On May 9, Sinochem International (Holdings) Co., Ltd. (hereinafter referred to as “Sinochem International”) announced that the board of directors had recently received the resignation letter from Mr. Li Fanrong, chairman of the company. Work reasons,
Apply to resign from the company’s directors, chairman, and members of various professional committees under the board of directors and other related positions. During his tenure as the chairman of the company, Mr. Li Fanrong was diligent, dedicated, and dedicated to the company’s strategic transformation and performance.
liter, the company’s standardized operation has played an important role. The board of directors expressed its sincere thanks to Mr. Li Fanrong for his contribution to the company during his tenure.
On the same day, Sinochem International issued an announcement on the resolution of the board meeting, stating that it agreed to elect Zhang Xuegong as the chairman of the company; it agreed to elect Zhang Xuegong as the chairman of the strategy committee and the sustainable development committee of the board of directors.
Sinochem’s business scope covers life sciences, materials science, petrochemicals, environmental sciences, rubber tires, machinery and equipment, urban operations, and industrial finance. It is a leading comprehensive chemical company in the world. It owns 16 domestic and foreign listed companies including Yangnong Chemical, ADAMA, Adisseo, Sinochem International, Luxi Chemical, Haohua Technology, Elkem, Pirelli, and China Jinmao, and has production facilities in more than 150 countries and regions around the world. Bases and R&D facilities, as well as a complete marketing network system. By the end of 2021, Sinochem’s total assets exceeded 1.5 trillion yuan, and its annual operating income exceeded 1.1 trillion yuan, ranking 31st on the 2022 Fortune Global 500 list and first in the chemical industry.
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