Financial Data and Key Metrics Changes - The company reported a year-on-year increase in revenue for the Well Services segment, although profit saw a slight decrease [6][9] - In the Drilling Services segment, the number of operational days increased by 11% year-on-year, totaling 4,890 days [10][11] - Interest expenses increased by RMB 70 million year-on-year, attributed to debt repayment strategies from the previous year [17] Business Line Data and Key Metrics Changes - The Well Services segment showed a slight increase in revenue but a decrease in profit due to higher expenses and previous strong sales performance [6][8] - The Drilling Services segment benefited from increased workloads in Mainland China and Norway, offsetting declines in Saudi Arabia [11][12] - The Marine Support Services and geophysical acquisition segments are expected to see increased workloads, particularly in the South China Sea [16] Market Data and Key Metrics Changes - The company noted fluctuations in international oil prices, with a recent decline from USD 75 to USD 60, but prices have since rebounded to USD 70 [20][21] - The company is closely monitoring geopolitical risks and their impact on operations, emphasizing the importance of technology-driven strategies [22][24] Company Strategy and Development Direction - The company aims to enhance its technological capabilities and cost control measures to improve market positioning [2] - There is a focus on securing long-term contracts with larger, state-owned enterprises to mitigate external volatility [24] - The company plans to gradually increase shareholder returns after addressing debt repayment and refinancing arrangements [18][30] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining normal operations despite recent oil price fluctuations and geopolitical uncertainties [21][22] - The company anticipates a stable outlook for capacity utilization and workload for the remainder of 2025 [14][17] - Management highlighted the importance of efficiency improvements in manpower and equipment utilization to sustain profitability [23] Other Important Information - The profit tax rate decreased to 17% from 25%-30% last year, with management indicating this may not be a permanent trend [25][26] - R&D expenses are expected to remain flat in Q1, with a slight increase anticipated for the full year [30] Q&A Session Summary Question: What is the growth rate in terms of revenue for Well Services? - Management indicated a slight increase in revenue for the Well Services segment in Q1 year-on-year [6][9] Question: What are the reasons for the increase in operational days in Drilling Services? - The increase was attributed to contributions from Mainland China and Norway, despite a slight decline in Saudi Arabia [11][12] Question: What is the outlook for capacity utilization in 2025? - Management expects high capacity utilization levels to continue, influenced by positive developments in Norway and Mainland China [14][17] Question: How will fluctuations in oil prices impact operations? - The company has not been significantly impacted by recent oil price fluctuations and will adjust strategies as necessary [21][22] Question: What is the status of the parent company's shareholding increase plan? - The parent company plans to increase shareholding within a year, with details to be disclosed as required [30][31]

