| CEO Name | Hou Qijun |
| Nationality | China |
| Net Worth Estimation | $2 million |
Hou Qijun's estimated net worth of around $2 million is primarily attributed to his salary and benefits as CEO of China National Petroleum Corporation, a state-owned company where executive compensation is tightly regulated by the Chinese government. Unlike private sector counterparts, Chinese SOE executives generally have modest personal wealth due to government-imposed salary caps and limited equity incentives.
Hou Qijun, CEO of China National Petroleum Corporation, has an estimated net worth of $2,000,000, which is 0.25% of the maximum and 100% above the minimum CEO net worth in the energy sector. His net worth places him at the very low end relative to the sector's highest estimate of $800,000,000.
Business Category: Energy
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 800000000 USD
Hou Qijun Performance in China National Petroleum Corporation
Hou Qijun, CEO of China National Petroleum Corporation (CNPC), exhibits strategic leadership by driving innovation and expanding global operations. His decision-making emphasizes sustainable energy development and optimizing resource allocation to boost efficiency. Under his guidance, CNPC has strengthened its market position and enhanced overall corporate performance through targeted investments and improved operational resilience.
Latest News
China National Petroleum Corporation Advances Green Energy and Digital Transformation
CNPC, led by CEO Hou Qijun, is accelerating its shift toward renewables and AI-driven operations, aiming for one-third of its portfolio in oil, gas, and new energies by 2035, with half in new energies by 2050. The company is also expanding its global footprint, including recent projects in Iraq and Turkmenistan, while leveraging digital technology to boost efficiency and sustainability.
Source: http://www.energyconnects.com/opinion/features/2025/november/china-s-cnpc-eyes-a-solar-future-powered-by-ai/