Market Overview - The oil service engineering sector saw a slight increase of 0.07% on November 27, with Renji Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3875.26, up 0.29%, while the Shenzhen Component Index closed at 12875.19, down 0.25% [1] Stock Performance - Renji Co., Ltd. (002629) closed at 8.33, up 5.04% with a trading volume of 242,300 shares [1] - Other notable stocks included: - CNOOC Development (600968) at 3.73, up 0.54% [1] - Zhongman Petroleum (603609) at 23.27, up 0.52% [1] - China Oil Engineering (600339) at 3.35, up 0.30% [1] - The overall trading volume and turnover for the oil service engineering sector were significant, with various stocks showing mixed performance [1][2] Capital Flow - The oil service engineering sector experienced a net outflow of 3.09 million yuan from institutional investors, while retail investors saw a net inflow of 30.19 million yuan [2] - The detailed capital flow for specific stocks indicated varying trends, with some stocks experiencing significant outflows from institutional and speculative investors [3] Individual Stock Capital Flow - Major stocks and their capital flow included: - CNOOC Engineering (600583) with a net inflow of 21.34 million yuan from institutional investors [3] - Zhongman Petroleum (603619) with a net inflow of 18.28 million yuan [3] - However, stocks like Huibo Energy (002554) and PetroChina Oilfield Services (600871) faced notable net outflows [3]

Core Viewpoint - Company reported steady improvement in operational quality and profitability, with a revenue of 57.529 billion yuan and a net profit of 0.523 billion yuan for the first three quarters of 2025 [2][8]. Financial Performance - For the first three quarters of 2025, the company achieved a revenue of 57.529 billion yuan, a year-on-year increase of 12.42%, while the net profit attributable to shareholders was 0.523 billion yuan, a decrease of 17.22% [8]. - The company signed new contracts worth 99.216 billion yuan, representing a year-on-year growth of 5.25% [8]. International Business - The company secured new contracts worth 25.264 billion yuan in international markets, accounting for 25.46% of total new contracts, including projects in the UAE and Iraq related to the Belt and Road Initiative [3][8]. Risk Management - The company is enhancing project management by optimizing responsibility allocation, strengthening budget constraints, and improving supply chain management to mitigate risks associated with long-cycle projects [4]. Financial Safety - The company is focusing on cash flow management by predicting cash inflows and outflows, ensuring timely collection of receivables, and maintaining necessary financing channels [5]. Brand and Project Execution - The company has executed nearly 70,000 projects since its listing, showcasing its strong brand influence and commitment to high-quality project delivery, particularly in Belt and Road countries [6]. Cash Position - As of September 30, 2025, the company reported cash and cash equivalents of 30.365 billion yuan [7]. Contract Composition - In the first three quarters of 2025, domestic contracts accounted for 73.952 billion yuan (74.54%), while emerging businesses contributed 28.015 billion yuan (28.23%) of the total new contracts [8].

Group 1 - The company disclosed that as of September 30, 2025, the number of shareholders is 68,489 [1]

Core Viewpoint - China Petroleum Engineering Corporation's stock has experienced a decline, with a current price of 3.52 CNY per share and a market capitalization of 19.653 billion CNY, reflecting a challenging trading environment [1] Group 1: Stock Performance - The stock price of China Petroleum Engineering has decreased by 0.34% year-to-date, with a 6.38% drop over the last five trading days and a 6.88% decline over the last twenty days [1] - The trading volume on November 20 was 119 million CNY, with a turnover rate of 0.60% [1] Group 2: Financial Performance - For the period from January to September 2025, the company reported a revenue of 57.529 billion CNY, representing a year-on-year growth of 12.42%, while the net profit attributable to shareholders decreased by 17.22% to 523 million CNY [2] - Cumulative cash dividends since the A-share listing amount to 2.204 billion CNY, with 715 million CNY distributed over the past three years [2] Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 13.62% to 68,500, while the average number of circulating shares per person increased by 15.77% to 81,518 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited and Southern CSI 500 ETF, with notable reductions in their holdings [2]

Core Insights - The oil service engineering sector experienced a decline of 1.87% on November 18, with PetroChina Oilfield Services leading the drop [1] - The Shanghai Composite Index closed at 3939.81, down 0.81%, while the Shenzhen Component Index closed at 13080.49, down 0.92% [1] Stock Performance - Zhongman Petroleum (603619) closed at 24.93, up 3.40% with a trading volume of 204,600 shares and a transaction value of 508 million yuan [1] - Potential Energy (300191) closed at 20.71, up 0.05% with a trading volume of 85,200 shares and a transaction value of 176 million yuan [1] - Other notable declines include PetroChina Oilfield Services (600871) down 4.26% and Tongyuan Petroleum (300164) down 3.73% [2] Capital Flow - The oil service engineering sector saw a net outflow of 136 million yuan from institutional investors, while retail investors had a net inflow of 184 million yuan [2] - Major stocks like Zhongman Petroleum and Renji Co. experienced mixed capital flows, with Zhongman Petroleum seeing a net inflow of 33.83 million yuan from institutional investors [3]

