( ) ( ) ( )( ), ( ) ( ) 6 30( ) ( ), ( ), 8 28,,

2 中石化炼化

中石化炼化 3 4 6 8 12 16 28 50 58 60 124

4 中石化炼化

中石化炼化 5,,,,

6 中石化炼化 ( ) SINOPEC ENGINEERING (GROUP) CO., LTD. SINOPEC SEG 6 19 B :100101 :+8610-6499-8114 :www.segroup.cn :seg.ir@sinopec.com ( ) : http://www.hkex.com.hk : http://www.segroup.cn

中石化炼化 7 19 B ( ) H : : :2386 100000000041054 : ( ) 224, 5, 10 : ( ) 28 12 15 26 110105710934908 71093490-8

8 中石化炼化

中石化炼化 9

10 中石化炼化 : 6 30 2014 12 31 (%) 55,215,602 52,084,595 6.0 23,732,156 22,869,116 3.8 () 5.36 5.16 3.8 : 6 30 2014 (%) 20,905,016 22,649,791 (7.7) 3,020,616 3,028,896 (0.3) 1,922,471 2,232,326 (13.9) 2,118,858 2,484,611 (14.7) 1,710,683 1,877,478 (8.9) () 0.39 0.42 (8.9) ( ) 766,066 (346,241) ( ) () 0.17 (0.08)

中石化炼化 11 6 30 2014 (%) 14.4 13.4 (%) 8.2 8.3 (%) 3.2 3.9 (%) 7.2 8.6 (%) 7.4 8.8 6 30 2014 12 31 (%) 57.0 56.1

12 中石化炼化

中石化炼化 13

14 中石化炼化 1 : 2014 12 31 (+,-) 6 30 (%) (%) ( ) 2,967,200,000 67.01 2,967,200,000 67.01 (H ) 1,460,800,000 32.99 1,460,800,000 32.99 4,428,000,000 100.00 4,428,000,000 100.00 2,1,210 ( ) (1) : (+,-) H (%) (%) (1) 2,967,200,000 67.01 100.00 HKSCC NOMINEES LIMITED -6,264,100 1,446,080,900 32.66 98.99 HIGH SUMMIT GROUP LIMITED 0 3,000,000 0.07 0.21 HUNG LAI SHUEN +2,000,000 2,000,000 0.05 0.14 TANG KEUNG LAM 0 2,000,000 0.05 0.14 ZHANG SAIYU +1,200,000 1,200,000 0.03 0.08 TANG CHEUK LOI +1,000,000 1,000,000 0.02 0.07 TANG HIU TUNG +1,000,000 1,000,000 0.02 0.07 TANG YAT FEI +1,000,000 1,000,000 0.02 0.07 TANG S INVESTMENTS LIMITED 0 1,000,000 0.02 0.07

中石化炼化 15 (2),,, ( ( ) ) XV 2 3, 5%: ( ) (%) (7) (%) (8) (1) 2,967,200,000(L) 100.00(L) 67.01(L) (2) H 131,468,000(L) 9.00(L) 2.97(L) (3) H 131,756,000(L) 9.02(L) 2.98(L) JPMorgan Chase & Co. (4) H 104,200,769(L) 7.13(L) 2.35(L) 715,530(S) 0.04(S) 0.02(S) 100,587,239(P) 6.88(P) 2.27(P) Value Partners Group Limited (5) H 89,293,000(L) 6.11(L) 2.02(L) Templeton Global Advisors Limited (6) H 78,865,000(L) 5.40(L) 1.78(L) : (L):,(S):,(P): : (1) ( )2,967,200,000, 100.00% 67.01%,59,344,000, 2.00%1.34%, (2) 2013 11 19 (3) (i) (ii) (iii) (iv) (v)2013 6 4,131,756,000 H, (4) JPMorgan Chase & Co. 3 17 (5) Value Partners Group Limited 6 8 (6) Templeton Global Advisors Limited 4 1 (7) 2,967,200,000 H 1,460,800,000 (8) 4,428,000,000

16 中石化炼化

中石化炼化 17

18 中石化炼化,,,,,,,,, 209.05, 17.11,278.52 ;, 1,108.69,, ;,,,,,,,,, 1 (1),,,,,,,, GDP7.0%,,,,,,,,,,,,,,,,,,,,,,, 2014,,,2014, ;2014, ; 1, ; 4, ; 4,,,

中石化炼化 19 (2), 209.05, 17.11, 1,108.69,278.52 :(1) ;(2);(3) ; (4) ( ) ( ): 6 30 2014 () (%) () (%) (%) 1,337,392 5.9 1,688,536 6.9 (20.8) 12,891,709 57.0 13,366,117 54.6 (3.5) 8,008,090 35.4 9,091,497 37.2 (11.9) 388,814 1.7 318,231 1.3 22.2 22,626,005 100.0 24,464,381 100.0 (1) 20,905,016 22,649,791 (7.7) : (1), 209.05, ( ) 7.7%, 1,200 ( ) ( ) ( EPC ),,

20 中石化炼化 : 6 30 2014 () (%) () (%) (%) 2,421,511 11.6 4,958,237 22.0 (51.2) 5,999,942 28.7 9,070,325 40.0 (33.9) 8,492,715 40.6 4,875,378 21.5 74.2 3,990,848 19.1 3,745,851 16.5 6.5 20,905,016 100.0 22,649,791 100.0 (7.7),, 24.22,51.2%, 60.00,33.9%; 84.93,74.2%, ( ) 70 ( DMTO ) DMTO ( DMTO ); LNG 39.91,6.5% : 6 30 2014 () (%) () (%) (%) 18,062,063 86.4 19,361,471 85.5 (6.7) 2,842,953 13.6 3,288,320 14.5 (13.5) 20,905,016 100.0 22,649,791 100.0 (7.7), 28.43,13.5%,

中石化炼化 21,1,108.69, 2014 12 31 6.7%, 2014 493.46 2.2 278.52,9.4%, LNG EPC ( LNG ) LNG EPC ( LNG ) 25 EPC( ) ( ) Maaden ( ) IRPC Public Company Limited( PP ), 1.14, (3) : 2013 12 26,,, 50 : 180 (DMTO) 30 60 EPC, 400: 400 EP, 170: 2014 11 24,, : 1-3# 4# EPC,, : 2014 8 29,,,

