Core Viewpoint - The announcement details the profit distribution plan for China Petroleum & Chemical Corporation (Sinopec Shanghai Petrochemical Company Limited) for the fiscal year 2024, which was approved at the annual shareholders' meeting on June 11, 2025. The plan includes a cash dividend of RMB 0.02 per share, with a total distribution amounting to RMB 210,852,350, based on the adjusted total share capital after the cancellation of repurchased shares [1][2]. Distribution Plan - The cash dividend distribution is based on a total share capital of 10,542,617,500 shares after the cancellation of 36,264,000 H shares [2]. - The cash dividend of RMB 0.02 per share (including tax) will be distributed to shareholders registered by the equity registration date of July 23, 2025 [2][3]. - The distribution dates are as follows: equity registration date on July 23, 2025, last trading day on July 24, 2025, and ex-dividend date also on July 24, 2025 [2]. Taxation Policy - For individual shareholders holding A shares, the cash dividend will be subject to differentiated personal income tax policies based on the holding period. No tax will be withheld for shares held for one year or less, while different rates apply for shorter holding periods [3][6]. - Qualified Foreign Institutional Investors (QFII) will receive a net cash dividend of RMB 0.018 per share after a 10% withholding tax [5][6]. - Hong Kong market investors through the Shanghai-Hong Kong Stock Connect will also receive a net cash dividend of RMB 0.018 per share after the same withholding tax [6][7]. Implementation Method - The cash dividends for unrestricted circulating shares will be distributed through the China Securities Depository and Clearing Corporation Limited Shanghai Branch, with specific instructions for shareholders who have completed designated transactions [2][3]. - Shareholders who have not completed designated transactions will have their dividends held by the China Securities Depository and Clearing Corporation until the transactions are completed [2].

证券代码：600688 证券简称：上海石化 公告编号：2025-32 中国石化上海石油化工股份有限公司 2024年年度A 股利润分配实施公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/7/23 | － | 2025/7/24 | 2025/7/24 | 差异化分红送转： 否 每股分配比例 每股派发现金红利人民币0.02元（含税）。 扣税后每股现金红利：A 股个人股东和证券投资基金股东根据现行有效的税收政策实 行现金红利个人所得税差别化处理；合格境外机构投资者（QFII）股东为 0.018 元； 沪股通香港市场投资者为 0.018 元。 相关日期 1. 发放年度：2024年年度 2. 发放范围： 总股本由 10,578,881,500 股减少至10,542,617,500股。公司按照 2024 年度利润分配方案中的调 整原则，维持分配 ...

公司代码：600688 公司简称：上海石化 编号：临 2025-031 注 1：销量不包括来料加工业务。 注 2：产销量差距部分为内部自用。 以上销量和销售收入数据不包含本集团石油化工产品贸易数据。 二、2025 年上半年主要产品和原材料价格变动情况 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法 律责任。 中国石化上海石油化工股份有限公司（以下简称"本公司"，连 同其附属公司，"本集团"）根据上海证券交易所《上市公司自律监 管指引第 3 号——行业信息披露》之《第十三号-化工》第十五条的 相关规定，特将截至 2025 年 6 月 30 日止 6 个月主要经营数据公告如 下： 产品名称 产量（万吨） 销量（万吨） 销售收入 （人民币千元） 炼油产品 柴油 119.87 118.62 7,705,825 汽油 166.81 167.58 13,496,370 航空煤油 注 1 112.61 68.69 3,316,209 化工产品 对二甲苯 注 2 35.29 35.25 2,124,337 苯 注 1 17.48 17.43 1,03 ...

