Experts from the national development and Reform C

2022-08-16
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Experts from the national development and Reform Commission said that Sinopec is the most disadvantaged enterprise, and its welfare treatment is very low compared with that of the international community

China news, September 2 (Luowei) - Sinopec's semi annual report shows that after the reform of the refined oil price mechanism, Sinopec's profit soared by 333%, and its net profit increased to 33.2 billion yuan. Many friends questioned whether Sinopec has earned monopoly profits and whether the price adjustment mechanism of refined oil has brought huge profits to Sinopec? To this end, Zhou Dadi, the former smiling serviceman and director of the Energy Research Institute of the national development and Reform Commission, and Jiang Xinmin, the assistant director of the Energy Research Institute of the national development and Reform Commission, both told China news that the price adjustment mechanism of refined oil has not brought huge profits to Sinopec. In fact, Sinopec is still the "most at a loss" enterprise, bearing a considerable amount of social burden. Generally, when encountering problems, it can always be used in the face of difficulties. At the same time, compared with similar international enterprises, Sinopec's welfare treatment is very low

has Sinopec made huge profits in the price adjustment mechanism of refined oil? Zhou Dadi and Jiang Xinmin unanimously denied this view

Jiang Xinmin said that the price adjustment mechanism of refined oil actually compressed Sinopec's profits. The national development and Reform Commission has adjusted the price of refined oil for many times, and the increase is mostly lower than that of international oil prices. Moreover, the price of refined oil announced by the national development and Reform Commission is a guide price, which is the online price of oil. All regions can change the price according to the supply and demand of the market, but the price must not exceed the price announced by the national development and Reform Commission. In fact, the international crude oil price has not been truly reflected, which has compressed the profit space of Sinopec, and Sinopec still bears a lot of social responsibilities

Zhou Dadi also believes that compared with similar international enterprises, Sinopec's wages and benefits are not high. Not only the wages of front-line oilfield workers are only 1000 or 2000 yuan, but also the wages of the general manager and chairman are not high. Internationally, oil enterprises belong to high investment, high-risk and high-yield projects. Compared with state-owned oil giants, Sinopec's profit soared by 333%, but its profit margin is still very low because of its excellent strength, overall mechanical performance and good cost control of mass production

Both Zhou Dadi and Jiang Xinmin believe that Sinopec has spent a large part of its profits on reproduction, reducing the income and treatment of employees. The state and the public should also support the development of Sinopec and make it an upstream enterprise with a place in the world. Only in this way can we increase the supply of domestic crude oil, increase China's control over crude oil prices, and increase the stability of domestic crude oil prices

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