EE305 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: China Petroleum & Chemical Corporation Date Submitted: 10 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 discloseable pursuant to rule 13.25A of the Rules Gov .i.sting of Securities on The Stock Exchange of H ...

格隆汇11月10日丨中国石油化工股份(00386.HK)发布公告，2025年11月10日耗资1779.63万港元回购 407.2万股，回购价格每股4.3-4.4港元。 ...

智通财经APP讯，中国石油化工股份(00386)发布公告，于2025年11月10日，该公司斥资1779.63万港元 回购407.2万股。 ...

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) FF305 表格類別： 股票 狀態： 新提交 | 1). | 為註銷而回購但尚未註銷的股票 | | 5,410,000 | 0.02 % | HKD | 4.09 | | --- | --- | --- | --- | --- | --- | --- | | | 變動日期 | 2025年9月22日 | | | | | | 2). | 為註銷而回購但尚未註銷的股票 | | 5,506,000 | 0.02 % | HKD | 4.08 | | | 變動日期 | 2025年9月23日 | | | | | | 3). | 為註銷而回購但尚未註銷的股票 | | 5,800,000 | 0.02 % | HKD | 4.08 | | | 變動日期 | 2025年9月24日 | | | | | | 4). | 為註銷而回購但尚未註銷的股票 | | 8,100,000 | 0.03 % | HKD | 4.07 | | | 變動日期 | 2025年9月25日 | | | | | | 5). | 為註銷而回購但尚未註銷的股票 | ...

1. Report Industry Investment Rating - The investment view on the synthetic rubber industry is bearish. The significant decline in butadiene prices has deepened market pessimism, causing a sharp drop in the futures price. Attention should be paid to the adjustment rhythm of spot prices and the price guidance of natural rubber [2]. 2. Core View of the Report - Low - priced butadiene is the main factor affecting the market. The sharp decline in butadiene prices has led to a pessimistic market sentiment, and the futures price of butadiene rubber has dropped significantly. Although there are some changes in supply and demand, the overall market is under pressure from cost - side factors [2]. 3. Summary by Related Catalogs 3.1 Market Review - As of November 6, 2025, the ex - factory price of Sinopec's BR9000 was 10,200 yuan/ton, and that of PetroChina's main sales companies was between 10,200 - 10,300 yuan/ton. The listed price of PetroChina's Southwest sales company was 10,600 yuan/ton. This week, although the butadiene rubber plant of Sichuan Petrochemical restarted, due to the impact of the decline in butadiene prices, the ex - factory prices of Sinopec and PetroChina's butadiene rubber decreased by 800 yuan/ton, and the price of private resources in Shandong fell below 10,000 yuan/ton [2][5]. 3.2 Supply and Demand Analysis 3.2.1 Supply - Last week, the domestic butadiene production was 10.92 million tons, with a capacity utilization rate of 4.85%. The production of high - cis butadiene rubber was 2.69 million tons, with a capacity utilization rate of - 6.71%. Some butadiene plants such as Nanjing Chengzhi, Sierbang, and Yanshan Petrochemical remained shut down, while some plants like Beifang Huajin and Qilu Petrochemical resumed production. In the butadiene rubber sector, the plant of Sichuan Petrochemical restarted, and those of Yangzi Petrochemical and Zhejiang Petrochemical were under maintenance [2]. 3.2.2 Demand - In the semi - steel tire market, the sales of four - season tires were mediocre. The northern market entered the off - season, while the southern market provided some support. In the snow - tire market, the channel inventory was sufficient, waiting for the rise of terminal demand. In the all - steel tire market, the transaction price remained stable. Some manufacturers recovered 1 - 2 points of previous promotional policies in November, and there was a possibility of price increases in the future [2]. 3.2.3 Inventory - Last week, the butadiene port inventory was 2.98 million tons, a decrease of 6.88% compared to the previous week. The inventory of high - cis butadiene rubber enterprises and traders was 2.929 million tons, a decrease of 5.15%. Some butadiene plants resumed production, and the inventory of some suppliers increased. There were imported cargoes arriving at the port, but the short - term tradable volume was limited [2]. 3.3 Price Analysis - The prices of synthetic rubber products such as butadiene, butadiene rubber, and styrene - butadiene rubber all showed a downward trend. For example, the ex - factory price of butadiene from Dalian Hengli decreased by 900 yuan/ton compared to the previous week, a decline of 12.15% [7]. 3.4 Correlation Analysis - The report provides the correlation coefficient heat maps of the price trends of crude oil, synthetic rubber, and natural rubber - related varieties for 1 - month and 3 - month periods, showing the relationships between different varieties [8]. 3.5 Device Analysis - It details the maintenance and operation status of butadiene and high - cis butadiene rubber plants in China in 2025, including the maintenance time, capacity, and future plans of each plant [9]. 3.6 Transaction Strategy - For single - side trading, there is no recommended strategy. For arbitrage, attention should be paid to the strategy of going long on BR and short on NR/RU. Key factors to monitor include downstream demand, cost changes, plant maintenance, and geopolitical situations [2].

