China Financial Daily

Sinopec responded to “loan-sharking” event of a subsidiary: there is no wrongful act
For the media reports, Sinopec Sichuan Sales Co., Ltd.’s subsidiary Sichuan Petrochemical Construction Investment Co. , Ltd. was involved in “loan-sharking” event, meanwhile, the shareholders didn’t sign but change the equity without authority. Sinopec Group Company responded that its Sichuan Petrochemical Construction Investment Co. , Ltd. is under the corporate enterprises, in accordance with relevant state laws and regulations , self- related businesses operation, and there is no ” loan sharking ” wrongful act .

Internet exposed Sinopec petrol quality problems, or damage over 10000 vehicles
Yueyang a vehicle owner recently received three consecutive messages-

” Recently, if your car appears that indicator is light, engine is shaking, and engine is incapable, please contact the 4S shop as soon as possible , we will test free of charge . ”

“If recently, your car use Sinopec 93 # gasoline , please contact with the 4S shop as soon as possible , we will test free of charge. ”

“If you use Sinopec 93 # gasoline from 29 April to 5 May, please go to 4S store for testing . ”

Yueyang City, Hunan Province , is the major petrochemical refinery and related production base in Hunan . But recently , Sinopec local gas stations are plunged into the turmoil of “defective oil”.

On May 25, ” Daily News ” reporter learned that , at present , Sinopec has already started receiving vehicle breakdown , and freely repaired the vehicles which refueled oil from April 26 to May 10.

However, the affected vehicles are unable to statistics. Reporter visited found that only a Buick 4S store, the vehicles (waiting for repairing) are up to 1100. However, the relevant people of Sinopec Yueyang Branch said that the oil in test is no problem.