中国石化上海石油化工股份有限公司 独立董事关于第十一届董事会第三次会议相关事项 的独立意见 致：中国石化上海石油化工股份有限公司及全体股东 2、董事会就本次持续关联交易有关议案表决时，关联董事回避了表决，表 决程序符合境内外有关法律、法规和规范性文件之规定以及公司章程的有关规 定。 3、本次持续关联交易是按照一般商业条款进行的，对公司及全体股东而言 是公平与合理的，不存在损害公司和中小股东利益的情形。 4、本次持续关联交易确定的截至 2024 年 12 月 31 日、2025 年 12 月 31 日 止各年度的最高限额，是基于本公司业务情况和涉及使用财务服务的交易数额， 参考此前与与中国石油化工集团有限公司相关交易及交易金额所作出的估计。本 次持续关联交易确定的最高限额对公司及全体股东而言是公平与合理的。 1 5、同意本次持续关联交易以及本次持续关联交易在截至 2024 年 12 月 31 日、2025 年 12 月 31 日止各年度的最高限额。 二、关于《上海石化与中国石化财务有限责任公司关联交易的风险评估报告》 的独立意见 中国石化财务有限责任公司（以下简称"财务公司"）作为非银行金融机构， 其业务范围、 ...

证券代码：600688 证券简称：上海石化 公告编号：临 2023-36 中国石化上海石油化工股份有限公司 关于召开 2023 年第三季度业绩说明会的公告 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法律责任。 重要内容提示： 投资者可于 2023 年 10 月 19 日(星期四) 至 10 月 25 日(星期 三)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（spc@spc.com.cn）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。 中国石化上海石油化工股份有限公司（以下简称"公司"或"本 公司"）拟于 2023 年 10 月 26 日发布公司 2023 年第三季度报告，为 便于广大投资者更全面深入地了解公司 2023 年第三季度经营成果、 财务状况，公司计划于 2023 年 10 月 26 日上午 9:00-10:00 举行 2023 年第三季度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 会议召开时间：2023 年 10 月 26 日(星期四) 上午 9:00-10: ...

中國石化上海石油化工股份有限公司（「本公司」及其附屬公司「本集團」）董事會（「董事 會」）玆通告謹定於2023年10月25日（星期三）舉行董事會會議，以審議並批准本集團截至 2023年9月30日止九個月之第三季度業績以作刊發之用及處理其他事項。 承董事會命 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的內容概不負責，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分內容而 產生或因依賴該等內容而引致的任何損失承擔任何責任。 Sinopec Shanghai Petrochemical Company Limited 00338 董事會會議召開日期 本公告乃依據《香港聯合交易所有限公司證券上市規則》第13.43條而作出。 中國石化上海石油化工股份有限公司 聯席公司秘書 劉剛 中國，上海，2023年10月11日 於本公告刊登日，本公司的執行董事為萬濤、管澤民、杜軍及黃翔宇；本公司的非執行 董事為解正林及秦朝暉；及本公司的獨立非執行董事為唐松、陳海峰、楊鈞、周穎及黃 江東。 ...

