Summary of Key Points Core Viewpoint - On November 4, 38 Hong Kong-listed companies conducted share buybacks, totaling 62.68 million shares and an aggregate amount of HKD 294 million [1][2]. Group 1: Buyback Details - China Feihe repurchased 18 million shares for HKD 76.11 million, with a highest price of HKD 4.260 and a lowest price of HKD 4.210, bringing its total buyback amount for the year to HKD 233 million [1][2]. - COSCO Shipping Holdings repurchased 4.5 million shares for HKD 61.70 million, with a highest price of HKD 13.960 and a lowest price of HKD 13.600, accumulating a total buyback amount of HKD 45.30 billion for the year [1][2]. - Pacific Shipping repurchased 10 million shares for HKD 26.09 million, with a highest price of HKD 2.640 and a lowest price of HKD 2.580, totaling HKD 22.91 million in buybacks for the year [1][2]. Group 2: Notable Companies - The largest buyback amount on November 4 was by China Feihe at HKD 76.11 million, followed by COSCO Shipping Holdings at HKD 61.70 million [1][2]. - In terms of share quantity, China Feihe led with 18 million shares repurchased, followed by Pacific Shipping with 10 million shares and Sinopec with 5.15 million shares [1][2]. - Noteworthy is that companies like Fenbi and Taimei Medical Technology conducted their first buybacks of the year on this date [2].

Core Insights - The eighth China International Import Expo (CIIE) featured a forum themed "Technology Leading, Digital Intelligence Empowering," focusing on technological innovation, new material development, and enhancing supply chain resilience [1][3] - Sinopec signed agreements with 34 partners from 17 countries and regions, covering 24 product categories, with a total procurement amount exceeding $40.9 billion [3] - Since the first CIIE in 2018, Sinopec has accumulated contracts exceeding $325 billion across eight expos [3] Group 1 - Sinopec emphasizes the importance of technological innovation and digital intelligence in driving the energy and chemical industry towards high-end, intelligent, and green development [3] - The company aims to strengthen global partnerships to overcome development bottlenecks and create new advantages in the industry [3] - Sinopec plans to accelerate the integration of new information technologies with the energy and chemical sectors to stimulate industrial upgrades [3] Group 2 - The company is committed to expanding green and low-carbon cooperation, promoting the efficient use of traditional energy alongside the large-scale development of renewable energy [3] - Sinopec envisions a sustainable development landscape for the energy and chemical industry through collaborative efforts with global partners [3]

Summary of China Petroleum & Chemical Corporation (Sinopec) Conference Call Industry Overview - The conference call discusses the performance and outlook of the oil and gas industry, particularly focusing on Sinopec's operations in a challenging market environment characterized by fluctuating international oil prices and changing domestic demand. Key Financial Performance - For the first three quarters of 2025, Sinopec reported an EBITDA of 54.4 billion RMB, with Q3 contributing 14.9 billion RMB, reflecting a year-on-year growth of 3.3% [2][3] - The net profit attributable to shareholders for the first three quarters was 32.1 billion RMB, with Q3 net profit at 8.3 billion RMB, also showing a year-on-year increase of 3.5% [2][3] - Operating cash flow reached 114.8 billion RMB, marking a 13% year-on-year increase, while the debt-to-asset ratio stood at 54.8% [2][3] Upstream Operations - Sinopec enhanced exploration efforts, achieving a 2.2% year-on-year increase in oil and gas equivalent production to 394 million barrels, with natural gas production rising by 5% [2][4] - The upstream segment generated an EBITDA of 38.1 billion RMB, with unit cash operating costs decreasing by 4.6% [2][4] Refining and Sales - The refining segment processed 190 million tons of crude oil, producing 110 million tons of refined products, with refining margins at 6.1 USD per barrel, an 8% year-on-year increase [2][4] - However, the refined oil sales segment faced challenges due to declining international oil prices and weak domestic demand, resulting in an EBIT of 12.8 billion RMB, a 6.9% year-on-year decline when excluding inventory changes [2][4] Chemical Segment - The chemical segment faced difficulties, with ethylene production increasing by 15.4% to 11.59 million tons, but the segment reported an EBITDA loss of 8.2 billion RMB [2][4] Capital Expenditure - Capital expenditures for the first three quarters totaled 71.6 billion RMB, with the upstream segment accounting for the largest share at 41.6 billion RMB, primarily for oil and gas capacity and storage facility construction [2][4] Market Strategy and Future Outlook - Sinopec is focusing on a dual circulation development strategy, emphasizing refining integration, high-end differentiation, green digitalization, and international operations [3][10] - The company plans to strictly review project investments to enhance economic efficiency and green low-carbon levels, with an expected average annual growth rate of 3.9% in domestic ethylene consumption during the upcoming five-year plan [3][10] Challenges and Risks - The company is navigating a complex market with international oil prices showing a downward trend, with Brent crude averaging a 14.4% year-on-year decline [3][4] - The impact of sanctions on Russia and OPEC's production decisions are being monitored, but Sinopec maintains a diversified procurement strategy to mitigate supply chain risks [7][8] Inventory Management - Sinopec adheres to a low inventory strategy, maintaining raw material inventory at around 20 days to manage market volatility effectively [8] Future Projects and Collaborations - Sinopec is reviewing future project plans, including collaborations in high-end materials and cross-border e-commerce, while continuing to phase out smaller, outdated refining units [12][13] Conclusion - Sinopec's performance reflects resilience in a challenging environment, with strategic initiatives aimed at enhancing operational efficiency and adapting to market dynamics. The focus on sustainable growth and innovation positions the company for future opportunities despite current challenges in the oil and gas sector.

