此乃要件 請即處理 閣下如對本通函任何方面或應採取的行動有疑問，應諮詢 閣下的股票經紀或其他註冊證券 商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓名下的所有中國石油化工股份有限公司股份，應立即將本通函連同隨附的 代表委任表格交予買主或經手買賣的銀行、股票經紀或其他代理商，以便送交買主或承讓人。 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本通函全部或任何部份內容而產生或因倚賴 該等內容所引致的任何損失承擔任何責任。 （在中華人民共和國註冊成立的股份有限公司） （證券代號：00386） 修訂《公司章程》及其附件、取消監事會並減少註冊資本 及 臨時股東會通知 中國石化謹訂於2025年12月18日（星期四）上午九時整在北京市東城區朝陽門北大街2號北京港 澳中心瑞士酒店舉行臨時股東會，臨時股東會通告載於本通函。無論 閣下能否出席臨時股東 會，務請按代表委任表格上的指示填妥並盡早交回，惟無論如何最遲須於臨時股東會指定舉行 時間24小時前（即2025年12月17日上午九時整前）交回。填妥及交回代表委任表格後， 閣下仍 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完整性 亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因倚賴該等內容而引致之 任何損失承擔任何責任。 （在中華人民共和國註冊成立的股份有限公司） （ 股份代號： 00386） 關於修訂《公司章程》及其附件、取消監事會 並減少註冊資本的公告 副總裁、董事會秘書 中國北京 2025年10月29日 此外，為維護公司價值及股東權益，公司持續開展A股和H股股份回購。今年以來，公 司已注銷103,942,000股回購的H股股份，公司股份總數由121,281,555,698股變更為 121,177,613,698 股，註冊資本 擬 由人民幣 121,281,555,698 元相應變更為人民幣 121,177,613,698元，需相應修訂《公司章程》有關條款。 本次修訂《公司章程》及其附件、取消監事會並減少註冊資本尚需提交公司2025年第 二次臨時股東會（「臨時股東會」）審議。本次修訂完成後，公司將不再設置監事會， 《中國石油化工股份有限公司監事會議事規則》相應廢止。 有關本次修訂《公司章程》及其附件的詳情請見公司于同日 ...

Core Viewpoint - The 2025 China Petroleum and Chemical Industry Green High-Quality Development Conference was successfully held in Guangzhou, focusing on the comprehensive green transformation and high-quality development paths of the petrochemical industry during the 14th Five-Year Plan period [1] Group 1: Conference Highlights - The conference gathered over 600 representatives from government agencies, industry associations, leading enterprises, and academic institutions to discuss green transformation [1] - Guangzhou Industrial Investment Holding Group has established 7 national-level green factories and is advancing key technologies in electronic specialty gases and carbon dioxide [1] - A strategic cooperation agreement was signed between Guangzhou Industrial Investment Holding Group and Sinopec to deepen collaboration in industrial synergy, technological innovation, and green development [1] Group 2: Key Publications and Reports - The "2025 Annual Comprehensive Green Transformation Typical Cases in the Petroleum and Chemical Industry" showcased 30 benchmark cases demonstrating quality practices in sustainable development [2] - The "Green Development Blue Book of China's Petroleum and Chemical Industry" was co-authored to provide important guidance for ecological transformation in the industry [2] - The "2024 Annual ESG Evaluation Report for China's Petroleum and Chemical Industry" systematically evaluated 266 listed petrochemical companies, promoting increased transparency and standardization in industry disclosures [2]

人民网阿斯塔纳10月28日电 (记者李强)10月28日，由中国石油化工集团与哈萨克斯坦欧亚大学共同主办 的"丝路书屋"启用仪式于哈萨克斯坦欧亚大学举行。中国驻哈萨克斯坦使馆公使衔参赞苏予、欧亚大学 校长埃尔兰·西德科夫、中石化驻哈机构总代表曾凡礼出席仪式并致辞。 中 动现场。人民网记者 李强摄 由中国石化向"丝路书屋"赠与的500余册图书，涵盖了中国经济、社会、历史、文化等，欧亚大学校长 及在校师生现场翻阅中国图书并体验中国文化。 活 国驻哈萨克斯坦使馆公使衔参赞苏予致辞。人民网记者 李强摄 苏予高度评价了中哈建交33年来的友好关系，并对中国石化与欧亚大学共建丝路书屋的举措给予充分肯 定。他表示，"丝路书屋"将成为传承丝路精神、助力"一带一路"高质量发展的深化中哈人文交融的重要 纽带。 中石化驻哈机构总代表曾凡礼称，中国石化以"为美好生活加油"为使命，希望将"丝路书屋"建设成集知 识共享、语言学习、青年对话于一体的多元知识共享平台、中哈青年交流乐园和友谊传承纽带，让中哈 两国青年通过书籍碰撞思想、传递善意，为两国友谊注入源源不断的新活力。 ...

