanjiang refinery auxiliary facilities was put into operation smoothly.
Chemical capital expenditure was RMB16.118 billion, and construction of two 1
million tonnes per year ethylene projects in Tianjin and Zhenhai was carried out
on schedule. The capital expenditure of marketing and distribution was RMB 6.315
billion, and construction and acquisition of stations in key areas made
achievements with 495 service stations added. The capital expenditure for
corporate and others reached RMB1.120 billion.
-
11 -
§3 Significant
events
3.1 Significant
changes in major items contained in the consolidated financial statements
prepared in accordance with the PRC Accounting Standards for Business
Enterprises (“ASBE”) and the reasons for such changes.
|
Items
of Consolidated Balance Sheet
|
At
30
September
2009
|
At
31
December
2008
|
Increase/(decrease)
|
Main
reason for Changes
|
|
|
Amount
|
Percentage
|
||||
|
RMB
millions
|
RMB
millions
|
%
|
|||
|
Bills
receivable
|
5,166
|
3,660
|
1,506
|
41.15
|
Mainly
attributable to the increased amount of bills received by Sinopec
Corp.
|
|
Accounts
receivable
|
29,074
|
12,990
|
16,084
|
123.82
|
Sinopec
Corp. enlarged its production scale and the prices of the primary finished
goods increased in the first three quarters of 2009.
|
|
Inventories
|
135,940
|
95,979
|
39,961
|
41.64
|
Mainly
attributable to the increased prices of crude oil and other raw materials
and the increase in inventory volumes as compared with those at the
beginning of the year.
|
|
Short-term
loans
|
48,377
|
74,415
|
(26,038)
|
(34.99)
|
Sinopec
Corp. optimises its financing structure to decrease its financial
expenses.
|
|
Bills
payable
|
27,258
|
18,753
|
8,505
|
45.35
|
Sinopec
Corp. optimises its financing structure to decrease its financial
expenses
|
|
Accounts
payable
|
92,069
|
56,464
|
35,605
|
63.06
|
Sinopec
Corp. enlarged its production scale and the prices of the crude oil and
other raw materials have increased in the first three quarters of
2009.
|
|
Taxes
payable
|
11,464
|
6,816
|
4,648
|
68.19
|
Mainly
attributable to the increase of consumption tax and income
tax.
|
|
Non-current
liabilities due within one year
|
7,630
|
19,511
|
(11,881)
|
(60.89)
|
Mainly
attributable to the decrease of long-term loans due within one
year.
|
|
Debentures
payable
|
93,498
|
62,207
|
31,291
|
50.30
|
Sinopec
Corp. issued medium-term notes in the reporting
period.
|
-
12 -
|
Items
of Consolidated Income Statement
|
As
at 30 September 2009
|
As
at 30 September 2008
|
Increase/(decrease)
|
Main
reason for Changes
|
|
|
Amount
|
Percentage
|
||||
|
During
the January-September RMB millions
|
RMB
millions
|
%
|
|||
|
Operating
costs
|
667,113
|
1,056,526
|
(389,413)
|
(36.86)
|
Mainly
attributable to the decreased cost of raw materials resulted from decrease
of the crude oil price compared with the same period of the preceding
year.
|
|
Sales
taxes and surcharges
|
96,911
|
47,464
|
49,447
|
104.18
|
The
increased fuel consumption tax levied by the government since the
beginning of this year has directly resulted in increase of sales
taxes.
|
|
Impairment
losses
|
599
|
11,952
|
(11,353)
|
(94.99)
|
Mainly
attributable to the impairment of crude oil in the first three quarters of
last year.
|
|
Loss/(gain)
from changes in fair value
|
409
|
(3,753)
|
4,162
|
Not
applicable
|
Attributable
to the changes in the unrealised gain/loss on the embedded derivative
component of the Convertible Bonds caused by the fluctuations in the
valuation of H shares of Sinopec Corp.
|
|
Non-operating
income
|
569
|
46,157
|
(45,588)
|
(98.77)
|
Mainly
attributable to that Sinopec Corp. recognised subsidy income in the first
three quarters of last year.
|
|
Income
tax expense
|
14,082
|
2,420
|
11,662
|
481.90
|
The
increase of income tax is attributable to increase of the profit before
taxation compared with the same period of the preceding
year.
