HONG KONG (AFX-ASIA) – China Petroleum & Chemical Corp (Sinopec) vice chairman Chen Tonghai said the average cost for acquiring the 663 retail stations from its parent company Sinopec Group Co was 1.55 million yuan each. (US$1=8.28 yuan). “The average cost was about 1.55 mln yuan each for the gasoline stations,” he told a teleconference….

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