Industry News - The National Energy Administration emphasizes the acceleration of building a new energy system, increasing the proportion of renewable energy supply, and constructing a new power system as part of the 14th Five-Year Plan [4] - The Ministry of Industry and Information Technology has announced the public listing of the 2025 industrial energy-saving and carbon reduction standards research projects, aiming to enhance energy efficiency and carbon reduction in the industrial sector [4] - A significant advancement in next-generation photovoltaic technology has been achieved, with a new all-perovskite tandem solar cell reaching over 30% efficiency, published in the prestigious journal Nature [4] - The first hydrogen-powered cultural tourism train in China, "Hydrogen Spring," has been launched, marking a breakthrough in green rail transportation with zero carbon emissions [6] Company News - The Ministry of Industry and Information Technology has released a public list of national green data centers for 2025, including the Guian Data Center of State Power Investment Corporation and the Southern Power Grid Green Smart Data Center [6] - China Huaneng has made progress in establishing international standards for ion exchange resins, with a new proposal successfully initiated, indicating the formation of a standard cluster led by Chinese technology [6] - Sinopec has registered its first electricity sales company in Chongqing, marking its entry into the electricity trading market, alongside other major oil companies [7] - The Dagang Oilfield gas storage facility has exceeded its annual gas injection target, ensuring natural gas supply for the Beijing-Tianjin-Hebei region this winter, with a record daily injection of 21.16 million cubic meters [8] - Two large hydropower projects in the Yarlung Tsangpo River basin have achieved synchronized river closure, marking a significant milestone in the construction of China's first integrated wind-solar-hydro power base [10] - The world's highest pumped storage power station, the State Grid Xinyuan Jiangsu Jurong Pumped Storage Power Station, has commenced full operation, with a total installed capacity of 1.35 million kilowatts [10] - The International Energy Agency reports a significant decline in Russian natural gas exports to Europe, with liquefied natural gas exports down 10% and pipeline gas exports down 45% in the first three quarters of 2025 [11] - Google has announced plans to restart a nuclear power plant in Iowa to supply power for its AI infrastructure, indicating a shift towards diverse energy sources for tech companies [11]

Core Viewpoint - The establishment of new companies in the circular economy sector by major players like Sinopec signifies a substantial step towards enhancing China's circular economy landscape, with significant investments and technological advancements aimed at waste recycling and resource recovery [2][3][6]. Group 1: Company Developments - Sinopec Recycling Technology Co., Ltd. has been officially registered with a capital of 200 million RMB, marking a key move in Sinopec's circular economy strategy [2]. - Sinopec (Guangdong) Environmental Technology Co., Ltd. was established with a capital of 1 billion RMB, focusing on environmental governance and various recycling initiatives [2]. - China Resources Recycling Group acquired a 51% stake in Guotou (Fuzhou) Urban Resource Recycling Co., Ltd. for 56.202 million RMB, indicating a strong market presence in resource recycling [3]. Group 2: Industry Trends - The circular economy sector is witnessing rapid growth, with the potential for the resource recycling industry to reach nearly 10 trillion RMB by 2030, as stated by the China Circular Economy Association [6]. - The establishment of multiple local resource recycling companies across various provinces, such as Guangdong and Anhui, reflects a nationwide push towards resource recovery and recycling [3][4]. Group 3: Technological Innovations - Sinopec's development of continuous thermal cracking (RPCC) technology for recycling waste plastics is set to be implemented in a large-scale production facility in Xinjiang, expected to commence operations by the end of this year [2]. - Investments in biotechnological recycling methods, such as those by Yuan Tian Biotechnology and Beijing Plastic New Technology, highlight the industry's shift towards innovative recycling solutions [7]. Group 4: Investment Activities - Significant investments are flowing into the recycling sector, with companies like IKEA's Ingka Group investing in Chinese recycling firms, indicating growing interest from global capital [7]. - The establishment of specialized subsidiaries by China Resources Recycling Group, focusing on battery recycling and plastic regeneration, showcases the diversification of investment in the circular economy [5].

