Core Insights - The Dongfang 13-3 area project has officially commenced production, marking a significant advancement in China's offshore oil and gas resource development, enhancing national energy security and promoting the development of new marine energy productivity [1] Project Overview - The Dongfang 13-3 area project is located in the Yinggehai sea area south of Hainan Island, characterized by high temperature, high pressure, and low permeability gas reservoirs, making economic development challenging [1] - The project team deployed six efficient development wells and utilized advanced wellbore designs such as long horizontal wells and multi-branch wells to enhance single well productivity [1] Technological Innovations - The project employed pressure-controlled drilling technology for efficient drilling operations and introduced a "land-based vertical construction + offshore hoisting" model, creating a standardized technical system to reduce construction costs [1] - A new unmanned wellhead platform integrates digital technologies such as smart lighting, intelligent inspection, and remote control, enabling fully remote production [1] Infrastructure Development - The project includes the construction of two subsea pipelines and one cable, facilitating interconnectivity of major gas fields in the Hainan sea area, which enhances the reliability of the underwater energy transportation network around Hainan Island [1]

Core Insights - The successful completion of the world's first offshore oil platform material transport flight using a 2-ton eVTOL aircraft, the Kairuiou, marks a significant milestone for the company and the industry [1][3] - This breakthrough innovates the logistics model for offshore material supply and represents a key step in low-altitude logistics applications in China [3] Company Developments - The flight was a collaborative effort between Peak Flying, China National Offshore Oil Corporation (CNOOC), and CITIC Offshore Helicopter [1] - The Kairuiou transported fresh fruits and emergency medical supplies from a land takeoff point in Shenzhen to the Huizhou 19-3 platform, located 150 kilometers from the Shenzhen coastline, completing the journey in 58 minutes [1] Industry Impact - Traditionally, CNOOC relied on maritime transport for offshore oil platform material delivery, which took approximately 10 hours for a one-way trip, making it challenging to meet urgent supply needs [3] - The eVTOL aircraft offers significant advantages over traditional transport methods, including lower operational costs, faster response times, environmental benefits, comfort, and suitability for limited takeoff and landing spaces [3] - The trial flight established a closed-loop model of "research + operation + scenario" for low-altitude applications, enabling long-distance emergency material transport, offshore facility inspections, and responses to fishing vessel disturbances [3]

长期以来，我国海上石油平台的物资补给主要依赖船舶运输，单程耗时10小时或以上，难以满足紧急物资调度与应急保障需求。紧急情况下则 需调用直升机，但单次飞行成本较高。 任永怡表示，此次试飞将创新的航空技术、成熟的运营经验与真实的海上作业需求深度融合，形成"研制+运营+场景"低空应用落地闭环，展 现了低空经济技术赋能传统能源产业的巨大潜力。 央视网消息：8月3日，记者从中国海油获悉，我国自主研发的吨级以上电动垂直起降航空器，首次实现远海石油平台物资运输飞行。这一突破 不仅创新了海上物资补给模式，更标志着我国在海陆低空物流场景应用中迈出关键一步。 我国自主研发的2吨级电动垂直起降航空器——"凯瑞鸥"，装载新鲜水果和紧急药品等物资，从深圳陆地起降点起飞。经过58分钟的跨海域飞 行，降落在距离深圳海岸线150公里的海上油气平台，成功完成了运输任务。 中国海油深圳分公司协调部副经理任永怡介绍，相比传统依赖船舶和直升机的运输方式，eVTOL（电动垂直起降航空器）在运营成本、响应 速度、环保零碳、舒适性以及适应有限起降空间方面具有显著优势。 "凯瑞鸥"采用复合翼构型，最大起飞重量达2吨，商载能力400公斤，巡航速度每小时200 ...

