花旗认为，中国"反内卷"政策难以显著改善化工品价差，因亚洲行业产能利用率仍处低位且需求增长放 缓。中石化持续推动资产升级(淘汰并重建小型裂解装置)，以及优化产品结构(降低炼厂开工率、将柴油 转产航空煤油、提高合成橡胶等高利润下游产品产量)，或可缓解下游毛利进一步下滑的压力。虽然在 中国油气股中，花旗仍更偏好中石油作为首选标的，但中石化约6%的稳健股息收益率及潜在股份回购 可提供一定支撑。 花旗发表报告，更新对中石化的盈利预测及目标价，反映调整后的假设，并将2025年每股盈利预测下调 15%，目标价由5.3港元下调至5.2港元。该行预计中石化2025年第二季净利润按季下降逾40%至约80亿 元，主要因炼化业务和市场库存损失，以及勘探与开采表现疲弱。尽管如此，随着原油价格趋于稳定及 核心炼油毛利小幅改善，第三季业绩预计将出现反弹。 ...

央视网消息：面对持续暴雨天气，各能源企业迅速响应，积极采取措施应对，全力保障能源供应与民生安全。 中国石化北京石油迅速启动防汛应急预案，严格执行24小时值班带班制度。为助力应急救援，部分站点开辟"绿色加油通道"，确保应急救 援、抢险救灾、医疗救护等车辆优先通行、到站即加、即加即走，为救援行动提供高效保障。 连续暴雨导致陕京一线管道、二线管道多处受影响，国家管网集团北京管道公司组织各作业区对管线进行排查，组建抢险突击队加固管 道，对管道穿越河流、翻山等高后果区管段进行严密排查，确保管道安全平稳运行。 中国石油东北销售与中国石油河北销售、北京销售、昆仑物流火线联动，72小时内向北京、天津、河北洪涝地区输送成品油1.21万吨，全 力保障油品稳定供应。 ...

Core Viewpoint - The China International High-Tech Achievements Fair (referred to as the High-Tech Fair), known as "China's First Technology Exhibition," will be held from November 14 to 16, 2025, in Shenzhen, showcasing advancements in high-tech industries and facilitating global technology transactions [1]. Group 1: Event Overview - The High-Tech Fair has been successfully held for 26 sessions since its inception in 1999, becoming a significant platform for China's high-tech sector and innovation [1]. - The 27th High-Tech Fair will focus on a market-oriented exhibition concept, with an exhibition area planned to reach 400,000 square meters, inviting renowned technology companies from over 100 countries and regions [1]. Group 2: Exhibition Focus - The fair will cover various cutting-edge fields, including national key projects, artificial intelligence, smart manufacturing, robotics, semiconductors, clean energy, and more, showcasing the latest technological achievements and innovative solutions [1]. - Specific exhibition areas will include national key equipment, technology giants' industrial chains, international technology achievements, and sectors like low-altitude economy and data industry [1]. Group 3: Participation and Investment - Over 5,000 well-known companies, including China National Petroleum, China Petroleum & Chemical, Huawei, BYD, and Xiaomi, are expected to participate with significant technological equipment and innovative products [2]. - The total intended investment from participating investment institutions has exceeded 1 billion yuan, covering all stages of capital investment from angel rounds to Pre-A rounds [2].

近日，我国华东、华北、东北等地持续遭遇强降雨，引发洪涝和地质灾害。多家中央企业迅速行动，全 力投入抢险救灾工作。 7月29日凌晨，北京密云潮河桥左堤，来自中国安能集团的工作人员操作着大型工程装备对岸坡风险点 进行紧急处置。"截至今早5时，我们已完成这里的既定任务，共计回填砂石400立方米。"中国安能集团 有关负责人介绍。 作为我国自然灾害工程救援专业力量，中国安能集团闻"汛"而动，组织230余人的专业应急力量，携带 重型工程装备及无人船、生命探测仪、应急照明车、车载堤防隐患探测车等先进适用装备紧急驰援怀 柔、密云，全力配合地方开展灾情侦测、应急抢险和群众转移等相关工作，切实增强防汛应急保障力 量。 汛情就是动员令，中央企业以"快响应"应对"强雨情"。 为助力应急救援，中国石化北京石油分公司部分站点开辟"绿色加油通道"，确保应急救援、抢险救灾、 医疗救护等车辆优先通行、到站即加、即加即走。 中国石油旗下东北销售公司与河北销售、北京销售、昆仑物流等企业联动，72小时内向北京、天津、河 北受灾地区输送成品油1.21万吨，全力保障油品稳定供应。(记者王希) (责任编辑：张紫祎) 派出应急通信保障队伍；及时发送应急短信 ...