22 中石化炼化 : 100 50 50 PXEPCC,, FCC : 243 47 EPCC, JUMBO PTA PET : 120PTA 100PET EPC,,,,, ;,,,, 278.52, 51.3%, 213.94,10.41,,, LNG, 47.05 ; LNG, 56.00 ;, 4.71 ;, 3.70,,,,4.71 ; PP, 2.20,,

中石化炼化 23 20 20 :, 20,, :,,,

24 中石化炼化 10:, 10,, 5% SE :,, (SE ) CO 2 :, CO 2, :,,, ( )( ) ( EMRE ) 2014 4 13,, (FMTG),,,,,,,, 0.76,273 ( 85 ),266, ( ) 41, 4 2014 (DMTO) ; ; ;,, 16

中石化炼化 25,,,, CO 2,,,, 7.74,,1.10,,,,, ( ),,, ; GE,;PIL,;,,,, ( ),,

26 中石化炼化,QHSE,,,,,QHSE,,QHSE,,,,,109.67 2,,,,,,,;,,,,,,,,,, ;,,,,, (AIIB),,,,, ;,,;,,;,,

中石化炼化 27,,,,,;,,;,,;,,,,, ;,,;,,,,,,,,,,,

28 中石化炼化

中石化炼化 29

30 中石化炼化 1 : 6 30 2014 () (%) () (%) (%) 20,905,016 100.0 22,649,791 100.0 (7.7) (17,884,400) (85.6) (19,620,895) (86.6) (8.9) 3,020,616 14.4 3,028,896 13.4 (0.3) 51,978 0.2 115,760 0.5 (55.1) (42,196) (0.2) (48,823) (0.2) (13.6) (473,621) (2.3) (455,115) (2.0) 4.1 (459,712) (2.2) (312,295) (1.4) 47.2 (175,148) (0.8) (96,392) (0.4) 81.7-554 0.0 295 0.0 87.8 1,922,471 9.2 2,232,326 9.9 (13.9) 238,615 1.1 301,042 1.3 (20.7) (47,570) (0.2) (55,589) (0.2) (14.4) - 191,045 0.9 245,453 1.1 (22.2) ( ) (265) (0.0) 1,314 0.0-5,607 0.0 5,518 0.0 1.6 2,118,858 10.1 2,484,611 11.0 (14.7) (408,070) (2.0) (607,068) (2.7) (32.8) 1,710,788 8.2 1,877,543 8.3 (8.9) 0 0.0 (776) 0.0 - (19,044) (0.1) (111,673) (0.5) (82.9) (563) (0.0) (6,793) (0.0) (91.7) 1,691,181 8.1 1,758,301 7.8 (3.8)

中石化炼化 31 (1) 226.507.7%209.05,, (2) 196.218.9%178.84 (3) 30.21,;13.4% 14.4%, DMTO DMTO (4) 1.1655.1%0.52,, (5) 0.4913.6%0.42 (6) 4.554.1%4.74 (7) 3.1247.2%4.60,, (8) 0.9681.7%1.75,

32 中石化炼化 (9) - 29.50 55.40 (10), 22.3213.9%19.22 (11) - 2.4522.2%1.91, (12) 6.0732.8%4.08, 24.4% 19.3%,, (13), 18.788.9%17.11 (14), 17.583.8% 16.91

中石化炼化 33 2 : 6 30 6 30 6 30 6 30 6 30 2014 2014 2014 2014 2014 () () (%) () (%) 1,337,392 1,688,536 603,474 837,266 45.1 49.6 264,718 607,043 19.8 36.0 12,891,709 13,366,117 1,893,835 1,732,626 14.7 13.0 1,352,580 1,333,250 10.5 10.0 8,008,090 9,091,497 504,222 456,282 6.3 5.0 278,414 288,270 3.5 3.2 388,814 318,231 19,085 2,722 4.9 0.9 781 (9,171) 0.2 (2.9) 25,978 12,934 22,626,005 24,464,381 3,020,616 3,028,896 1,922,471 2,232,326 (3) 20,905,016 22,649,791 3,020,616 3,028,896 14.4 (1) 13.4 (1) 1,922,471 2,232,326 9.2 (2) 9.9 (2) (1), (2), (3) 7

34 中石化炼化 : 6 30 2014 () (%) () (%) 1,337,392 100.0 1,688,536 100.0 (733,918) (54.9) (851,270) (50.4) 603,474 45.1 837,266 49.6 (2,577) (0.2) (2,605) (0.2) (39,786) (3.0) (39,015) (2.3) (285,920) (21.4) (197,125) (11.7) (10,473) (0.8) 8,522 0.5 264,718 19.8 607,043 36.0 (1) 16.8920.8%13.37,, (2) 8.5113.8%7.34 (3) 8.3727.9%6.03,,, 45.1%,

中石化炼化 35 (4) 257.72, (5) 0.40, (6) 1.9745.0%2.86, (7), 6.0756.4%2.65 : 6 30 2014 () (%) () (%) 12,891,709 100.0 13,366,117 100.0 (10,997,874) (85.3) (11,633,491) (87.0) 1,893,835 14.7 1,732,626 13.0 (24,683) (0.2) (30,795) (0.2) (232,778) (1.8) (231,473) (1.7) (160,349) (1.2) (104,770) (0.8) (123,445) (1.0) (32,338) (0.2) 1,352,580 10.5 1,333,250 10.0

36 中石化炼化 (1) 133.663.5%128.92, (2) 116.335.5%109.98 (3) 17.339.3%18.94, 13.0% 14.7% DMTO DMTO (4) 0.25 (5) 2.33, (6) 1.0553.0%1.60, (7), 13.331.4%13.53

