China Petroleum & Chemical Corporation (Sinopec), the leading energy and chemical company in China, has been named the top brand in China's energy and chemical industry in terms of brand value. The announcement was made at China Brand Day 2020, where Sinopec's brand value was revealed to have reached RMB 299.1 billion, representing an increase of RMB 17.3 billion compared to the previous year. This makes Sinopec the most valuable brand in China's energy and chemical industry and the second most valuable brand in the country overall.