Financial Performance - Revenue for Q1 2025 reached RMB 10,797.5 million, a 6.4% increase compared to RMB 10,148.0 million in the same period last year[5] - Net profit attributable to shareholders was RMB 887.2 million, representing a 39.6% increase from RMB 635.5 million year-on-year[5] - Net profit excluding non-recurring gains and losses was RMB 960.2 million, up 46.4% from RMB 655.7 million in the previous year[5] - Basic and diluted earnings per share increased by 46.2% to RMB 0.19 from RMB 0.13 in the same period last year[5] - Total profit amounted to RMB 1,129.2 million, reflecting a year-on-year growth of 20.1%[15] - Net profit reached RMB 936.7 million, showing a significant year-on-year increase of 35.6%[15] - Operating profit for Q1 2025 was CNY 1,241,196,412, representing a 24.0% increase from CNY 1,001,144,665 in Q1 2024[24] - The total comprehensive income for Q1 2025 was CNY 927,917,809, compared to CNY 698,147,125 in Q1 2024[24] Assets and Liabilities - Total assets at the end of the reporting period were RMB 83,377.9 million, a 0.5% increase from RMB 82,947.7 million at the end of the previous year[6] - The total assets as of March 31, 2025, were RMB 83,377.9 million, compared to RMB 82,947.7 million at the end of 2024[19] - The total liabilities decreased to RMB 38,006.9 million from RMB 38,523.1 million at the end of 2024[20] - The total equity attributable to shareholders of the parent company was CNY 44,706,914,140, an increase from CNY 43,797,161,954 year-over-year[21] Cash Flow - The net cash flow from operating activities was a negative RMB 2,288.2 million, compared to a negative RMB 835.0 million in the same period last year[5] - Cash flow from operating activities showed a net outflow of CNY -2,288,151,342, worsening from CNY -834,951,230 in Q1 2024[25] - Cash flow from investing activities generated a net inflow of CNY 4,348,899,049, compared to a net outflow of CNY -333,915,883 in Q1 2024[26] Operational Highlights - The number of drilling service operating days increased to 4,889, up 11.4% from the previous year[16] - The utilization rate of self-elevating drilling platforms improved to 91.9%, an increase of 7.6 percentage points year-on-year[16] - The ship service business recorded 20,621 operating days, a substantial increase of 44.9% compared to the previous year[17] - The company operated 12 LNG-powered guard vessels, which cumulatively worked 1,065 days, reducing carbon emissions by approximately 12,000 tons annually[17] Strategic Focus - The company focused on enhancing international operations and improving resource integration, which contributed to profit growth[8] - The company is focusing on the development of intelligent equipment and low-carbon technologies to enhance core competitiveness and stabilize operational performance[15] Government Support - The company received government subsidies amounting to RMB 8,874,300, which are closely related to its normal business operations[7] - The company received CNY 5,525,000,000 from investment recoveries, significantly higher than CNY 3,000,000,000 in Q1 2024[26]