中石化炼化 37 : 6 30 2014 () (%) () (%) 8,008,090 100.0 9,091,497 100.0 (7,503,868) (93.7) (8,635,215) (95.0) 504,222 6.3 456,282 5.0 (13,390) (0.2) (13,877) (0.2) (188,687) (2.4) (173,002) (1.9) (13,156) (0.2) (10,224) (0.1) (10,575) (0.1) 29,091 0.3 278,414 3.5 288,270 3.2 (1) 90.9111.9%80.08 (2) 86.3513.1%75.04 (3) 4.5610.5%5.04 5.0% 6.3% (4) 0.143.5%0.13,

38 中石化炼化 (5) 1.739.1%1.89, (6) 0.1028.7%0.13, (7), 2.883.4%2.78 : 6 30 2014 () (%) () (%) 388,814 100.0 318,231 100.0 (369,729) (95.1) (315,509) (99.1) 19,085 4.9 2,722 0.9 (1,546) (0.4) (1,546) (0.5) (12,370) (3.2) (11,625) (3.7) (287) (0.1) (176) (0.1) (4,101) (1.1) 1,454 0.5 ( ) 781 0.2 (9,171) (2.9)

中石化炼化 39 (1) 3.1822.2%3.89 (2) 3.1617.2%3.70 (3) 0.03 0.19 (4) 0.02, (5) 0.12, (6) 17.6 28.7 (7) ( ), 917.1078.1,

40 中石化炼化 3 : 6 30 2014 () (%) () (%) (%) 2,421,511 11.6 4,958,237 22.0 (51.2) 5,999,942 28.7 9,070,325 40.0 (33.9) 8,492,715 40.6 4,875,378 21.5 74.2 3,990,848 19.1 3,745,851 16.5 6.5 20,905,016 100.0 22,649,791 100.0 (7.7),, 24.22,51.2%, 60.00,33.9%; 84.93,74.2%, DMTO DMTO ; 39.91,6.5%,

中石化炼化 41 : 6 30 2014 () (%) () (%) (%) 18,062,063 86.4 19,361,471 85.5 (6.7) 2,842,953 13.6 3,288,320 14.5 (13.5) 20,905,016 100.0 22,649,791 100.0 (7.7),180.62,86.4%,6.7%; 28.43,13.6%,13.5% : 6 30 2014 () (%) () (%) (%) 9,353,922 44.7 8,737,138 38.6 7.1 11,551,094 55.3 13,912,653 61.4 (17.0) 20,905,016 100.0 22,649,791 100.0 (7.7), 93.54,7.1%, ; 115.51,17.0%,

42 中石化炼化 4 : 6 30 2014 12 31 () () (%) 6,899,713 6,514,745 5.9 87,912,160 82,079,668 7.1 15,936,730 15,191,362 4.9 120,373 136,508 (11.8) 110,868,976 103,922,283 6.7 : 6 30 2014 12 31 () () (%) 25,946,177 26,639,953 (2.6) 22,844,744 23,600,743 (3.2) 43,360,089 47,261,719 (8.3) 18,717,966 6,419,869 191.6 110,868,976 103,922,283 6.7 : 6 30 2014 12 31 () () (%) 80,621,162 77,288,816 4.3 30,247,814 26,633,467 13.6 110,868,976 103,922,283 6.7

中石化炼化 43 : 6 30 2014 12 31 () () (%) 48,696,166 41,346,352 17.8 62,172,810 62,575,932 (0.6) 110,868,976 103,922,283 6.7,1,108.69, 2014 12 31 6.7%, 2014 493.46 2.2 : 6 30 2014 () () (%) 1,722,360 2,140,715 (19.5) 18,724,200 12,780,365 46.5 7,379,209 10,444,423 (29.3) 25,940 82,254 (68.5) 27,851,709 25,447,757 9.4 : 6 30 2014 () () (%) 1,727,736 6,764,144 (74.5) 5,243,943 3,598,281 45.7 4,591,085 8,063,273 (43.1) 16,288,945 7,022,059 132.0 27,851,709 25,447,757 9.4

44 中石化炼化 : 6 30 2014 () () (%) 21,394,409 22,671,401 (5.6) 6,457,300 2,776,356 132.6 27,851,709 25,447,757 9.4 : 6 30 2014 () () (%) 16,703,736 8,950,193 86.6 11,147,973 16,497,564 (32.4) 27,851,709 25,447,757 9.4, 278.52, 2014 254.489.4%, LNG

中石化炼化 45 5, (1) : 6 30 2014 12 31 55,215,602 52,084,595 3,131,007 47,344,269 44,032,264 3,312,005 7,871,333 8,052,331 (180,998) 31,479,883 29,212,021 2,267,862 28,677,990 26,347,950 2,330,040 2,801,893 2,864,071 (62,178) 3,563 3,458 105 23,735,719 22,872,574 863,145 23,732,156 22,869,116 863,040 4,428,000 4,428,000 0 19,304,156 18,441,116 863,040,552.16, 314.80,0.04, 237.32 2014 :, 552.16, 2014 31.31 : 473.44, 2014 33.12, 78.71, 2014 1.81,, 314.80, 2014 22.68 : 286.78, 2014 23.30, 28.02, 2014 0.62, 237.32, 2014 8.63,

46 中石化炼化 (2),8.90, 7.66 : 6 30 2014 ( ) 766,066 (346,241) 954,179 3,017,189 (830,075) (842,272) 890,170 1,828,676,21.19, 23.84, : 3.08,1.55, 2.39,0.48 ; 11.06,:, 29.53 ;, 13.39 ;,, 5.16,5.53, 7.66 9.54, 8.30, 2014,,, ;,,

中石化炼化 47 (3) : 6 30 2014 (%) 8.2 8.3 (%) (1) 3.2 3.9 (%) (2) 7.2 8.6 (%) (3) 7.4 8.8 2014 6 30 12 31 (%) (4) 0.0 0.0 (%) (5) (%) (6) 1.7 1.7 (%) (7) 1.6 1.6 (1) = (+) 2 (2) = (3) = EBIT (1-) -+ (4) = + (5) = (6) = (7) = -

48 中石化炼化, 3.9% 3.2%, 8.6% 7.2%, 8.8% 7.4%,,, 6 30 2014 12 31, 1.7,, 1.6, 6,, H,,,

