Group 1 - The core point of the article is that Sinopec has obtained a patent for a method to test the fatigue performance of thermosensitive metal materials, indicating ongoing innovation in the company [1] - Sinopec, established in 2000, is primarily engaged in oil and gas extraction, with a registered capital of approximately 12.17 billion RMB [1] - Sinopec has made investments in 263 companies and participated in 5,000 bidding projects, showcasing its extensive operational footprint [1] Group 2 - Sinopec Safety Engineering Research Institute, founded in 2021, focuses on research and experimental development, with a registered capital of approximately 499 million RMB [1] - The research institute has invested in 4 companies and participated in 1,412 bidding projects, reflecting its active role in the industry [1] - Sinopec Safety Engineering Research Institute holds 1,826 patents, indicating a strong emphasis on innovation and intellectual property [1]

Group 1 - The core point of the article is the announcement of the procurement result for the fire alarm system by China Petroleum & Chemical Corporation (Sinopec) Shengli Oilfield Branch, with Qingniao Fire Protection Co., Ltd. winning the bid [1][2] - The procurement is specifically for the Shengli Oilfield Marine Oil Production Plant and is part of a public inquiry and comparison procurement plan [1] - The announcement was made on August 12, 2025, and the procurement is located in Shandong Province [2] Group 2 - Qingniao Fire Protection Co., Ltd. has invested in 34 enterprises and participated in 526 bidding projects [1] - The company holds 187 trademark registrations, 279 patents, and 70 copyright registrations, along with 10 administrative licenses [1]

Core Viewpoint - The listing of pure benzene futures and options on July 8 provides enhanced risk management tools for the upstream and downstream of the industry chain, which is crucial given China's position as the largest producer and consumer of pure benzene globally [1][2]. Industry Overview - China accounts for 39% of global pure benzene production capacity and 43% of apparent consumption in 2024, with East China being the largest production and consumption area [1]. - The production capacity concentration in China is moderate, with the top three companies holding nearly 40% of the market share, where Sinopec alone accounts for 17.6% [2]. Pricing and Sales Mechanisms - Different scale refineries have varying sales methods for pure benzene, with large refineries primarily using contracts and pricing based on Sinopec's East China price [2]. - Trade enterprises often reference prices from sources like Argus and Platts for their pure benzene procurement, with imports mainly from South Korea and Southeast Asia [3]. Market Conditions and Outlook - The pure benzene market is currently experiencing a downturn due to insufficient downstream demand, but a supply-demand increase is expected in the second half of the year with over 1 million tons of new capacity planned [7]. - Inventory levels for pure benzene and styrene have risen to higher levels this year, with expectations of a de-inventory trend in August, followed by a potential accumulation in September and October [8]. Production and Operational Insights - The production processes for pure benzene are diverse, with catalytic reforming and ethylene cracking being the most significant methods [5]. - Maintenance cycles for pure benzene facilities typically occur every three years, with minor repairs having a limited impact on the market [6]. Futures Market Participation - Companies are increasingly engaging in futures trading for hedging purposes, with a notable number of enterprises participating in the pure benzene futures market [11]. - The introduction of pure benzene futures and options has enriched the risk management tools available to industry players, enhancing market liquidity [12].

登录新浪财经APP 搜索【信披】查看更多考评等级 股票代码：600028 股票简称：中国石化 公告编号：2025-30 中国石油化工股份有限公司 关于召开2025年半年度业绩说明会的公告 中国石化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。 重要内容提示： ● 投资者可于2025年8月15日（星期五）至2025年8月21日（星期四）16:00前登录上证路演中心网站首 页点击"提问预征集"栏目或通过公司邮箱（ir@sinopec.com）进行提问。公司将在说明会上对投资者普 遍关注的问题进行回答。 中国石油化工股份有限公司（"中国石化"或"公司"）拟于2025年8月22日发布公司2025年半年度报告， 并计划于12:15-13:30举行2025年半年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 （一）会议召开时间：2025年8月22日（星期五）12:15-13:30。 （二）会议召开方式：通过上证路演中心（https://roadshow.sseinfo.com/home）进行网络互动。 三、参加人员 公司董事长，副董事 ...

Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) announced the addition of 124.588 billion cubic meters of proven geological reserves at the Yongchuan shale gas field, marking the emergence of another large-scale deep shale gas field in the Sichuan Basin with total proven geological reserves reaching 148.041 billion cubic meters [1] Group 1 - The Yongchuan shale gas field is located in Chongqing's Yongchuan District and was discovered in 2016, characterized by significant exploration challenges due to its depth exceeding 3,500 meters in a complex structural area [1] - Sinopec has implemented multiple rounds of collaborative efforts and innovative oil and gas exploration and reservoir transformation technologies to overcome issues related to deep shale gas exploration, significantly improving exploration accuracy and development efficiency [1] - The average economic recoverable reserves per well have notably increased, indicating enhanced productivity and efficiency in the field [1] Group 2 - Liu Wei, Secretary of the Party Committee of Sinopec Southwest Petroleum Bureau, stated that the shale gas distribution in the complex structural area of southern Sichuan is extensive with substantial resource potential, indicating a promising outlook for exploration and development [1] - The Yongchuan shale gas field is situated in the core area for increasing reserves and production of shale gas in southern Sichuan, which is of great significance for ensuring national energy security [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因倚賴 該等內容而引致之任何損失承擔任何責任。 （在中華人民共和國註冊成立的股份有限公司） （證券代號：00386） 海外監管公告 中國石油化工股份有限公司 關於召開2025年半年度業績說明會的公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而做出。 承董事會命 中國石油化工股份有限公司 黃文生 副總裁、董事會秘書 中國北京 2025年8月14日 於本公告日期，本公司的董事為：趙東 # 、鐘韌 * 、李永林 # 、呂亮功 # 、牛栓文 # 萬濤 # 、徐林 + 、張麗英 + 、廖子彬 + 及張希良 + 。 、 中国石油化工股份有限公司 关于召开 2025 年半年度业绩说明会的公告 中国石化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。 # 執行董事 * 非執行董事 + 獨立非執行董事 股票代码：600028 股票简称：中国石化 公告编号：2025-30 重要 ...

关于召开 2025 年半年度业绩说明会的公告 中国石化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。 重要内容提示： 股票代码：600028 股票简称：中国石化 公告编号：2025-30 中国石油化工股份有限公司 投资者可于 2025 年 8 月 15 日（星期五）至 2025 年 8 月 21 日（星期四）16:00 前 登 录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 （ir@sinopec.com）进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 中国石油化工股份有限公司（"中国石化"或"公司"）拟于 2025 年 8 月 22 日发 布公司 2025 年半年度报告，并计划于 12:15-13:30 举行 2025 年半年度业绩说明会， 就投资者关心的问题进行交流。 一、说明会类型 本次业绩说明会以网络互动形式召开，公司将针对 2025 年半年度业绩和经营情 况与投资者进行互动交流和沟通，在信息披露允许的范围内就投资者普遍关注的问 1 会议召开时间 ...

Core Insights - China has discovered a new large-scale deep-layer shale gas field with proven geological reserves of 124.588 billion cubic meters, marking another significant addition to its energy resources [1] - The Yongchuan shale gas field is located in Chongqing and is part of the Sichuan Basin, with a depth exceeding 3,500 meters, indicating a complex geological structure [1] - The overall proven geological reserves of the Yongchuan shale gas field have reached 148.041 billion cubic meters, which is crucial for ensuring national energy security [1][4] Industry Developments - The Southwest Petroleum Bureau plans to steadily advance shale gas development in the southern Sichuan region, focusing on increasing reserve utilization and gas recovery rates [2] - The Southwest Petroleum Bureau is the largest oil and gas production enterprise in the Sichuan Basin, having developed several gas fields and achieving a natural gas production of over 10 billion cubic meters last year [4] - China's natural gas production has been steadily increasing, with a total output of 246.4 billion cubic meters last year, and shale gas contributing over 25 billion cubic meters, accounting for 10% of total natural gas production [4] Resource Potential - China's recoverable shale gas resources are estimated at 21.8 trillion cubic meters, the highest in the world, with a current exploration rate of only 4.79%, indicating significant untapped potential [4] - The discovery of the Yongchuan shale gas field is expected to enhance domestic shale gas production and contribute to resource reserves [4]

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