Core Viewpoint - China National Offshore Oil Corporation (CNOOC) reported a closing price of 26.29 yuan on July 3, 2025, with a slight decline of 0.04% and a trading volume of 202,600 shares, amounting to a total transaction value of 533 million yuan [1]. Trading Information Summary - On July 3, the fund flow for CNOOC showed a net inflow of 26.8 million yuan from main funds, accounting for 5.03% of the total transaction value. In contrast, retail funds experienced a net outflow of 6.84 million yuan, representing 1.28% of the total transaction value [2][4]. Company Announcement Summary - CNOOC announced a final cash dividend of 0.60506 yuan per share (tax included) for the 2024 A-share period. The record date for shareholders is July 10, 2025, and the dividend payment date is July 11, 2025. The total cash dividend distribution amounts to approximately 1.81 billion yuan (tax included) [2][4].

Core Viewpoint - China National Offshore Oil Corporation (CNOOC) has announced a final dividend distribution plan, with a proposed payout of HKD 0.66 per share, translating to RMB 0.60506 per share for A-share holders, following the approval at the annual general meeting on June 5, 2025 [1][2]. Dividend Distribution Plan - The total cash dividend to be distributed to A-share holders amounts to RMB 1,809,129,400.00 (including tax) [2]. - The dividend distribution will be executed based on the A-share count registered on the equity registration date, which is set for July 10, 2025 [2][3]. - The last trading day before the dividend distribution is July 11, 2025, and the ex-dividend date is also July 11, 2025 [3]. Taxation Details - For individual A-share holders, dividends are subject to different tax treatments based on the holding period. Those holding shares for over one year will be exempt from individual income tax, receiving a net dividend of RMB 0.60506 per share [3][4]. - For shares held for less than one year, the tax rate varies: 20% for holdings of one month or less, and 10% for holdings between one month and one year [3][4]. - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax applied, resulting in a net dividend of RMB 0.54455 per share for those through the Shanghai-Hong Kong Stock Connect [5]. Contact Information - For further inquiries, investors can contact the company's board office at 010-84520883 [5].

Core Viewpoint - The article discusses the current state and future prospects of China's chemical new materials industry, highlighting the continuous expansion of production capacity, technological innovations, and the emergence of specialized chemical parks, while also addressing structural challenges and the need for high-quality development. Group 1: Industry Overview - In 2023, China's chemical new materials capacity reached approximately 49 million tons per year, with an output exceeding 36 million tons and a production value of over 1.37 trillion yuan, remaining stable compared to 2022, although lithium battery materials saw a decline from 540 billion yuan to 480 billion yuan [5][20]. - The chemical industry is experiencing a transition from high-speed growth to high-quality development, with total revenue of 15.95 trillion yuan in 2023, a decrease of 1.1% year-on-year, and total profits of 873.4 billion yuan, down 20.7% [20][21]. Group 2: Technological Innovations - Since the 13th Five-Year Plan, the chemical new materials sector has seen significant technological advancements, with breakthroughs in key technologies such as photovoltaic-grade EVA, optical-grade PMMA, and high-strength carbon fibers [7][8]. - A number of critical products have broken foreign monopolies and achieved industrialization, including HDI, PC, PPS, and electronic-grade chemicals [8][10]. Group 3: Key Players and Market Dynamics - Major companies in the sector include Sinopec, PetroChina, and China National Chemical Corporation, focusing on high-end polyolefins, synthetic rubber, and carbon fibers [11]. - Private enterprises are also making strides in specialized fields such as EVA, fluorinated chemicals, and nylon, contributing to the development of China's new materials industry [11]. Group 4: Specialized Chemical Parks - Several specialized chemical parks have emerged, such as the Shanghai Chemical Park and Ningbo Petrochemical Economic Development Zone, which are becoming core drivers for the development of new materials [11][12]. Group 5: Investment Trends and Policy Guidance - Under the guidance of industrial policies, there is a high investment enthusiasm in the chemical new materials sector, focusing on high-end polyolefins, engineering plastics, and functional films [17][23]. - The industry is urged to prioritize the import of high-potential products to address supply shortages and enhance domestic production capabilities [23][24]. Group 6: Challenges and Future Directions - The industry faces structural contradictions, including insufficient high-end supply and bottlenecks in key raw materials and technologies [18][20]. - The focus is shifting towards high-quality development, with an emphasis on enhancing product quality and meeting the growing domestic demand for high-performance materials [21][22].

