累计回购股数：48,821,270股，占总股本0.04% 中国石化股份回购进展公告要点解读 回购方案概况 回购期限：2025年8月21日-11月20日 回购金额：5-10亿元 回购目的：维护公司价值及股东权益 回购执行进展 当月价格区间：5.27-5.50元/股 关键变化 公告显示回购股份最终用途为"注销并减少公司注册资本"，与原方案中的"维护公司价值及股东权益"用 途存在表述差异。 累计回购金额：2.70亿元（不含交易费用） 回购价格区间：5.27-5.86元/股 10月回购情况 当月回购股数：16,658,070股，占总股本0.01% 当月回购金额：9,023万元 ...

智通财经APP讯，中国石化(600028.SH)发布公告，截至2025年10月31日，公司本轮已累计回购A股股份 4882.13万股，占公司总股本的比例为0.04%，购买的最高价为人民币5.86元/股、最低价为人民币5.27元/ 股，支付的总金额为人民币2.7亿元(不含交易费用)。 ...

Core Viewpoint - China Petroleum & Chemical 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 [1][6]. Group 1: Company Collaboration - The partnership focuses on the development of sodium-ion battery cathode and anode materials, aiming to accelerate commercialization [1][6]. - Sinopec, as the largest refining and chemical enterprise in China, has been transitioning towards new energy materials, with battery materials being a key focus area [3][6]. - LG Chem is recognized as a leader in the commercialization of cathode and anode materials in the new energy battery sector [3][6]. Group 2: Technical Advancements - Sinopec has developed a wide-temperature sodium battery electrolyte that maintains over 95% capacity at -10°C, showcasing its technical capabilities [3][6]. - Research institutes under Sinopec have established solid technical foundations in sodium battery electrolytes and separator materials [3][6]. Group 3: Market Potential - Sodium-ion batteries exhibit advantages over lithium-ion batteries, such as lower cost (30%-40% cheaper) and better performance in low-temperature environments [6][7]. - The high safety profile of sodium-ion batteries, including no risk of over-discharge and good thermal stability, makes them ideal for large-scale energy storage [7]. - Currently, lithium batteries dominate the new energy storage market in China, accounting for 97%, but sodium batteries have the potential for differentiated competition, especially in the two-wheeler and A0-class electric vehicle markets [7].

China’s biggest refiner, Sinopec, has set up a venture with South Korea’s LG Chem to develop sodium-ion batteries for the storage industry and for “low-speed” electric vehicles, the company said. This is the first foray of Sinopec in the battery industry. LG Chem said, as quoted by Korean media, that sodium-ion batteries have a number of advantages over alternatives, such as abundant raw materials, lower production costs, and slower degradation rates at low temperatures compared with lithium-ion batteries ...

韩国LG化学11月4日表示，公司日前与中国石化签署钠离子电池材料联合开发协议。双方将面向包括中 国在内的全球储能系统（ESS）及电动汽车市场，推动钠离子电池业务多元化发展，并计划将合作拓展 至清洁能源和高附加值材料等领域。 ...

11月4日，韩国化工巨头LG化学4日表示，公司日前与中国石油化工集团有限公司（中国石化）签署了钠离子电池材料联合开发协 议。 根据协议，双方将联合开发 钠离子电池的核心材料——正、负极材料 ，并计划构建稳定的供应链，提升成本竞争力。具体来看，双方 将面向 包括中国在内的全球储能系统（ESS）及电动汽车（EV）市场 ，推动钠离子电池业务多元化发展，并计划将合作拓展至清洁 能源和高附加值材料等领域。 LG化学副会长辛学喆表示，公司将携手中国石化及时研发下一代电池材料，不断强化契合客户未来战略的业务布局。中国石化董事长 侯启军表示，此次钠离子电池材料合作将进一步提升双方的技术与市场竞争力，助力能源转型与可持续发展。 LG化学和中国石化举行钠离子电池材料联合开发协议签署仪式。 LG化学供图 ESIE 2026 储能产业发展的风向标 文 | 韩联社 预定展位详情咨询： 曹先生 1 3552 71 21 89 王先生 1 3581 88 55 20 李先生 1 3581 74 16 80 赵先生 1 8210 18 87 71 柏女士 1 8031 45 10 07 相关阅读 韩国电池巨头斩获120GWh储能电池订单 招 ...

