智通财经APP讯，中国石油化工股份(00386)发布公告，于2025年8月22日，该公司斥资2.98亿港元回购 6762.4万股。 ...

Investment Rating - The report rates the chemical industry as "Outperforming the Market" [1] Core Views - The report highlights the recent price movements in lithium carbonate, international oil prices, and organic silicon prices, with a focus on the implications of these changes for various sub-industries [1][7] - Key areas of focus for August include mid-year report trends, the impact of "anti-involution" on supply in related sub-industries, the importance of self-sufficiency in electronic materials companies, and stable dividend policies in energy companies [1][8] Industry Dynamics - In the week of August 11-17, 2025, among 100 tracked chemical products, 28 saw price increases, 42 saw declines, and 30 remained stable. Overall, 57% of products had a month-on-month average price increase, while 37% saw a decrease [2][7] - The average price of lithium carbonate increased by 17.48% compared to the previous week, reaching 84,000 CNY/ton, marking a cumulative increase of 41.18% since June 20 [2][7] - International oil prices fell, with WTI crude oil futures closing at 62.80 USD/barrel (down 1.69%) and Brent crude at 65.85 USD/barrel (down 1.11%) [2][7] - Organic silicon prices decreased by 8.00% to an average of 11,500 CNY/ton, attributed to weak terminal demand and the conclusion of pre-sale orders [2][7] Investment Recommendations - The report suggests focusing on mid-year report trends, the effects of "anti-involution" on supply, the significance of self-sufficiency in electronic materials, and the stability of dividend policies in energy companies [1][8] - Long-term investment themes include the sustained high prices of crude oil, the ongoing recovery of the oil service industry, and the rapid development of downstream industries, particularly in new materials [8] - Recommended stocks include China Petroleum, China National Offshore Oil Corporation, China Petrochemical Corporation, and several technology and chemical companies [8][9]

该行预计，中石化第三季的盈利将略为改善。期内油价较上季稳定，相信原油库存对盈利的负面影响较 小。此外，由于第三季是化学品的传统旺季，化学品业务的利润或会上升。长期而言，该行相信中国的 反内卷措施，加上海外产能退出，将推高炼油的基本面。另外，公司将其全年资本开支指引下调5%。 瑞银发布研报称，中国石油化工股份(00386)上半年纯利同比跌40%至215亿元人民币，符合其早前发出 的盈利预告。公司第二季溢利82亿元人民币，同比降53%，按季跌38%。该行将公司目标价由5.3港元微 降至5.2港元，但相信以长期而言，炼油业的基本面将会复苏，因此维持"买入"评级。 ...

Core Viewpoint - UBS reported that China Petroleum & Chemical Corporation (Sinopec) experienced a 40% year-on-year decline in net profit for the first half of the year, amounting to 21.5 billion RMB, which aligns with earlier profit forecasts [1] Financial Performance - The company's profit for the second quarter was 8.2 billion RMB, reflecting a 53% year-on-year decrease and a 38% quarter-on-quarter decline [1] - UBS slightly reduced the target price for Sinopec from 5.3 HKD to 5.2 HKD, while maintaining a "Buy" rating based on long-term recovery expectations in the refining sector [1] Future Outlook - UBS anticipates a slight improvement in Sinopec's earnings for the third quarter, attributing this to stable oil prices compared to the previous quarter and a reduced negative impact from crude oil inventories [1] - The third quarter is traditionally a peak season for chemicals, suggesting potential profit increases in the chemicals business [1] - Long-term expectations are positive due to China's anti-involution measures and the exit of overseas capacities, which are expected to enhance the fundamentals of the refining sector [1] - The company has lowered its full-year capital expenditure guidance by 5% [1]

转自：新华财经 自8月13日起，中国石油"旭航助学"项目（青海）奖学金发放仪式分别在青海大通回族土族自治县第一中学、海东乐都一中、湟中田家寨中学举行。中国石 油青海销售公司、学校负责人和受助学生及家长代表出席发放仪式，见证了这一温暖而充满希望的时刻。 据悉，"旭航助学"是中国石油与中国乡村发展基金会于2015年共同发起的专注于教育领域的公益项目，其目的是帮助学子完成学业，实现"大学梦"。自2019 年起，中国石油"旭航"助学项目首次走进青海，连续六年对大通一中、海东乐都一中、湟中田家寨中学的学生实施精准帮扶，每年为每名受助学生提供2000 元助学金直至高中毕业。对于考入本科院校的学子，项目还额外发放5000元奖学金，助力他们开启人生新篇章。 在发放仪式上，青海销售公司代表中国石油为今年顺利考入本科院校的"旭航"学子每人发放5000元奖学金。据统计，2019年至今，中国石油已在西宁、海东 地区累计资助旭航学子超千余人，发放助学金390万元、奖学金158.5万元，总投入超548.5万元。这些凝聚着中国石油责任与关爱的善款，不仅为身处逆境的 学子铺就了求学之路，更点燃了他们追求理想、回报社会的信念之光。 大通一中负 ...

