香港交易及结算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 董事會會議通知 巨濤海洋石油服務有限公司（「本公司」）董事會（「董事會」）謹此宣佈，將於 2025 年 8 月 26 日（星期二）舉行董事會會議，藉以（其中包括）考慮及批准本公司及 其附屬公司截至 2025 年 6 月 30 日止六個月之未經審核中期業績及公告，以及其他事項 （如有）。 承董事會命 巨濤海洋石油服務有限公司 主席 王立山 香港，2025年8月12日 於本公佈刊發日期，執行董事為王立山先生（主席）及唐暉先生；獨立非執行董事為蔡素玉女士、 譚健業先生、張雅達先生及張華先生。 巨 濤 海 洋 石 油 服務 有 限 公 司 Jutal Offshore Oil Services Limited (在開曼群島註冊成立的有限公司) (股份代號: 03303) ...

Core Viewpoint - The company, Giant Tide Offshore Oil Services (03303.HK), anticipates a significant decline in profit for the six months ending June 30, 2025, projecting a profit attributable to shareholders between approximately RMB 40 million and RMB 70 million, which represents a decrease of about 77.44% to 60.52% compared to the profit of RMB 177 million for the six months ending June 30, 2024 [1] Summary by Category - **Profit Forecast**: The company expects a profit range of RMB 40 million to RMB 70 million for the upcoming period [1] - **Comparison with Previous Period**: This forecast indicates a substantial decrease from the previous year's profit of RMB 177 million, reflecting a decline of approximately 77.44% to 60.52% [1] - **Reason for Decline**: The board attributes the decrease in profitability primarily to a significant reduction in the workload related to construction sites compared to the same period last year [1]

Core Viewpoint - The company, CNOOC Services (03303), anticipates a significant decline in profit for the six months ending June 30, 2025, with expected earnings of approximately RMB 40 million to 70 million, representing a year-on-year decrease of about 77.44% to 60.52% [1] Summary by Category - **Profit Forecast**: The company expects to achieve a profit attributable to shareholders of approximately RMB 40 million to 70 million for the upcoming six-month period [1] - **Year-on-Year Comparison**: This forecast indicates a substantial decrease in profit compared to the same period last year, with a decline estimated between 77.44% and 60.52% [1] - **Reason for Decline**: The board attributes the decrease in earnings primarily to a significant reduction in the workload at the construction site compared to the previous year [1]

Core Viewpoint - The company, CNOOC Services (03303), anticipates a significant decline in net profit for the six months ending June 30, 2025, with expected earnings between RMB 40 million to 70 million, representing a year-on-year decrease of approximately 77.44% to 60.52% [1] Financial Performance - The projected net profit for the upcoming period is estimated to be between RMB 40 million and 70 million [1] - This represents a substantial decrease compared to the previous year, with a decline of about 77.44% to 60.52% [1] Operational Factors - The board attributes the decline in profitability primarily to a significant reduction in the workload at the construction site compared to the same period last year [1]

香港交易及结算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任 何損失承擔任何責任。 (在開曼群島註冊成立的有限公司) (股份代號: 03303) 承董事會命 巨濤海洋石油服務有限公司 主席 王立山 盈利警告 巨濤海洋石油服務有限公司（「本公司」），連同其附屬公司（統稱「本集團」）謹根據香港 聯合交易所有限公司證券上市規則（「上市规则」）第13.09(2)(a)條及香港法例第571章證券 及期貨條例第XIVA部之內幕消息條文的規定作出本公佈。 本公司董事會（「董事會」）謹此知會本公司股東及有意投資者，根據本公司管理層目前掌 握的資料，預期截至2025年6月30日止六個月或錄得本公司擁有人應佔期內溢利介乎約人民幣 40,000,000元至人民幣70,000,000元之間，較截至2024年6月30日止本公司擁有人應佔期內溢利 （人民幣177,309,000元）減少約77.44%至約60.52%。根據本公司當前掌握的資料，董事會認 爲盈利下降的原因主要是由於本集團建造場地的工作量與去年同期相比 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 巨濤海洋石油服務有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03303 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 4,000,000,000 | HKD | | 0.01 | HKD | | 40,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 4,000,000,000 | HKD | | 0.01 | HKD | | 40,000,000 | 本月底法定/註冊 ...