2025 年 8 月 3 日 行业研究 四大石化央企召开年中工作会议，政治局会议再度强调"反内卷" ——石油化工行业周报第 414 期（20250728—20250803） 要点 四大石化央企召开年中工作会议，强调深化改革、科技创新与能源安全。本 周中国石油、中国石化、中国海油、中国中化集团分别召开 2025 年中工作会 议，中国石油要求深化体制改革和科技创新，结合发展新质生产力的需要，持 续推进公司治理体系和治理能力现代化。中国石化强调推动产业转型升级和科 技创新融合，加快管理体系变革。中国海油坚持降本增效、科技创新，加快培 育海洋能源新质生产力，纵深推进国企改革深化提升行动。在国企改革深化的 背景下，"三桶油"有望推进体制机制改革和管理创新，不断清除制约高质量 发展、新质生产力培育的体制机制障碍，有望不断向高端产业链延伸，同时突 破各项"卡脖子"技术，引领我国石化产业高质量发展。同时，"三桶油"持 续深化数智赋能和数智化转型，有望推进数智赋能创新，驱动主业与数智产业 协同发展。此外，"三桶油"强调能源安全保障，有望增强能源高效供给能力， 深化油气业务结构优化和质量效益提升。 政治局会议强调治理无序竞争与产 ...

Core Viewpoint - The successful completion of the world's first offshore logistics flight using the eVTOL "Kai Rui Ou" marks a significant advancement in low-altitude logistics applications in China, particularly for offshore oil platforms [1][3]. Group 1: Operational Advantages - The eVTOL technology offers significant operational cost advantages compared to traditional sea transport, which takes approximately 10 hours for a one-way trip, and helicopter transport, which is more expensive [3]. - The "Kai Rui Ou" can carry a payload of 400 kilograms, with a range of 200 kilometers and a maximum speed of 200 kilometers per hour, making it suitable for various logistical needs [3]. Group 2: Application Scenarios - The eVTOL is expected to enhance operational efficiency and safety for offshore oil and gas platforms by providing innovative solutions for personnel rotation, emergency medical rescue, and rapid transportation of high-value components and supplies [5]. - The technology is being integrated into various scenarios, including low-altitude logistics, emergency material transport, and rescue operations, demonstrating its versatility [6]. Group 3: Future Prospects - The low-altitude economy in China is projected to reach 3 trillion yuan by 2030, with innovative applications in marine scenarios being a key growth driver [6]. - A strategic cooperation agreement was signed for the procurement of 100 large eVTOLs, which will cater to diverse operational needs in offshore operations, emergency rescue, and high-end tourism [6].

Group 1 - The core point of the article highlights the performance and holdings of the Huatai-PineBridge State-Owned Enterprise Innovation Stock A fund, which has shown a recent decline in returns [1] - The fund's latest net value is 1.5650 yuan, with a weekly return of -1.51%, a three-month return of 4.54%, and a year-to-date return of -1.82% [1] - The fund was established on July 10, 2015, and as of June 30, 2025, it has a total scale of 376 million yuan [1] Group 2 - The top ten stock holdings of the fund include Zijin Mining, China Merchants Bank, Yangtze Power, CATL, COSCO Shipping Holdings, Northern Huachuang, Juhua Co., XCMG, Hangzhou Bank, and China National Offshore Oil Corporation [1] - The combined proportion of the top ten holdings accounts for 53.85% of the fund's total assets [1]

Core Insights - China's independently developed 2-ton electric vertical takeoff and landing aircraft (eVTOL), "Kai Rui Ou," successfully completed the world's first offshore oil platform logistics flight, marking a significant advancement in low-altitude logistics applications in marine and land scenarios [1][2] - The flight was a collaboration between China National Offshore Oil Corporation (CNOOC), CITIC Offshore Helicopter Co., Ltd., and Shanghai Fengfei Aviation Technology Co., Ltd., showcasing the integration of innovative aviation technology with operational experience and real offshore operational needs [1] Group 1 - The "Kai Rui Ou" eVTOL features a composite wing design, with a range of 200 kilometers, a maximum speed of 200 kilometers per hour, and a payload capacity of 400 kilograms [2] - The successful flight included critical tests such as vertical takeoff, hovering, and long-distance over-sea flight, validating the technical feasibility and operational reliability of large eVTOLs in the marine oil industry [2] Group 2 - The flight transported fresh fruits and emergency medical supplies from a land takeoff point in Shenzhen to the Huizhou 19-3 platform, located 150 kilometers off the Shenzhen coastline, completing the mission in 58 minutes [1] - This breakthrough demonstrates the potential of low-altitude economic technology to empower traditional energy industries, enabling long-distance emergency material transport, offshore facility inspections, and responses to fishing vessel disturbances [1]

