Financial Performance - Operating revenue for the first three quarters was ¥44.94 billion, representing a year-on-year growth of 26.17%[6] - Net profit attributable to shareholders was ¥625.62 million, up 52.45% year-on-year[5] - Basic earnings per share rose to ¥0.1121, a 52.52% increase compared to the same period last year[5] - The company reported a net cash flow from operating activities of -¥7.19 billion, an improvement from -¥11.44 billion in the same period last year[5] - The company reported a 44.70% increase in investment income to ¥13.89 million, primarily due to higher returns from joint ventures[12] - Total operating revenue for Q3 2020 reached ¥16,589,766,411.83, a 16.5% increase from ¥14,238,287,338.37 in Q3 2019[22] - Net profit for Q3 2020 was ¥351,737,380.17, compared to ¥329,486,568.66 in Q3 2019, reflecting a 6.4% increase[23] - The company’s net profit attributable to shareholders was ¥349,743,539.60 in Q3 2020, compared to ¥330,303,769.71 in Q3 2019, marking a 5.0% increase[23] Assets and Liabilities - Total assets at the end of the reporting period reached ¥101.61 billion, an increase of 9.13% compared to the end of the previous year[5] - The company's current assets totaled ¥93.99 billion, up from ¥84.93 billion in the previous year, indicating a growth of about 10.5%[17] - Total liabilities increased to ¥77.41 billion from ¥69.31 billion, which is an increase of about 11.4%[18] - The company's equity attributable to shareholders rose to ¥24.15 billion from ¥23.75 billion, reflecting an increase of approximately 1.7%[18] - The company reported a current liability total of ¥74.99 billion, up from ¥67.16 billion, indicating an increase of about 11.5%[17] - The total amount of new contracts signed in Q3 2020 was ¥314.28 billion, representing 49.04% of the total for the year[14] - The company has a total guarantee balance of ¥286.28 billion for subsidiaries, with 33 guarantees currently in effect[14] Cash Flow - Cash and cash equivalents decreased to ¥23.29 billion from ¥31.15 billion, reflecting a decline of approximately 25.1% year-over-year[16] - The company received CNY 44.19 billion in cash from sales of goods and services in the first nine months of 2020, an increase from CNY 42.14 billion in the same period of 2019[27] - The net cash flow from operating activities was -1,044,531,831.32 RMB for the first three quarters of 2020, compared to 71,347,964.35 RMB in the same period of 2019[30] - Cash inflow from financing activities was 1,500,000,000.00 RMB, with a net cash flow of 1,253,216,511.28 RMB, compared to -291,220,076.99 RMB in the same period of 2019[31] - The total cash inflow from financing activities was 1,533,560,622.00 RMB, reflecting the company's efforts to secure funding[28] Research and Development - The company's R&D expenses increased by 149.11% year-on-year to ¥231.13 million, reflecting a significant investment in technology development[12] - Research and development expenses in Q3 2020 amounted to ¥107,206,576.31, significantly higher than ¥36,431,102.62 in Q3 2019, indicating a 194.5% increase[22] Financial Position Changes - Financial expenses increased to ¥2.38 billion, primarily due to exchange rate fluctuations, resulting in a net foreign exchange loss of ¥0.29 billion[6] - The company recorded a 980.84% increase in other current liabilities to ¥2.51 billion, attributed to adjustments under new revenue standards[10] - The company implemented new revenue recognition standards effective January 1, 2020, with no significant impact on retained earnings[35] - The company reclassified certain receivables and liabilities under the new revenue recognition standards, impacting contract assets and liabilities[35]

Financial Performance - Operating revenue for the first three quarters was ¥44.94 billion, representing a year-on-year growth of 26.17%[4] - Net profit attributable to shareholders was ¥625.62 million, a significant increase of 52.45% year-on-year[4] - Basic earnings per share rose to ¥0.1121, up 52.52% compared to the previous year[3] - The weighted average return on equity increased by 0.88 percentage points to 2.61%[3] - The company reported a 44.70% increase in investment income, amounting to ¥13.89 million, due to higher returns from joint ventures[10] Cash Flow and Liquidity - The net cash flow from operating activities for the first three quarters was -¥7.19 billion, an improvement from -¥11.44 billion in the same period last year[3] - The company reported a net cash outflow from operating activities, leading to a 25.23% decrease in cash and cash equivalents, totaling ¥23.29 billion compared to ¥31.15 billion