Sinopec

Sinopec Capital is the corporate venture capital arm of the China Petrochemical Corporation (Sinopec Group), a major state-owned oil and gas enterprise based in Beijing, China. Established in 2018, the firm focuses on strategic emerging industries, aiming to empower investee enterprises and facilitate the transformation and sustainable development of the broader Sinopec Group. Its investment mandate spans critical sectors such as new energy, new materials, advanced manufacturing, big data, artificial intelligence, energy conservation, environmental protection, and high-end intelligent manufacturing.

The firm actively seeks out strategic investment opportunities through financial investment, aligning with the parent company's long-term vision. Sinopec Capital has demonstrated a strong commitment to the energy transition, notably launching a significant hydrogen energy-focused venture capital fund in May 2025. This fund, with an initial size of $690 million (RMB 5 billion), is managed by Sinopec Private Equity Fund Management, a wholly-owned subsidiary of Sinopec Capital, and targets early-stage ventures across the entire hydrogen value chain, including critical materials, essential equipment, and high-potential proprietary technologies.

Sinopec Capital's investment portfolio includes companies like Faurecia Hydrogen, Shihua Digital Technology, and Thinkre Group. The firm has also invested in companies such as Guofu Hydrogen Energy Equipment and Refire Group, and has made investments across manufacturing services, manufacturing technology, and supply chain software sectors. Its investment activities extend to companies in China, Thailand, and the United States.

While Sinopec Capital operates as the investment arm, the website provided, buysinopec.com, functions as an online store for Sinopec lubricants and related products, serving the United States market. This e-commerce platform offers a wide range of oil products, fluid products, and grease products, with warehouse and pickup locations across several U.S. states.