中石化炼化 49 7,18,497, 6 30 13,305 71.9 1,080 5.9 4,112 22.2 18,497 100.0, 6 30 1,485 8.0 7,953 43.0 3,527 19.1 5,532 29.9 18,497 100.0,,, 6 30 2014 6 30, 22.19 23.29

50 中石化炼化

中石化炼化 51

52 中石化炼化 1,, 2 6 30, 6 30 6 30 4,428,000,000, 0.114 () 5 182014,,,H 8 31 H 3,, : (1) ; (2) ; (3) ; (4) ; (5) ; (6) ; (7) ; (8) 2013 5 10 2013 8 19 2013 9 10,2014 3 17

中石化炼化 53, 103.10, 6.62,96.48 ( 94.40, 2.08 ), ( )6.53,; ( )93.81,, 0.02,; 58.36,; 106.00,,1.50 2.00, 2014 3 17 0.56,, 1.00,, 0.05,, 0.03,, 0.02,,,, 39

54 中石化炼化 3 10, 1 23 ( ) ( ): (a) ; (b) : i ; ii,, (); iii i ii,, ; (c)

中石化炼化 55 4 2007 4 24,,, 5,, 6, 7,

56 中石化炼化 8, 0.20,, 30.65,97.32 9, 10, 11, 12,

中石化炼化 57 13, 14, 15,,( ), 19 16

58 中石化炼化 6 30, : (1) (2) 50 1-8 (2) 52 1-8 50 2013 4-8 57 2014 5-8 (3) 53 1-8 (3) 54 1-8 68 2013 4-8 79 2013 4-8 50 2013 4-8 : (1), 1 (2) 1 12,,,, (3) 1 12, (2) (6) 44 5-8 46 1-8 55 1-8 50 1-8 49 1-8 51 1-8

中石化炼化 59 : (1), 1 (2) 1 12, (3) 1 12, (4), 3 (5) 3,,, (6) 5,2014,, (3) 50 2013 4 56 2012 8 49 2012 8 56 2012 8 54 2014 11 47 2012 8 47 2014 5 2012 8 2012 12 54 2014 5,, XV 7 8, 352, ( ) ( XV ) ( ),

60 中石化炼化

中石化炼化 61

62 中石化炼化 ( ) ( ) 64 123 ( ) ( ) ( ),6 30,,,,,,,,,,,,,,,

中石化炼化 63, 6 30, ( ) 28 12 8 28 :P04834

64 中石化炼化 6 30 2014 6 20,905,016 22,649,791 (17,884,400) (19,620,895) 3,020,616 3,028,896 8 51,978 115,760 (42,196) (48,823) (473,621) (455,115) (459,712) (312,295) (175,148) (96,392) - 9 554 295 1,922,471 2,232,326 10 238,615 301,042 10 (47,570) (55,589) - 191,045 245,453 ( ) 19(a) (265) 1,314 19(b) 5,607 5,518 11 2,118,858 2,484,611 12 (408,070) (607,068) 1,710,788 1,877,543

中石化炼化 65 ( ) 6 30 2014, : (776) (563) (6,793) (563) (7,569) : (19,044) (111,673), (19,607) (119,242) 1,691,181 1,758,301 : 1,710,683 1,877,478 105 65 1,710,788 1,877,543 : 1,691,076 1,758,236 105 65 1,691,181 1,758,301 () - 13 0.39 0.42

66 中石化炼化 6 30 2014 12 31 16 3,962,157 4,089,588 17 2,776,404 2,807,632 18 345,847 384,847 19(a) 7,551 7,812 19(b) 110,820 105,213 20 2,750 2,750 35 665,804 654,489 7,871,333 8,052,331 24 1,693,081 1,623,654 21 13,080,835 11,076,064 22 6,091,326 5,368,153 23 7,182,569 6,656,897 25 8,600,000 9,600,000 26 32,769 25,644 27 611,360 500,000 28 10,052,329 9,181,852 47,344,269 44,032,264 55,215,602 52,084,595

中石化炼化 67 ( ) 6 30 2014 12 31 29 4,428,000 4,428,000 30 19,304,156 18,441,116 23,732,156 22,869,116 3,563 3,458 23,735,719 22,872,574 31 2,488,801 2,529,913 32 281,880 302,094 35 31,212 32,064 2,801,893 2,864,071 33 13,161,961 12,287,138 34 8,372,839 7,827,395 23 7,055,825 6,014,636 87,365 218,781 28,677,990 26,347,950 31,479,883 29,212,021 55,215,602 52,084,595 18,666,279 17,684,314 26,537,612 25,736,645 8 28 : : :

68 中石化炼化 ( 29) ( 30) ( 30) ( 30) ( 30) ( 30) 2014 1 1 4,428,000 10,118,960 191,517 11,484 123,788 1,549 6,101,416 20,976,714 3,627 20,980,341 1,877,478 1,877,478 65 1,877,543 : - (1,034) (1,034) (1,034) - 258 258 258 - (144,616) (144,616) (144,616) - 32,943 32,943 32,943 (6,793) (6,793) (6,793) (776) (6,793) 1,765,805 1,758,236 65 1,758,301 : 2013 (841,320) (841,320) (841,320) 64,659 (64,659) (42,292) 42,292 22,367 (863,687) (841,320) (841,320) 2014 6 30 4,428,000 10,118,960 191,517 10,708 146,155 (5,244) 7,003,534 21,893,630 3,692 21,897,322

中石化炼化 69 ( ) ( 29) ( 30) ( 30) ( 30) ( 30) ( 30) 1 1 4,428,000 10,119,313 364,707 152,695 5,115 7,799,286 22,869,116 3,458 22,872,574 1,710,683 1,710,683 105 1,710,788 : - (23,644) (23,644) (23,644) - 4,600 4,600 4,600 (563) (563) (563) (563) 1,691,639 1,691,076 105 1,691,181 : 2014 (828,036) (828,036) (828,036) 53,279 (53,279) (30,770) 30,770 22,509 (850,545) (828,036) (828,036) 6 30 4,428,000 10,119,313 364,707 175,204 4,552 8,640,380 23,732,156 3,563 23,735,719