at the end of the previous year[9] - The company's short-term borrowings decreased by 100%, down to ¥0 from ¥1.5 billion, as subsidiaries repaid their loans[9] Cost Management and Efficiency - The company focused on cost reduction and efficiency improvement, leading to a decrease in selling and administrative expenses by ¥1.85 billion year-on-year[4] - Research and development expenses increased by 149.11% year-on-year, reaching ¥231.13 million, reflecting the company's commitment to enhancing technology development[10] - The company’s cash paid for the purchase of fixed assets decreased by 59.17%, amounting to ¥197.63 million, reflecting reduced capital expenditures[10] Shareholder Information - The total number of shareholders at the end of the reporting period was 57,564, with the largest shareholder holding 54.29% of the shares[6] Contracts and Projects - The company signed new contracts worth ¥640.77 billion in the first three quarters, a 24.69% increase year-on-year, with domestic contracts accounting for ¥566.51 billion and overseas contracts for ¥74.26 billion[11] - Key projects such as Guangdong Petrochemical and Amur Gas Processing Plant are progressing smoothly, enhancing operational efficiency[4] Government Support and Subsidies - The company received government subsidies amounting to ¥19.80 million during the reporting period, which are closely related to its normal business operations[5] Liabilities and Financial Stability - The accounts payable increased by 25.22%, totaling ¥28.10 billion, primarily due to increased project subcontracting and equipment procurement[9] - The company recorded a significant increase in other current liabilities, up 980.84% to ¥2.51 billion, due to adjustments related to new revenue standards[9] - The company has a total of 33 ongoing guarantees with a cumulative amount of ¥286.28 billion, indicating stable financial backing for its subsidiaries[12] Foreign Exchange and Market Impact - The company reported a net foreign exchange loss of ¥294 million, a significant increase compared to a net gain of ¥253 million in the previous year[10]

Financial Performance - The company achieved operating revenue of CNY 28.35 billion, a year-on-year increase of 32.61%[11] - The net profit attributable to shareholders reached CNY 275.88 million, an increase of 244.56% compared to the previous year[11] - The basic earnings per share were CNY 0.0494, up 245.45% from CNY 0.0143 in the same period last year[13] - The gross profit increased by 11.02% year-on-year, indicating effective cost control measures[14] - The company reported a total profit for the first half of 2020 reached ¥538,691,858.69, an increase of 33.9% compared to ¥402,318,700.11 in the same period of 2019[86] - Net profit attributable to shareholders of the parent company was ¥275,875,902.92, up from ¥80,066,055.97, representing a growth of 244.5% year-over-year[86] - The total comprehensive income for the first half of 2020 was ¥280,029,474.28, significantly higher than ¥82,857,596.78 in the first half of 2019, reflecting a growth of 237.5%[87] Cash Flow and Liquidity - The company reported a net cash outflow from operating activities of CNY 8.15 billion, which is a reduction of CNY 1.24 billion compared to the previous year[14] - Cash inflow from operating activities for the first half of 2020 was CNY 30,229,809,275.60, an increase of 11.4% compared to CNY 27,059,505,544.16 in the first half of 2019[90] - Cash outflow from operating activities totaled CNY 38,382,247,299.76, up from CNY 36,450,819,545.06 in the same period last year, resulting in a net cash flow from operating activities of -CNY 8,152,438,024.16, an improvement from -CNY 9,391,314,000.90[90] - The ending balance of cash and cash equivalents was CNY 22,705,542,609.63, down from CNY 24,507,966,435.13 at the end of the first half of 2019[91] Assets and Liabilities - The total assets at the end of the reporting period were CNY 99.04 billion, reflecting a 6.36% increase from the previous year[11] - The company's total liabilities were CNY 2,288,162,901.31, representing 2.31% of total assets, with a notable increase in estimated liabilities by 1,252.20%[34] - The total assets as of June 30, 2020, were ¥27,804,209,423.51, up from ¥25,983,977,636.21 at the end of 2019, marking an increase of 7%[84] - Total liabilities increased to ¥75,181,237,609.12 from ¥69,307,707,648.81, reflecting an increase of about 8.5%[82] Operational Efficiency - The company is actively advancing key projects such as the Guangdong Petrochemical and Amur Gas Processing Plant despite challenges from low oil prices and the COVID-19 