On March 29th, Zhang Shaofeng, Member of Sinopec Group’s Leading Party Member Group and Chief Accountant, visited Sinopec Capital to inspect the fund management business. The management team, CxOs, staff from relevant departments of Sinopec Capital and Enze Fund attended the meeting.

 Zhang Shaofeng listened to reports on fund operation management, fund management architecture design, the latest fund policies of the State-owned Assets Supervision and Administration Commission(SASAC), and the status of the funds to be established. Fully affirming the achievements of Sinopec Capital's fund business, he put forward requirements for future development. He emphasized the importance to accurately understand the overall situation of the modern capital market with Chinese characteristics, execute SASAC’s policy on the management of SOE funds, improve the capability to cope with complex situations, strengthen financial risk control, and actively optimize the development environment. He also required Sinopec Capital to systematically review relevant work, enhance the top-level design of funds, accelerate the construction of a unified middle and back office for funds, fully utilize modern management tools, and provide stronger momentum for development.

 Sinopec Capital will follow the arrangement of Sinopec Group, promote the establishment of funds such as the hydrogen fund, accelerate the construction of a standardized and diversified fund support system, and contribute to the new chapter of China's modern petrochemical industry.