Core Viewpoint - The article emphasizes the role of China Petroleum & Chemical Corporation (Sinopec) in supporting rural revitalization in Youyang, focusing on targeted assistance in various sectors such as industry, education, and cultural tourism to drive sustainable development [1][24]. Group 1: Empowering Local Industries - Sinopec has identified Youyang's 400,000 acres of oil tea cultivation as a key area for support, planning to invest in high-standard demonstration projects and brand development from 2024 to 2025 [2][4]. - The company has implemented smart irrigation systems and upgraded production lines to enhance oil tea yield and quality, addressing challenges like extreme weather and high labor costs [4][6]. - Sinopec is also developing a diverse product matrix under the "Youyang Tea Oil" brand, including cooking oils and personal care products, to improve market competitiveness [6][9]. Group 2: Building Sales Channels - Sinopec is establishing a comprehensive sales network for Youyang's specialty products, partnering with convenience stores and online platforms to enhance market reach [9][11]. - The company has organized various promotional events, resulting in significant orders and sales for Youyang products, demonstrating effective market integration [11][12]. Group 3: Education Support - Education is prioritized in Sinopec's assistance strategy, focusing on improving school facilities and educational quality in Youyang [13][17]. - Upgrades to schools, including sports facilities and dormitories, have been made, alongside the establishment of partnerships to enhance educational resources and management [15][17]. Group 4: Cultural and Tourism Integration - Sinopec is promoting the integration of culture and tourism in Youyang, investing in infrastructure that supports local tourism and enhances community engagement [18][21]. - The construction of a science museum and various tourism facilities aims to attract visitors and boost local economic growth, with significant visitor numbers reported [21][23]. Group 5: Comprehensive Support Model - Sinopec's approach combines immediate assistance with long-term development strategies, focusing on leveraging local resources and corporate strengths to foster sustainable growth [24]. - The company's model serves as a replicable example for rural revitalization efforts, aiming to empower local communities and enhance their economic resilience [24].

（文章来源：证券日报） 证券日报网讯 12月18日，通源石油在互动平台回答投资者提问时表示，三桶油是公司国内的主要客 户，公司与其长期保持稳固的合作关系。2025年上半年三桶油的营业收入占比约11%。 ...

Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) reported a decline in revenue and net profit for the first three quarters of 2025, indicating challenges in the oil and gas sector [2] Financial Performance - For the first three quarters of 2025, Sinopec's main revenue was 21,134.41 billion yuan, a year-on-year decrease of 10.69% [2] - The net profit attributable to shareholders was 299.84 billion yuan, down 32.23% year-on-year [2] - The net profit excluding non-recurring items was 305.52 billion yuan, a decrease of 30.51% year-on-year [2] - In Q3 2025, the single-quarter main revenue was 7,043.89 billion yuan, a decline of 10.88% year-on-year [2] - The single-quarter net profit attributable to shareholders was 85.01 billion yuan, a slight decrease of 0.5% year-on-year [2] - The single-quarter net profit excluding non-recurring items was 93.37 billion yuan, an increase of 11.35% year-on-year [2] - The company's debt ratio stood at 54.69%, with investment income of 73.42 billion yuan and financial expenses of 112.5 billion yuan [2] - The gross profit margin was reported at 15.68% [2] Market Activity - As of December 18, 2025, Sinopec's stock closed at 5.93 yuan, up 1.54% with a turnover rate of 0.12% [1] - The trading volume was 1,129,300 hands, with a total transaction value of 668 million yuan [1] - On December 18, the net outflow of main funds was 33.49 million yuan, accounting for 5.02% of the total transaction value, while retail funds saw a net inflow of 37.59 million yuan, making up 5.63% of the total [1] Analyst Ratings - In the last 90 days, 10 institutions rated Sinopec with a buy rating, and the average target price set by these institutions was 7.6 yuan [3]

Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) announced the approval of significant resolutions during its second extraordinary general meeting of shareholders in 2025, including the revision and cancellation of the supervisory board and a reduction in registered capital [2] Group 1 - The company approved the proposal to revise and cancel the supervisory board [2] - The registered capital of the company will be reduced as part of the approved resolutions [2] - Mr. Li Wei was elected as an independent non-executive director of the company's ninth board of directors [2]

Core Insights - The focus of energy investment is shifting from power generation to grid and energy storage, with global annual investments in grid upgrades and energy storage expected to exceed $800 billion (approximately 5.6 trillion RMB) by 2030, representing a significant increase of over 50% from current levels [1] Investment Trends - Global investment in solar photovoltaic power is projected to reach $554 billion in 2024, a 49% increase compared to 2022 [2] - Investment in electric vehicles is expected to be $763 billion, marking a 33% increase [2] - Battery storage investments are anticipated to grow by 73% to $54 billion in 2024, which is 11 times the average level from 2019-2020 [3] Energy Transition Characteristics - The energy transition is characterized by three main trends: 1. Divergence in transition paths influenced by political and economic factors, with the U.S. and EU showing contrasting approaches [6] 2. China emerging as a leader in green low-carbon development, with significant advancements in wind and solar capacity [6] 3. Electrification becoming a common pathway for global energy transition, with electricity demand projected to grow by 32% over the next decade [6] Future Energy Consumption - Global energy consumption growth is expected to slow, with a projected increase of 1.7% during the "15th Five-Year Plan" period, down 1.1 percentage points from the previous period [7] - China's non-fossil energy is predicted to become the dominant energy source, with its share of total power generation expected to reach 50% by 2035 and 91% by 2060 [7][8] Carbon Emissions Outlook - Global carbon emissions from energy combustion are projected to reach 36.1 billion tons by 2030, with a plateau phase expected [11] - China's energy-related carbon emissions are anticipated to stabilize around 1.06 billion tons, with a potential reduction of 10% from peak levels by 2035 [11] Hydrogen Energy Potential - The hydrogen industry is expected to play a significant role in achieving carbon neutrality, with green hydrogen demand projected to reach 1.2 million tons by 2030 [12] - By 2060, the hydrogen sector could contribute to a reduction of 600 million tons of carbon emissions, accounting for approximately 10% of China's carbon neutrality goals [12]

