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Sinopec Announces Resignation of Executive Director Yu Baocai

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The latest announcement is out from China Petroleum & Chemical ( (HK:0386) ).

China Petroleum & Chemical Corporation announced the resignation of Mr. Yu Baocai from his roles as an executive director and senior vice president due to his age. The company expressed gratitude for his diligent service and confirmed that there are no disagreements or issues related to his departure that need to be addressed with shareholders.

More about China Petroleum & Chemical

China Petroleum & Chemical Corporation, also known as Sinopec Corp., is a major player in the energy sector, primarily involved in the exploration, production, and marketing of oil and chemical products. The company operates extensively within the People’s Republic of China and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: -9.12%

Average Trading Volume: 18,869

Technical Sentiment Signal: Buy

Current Market Cap: $88.27B

For a thorough assessment of 0386 stock, go to TipRanks’ Stock Analysis page.

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