Core Viewpoint - The Guangfa CSI National New Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (520900) has experienced a decline in both share count and total assets in 2024, indicating potential challenges in attracting investor interest [1][2]. Fund Overview - The fund was established on June 26, 2024, with an annual management fee of 0.50% and a custody fee of 0.10% [1]. - As of October 27, 2024, the fund's total share count is 1.593 billion shares, with a total asset size of 1.703 billion yuan [1]. - The fund's share count has decreased by 36.42% and total assets by 26.58% since December 31, 2024 [1]. Liquidity Analysis - Over the last 20 trading days, the fund has accumulated a total trading volume of 1.108 billion yuan, averaging 55.42 million yuan per day [1]. - Year-to-date, the fund has seen a total trading volume of 18.107 billion yuan, with an average daily trading volume of 91.92 million yuan across 197 trading days [1]. Fund Management - The current fund managers are Huo Huaming and Lü Xin, with respective management periods yielding returns of 8.60% and 22.17% [2]. - Huo Huaming has managed the fund since its inception, while Lü Xin is set to manage it starting April 30, 2025 [2]. Top Holdings - The fund's major holdings include: - China Petroleum & Chemical Corporation (10.86% holding) - China Mobile (10.32% holding) - China Shenhua Energy (9.70% holding) - CNOOC Limited (9.52% holding) - COSCO Shipping Holdings (8.42% holding) - China Petroleum & Chemical Corporation (7.40% holding) - China Telecom (4.53% holding) - China Unicom (3.44% holding) - China Coal Energy (2.59% holding) - China Resources Land (2.22% holding) [2][3].

Core Points - The Hang Seng Index fell by 87.56 points, a decrease of 0.33%, closing at 26,346.14 points [1] - The total turnover on the main board was HKD 242.7 billion [1] - The Hang Seng China Enterprises Index dropped by 91.43 points, closing at 9,375.79 points, a decline of 0.97% [1] - The Hang Seng Tech Index decreased by 77.64 points, closing at 6,093.44 points, a drop of 1.26% [1] Blue Chip Stocks - Tencent Holdings fell by 1.68%, closing at HKD 645 [1] - Hong Kong Exchanges and Clearing decreased by 0.41%, closing at HKD 432.4 [1] - China Mobile rose by 0.41%, closing at HKD 85.55 [1] - HSBC Holdings increased by 4.41%, closing at HKD 106.5 [1] Local Hong Kong Stocks - Cheung Kong Holdings rose by 1.15%, closing at HKD 38.86 [1] - Sun Hung Kai Properties increased by 0.74%, closing at HKD 95.8 [1] - Henderson Land Development fell by 0.14%, closing at HKD 28.22 [1] Chinese Financial Stocks - Bank of China rose by 0.45%, closing at HKD 4.44 [1] - China Construction Bank increased by 0.25%, closing at HKD 7.9 [1] - Industrial and Commercial Bank of China fell by 0.33%, closing at HKD 6.06 [1] - Ping An Insurance rose by 0.27%, closing at HKD 56.15 [1] - China Life Insurance decreased by 0.71%, closing at HKD 25.04 [1] Oil and Petrochemical Stocks - China Petroleum & Chemical Corporation fell by 0.24%, closing at HKD 4.22 [1] - China National Petroleum Corporation rose by 0.13%, closing at HKD 8 [1] - CNOOC Limited decreased by 0.55%, closing at HKD 19.95 [1]

Core Insights - The global economic circularity rate is projected to be only 6.9% in 2024, continuing a downward trend [1] - The "2025 China Petrochemical Industry Circular Economy Blue Book" highlights significant challenges in global circular economy development, including inefficient recycling systems and a predominance of linear product design [4] - If current trends persist, global resource extraction is expected to increase by 60% by 2060, leading to systemic risks such as climate instability and biodiversity loss [4] Group 1: Global Circular Economy Challenges - Key challenges include low recycling efficiency, slow decoupling of economic growth from resource consumption, and the lack of substantial agreements on global plastic pollution [4] - The European Union and China are leading efforts in promoting circular economy, with projections for the global plastic recycling market to grow by 8.3% and the biobased materials market by 25.7% by 2025 [4] Group 2: China's Circular Economy Initiatives - China aims to establish a green, low-carbon circular economy system by 2035, supported by over 300 standards and policies targeting various waste sectors [5] - The development of circular economy in China is expected to reduce carbon dioxide emissions by over 3.5 billion tons in 2024, contributing more than 35% to carbon reduction by 2030 [6] Group 3: Challenges in the Petrochemical Sector - The petrochemical industry faces five major challenges in developing circular economy, including technological maturity, raw material supply issues, and insufficient market premium for green low-carbon value [6] - Recommendations for petrochemical companies include focusing on key technological breakthroughs, establishing stable raw material supply chains, and enhancing market competitiveness through environmental benefits [7]

企查查APP显示，近日，朝阳中能石化有限责任公司成立，注册资本4000万元，经营范围包含：汽车销 售；汽车零配件零售；新能源汽车换电设施销售；新能源汽车整车销售等。企查查股权穿透显示，该公 司由中国石化(600028)旗下中国石化销售股份有限公司全资持股。 ...