pandemic[14] - The company has implemented measures to manage cash flow and reduce operational costs amid the pandemic[14] - The company plans to reduce project costs and improve budget execution to enhance efficiency and cost control capabilities[46] Market and Business Strategy - The company is focused on expanding its upstream business in oil and gas field surface engineering and enhancing its liquefied natural gas technology to reach world-class standards[18] - The company is actively exploring innovative business models such as F+EPC, BOT, and PPP to meet diverse client needs and adapt to market changes[17] - The company aims to achieve significant breakthroughs in international markets by enhancing its project management capabilities and establishing a competitive project management service brand[19] Risk Management - The company has not faced any significant risks that could materially impact its operations during the reporting period[4] - The company is actively managing various risks, including market risks due to global economic uncertainties and oil price fluctuations, and has implemented strategies to enhance market resilience[42] - The company has established a risk warning mechanism and emergency response system to address major unexpected events, such as pandemics and natural disasters[43] Corporate Governance and Compliance - The company is committed to tax risk management by ensuring compliance with tax laws and regulations in both domestic and international projects[43] - The company has committed to maintaining the integrity of its shareholder rights and obligations in accordance with relevant laws and regulations[51] - The company will ensure that its financial accounting department operates independently, establishing its own accounting system and financial management procedures[53] Environmental and Social Responsibility - The company invested a total of RMB 2.699 million in poverty alleviation efforts during the first half of 2020, achieving notable results[66] - The company has established a comprehensive environmental risk prevention and emergency response system to manage environmental impacts[72] - The company is committed to enhancing its pollution control facilities and ensuring compliance with environmental regulations[72] Accounting Policies and Changes - The company implemented the new revenue recognition standards starting January 1, 2020, affecting the financial statements without adjusting prior periods[74] - The company has implemented significant accounting policy changes affecting various financial statement items, including a notable increase in contract liabilities[171] - The company recognizes expected credit losses for receivables and other financial instruments, ensuring compliance with relevant accounting standards[130]

证券代码：600339 证券简称：中油工程 编号：临 2020-020 中国石油集团工程股份有限公司 关于参加 2020 年新疆辖区上市公司 投资者网上集体接待日活动的公告 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。 为便于广大投资者更深入全面地了解公司情况、发展战略、经营状况、融资 计划、股权激励、可持续发展等投资者所关心的问题，中国石油集团工程股份有 限公司（以下简称"公司"）定于 2020 年 6 月 24 日（星期三）下午 15:00-17:30 参加由新疆上市公司协会联合深圳市全景网络有限公司组织开展的 2020 年新疆 辖区上市公司投资者网上集体接待日活动。现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络 远 程 的 方 式 举 行 ， 投 资 者 可 以 登 录 " 全 景 · 路 演 天 下 " 网 站 （http://rs.p5w.net/）或关注微信公众号：全景财经（微信号：p5w2012），参 与公司本次投资者集体接待日活动，活动时间为 2020 年 ...

Financial Performance - The company's operating revenue for 2019 was CNY 65,053,897,823, representing a 9.57% increase compared to CNY 59,374,416,599 in 2018[20] - The net profit attributable to shareholders of the listed company decreased by 16.75% to CNY 803,757,988 from CNY 965,531,579.66 in the previous year[20] - The net cash flow from operating activities was negative at CNY -2,392,623,848, a significant decline compared to CNY 8,687,348,446 in 2018[21] - Total assets at the end of 2019 were CNY 93,113,583,031, a decrease of 1.45% from CNY 94,486,053,781 at the end of 2018[21] - The company's net assets attributable to shareholders increased to CNY 23,752,256,923, reflecting a growth of 0.49% from CNY 23,635,645,958 in 2018[21] - The company reported a decrease of 29.75% in net profit after deducting non-recurring gains and losses, amounting to CNY 594,349,090[20] - Basic and diluted earnings per share were both 0.1440 RMB, down by 16.71% from the previous year[22] - The weighted average return on equity was 3.38%, a decrease of 0.78 percentage points compared to the previous year[22] Revenue Breakdown - In 2019, the company achieved operating revenue of 65.054 billion RMB, a year-on-year increase of 9.57%, with main business revenue of 64.611 billion RMB, also up by 9.56%[24] - The oil and gas field