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 February, 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 the resolution passed by the board of directors of
Maoming Oil Refinery to stop the work on the application for listing of A shares
of Maoming Oil Refinery on February 20, 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 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: February 20, 2004
The Stock Exchange of Hong Kong Limited takes no responsibility for the contents
of this announcement, makes no representation as to its accuracy or completeness
and expressly disclaims any liability whatsoever for any loss howsoever arising
from or in reliance upon the whole or any part of the contents of this
announcement.
[GRAPHIC OMITTED]
[GRAPHIC OMITTED]
CHINA PETROLEUM & CHEMICAL CORPORATION
(a joint stock limited company incorporated in the People's
Republic of China with limited liability)
ANNOUNCEMENT
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The board of directors of Maoming Oil Refinery has passed a resolution to stop
the work on the application for listing of A shares of Maoming Oil Refinery.
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Reference is made to the announcement of China Petroleum & Chemical Corporation
("Sinopec Corp.") dated 13 June 2003.
The board of directors of Sinopec Corp. announced that it was informed by
Sinopec Maoming Oil Refinery & Chemical Company Limited ("Maoming Oil
Refinery"), a subsidiary of Sinopec Corp., on 20 February 2004 that the board of
directors of Maoming Oil Refinery convened a board meeting on 19 February 2004
at which the following resolution relating to the convertible bonds of RMB
1,500,000,000 of Maoming Oil Refinery (the "Bonds") was passed and the following
is the relevant resolution in respect of the Bonds which will be published by
Maoming Oil Refinery in the PRC on 21 February 2004:
"As China Securities & Regulatory Commission has issued "the Notice on Further
Formalising the Requirements of First Listing of Shares", based on the listing
requirements, the board of directors of Maoming Oil Refinery considered that
Maoming Oil Refinery does not meet the listing requirements in respect of
connected transactions and independence in operations etc. As such, following
the discussion at the meeting, the board has passed a resolution to stop the
work on the application for listing of A shares, and will form a managerial
committee to handle the subsequent work on the Bonds in order to protect the
interest of the holders of the Bonds. This resolution will be presented at a
general meeting of the shareholders of Maoming Oil Refinery for approval. If
approved, the board will authorise the managerial committee to handle the
matters relating to the redemption of the Bonds."
This announcement is made pursuant to the requirements under paragraph 2 of the
Listing Agreement.
By Order of the Board
China Petroleum & Chemical Corporation
Chen Ge
Secretary to the Board of Directors
Beijing, PRC, 20 February 2004