China National Petroleum Corporation -- Moody's assigns first-time Aa3 rating to Sinopec Corp (Simplified Chinese translation)
/nwsys/www/images/PBC_147230 ??? ??? – ????? ????? Moody’s Investors Service Singapore Pte. Ltd. 50 Raffles Place #23-06 Singapore Land Tower Singapore 48623 Singapore ???? (??):852.3758.1350 ???? (??):65.6398.8308 ??? ?????– ???? ????? ???? (??):852.3758.1350 ???? (??):852.3551.3077 ??????: Moody’s Investors Service Singapore Pte. Ltd. 50 Raffles Place #23-06 Singapore Land Tower Singapore 48623 Singapore ???? (??):852.3758.1350 ???? (??):65.6398.8308 ??? ????????? 1 ???????????? Aa3 ?? (?????????????????,???????) ???, 2012 ? 11 ? 9 ?—???????????????????? ???(?????)???? Aa3 ?????? ???????? ???? ????? /?????????:“?????? Aa3 ????????? ??: (1) ?????????? A3 ??????;?(2) 3 ?????? ??,?????????????????????????? (??? ?? )?????????????” ????????????????(?????, Aa3,??)???? ??, 2011 ????????????? 90%,????????? 58%? ??????:“??????????????: (1) ???????? ????????; (2) ???????????;(3) ????????? ??????????????; (4) ???????????????? ????????;? (5) ????????????????”???? ?????????????????? ???????????????????????????????? ???????????? 3-5 ????????,?????????? ????????? ????? /????????????????????????:“? ? 5 ?,?????????????????,?????????? ????????????” ????????? 2 2012 ?? 2015 ?,???????????????? 1700 ???? ?,?????????????????,???????????? ???? ????,??????????????????????????? ??? ??,???????????????? A3 ????,???? 2-3 ? ?????? /????? 40%??,?????(RCF)/?????? 30%- 35%??? ??????,????????????????????,???? ???????????,?????????? (E&P)???????? ?????? ?????,??????????????,??????????? ???????,??????????????????????? ??,????????????????????,???????? ?????????? ????????????????: (1)?????????????? ????????; (2) ?????????????????? 76%? ?,????????????;? (3)???????????? ???????????????????????????????? ????? ???????,???????: (1)??????????????? ???;? (2)????????????????????????,? ?????????????,?????????????????? ????????????????,?????????????,? ??????????????????????????,????? ??????????????? ????????? 3 ????,?????????????????????,? /???? ?????????,????????????,????????? ?????????? ????,???????,??????????????????? ?: (1) ???????????;(2) ?????????????,?? ??????????????????;? (3)??????????? ?????????,??????????? ?????????????????:????? /???????? 45%,??????(RCF)/????????? 25%-30%? ???????????,? /??????????,???????? ????????????????? ?????????????????????«?????????? ??????»( Global Integrated Oil & Gas Industry Methodology)(2009 ? 11 ?)?????????????,??? www.moodys.com ??? ???? ????????????? 76.28%,??????????????? ??,??????????????? ????????????,????????????????(?? ?)???????????????,?????????????? ????????,??????????? 58.4 ?????,???? 5.67 ?????,????????? 2.49 ??????? 2011 ???? ?? 4,050 ???? ?????????????????,??: +86(10)6319-6560? ???? ???????????????????????????????, ???????????(??: One Canada Square, Canary Wharf, London E 14 5FA, UK)???????????? Regulation (EC) No 1060/2009 ? ????????? 4 3 ?? 4 ?????? ?????????????????????? ???????????,??? www.moodys.com? ??????????????????????,????????? ????????????????????(?????????,? ???????????)???????????????????? ???????,???????????????????????? ??,????????????????????????????? ????????,?????????????????????? ?,??????????????????????,??????? ?,?????????????????????????????? ?????? www.moodys.com ???/?????????? ????????????????????,??????????? ???? ????????????????????:??????????? ???????????????????? ???????????????????????????????? ?????????? ???????????,???????????????????? ????,?????????????,??(???)?????? ????????????,??????????????????? ????????????? ?????????????,??? www.moodys.com ??????? (A) ?? MCO ?????( 5% ??)???,?(B) ?? MCO ???? ????????????????????,?? (C) ?? MIS ???? ???????????????? MCO ?? 5% ????????? ?,??? www.moodys.com ???????????????????? ??????( Moody’s Corporation)?????????,?????? ?????????? ???????????????????????????,??? www.moodys.com ?????????????????? ????????? 5 ???????????????,??? www.moodys.com ????/? ?????????? ???????????????????????????????? ??????,???????????,????????????? ???????????????????????????????? ?? www.moodys.com ??????? ??????????????????????????????,? ?? www.moodys.com? Moody’s Investors Service Singapore Pte. Ltd. 50 Raffles Place #23-06 Singapore Land Tower Singapore 48623 Singapore ???? (??):852.3758.1350 ???? (??):65.6398.8308 -?- ????????? 6 © 2012,?????????(Moody’s Investors Service, Inc.)?/??????????,?????“??” ( MOODY’S)?????,????? ????????? (“MIS”)???????????????????????????????????? ???????????,??????????????( “?????”)??????????????? ????????????????????????????????????????????????? ?????,?????????????????????????????????,??????:?? ????????????????????????????????????????????????? ???????????????????????,????????????????????????? ????????,???????????????????????????????????????? ????????????????,???????????????????????????????? ???????? ???????????? (?????????)??,??????????,????????????? ??????????????????????????????????????????????,?? ????????????????????????????????????????????????? ????????????????,?????? “???”???,?????????????????? ????,????????????????????????,?????????????,??(?? ?)??????????????????,???????????????????????????? ????????????,??( a)??????????????????????????????? ???????(???????)??????????(?????????????????????? ????????)???????????????????????,?( b)???????????? ??????????????(???????????),??????????,?????????? ??????????????????,?????????????????????????????? ??????????????????????(???)??????????????,??????? ????????????????????????????????????????????????? ????????????????????????????????????????????????? ?????????????????????????? ?? (????(MCO)?????????????)????,????????????(???????? ?????????????)?????????????????,????????????????? ?????????,?????? $1,500 ??? $2,500,000 ???????(MCO)???(MIS) ?????? ??,??? MIS ????????????MCO ??????????????? MIS ????????? ????????????? MCO ?? 5% ???????????????????,????????? ?????? www.moodys.com“???? — ???? — ?????????” ?????? ?????????????????????? Moody’s Investors Service Pty Limited ABN 61 003 399 657 ??, ???????????????,??? 336969????????? 2001 (Corporations Act 2001)? 761G ?? ?????????????????????????,?????????,???? ”????”,??? ?? ”????”????????,???????????????????? 2001 (Corporations Act 2001)? 761G ?????”????” ?????????? ???????, Moody’s Japan K.K.(“MJKK”)? 2010 ? 10 ? 1 ????????????? MJKK ????? ????????????????????????????????,??? “??”(MIS)????? “MJKK”??? MJKK ? Moody's Group Japan G.K.??????????????,? Moody's Group Japan G.K.?????? (MCO)???????? Moody’s Overseas Holdings Inc.????? ??????????????????????????,?????????????????????? ???????????????????????????????,????????????,???? ????????????? ????????? 7 ]]>


