Sinopec

China, France set exemplary model of win-win cooperation in energy sector

Retrieved on: 
Tuesday, April 30, 2024

BEIJING, April 30, 2024 /PRNewswire/ -- A report from People's Daily: Energy technology is one of the key areas of cooperation between China and France.

Key Points: 
  • BEIJING, April 30, 2024 /PRNewswire/ -- A report from People's Daily: Energy technology is one of the key areas of cooperation between China and France.
  • Particularly, they have set an exemplary model of international scientific and industrial collaboration in civilian nuclear energy, oil and gas resource development, and new clean energy sectors.
  • In the realm of nuclear energy technology innovation, China and France have engaged in long-term and in-depth collaborative research.
  • The cooperation between China and France in the field of clean energy is also flourishing.

Sinopec Completes Drilling of China's Deepest Geothermal Exploration Well of 5,200 Meters

Retrieved on: 
Wednesday, April 10, 2024

BEIJING, April 10, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully completed the drilling of China's deepest geothermal exploration well, the Fushen-1 Well in Hainan with a well depth of 5,200 meters.

Key Points: 
  • BEIJING, April 10, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully completed the drilling of China's deepest geothermal exploration well, the Fushen-1 Well in Hainan with a well depth of 5,200 meters.
  • Sinopec is committed to become China's leading enterprise in the development and utilization of geothermal energy.
  • It has an accumulated geothermal heating capacity of nearly 100 million square meters with several multi-million-square-meter regional geothermal heating projects already built and in operation.
  • In 2023, Sinopec also hosted the 7th World Geothermal Congress (WGC2023) in Beijing.

Sinopec Completes Drilling of China's Deepest Geothermal Exploration Well of 5,200 Meters

Retrieved on: 
Wednesday, April 10, 2024

BEIJING, April 10, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully completed the drilling of China's deepest geothermal exploration well, the Fushen-1 Well in Hainan with a well depth of 5,200 meters.

Key Points: 
  • BEIJING, April 10, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully completed the drilling of China's deepest geothermal exploration well, the Fushen-1 Well in Hainan with a well depth of 5,200 meters.
  • The drilling goal of Fushen-1 Well is granite dated 250 million years ago.
  • Sinopec is committed to become China's leading enterprise in the development and utilization of geothermal energy.
  • It has an accumulated geothermal heating capacity of nearly 100 million square meters with several multi-million-square-meter regional geothermal heating projects already built and in operation.

The 25th China Hi-Tech Fair Opens in Shenzhen, Setting New Record in Scale

Retrieved on: 
Wednesday, November 15, 2023

The 25th China Hi-Tech Fair (CHTF) commenced on November 15, 2023 in Shenzhen, China, featuring the theme "Invigorate the Power of Innovation, Upgrade the Quality of Development."

Key Points: 
  • The 25th China Hi-Tech Fair (CHTF) commenced on November 15, 2023 in Shenzhen, China, featuring the theme "Invigorate the Power of Innovation, Upgrade the Quality of Development."
  • The exhibition is expected to cover an area of 500,000 square meters, making it the most extensive and globally diverse session to date.
  • Notable international organizations and companies, including Intel and Starbucks, will unveil major projects during the fair.
  • The 25th CHTF promises to be a milestone event, fostering global collaboration, and advancing technology for a sustainable future.

Sinopec Highlights CCUS Achievements at COP 28 and Releases Its First 10-Year Performance Report on Supporting "Belt and Road" Initiative

Retrieved on: 
Tuesday, December 12, 2023

In 2022, Sinopec officially started to operate the mega-tonne Qilu-Shengli CCUS project, a milestone for China's CCUS industry phasing in mature commercial operation.

Key Points: 
  • In 2022, Sinopec officially started to operate the mega-tonne Qilu-Shengli CCUS project, a milestone for China's CCUS industry phasing in mature commercial operation.
  • It is China's first mega-tonne CCUS demonstration project and is estimated to reduce carbon emissions by 1 million tonnes per year, the equivalent of planting nearly 9 million trees.
  • The project is of great significance to establishing the "artificial carbon cycle" and provides extensive practical engineering experience and technical data for large-scale CCUS project in China.
  • The 10-year performance report on Sinopec's engagement in BRI development underscores Sinopec's strong commitment to sustainable development and contributions, covering the scopes of energy cooperation, environmental protection, culture exchanges, and social well-being.

Sinopec Highlights CCUS Achievements at COP 28 and Releases Its First 10-Year Performance Report on Supporting "Belt and Road" Initiative

Retrieved on: 
Friday, December 8, 2023

In 2022, Sinopec officially started to operate the mega-tonne Qilu-Shengli CCUS project, a milestone for China's CCUS industry phasing in mature commercial operation.

