股票代码：600028 股票简称：中国石化 公告编号：2025-49 中国石油化工股份有限公司 关于股份回购实施结果暨股份变动的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： | 回购方案首次披露日 | 2025/8/22 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 月 2025 8 11 | 21 | 日~2025 | 年 | 月 20 | 日 | | 预计回购金额 | 50,000万元~100,000万元 | | | | | | | 回购价格上限 | 8.72元/股 | | | | | | | 回购用途 | □减少注册资本 □用于员工持股计划或股权激励 | | | | | | | | √为维护公司价值及股东权益 | | | | | | | 实际回购股数 | 89,349,476股 | | | | | | | 实际回购股数占总股本比例 | 0.07% | | | | | | | 实际回购金额 | 500 ...

2025 年出现"双重拉尼娜"的条件在不断被强化，25 年冬季或将迎来极寒 天气，冷冬预期下天然气采暖季需求有望显著增长。在销量方面，作为国内天 然气产销龙头，"三桶油"不断加强市场开拓，天然气销量快速增长。在销售 定价环节，"三桶油"天然气业务充分受益于天然气市场化改革，随着国内天 然气市场化改革深化，"三桶油"天然气销售环节受管制比例有望持续下降， 非管制部分价格弹性有望持续提升，天然气盈利能力有望持续向好。25Q4 采 暖季来临，"三桶油"天然气业务有望贡献较高经营利润，在油价波动期价值 凸显。 投资建议：在地缘政治仍存不确定的前提下，中长期原油供需格局仍具备景气 基础，在长期主义视角下，我们持续坚定看好"三桶油"及油服板块。此外， 宏观经济恢复提振化工需求，长期来看化工品产能出清利好龙头企业，我们看 好大炼化、煤化工、乙烯盈利向好。建议关注：（1）中国石油（A+H）、中 国石化（A+H）、中国海油（A+H）；（2）"三桶油"下属油服工程企业， 中海油服、海油工程、海油发展、中油工程、石化油服、中石化炼化工程（H 股）。（3）炼化化纤产业链龙头，中国石化、恒力石化、荣盛石化、东方盛 虹、恒逸石化、桐昆股 ...

近日，中控技术携手万华化学共同打造的行业首套"无人调度"系统在万华化学蓬莱工业园区成功投运，标志着我国化工行业在智能化升级进程中 实现了从"单装置自主运行"迈向"全自主运行工厂"的历史性跨越。这一成果为化工企业智能化升级提供里程碑式示范，具备向石化、煤化工、能 源等领域复制推广的潜力。 中控技术自主研发的通用控制系统UCS在中国石油独山子石化塔里木120万吨/年二期乙烯项目及蓝海新材料高端聚烯烃项目中成功应用，两大项 目总投资超790亿元。UCS以全光工业网络为核心，融合"I-Inside"理念，打破系统封闭性，实现灵活控制与知识资产永续，树立国产控制系统替代 国外品牌的标杆。 公司基于30余年流程工业经验，打造UCS和时间序列大模型TPT，构成全自主运行工厂FOP核心技术体系。TPT作为"智慧大脑"，可在毫秒级波动 中捕捉趋势；UCS作为"神经中枢"，为TPT提供高质量实时数据基座。FOP已在兰州石化、兴发集团等企业落地应用，实现异常预警准确率达 99.79%、投炉时长缩短25%、建设成本降低60%、人员效率提升67%。 10月30日，中控技术中标"中国石化人工智能场景应用示范项目（聚烯烃装置新产品开发场景 ...

11月21日，恒生指数收出六连阴，六日累计跌幅达6.84%。在市场连续调整之际，上市公司回购出现"井 喷"。 公告显示，11月21日，中国石油化工股份、中远海发等再次入市回购了公司H股。 龙头公司领衔 本轮港股回购潮呈现"行业覆盖面广、龙头企业领衔"的特点。11月21日入市回购的港股企业中，各领域 头部企业成为主力军。 科技板块，腾讯控股于11月21日斥资6.36亿港元回购104.2万股股份，腾讯年内已累计回购7482.8万股， 占授权回购时已发行股份的0.81%，累计回购金额达635.08亿港元，无论是回购规模还是频次，均稳居 港股市场首位；小米集团-W11月21日再度出手，回购数量800万股，回购金额3.03亿港元，年内累计回 购金额已达23.48亿港元。 快手科技于11月21日回购75万股，回购金额约4777.14万港元。年内已累计回购约510.16万股，占授权回 购股份总数的0.1191%，累计回购金额约22.47亿港元。 此外，蒙牛乳业11月21日斥资290.6万港元回购20万股H股股份；金山软件11月21日斥资约999.59万港元 回购34.7万股H股股份；瑞声科技11月21日斥资1109.77万 ...