Financial Performance - The company's operating revenue for 2024 reached RMB 48,301.6 million, a 9.5% increase from RMB 44,108.6 million in 2023[23]. - Net profit attributable to shareholders for 2024 was RMB 3,137.0 million, reflecting a 4.1% increase compared to RMB 3,013.3 million in 2023[23]. - The total profit for 2024 was RMB 4,667.3 million, up by RMB 424.5 million, marking a 10.0% increase compared to the previous year[43]. - The net profit reached RMB 3,399.1 million, reflecting a year-on-year increase of RMB 116.5 million, or 3.5%[43]. - The company reported a total of RMB 10,148.0 million in revenue for Q1 2024, with a net profit of RMB 635.5 million[27]. - In Q2 2024, the revenue increased to RMB 12,380.5 million, with a net profit of RMB 956.9 million[27]. - The company recorded a net profit of RMB 752.9 million in Q4 2024, with total revenue for the quarter at RMB 14,640.1 million[27]. - The company's revenue for 2024 reached RMB 48,301.6 million, representing a year-on-year increase of 9.5%[64]. - The company achieved a comprehensive gross profit margin of 15.7% in 2024, which remained stable year-on-year[68]. - Domestic revenue accounted for 77.5% of total revenue, with a year-on-year increase of 8.0%[69]. - International revenue reached RMB 10,884.6 million, marking a year-on-year increase of 14.9%[69]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.2306 per share, totaling approximately RMB 1,100,329,115.20, which represents 35.08% of the net profit attributable to shareholders for the year[5]. - The cash dividend amount for the reporting period was approximately 1.1 billion RMB, which represents 35.08% of the net profit attributable to ordinary shareholders[199]. - Each share will receive a cash dividend of 2.306 RMB (including tax)[199]. - The company did not propose a plan for cash profit distribution despite having positive distributable profits[198]. - The company's cash dividend policy stipulates that the annual dividend level should not be less than 20% of the net profit for the year, provided that the company is profitable and has positive retained earnings[196]. Risk Management - The company faces significant risks including market competition risks due to uncertainties in the international oil and gas industry and health, safety, and environmental risks specific to offshore oilfield services[8]. - The company emphasizes the importance of risk awareness regarding forward-looking statements related to future plans and strategies[6]. - The company has implemented measures to enhance risk management and response capabilities across its operations[111]. - The company is exposed to foreign exchange risks due to its operations in multiple countries and holding of USD debt[109]. - The company may encounter asset impairment risks as competition intensifies in the oilfield services sector[110]. - The company has established a comprehensive risk management organization and conducts annual risk identification and assessment, reporting to the board[128]. Audit and Compliance - The company has received a standard unqualified audit report from Ernst & Young Hua Ming[4]. - The board of directors and senior management have confirmed the authenticity, accuracy, and completeness of the annual report[3]. - There were no instances of more than half of the directors being unable to guarantee the authenticity of the annual report[8]. - The company has maintained strict compliance with insider information management and has not identified any insider trading incidents during the reporting period[116]. - The board confirmed that there were no significant internal control deficiencies identified during the reporting period[152]. - The company has renewed its audit engagement with Ernst & Young for both domestic and international audits for the year 2024[143]. Technological Innovation and Development - The company is focusing on technological innovation and cost control to enhance its market position amid a complex global economic environment[43]. - The "璇玑" system achieved its second "thousand-million milestone" within a year, indicating significant progress in technology development[39]. - The company aims to achieve high-quality development and a solid foundation for the "十四五" planning goals by 2025[42]. - The company is investing in R&D, allocating $G million towards the development of new technologies and services[167]. - Research and development expenses increased to RMB 1,384.9 million, up 10.4% from the previous year[65]. - The company is focusing on new product development, particularly in the offshore drilling technology sector[169]. Market Expansion and Strategy - The company successfully entered the African market and expanded its customer base in Southeast Asia, enhancing its market penetration[52]. - The company is actively pursuing sustainable solutions to reduce carbon footprints in response to stricter environmental regulations[101]. - The company aims to enhance its integrated service capabilities throughout the oilfield lifecycle, focusing on customer demand[106]. - The company is considering strategic acquisitions to enhance its market position, targeting a deal valued at approximately $200 million[168]. - Market expansion plans include entering three new international markets by the end of 2024[168]. Governance and Management - The board consists of 8 directors, with 1 female director, representing 12.5% gender diversity, and the female director serves as the chair of the audit committee[124]. - The company has established a legal compliance and risk management committee, chaired by the chairman and CEO, to oversee risk management efforts[126]. - The independent directors have fulfilled their responsibilities and ensured the protection of minority shareholders' rights[197]. - The company has established 14 internal control systems covering all levels from headquarters to domestic and overseas units, ensuring compliance and effectiveness[127]. - The company has a comprehensive employee welfare system, including health check-ups and paid leave[194]. Employee and Workforce Management - The total number of employees in the parent company is 13,350, and in major subsidiaries, it is 2,159, totaling 15,509 employees[192]. - The company has a diverse employee composition, with 1,467 holding master's degrees or above, and 7,884 holding bachelor's degrees[192]. - The company has established a dynamic distribution mechanism for salary, emphasizing the importance of grassroots employees[194]. - The training program focuses on enhancing political, management, and professional capabilities to support sustainable high-quality development[194]. Environmental and Sustainability Initiatives - The company aims to enhance its ESG governance by focusing on environmental protection and carbon emissions, aligning with regulatory requirements[143]. - The company is committed to green and low-carbon development, promoting industrial transformation and upgrading[106]. - Future guidance indicates a focus on sustainability initiatives, with a commitment to reduce carbon emissions by I% over the next five years[170].

(Incorporated in the People's Republic of China as a joint stock limited liability company) （在中華人民共和國註冊成立的股份有限公司） （Stock Code 股份代號：2883） Dear registered shareholder(s), 16 April 2025 Reminder letter regarding the Arrangement of Electronic Dissemination of Corporate Communications (Note 1) With reference to the notification letter dated 28 February 2024 titled "Arrangement of Electronic Dissemination of Corporate Communications", China Oilfield Services Limited (the "Company") is writing to remind you that t ...