[Key Highlights](index=1&type=section&id=%E9%87%8D%E8%A6%81%E5%86%85%E5%AE%B9%E6%8F%90%E7%A4%BA) Sinopec Shanghai Petrochemical Company Limited anticipates a significant net loss for H1 2025, a reversal from the prior year's profit, primarily due to market and cost pressures - Sinopec Shanghai Petrochemical Company Limited expects a net loss attributable to shareholders of the parent company for the first half of 2025, estimated at approximately **RMB 418 million to RMB 511 million**[3](index=3&type=chunk)[5](index=5&type=chunk) - This projected loss contrasts sharply with the net profit of **RMB 27.912 million** in the same period last year (H1 2024)[3](index=3&type=chunk)[4](index=4&type=chunk) - The primary reasons for the projected loss include volatile downward crude oil prices, weak product market demand, and a narrowing price spread between refined products and raw material costs[6](index=6&type=chunk) [I. Performance Forecast for the Current Period](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%83%85%E5%86%B5) This section details the company's performance forecast for the first half of 2025, including the period covered, expected financial outcomes, and the unaudited nature of the data [1. Performance Forecast Period](index=1&type=section&id=1%E3%80%81%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%9C%9F%E9%97%B4) This performance forecast covers the period from January 1, 2025, to June 30, 2025 - The performance forecast period is from **January 1, 2025, to June 30, 2025**[3](index=3&type=chunk) [2. Details of Performance Forecast](index=1&type=section&id=2%E3%80%81%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%83%85%E5%86%B5) The company anticipates a net loss attributable to shareholders of the parent company of approximately RMB 418 million to RMB 511 million for H1 2025 2025 H1 Performance Forecast (Consolidated Statement) | Indicator | Estimated Amount (RMB) | | :--- | :--- | | Net Loss Attributable to Shareholders of the Parent Company | 418 Million - 511 Million | | Net Loss Attributable to Shareholders of the Parent Company After Deducting Non-Recurring Gains and Losses | 397 Million - 486 Million | [3. Unaudited Performance Statement](index=1&type=section&id=3%E3%80%81%E6%9C%AC%E6%AC%A1%E6%89%80%E9%A2%84%E8%AE%A1%E7%9A%84%E4%B8%9A%E7%BB%A9%E6%9C%AA%E7%BB%8F%E6%B3%A8%E5%86%8C%E4%BC%9A%E8%AE%A1%E5%B8%88%E5%AE%A1%E8%AE%A1%E6%88%96%E5%AE%A1%E9%98%85) The data disclosed in this performance forecast has not been audited or reviewed by a certified public accountant and represents preliminary estimates - The projected performance has not been audited or reviewed by a certified public accountant[3](index=3&type=chunk) [II. Performance in the Same Period Last Year](index=1&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8A%E5%B9%B4%E5%90%8C%E6%9C%9F%E4%B8%9A%E7%BB%A9%E6%83%85%E5%86%B5) This section provides a comparative overview of the company's financial performance for the first half of 2024 2024 H1 Performance (Consolidated Statement) | Indicator | Amount (Thousand RMB) | | :--- | :--- | | Net Profit Attributable to Shareholders of the Parent Company | 27,912 | | Net Profit Attributable to Shareholders of the Parent Company After Deducting Non-Recurring Gains and Losses | 61,305 | | Basic Earnings Per Share | 0.003 RMB/share | [III. Primary Reasons for the Projected Loss in the Current Period](index=2&type=section&id=%E4%B8%89%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E4%BA%8F%E7%9A%84%E4%B8%BB%E8%A6%81%E5%8E%9F%E5%9B%A0) The projected loss for the current period is primarily attributed to volatile crude oil prices, weak market demand, and narrowing profit margins for refined products - Crude oil prices generally continued a volatile downward trend in the first half of 2025[6](index=6&type=chunk) - Product market demand did not show significant improvement[6](index=6&type=chunk) - The price spread between the company's main refined chemical products and raw material costs narrowed, squeezing profit margins[6](index=6&type=chunk) [IV. Risk Warning](index=2&type=section&id=%E5%9B%9B%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) The company confirms the absence of major uncertainties that would significantly impact the accuracy of this performance forecast - The company has no significant uncertainties that would affect the accuracy of this performance forecast[7](index=7&type=chunk) [V. Other Explanatory Matters](index=2&type=section&id=%E4%BA%94%E3%80%81%E5%85%B6%E4%BB%96%E8%AF%B4%E6%98%8E%E4%BA%8B%E9%A1%B9) This section clarifies that the forecast data is preliminary and advises investors to exercise caution regarding investment risks - The data in this forecast is preliminary; the specific and accurate financial data will be subject to the company's officially disclosed 2025 semi-annual report[8](index=8&type=chunk) - The company reminds investors to be aware of investment risks[8](index=8&type=chunk)

Core Viewpoint - Shanghai Petrochemical (600688) expects a net loss attributable to shareholders of approximately RMB 418 million to 511 million in the first half of 2025, with a net loss of about RMB 397 million to 486 million after excluding non-recurring gains and losses [1] Group 1 - The company attributes the expected losses to a downward fluctuation in crude oil prices and a lack of significant improvement in product market demand [1] - The narrowing price gap between major refining products and raw material costs has pressured profit margins [1] - Detailed financial data will be disclosed in the company's semi-annual report for 2025 [1]

Group 1 - China Petroleum & Chemical Corporation (Sinopec) has applied for a patent related to resin compositions and their applications, indicating a focus on innovation in epoxy resin modification and preparation [1] - The patent application includes a resin composition that features components A and B, with specific chemical compositions aimed at enhancing flame resistance, heat resistance, and mechanical properties [1] - The resin composition contains phosphorus content of 0.3wt% to 0.7wt%, nitrogen content of 8wt% to 15wt%, and silicon content of 0.3wt% to 0.8wt%, showcasing a well-balanced formulation for performance [1] Group 2 - Sinopec was established in 2000 and is primarily engaged in oil and gas extraction, with a registered capital of approximately 12.17 billion RMB [2] - Sinopec has made investments in 263 companies and participated in 5000 bidding projects, indicating a strong market presence and operational scale [2] - Sinopec Shanghai Petrochemical Company, founded in 1993, focuses on oil, coal, and other fuel processing, with a registered capital of approximately 1.08 billion RMB and extensive administrative licenses [2]

