Li Fanrong is the chairman of China Sinochem, and Ning Gaoning steps down

Author:21st Century Economic report Time:2022.08.26

21st Century Business Herald reporter Peng Qiang Beijing report

According to the official WeChat News of China, on the morning of August 26, China Sinochem Holding Co., Ltd. held a conference on middle level or above. The relevant comrades of the Central Organization Department announced the decision to adjust the central government's main responsible comrades in China Sinochem Holding Co., Ltd.: Comrade Li Fanrong served as chairman and party secretary of China Sinochem Holding Co., Ltd., eliminating its China Sinochem Holding Co., Ltd. The position of general manager; the chairman and party group secretary of Comrade Ning Gaoning's Sinochem Holding Co., Ltd. Related positions are exempted in accordance with the provisions of relevant laws and regulations.

Li Fanrong has long worked in the petroleum petrochemical system for a long time, and has successively served as the deputy general manager of CNOOC, deputy director of the National Energy Administration, and general manager of PetroChina. In April 2021, Li Fanrong became the general manager of China Sinochem and deputy secretary of the party group.

According to the information of Sinochem's official website, Li Fanrong is currently serving as a director and general manager of China Sinochem Co., Ltd., chairman of Sinochem Energy Co., Ltd., chairman of Sinochem International (Holdings) Co., Ltd. Essence

Ning Gaoning was born in November 1958. He has the experience of studying forces and overseas, and is famous for its outstanding capital operation capabilities and corporate management capabilities. In 1987, Ning Gaoning entered China Resources Group, and since then he has served as general manager of China Resources Entrepreneurship, deputy general manager of China Resources Group, chairman of China Resources Group; from 2004 to 2016, Ning Gaoning served as chairman of COFCO Group; January 2016 Ning Gaoning is the chairman of Sinochem Group and the chairman of China Chemical Group in 2018.

In May 2021, the former China Sinochem Group and China Chemical Group jointly reorganized and established a new chemical enterprise China Sinochem Holdings Co., Ltd. (Sino -Sino -Sino -Sino -Sino -Sino -Sino -Holding). The total number of employees is 220,000. After gathered assets of China Chemical and Sinochem Group, China ’s Sinochem owned 16 domestic and overseas listed companies including Yangnong Chemical, An Daomai, Sinochem International, and Pirelli.

In May 2021, Ning Gaoning served as the chairman of China Sinochem after the reorganization, and stepped down in August 2022.

As of the end of 2021, Sinochem's total assets exceeded 1.5 trillion yuan, and the annual operating income exceeded 1.1 trillion yuan, ranking 31st in the 2022 Fortune World 500 list, and the first list of chemical industry lists.

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