EE305 Next Day Disclosure Return (Equity issuer - changes in issued shares or treasury shares, share buybacks and/or on-market sales of treasury shares) Page 1 of 21 v 1.3.0 FF305 □ Not applicable + HKD 4 09 | | | B. Shares redeemed or repurchased for cancellation but not yet cancelled as at the closing balance date (Notes 5 and 6) | | _ Not applicable | | | --- | --- | --- | --- | --- | --- | | 1). | Shares repurchased for cancellation but not yet cancelled | 5,410,000 | 0.02 % | HKD | 4 09 | | | Date of c ...

Core Viewpoint - The event "Searching for Sino-Arab Youth Cultural Ambassadors" held by Sinopec in Algeria serves as a significant platform for cultural exchange between China and Algeria, reinforcing the "Youth Talent" initiative under the framework of the China-Arab Cooperation Forum [1][3]. Group 1: Event Overview - The event took place in Algiers on November 10, showcasing the importance of youth perspectives in narrating Sino-Arab cooperation stories [1]. - A total of 165 entries were received for the competition, with 30 advancing to the semi-finals and 15 reaching the final presentation stage, ultimately resulting in 5 winners being named "Sino-Arab Youth Cultural Ambassadors" [3]. Group 2: Cultural Significance - The Algerian Minister of Culture and Arts emphasized the profound impact of Confucian philosophy on her youth and expressed hope that young people from both countries would act as cultural ambassadors to strengthen ties [3]. - The event highlighted the diversity and charm of Sino-Arab cultures, showcasing Sinopec's active contribution to promoting mutual understanding and cultural exchange [4]. Group 3: Sinopec's Role - Sinopec's Africa representative noted the company's commitment to sustainable development and its efforts in promoting energy cooperation alongside cultural exchanges [4][5]. - The company has been involved in energy cooperation in Algeria for 23 years, focusing on local project operations, job creation, and skills training while supporting youth cultural exchanges [5].

格隆汇11月11日丨中国石油化工股份(00386.HK)发布公告，2025年11月11日耗资1861.28万港元回购 425.6万股，回购价格每股4.34-4.41港元。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 公司名稱： 中國石油化工股份有限公司 呈交日期： 2025年11月11日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 H | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 00386 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | 事件 | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | 每股發行/出售價 (註4) | 已發行股份總數 | | | | 佔有關事件前的現有已發 已發行股份（不包括庫存股份）數 行股份（不包括 ...

Core Insights - Luoyang Petrochemical, a subsidiary of Sinopec, has shut down its two crude oil units for maintenance until the end of November [1] Company Summary - The maintenance closure affects the operations of Luoyang Petrochemical, which is part of the larger Sinopec refining network [1] - The duration of the maintenance is expected to last until the end of November, indicating a significant operational pause for the company [1] Industry Summary - The closure of crude oil units at a major refinery like Luoyang Petrochemical may impact crude oil supply dynamics in the region [1] - Maintenance activities are common in the refining industry, but extended shutdowns can lead to fluctuations in market supply and pricing [1]

Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) has made significant strides in enhancing energy supply capabilities and achieving high-quality energy development during the 14th Five-Year Plan period, focusing on deep oil and gas exploration, production capacity expansion, and international cooperation [2][3][4]. Group 1: Energy Supply and Production Capacity - Sinopec has achieved record-high oil and gas production, with notable projects such as the revival of the Fuxing Oilfield, which has proven geological reserves of 20.1 million tons of oil and 12.352 billion cubic meters of natural gas [3]. - The company has strengthened its ability to develop difficult-to-extract reserves and improve recovery rates, leading to a steady increase in crude oil production and a significant rise in natural gas output during the 14th Five-Year Plan [4]. - Sinopec has enhanced its gas storage and regulation capabilities, commissioning 16 gas storage facilities and several LNG tanks over the past five years [4]. Group 2: International Cooperation and Market Expansion - Sinopec has actively participated in the Belt and Road Initiative, establishing oil and gas production bases in countries like Egypt, Angola, and Kazakhstan, and executing numerous exploration and engineering projects [5]. - The company has signed integrated cooperation agreements with Qatar Energy for the North Field expansion project, further solidifying its international partnerships [5]. Group 3: Green Energy Transition - Sinopec has accelerated the development of green energy sources, including hydrogen, solar, and geothermal energy, aiming to transform into a comprehensive energy service provider [6][7]. - The company has launched a large-scale green hydrogen demonstration project in Xinjiang, contributing to carbon reduction efforts [6]. - Sinopec has become the largest geothermal energy company in China, with a clean heating capacity exceeding 12 million square meters [7]. Group 4: Technological Innovation and Digitalization - Sinopec has focused on advancing key technologies and equipment for oil and gas exploration and development, achieving breakthroughs in deep earth exploration and shale oil production [9][10]. - The company has established an industrial IoT system covering all oil and gas fields, enhancing decision-making capabilities through digitalization [10]. - Sinopec's efforts in carbon capture, utilization, and storage (CCUS) technology have led to the successful operation of a million-ton CCUS demonstration project, integrating carbon capture with enhanced oil recovery [8].