surface engineering segment generated 28.30 billion CNY, accounting for 43.81% of total revenue, with a gross profit of 1.95 billion CNY and a gross margin of 6.87%[64] - The pipeline and storage engineering segment achieved 17.81 billion CNY in revenue, representing 27.56% of total revenue, with a gross profit of 1.32 billion CNY and a gross margin of 7.43%[65] - The refining and chemical engineering segment reported 14.74 billion CNY in revenue, making up 22.81% of total revenue, with a gross profit of 1.22 billion CNY and a gross margin of 8.29%[65] - Domestic revenue was 39.36 billion CNY, a year-on-year growth of 20.34%, accounting for 60.92% of total revenue[65] - International revenue was 25.25 billion CNY, a decline of 3.86%, representing 39.08% of total revenue[65] Cash Flow and Investments - The company reported a net cash flow from operating activities of -2.39 billion RMB, a decrease of 127.54% compared to the previous year[60] - The company’s investment activities generated a net cash outflow of 548 million RMB, reflecting ongoing capital expenditures[60] - The company’s short-term borrowings increased to 1.5 billion yuan, primarily due to increased borrowings by subsidiaries[96] - The company’s accounts payable decreased by 14.64% to 22.441 billion yuan, attributed to payments for subcontracting and procurement[97] - The company’s expected liabilities increased by 54.54% to 42.212 million yuan, reflecting provisions for pending litigation[99] Research and Development - Research and development expenses surged by 105.70% to 307 million RMB, indicating a strong focus on innovation[60] - The total amount of research and development investment was 875.45 million RMB, accounting for 1.35% of total revenue[82] - The company completed 20 national-level research projects and 86 projects at the China National Petroleum Corporation level, highlighting its commitment to technological advancement[57] - The company applied for 379 new patents and received 240 authorizations, including 67 invention patents, demonstrating a commitment to innovation[190] Strategic Initiatives - The company aims to enhance its natural gas liquefaction technology to reach world-class levels and develop unconventional core technologies for coalbed methane, tight gas, and shale gas[35] - The company maintains a flexible and diverse business model, actively exploring innovative commercial models such as F+EPC, BOT, and PPP to meet diverse client needs[34] - The company is focused on environmental engineering, developing technologies for wastewater treatment and carbon capture, aligning with national pollution control initiatives[44] - The company is committed to optimizing processes and reducing energy consumption in refining and chemical engineering, aiming for international advanced levels[36] Market Position and Competition - The company is the largest integrated oil engineering service provider in China, facing increasing competition in the domestic oil and gas engineering construction market[116] - The global oil and gas upstream spending is projected to average USD 65 billion per year from 2019 to 2030, indicating a significant market opportunity[119] - The company anticipates a peak in LNG storage facility construction in the near future, as China is expected to become the world's largest LNG importer by 2030[120] - The company is adapting to industry challenges posed by fluctuating oil prices and the COVID-19 pandemic while exploring long-term growth opportunities in the energy sector[118] Corporate Governance and Compliance - The company has committed to reducing and regulating related party transactions, ensuring fair pricing and compliance with legal procedures[153] - The company has also made commitments to avoid competition with its parent company, ensuring that its core business remains focused on oil and gas engineering services[154] - The company has established a project settlement management mechanism to address accounts receivable risks, including the formation of a leadership team for debt collection and regular aging analysis[139] - The company emphasizes QHSE management to mitigate quality, safety, and environmental risks, with regular evaluations of management responsibilities and strict supervision of on-site operations[140] Social Responsibility and Community Engagement - In 2019, the company invested CNY 8.2935 million in poverty alleviation efforts, achieving positive progress in various areas[181] - The company provided CNY 3.52 million for training and placement of 55 workers in the southern Xinjiang region[182] - The company helped 791 registered poor individuals