Core Points - The board of directors of China Petroleum & Chemical Corporation Shanghai Petrochemical Company Limited held its 18th meeting of the 11th session on July 23, 2025, with all 10 directors present, ensuring compliance with relevant laws and regulations [1][2] - The board approved the establishment of an independent director committee, consisting of five members [1] - The board appointed Shenwan Hongyuan Financing (Hong Kong) Limited as the independent financial advisor for the independent director committee [2] - The company plans to sign a continuous related transaction framework agreement with Sinopec Group and Sinopec Limited to ensure normal operations, as existing agreements will expire on December 31, 2025 [2] - The board also approved the "Shanghai Petrochemical Investment Management Measures" [2]

中国石化上海石油化工股份有限公司（"本公司"或"公司"） 第十一届董事会（"董事会"）第十八次会议（"会议"）于 2025 年 7 月 23 日以通讯方式召开，会议通知已按规定提前以书面方式送 达予各位董事。应到董事 10 位，实到董事 10 位。本公司监事会成 员和高级管理人员列席了会议。会议的召开符合《中华人民共和国 公司法》及《中国石化上海石油化工股份有限公司章程》的相关规 定。会议由董事长郭晓军先生主持，董事会讨论并通过了如下决议： 决议一 以 10 票同意、0 票反对、0 票弃权审议通过成立公司独 立董事委员会的议案。独立董事委员会由唐松先生、陈海峰先生、 杨钧先生、周颖女士、黄江东先生组成。 决议二 以 10 票同意、0 票反对、0 票弃权审议通过聘任申万宏 源融资（香港）有限公司担任独立董事委员会的独立财务顾问的议 案。本公司于 2022 年 11 月 28 日与中石化集团及中石化股份签订了 现有的产品互供及销售服务框架协议和现有的综合服务框架协议， 现有的框架协议将于 2025 年 12 月 31 日届满，为确保本公司的正常 运作不受影响，本公司计划与中石化集团及中石化股份签署相关持 续关连交 ...

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 ...