Company Overview - Giant Offshore Oil Services Co., Ltd. was established in Shenzhen in 1995 and listed on the Hong Kong Stock Exchange in 2006, focusing on global energy development and utilization [3] - The company operates in multiple locations including Zhuhai, Penglai, Shenzhen, Dalian, and Tianjin, with a production area of over 1.5 million square meters and more than 3,000 employees [3] - Main business activities include marine engineering, offshore and onshore modules, oil platform and ship engineering, petrochemicals, oil and gas processing, new energy equipment, and mechanical product construction, maintenance, and technical support [3] Financial Performance - As of December 31, 2024, the company reported total revenue of 2.079 billion yuan, a year-on-year decrease of 19.78% [1] - The net profit attributable to shareholders was 185 million yuan, down 27.42% year-on-year [1] - The gross profit margin stood at 27.28%, and the debt-to-asset ratio was 30.43% [1] Market Position and Valuation - The company has a price-to-earnings (P/E) ratio of 6.72, ranking 9th in the oil and gas industry, which has an average P/E ratio of -3.47 and a median of 4.1 [2] - Other companies in the industry have varying P/E ratios, with some significantly lower than that of Giant Offshore Oil Services [2] Industry Recognition and Achievements - The company has successfully delivered major projects such as the GCGV olefin facility module, Petrobras FPSO module, and offshore wind power jacket structures in China and Europe [4] - It has received multiple awards for project delivery and safety, including the Best Module Construction Site Award for the GCGV project and the Outstanding Safety Quality Delivery Award from Chevron [4]

Group 1 - China's investment and construction projects in the energy sector for Saudi Arabia, Iraq, UAE, Kuwait, Qatar, and Angola from 2020 to 2024 total $50.28 billion, with major oil and gas projects accounting for $29.15 billion, showing a year-on-year increasing trend [1] - The oil service equipment industry has high standards, long application cycles, and requires dual certification from both the industry and clients, creating significant technical barriers and a favorable competitive landscape [1] - Leading domestic oil service equipment companies, such as Jereh and Neway, have seen explosive growth in orders from the Middle East, with Jereh's orders in the region expected to double in 2024 and Neway's overseas orders increasing by 60% in Q1 2025, with Middle East and Africa orders making up 44% of the total [1] Group 2 - The long-term energy transition concerns have led oil companies to favor the development of offshore oil and gas resources, which have superior resource endowments and lower barrel costs, as oil prices remain stable [2] - The development of offshore oil and gas resources is gaining momentum, with advancements in technology and equipment enhancing the competitiveness of China's oil service industry in international markets [2] - It is recommended to focus on resource stocks and oil service stocks that demonstrate stable performance [2] Group 3 - Related Hong Kong-listed companies in the oil service sector include CNOOC Services (02883), Sinopec Oilfield Services (01033), Giant Oilfield Services (03303), Anton Oilfield Services (03337), and Honghua Group (00196) [3]

Core Viewpoint - The company, Giant Tide Offshore Oil Services, reported a decline in revenue and net profit for the fiscal year 2024, while showing significant improvement in cash flow from operating activities [2]. Financial Performance - The total revenue for 2024 was 2.106 billion yuan, a year-on-year decrease of 19.69% [2]. - The net profit attributable to shareholders was 185 million yuan, down 27.42% compared to the previous year [2]. - The net cash flow from operating activities was 477 million yuan, reflecting a year-on-year increase of 66.25% [2]. - The basic earnings per share were 0.0904 yuan, and the weighted average return on equity was 8.75%, a decrease of 4.73 percentage points from the previous year [2][23]. Valuation Metrics - As of April 30, the price-to-earnings ratio (TTM) was approximately 6.93 times, the price-to-book ratio (TTM) was about 0.59 times, and the price-to-sales ratio (TTM) was around 0.62 times [2]. Revenue Composition - The revenue composition for 2024 included segments from oil and gas industry equipment engineering and comprehensive services, as well as new energy and refining industry equipment engineering and comprehensive services [13][18]. Cash Flow and Financial Position - The net cash flow from financing activities was -374 million yuan, a decrease of 210 million yuan year-on-year, while the net cash flow from investing activities was -79.01 million yuan [27]. - As of the end of 2024, accounts receivable and notes receivable decreased by 74.57%, while cash and cash equivalents increased by 5.72% [37]. Liabilities and Ratios - The company saw a significant reduction in contract liabilities by 90.61% and long-term borrowings by 86.59% [40]. - The current ratio was 2.05, and the quick ratio was 1.94 as of the end of 2024 [43].