to escape poverty through various initiatives[184] - The company has provided CNY 2.5 million in donations to support local communities and improve living standards[183] Dividend Policy - The company maintains a cash dividend policy that prioritizes cash distributions when conditions are met, ensuring a reasonable return to investors while supporting sustainable development[144] - The company has a policy that requires at least 30% of the average distributable profit over the last three years to be distributed in cash[145] - The company plans to distribute a cash dividend of CNY 0.44 per 10 shares (including tax), totaling CNY 245,658,488.72, based on a total share capital of 5,583,147,471 shares as of December 31, 2019[150]

Financial Performance - Net profit attributable to shareholders was -¥415.74 million, a decrease of 736.19% year-on-year[4] - Operating revenue for the period was ¥9.69 billion, representing a year-on-year increase of 3.64%[4] - The gross profit margin decreased to 5.44%, down 4.26 percentage points year-on-year, with gross profit of ¥527 million, a decrease of ¥380 million[6] - Basic earnings per share were -¥0.0745, a decrease of 736.75% compared to the previous year[4] - Net profit attributable to shareholders decreased by 736.19% to -¥415,736,246.92 from ¥65,347,842.74, mainly due to reduced gross profit and increased financial expenses[10] - The net profit for Q1 2020 was -416,407,621.48 CNY, compared to a profit of 64,980,577.54 CNY in Q1 2019, indicating a significant decline[25] - The total profit for Q1 2020 was -278,548,555.32 CNY, down from 216,388,675.33 CNY in the same period last year[25] - The total comprehensive income for Q1 2020 was -416,442,290.85 CNY, compared to 64,958,936.54 CNY in Q1 2019[26] Assets and Liabilities - Total assets at the end of the reporting period reached ¥94.38 billion, an increase of 1.36% compared to the end of the previous year[4] - As of March 31, 2020, the company had a total liability of approximately ¥94.38 billion, an increase from ¥93.11 billion at the end of 2019[19] - Total liabilities increased to ¥70,988,005,628.82 from ¥69,307,707,648.81, marking a rise of about 2.4%[22] - Total assets decreased to ¥93,113,583,031.14 from ¥95,475,451,310.38, a reduction of ¥2,361,868,279.24[40] - Current assets totaled ¥84,930,948,322.39, down from ¥87,292,816,601.63, reflecting a decrease of ¥2,361,868,279.24[40] - Total liabilities amounted to ¥69,307,707,648.81, a decrease from ¥71,669,575,928.05, showing a reduction of ¥2,361,868,279.24[38] Cash Flow - Cash and cash equivalents decreased by 23.85% to ¥23,718,139,161.21 from ¥31,147,411,134.25 due to increased net cash outflow from operating activities[9] - Cash flow from operating activities in Q1 2020 was 10,220,265,879.33 CNY, a decrease from 11,745,127,897.86 CNY in Q1 2019[29] - Cash outflow from operating activities totaled 18,867,296,674.85 RMB, an increase of approximately 7% from 17,602,313,848.89 RMB[31] - Cash flow from investment activities showed a net outflow of -52,366,037.41 RMB, compared to -2,138,489.69 RMB in the previous year, reflecting a significant increase in outflow[31] - The ending balance of cash and cash equivalents was 23,563,271,098.52 RMB, down from 27,917,272,131.90 RMB, a decrease of approximately 15.7%[32] Contracts and Projects - The company signed 1,014 new projects with a total contract value of ¥17.79 billion, an increase of 57.60% compared to the same period last year[6] - As of the end of the first quarter, the company had a total of ¥70.92 billion in contracts that were won but not yet signed[6] Cost Management - The company has implemented a cost control strategy, emphasizing that "all costs can be reduced," and has established a comprehensive management system for receivables[13] - The company aims to enhance market resilience by focusing on core business and key markets, improving project execution, and optimizing management operations[12] Challenges and Responses - The company faced significant challenges due to the COVID-19 pandemic and low oil prices, impacting project organization and cost control[5] - The company actively promoted the resumption of work and production, focusing on key projects to drive overall recovery[5] Investment and Financial Strategy - The company plans to optimize its investment structure, directing limited funds towards projects with better prospects and returns[14] - Financial expenses increased by 43.87% to ¥134,339,539.02 from ¥93,373,050.89, primarily due to a decrease in interest income[10] Equity and Shareholder Information - The total equity attributable to shareholders decreased to ¥23,342,394,671.97 from ¥23,752,256,946.45, reflecting a decline of about 1.7%[22] - The company reported a total of ¥3.78 billion in guarantees provided to subsidiaries, with no performance guarantees issued during the reporting period[15]

