China Petroleum & Chemical Corporation provided earnings guidance for the first half of 2021. net profit attributable to equity shareholders for the first half of 2021 is estimated to be between RMB 36.5 billion and RMB 38.5 billion, representing a turnaround from loss to profit and an increase between RMB 59.4 billion and RMB 61.4 billion as compared with the corresponding period in 2020, and representing an estimated increase between 16.6% and 23.0% as compared with the corresponding period of 2019. The net profit attributable to equity shareholders of the Company excluding extraordinary gains and losses for the first half of 2021 is estimated to be between RMB 35.7 billion and RMB 37.7 billion, representing a turnaround from loss to profit and an increase between RMB 60.1 billion and RMB 62.1 billion as compared with the corresponding period in 2020, and representing an estimated increase between 17.0% and 23.6% as compared with the corresponding period of 2019.