70 中石化炼化 6 30 2014 37 1,278,476 37,535 (553,020) (508,556) 40,610 124,780 ( ) 766,066 (346,241) (125,740) (160,098) (7,601) (10,304) (127) (11,683) (750) - 198,005 176,262 1,161 1,531 596-746 1,216 ( ) (112,111) 2,520,265 (5,600,000) (5,500,000) 6,600,000 6,000,000 954,179 3,017,189 490,660 653,725 (490,660) (653,725) (2,039) (952) (828,036) (841,320) (830,075) (842,272) 890,170 1,828,676 9,181,852 5,514,490 (19,693) (29,177) 28 10,052,329 7,313,989

中石化炼化 71 1 1.1 ( ) ( ) ( ) (1) (2) (3)(4) 1.2 2007 7 24 ( ), 6 ( ), ( ),,, ( ) ( ) ( ),, 2012 8 28, ( ) 2012 4,2012 8 28 2013 5 23 2 ( ),,,, 5

72 中石化炼化 3 3.1 1 1 : 19 : 6 30, : 27 ( ) 1 9 2 15 2 1 1 2016 1 1 2 2018 1 1 15, - 3.2 ( ),,,,,, ( ), ( ),,,,,,,,,,,

中石化炼化 73 3 ( ) 3.2 ( ),,,,,,,,,,20% 50%,, ( 3.8), ( ),,,,, ( ) 3.3,( )( )

74 中石化炼化 3 ( ) 3.4,( ),, () : (a) ; (b) ( ;,); (c) 3.5 (( ) ),,, ( ), : 12-40 4-20,,,,,,( 3.8),,

中石化炼化 75 3 ( ) 3.6,,, 3.7 4 6,, 5 10 3.8 ( ),,,,, ( ) () 3.9 : (i), (ii),

76 中石化炼化 3 ( ) 3.9 ( ) ( ),,,,,,,, (,),,,, 3.10 ( ), ( ),

中石化炼化 77 3 ( ) 3.11,,,,, 3.12 3.13, 3.14 ;( ), 3.15, 3.16,,,,,,,(),, (),,

78 中石化炼化 3 ( ) 3.16 ( ) (i) ; (ii),,,,, 3.17,,,,,, ; ( ),,,( ),,,,,: ;

中石化炼化 79 3 ( ) 3.17 ( ) 17% 6% 3% 5% 3.18,,,,,, 3.19 :;;,,, 3.20,,,,,

80 中石化炼化 3 ( ) 3.21,,,,,, (a) (b),,,,,,,, 3.22,,,,,,,, (a) (b),,,,,

中石化炼化 81 3 ( ) 3.22 ( ) ( ),,, ( ), 3.23 ( ), : (i),; (ii) ; (iii) ; (iv) ; (v) ; (vi), 3.24, ( )

82 中石化炼化 3 ( ) 3.25,, :(i)37, (ii) ( ) 3.26, 4,, 4.1 :( ), (a),, ( ) 6 30 2014 12 31,,,

中石化炼化 83 4 ( ) 4.1 ( ) (a) ( ) ( ) 6 30 6,198,274 154,845 161,093 1,217,095 344,168 (244,276) (1,396) (519,575) 7,171,093 153,449 (14,314) 2014 12 31 5,547,609 161,427 82,660 923,250 94 315,863 (279,189) (1,515) (597,250) 6,191,670 160,006 (198,727) 6 30 2014 12 31, 5% : 6 30 2014 12 31 ( ) - (268,916) (232,188) - (5,754) (6,000) 6 30 2014 12 31,, 5%

84 中石化炼化 4 ( ) 4.1 ( ) (a) ( ), (b),,,, (c),,, 6 30 14,044,625 14,044,625 14,044,625 2014 12 31 13,233,054 13,233,054 13,233,054

中石化炼化 85 4 ( ) 4.2,,, ( ( )) 6 30 2014 12 31 14,044,625 13,233,054 : (10,696,458) (9,707,496) 3,348,167 3,525,558 ( ) 23,732,156 22,869,116 27,080,323 26,394,674 12% 13% 4.3 : () ( ),( ) (), ( ) ( ) ( ),, 6 30 2014 12 31,

86 中石化炼化 5,, (a) (),,, ( ),, (b) ( 16),,, (c) ( 21) () ( ), (d),,, ( 35), (),,, (e), ( ), 31

中石化炼化 87 5 ( ) (f) ( 32),,,,, 6 () : 6 30 2014 1,337,392 1,688,536 12,891,709 13,366,117 6,633,842 7,459,947 42,073 135,191 20,905,016 22,649,791 7, : (i) - ; (ii) - ; (iii) -,, ; (iv) -,, ( 16) ( 17) ( 18),

88 中石化炼化 7 ( ) : (i) 6 30 : 6 30: 1,337,392 12,891,709 6,633,842 42,073 20,905,016 1,374,248 346,741 (1,720,989) 1,337,392 12,891,709 8,008,090 388,814 (1,720,989) 20,905,016 264,718 1,352,580 278,414 781 25,978 1,922,471 238,615 (47,570) (265) (265) 4,613 994 5,607 2,118,858 (408,070) 1,710,788 57,096 28,069 136,569 9,370 231,104 42,360 21,019 13,168 813 77,360-20,117 4,855 73,791 7,015 105,778-127 127-4,026 3,317 258 7,601 9,760 127,210 11,861 5,752 154,583 6 30 : 6,621,376 23,611,584 15,872,793 988,968 (1,874,654) 45,220,067 7,551 7,551 72,547 38,273 110,820 9,877,164 55,215,602 2,540,628 18,809,730 11,664,790 220,812 (1,874,654) 31,361,306 118,577 31,479,883