Financial Performance - Net profit attributable to shareholders was CNY 410.37 million, down 21.84% year-on-year [5]. - Operating revenue for the first three quarters reached CNY 35.62 billion, an increase of 2.72% year-on-year [6]. - The gross profit margin improved to 7.40%, an increase of 1.07 percentage points year-on-year [6]. - The main business revenue from oil and gas field surface engineering increased by 14.07% to CNY 16.48 billion, driven by successful project progress in Russia and the Middle East [6]. - Basic earnings per share decreased to CNY 0.0735, down 21.81% compared to the same period last year [5]. - The weighted average return on net assets was 1.73%, a decrease of 0.55 percentage points year-on-year [5]. - Net profit for the first three quarters of 2019 was CNY 915,017,013.27, up from CNY 804,180,816.32 in the same period of 2018, indicating a growth of approximately 13.8% [23]. - The net profit for Q3 2019 was CNY 329,486,568.66, a decrease from CNY 402,160,902.26 in Q3 2018, representing a decline of approximately 18.0% [25]. - The total profit for Q3 2019 was CNY 523,535,097.39, compared to CNY 507,465,198.88 in Q3 2018, showing an increase of about 3.3% [25]. Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 94.37 billion, a decrease of 0.13% compared to the end of the previous year [5]. - As of the end of the reporting period, cash and cash equivalents decreased by 32.33% to RMB 22.40 billion from RMB 33.10 billion at the end of the previous year [11]. - Accounts receivable decreased by 100% to RMB 0.00, reflecting adjustments in accordance with new financial instrument standards [11]. - Inventory increased by 36.03% to RMB 33.38 billion, primarily due to an increase in completed but unsettled labor items [11]. - Total liabilities reached CNY 70,962,746,329.13, compared to CNY 70,777,664,658.04 in the previous year, showing a slight increase [21]. - The total equity attributable to shareholders decreased to CNY 23,352,915,892.79 from CNY 23,635,645,958.92, a decline of about 1.2% [21]. - The company’s short-term borrowings increased by 724.89% to RMB 1.50 billion, primarily due to new borrowings by subsidiaries [13]. - The company’s total liabilities to subsidiaries amounted to RMB 22.56 billion, with a guarantee balance of RMB 32.39 billion at the end of the reporting period [16]. Cash Flow - Cash flow from operating activities showed a significant decline, with a net cash outflow of CNY 11.44 billion, a decrease of 348.11% year-on-year [5]. - The net cash flow from operating activities was negative RMB 11.44 billion, a decrease of 348.11% compared to RMB 4.61 billion in the previous year [16]. - The total cash outflow from operating activities in the first three quarters of 2019 was CNY 57,908,551,839.21, up from CNY 48,702,801,144.18 in 2018 [32]. - The cash inflow from financing activities was CNY 2,067,802,527.50, an increase from CNY 228,470,035.74 in the same period of 2018 [33]. - The net cash flow from financing activities was CNY 662,884,863.84, compared to -CNY 108,325,432.27 in the previous year [33]. Investments and Acquisitions - The company completed the acquisition of 70% equity in Shanghai Huanqiu Engineering Co., Ltd. and 100% equity in China Petroleum Pipeline Engineering Co., Ltd. [6]. - The company’s investment income decreased by 74.22% to RMB 9.60 million, primarily due to a reduction in interest from Angolan government bonds [14]. - The investment income for the first three quarters of 2019 was CNY 412,193,800.00, an increase from CNY 342,308,900.00 in the same period of 2018, representing a growth of about 20.4% [28]. Expenses - The company reported a 52.73% increase in selling expenses to RMB 72.63 million, mainly due to increased technical service fees and transportation costs [14]. - The company’s management expenses for Q3 2019 were CNY 6,105,789.91, down from CNY 8,738,835.30 in Q3 2018, indicating a decrease of approximately 30.0% [28]. - Research and development expenses for Q3 2019 were CNY 36,431,102.62, compared to CNY 31,090,383.99 in Q3 2018, marking an increase of approximately 17% [24]. Shareholder Information - The company reported a total of 59,348 shareholders at the end of the reporting period [9]. - The company’s undistributed profits amounted to ¥2,844,457,826.08, reflecting a decline of ¥105,929,525.16 from the last reporting period [41].