重要内容提示： 每股分配比例 A 股每股现金红利0.60506元（含税） 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放 | | --- | --- | --- | --- | --- | | | | | | 日 | | Ａ股 | 2025/7/10 | － | 2025/7/11 | 2025/7/11 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 证券代码：600938 证券简称：中国海油 公告编号：2025-021 中国海洋石油有限公司 2024年 A 股末期股息分派实施公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 中国海洋石油有限公司（以下简称"公司"或"本公司"）本次末期股息分 配方案已经本公司2025 年 6 月 5 日的2024年度股东周年大会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 本公司港股股东的分红派息事宜不 ...

Core Viewpoint - The construction of the 7 tank and supporting facilities at the Meizhou Bay "Green Energy Port" (Fujian LNG) receiving station has officially commenced, marking the start of the largest single-tank LNG storage facility in China [1][3]. Group 1: Project Overview - The total investment for the 7 tank and supporting facilities project is approximately 1 billion yuan, with a designed capacity of 270,000 cubic meters, making it the largest ground full-containment LNG tank in the country [3]. - The Fujian LNG receiving station is a key national energy project, responsible for over 70% of natural gas supply in Fujian Province and serving as the sole gas source supplier for local gas-fired power plants [3]. Group 2: Environmental Impact - Since its inception in 2008, the Fujian LNG receiving station has supplied over 69 billion cubic meters of natural gas, significantly promoting the large-scale use of natural gas across various industries and improving the energy structure in Fujian Province [5]. - The promotion of natural gas has led to a reduction of 93 million tons of carbon dioxide, 650,000 tons of nitrogen oxides, and 1.35 million tons of sulfur dioxide, showcasing significant green and low-carbon effects [5]. Group 3: Future Plans - The completion of the 7 tank is expected to enhance the storage capacity of the Fujian LNG receiving station by approximately 30%, further strengthening the company's ability to manage regional peak demand, emergency reserves, and supply security in Fujian Province [5]. - The company aims to complete the mechanical work by the end of 2028, focusing on project management responsibilities and ensuring the stability of natural gas supply in the region [6].

Group 1 - The Cathay Securities CSI Hong Kong Stock Connect High Dividend Investment Index Fund (QDII) C has experienced a decline of 0.07% on July 1, with a latest net value of 1.13 yuan, marking a continuous drop for five trading days and a cumulative decline of 1.8% over the period [1] - The fund was established on January 1, 2025, with an initial scale of 0.06 billion yuan and has achieved a cumulative return of 13.34% since its inception [1] Group 2 - Current fund manager Zhang Jing holds a bachelor's degree in finance from the University of International Business and Economics and an MBA from Shanghai University of Finance and Economics, with extensive international experience in asset management [2] - The other fund manager, Deng Yakun, has a master's degree in computational finance from Carnegie Mellon University and has been with Cathay Securities since March 2021, focusing on quantitative investment [2] Group 3 - As of March 31, 2025, the top ten holdings of the Cathay Securities CSI Hong Kong Stock Connect High Dividend Investment Index Fund (QDII) C account for a total of 44.28%, with significant positions in COSCO Shipping Holdings (9.76%), Yancoal Australia (5.88%), and Orient Overseas International (3.94%) among others [3]

Group 1 - Recent high temperatures in multiple regions of China have made energy supply a top priority, with major energy and petrochemical companies actively ensuring energy security through gas-electric integration [1] - China National Petroleum Corporation's Jiangsu branch has established an integrated mechanism of "gas source guarantee + policy coordination + peak regulation linkage" to support the economic development of the Yangtze River Delta [1] - The Jiangsu company has implemented a "one factory, one policy" supply guarantee plan and established a provincial coordination mechanism for gas-electric linkage to ensure precise resource allocation [1] Group 2 - With rising temperatures leading to increased electricity demand, China National Offshore Oil Corporation (CNOOC) is leveraging its offshore gas fields to secure natural gas resources for summer energy supply [2] - CNOOC's Shenzhen branch is increasing production from nine offshore gas fields, ensuring stable and continuous gas supply to the Guangdong-Hong Kong-Macao Greater Bay Area, with over 28 million cubic meters of gas delivered daily [2] - CNOOC's Jinwan "Green Energy Port" has completed the unloading of five LNG import vessels since the start of summer, exporting 28,500 tons of natural gas to ensure stable supply during peak demand [2] Group 3 - China Energy Group's Datong company has achieved full-capacity operation of its thermal power units, marking the first time this year that all units are running without maintenance [3] - The Fujian company of China Energy Group reported a 38.7% year-on-year increase in electricity generation, with an average load factor of 87% and a market share of 113.6%, achieving record levels ahead of the summer peak [3] - The company is also preparing for extreme weather events, ensuring that its units can operate effectively during peak demand periods [3]