|
|
Net
profit attributable to the equity shareholders of the
Company
|
49,714
|
15,052
|
34,662
|
230.28
|
Benefited
from the revised pricing mechanism of refined petroleum products in the
domestic market, the refining segment of Sinopec Corp. made profit in the
reporting period. Meanwhile, the Management made effort to expand market
and improve efficiency.
|
|
Net
profit/(loss) attributable to minority interests
|
2,121
|
(1,586)
|
3,707
|
Not
applicable
|
Mainly
attributable to the increase of the net profit from controlling
subsidiaries.
|
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|
3.2
|
Significant
events and their impacts as well as the analysis and explanations for the
solutions
|
√ Applicable □ Inapplicable
On
the Acquisition of All the Assets of 6 Research Institutes and All the Equity
Interests of 5 Companies under Sinopec Asset Management Company
On
August 21, 2009, Sinopec Corp. held the second meeting of its 4th Session of the
Board of Directors, where the attendees reviewed and approved the Proposal
Concerning the Acquisition of Certain Assets and Equity Interests of Sinopec
Assets Management Company. Under the proposal, Sinopec Corp. acquired all the
assets of 6 subsidiaries of Sinopec Asset Management Company, including RIPED,
RIPP, BCRI and three other research institutes in Shanghai, Fushun and Qingdao,
and 100% equity interests of 5 wholly-owned subsidiaries, including Xingpu
Company, BCRI Design Institute, Sinosun Certification Center, Fushun Huanke
Company and Materials Equipment Company. The acquisition consideration amounts
to RMB 3,945.81 million, including RMB 3,110.16 million for all the assets of
the 6 research institutes and RMB 835.65 million for 100% equity interests in
the 5 limited-liability companies. For more information, please read the
connected transaction announcements released in China Securities Journal,
ShangHai Securities News and Securities Times dated August 24.
|
3.3
|
Status
of commitment issue fulfillment by the Company, shareholder and actual
controller.
|
□ Applicable √ Inapplicable
|
3.4
|
Caution
and explanation as to the anticipated loss of accumulated net profits from
the beginning of the year to the end of the next reporting period or
significant changes over the same period of last
year.
|
√ Applicable □ Inapplicable
In
2008, the international crude oil price went up by a large margin and tight
control was imposed on the domestic price of oil products. The oil product price
was even lower than the crude oil price. The Company took all measures to ensure
the supply of oil product to the market by purchasing resources from a wide
range of sources and importing of oil products in time, and further optimizing
the transportation of oil products. The measures caused a heavy loss to the
Company’s refining business and a significant decline in overall
results.
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14 -
Since
the beginning of 2009, China launched the reform of refined oil product prices
and taxes. The domestic oil refining business has gradually taken a turn for the
better, making it possible to give a play to the advantages of the Company’s oil
refining business in scale, cost, integration and management. The market demand
for chemical products also shows an upturn. The Company expects a year-on-year
increase of more than 50% in the 2009 annual results.
3.5 Implementation
of Cash Dividend in the Reporting Period
√ Applicable □ Inapplicable
Distribution
of interim dividend of 2009
Authorized
at the 2008 shareholders’ meeting and approved at the second meeting of the 4th
Session of the Board of Directors of Sinopec Corp., the dividend distribution
plan for the half year ended on June 30, 2009 is RMB 0.007 (including tax) per
share, calculated on the basis of 86.702439 billion shares as of June 30, 2009,
amounting to about RMB 6.069 billion of cash dividends, which were distributed
on October 15, 2009 to all the shareholders whose names appeared on the Sinopec
Corp.'s register of members as of September 21, 2009
|
3.6
|
This
quarterly report is published in both English and Chinese languages. The
Chinese version shall prevail, in case of any disparity in construing
these two versions.
|
|
By
Order of the Board
Su
Shulin
Chairman
|
Beijing,
PRC 29 October 2009
As
at the date of this announcement, the non-executive directors are Messrs. Su
Shulin, Zhang Yaocang, Cao Yaofeng, Li Chunguang and Liu Yun; the executive
directors of Sinopec Corp. are Messrs. Wang Tianpu, Zhang Jianhua, Wang Zhigang,
Cai Xiyou, Dai Houliang; the independent non-executive directors are Messrs. Liu
Zhongli, Ye Qing, Li Deshui, Xie Zhongyu, Chen Xiaojin.
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15 -
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:
October 30, 2009
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