Financial Performance - The company's operating revenue for the first half of 2019 was approximately ¥21.38 billion, a decrease of 1.07% compared to the same period last year[12]. - The net profit attributable to shareholders was approximately ¥80.07 million, representing a decline of 35.02% year-on-year[12]. - The net cash flow from operating activities was negative at approximately -¥9.39 billion, a significant decrease compared to ¥4.74 billion in the previous year[13]. - The total assets at the end of the reporting period were approximately ¥93.62 billion, down 0.91% from the end of the previous year[13]. - The basic earnings per share for the first half of 2019 was ¥0.0143, a decrease of 35.29% compared to the same period last year[14]. - The weighted average return on net assets was 0.34%, down 0.20 percentage points from the previous year[14]. - The company achieved operating revenue of 21.377 billion RMB in the first half of the year, a decrease of 1.07% year-on-year[15]. - Net profit attributable to shareholders was 80 million RMB, down 35.02% year-on-year, primarily due to increased sales and management expenses[15]. - The net cash flow from operating activities was -9.391 billion RMB, a significant decrease of 298.33% year-on-year, attributed to reduced advance payments and increased cash expenditures[16]. - The company reported a net profit attributable to shareholders of 800.66 million yuan, down 35.02% year-on-year[38]. Acquisitions and Investments - The company completed the acquisition of 70% of Shanghai Global Engineering Co., Ltd. and 100% of China Petroleum Pipeline Engineering Co., Ltd. during the reporting period[14]. - The company acquired 70% of Shanghai Global Engineering Co., Ltd. for ¥18,394.33 thousand based on a net asset evaluation of ¥26,277.62 thousand[76]. - The company also acquired 100% of China Petroleum Natural Gas Pipeline Engineering Co., Ltd. for ¥6,000 thousand based on a net asset evaluation of ¥6,000 thousand[77]. Market and Industry Challenges - The oil and gas engineering construction industry faces challenges due to slowing global economic growth and fluctuating oil prices[22]. - The company is facing market risks due to fluctuations in global oil prices and competition, which may hinder market expansion and sustainable development[51]. - The company plans to enhance market analysis and adjust its business structure to capture emerging market opportunities and improve service range[52]. Project Management and Execution - The company continues to focus on oil and gas engineering construction, providing a full range of services from design to operation maintenance[17]. - The business model remains unchanged, including EPC, EP, PC, and project management contracts[18]. - Seasonal and regional characteristics affect project execution, with peak construction periods concentrated in the second and third quarters[24]. - In the first half of 2019, the company signed 3,759 new projects with a total contract value of RMB 25.152 billion, which is roughly the same as RMB 25.090 billion in the same period last year[34]. - The overseas market contract value reached RMB 4.613 billion, accounting for 18.34% of the total new contracts signed[34]. Financial Management and Risks - The company has not reported any significant risks that could materially affect its operations during the reporting period[2]. - The company is managing the equity of 19 business units and 2 divested units on behalf of its controlling shareholder, China National Petroleum Corporation[80]. - The company has implemented measures to mitigate major project management risks, including detailed market research and strict project implementation monitoring[53]. - Tax policy risks are being managed by ensuring compliance with tax regulations and proactively planning tax management strategies[54]. - The company is addressing exchange rate risks by optimizing foreign investment strategies and using financial instruments to mitigate potential losses[55]. - Accounts receivable risks are being monitored, particularly regarding timely payments from clients for contracted projects[55]. Social Responsibility and Community Engagement - The company has invested RMB 0.5 million in a cattle farm operation project as part of its poverty alleviation efforts, with additional investments in agricultural projects[88]. - The company has installed 125 solar street lights in a targeted poverty alleviation village, demonstrating its commitment to social responsibility[88]. - The company has helped 383 registered impoverished individuals to escape poverty through its initiatives[88]. - The company plans to consolidate poverty alleviation results in Tang County, Hebei, by 2020, and aims for complete poverty alleviation in Xiaoshang Village and Huihan Village by the end of 2019[90]. Corporate Governance and Compliance - The company has not reported any significant litigation or arbitration matters during the reporting period[74]. - The company has retained the auditing firm for the 2019 financial and internal control audits, ensuring continued oversight[74]. - The company has committed to maintaining the independence of its operations, assets, personnel, and financial management from its controlling shareholder[71]. - The company will not engage in any new business activities that directly compete with its existing operations to protect shareholder interests[73]. - The company has established a commitment to avoid any related party transactions that could interfere with its normal business operations[72]. Shareholder and Equity Information - The total number of common stock shareholders reached 60,647 by the end of the reporting period[93]. - China National Petroleum Corporation holds 3,030,966,809 shares, accounting for 54.29% of total shares[93]. - The company has not experienced any changes in its share capital structure during the reporting period[93]. - The total equity attributable to shareholders decreased to CNY 23,306,074,661.12 from CNY 23,635,645,958.92, representing a decline of about 1.39%[102]. Accounting Policies and Financial Reporting - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that its financial statements accurately reflect its financial position and operating results[140]. - The company’s accounting policies and estimates are in compliance with the relevant accounting standards, ensuring transparency in financial reporting[140]. - The company confirmed that there are no significant doubts regarding its ability to continue as a going concern for the next 12 months[139]. - The company has not reported any significant changes in accounting policies or prior period adjustments during this reporting period[119].