2024 年度报告 中海油田服务股份有限公司（以下简称「公司」，「集团」或「中海油服」）在香港联合交易所（香港股票代码 ：2883）和上 海证券交易所（上海股票代码 ：601808）上市，是全球最具规模的综合型油田服务供应商之一，服务贯穿石油及天 然气勘探、开发及生产的各个阶段。 业务表现 2024年，中海油服通过四大板块（钻井服务、油田技术服务、船舶服务、物探采集和工程勘察服务）的 业务向客户提供在石油及天然气勘探、开发与生产的各个阶段所需的单一业务作业服务、捆绑服务、 一体化服务及总承包作业服务。此外，公司在社会和环境等更广泛的营运层面的表现达到了公司预期 目标。详细信息请参见本年度报告财务报告部分和本公司在香港联合交易所网站披露的《2024年环境、 社会及管治(ESG)报告》。 前景展望 我们在中国市场份额稳固 ；在亚太、中东、美洲、欧洲、非洲等地区积极开拓海外市场，为持续拓 展业务提供了强大的平台。 我们遇到的挑战和风险因地而异，其中不少是油田服务行业的性质使然，包括不明朗的政治和法制 环境、深水及海外运营带来的风险。公司在油田服务方面具有多年经验，凭借对中国市场的充分掌 握，以及严谨的风险管理方针， ...

Dear non-registered shareholder(s), 16 April 2025 Reminder letter regarding the Arrangement of Electronic Dissemination of Corporate Communications (Incorporated in the People's Republic of China as a joint stock limited liability company) （在中華人民共和國註冊成立的股份有限公司） （Stock Code 股份代號：2883） If the Company does not receive your functional email address from the Intermediaries, until such time that the functional email address is provided to the Intermediaries, you will need to proactively check the Company's websit ...

Financial Performance - In 2024, the total revenue reached RMB 48,218.1 million, representing a 9.5% increase from RMB 44,042.2 million in 2023[18] - The operating profit for 2024 was RMB 5,047.6 million, a 4.0% increase from RMB 4,855.2 million in 2023[18] - The annual profit rose to RMB 3,399.1 million, reflecting a 3.5% increase compared to RMB 3,282.6 million in 2023[18] - Basic earnings per share increased by 4.1% to RMB 65.74 from RMB 63.15 in the previous year[18] - The net profit for 2024 was RMB 3,399.1 million, up RMB 116.5 million, reflecting a growth of 3.5% compared to the previous year[32] - The total operating expenses for 2024 were RMB 43,497.6 million, an increase of RMB 4,000.9 million or 10.1% compared to RMB 39,496.7 million in 2023[75] - The pre-tax profit for 2024 was RMB 4,667.3 million, an increase of RMB 424.4 million compared to RMB 4,242.9 million in 2023[95] - The net financial expenses decreased by RMB 228.6 million, or 26.8%, totaling RMB 624.2 million in 2024[93] Revenue Segmentation - Domestic business revenue was RMB 37,333.5 million, up 8.0% from RMB 34,571.9 million in 2023, while international business revenue increased by 14.9% to RMB 10,884.6 million from RMB 9,470.3 million[18] - The drilling services segment generated revenue of RMB 13,182.3 million in 2024, a 9.4% increase from RMB 12,051.2 million in 2023[35] - The oilfield technology services business achieved revenue of RMB 27,610.3 million in 2024, a 7.4% increase from RMB 25,717.5 million in 2023[43] - The ship service business generated revenue of RMB 4,760.9 million in 2024, reflecting a 20.9% growth compared to RMB 3,938.8 million in 2023[49] - The geophysical exploration and engineering survey services business reported revenue of RMB 2,664.6 million in 2024, up 14.1% from RMB 2,334.7 million in 2023[56] Market Expansion and Strategy - The company aims to strengthen its position in the oilfield service market while expanding into international markets across Asia-Pacific, Middle East, Americas, Europe, and Africa[7] - The company is focusing on expanding its overseas market presence, particularly in high-value long-term drilling projects in South America and Southeast Asia[37] - The company plans to continue expanding its market presence and enhancing its technological capabilities to drive future growth[66] - The company plans to allocate approximately RMB 7.2 billion for capital expenditures in 2025, focusing on equipment investment and technology upgrades[112] - The company is considering strategic acquisitions to bolster its product offerings, with a budget of $100 million allocated for potential deals[7] Operational Efficiency and Technological Development - The company is focused on technological advancements and cost leadership as part of its five strategic development goals[8] - The company aims to enhance its core business and improve operational efficiency through organizational reforms and a modern governance system[28] - The company is investing $50 million in R&D for new technologies aimed at enhancing operational efficiency[5] - The company is actively involved in the development of new technologies and products to improve service offerings[200] - The company is committed to enhancing its ESG governance, focusing on environmental protection and carbon emissions, and is actively researching and applying green low-carbon technologies[149] Governance and Compliance - The company has established 14 internal control systems covering all levels from headquarters to domestic and overseas units, ensuring compliance and effectiveness[129] - The independent directors effectively fulfilled their responsibilities, providing professional opinions on financial reporting, related transactions, and risk management[123] - The company has a risk management organization that conducts annual risk identification and assessment, reporting to the board quarterly[130] - The company’s governance practices are regularly reviewed to ensure compliance with corporate governance codes and regulations[134] - The company received multiple awards for its corporate governance and ESG practices in 2024, reflecting its commitment to sustainable development[118] Shareholder Engagement and Communication - The company has organized multiple investor communication events, including annual and quarterly earnings presentations, to engage with shareholders and address their concerns[154] - The company has established clear procedures for shareholders to request extraordinary general meetings and access company information, ensuring shareholder rights are protected[153] - The company has a dedicated team for investor relations, providing contact information and facilitating communication through its website[154] Future Outlook - The global oilfield services market is expected to grow by 2.2% in 2025, with upstream investment growth slowing down[113] - Future outlook includes a commitment to sustainable practices and innovation in the oil and gas sector[200] - The company plans to leverage its expertise in geophysical services to capture new market opportunities[200]