Core Viewpoint - The successful test flight of the domestically developed 2-ton electric vertical takeoff and landing aircraft (eVTOL) "Kairuiou" marks a significant advancement in offshore logistics and demonstrates China's progress in low-altitude logistics applications [1][3]. Group 1: Test Flight Details - The test flight was conducted by China National Offshore Oil Corporation (CNOOC), CITIC Offshore Helicopter, and Fengfei Aviation, utilizing the "Kairuiou," which is the world's first eVTOL to receive type certification, production license, and individual airworthiness certificate [3][4]. - The aircraft transported fresh fruits and emergency medical supplies, flying from a land point in Shenzhen to the Huizhou 19-3 platform, located 150 kilometers offshore, completing the journey in 58 minutes [3][4]. Group 2: Advantages of eVTOL - Traditionally, CNOOC relied on ships for offshore logistics, which took approximately 10 hours for a one-way trip, making it challenging to meet urgent supply needs. Helicopters were used for emergencies but at a high operational cost [3]. - The eVTOL offers significant advantages over traditional transport methods, including lower operational costs, faster response times, environmental benefits, comfort, and suitability for limited takeoff and landing spaces [3][4]. Group 3: Technological Feasibility and Operational Support - The "Kairuiou" features a composite wing design, with a range of 200 kilometers, a maximum speed of 200 kilometers per hour, and a payload capacity of 400 kilograms. It successfully completed key tests such as vertical takeoff, hovering, and long-distance over-water flight [4]. - CITIC Offshore Helicopter provided comprehensive operational support, ensuring safe flight through meticulous planning and coordination, including airspace clearance and utilizing the first domestic intelligent tower for the test flight [4]. Group 4: Future Prospects - The growth of the low-altitude economy and the maturation of eVTOL technology are expected to provide innovative solutions for efficient personnel rotation, emergency medical rescue, and rapid transportation of high-value components and supplies to offshore platforms, significantly enhancing operational efficiency and safety [5]. - It is projected that by 2030, China's low-altitude economy could reach a scale of 3 trillion yuan, with innovative applications in marine scenarios becoming a key growth driver [5].

Group 1 - The core point of the article highlights the performance and holdings of the Invesco Great Wall State-Owned Enterprise Value Mixed A Fund, which has a recent net value of 1.3060 yuan and has experienced a weekly return of -3.04% [1] - The fund was established on May 30, 2023, and as of June 30, 2025, it has a total scale of 295 million yuan [1] - The top ten stock holdings of the fund include Zijin Mining, China Mobile, Shenhuo Co., Tencent Holdings, China National Offshore Oil, Chuan Yi Co., Sinopharm Holdings, Zhuhai Smelter Group, Yun Aluminum, and CRRC Corporation, with a combined holding percentage of 52.32% [1] Group 2 - The fund has achieved a return of 8.78% over the past three months and 8.37% year-to-date [1]

资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。中证香港300价值指数和中证香港300成长指数每次调整的样本比例一般不超过20%。定期调整 设置缓冲区，Z值在对应指数的样本空间中，排名在80名之前的新样本优先进入；排名120名之前的老 样本优先保留。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在下一 个定期调整日前，权重因子一般固定不变。遇临时调整时，当中证香港300指数调整样本时，指数样本 随之进行相应调整。当样本退市时，将其从指数样本中剔除。样本公司发生收购、合并、分拆等情形的 处理，参照计算与维护细则处理。 从指数持仓来看，中证香港300价值指数十大权重分别为：建设银行（10.13%）、汇丰控股 （9.59%）、中国移动（7.31%）、工商银行（7.17%）、中国平安（5.52%）、中国银行（5.21%）、中 国海洋石油（4.63%）、招商银行（3.22%）、中国人寿（2.32%）、中国石油股份（2.22%）。 从中证香港300价值指数持仓的市场板块来看，香港证券交易所占比100.00%。 从中证香港300价值指数持仓样本的 ...