证券代码：600339 证券简称：中油工程 编号：临 2019-025 中国石油集团工程股份有限公司 关于参加 2019 年新疆辖区上市公司投资者集体接待日活动 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。 为便于广大投资者更深入全面地了解公司发展战略、经营状况、融资计划、 可持续发展等投资者所关心的问题，公司定于 2019 年 7 月 26 日下午 15:00-17:30 参加由新疆上市公司协会联合深圳市全景网络有限公司组织开展 的 2019 年新疆辖区上市公司投资者网上集体接待日活动。现将有关事项公告如 下： 本次集体接待日活动将在深圳全景网络有限公司提供的网上平台，采取网络 远程的方式举行，投资者可以登录"全景路演天下"网站（http://rs.p5w.net/） 或关注微信公众号：全景财经（微信号：p5w2012），参与公司本次投资者集体接 待日活动，活动时间为 2019 年 7 月 26 日（星期五）15:00 至 17:30。 出席本次集体接待日的人员有：公司董事长白玉光先生、副总经理兼董事会 秘书 ...

Financial Performance - Operating revenue for the reporting period was CNY 9.35 billion, an increase of 12.57% year-on-year[5]. - Net profit attributable to shareholders was CNY 65.35 million, a significant recovery from a loss of CNY 26.97 million in the same period last year[5]. - The company reported a net profit attributable to shareholders of RMB 65,347,842.74, a significant increase compared to a net loss of RMB 26,966,496.66 in the same period last year[12]. - Net profit for Q1 2019 was CNY 64,980,577.54, compared to a net loss of CNY 27,225,554.92 in Q1 2018, indicating a significant turnaround[23]. - The company reported a total comprehensive income of CNY 64,958,936.54 for Q1 2019, compared to a loss of CNY 27,208,164.09 in Q1 2018[24]. - The company recorded an operating profit of CNY 208,890,451.04 for Q1 2019, up from CNY 100,920,357.29 in Q1 2018, reflecting a year-over-year increase of 106.8%[23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 92.99 billion, a decrease of 1.58% compared to the end of the previous year[5]. - The total current assets decreased to CNY 84,385,788,804.21 from CNY 85,590,137,919.48, reflecting a reduction of about 1.41%[17]. - Total liabilities decreased to CNY 69,607,905,962.16 from CNY 70,777,664,658.04, a reduction of about 1.65%[17]. - The total equity attributable to shareholders decreased to CNY 23,314,086,682.07 from CNY 23,635,645,958.92, reflecting a decline of approximately 1.36%[17]. - The company's total current liabilities amounted to CNY 67,939,999,893.56, a decrease from CNY 69,106,095,362.15, representing a decline of approximately 1.7%[17]. - The total liabilities amounted to 69,106,095,362.15 RMB, reflecting the company's financial obligations[33]. Cash Flow - Net cash flow from operating activities was negative CNY 4.56 billion, a decline of 444.89% compared to the previous year[5]. - The cash flow from operating activities for Q1 2019 was -¥4,561,755,192.61, contrasting with a positive cash flow of ¥1,322,683,670.16 in Q1 2018[27]. - The cash received from sales of goods and services was RMB 11.745 billion, a decrease of 33.87% compared to RMB 17.762 billion in the previous year[12]. - The company incurred management expenses of ¥2,696,396.33 in Q1 2019, significantly higher than ¥791,951.67 in Q1 2018[26]. - The cash outflow from investing activities in Q1 2019 was ¥185,129,161.82, compared to ¥158,218,591.86 in Q1 2018[28]. - The cash flow from financing activities in Q1 2019 resulted in a net outflow of -¥376,791,673.55, compared to a net inflow of ¥34,112,832.35 in Q1 2018[28]. Shareholder Information - The total number of shareholders at the end of the reporting period was 61,947[8]. - The largest shareholder, China National Petroleum Corporation, held 54.29% of the shares[9]. Investments and Acquisitions - The company completed the acquisition of 70% of Shanghai Huanqiu Engineering Co., Ltd. for CNY 183.94 million and 100% of China Petroleum Natural Gas Pipeline Engineering Co., Ltd. for CNY 60 million[6]. - The company reported a significant increase of 211.79% in cash paid for acquiring fixed assets, totaling RMB 185.13 million, indicating increased capital expenditure[12]. - The company's long-term investments remained stable at CNY 278,253,490.12, unchanged from the previous period[16]. Research and Development - The company's research and development expenses increased by 55.15% year-over-year, reflecting a commitment to enhancing technology development[11]. - Research and development expenses for Q1 2019 amounted to CNY 29,906,808.88, an increase from CNY 19,276,323.37 in Q1 2018, representing a growth of 55.2%[21].