CNPC provides a wide range of financial services, including in-house banking, banking, financial leasing, trust, insurance, insurance brokerage and securities etc.

In 2017, our financial service arm CNPC Capital was publicly listed after restructuring. In 2021, the Company optimized its business structure and made capital and finance one of its four business groups, aiming to shore up brand building for petroleum-finance services and support the Company’s high-quality development.

Using the Company’s professional platform, capital & finance business implemented the “dual-driver” approach to market services and industry-finance integration. In line with the trends of industry finance, efforts were made to strengthen the alignment of financial services with production needs and collaboration between financial institutions and tap into green finance and new energies business, in a bid to expand external markets and enhance market competitiveness and brand influence.

CNPC Capital made it to the 2021 Top 100 Listed Companies in China and received again the Top 100 Chinese Enterprises Award and China Ethical Enterprise Award. In 2021, Kunlun Capital, an industrial capital investment company founded with an investment of RMB 10 billion, was established successfully and have set up its first green and low-carbon innovation fund.