Summary of Key Points Core Viewpoint - China Petroleum Engineering Corporation (中油工程) has completed the payment of its first phase of ultra-short-term financing bonds for 2025, amounting to approximately 2.03 billion RMB, indicating the company's ongoing financial activities and obligations [1][2]. Trading Information - On November 17, 2025, the stock price of China Petroleum Engineering closed at 3.68 RMB, down by 1.34% with a turnover rate of 0.91% and a trading volume of 510,300 shares, resulting in a total transaction amount of 188 million RMB [1]. - The net outflow of main funds on the same day was 23.51 million RMB, accounting for 12.48% of the total transaction amount, while retail investors saw a net inflow of 24.42 million RMB, representing 12.96% of the total transaction amount [1][2]. Company Announcements - The company announced the completion of the payment for its first phase of ultra-short-term financing bonds issued on February 20, 2025, with a total issuance amount of 2 billion RMB and an interest rate of 1.96%, maturing in 270 days [1]. - The total amount paid on November 17, 2025, for the bond interest was 2,028,997,260.27 RMB, processed by the China Interbank Market Clearing House [1].

Core Viewpoint - China Petroleum Engineering Corporation (中油工程) has successfully completed the interest payment and redemption of its first short-term financing bond for 2025, amounting to approximately RMB 2.03 billion, on the due date of November 17, 2025 [1][2]. Group 1: Stock Performance - As of the market close on November 17, 2025, the stock price of China Petroleum Engineering was reported at RMB 3.68, reflecting a decline of 1.34% from the previous trading day [1]. - The stock opened at RMB 3.73, reached a high of RMB 3.73, and a low of RMB 3.67, with a trading volume of RMB 1.88 billion and a turnover rate of 0.91% [1]. Group 2: Financing Details - The company issued its first short-term financing bond for 2025 on February 20, 2025, with a total issuance amount of RMB 2 billion and an interest rate of 1.96% [1]. - The bond has a maturity period of 270 days, with the payment date coinciding with the redemption date on November 17, 2025 [1]. - The total amount paid for interest and redemption on the bond was RMB 2,028,997,260.27, processed through the interbank market clearing house [1].

Core Points - The company, China Petroleum Engineering Co., Ltd., announced the issuance of its first ultra-short-term financing bond for 2025, with a total amount of RMB 2 billion and an interest rate of 1.96% [1] - The bond has a maturity period of 270 days, with the payment date set for November 17, 2025 [1] - The company successfully completed the interest payment and redemption for this bond on November 17, 2025, totaling RMB 2,028,997,260.27, which was processed by the interbank market clearing house [1]

公司已于 2025 年 11 月 17 日完成了 2025 年度第一期超短期融资券的付息兑付工 作，本次付息兑付总额为人民币 2,028,997,260.27 元，由银行间市场清算所股份有 限公司代理划付至债券持有人。 本次超短期融资券兑付的相关文件已在中国货币网(http://www.chinamoney.com. cn)和上海清算所网站(http://www.shclearing.com)刊登。 特此公告。 中国石油集团工程股份有限公司董事会 证券代码：600339 证券简称：中油工程 公告编号：临 2025-062 中国石油集团工程股份有限公司 关于 2025 年度第一期超短期融资券兑付完成的公告 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、准确性和完整性承担个别及连带责任。 中国石油集团工程股份有限公司（以下简称"公司"）于 2025 年 2 月 20 日发行 了 2025 年度第一期超短期融资券（简称：25 中油工程 SCP001，代码：012580434）， 发行总额为人民币 20 亿元，发行利率为 1.96%，发行期限为 270 天，兑付 ...

Core Viewpoint - The company announced the issuance of a short-term financing bond with a total amount of 2 billion yuan and an interest rate of 1.96% for a term of 270 days [1] Group 1 - The company will issue the first phase of ultra-short-term financing bonds for the year 2025 on February 20, 2025, with a total issuance amount of 2 billion yuan [1] - The interest rate for the financing bond is set at 1.96% [1] - The maturity period for the bond is 270 days [1] Group 2 - On November 17, 2025, the company completed the interest payment and redemption work for the financing bond, with a total payment amount of 2.029 billion yuan [1] - The payment was facilitated by the China Interbank Market Clearing House Co., Ltd. to the bondholders [1] - Relevant payment documents have been published on the China Money Network and Shanghai Clearing House websites [1]