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Sinochem
Sinochem Corporation () is a Chinese state-owned multinational conglomerate primarily engaged in the production and trading of chemicals and fertilizer and exploration and production of oil for civilian and military purposes. Its majority owned fertilizer subsidiary Sinofert is involved throughout the chain from production of the product and procurement on international markets to distribution and retail. Sinochem Group was founded in 1950. Its predecessor was China National Chemicals Import and Export Corporation, which was China's largest trading firm. Sinochem Group is the key state-owned enterprise under the supervision of State-owned Assets Supervision and Administration Commission of the State Council (SASAC). Sinochem's headquarter is located in Xicheng District, Beijing. Sinochem's core businesses span over energy, agriculture, chemicals, real estate and financial service. It is one of Chinese four state oil companies, China's biggest agricultural input company (fer ...
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Emerald Energy
Emerald Energy plc is an energy exploration subsidiary of Chinese state-owned company Sinochem with headquarters in London but is registered offshore in the Isle of Man. The company specialises in oil exploration and production of hydrocarbons. Formerly listed on the London Stock Exchange and a constituent of the FTSE 250 Index, the firm was acquired by Sinochem Group in October 2009. The phone number for any ex-shareholder questions is 020 7930 7060. History The company was established in 1996 when it was first listed on the London Stock Exchange as an oil exploration business. Later in 1996 it secured its first major opportunity at the Matambo field in Colombia. By 1998 it had started drilling at Gigante in the Matambo field. In May 2000 a serious fire at Gigante put a well out of production for several months. The company extended its activities to Campo Rico in Colombia in 2002 and to Fortuna in Colombia in 2003. In 2003 it also started activities in Syria, its first mo ...
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Sinofert
Sinofert Holdings Limited or Sinofert (), formerly Sinochem Hong Kong Holdings Limited, is the largest all-rounded fertilizer enterprise in China. It is engaged in chemical fertilizer business in China, which involves research and development, production, procurement, distribution of various fertilizers. It is 53% owned by Sinochem Group, 22% owned by PotashCorp The Potash Corporation of Saskatchewan, also known as PotashCorp, was a company based in Saskatoon, Saskatchewan. The company merged with Calgary-based Agrium to form Nutrien, in a transaction that closed on January 1, 2018. The company was t ..., and the remaining 25% is traded on the Hong Kong Stock Exchange. References External linksSinofert Holdings Limited {{authority control Sinochem Group Companies based in Beijing Companies listed on the Hong Kong Stock Exchange Fertilizer companies of China Government-owned companies of China Chinese companies established in 1994 ...
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Ning Gaoning
Ning Gaoning (; born 9 November 1958), also known as Frank Ning, is a Chinese business executive. He was born in Binzhou, Shandong Province. He graduated Shandong University and received an MBA from the University of Pittsburgh, University of Pittsburgh's Joseph M. Katz Graduate School of Business, Katz School of Business in 1987. During his career at China Resources (''Huarun''), he led over 30 major M&As to make China Resources one of the largest food conglomerate in China. He also served as the Chairman of state-owned China National Cereals, Oils and Foodstuffs Corporation (COFCO). Currently, He is the Chairman of the Sinochem Group. He is also the Chairman of Hong Kong Building and Loan Agency Limited and Deputy Chairman of Vanke, China Vanke company Limited. Ning has been recognized five times as one of the 25 most influential business leaders by ''Chinese Entrepreneur'' magazine. In 2009, Ning was named Asia Business Leader of the Year by CNBC Asia, CNBC Asia Pacific. In Nove ...
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Fortune Global 500
The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by ''Fortune'' magazine. Methodology Until 1989, it listed only non-United States industrial corporations under the title "International 500" while the ''Fortune'' 500 contained and still contains exclusively United States corporations. In 1990, United States companies were added to compile a truly global list of top industrial corporations as ranked by sales. Since 1995, the list has had its current form, listing also top financial corporations and service providers by revenue. Several inconsistencies exist in ''Fortune'' ranking of cities with the most ''Fortune'' 500 headquarters. On June 3, 2011, the ''Atlanta Business Chronicle'' stated examples of ''Fortune'' including regional headquarters for some cities, excluding regional headquarters for other cities and in some cases excluding headquarte ...
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Executive Order 13959
Executive Order 13959 is a U.S. Presidential Executive Order signed on November 12, 2020, by President Donald Trump. Its title, and stated goal, is "Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies." It is essentially no longer in force since its first five paragraphs, the key substantive provisions, were superseded by Executive Order 14032 ("Addressing the Threat From Securities Investments That Finance Certain Companies of the People's Republic of China"), signed by President Biden on June 3, 2021. The national emergency declared by E.O. 13959 remains in effect, however, and was expanded by E.O. 14032. Prohibiting investment in "Communist Chinese military companies" The executive order prohibits all U.S. investors (institutional and retail investors alike) from purchasing or investing in securities of companies identified by the U.S. government as "Communist Chinese military companies". A "Communist Chinese military compan ...