Core Points - The State-owned Assets Supervision and Administration Commission (SASAC) organized a meeting to promote the specialized integration of central enterprises and held a signing ceremony for key projects [1][2] - A total of 17 units participated in the signing of key projects, focusing on areas such as carbon fiber industry cooperation, intelligent driving, industrial internet, and aviation logistics [1] - The specialized integration projects aim to accelerate breakthroughs in key technologies, enhance emerging industries, and promote the high-quality development of key industrial chains [1][2] Summary by Sections - **Project Signings**: The meeting resulted in the signing of key projects between major companies, including Sinopec and Dongfang Electric Group, and China FAW and Zhuoyue Technology [1] - **Focus Areas**: The integration projects are designed to integrate quality resources, promote technological and industrial innovation, and enhance traditional industries [1] - **Strategic Direction**: SASAC emphasized the need for central enterprises to enhance their integration capabilities in strategic emerging industries and to utilize mergers and acquisitions as a means of integration [2] - **Capital Market Utilization**: There is a call for central enterprises to leverage the capital market for integrating non-core but high-potential businesses into main business platforms for mutual benefits [2]

Group 1 - As of November 21, nearly 40 companies in the Shanghai market announced share buybacks and positive operational news, with 32 of these being buyback announcements [1] - Huida Technology announced a new buyback plan of 200 million to 400 million yuan, with a buyback price ceiling of 124.15 yuan per share, representing approximately 0.35% to 0.69% of its total share capital [1] - Other companies like Yongyuan Tourism and Xiangyuan Cultural Tourism also initiated their first buybacks, with significant amounts being allocated for these plans [2] Group 2 - Xiangyuan Cultural Tourism plans to buy back between 80 million to 120 million yuan from November 18, 2025, to May 15, 2026, and has already repurchased 2.095 million shares for 15.63 million yuan [2] - Yongyuan Tourism began its buyback on November 10, 2025, repurchasing 1 million shares for 5.39 million yuan, while Xingdesheng repurchased 200,000 shares for 4.93 million yuan on the same day [2] - China National Shipping Holdings announced a buyback plan of 749 million to 1.498 billion yuan, having repurchased 40.53 million shares for a total of 607 million yuan by November 21 [2] Group 3 - China Jushi disclosed a buyback plan of up to 880 million yuan, having repurchased 34.18 million shares, which is 0.85% of its total share capital, with over 534 million yuan spent in one month [3] - Jiangsu Hengrui Medicine and Zhuzhou Qibin Group also reported their buyback activities, with Hengrui repurchasing 979,900 shares for 59.79 million yuan, totaling 889.87 million yuan in buybacks [3] - Zhuzhou Qibin Group repurchased 15.95 million shares for 112.36 million yuan, with total buybacks reaching 27.96 million shares and 195.96 million yuan spent [3] Group 4 - Seven companies, including Chengdu Bank and China Railway High-tech Industry, reported shareholder buyback progress, with Longi Green Energy's chairman completing a buyback of 6.13 million shares for 100.69 million yuan [4] - Sinopec announced that its controlling shareholder and related parties have increased their holdings by 34.56 million shares for approximately 194 million yuan since April 9, 2025, totaling over 294 million yuan in buybacks [4]

本报（chinatimes.net.cn）记者何一华 李未来 北京报道 石油巨头纷纷瞄上售电市场。 11月17日，中国石油集团电能有限公司（下称"中油电能"）揭牌。该公司前身是2016年9月成立的大庆 油田售电有限责任公司，重新揭牌后，将扮演清洁能源服务商和中国石油售电品牌的角色。 记者注意到，不久前，中国石化天然气分公司在重庆电力交易中心完成注册，成立中石化重庆涪陵页岩 气销售公司并取得电力市场交易资质，正式进军售电领域。 11月18日，《华夏时报》记者就此邮件联系中国石油（601857.SH）、中国石化（600028.SH），截至 发稿未得到回复。 对于石油企业布局售电业务，林伯强告诉记者，首要原因就是转型，而油和电又有很多可以结合的地 方，比如说加油站可以安装充电桩，从而往新能源方向转型，核心就是通过油和电的结合，可以有更多 的机会，同时做到节能减排、低碳转型。 记者了解到，油和电的结合方面业内已有尝试。今年4月，中国石化和宁德时代在北京签署了产业与资 本合作框架协议，双方将深化战略合作，共同推进全国换电网络的建设。根据协议，双方计划在今年内 建设至少500座换电站，长期目标是扩展至10000座。 厦门 ...