Key Points: 
  • In 2022, Sinopec officially started to operate the mega-tonne Qilu-Shengli CCUS project, a milestone for China's CCUS industry phasing in mature commercial operation.
  • It is China's first mega-tonne CCUS demonstration project and is estimated to reduce carbon emissions by 1 million tonnes per year, the equivalent of planting nearly 9 million trees.
  • The project is of great significance to establishing the "artificial carbon cycle" and provides extensive practical engineering experience and technical data for large-scale CCUS project in China.
  • The 10-year performance report on Sinopec's engagement in BRI development underscores Sinopec's strong commitment to sustainable development and contributions, covering the scopes of energy cooperation, environmental protection, culture exchanges, and social well-being.

Sinopec Highlights CCUS Achievements at COP 28 and Releases Its First 10-Year Performance Report on Supporting "Belt and Road" Initiative

Retrieved on: 
Friday, December 8, 2023

In 2022, Sinopec officially started to operate the mega-tonne Qilu-Shengli CCUS project, a milestone for China's CCUS industry phasing in mature commercial operation.

Key Points: 
  • In 2022, Sinopec officially started to operate the mega-tonne Qilu-Shengli CCUS project, a milestone for China's CCUS industry phasing in mature commercial operation.
  • It is China's first mega-tonne CCUS demonstration project and is estimated to reduce carbon emissions by 1 million tonnes per year, the equivalent of planting nearly 9 million trees.
  • The project is of great significance to establishing the "artificial carbon cycle" and provides extensive practical engineering experience and technical data for large-scale CCUS project in China.
  • The report also highlights Sinopec's path of promoting harmonious coexistence between human beings and nature, actively advancing green and clean production, developing a circular economy, conserving biodiversity, and taking proactive climate actions.

CKGSB's Win in China Program - A Resounding Success in Oman

Retrieved on: 
Friday, December 1, 2023

BEIJING, Dec. 1, 2023 /PRNewswire/ -- Cheung Kong Graduate School of Business (CKGSB) has successfully concluded its "Economic Leadership - Win in China" program, in partnership with the Royal Academy of Management (RAM) in Muscat, Oman, on November 20-22, 2023.

Key Points: 
  • BEIJING, Dec. 1, 2023 /PRNewswire/ -- Cheung Kong Graduate School of Business (CKGSB) has successfully concluded its "Economic Leadership - Win in China" program, in partnership with the Royal Academy of Management (RAM) in Muscat, Oman, on November 20-22, 2023.
  • The program hosted 40 CEOs from Omani state-owned companies and the private sector, with the goal of equipping them with the skills to successfully navigate the Chinese market, build their capacity to win in and with China, and foster closer business relations between the business communities of the two countries.
  • The program featured lectures by CKGSB professors and leaders such as CKGSB Dean Xiang Bing , CKGSB Professor of Economics and Associate Dean, Li Wei, Sinopec's former Chairman Fu Chengyu, and JD.com's former Chief Strategy Officer Liao Jianwen .
  • The program also featured panel sessions with business leaders invited by CKGSB and RAM.

TopBrand 2023 Global Brands: U.S. Tops List with 172 Brands, China Secures No. 2 Position

Retrieved on: 
Tuesday, November 21, 2023

Rounding out the list of notable attendees was Shi Yigong, Academician of the Chinese Academy of Sciences, and President of Westlake University.

Key Points: 
  • Rounding out the list of notable attendees was Shi Yigong, Academician of the Chinese Academy of Sciences, and President of Westlake University.
  • At the event, Dr. Wang Yong, the initiator and Secretary-General of the China Brand Festival and Chairman of TopBrand Union, unveiled the TopBrand 2023 Top 500 Global Brands List.
  • In 2022, TopBrand Union made its inaugural release of the TopBrand 2023 Top 500 Global Brands List, marking a significant global perspective shift from a Chinese vantage point.
  • Additionally, the TopBrand 2023 Top 500 Chinese Brands List was unveiled during the event.

Hollysys Automation Technologies Reports Unaudited Financial Results for the First Quarter Ended September 30, 2023

Retrieved on: 
Wednesday, November 15, 2023

BEIJING, Nov. 15, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced its unaudited financial results for the first quarter of fiscal year 2024 ended September 30, 2023.

Key Points: 
  • Net income attributable to Hollysys was $31.6 million, an increase of 47.9% compared to the comparable prior year period.
  • Non-GAAP net income attributable to Hollysys was $32.2 million, an increase of 40.3% compared to the comparable prior year period.
  • BEIJING, Nov. 15, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company"), a leading provider of automation and control technologies and applications in China, today announced its unaudited financial results for the first quarter of fiscal year 2024 ended September 30, 2023.
  • Fiscal Quarter Ended September 30, 2023 Unaudited Financial Results Summary