Petrochemical Oilfield Services: Disclosure of the risk assessment report for financial services related to Shengjun Company.

date
17/08/2026
Sinopec Oilfield Service Corporation announced that it has completed a continuous risk assessment of financial business related to its affiliated company, Sinopec Shengjun International Investment Co., Ltd. As of June 30, 2026, Shengjun Company has total assets of 266.044 billion yuan, net assets of 34.705 billion yuan, revenue of 4.817 billion yuan, net profit of 1.003 billion yuan for the first half of 2026, and a debt-to-asset ratio of 86.96%. Moody's and S&P credit ratings are A1 and A, respectively. As of the end of June 2026, the company's deposits with Shengjun Company amounted to 1.509 billion yuan, with loans amounting to 0 yuan, and currently there are no uncontrollable risks associated with related financial business.