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SASAC
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of various other industry-specific ministries. SASAC is responsible for managing state-owned enterprises (SOEs), including appointing top executives and approving any mergers or sales of stock or assets, as well as drafting laws related to SOEs. , its companies had a combined assets of CN¥194 trillion (US$30 trillion), revenue of more than CN¥30 trillion (US$4.6 trillion), and an estimated stock value of CN¥65 trillion (US$10.06 trillion), making it the one of the largest economic entities in the world. Central SOEs SASAC currently oversees 97 centrally owned companies. Companies directly supervised by SASAC are continuously reduced through mergers according to the state-owned enterprise restructuring plan with the number of SASAC companies ...
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State-owned Assets Supervision And Administration Commission Of The State Council
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of various other industry-specific ministries. SASAC is responsible for managing state-owned enterprises (SOEs), including appointing top executives and approving any mergers or sales of stock or assets, as well as drafting laws related to SOEs. , its companies had a combined assets of CN¥194 trillion (US$30 trillion), revenue of more than CN¥30 trillion (US$4.6 trillion), and an estimated stock value of CN¥65 trillion (US$10.06 trillion), making it the one of the largest economic entities in the world. Central SOEs SASAC currently oversees 97 centrally owned companies. Companies directly supervised by SASAC are continuously reduced through mergers according to the state-owned enterprise restructuring plan with the number of SASAC companie ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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State Administration For Industry And Commerce
Prior to March 2018, the State Administration for Industry and Commerce (SAIC; ) was the authority in the People's Republic of China responsible for advancing legislation concerning the administration of industry and commerce in the People's Republic. On a local level, the organizations responsibilities roughly mimicked those of the secretaries of individual states in the United States as a registration and licensing authority. The last minister was Zhang Mao (). As part of China's 2018 government administration overhaul, the SAIC was merged into the newly created State Administration for Market Regulation. Administration The agency was organized into the following divisions: *General Office *Department of Law *Antimonopoly and Anti-unfair Competition Enforcement Bureau *Direct Selling Regulation Bureau *Consumer Protection Bureau *Department of Market Regulation *Regulation Department for Market Circulation of Food *Enterprise Registration Bureau *Bureau for Registration of Fo ...
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United States Department Of Defense
The United States Department of Defense (DoD, USDOD or DOD) is an executive branch department of the federal government charged with coordinating and supervising all agencies and functions of the government directly related to national security and the United States Armed Forces. The DoD is the largest employer in the world, with over 1.34 million active-duty service members (soldiers, marines, sailors, airmen, and guardians) as of June 2022. The DoD also maintains over 778,000 National Guard and reservists, and over 747,000 civilians bringing the total to over 2.87 million employees. Headquartered at the Pentagon in Arlington, Virginia, just outside Washington, D.C., the DoD's stated mission is to provide "the military forces needed to deter war and ensure our nation's security". The Department of Defense is headed by the secretary of defense, a cabinet-level head who reports directly to the president of the United States. Beneath the Department of Defense are th ...
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Oil Refinery
An oil refinery or petroleum refinery is an industrial process plant where petroleum (crude oil) is transformed and refined into useful products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha. Petrochemicals feedstock like ethylene and propylene can also be produced directly by cracking crude oil without the need of using refined products of crude oil such as naphtha. The crude oil feedstock has typically been processed by an oil production plant. There is usually an oil depot at or near an oil refinery for the storage of incoming crude oil feedstock as well as bulk liquid products. In 2020, the total capacity of global refineries for crude oil was about 101.2 million barrels per day. Oil refineries are typically large, sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids between large chemical processing units, such as distillation colu ...
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Quanzhou
Quanzhou, postal map romanization, alternatively known as Chinchew, is a prefecture-level city, prefecture-level port city on the north bank of the Jin River, beside the Taiwan Strait in southern Fujian, China. It is Fujian's largest metropolitan region, with an area of and a population of 8,782,285 as of the 2020 census. Its City proper, built-up area is home to 6,669,711 inhabitants, encompassing the Licheng District, Quanzhou, Licheng, Fengze District, Fengze, and Luojiang District, Quanzhou, Luojiang district (PRC), urban districts; Jinjiang, Fujian, Jinjiang, Nan'an, Fujian, Nan'an, and Shishi, Fujian, Shishi city (PRC), cities; Hui'an county (PRC), County; and the Quanzhou District for Taiwanese Investment. Quanzhou was China's 12th-largest extended metropolitan area in 2010. Quanzhou was China's major port for foreign traders, who knew it as Zaiton, during the 11th through 14th centuries. It was visited by both Marco Polo and Ibn Battuta; both travelers praised it as ...
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