Major Operating Data of the 2022 First Quarter

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 three months ended 31 March 2022 as follows:

I.

Major operating data of the 2022 first quarter

Product

Production volume
(10,000 tons)		 Sales volume
(10,000 tons)		 Sales revenue
(RMB1,000)

Petroleum products

Diesel

 90.66 88.64 6,057,247

Gasoline

 90.09 89.70 7,627,943

Jet Fuel note 1

 25.56 17.79 904,358

Intermediate petrochemicals

PXnote 2

 17.33 17.22 1,202,247

Benzene note 1

 9.43 8.56 579,950

Ethylene Glycol note 2

 2.92 1.58 73,354

Ethylene Oxide

 10.56 10.40 682,919

Ethylene note 2

 20.00 - -

Resins and plastics

PE

 12.63 11.35 1,051,318

PP

 11.78 10.72 886,202

Polyester chips note 1 note 2

 3.77 3.79 244,326

Synthetic fibres

Acrylics

 0.60 0.63 105,759

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 2022 first quarter

Unit: RMB/ton

Product

The average price
in the 2022 first
quarter		 The average
price in the 2021
first quarter		 Year - on
year Change		 Compare
with the 4th
quarter of
2021

Diesel

 6,834 4,584 49.06 % 7.19 %

Gasoline

 8,503 6,681 27.28 % 9.19 %

Jet Fuel

 5,085 3,136 62.12 % 17.64 %

Ethylene

 - - - -

PX

 6,984 4,877 43.18 % 21.52 %

Benzene

 6,778 4,634 46.26 % 4.61 %

Ethylene Glycol

 4,642 4,678 -0.78 % -0.01 %

Ethylene Oxide

 6,569 6,572 -0.05 % -8.66 %

PE

 9,264 8,562 8.19 % -0.15 %

PP

 8,269 8,881 -6.89 % -1.81 %

Polyester chips

 6,450 5,118 26.01 % 7.72 %

Acrylics

 16,908 15,203 11.21 % -1.39 %

Raw material

The average
processing cost in
the 2022 first
quarter		 The average
processing cost
in the 2021 first
quarter		 Year - on
year Change		 Compare
with the 4th
quarter of
2021

Crude oil

 4,240 2,720 55.90 % 13.94 %
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, 11 April 2022

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Sinopec Shanghai Petrochemical Company Limited published this content on 19 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 April 2022 10:13:05 UTC.