Financial Performance - The company's operating revenue for the first half of 2023 was RMB 44,937,051, a decrease of 2.10% compared to RMB 45,900,355 in the same period last year[7]. - The total loss for the period was RMB -1,211,974, representing an increase in loss of 173.83% from RMB -442,601 in the previous year[7]. - The net loss attributable to shareholders of the parent company was RMB -988,277, which is a 126.65% increase from RMB -436,042 in the same period last year[7]. - The basic loss per share for the first half of 2023 was RMB -0.092, compared to RMB -0.040 in the same period last year[9]. - The company reported a significant tax benefit of RMB 226,288 thousand due to increased losses compared to the previous year[30]. - The company reported a gross loss of RMB 1,090,281 thousand, compared to a gross loss of RMB 539,032 thousand in the previous year, indicating a significant increase in losses[106]. - The net loss attributable to shareholders reached RMB 988,277 thousand, a 126.65% increase compared to RMB 436,042 thousand in the same period last year[30]. Cash Flow and Financial Position - The net cash flow used in operating activities was RMB -226,882, a significant decline from RMB -6,405,122 in the previous year[7]. - The group's cash outflow from operating activities in the first half of 2023 was RMB 280 million, significantly reduced from RMB 6.445 billion in the same period last year, due to lower cash payments for goods and taxes[22]. - The company's cash and cash equivalents at the end of June 2023 stood at RMB 4,611 million, a significant increase from RMB 2,439 million at the end of June 2022[116]. - The net cash inflow from financing activities was RMB 3,427,414 thousand for the first half of 2023, compared to RMB 1,946,321 thousand in the same period of 2022, representing a year-over-year increase of approximately 76%[196]. - The net cash inflow from investment activities for the first half of 2023 was RMB 513,477 thousand, down from RMB 1,776,708 thousand in the first half of 2022[195]. Assets and Liabilities - The total assets increased by 1.11% to RMB 41,701,821 from RMB 41,242,782 at the end of the previous year[7]. - The total liabilities as of June 30, 2023, amounted to RMB 16,295,519 thousand, an increase of 9.5% from RMB 14,871,357 thousand at the end of 2022[192]. - The total equity attributable to shareholders of the parent company decreased to RMB 25,276,032 thousand from RMB 26,243,746 thousand, reflecting a decline of 3.7%[192]. - The company's total assets as of June 30, 2023, were RMB 41,701,821 thousand, compared to RMB 41,242,782 thousand at the end of 2022, indicating a slight increase[192]. - The company's total liabilities amounted to RMB 15,428,340 thousand, compared to RMB 13,998,338 thousand at the end of 2022, an increase of 10.24%[188]. Operational Efficiency and Cost Management - The company is focusing on optimizing product structure and improving product quality to adapt to the changing market dynamics and increasing competition[14]. - The company has made progress in optimizing its business processes and reducing costs, with a focus on increasing production efficiency and reducing losses[18]. - The company reduced its other auxiliary material expenses by 23.74% to RMB 3.726 billion compared to the same period last year[20]. - The company achieved a product sales rate of 98.93% and a cash collection rate of 100% for the first half of 2023[16]. Research and Development - R&D expenses increased to RMB 68,062 thousand, up 86.85% from RMB 36,426 thousand in the previous year[30]. - The company is actively researching new technologies in the refining sector, including green raw material technology and CO2 capture and utilization technology[13]. Market and Industry Position - The company is positioned in the rapidly growing East China region, which is a key market for high-quality petrochemical products[13]. - In the first half of 2023, domestic crude oil production and processing both increased, while product prices and revenues saw a decline year-on-year[13]. - The company has over 50 years of experience in the petrochemical industry, which enhances its competitive advantage in quality and logistics[14]. Environmental Compliance and Sustainability - The company has received the title of "Green Enterprise" from Sinopec Group as of January 13, 2023[70]. - The company achieved a 100% compliance rate for sulfur dioxide emissions, with an actual average concentration of 6.39 mg/m3 against a limit of 35 mg/m3[75]. - The company has implemented effective pollution prevention measures, achieving stable emissions within regulatory limits[75]. - The company has established nine emergency response plans for environmental incidents, including specific plans for water body risks and hazardous chemical leaks[77]. Shareholder and Governance - The company has not issued any bonds for all subsidiaries[38]. - The company has not changed its accounting firm during the reporting period[53]. - The company has complied with all provisions of the Corporate Governance Code during the reporting period[101]. - The first meeting of the Audit and Compliance Management Committee was held on August 22, 2023, to review financial reports and discuss risk management[100].

(A joint stock limited company incorporated in the People's Republic of China) （在中華人民共和國註冊成立之股份有限公司） （Stock Code 股份代號：00338） N O T I F I C AT I O N L E T T E R 通 知 信 函 20 September 2023 The English and Chinese versions of the Current Corporate Communications are available on the Company's website at www.spc.com.cn and the HKEXnews website of The Stock Exchange of Hong Kong Limited (the "HKEX") at www.hkexnews.hk. You may access the Current Corporate Communication by clicking "Investor Relations" on the home ...

N OT IF IC ATI ON LET TE R 通 知 信 函 Dear Non-registered holder(1) , (A joint stock limited company incorporated in the People's Republic of China) （在中華人民共和國註冊成立之股份有限公司） （Stock Code 股份代號：00338） 20 September 2023 Sinopec Shanghai Petrochemical Company Limited (the "Company") – Notice of Publication of the 2023 Interim Report (the "Current Corporate Communications") The English and Chinese versions of the Company's Current Corporate Communications are available on the Company's website at www.spc.com.cn and the ...