Financial Performance - In 2024, the company reported a gross profit of RMB 254,989,000, a decrease from RMB 185,066,000 in 2023 and RMB 208,234,000 in 2022[9]. - The company recorded a revenue of approximately RMB 2,079,022,000 in 2024, a decrease of about 19.78% or approximately RMB 512,751,000 compared to 2023[23]. - The company's gross profit for 2024 was approximately RMB 567,158,000, a decrease of about 13.46% or approximately RMB 88,232,000 compared to 2023, with an overall gross margin increase from 25.29% to approximately 27.28%[27]. - Administrative and other operating expenses increased by approximately 34.78% or about RMB 94,159,000, totaling approximately RMB 364,903,000 in 2024[31]. - The company reported a profit attributable to owners of approximately RMB 185,066,000 in 2024, down from RMB 254,989,000 in 2023, with basic and diluted earnings per share of approximately RMB 9.04 and RMB 8.96 respectively[33]. - The company reported a significant goodwill allocation of RMB 52,444,000 related to its offshore oil and gas equipment manufacturing business[165]. - The company’s total equity as of December 31, 2024, was RMB 2,175,401 thousand, an increase from RMB 2,011,739 thousand in 2023, representing a growth of approximately 8.1%[188]. Dividends and Share Capital - The board of directors did not recommend a final dividend for the year ending December 31, 2024[11]. - The company does not have a preset dividend payout ratio, and the board will consider various factors, including financial performance and cash flow, when recommending dividends[67]. - The company's authorized share capital is HKD 40,000,000, comprising 4,000,000,000 ordinary shares[71]. - As of December 31, 2024, the company's share capital consists of 2,131,598,389 ordinary shares, an increase from 1,981,598,389 ordinary shares in 2023[72]. Market and Strategic Developments - The company faced challenges due to geopolitical conflicts and was listed on the OFAC's Specially Designated Nationals list, impacting client relationships and potential orders[15]. - In the second half of 2024, the company established a detailed design department to enhance its module business capabilities and drive strategic transformation[17]. - The company plans to construct a new terminal in Zhuhai to meet the capacity demands for future large projects and wind power construction projects[20]. - The company has established a dedicated market business team to strategically deploy business opportunities in various regional markets, focusing on offshore wind power equipment manufacturing as a key development direction[23]. - The company anticipates significant market opportunities in the offshore wind power sector in the coming years, driven by technological innovation and policy support[19]. Operational Efficiency and Safety - The company emphasized cost reduction and efficiency improvements, promoting domestic material substitution and optimizing operational processes[18]. - The company achieved a zero incident rate for work-related injuries over the past ten years, accumulating 133 million safe working hours[18]. - The company maintained a strong focus on safety management, integrating safety with production management, and achieved high customer satisfaction[18]. Financial Position and Liquidity - As of December 31, 2024, the company had cash and cash equivalents of approximately RMB 785,161,000, an increase from RMB 752,805,000 in 2023[34]. - The company has approximately RMB 200,000,000 in available bank credit as of December 31, 2024, compared to RMB 104,290,000 in 2023[34]. - The company's capital debt ratio decreased to 4.87% in 2024 from 16.56% in 2023, primarily due to a reduction in bank loans and lease liabilities, along with an increase in total equity[43]. - Current liabilities decreased to RMB 858,794 thousand in 2024 from RMB 1,781,239 thousand in 2023, indicating improved liquidity[184]. - Non-current liabilities decreased significantly to RMB 92,921 thousand in 2024 from RMB 292,021 thousand in 2023[186]. Employee and Corporate Governance - The total number of employees as of December 31, 2024, was 2,181, down from 2,281 in 2023, indicating a reduction of approximately 4.39%[44]. - The company emphasizes the importance of employee welfare, offering reasonable compensation and benefits, and has established various training programs to enhance employee skills[56]. - The company has established a Diversity Policy for the Board, focusing on various criteria including gender, age, and professional experience to ensure a balanced composition[153]. - The company has adopted the Corporate Governance Code to enhance transparency and protect shareholder rights[131]. - The board confirmed that all independent non-executive directors are independent according to Listing Rule 3.13[134]. Environmental and Social Responsibility - The company has implemented a consistent environmental policy and waste management regulations to control its operational environmental impact[60]. - The company has achieved OHSAS18001:2007 certification for its occupational health and safety management system, ensuring a safe working environment[61]. - The board of directors is responsible for overseeing the company's policies and performance related to environmental, social, and governance issues[60]. Audit and Compliance - The auditor, Deloitte (Hong Kong) Limited, was reappointed at the last annual general meeting[128]. - The Audit Committee held three meetings during the reporting year to review financial data, discuss risk management, and evaluate the effectiveness of internal controls[148]. - The company has established a comprehensive internal management system to manage risks and ensure compliance, with financial departments monitoring financial risks[143]. Share Options and Rewards - The company adopted a share reward plan on March 18, 2024, which will be effective for ten years and will not involve the issuance of new shares[97]. - A total of 66,000,000 shares were granted as rewards on May 21, 2024, representing 3.10% of the company's total issued shares as of December 31, 2024[101]. - The 2024 Share Option Scheme aims to reward and retain participants, aligning their interests with those of shareholders[83].