Core Viewpoint - LG Chem and Sinopec will collaborate to develop sodium-ion battery materials, indicating a strategic partnership aimed at advancing battery technology and addressing the growing demand for energy storage solutions [1] Group 1: Company Collaboration - The partnership between LG Chem and Sinopec focuses on the development of sodium-ion battery materials, which are seen as a potential alternative to lithium-ion batteries [1] - This collaboration is expected to leverage LG Chem's expertise in battery technology and Sinopec's resources in materials [1] Group 2: Industry Implications - The development of sodium-ion batteries could significantly impact the energy storage market, providing a more sustainable and cost-effective solution compared to traditional lithium-ion batteries [1] - As the demand for energy storage solutions continues to rise, this partnership positions both companies to capitalize on emerging market opportunities [1]

Group 1: Market Movements - Wanda Hotel Development (00169) saw a significant increase, rising over 20% during trading, attributed to an agreement with Sony's CPE for a 49% stake in Vampire Squid Productions, which operates the "Octonauts" IP [1] - Cat's Eye Entertainment (01896) rose over 5.3% following the announcement of the film "Demon Slayer: Infinity Castle Chapter One" set to release on November 14, with over 142,000 new views recorded on the platform [1] - Baidu Group-SW (09888) increased by 6.6% after its subsidiary reported over 250,000 orders completed by fully autonomous vehicles, marking a significant step in the commercialization of autonomous driving [1] - Semiconductor stocks experienced gains, with Huahong Semiconductor (01347) up 2.14%, Shanghai Fudan (01385) nearly 1%, and SMIC (00981) up 1.37%, driven by a continued demand for memory chips and price increases planned by several manufacturers [1] Group 2: Gold and Oil Stocks - Gold stocks continued to decline, with Lingbao Gold (03330) down 4.46% and China Gold International (02099) down 2.41%, as spot gold prices fell below $3,980 per ounce, a drop of over 9% from the high on October 20 [2] - Oil stocks rose, with PetroChina (00857) up 3.14% and Sinopec (00386) up 1.66%, following OPEC+'s announcement to pause production increases in Q1 2024, leading Morgan Stanley to raise its short-term oil price forecast [3] Group 3: Automotive and Technology Developments - Li Auto-W (02015) fell 3.3%, with a reported 38% year-on-year decline in new car deliveries for October, alongside a recall announcement for the MEGA 2024 model due to coolant issues [3] - Hesai Technology (02525) rose over 2% after announcing a strategic partnership with Guanghetong to develop a multi-modal perception and control solution based on lidar technology [3] Group 4: US Market Highlights - Atour (ATAT.US) increased by over 5.8%, supported by China's 14th Five-Year Plan aimed at boosting consumption [5] - NIO (NIO.US) rose over 2.3% with a 92.6% year-on-year increase in new car deliveries for October [5] - Micron Technology (MU.US) gained over 4.8% as Samsung paused DDR5 DRAM contract quotes, impacting the supply chain [5] - Nokia (NOK.US) rose over 3.4% following a $1 billion investment from Nvidia to accelerate AI-RAN innovations [6]

Group 1 - Sinopec, the world's largest refiner by capacity, has signed an agreement with LG Chem to jointly develop sodium-ion battery materials, marking its first venture into new energy [1] - This collaboration indicates Sinopec's strategic shift towards renewable energy solutions and diversification of its product offerings [1] - The partnership with LG Chem highlights the growing importance of sodium-ion technology in the battery market, which is seen as a potential alternative to lithium-ion batteries [1] Group 2 - The agreement reflects a broader trend in the energy sector where traditional oil and gas companies are increasingly investing in renewable energy technologies [1] - Sinopec's move into sodium-ion battery materials could position the company favorably in the evolving energy landscape, as demand for sustainable energy solutions rises [1] - This initiative may also enhance Sinopec's competitive edge in the global energy market, aligning with global efforts to reduce carbon emissions [1]

Group 1 - Hong Kong oil stocks continued to rise, with an increase of 2.9% for China Petroleum and 1% for China Petroleum Chemical [1] - OPEC+ announced plans to pause production increases in the first quarter of next year, marking the first halt since resuming supply cuts in April [1] - Morgan Stanley raised its short-term forecast for oil prices, increasing the Brent crude oil futures price expectation for the first half of 2026 from $57.50 to $60 per barrel [1] Group 2 - CNOOC's third-quarter performance indicates the company's ability to deliver stable and resilient earnings amid oil market fluctuations [2] - The dividend outlook and stability for CNOOC are considered the best among its peers [2] - The target price for CNOOC's H-shares was raised from HKD 8.6 to HKD 8.8, and the A-shares target price was increased from CNY 11.9 to CNY 12, maintaining an "outperform" rating [2]