The fourth Chinese Charity Assembly sponsored by the Ministry of Civil Affairs was recently held in Beijing. Sinochem Corporation, among other 335 individuals, companies, institutions and projects were granted the Chinese Charity Award of the Year 2008.
In 2008 when China was hit hard by a severe snow storm in the Southern part and a tragic earthquake in Sichuan, Sinochem saw to safeguard its operations in the disaster stricken areas while played an active role in the activities for the public good. We made donations by various means and boldly took up the social responsibility of a central state-owned enterprise. After the two natural catastrophes, Sinochem donated the cash and the materials with an accumulative value of over RMB52 million. Meanwhile, the group as well as its subsidiaries initiated a series of activities including the charity bazaars, donation of the clothes and quilts, as well as the donations of the schools with a consistent care for the reconstruction of the disaster stricken areas. Nevertheless, we never ceased our efforts to alleviate poverty and continued to provide aids.