Group 1 - The core point of the article is that Sinopec has completed a share buyback program, repurchasing a total of 48.8213 million A-shares, which represents 0.04% of the company's total share capital [1] - The highest purchase price during the buyback was RMB 5.86 per share, while the lowest was RMB 5.27 per share [1] - The total amount spent on the buyback reached RMB 270 million, excluding transaction fees [1]

Core Points - China Petroleum & Chemical Corporation (Sinopec) has been actively repurchasing its shares, with a total of 5.148 million shares bought back on November 4 at prices ranging from HKD 4.200 to HKD 4.280, amounting to HKD 21.8435 million [2] - The stock closed at HKD 4.230 on the same day, reflecting a 0.48% increase, with a total trading volume of HKD 729 million [2] - Since October 30, the company has conducted share repurchases for four consecutive days, totaling 17.826 million shares and a cumulative repurchase amount of HKD 74.5276 million, with a total stock price increase of 0.24% during this period [2] Repurchase Summary - Year-to-date, Sinopec has executed 26 share repurchase transactions, totaling 200 million shares and a cumulative repurchase amount of HKD 911 million [2] - Detailed repurchase data includes: - November 4: 514.80 thousand shares at a maximum price of HKD 4.280 and a minimum price of HKD 4.200, totaling HKD 21.8435 million [2] - November 3: 425.00 thousand shares at a maximum price of HKD 4.230 and a minimum price of HKD 4.150, totaling HKD 17.8364 million [2] - October 31: 365.20 thousand shares at a maximum price of HKD 4.170 and a minimum price of HKD 4.110, totaling HKD 15.1248 million [2] - October 30: 477.60 thousand shares at a maximum price of HKD 4.220 and a minimum price of HKD 4.100, totaling HKD 19.7230 million [2]

还是蛮惊讶，当全国人民都在关注火爆的固态电池的时候，两年前的"顶流"钠电池突然被世界化工巨头中石化"翻牌子"，是否让钠电池企业们在冬季感 受到一丝热闹的暖意。 【DT新材料】 获悉，10月30日， LG化学 宣布与 中国石化 达成战略合作，签署了联合开发钠离子电池 的 正极材料和负极材料 等 核心材料的合作协 议，正式携手推动新一代电池材料的研发，构建稳定的供应链体系，提升成本竞争力并加速其商业化进程。 双方联合开发，面向中国及全球的储能系统和电动汽车市场，共同拓展钠离子电池的多元化商业模式，并在未来将合作范围扩大至新能源及高附加值材 料领域。 中国石化与LG的合作，是继宁德时代后选择的第二家头部电池企业合作，并且 聚焦的方向与电池类型完全不同。 其实在钠电池领域，中石化早有储备 。 中国石化旗下的 上海院 开发出的宽温域钠电池电解液，在 -10℃的低温环境下，容量保持率还能超过95%；北 化院等研究院在钠电池电解液、隔膜材料这些关键领域早就有了扎实的技术积累。 去年11月， 金陵石化、大连院、炼销公司 与 广东凯金新能源科技有限公司签署四方协议，将合作建立新能源电池负极材料创新联盟，围绕锂电池人造 石墨负极 ...

Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) announced the completion of its share repurchase program, having repurchased a total of 48,821,270 A-shares, which represents 0.04% of the company's total share capital [2] Summary by Category - **Share Repurchase Details** - The company has repurchased 48,821,270 A-shares as of October 31, 2025 [2] - This repurchase accounts for 0.04% of the total share capital of the company [2]

Core Points - The 8th China International Import Expo (CIIE) was held in Shanghai, featuring a signing ceremony for China Petroleum & Chemical Corporation (Sinopec) [1] - Sinopec signed agreements with 34 partners from 17 countries and regions, covering 10 categories and 24 types of products, with a total procurement amount exceeding $40.9 billion [1] - Since the first CIIE in 2018, Sinopec has cumulatively signed contracts worth over $325 billion [1] - Sinopec's General Manager Zhao Dong expressed the intention to collaborate with global partners to accelerate digital empowerment and promote the integration of new information technology with the energy and chemical industry [1]

Group 1 - The 2025 (15th) High-tech Lithium Battery Annual Conference will be held from November 18-20, 2025, at JW Marriott Hotel in Shenzhen [4] - China Petrochemical Corporation (Sinopec) has signed an agreement with LG Chem to jointly develop key materials for sodium-ion batteries, targeting the energy storage and low-speed electric vehicle markets [4][5] - LG Chem's first-generation sodium-ion battery is expected to be mass-produced by 2027, with a second-generation battery achieving a performance of 450Wh/L suitable for new energy vehicles [4] Group 2 - Sinopec plans to build approximately 10,000 photovoltaic stations in oil and gas mining areas, petrochemical industrial parks, and gas stations by 2027, while also advancing its new energy storage industry [5] - The economic viability of sodium-ion energy storage has been improving, particularly with the rapid progress of the NFPP technology route, making it an ideal choice for large-scale energy storage systems [6] - The collaboration between Sinopec and LG Chem represents a strategic partnership with a focus on different battery types, enhancing Sinopec's resource integration capabilities in the energy sector [7]

FF305 Next Day Disclosure Return (Equity issuer - changes in issued shares or treasury shares, share buybacks andlor on-market sales of treasury shares) Instrument: Equity issuer Status: New Submission Name of Issuer: China Petroleum & Chemical Corporation Date Submitted: 04 November 2025 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 .isting of Securities on The Stock Exchange of Ho ...