Ensuring Tax
Compliance with
Integrity
Ensuring tax compliance is not only a legal obligation but also a core part of a corporate's commitment to fulfilling social responsibilities. Sinopec has strictly adhered to national tax laws, regulations, and policies, diligently fulfilling its tax obligations and striving to be a model of tax integrity. The Company has also updated the Sinopec Tax Management Measures and improved its internal tax control systems, making continued efforts to ensure legal compliance and integrity in its tax practices while proactively mitigating risks of tax-related violations. In 2024, the Company contributed CNY 345 billion in taxes and fees, helping to fund key sectors vital to the national economy and people's livelihoods, including infrastructure, education, healthcare, and social security. These contributions have played a significant role in promoting economic and social progress and enhancing public well-being.

