2020
Sinochem Holdings Corporation Ltd.
On March 31, 2021, at the approval of the State Council, Sinochem Group Co., Ltd. ( “Sinochem”) and China
National Chemical Corporation Ltd. ( “ChemChina”) undertook a joint restructuring. Sinochem Holdings
Corporation Ltd. (“Sinochem Holdings”) was established and wholly owned by the State-owned Assets
Supervision and Administration Commission on behalf of the State Council. Sinochem and ChemChina became the
wholly-owned subsidiaries of Sinochem Holdings.
2017
Sinochem Group Co., Ltd.
On December 26, 2017, Sinochem Group changed from an enterprise owned by the whole people to one that is
solely state-owned, with a new full company name of Sinochem Group Co., Ltd.
China National Chemical Corporation Ltd
On December 4, 2017, China National Chemical Corporation changed from an enterprise owned by the whole people
to one that is solely state-owned, with a new full company name of China National Chemical Corporation Ltd.
2004
China National Chemical Corporation.
On May 9, 2004, upon approval of the State Council, China National BlueStar (Group) Co, Ltd.,
China Haohua Chemical Industry (Group) Corporation and other enterprises formerly directly under the former
Ministry of the Chemical Industry, People’s Republic of China established China National Chemical
Corporation(ChemChina Corporation) after recombination, with industrial characteristics in new chemical
materials and specialty chemicals.
2003
Sinochem Group.
On November 10, 2003, due to the mismatch between the company name and its business,
positioning, market value and development trend, China National Chemicals Import & Export Corporation
was renamed as Sinochem Group at the approval of State Assets Administration and Supervision Commission and
State Administration for Industry and Commerce.
1965
China National Chemicals Import & Export Cor.
On June 12, 1965, the Ministry of Foreign Trade standardized the names of foreign trade
enterprises for smoother communication with foreign partners and domestic institutions. On July 16, China
Chemicals Import & Export Corporation was renamed as China National Chemicals Import & Export
Corporation.
1961
China Chemicals Import & Export Corporation
On January 1, 1961, after restructuring the administrative units and enterprises affiliated to
the Ministry of Foreign Trade, China Chemicals Import & Export Corporation was renamed as China National
Chemicals Import & Export Corporation.
1951
China Import & Export Corporation.
On January 8, 1951, the preparation team for China National Import & Export Corporation was
set up with staff from China Import Corporation and its subsidiaries in North China. On Feburary
13,entrusted by the Ministry of Trade, China Import & Export Corporation began to oversee the import
& export business of some Hong Kong institutions. On March 1, the company was officially opened and
started trading with capitalist countries.
1950
China Import Corporation.
On March 10, 1950, the central government decided to set up a nationwide foreign trade
enterprise under the Trade Ministry, in order to unify state trading, fulfill national set target of the
import & export volume, lead domestic market, strike a balance between supply and demand across the
country, and boost the recovery and development of domestic production, leading to the formal establishment
of China Import Corporation, the predecessor of Sinochem Group.
