Group 1 - The company, CNOOC Oilfield Services (02883.HK), announced that it will hold a board meeting on August 26, 2025, to review and potentially approve its interim results for the six months ending June 30, 2025 [1]

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Market Performance - The oil service engineering sector rose by 0.6% on August 6, with CNOOC Services leading the gains [1] - The Shanghai Composite Index closed at 3633.99, up 0.45%, while the Shenzhen Component Index closed at 11177.78, up 0.64% [1] Individual Stock Performance - Notable gainers included: - CNOOC Services (601808) at 14.04, up 1.23% with a trading volume of 80,500 shares and a turnover of 112 million yuan [1] - Zhongman Petroleum (603619) at 19.32, up 1.20% with a trading volume of 81,000 shares and a turnover of 156 million yuan [1] - Huibo Yin (002554) at 2.91, up 1.04% with a trading volume of 280,000 shares and a turnover of 81.09 million yuan [1] Capital Flow Analysis - The oil service engineering sector experienced a net outflow of 58.64 million yuan from institutional investors and 28.80 million yuan from retail investors, while retail investors saw a net inflow of 87.44 million yuan [2] - Individual stock capital flows showed: - Zhongyou Engineering (600339) had a net inflow of 6.99 million yuan from institutional investors [3] - Huibo Yin (002554) had a net inflow of 3.08 million yuan from retail investors [3] - CNOOC Services (601808) saw a net outflow of 6.14 million yuan from institutional investors [3]

Core Viewpoint - The case of Li Yong, former Deputy Secretary of the Party Group and General Manager of China National Offshore Oil Corporation (CNOOC), has been adjudicated, resulting in a 14-year prison sentence for bribery and a fine of 3 million RMB [1][2]. Group 1 - Li Yong was found guilty of accepting bribes totaling over 67.94 million RMB from 1996 to 2023 while holding various senior positions within CNOOC [1]. - The court determined that Li Yong's actions constituted a particularly large amount of bribery, warranting legal punishment [2]. - Mitigating factors included Li Yong's confession, cooperation with authorities, and full restitution of the illicit gains, which led to a lighter sentence [2].

Core Viewpoint - The China Securities Index for Hong Kong Stock Connect Energy Composite Index has shown significant growth, with a 7.12% increase over the past month, 17.31% over the past three months, and a 5.25% increase year-to-date [1]. Group 1: Index Performance - The China Securities Index for Hong Kong Stock Connect Energy Composite Index reported a value of 3323.71 points [1]. - The index is based on a sample of all securities classified under the China Securities Industry Classification Standard, reflecting the overall performance of different industry securities within the Hong Kong Stock Connect [1]. Group 2: Index Composition - The top ten weighted stocks in the index include: China Petroleum (14.55%), China Shenhua (14.48%), CNOOC (14.32%), Sinopec (14.25%), China Coal Energy (13.01%), Yancoal Australia (5.42%), China Oilfield Services (3.99%), Shougang Resources (1.89%), and Mongol Mining (1.61%) [1]. - The index is composed entirely of stocks listed on the Hong Kong Stock Exchange [2]. Group 3: Sector Allocation - The sector allocation within the index shows that coal accounts for 43.49%, integrated oil and gas companies for 28.79%, oil refining for 17.04%, oilfield services for 3.99%, coke for 3.50%, oil and gas extraction for 1.80%, and oil and gas circulation and others for 1.39% [2]. - The index samples are adjusted biannually, with adjustments occurring on the next trading day following the second Friday of June and December [2].

Core Viewpoint - The article discusses the sentencing of Li Yong, former Deputy Secretary of the Party Committee and General Manager of China National Offshore Oil Corporation (CNOOC), for accepting bribes totaling over 67.94 million RMB, highlighting issues of corruption within state-owned enterprises [1][3]. Summary by Sections Case Details - Li Yong was sentenced to 14 years in prison and fined 3 million RMB for accepting bribes [1]. - The court found that from 1996 to 2023, Li Yong used his positions in various capacities within CNOOC to facilitate business for certain enterprises and individuals, receiving illegal benefits totaling over 67.94 million RMB [3]. Court Ruling - The court deemed Li Yong's actions as constituting a particularly large amount of bribery, warranting legal punishment [3]. - Mitigating factors included his confession, cooperation with the investigation, and full restitution of the illicit gains, which led to a lighter sentence [3].

