| CEO Name | Ma Yongsheng |
| Nationality | China |
| Net Worth Estimation | $5 million |
Ma Yongsheng, the current CEO of Sinopec (China Petroleum & Chemical Corporation), has an estimated net worth of around $5 million primarily from cumulative executive compensation, performance bonuses, and state-approved incentives, given that Sinopec is a state-owned enterprise with regulated executive pay. His wealth doesn't reflect private shareholding, as leadership in most Chinese SOEs holds little to no equity stake.
Ma Yongsheng, CEO of Sinopec, has an estimated net worth of $5,000,000, which represents about 5.56% of the maximum estimated CEO net worth ($90,000,000) in the manufacturing sector. His net worth is significantly above the minimum estimation of $0 USD.
Business Category: Manufacturing
Minimum Net Worth (estimation): 0 USD
Maximum Net Worth (estimation): 90000000 USD
Ma Yongsheng Performance in Sinopec (China Petroleum & Chemical Corporation)
Ma Yongsheng, CEO of Sinopec, drives strategic leadership focused on energy innovation and sustainable growth. His decision-making emphasizes digital transformation and green energy investments, aligning Sinopec with China's carbon neutrality goals. Under his leadership, Sinopec has strengthened operational efficiency and market competitiveness, reinforcing its position as a global energy leader.
Latest News
Sinopec Strengthens Global Energy Leadership with New Partnerships and CEO Updates
Sinopec, chaired by Hou Qijun and with Zhao Dong as CEO, is advancing its role in clean energy and petrochemicals through strategic ventures including a joint refinery with Aramco in Fujian and collaboration with LG Chem on sodium-ion batteries to enhance energy storage. These initiatives highlight Sinopec's commitment to sustainable development and energy transition, targeting operations scaling by 2030 and leading new energy materials markets globally.
Source: http://china.aramco.com/en/news-media/china-news/2025/aramco-sinopec-and-fpcl-form-joint-venture-to-develop-large-scale-refining-and-petrochemical-complex