中石化炼化 89 7 ( ) (ii) 2014 12 312014 6 30 : 2014 6 30: 1,688,536 13,366,117 7,459,947 135,191 22,649,791 1,631,550 183,040 (1,814,590) 1,688,536 13,366,117 9,091,497 318,231 (1,814,590) 22,649,791 607,043 1,333,250 288,270 (9,171) 12,934 2,232,326 301,042 (55,589) 1,314 1,314 4,484 1,034 5,518 2,484,611 (607,068) 1,877,543 51,304 31,338 132,946 8,593 224,181 40,379 22,562 13,464 502 76,907-29,686 16,496 129,022 7,050 182,254-11,683 11,683-7,463 2,252 589 10,304 ( ) (1,639) 72,146 12,956 1,063 84,526 2014 12 31 : 7,734,663 19,013,025 15,405,049 1,077,815 (2,013,471) 41,217,081 7,812 7,812 82,867 22,346 105,213 10,754,489 52,084,595 3,106,511 14,645,212 12,336,165 886,759 (2,013,471) 28,961,176 250,845 29,212,021

90 中石化炼化 7 ( ) :, ( ) () () 6 30 2014 18,062,063 19,361,471 2,842,953 3,288,320 20,905,016 22,649,791 2014 6 30, 10% : 6 30 2014 4,086,613 5,022,581 6 30 2014 12 31 6,868,044 7,092,744 334,735 302,348 7,202,779 7,395,092 8 6 30 2014 20,807 18,375 3,523 167 33,694 12,866 52,930 14,782 10,594 51,978 115,760

中石化炼化 91 9-6 30 2014 554 295 10 6 30 2014 198,005 176,262 40,610 124,780 238,615 301,042 (2,039) (952) (45,531) (54,637) (47,570) (55,589) 191,045 245,453 11 ( ): 6 30 2014 2,218,699 2,329,339 () 340,204 341,418 7,162,880 7,949,366 7,041,032 7,545,076-231,104 224,181-30,759 30,912-46,601 45,995-186,338 187,917-154,583 84,526 (13,379) (7,980) 459,712 312,295 (554) (295) ( ) 11,199 (33,694)

92 中石化炼化 12 6 30 2014 375,292 525,047 2,074 35,773 38,271 51,185 415,637 612,005 ( 35) (7,567) (4,937) 408,070 607,068,2014 6 30 25%,15%,2014 6 30, 25% : 6 30 2014 2,118,858 2,484,611 529,715 621,153 : (169,535) (85,320) (519) (1,726) 11,833 28,610 (840) (1,896) 1,140 12,333 (1,995) (17,271) 38,271 51,185 408,070 607,068 19% 24%

中石化炼化 93 13 (a) 2014 6 30 6 30 2014 () 1,710,683 1,877,478 4,428,000,000 4,428,000,000 () 0.39 0.42 (b) 2014 6 30, 2014 6 30 14 2014 6 30 6 30 2014 0.114 (2014: 0.125 ) (1) 504,792 553,500 (1) 8 28, 12 310.114 (2014 : 0.125 ),504,792,000 (2014 : 553,500,000 )

94 中石化炼化 15 6 30 2014 1,239,105 1,273,789 (1) 292,344 285,458 ( 31(b)) - 2,329 1,323-45,531 54,637 (2) 128,413 118,065 510,977 596,067 2,218,699 2,329,339 : (1) 2014 6 30 17% 22% (2),7% 12%,,

中石化炼化 95 16 2014 1 1 3,153,634 3,274,751 346,624 6,775,009 (885,585) (1,839,936) (2,725,521) 2,268,049 1,434,815 346,624 4,049,488 2014 6 30 2,268,049 1,434,815 346,624 4,049,488 3,343 6,879 (10,222) 70,799 111,455 182,254 (61,085) (163,096) (224,181) (290) (946) (1,236) 2,210,017 1,348,451 447,857 4,006,325 2014 6 30 3,135,164 3,374,444 447,857 6,957,465 (925,147) (2,025,993) (2,951,140) 2,210,017 1,348,451 447,857 4,006,325 1 1 3,457,699 3,686,318 66,638 7,210,655 (988,273) (2,132,794) (3,121,067) 2,469,426 1,553,524 66,638 4,089,588 6 30 2,469,426 1,553,524 66,638 4,089,588 12,809 (12,809) 49,415 56,363 105,778 (66,691) (164,413) (231,104) (625) (1,480) (2,105) 2,402,110 1,449,855 110,192 3,962,157 6 30 3,456,772 3,726,576 110,192 7,293,540 (1,054,662) (2,276,721) (3,331,383) 2,402,110 1,449,855 110,192 3,962,157

96 中石化炼化 16 ( ) : 6 30 2014 206,916 205,320 1,069 1,068 23,119 17,793 231,104 224,181 17 6 30 2014 2,807,632 2,857,234 127 11,683 (30,759) (30,912) (596) 2,776,404 2,838,005, 20 50 : 6 30 2014 15,374 15,243 306 363 15,079 15,306 30,759 30,912

中石化炼化 97 18 2014 1 1 479,882 238,398 718,280 (110,383) (164,118) (274,501) 369,499 74,280 443,779 2014 6 30 369,499 74,280 443,779 10,304 10,304 (27,646) (18,349) (45,995) 341,853 66,235 408,088 2014 6 30 479,882 248,702 728,584 (138,029) (182,467) (320,496) 341,853 66,235 408,088 1 1 479,882 265,498 745,380 (165,577) (194,956) (360,533) 314,305 70,542 384,847 6 30 314,305 70,542 384,847 7,601 7,601 (27,596) (19,005) (46,601) 286,709 59,138 345,847 6 30 479,882 273,099 752,981 (193,173) (213,961) (407,134) 286,709 59,138 345,847 : 6 30 2014 20,050 16,379 291 34 26,260 29,582 46,601 45,995

98 中石化炼化 19 (a) 6 30 2014 7,812 8,184 750 ( ) (265) 1,314 (746) (1,216) 7,551 8,282 ( ) : 1,500 (2014 :1,500) 50% 3,000 (2014 :1,500) 50% 3,000 (2014 :3,000) 50%

中石化炼化 99 19 ( ) (a) ( ) ( ): 6 30 2014 12 31 127,303 105,088 3,179 3,339 130,482 108,427 (115,380) (92,803) (115,380) (92,803) 15,102 15,624 (50%) (2014: 50%) 7,551 7,812 6 30 2014 27,206 86,832 ( ) ( ) (529) 2,628 ( ) (50%) (2014: 50%) (265) 1,314,,