人民财讯8月22日电，企查查APP显示，近日，青油（茫崖）新能源有限公司成立，法定代表人为张文 浩，注册资本为24.23亿元，经营范围包含：矿产资源勘查；发电业务、输电业务、供（配）电业务； 建设工程施工；供暖服务；发电技术服务等。企查查股权穿透显示，该公司由中国石油间接全资持股。 转自：证券时报 ...

Group 1 - The Chengdu High-tech Zone Market Supervision Administration is investigating a case where a vehicle with a 50-liter fuel tank was reported to have been filled with 67.96 liters of gasoline, exceeding its capacity [1][4] - The incident occurred at a China National Petroleum Corporation (CNPC) gas station in Chengdu, specifically at the Gao Xin Tian Shan gas station, using pump number 06 [4] - The gas station staff insisted on charging the customer based on the pump's reading, despite the customer's objections and the vehicle's specifications [3][4] Group 2 - Following the complaint from the vehicle owner, the local market supervision authority communicated with him and conducted an on-site investigation at the gas station [4] - The involved fuel pump was sealed on the day of the incident, August 9, 2025, and remains out of service as of the latest update [4] - The Chengdu High-tech Zone Market Supervision Administration will take legal actions based on the findings of the ongoing investigation [4]

2017年9月7日，该标准已正式发布实施。为进一步满足油品质量升级和市场需求，2019年，国家标准化 委员会对非常规添加物、蒸气压、清净剂相关的技术要求、分析方法等提出修订建议，并组织开展标准 修订工作。 中化新网讯 近日，由中国石油东北销售公司主要参与修订的《车用乙醇汽油调合组分油标准》(GB/T 22030—2025)正式发布，这是东北销售首次参与产品类的国家标准修订。 东北销售牵头负责制订企业内控标准《车用乙醇汽油调合组分油内控指标》，对不同炼化企业的乙醇汽 油做了全面检测，运用科学的统计分析方法，精准确定各项关键技术指标及参数。在标准修订过程中， 东北销售作为重要参与单位，围绕外采项目和检测方法开展大量的实验、实践和调研工作，通过明确组 分油的辛烷值、馏程、蒸气压等理化性质，全面统一检测标准，避免因组分油质量问题导致燃烧效率下 降等问题，确保调合后的乙醇汽油满足车辆发动机需求，解决了硅、氯、苯胺等成分纳入车用乙醇汽油 调合组分油标准适用的关键问题。 ...

Group 1: Stock Performance and Financing - On August 21, China Petroleum's stock increased by 1.51% with a trading volume of 1.251 billion yuan [1] - The financing buy amount for China Petroleum on the same day was 54.99 million yuan, while the financing repayment was 95.31 million yuan, resulting in a net financing outflow of 40.32 million yuan [1] - As of August 21, the total financing and securities lending balance for China Petroleum was 2.268 billion yuan, with the financing balance at 2.249 billion yuan, accounting for 0.16% of the circulating market value, which is below the 20th percentile level over the past year [1] Group 2: Company Overview and Financials - China Petroleum and Natural Gas Corporation was established on November 5, 1999, and listed on November 5, 2007, with its main business involving exploration, development, production, transportation, and sales of crude oil and natural gas, as well as renewable energy [2] - The revenue composition of China Petroleum includes refining products (73.89%), crude oil (45.28%), natural gas (39.06%), chemical products (10.48%), and other segments [2] - For the first quarter of 2025, China Petroleum reported operating revenue of 753.11 billion yuan, a year-on-year decrease of 7.27%, while the net profit attributable to shareholders was 46.81 billion yuan, a year-on-year increase of 2.46% [2] Group 3: Dividend and Shareholding Information - Since its A-share listing, China Petroleum has distributed a total of 835.015 billion yuan in dividends, with 243.89 billion yuan distributed over the past three years [3] - As of March 31, 2025, the top ten circulating shareholders of China Petroleum included Hong Kong Central Clearing Limited, which held 856 million shares, a decrease of 35.40 million shares from the previous period [3] - Other notable shareholders include Huaxia SSE 50 ETF and Huatai-PB CSI 300 ETF, both of which saw a reduction in their holdings [3]

融券方面，当日融券卖出47.63万股，净卖出45.94万股。 来源：金融界 8月21日，沪深两融数据显示，中国石油获融资买入额0.55亿元，居两市第496位，当日融资偿还额0.95 亿元，净卖出4032.19万元。 最近三个交易日，19日-21日，中国石油分别获融资买入0.84亿元、0.74亿元、0.55亿元。 ...