董事会管理层代表他们分别是董事长兼首席执行官赵顺昌先生独立非执行董事赵立均女士副总裁兼董事会秘书孙伟洲先生 首席财务官 谢静先生 亲自来说一下这次设计灾难游行是全球最具规模的油田服务供应商之一不论贯穿石油及新能体勘探 参发及生产的各个阶段业务分为勿探钢厂服务 赠金服务 油田技术服务及船舶服务四大类在公司五大发展战略的执行下2024年公司保持了稳重向好的良好发展态势中国实力继续优秀国内外品牌影响力和价值不断扩大 这本书是由国际食品服务商提供的书籍,其服务涵盖了全球的食品和物质的研究,发展和生产,并提供了四项主要项目,包括物质购买和保险服务,钓鱼服务,技术服务 字幕由Amara.org社区提供 今天的发布会共有两个部分首先首席财务官谢迪先生将为大家介绍公司二零二四年年度业绩情况然后是知围交流环节接下来我们有请首席财务官谢总为大家介绍预计材料 路海游服给大家介绍2024年公司的经营业绩那么在正式介绍前呢还是提醒您留意本页关于本次会议材料的一个免费说明今天展示的内容呢主要有两部分一个呢就是2024年的业绩回顾另外一个呢就是公司未来发展的一个展望回顾2024年前年布林特的这个全程油价大概还是在80美元从高位增长2024 ...

证券代码：601808 证券简称：中海油服 公告编号：临2025-010 中海油田服务股份有限公司 关于召开 2025 年第一季度业绩说明会的公告 特别提示 本公司拟于 2025 年 4 月 23 日在上海证券交易所网站（http://www.sse.com.cn）发 布本公司 2025 年第一季度报告。为了便于广大投资者更全面深入地了解本公司 2025 年第一季度业绩和经营情况，本公司拟于 2025 年 4 月 23 日 17:30-18:30 召开业绩说 明会，就投资者普遍关心的问题进行交流。 一、业绩说明会类型 1 会议召开时间：2025年4月23日（星期三）17:30-18:30 会议召开方式：电话会议 电话会议拨入号码： 如投资者决定通过电话参加会议，请联系SPRG_COSL@sprg.com.hk或致电（852） 2114 2825、（852）2864 4894获取电话会议拨入密码。 投资者可于2025年4月18日（星期五）23:59前将相关问题通过电子邮件的形式发 送至中海油田服务股份有限公司（下称"本公司"或"公司"）投资者关系邮 箱：cosl@cosl.com.cn。本公司将于2025年第一 ...

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