会上，8组17家单位分两批进行了重点项目集中签约，主要涉及新材料、人工智能、邮轮运营、检验检测、航空物流等关键领 域。 强调五个"坚持"，要求增强战新整合能力 会议指出，去年以来，中央企业围绕服务国家战略、推动科技创新、促进高质量发展，持续调整存量、优化增量。通过一系 列整合，进一步优化产业布局，提高资源配置效率，提升企业核心竞争力。 今年9月，李镇在国新办举行的"高质量完成'十四五'规划"系列主题新闻发布会上曾表示，下一步，将着眼增强核心功能、提 升核心竞争力，以系统性思维、前瞻性谋划、创新性举措，大力推动战略性专业化重组整合，不断提升国有资本的配置和运 营效率，放大国有经济的整体功能，为经济社会发展提供更加有力的支撑。 本次会议上，对于当前阶段推进中央企业专业化整合，国务院国资委提出了五个"坚持"。要求中央企业要坚持主动谋划、加 强集团战略引领，坚持防范内卷、优化行业资源配置，坚持提升本领、增强战新整合能力，坚持融合为本、打造一体化竞争 优势，坚持协同推进、形成整体工作合力。 11月21日，国务院国资委组织召开中央企业专业化整合推进会并举行重点项目签约仪式。会议总结前一阶段专业化整合工 作进展成效，组织重 ...

Group 1 - The core point of the news is the signing of an investment cooperation intention letter between Sinopec Yanshan Petrochemical Company and the Tianjin Economic and Technological Development Zone, marking the full implementation phase of the Tianjin South Port Green High-end Rubber New Materials Project with a total investment of approximately 6 billion yuan [1] - The project is planned to be executed in two phases, with the first phase involving an investment of 2.42 billion yuan, covering an area of 277,000 square meters, and the construction of two production facilities: 100,000 tons/year of solution-styrene-butadiene rubber and 100,000 tons/year of polybutadiene rubber, along with corresponding auxiliary facilities [1] - The second phase will focus on planning distinctive advantageous projects of Yanshan Petrochemical, which will be initiated based on the construction, processes, and market conditions of the first phase [1] Group 2 - The news also touches on the "14th Five-Year Plan" and the "anti-involution" policy aimed at building a new ecological environment for the chemical industry, indicating a strategic direction for future developments in the sector [1] - There is a discussion on the current state and misunderstandings of intellectual property rights within chemical enterprises, highlighting the need for better awareness and management of intellectual property [1] - The importance of protecting trade secrets in chemical enterprises is emphasized, including risk identification, high-risk scenarios, and the establishment of a protection system for trade secrets [2]

Group 1: Shareholding Changes - Company Zhaoyi Innovation announced that several directors and senior management personnel plan to reduce their holdings by a total of 249,000 shares, with specific reductions from the vice chairman and general manager, as well as other vice presidents [1] - Company Super Aerospace announced a stock suspension due to its controlling shareholders planning a significant matter that may lead to a change in control [2] - Company Haosai is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws [5] Group 2: Major Contracts and Projects - Company Dajin Heavy Industry's wholly-owned subsidiary signed a contract worth approximately 1.339 billion yuan for a European offshore wind farm project, which represents 35.41% of the company's audited revenue for 2024 [3] - Company Ruifeng New Materials plans to increase capital by 200 million yuan in a related party to advance a lithium hexafluorophosphate project [6] Group 3: Regulatory Actions - Company Jushi Chemical received a notice from the CSRC regarding an investigation for suspected violations of information disclosure laws [4] - Company Huosai is also under investigation by the CSRC for similar reasons [5] Group 4: Investment and Acquisitions - Company Gao Neng Environment plans to acquire 45.2% equity in three mining companies [7] - Company Aerospace Electric intends to purchase 32% equity in Shenzhen Aerospace Electric Motor System Co., Ltd. through public bidding [8]