Core Points - The case involves Li Yong, former Deputy Secretary of the Party Committee and General Manager of China National Offshore Oil Corporation (CNOOC), who was sentenced to 14 years in prison for bribery and fined 3 million RMB [1][2] - Li Yong was found guilty of accepting bribes totaling over 67.94 million RMB from 1996 to 2023 while holding various senior positions within CNOOC [1] - The court acknowledged Li Yong's cooperation during the investigation, including confessing to his crimes and returning all illicit gains, which contributed to a lighter sentence [2] Company and Industry Summary - Li Yong's actions were characterized by extensive corruption, including collusion with illegal businessmen and engaging in money and sex transactions, which raises concerns about governance within state-owned enterprises in the oil sector [1] - The case highlights the ongoing issues of corruption in China's energy industry, particularly within major state-owned companies like CNOOC, which may impact investor confidence and regulatory scrutiny [1][2] - The legal proceedings and outcomes reflect the Chinese government's commitment to combating corruption, especially in key industries, which could lead to stricter regulations and oversight in the future [2]

Core Points - The case involves Li Yong, former Deputy Secretary of the Party Committee and General Manager of China National Offshore Oil Corporation (CNOOC), who was sentenced to 14 years in prison for accepting bribes totaling over 67.94 million yuan [1] - The court found that from 1996 to 2023, Li Yong used his positions within CNOOC to provide assistance to certain enterprises and individuals in business agency and product sales, in exchange for illegal financial benefits [1] - The court acknowledged Li Yong's cooperation during the investigation, including confessing to his crimes and revealing additional bribery facts, which contributed to a lighter sentence [1] Company and Industry Summary - Li Yong held multiple significant positions within CNOOC, including Director of the Exploration Department, General Manager of the Tianjin Branch, and CEO of CNOOC Services, indicating a high level of influence within the company [1] - The case highlights issues of corruption within state-owned enterprises in China, particularly in the oil and gas sector, which may impact investor confidence and regulatory scrutiny [1] - The court's decision to impose a fine of 3 million yuan in addition to the prison sentence reflects the government's stance on combating corruption in the industry [1]

Core Viewpoint - The case of Li Yong, former Deputy Secretary of the Party Committee and General Manager of China National Offshore Oil Corporation (CNOOC), highlights significant corruption within the company, resulting in a 14-year prison sentence and a fine of 3 million RMB for accepting bribes totaling over 67.94 million RMB [1][3][5] Group 1 - Li Yong was found guilty of accepting bribes from 1996 to 2023, leveraging his various positions within CNOOC to assist companies and individuals in business dealings, resulting in illegal gains of over 67.94 million RMB [3][5] - The court deemed Li Yong's actions as particularly egregious due to the substantial amount of bribes involved, warranting severe punishment [5] - Mitigating factors included his confession, cooperation with authorities, and full restitution of the illicit gains, which led to a reduced sentence [5]

据央视新闻消息，2025年8月5日，湖北省襄阳市中级人民法院公开宣判中国海洋石油集团有限公司原党 组副书记、总经理李勇受贿一案，对被告人李勇以受贿罪判处有期徒刑十四年，并处罚金人民币三百万 元；对其受贿所得财物及其孳息依法予以追缴，上缴国库。 襄阳市中级人民法院认为，被告人李勇的行为构成受贿罪，受贿数额特别巨大，应依法惩处。鉴于李勇 到案后如实供述罪行，主动交代办案机关尚未掌握的部分受贿事实；揭发他人犯罪行为，经查证属实， 具有立功表现；认罪悔罪，积极退赃，赃款赃物及孳息已全部追缴，依法可予从轻处罚。法庭遂作出上 述判决。 (总台央视记者奚丹霓张赛) 经审理查明：1996年至2023年，被告人李勇利用担任中国海洋石油总公司勘探部综合技术处处长、钻井 试油处处长，中国海洋石油有限公司钻井完井办主任，中海石油(中国)有限公司天津分公司副总经理、 总经理、党委书记，中海油田服务股份有限公司执行副总裁、总裁、首席执行官、党委书记，中国海洋 石油集团有限公司党组副书记、总经理等职务上的便利，为有关企业和个人在业务代理、产品销售等事 项上提供帮助，直接或通过他人非法收受财物共计折合人民币6794万余元。 ...