Group 1 - The core viewpoint of the news is that China Petroleum & Chemical Corporation (Sinopec) has applied for a patent related to fiber composite materials and their preparation methods, which includes flame-retardant products [1] - The patent application was published under CN120248552A, with the application date being January 2024 [1] - The fiber composite material consists of 68-78wt% fiber, 21.8-32wt% resin, and 0.2-1wt% organic aerogel, indicating a focus on enhancing flame-retardant properties while maintaining mechanical performance [1] Group 2 - China Petroleum & Chemical Corporation was established in 2000 and is primarily engaged in oil and gas extraction, with a registered capital of approximately 12.17 billion RMB [2] - Sinopec has made investments in 263 companies and participated in 5000 bidding projects, holding 5000 patent records and 45 trademark records [2] - Sinopec Shanghai Petrochemical Company, established in 1993, focuses on oil, coal, and other fuel processing, with a registered capital of approximately 1.08 billion RMB and has invested in 21 companies [2]

FF305 Next Day Disclosure Return (Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares) Instrument: Equity issuer Status: New Submission Name of Issuer: Sinopec Shanqhai Petrochemical Company Limited 12 June 2025 Date Submitted: Section I must be completed by a listed issuer where has been a charge in its issued shares or teasury shares which is disoloseable pursuant to rule 13.25A of the Rules Gov .i.sting of Securities on The Stock Exchange ...

Meeting Overview - The 2024 Annual General Meeting (AGM) and the 2025 First A and H Shareholder Meetings were held on June 11, 2025, in Shanghai [1] - The total number of shares with voting rights present at the meeting was 10,542,617,500 shares, with A shares accounting for 5,578,827,842 shares and H shares for 3,006,228,524 shares [1] Voting Results - All resolutions presented at the AGM were approved, with A shares voting 99.7819% in favor and H shares voting 98.9255% in favor [2] - The total votes for the resolutions were 5,898,821,222 in favor and 15,822,754 against, resulting in an overall approval rate of 99.7325% [2] Dividend Declaration - The company declared a final dividend of HKD 0.0218 per H share, based on the average exchange rate of HKD 100 to RMB 91.61 [5] - The dividend payment period for H share transfers will be from June 26, 2025, to July 1, 2025, during which H share registration will be suspended [5] Payment Process - China Bank (Hong Kong) Limited was appointed as the payment agent for the H share dividends, which will be distributed to shareholders listed as of July 1, 2025 [6] - For investors through the Stock Connect program, dividends will be paid in RMB and processed through the relevant settlement systems [6] Legal Compliance - The meeting's procedures and voting results were confirmed to comply with relevant laws and company regulations, ensuring the validity of the resolutions passed [7]

Core Viewpoint - The company is navigating a challenging economic environment while focusing on safety, environmental protection, operational efficiency, transformation, and reform to achieve high-quality development and profitability [3][4][5]. Group 1: Operational Performance - The company processed a total of 13.35 million tons of crude oil in the reporting period, a decrease of 5.48% year-on-year, and produced 8.65 million tons of refined oil, down 0.19% [3]. - The average price of refined and chemical products decreased by 0.96% and increased by 6.67% respectively compared to the previous year [3]. - The total cost of crude oil processing decreased by 6.045 billion yuan, reflecting improved cost management [3]. Group 2: Safety and Environmental Initiatives - The company has implemented a comprehensive safety production responsibility system and enhanced risk prevention measures, resulting in stable production operations throughout the year [3][4]. - Environmental quality has improved, with the average concentration of VOCs at 65.14 micrograms per cubic meter, a decrease of 9.90% year-on-year [3]. Group 3: Strategic Development Goals - The company aims to become a "domestically leading, world-class" energy, chemical, and new materials company, focusing on low-cost upstream operations and high-value downstream products [6]. - The strategic plan includes transitioning from refining to chemicals, from chemicals to materials, and from materials to high-end products, while promoting ecological development [6]. Group 4: Future Financial Projections - For 2025, the company plans to process 13.1 million tons of crude oil and produce 8.39 million tons of refined oil, along with 622,200 tons of ethylene and 688,000 tons of paraxylene [6]. - The company will focus on enhancing safety management, optimizing production operations, driving innovation, and improving corporate governance to achieve its financial targets [6][7][8][9]. Group 5: Governance and Compliance - The board of directors has held multiple meetings to ensure compliance with regulations and effective decision-making, maintaining a governance structure that meets regulatory requirements [5][11]. - The supervisory board has conducted regular meetings to oversee the management's adherence to laws and regulations, ensuring the protection of shareholder interests [11][12]. Group 6: Profit Distribution Plan - The company plans to distribute cash dividends of 0.2 yuan per share, totaling approximately 211.58 million yuan, which represents 66.85% of the net profit attributable to shareholders for the year [26].