Taxes play a vital role in supporting economic development, improving people's wellbeing, and maintaining social stability. Sinopec strictly adheres to all applicable tax policies and regulations, ensuring compliance and integrity in its tax practices. In 2023, the Company contributed RMB 349.5 billion in taxes and fees, contributing to the development of public services in areas such as national defense, science, education, culture, and healthcare, promoting national economic development and social stability, and serving the broader goal of achieving common prosperity.