| 688120 | 华海清 | 5 | 1.08 | 4.02 | 5.15 | | --- | --- | --- | --- | --- | --- | | | 科 | | | | | | 300203 | 聚光科 | 6 | 0.99 | 4.90 | 6.41 | | | 技 | | | | | | 688503 | 聚和材 | 5 | 0.98 | 5.57 | 9.57 | | | 料 | | | | | | 600730 | 中国高 | 5 | 0.95 | 7.96 | 16.52 | | | 科 | | | | | | 300870 | 欧陆通 | 5 | 0.90 | 3.85 | 3.84 | | 600038 | 中直股 | 5 | 0.85 | 4.87 | 1.76 | | | 份 | | | | | | 002637 | 赞宇科 | 5 | 0.84 | 5.61 | 7.78 | | | 技 | | | | | | | 申菱环 | | | | | | 301018 | 境 | 5 | 0.80 | 4.91 | 9.67 | | 000708 | 中信特 | 5 | 0.75 ...

证券之星消息，7月29日炼化及贸易板块较上一交易日上涨1.03%，中国石油领涨。当日上证指数报收 于3609.71，上涨0.33%。深证成指报收于11289.41，上涨0.64%。炼化及贸易板块个股涨跌见下表： 从资金流向上来看，当日炼化及贸易板块主力资金净流出4.01亿元，游资资金净流入1.73亿元，散户资 金净流入2.28亿元。炼化及贸易板块个股资金流向见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 601857 | 中国石油 | 8.72 | 1.87% | 163.96万 | 14.21亿 | | 603353 | 和顺石油 | 16.74 | 0.97% | 4.12万 | 6862.39万 | | 600688 | 上海石化 | 2.93 | 0.69% | 32.66万 | 9502.73万 | | 002408 | 齐翔腾达 | 5.37 | 0. ...

Core Viewpoint - The article discusses the contrasting trends in the global green hydrogen market, highlighting a significant decline in overseas projects while China experiences a surge in investment and development in green hydrogen initiatives [3][4]. Group 1: Global Green Hydrogen Market Trends - The CQ-H2 green hydrogen project in Australia, initially planned with an investment of 12.5 billion AUD (approximately 8.13 billion USD), has been terminated due to rising costs and uncertain market prospects [3]. - Numerous hydrogen projects worldwide have been canceled or postponed, amounting to hundreds of billions of dollars, indicating a crisis in the global green hydrogen market [3][4]. Group 2: China's Green Hydrogen Investment - Major Chinese state-owned enterprises, including State Power Investment Corporation, China Energy Group, and Sinopec, are aggressively investing in green hydrogen projects, indicating a robust domestic market [4][6]. - Sinopec's Kuqa photovoltaic hydrogen production project, with a total investment of nearly 3 billion CNY, is China's first 10,000-ton green hydrogen project, showcasing significant advancements in the sector [6]. - The National Power Investment Corporation is planning a green hydrogen carbon-neutral industrial base in Heilongjiang with a total investment of 60 billion CNY, aiming for an annual output value of 4 billion CNY [7]. Group 3: Project Investments and Capacities - A list of major green hydrogen projects in China shows a total investment of 329.5 billion CNY across ten projects, with the largest being the National Power Investment Corporation's project at 60 billion CNY [8]. - By the end of 2024, the National Energy Group is expected to have over 30 green hydrogen projects, contributing to a national green hydrogen industry chain [8]. Group 4: Challenges in Green Hydrogen Production - The production cost of green hydrogen in China ranges from 33.9 to 42.9 CNY per kilogram, significantly higher than coal-based hydrogen, which is three times more expensive [12]. - The average capacity utilization rate for green hydrogen production facilities is only about 10%, with actual production falling short of planned capacities, indicating inefficiencies in the sector [13]. - The volatility of renewable energy sources like wind and solar complicates the stable production of hydrogen, leading to high costs and low efficiency in green hydrogen projects [14].