Core Insights - The 41st Abu Dhabi International Petroleum Exhibition recently concluded, focusing on energy transition, smart technology applications, and enhancing industry influence [1] - The event attracted over 2,250 companies and surpassed 200,000 attendees, establishing itself as a significant platform for global energy industry collaboration [1] - The UAE aims to explore a development path that harmonizes economic growth with environmental protection through continuous investment in advanced technology and clean energy [1] Group 1: AI and Technology in Energy - The deep application of artificial intelligence (AI) in the energy sector was a highlight, showcasing its role in optimizing energy systems and enhancing efficiency [1] - The CEO of Abu Dhabi National Oil Company reported that AI has improved production forecasting accuracy to 90%, aiming to become the most AI-integrated energy company globally [1] - A team from Mohammed bin Zayed University of Artificial Intelligence presented autonomous inspection robots and smart cooling systems, emphasizing AI's transition from a tool to a new infrastructure for industry advancement [2] Group 2: Global Participation and Innovations - Chinese companies showcased their innovations, with China National Petroleum demonstrating the Kunlun model, the largest AI system in the energy sector, achieving full-chain intelligent upgrades [2] - China National Offshore Oil Corporation displayed its advanced exploration equipment and intelligent oil fields, highlighting China's leadership in deep-water development and digital transformation [2] - The International Energy Agency noted that the integration of AI with the energy industry is an irreversible trend, enhancing energy allocation and reducing emissions costs [3]

Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) is committed to enhancing energy supply capabilities and achieving high-quality energy development during the 14th Five-Year Plan period, focusing on oil and gas exploration, production, and green energy transition [3][4][5]. Group 1: Oil and Gas Exploration and Production - Sinopec has made significant advancements in oil and gas exploration, including the initiation of "Deep Earth Engineering" in the northwest and the establishment of a national-level shale oil demonstration zone in the Bohai Sea, leading to record-high oil and gas production [3][4]. - The company has successfully identified geological reserves of 20.1 million tons of oil and 12.352 billion cubic meters of natural gas in the Sichuan Basin, marking the birth of the first shale oil field in the region [4]. - Oil production has steadily increased, with shale oil production nearing 1 million tons annually and the Shunbei oil and gas field achieving an annual production capacity of 3 million tons of oil equivalent [5]. Group 2: Natural Gas Development - Natural gas production has seen rapid growth, with Sinopec focusing on efficient development of various gas types, including acidic gas, tight gas, and shale gas [5]. - The company has enhanced its gas storage and regulation capabilities by commissioning 16 gas storage facilities and several LNG tanks over the past five years [5]. Group 3: International Cooperation and Market Expansion - Sinopec has actively engaged in international energy cooperation, establishing oil and gas production bases in countries such as Egypt, Angola, and Kazakhstan, and executing numerous projects along the Belt and Road Initiative [6]. - The company has signed integrated cooperation agreements with Qatar Energy for the North Field expansion project, further solidifying its international presence [6]. Group 4: Green Energy Transition - Sinopec is advancing the development of green energy sources, including hydrogen, solar, and geothermal energy, aiming to become a comprehensive energy service provider [7][8]. - The company has established itself as the largest hydrogen production enterprise in China, with 11 hydrogen supply centers and 144 hydrogen refueling stations [8]. Group 5: Technological Innovation and Digitalization - Sinopec is focusing on technological advancements in oil and gas exploration, including the development of key technologies and equipment for deep earth exploration [10][11]. - The company has implemented a digital and intelligent upgrade strategy, establishing an industrial IoT system across all oil and gas fields and enhancing decision-making support systems [11].

Summary of Key Points Core Viewpoint - Multiple companies conducted share buybacks on November 10, 2025, with China Feihe (06186) leading in both the number of shares repurchased and the total amount spent [1][2]. Group 1: Buyback Details - China Feihe (06186) repurchased 9.753 million shares for a total of 43.2831 million yuan, representing 0.919% of its total share capital [2]. - China Merchants Industry Holdings (01919) repurchased 3 million shares for 42.5626 million yuan, accounting for 0.562% of its total share capital [2]. - Sinopec Limited (00386) repurchased 4.072 million shares for 17.7963 million yuan, which is 0.110% of its total share capital [2]. Group 2: Other Notable Buybacks - Yimai Sunshine (N23020) repurchased 929,000 shares for 14.9596 million yuan, representing 0.712% of its total share capital [2]. - Lianyi Technology-W (09959) repurchased 2.31 million shares for 7.4321 million yuan, which is 4.518% of its total share capital [2]. - Gushengtang (02273) repurchased 250,000 shares for 7.4123 million yuan, accounting for 3.541% of its total share capital [2].

Core Insights - On November 10, 32 Hong Kong-listed companies conducted share buybacks, totaling 26.12 million shares and an aggregate amount of HKD 163 million [1][2]. Group 1: Buyback Details - China Feihe repurchased 9.75 million shares for HKD 43.28 million, with a highest price of HKD 4.49 and a lowest price of HKD 4.34, bringing its total buyback amount for the year to HKD 354.87 million [1][2]. - COSCO Shipping Holdings repurchased 3 million shares for HKD 42.56 million, with a highest price of HKD 14.35 and a lowest price of HKD 14.10, accumulating a total buyback amount of HKD 4.72 billion for the year [1][2]. - Sinopec repurchased 4.07 million shares for HKD 17.80 million, with a highest price of HKD 4.40 and a lowest price of HKD 4.30, totaling HKD 1.03 billion in buybacks for the year [1][2]. Group 2: Buyback Rankings - The highest buyback amount on November 10 was from China Feihe at HKD 43.28 million, followed closely by COSCO Shipping Holdings at HKD 42.56 million [1][2]. - In terms of share volume, China Feihe led with 9.75 million shares repurchased, followed by Sinopec with 4.07 million shares and COSCO Shipping Holdings with 3 million shares [1][2].