Overview Key strengths Key risks Integral to Sinochem Holdings Corp. Ltd. as a direct extension of the group. Benefits from parent support for refinancing. Profitability and turnover pressure on Sinochem Hong Kong?s property development business amid the challenging real estate market in China. Sinochem Holdings has a very high likelihood of receiving extraordinary support from Chinese government, if needed. Sinochem Holdings? leverage to stay high in the following two years. Sinochem Holdings has global leading market positions in agrochemical, animal nutrition, and silicone material businesses. Sinochem Holdings' earnings susceptible to fluctuations of energy and chemical product prices. Sinochem Hong Kong's creditworthiness is linked to that of its parent. The company is a direct extension of Sinochem Holdings. It is fully