Group 1 - The core point of the article is the application of a patent by Sinopec for a composite electrode material that includes an olive-shaped heterogeneous symbiotic oxide/graphene, which shows high cycling efficiency and specific capacity [1] - The patent application was filed on January 2024, and the publication number is CN120388994A [1] - The composite material consists of graphene and two types of metal oxide particles, which are one-dimensional nanoparticles, enhancing charge-discharge stability and performance [1] Group 2 - Sinopec, established in 2000, is primarily engaged in oil and gas extraction, with a registered capital of approximately 12.17 billion RMB [1] - The company has invested in 263 enterprises and participated in 5000 bidding projects, holding 5000 patent information and 45 trademark records [1] - Sinopec (Beijing) Chemical Research Institute, founded in 2021, focuses on the manufacturing of chemical raw materials and products, with a registered capital of 100 million RMB [2] - The research institute has invested in 4 enterprises and participated in 1268 bidding projects, holding 1661 patent records and 16 trademark records [2]

Group 1 - China Petroleum & Chemical Corporation (Sinopec) has applied for a patent for a method of continuously preparing cycloolefin copolymers, with the patent number CN120383694A and application date January 2024 [1] - The patented method involves a two-step process: first, synthesizing norbornene from ethylene and dicyclopentadiene in a toluene solution under high temperature and pressure, followed by a copolymerization reaction with ethylene [1] - The method is noted for its economic advantages and operational convenience, as the norbornene toluene solution is easier to transport and separate due to the similar boiling points of norbornene and toluene [1] Group 2 - China Petroleum & Chemical Corporation was established in 2000, located in Beijing, primarily engaged in oil and gas extraction, with a registered capital of approximately 12.17 billion RMB [2] - Sinopec has invested in 263 companies, participated in 5000 bidding projects, and holds 5000 patent records [2] - Sinopec Shanghai Petrochemical Company, established in 1993 in Shanghai, focuses on oil, coal, and other fuel processing, with a registered capital of approximately 1.08 billion RMB [2] - Sinopec Shanghai has invested in 22 companies, participated in 5000 bidding projects, and holds 1295 patent records [2]

Group 1 - The 27th China International High-Tech Achievements Fair (referred to as the High-Tech Fair) will take place from November 14-16, 2025, at the Shenzhen International Convention and Exhibition Center, marking a significant event in the global technology landscape [1][11] - The High-Tech Fair has been held 26 times since its establishment in 1999, becoming a crucial platform for showcasing cutting-edge technology and promoting brand visibility for Chinese tech companies [1][3] - Over 5,000 renowned enterprises, including major players like Huawei, BYD, and Xiaomi, are expected to showcase their latest technological innovations at this year's fair [5][9] Group 2 - The exhibition area for the 27th High-Tech Fair is planned to cover 400,000 square meters, with participation from over 100 countries and regions, focusing on the latest high-tech developments and facilitating technology transactions [3][6] - Specialized exhibition areas will be set up to highlight advancements in various fields, including artificial intelligence, robotics, semiconductor technology, and clean energy, aiming to drive innovation and collaboration [6][8] - The fair aims to attract significant investment, with intentions exceeding 1 billion yuan in various sectors, including biomedical and hard technology, indicating strong market interest and potential for growth [11][9] Group 3 - The previous High-Tech Fair achieved record-breaking results, with over 40,000 professional visitors and a transaction amount exceeding 120 billion yuan, showcasing its status as a leading global technology event [9][11] - The fair serves as a vital platform for technology transfer and enterprise financing, fostering deep integration between technology and the economy, and stimulating innovation [11][9] - The event will also feature numerous forums and procurement meetings, facilitating connections between technology providers and investors, further enhancing the collaborative environment [9][11]