100 中石化炼化 19 ( ) (b) 6 30 2014 105,213 95,059 5,607 5,518 110,820 100,577 ( ) : (1) 50,000 (2014 :50,000) (2) 15,000 (2014 :15,000) (3) 5,500 (2014 :5,500) 35.00% 40.00% 36.36% (1) : 6 30 2014 12 31 551,794 517,688 30,143 26,386 581,937 544,074 (362,086) (336,934) (20) (19) (362,106) (336,953) 213,329 200,619 6,502 6,502 219,831 207,121 (35%) (2014: 35%) 74,665 70,217 6 30 2014 44,754 88,791 12,710 8,708 (35%) (2014: 35%) 4,448 3,048

中石化炼化 101 19 ( ) (b) ( ) (2) : 6 30 2014 12 31 63,579 65,514 35,278 36,103 98,857 101,617 (21,057) (27,131) (21,057) (27,131) 77,800 74,486 (40%) (2014: 40%) 31,120 29,794 6 30 2014 40,429 8,215 3,313 3,447 (40%) (2014: 40%) 1,325 1,379

102 中石化炼化 19 ( ) (b) ( ) (3) : 6 30 2014 12 31 135,728 57,685 944 1,043 136,672 58,728 (122,820) (44,420) (2) (2) (122,822) (44,422) 13,850 14,306 (36.36%) (2014: 36.36%) 5,035 5,202 6 30 2014 1,959 62,416 ( ) ( ) (457) 3,002 ( ) (36.36%) (2014: 36.36%) (166) 1,091,,

中石化炼化 103 20 6 30 2014 2,750 19,362 (1,034) 2,750 18,328 : 6 30 2014 12 31 : - 2,750 2,750,,, 21 6 30 2014 12 31 2,590,273 3,714,925 298,072 170,941 2,708,707 1,255,275 1,280 1,280 7,202,148 5,372,684 12,800,480 10,515,105 : (346,226) (272,620) - 12,454,254 10,242,485 626,581 833,579-13,080,835 11,076,064 6 30 2014 12 31, 15 90,,(),,

104 中石化炼化 21 ( ), : 6 30 2014 12 31 12,181,517 10,246,620 661,758 644,152 128,535 109,006 85,879 59,781 10,071 16,505 13,075 13,080,835 11,076,064,: 6 30 2014 12 31 8,065,596 8,254,104 919,978 941,081 2,592,751 607,994 781,756 829,774 522,921 328,871 197,833 114,240 13,080,835 11,076,064 : 6 30 2014 272,620 170,602 116,643 29,570 (43,037) (40,497) 346,226 159,675 : 6 30 2014 12 31 11,620,678 9,959,972 1,181,501 891,212 267,173 213,356 11,483 11,524 13,080,835 11,076,064

中石化炼化 105 22 6 30 2014 12 31 : - 382,780 168,554 1,568,852 945,922 2,336,199 2,033,375 265,497 305,853 3,538 3,078 70,096 56,946 4,626,962 3,513,728 (1) 36,162 30,280 (1) 215 15 750 1,500 12,463 29,626 42,141 45,057 1,270,698 1,575,066 130,039 115,398 197,592 241,721 77,385 77,340 137,937 98,463 1,905,382 2,214,466 : (441,018) (360,041) - 6,091,326 5,368,153 (1) 6 30 2014 12 31

106 中石化炼化 22 ( ) : 6 30 2014 360,041 225,889 89,915 156,611 (26) (8,938) (61,158) 441,018 321,316 23 6 30 2014 12 31 154,644,049 136,677,128 : (154,517,305) (136,034,867) 126,744 642,261 : 7,184,215 6,658,549 : (1,646) (1,652) 7,182,569 6,656,897 (7,055,825) (6,014,636) 126,744 642,261 6 30 2014 19,525,551 20,826,064

中石化炼化 107 24 6 30 2014 12 31 1,231,414 1,155,213 56,654 80,144 405,013 388,297 1,693,081 1,623,654 6 30 2014 12 31, 2014 6 30, 7,162,880,000 7,949,366,000 25, 6 30 2014 12 31 3.45% - 4.50% 4.50% 26 6 30 2014 12 31-31,843 24,120-83 42-843 1,482 32,769 25,644 6 30 2014 12 31,1 12, 27 6 30 2014 12 31 : 611,360 500,000 611,360 500,000

108 中石化炼化 27 ( ) 6 30 2014 12 31 : - 500,000-611,360 611,360 500,000 6 30,5 (2014: 3 6 ), 1.31%(2014: 3.22% 3.65%), 28 6 30 2014 12 31 5,772,438 5,640,653 4,279,891 3,541,199 10,052,329 9,181,852 6 30 2014 12 31 : - 4,150,403 3,391,680-5,586,914 5,547,609-123,228 60,944-154,845 161,427 - - 3,536-25,143 14,562-11,796 2,094 10,052,329 9,181,852 6 30 2014 12 31,,

中石化炼化 109 29 6 30 2014 12 31-1.00 (1) 2,967,200,000 2,967,200 2,967,200,000 2,967,200-1.00 H 1,460,800,000 1,460,800 1,460,800,000 1,460,800 4,428,000,000 4,428,000 4,428,000,000 4,428,000 (1) 2,967,200,000: (a) 2,907,856,000 ; (b) ( ) 59,344,000 30 (i),,, 10% 50%, ( ),, 25% (ii),, () (iii),,, (iv),3.9 (v),3.4

110 中石化炼化 31 (a) 17% 22% ( 15(a)) : 6 30 2014 292,344 285,458 (b) 2012 12 31,, : 6 30 : (i) ( ): 6 30 2014 12 31 3.20% 3.50% 3.70% 3.70% 2.90% 3.40% (ii) ( ): 6 30 2014 12 31 2.60% 2.70% 2.30% 2.20% 2.20% 3.00% (iii) : 6 30 2014 12 31 4.9 5.0 9.6 9.7 3.0 3.1

