Exhibit 99.2
Major Operating Data of the 2021 Financial Year
According to Rule 15 of the Guidelines of the Shanghai Stock Exchange for Self-regulatory Guidelines for Listed Companies No.3 - Industry Information Disclosure No.13 - Chemical Industry, Sinopec Shanghai Petrochemical Company Limited (the “Company”, together with its subsidiaries, the ‘‘Group’’) hereby announces the major operating data for the twelve months ended 31 December 2021 as follows:
| I. | Major operating data of the 2021 financial year |
Product | Production volume (10,000 tons) | Sales volume (10,000 tons) | Sales revenue (RMB1,000) | |||||||||
Petroleum products | ||||||||||||
Diesel | 338.80 | 338.10 | 18,584,344 | |||||||||
Gasoline | 339.64 | 340.23 | 24,910,586 | |||||||||
Jet Fuel note 1 | 118.45 | 99.57 | 3,684,176 | |||||||||
Intermediate petrochemicals | ||||||||||||
PX note 2 | 49.63 | 46.53 | 2,625,490 | |||||||||
Benzene note 1 | 30.67 | 29.99 | 1,841,914 | |||||||||
Ethylene Glycol note 2 | 15.07 | 4.14 | 192,735 | |||||||||
Ethylene Oxide | 33.56 | 32.78 | 2,222,021 | |||||||||
Ethylene note 2 | 71.28 | — | — | |||||||||
Resins and plastics | ||||||||||||
PE | 49.62 | 49.63 | 4,324,291 | |||||||||
PP | 45.59 | 42.26 | 3,660,279 | |||||||||
Polyester chips note 1 note 2 | 31.72 | 30.24 | 1,690,993 | |||||||||
Synthetic fibres | ||||||||||||
Acrylics | 7.10 | 7.32 | 1,161,474 | |||||||||
Polyester note 1 | 2.62 | 2.73 | 172,453 | |||||||||
Note 1: Sales volume excluded materials processed on a sub-contract basis.
Note 2: Part of the difference between the production volume and sales volume is for internal use.
The above data for sales volume and sales revenue does not include the data for the Group’s trading of petrochemical products.
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| II. | Change in prices of major products and raw materials in the 2021 financial year |
Unit: RMB/ton
Product | The average price in the 2021 financial year | The average price in the 2020 financial year | Change | |||||||||
Diesel | 5,497 | 4,035 | 36.21 | % | ||||||||
Gasoline | 7,322 | 5,953 | 22.99 | % | ||||||||
Jet Fuel | 3,700 | 2,754 | 34.33 | % | ||||||||
Ethylene | — | — | — | |||||||||
PX | 5,643 | 3,999 | 41.09 | % | ||||||||
Benzene | 6,141 | 3,383 | 81.52 | % | ||||||||
Ethylene Glycol | 4,651 | 3,573 | 30.16 | % | ||||||||
Ethylene Oxide | 6,778 | 6,121 | 10.74 | % | ||||||||
PE | 8,713 | 7,370 | 18.23 | % | ||||||||
PP | 8,660 | 7,755 | 11.68 | % | ||||||||
Polyester chips | 5,593 | 4,338 | 28.93 | % | ||||||||
Acrylics | 15,859 | 10,823 | 46.53 | % | ||||||||
Polyester | 6,322 | 5,611 | 12.68 | % | ||||||||
Raw material | The average processing cost in the 2021 financial year | The average processing cost in the 2020 financial year | Change | |||||||||
Crude oil | 3,232 | 2,380 | 35.81 | % | ||||||||
| III. | Miscellaneous |
The above-mentioned operating data was calculated based on the internal statistics of the Company and is intended to provide an overview of the production and operation of the Company to the investors on a timely basis. The operating data is unaudited and does not make any express or implied forecasts or guarantees in respect of the Company’s future operating conditions. Investors are advised to exercise caution when using such information.
| By Order of the Board |
| Sinopec Shanghai Petrochemical Company Limited |
| Liu Gang |
| Joint Company Secretary |
Shanghai, the PRC, 25 January 2022
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