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]

此外，攻关团队创新深层页岩气差异化改造思路，创新形成强支撑体积压裂工艺，让埋藏地底下的页岩气沿着这些立体通道源源不断涌流而出，大幅提升 深层页岩气的开发效率，平均单井经济可采储量显著上升。 ▲中国石化西南石油局永川页岩气田永页16平台地面流程建设现场 ▲中国石化西南石油局永川页岩气田永页54平台 8月14日，记者从中国石化新闻办获悉，中国石化"深地工程·川渝天然气基地"获重大突破，由中国石化西南石油局提交的永川页岩气田新增探明地质储量 1245.88亿立方米通过自然资源部专家组审定，标志着我国又一个超千亿立方米的大型深层整装页岩气田诞生，将有效支撑川渝千亿方产能基地建设，为 长江经济带发展提供清洁能源保障。 永川页岩气田属于深层页岩气，位于重庆市永川区境内，处于四川盆地川南复杂构造区，主体部分埋深大于3500米。2016年，西南石油局在该区部署的首 口预探井永页1HF井取得勘探重大突破，由此发现永川页岩气田。2019年，新增探明地质储量234.53亿立方米通过自然资源部专家组审定。随后，中国石 化在勘探开发难度更大的永川中北区持续攻关，最终实现本次永川页岩气田的整体探明，整体探明地质储量达1480.41亿立方 ...

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Core Insights - China Petrochemical Corporation (Sinopec) has achieved a significant breakthrough in the "Deep Earth Engineering · Sichuan-Chongqing Natural Gas Base," with the Yongchuan shale gas field confirming an additional geological reserve of 124.588 billion cubic meters [1] Group 1 - The newly confirmed shale gas field marks the emergence of another large-scale deep-layer shale gas field in China, exceeding one hundred billion cubic meters in reserves [1] - This development will effectively support the construction of a natural gas production base in the Sichuan-Chongqing region, which aims to reach a production capacity of one hundred billion cubic meters [1] - The project is expected to provide a clean energy guarantee for the development of the Yangtze River Economic Belt [1]

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]

Core Insights - The Qingdao Municipal Market Supervision Administration has released the results of the second batch of industrial product quality supervision and random inspections for gasoline products in 2025, indicating that all four batches tested were compliant with quality standards [2]. Group 1: Inspection Results - Four batches of gasoline products were sampled, all of which passed the quality inspection [2]. - The inspected gasoline products were produced by Sinopec Qingdao Refining & Chemical Company, with specifications meeting the National VI B standards [3]. - The inspection was conducted by the Qingdao Product Quality Inspection Research Institute, confirming compliance with the relevant quality standards [3].