中石化炼化 111 31 ( ) (b) ( ) 0.5%( ) : 6 30 ( ) (116,599) 116,599 117,634 (117,634) 2014 12 31 ( ) (118,254) 118,254 119,424 (119,424), (iv) : (v),

112 中石化炼化 31 ( ) (b) ( ) : 2014 6 30 : 1,323 1,323 2,357 50,134 2,146 54,637 2,357 50,134 3,469 55,960 2,261 142,355 144,616 2,261 142,355 144,616 4,618 192,489 3,469 200,576 6 30 : 2,329 2,329 1,752 42,284 1,495 45,531 1,752 42,284 3,824 47,860 1,031 22,613 23,644 1,031 22,613 23,644 2,783 64,897 3,824 71,504,,,,,,

中石化炼化 113 31 ( ) (b) ( ), : 6 30 2014 12 31 2,488,801 2,529,913 : 2014 1 1 110,240 2,178,219 108,095 2,396,554 1,323 1,323 2,357 50,134 2,146 54,637 : 2,261 142,355 144,616 (11,033) (89,726) (16,549) (117,308) 2014 6 30 103,825 2,280,982 95,015 2,479,822 1 1 104,694 2,329,278 95,941 2,529,913 2,329 2,329 1,752 42,284 1,495 45,531 : 1,031 22,613 23,644 (9,343) (87,267) (16,006) (112,616) 6 30 98,134 2,306,908 83,759 2,488,801,

114 中石化炼化 32 6 30 2014 302,094 329,890 (20,163) 1,828 (51) (631) 281,880 331,087 2007 2009,, 2014 6 30, 33 6 30 2014 12 31-297,344 280,682-1,160 1,240-11,879,642 11,990,753 12,178,146 12,272,675 983,815 14,463 13,161,961 12,287,138 6 30 2014 12 31 : 6 30 2014 12 31 9,579,006 8,726,897 2,101,901 2,154,331 1,011,821 933,501 469,233 472,409 13,161,961 12,287,138

中石化炼化 115 33 ( ) : 6 30 2014 12 31 12,571,371 11,566,695 123,140 169,962 1,396 1,515 55,392 59,554 410,481 488,536 181 876 13,161,961 12,287,138 34 6 30 2014 12 31 : - 302,809 478,484-53,738 276,290-676 - 7,132,952 6,126,705 57,136 51,138 148,665 268,078 120,342 111,795 149,383 120,079 66,056 66,122 43,270 64,026 (1) 1,088 (1) 71 297,812 263,519 8,372,839 7,827,395 (1) 6 30 2014 12 31

116 中石化炼化 35 : : 6 30 2014 12 31 665,804 654,489 (31,212) (32,064) 634,592 622,425 : 6 30 2014 622,425 655,809-258 4,600 32,943 ( 12) 7,567 4,937 634,592 693,947,2014 6 30 ( ): 2014 1 1 13,359 539,415 91,816 48,783 693,373 ( ) : (14,142) 18,033 409 4,300 32,943 32,943 2014 6 30 13,359 558,216 109,849 49,192 730,616 1 1 495,468 112,741 46,280 654,489 ( ) : (13,093) 22,802 (2,994) 6,715 4,600 4,600 6 30 486,975 135,543 43,286 665,804

中石化炼化 117 35 ( ) 2014 1 1 33,769 3,795 37,564 ( ): (637) (637) (258) (258) 2014 6 30 33,132 3,537 36,669 1 1 32,064 32,064 ( ): (852) (852) 6 30 31,212 31,212,, : 6 30 2014 12 31 124,503 182,946, 36 (a) 6 30 2014 12 31 : 6 30 2014 12 31-81,290 92,397

118 中石化炼化 36 ( ) (b) : 6 30 2014 12 31 64,932 37,601 52,446 30,954 38,294 40,031 155,672 108,586 37 6 30 2014 2,118,858 2,484,611 : 154,583 84,526 (6) 231,104 224,181 46,601 45,995 30,759 30,912 (554) (295) (238,615) (301,042) 47,570 55,589 (773) (12,353) ( ) 265 (1,314) (5,607) (5,518) 2,384,185 2,605,292 : - (69,427) (9,936) - 515,523 (1,813,702) - (2,883,430) (182,480) - 1,338,750 (544,411) - (7,125) (17,228) 1,278,476 37,535

中石化炼化 119 38,, ( 32), 39, ( ) 24, ( ),,,,, ( ) 2014 6 30,6 30 2014 12 31

120 中石化炼化 39 ( ) (a) : 6 30 2014-770,479 1,026,586-3,739,866 621,412-4,822,998 7,056,587-47,367 14,752 9,380,710 8,719,337-649,277 379,826-3,441 652,718 379,826-43,183 22,208-12,830 56,013 22,208-198,005 176,262-2,039 952 10,428 37,630 6 30 2014 12 31 4,279,891 4,041,199 6 30 2014 12 31-99,556 191,243,PETRONASRAPID( 13.29 ), PETRONAS,

中石化炼化 121 39 ( ) (a) :( ) 14A, : - ; -; -; -,,, 25,, (b) () : 6 30 2014 1,555 1,608 4,871 5,785 526 434 6,952 7,827

122 中石化炼化 40 6 30 2014 12 31, : 500,000 100% 500,000 100% 200,000 100% 300,000 100% 556,005 100% 350,000 100% 350,000 100% 350,000 100% 50,000 100% 10,000 100% 500,000 100% ( ) ( ) ( ) 3,356 (18,000,000) 2,560 (500,000) 3,075 (500,000 ) 100% 100% 100% 7,000 100% 5,100 100% 1,700 100% 165(20,000 ) 100% 3,000 100% 1,000 100%

中石化炼化 123 40 ( ) 6 30 2014 12 31, :( ) 100,000 100% 10,000 100% 5,000 100% 35,000 100% 5,000 100% 5,000 100% 8,046 100% 470 100% 5,000 100% 3,000 100% 50,000 100% 133,640 100% 60,000 100% 60,000 97%

124 中石化炼化 8 31 ( ), : a) ; b) 6 30 ; c) ( ), 8 28,,