人民财讯11月10日电，企查查APP显示，近日，滁州市鑫谯石化销售有限公司成立，经营范围包含：石 油制品销售（不含危险化学品）；食品销售（仅销售预包装食品）；机动车修理和维护。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等共同持股。 ...

11月10日消息，石油股午后涨幅扩大，截至发稿，涨超4%，涨近3%， 涨超2%。 消息面上，11月2日，OPEC+主产八国宣布12月将进一步增产13.7万桶/日，同时由于季节性因素暂停2026 年1至3月的增产。此外，美国对俄两大石油生产商实施制裁后。民生证券指出，由于OPEC+于26年一季度 暂停增产超市场预期，叠加美国对俄罗斯的制裁影响，当前市场悲观情绪好转，但对需求较弱、供应过剩 的情绪仍在，预计油价短期依然以震荡为主线。 光大证券指出，面对新一轮油价波动周期，"三桶油"深化增储上产，加强成本管控，以自身发展的确定性 应对外部环境的不确定性，在油价下行期的业绩韧性凸显。"三桶油"将继续加强增储上产，中国石油、中 国石化、中国海油25年油气当量产量计划分别增长1.6%、1.5%、5.9%；加快中下游炼化业务转型，炼油板 块推进低成本"油转化"、高价值"油转特"，销售板块积极向"油气氢电服"综合能源服务商转型，化工业务 稳步提升高附加值产品比例。"三桶油"有望实现穿越油价周期的长期成长，长期投资价值凸显。 | 代碼 | 名稱 | 最新價 | 漲跌幅 ◆ | 成交額 | 總市值 | | --- | --- | ...

石油股午后涨幅扩大，截至发稿，中海油(00883)涨3.68%，报21.96港元；中石油(00857)涨2.94%，报 8.76港元；中石化(00386)涨2.1%，报4.38港元。 1.5%、5.9%；加快中下游炼化业务转型，炼油板块推进低成本"油转化"、高价值"油转特"，销售板块积 极向"油气氢电服"综合能源服务商转型，化工业务稳步提升高附加值产品比例。"三桶油"有望实现穿越 油价周期的长期成长，长期投资价值凸显。 消息面上，11月2日，OPEC+主产八国宣布12月将进一步增产13.7万桶/日，同时由于季节性因素暂停 2026年1至3月的增产。此外，美国对俄两大石油生产商实施制裁后。民生证券指出，由于OPEC+于26 年一季度暂停增产超市场预期，叠加美国对俄罗斯的制裁影响，当前市场悲观情绪好转，但对需求较 弱、供应过剩的情绪仍在，预计油价短期依然以震荡为主线。 光大证券指出，面对新一轮油价波动周期，"三桶油"深化增储上产，加强成本管控，以自身发展的确定 性应对外部环境的不确定性，在油价下行期的业绩韧性凸显。"三桶油"将继续加强增储上产，中国石油 （601857）、中国石化（600028）、中国海油（600 ...

智通财经APP获悉，石油股午后涨幅扩大，截至发稿，中海油(00883)涨3.68%，报21.96港元；中石油 (00857)涨2.94%，报8.76港元；中石化(00386)涨2.1%，报4.38港元。 光大证券指出，面对新一轮油价波动周期，"三桶油"深化增储上产，加强成本管控，以自身发展的确定 性应对外部环境的不确定性，在油价下行期的业绩韧性凸显。"三桶油"将继续加强增储上产，中国石 油、中国石化、中国海油25年油气当量产量计划分别增长1.6%、1.5%、5.9%；加快中下游炼化业务转 型，炼油板块推进低成本"油转化"、高价值"油转特"，销售板块积极向"油气氢电服"综合能源服务商转 型，化工业务稳步提升高附加值产品比例。"三桶油"有望实现穿越油价周期的长期成长，长期投资价值 凸显。 消息面上，11月2日，OPEC+主产八国宣布12月将进一步增产13.7万桶/日，同时由于季节性因素暂停 2026年1至3月的增产。此外，美国对俄两大石油生产商实施制裁后。民生证券指出，由于OPEC+于26 年一季度暂停增产超市场预期，叠加美国对俄罗斯的制裁影响，当前市场悲观情绪好转，但对需求较 弱、供应过剩的情绪仍在，预计油价短 ...

随着花湖机场国际货运航线加密、夜间航班增多，航煤需求持续攀升。中韩石化快速响应，积极优化生 产流程，提高航煤收率，并依托水路发运体系提升运输效能;销售华中公司量身定制"一厂一策"方案， 优化水路运输流程，7月份向机场供油量环比增加1.5倍，1至10月创效1.5亿元。 中化新网讯 11月4日，鄂州花湖机场航煤年用量首次突破30万吨。这是该机场主力航煤供应商——中国 石化驻鄂企业中韩石化和销售华中公司构建协同保供体系取得的成效。 ...