（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 北京市海問律師事務所 關於中國石油化工股份有限公司 2025年第二次臨時股東會的法律意見書 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。 # 執行董事 * 非執行董事 + 獨立非執行董事 北京市海问律师事务所 关于中国石油化工股份有限公司 2025年第二次临时股东会的法律意见书 致:中国石油化工股份有限公司 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12月18日 於本公告日期，本公司的董事為：侯啟軍 * 、趙東 # 、鐘韌 * 、李永林 # 、呂亮功 # 、 牛栓文 # 、萬濤 # 、蔡勇 * 、徐林 + 、張麗英 + 、廖子彬 + 、張希良 + 及厲偉 + 。 本所作为贵司的常年法律顾问,应贵司要求,根据《中华人民共和国证券法》、 《中华人民共和国公司 ...

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 準確性或完整性亦無發表任何聲明，並明確表示不會就本公告全部或任何部份內容或因 倚賴該等內容而引致的任何損失承擔任何責任。 執行董事 獨立非執行董事 董事名單與其角色與職能 中國石油化工股份有限公司董事會（「董事會」）成員如下： 非執行董事 董事會已成立五個委員會。其成員列載如下： • 侯啟軍 • 鐘 韌 • 蔡 勇 • 趙 東 • 李永林 • 呂亮功 • 牛栓文 • 萬 濤 • 徐 林 • 張麗英 • 廖子彬 • 張希良 • 厲 偉 戰略委員會 | 職務 | 姓名 | | --- | --- | | 主任委員 | 侯啟軍 | | 委員 | 趙 東 | | | 李永林 | | | 徐 林 | | | 張麗英 | 審計委員會 薪酬與考核委員會 | 職務 | 姓名 | | | --- | --- | --- | | 主任委員 | 徐 | 林 | | 委員 | 鐘 | 韌 | | | 廖子彬 | | 提名委員會 | 職務 | 姓名 | | --- | --- | | 主任委員 | 張麗英 | | 委員 | 侯啟軍 | | | 廖子彬 | 中 ...

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） 2025年第二次臨時股東會決議公告 兹提述中國石油化工股份有限公司（「中國石化」或「本公司」）日期為2025年10月29 日的通函（「該通函」）、日期為2025年10月29日的2025年第二次臨時股東會通知（「該 通知」）、日期為2025年11月28日的2025年第二次臨時股東會補充通知（「該補充通知」）。 除非另有指明，本公告所用詞彙與該通函、該通知及該補充通知內所界定者具有相同涵 義。 一、 臨時股東會召開和出席情況 本公司於2025年12月18日（星期四）在北京市東城區朝陽門北大街2號北京港澳中心瑞 士酒店召開2025年第二次臨時股東會（「臨時股東會」）。 | 1、出席臨時股東會的股東和股東授權代理人人數（人） | 2,692 | | --- | --- | | 其中：A 股 | 2,689 | | 股 H | 3 | | 2、出 ...

中国石油化工股份有限公司 董事会议事规则 2025 年 12 月 18 日经公司 2025 年第二次临时股东会修订 | メ | | --- | | 第一章 | 总则 1 | | --- | --- | | 第二章 | 董事会的召开程序 1 | | 第一节 | 一般规定 1 | | 第二节 | 议案的提出 2 | | 第三节 | 会议的通知 3 | | 第四节 | 会议的召开 3 | | 第五节 | 会议的审议与表决 5 | | 第六节 | 会后事项 7 | | 第三章 | 附则 8 | 第一章 总则 第一条 为了确保中国石油化工股份有限公司（简称"公司"或者"本公司"） 董事会履行全体股东赋予的职责，保障董事会能够进行富有成效的讨论，作出科 学、高效和审慎的决策，规范董事会的运作程序，根据《中华人民共和国公司法》 《中华人民共和国证券法》《上市公司章程指引》和《上市公司治理准则》等有 关法律、法规和规范性文件及公司股票上市地证券监管规则（简称"有关监管规 则"）以及《中国石油化工股份有限公司章程》（简称"《公司章程》"），特制定本 规则。 第二条 董事会对股东会负责，行使有关监管规则和《公司章程》赋予的职 权 ...

中国石油化工股份有限公司 股东会议事规则 2025 年 12 月 18 日经公司 2025 年第二次临时股东会修订 | | | | 第一章 | 总则 | 1 | | --- | --- | --- | | 第二章 | 股东会的召开程序 | 2 | | 第一节 | 股东会的召集 | 2 | | 第二节 | 股东会的提案 | 3 | | 第三节 | 股东会的通知 | 3 | | 第四节 | 股东会的登记 | 5 | | 第五节 | 股东会的召开 | 6 | | 第六节 | 股东会的表决与决议 | 8 | | 第七节 | 会后事项 | 11 | | 第三章 | 附则 | 12 | 第一章 总则 第五条 公司召开股东会的地点为：公司住所所在地城市或者董事会指定的 其他地点。股东会将设置会场，以现场会议形式召开，公司还将按照有关监管规 则的规定，采用安全、经济、便捷的网络投票方式和其他方式为股东提供便利。 公司采用网络投票或者其他方式为股东参加股东会提供便利的，应在股东会通 知中明确载明网络或者其他方式的表决时间、表决程序。股东通过上述方式参加 股东会的，视为出席。 股东会除设置会场以现场形式召开外，还可以同时采用电子 ...