Group 1 - Hainan Free Trade Port has achieved breakthroughs in "zero tariffs" on imported raw materials and value-added processing policies, with the first "zero tariff" crude oil processing enterprise benefiting from a tax reduction of 2.368 million yuan [1] - The 20th batch of innovative cases for Hainan Free Trade Port has been released, focusing on seven key areas including education openness, business environment, consumer services, healthcare, and ethnic culture, aimed at addressing deep-seated development bottlenecks [2] Group 2 - China's first self-operated ultra-deepwater gas field, "Deep Sea No. 1," has fully commenced production with the successful opening of the last production well in its second phase, marking its fourth anniversary [5] Group 3 - The 2025 International Designer Competition in Hainan has been launched with a theme of "Digital Links the World, Design Empowers Going Global," introducing a "dual track + proposition system" to leverage digital technology in the design industry [7] - An international seminar on typhoon observation and a scientific experiment on near-shore typhoon intensity changes has been successfully held in Haikou, aiming to promote the establishment of a collaborative early warning mechanism for typhoons in the Asia-Pacific region [9]

Core Insights - The South China Sea's oil and gas exploration history reflects China's transformation from a "follower" to a "leader" in deep-sea oil and gas exploration technology, with over 25 billion tons of oil and gas resources discovered, surpassing the reserves of the entire Persian Gulf [2][4][12] Group 1: Exploration Achievements - In March 2025, CNOOC announced the discovery of the Huizhou 19-6 oil field, estimated at 1 billion tons, marking a significant milestone in China's decades-long efforts in the South China Sea [4] - The South China Sea's proven oil and gas reserves include 1.38 billion tons of crude oil and 5 trillion cubic meters of natural gas in the Pearl River Mouth Basin, and an estimated 1.3 billion tons of crude oil in the Zengmu Basin [4] Group 2: Technological Advancements - The introduction of the "Ocean Oil 981" platform revolutionized deep-sea exploration, enabling drilling at depths of up to 3,000 meters and revealing previously hidden oil and gas resources [6][10] - The "Ocean Oil 982" platform, known as the "underwater screwdriver," can autonomously drill and extract oil at depths of 3,000 meters, while the "Sea Base No. 1" platform, launched in October 2022, set records for height and weight in China's offshore oil production [10] Group 3: Engineering and Research Efforts - Chinese engineers, referred to as the "deep-sea daredevils," have overcome extreme conditions in the Huizhou 19-6 oil field, located over 5,400 meters underwater, utilizing self-developed technologies to tackle high-temperature and high-pressure drilling challenges [8][11] - The commitment to research and development in high-temperature and high-pressure drilling technology has led to significant breakthroughs, with thousands of drill bits discarded during the decade-long effort [11] Group 4: Strategic Importance - The development of oil and gas resources in the South China Sea is crucial for national energy security and plays a role in international political dynamics, with China actively safeguarding its interests against competing claims from countries like Vietnam and Malaysia [12] - China is also taking steps to establish itself as a rule-maker in international deep-sea exploration, moving away from reliance on Western-dominated regulations [12] Group 5: Environmental Considerations and Future Plans - Despite facing criticism from environmental organizations, China is implementing measures such as zero-discharge drilling fluids and 24-hour monitoring systems to ensure sustainable development [13] - By 2030, China plans to discover two to three additional billion-ton oil fields in the South China Sea, with infrastructure projects aimed at diversifying energy supply and achieving regional balance [13][15]

Core Viewpoint - The large-scale free medical consultation event organized by China National Offshore Oil Corporation (CNOOC) in Uganda demonstrates the company's commitment to social responsibility and strengthens the friendship between China and Uganda [1][3][5]. Group 1: Medical Assistance and Community Engagement - CNOOC Uganda invited the 24th batch of Chinese medical aid team to provide free medical services to over 700 local patients and health training to 12,000 residents [1][9]. - The event included donations of medical equipment and essential medicines to the local community, showcasing CNOOC's long-term support for public health in Uganda [7][9]. - Local residents expressed gratitude for the medical services, highlighting the positive impact on their health and well-being [11][13]. Group 2: Strengthening Bilateral Relations - The event is seen as a testament to the deep friendship between China and Uganda, with officials emphasizing the importance of such initiatives in enhancing bilateral cooperation [3][5]. - CNOOC's ongoing social responsibility projects are contributing to Uganda's economic and social development, reinforcing the comprehensive strategic partnership between the two countries [3][9]. - The local government hopes that the data collected from the medical consultations will help improve healthcare services in the region [7]. Group 3: Long-term Commitment to Local Development - CNOOC has been actively involved in various community development projects, including infrastructure improvements and health education, to enhance the living standards of local residents [9][13]. - The company aims to integrate its operations with local community needs, ensuring that the development of the oil field also benefits the local population [9][13]. - The ongoing medical initiatives reflect CNOOC's dedication to not only energy development but also to the well-being of the communities in which it operates [9][13].