Financial Performance - The company's operating revenue for the first half of 2023 was RMB 44,937,051, a decrease of 2.10% compared to the same period last year[7]. - The total loss for the period was RMB -1,211,974, representing an increase in loss of 173.83% year-on-year[7]. - The net loss attributable to shareholders of the parent company was RMB -988,277, an increase of 126.65% compared to the previous year[7]. - The basic loss per share for the period was RMB -0.092, compared to RMB -0.040 in the same period last year[9]. - The company reported a gross loss of RMB 1,090,281 thousand, compared to a gross loss of RMB 539,032 thousand in the previous year[106]. - The net loss for the period was RMB 964,097 thousand, compared to a net loss of RMB 421,379 thousand in the prior year[108]. - The total comprehensive income for the six months ended June 30, 2023, was RMB (985,707) thousand, compared to RMB (157,357) thousand for the same period in 2022, indicating a challenging financial environment[193]. Cash Flow and Liquidity - The net cash flow used in operating activities was RMB -226,882, a significant decline of 96.46% from the previous year[7]. - The company's cash flow from operating activities for the first half of 2023 showed a positive trend, contributing to the overall liquidity position of the company[187]. - The net cash flow from investment activities for the first half of 2023 was RMB 513,477 thousand, a decline from RMB 1,776,708 thousand in the first half of 2022[195]. - The company reported a net cash inflow from financing activities of RMB 3,427,414 thousand for the first half of 2023, compared to RMB 1,946,321 thousand in the same period of 2022, representing a year-over-year increase of approximately 76%[196]. - The total cash and cash equivalents at the end of June 2023 amounted to RMB 4,610,758 thousand, up from RMB 2,438,650 thousand at the end of June 2022, indicating a significant increase of approximately 89%[196]. Assets and Liabilities - The total assets at the end of the reporting period were RMB 41,701,821, an increase of 1.11% compared to the end of the previous year[7]. - The total liabilities increased to RMB 15,428,340 thousand from RMB 13,998,338 thousand, marking a growth of 10.24%[188]. - The company's total equity as of June 30, 2023, was RMB 26,273,481 thousand, reflecting an increase from RMB 25,244,444 thousand at the end of 2022, a growth of 4.08%[188]. - The company's long-term equity investments decreased to RMB 3,384,009 thousand from RMB 3,594,393 thousand, a decline of 5.85%[188]. Operational Highlights - Total production of main products reached 6.3172 million tons, an increase of 16.30% year-on-year[16]. - The company achieved a product sales rate of 98.93% and a cash collection rate of 100% (excluding related parties) in the first half of 2023[16]. - The company processed a total of 7.0939 million tons of crude oil, including 403,100 tons of processing for others, representing a year-on-year increase of 22.41%[16]. - The company is actively adjusting its product structure and improving product quality to meet the increasing domestic demand for high-quality petrochemical products[13]. Research and Development - R&D expenses increased to RMB 68,062 thousand, up 86.85% compared to RMB 36,426 thousand in 2022[30]. - The company is focusing on technological advancements in the refining and chemical industry, including new production technologies and green chemical products[13]. Market Position and Strategy - The company is positioned in the rapidly growing East China region, which is a key market for high-quality petrochemical products[13]. - The company emphasizes its competitive advantages in quality, geographical location, and vertical integration in production[14]. - The company has over 50 years of experience in petrochemical production and management, contributing to its strong market position[14]. Environmental Compliance - The company has been recognized as a "Green Enterprise" by Sinopec Group, reflecting its commitment to environmental protection[70]. - The company achieved a 100% compliance rate for sulfur dioxide emissions, with an actual average concentration of 0.01-30 mg/m3 against a permissible limit of 10-100 mg/m3[71]. - The company has implemented stringent measures to control emissions, exceeding national and local standards[70]. Shareholder Information - Sinopec Corp. holds 5.459 billion shares, representing 50.55% of the total shares, which gives it absolute control over the company[48]. - The company has a total issued share capital of 10,785,000,000 shares, with 67.84% owned directly or indirectly by China Petroleum Group[90]. - The company did not declare any interim dividends for the six months ended June 30, 2023, consistent with the previous year[141]. Risks and Challenges - The company faces risks related to the cyclical nature of the oil and petrochemical market, which can significantly impact operating performance due to price fluctuations[42]. - The company relies on imported crude oil for over 95% of its production, exposing it to procurement risks and the inability to fully pass on increased costs to customers[43]. - Fluctuations in the RMB exchange rate against the USD and other currencies may adversely affect the company's business and financial results[46].

证券代码：600688 证券简称：上海石化 公告编号：临 2023-35 中国石化上海石油化工股份有限公司 关于召开 2023 年半年度业绩说明会的公告 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法律责任。 重要内容提示： 中国石化上海石油化工股份有限公司（以下简称"公司"或"本 公司"）已于 2023 年 8 月 24 日发布公司 2023 年半年度报告，为便于 广大投资者更全面深入地了解公司 2023 年半年度经营成果、财务状 况，公司计划于 2023 年 9 月 26 日上午 9:00-10:00 举行 2023 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 会议召开时间：2023 年 9 月 26 日(星期二) 上午 9:00-10:00 会议召开地点：上海证券交易所上证路演中心（"上证路演中心"） （网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 9 月 19 日(星期二) 至 9 月 25 日(星期 一)16:00 ...

Financial Performance - The company's operating revenue for the first half of 2023 was RMB 44,937,051 thousand, a decrease of 2.10% compared to RMB 45,900,355 thousand in the same period last year[9]. - The total loss for the period was RMB 1,211,974 thousand, representing an increase of 173.83% from a loss of RMB 442,601 thousand in the previous year[9]. - The net loss attributable to shareholders of the parent company was RMB 988,277 thousand, an increase of 126.65% compared to RMB 436,042 thousand in the same period last year[9]. - The company reported a net loss attributable to shareholders of RMB 988.28 million for the first half of 2023, compared to a loss of RMB 436.04 million in the same period last year, representing an increase in loss of 126.67%[13]. - In the first half of 2023, the company achieved a net sales revenue of RMB 38.66 billion, a decrease of 3.69% compared to the same period last year[20]. - The company reported a net loss of RMB 9.67 billion for the first half of 2023, an increase of RMB 5.40 billion compared to a loss of RMB 4.27 billion in the same period last year[21]. - The company reported a basic and diluted loss per share of RMB 0.092 for the six months ended June 30, 2023, compared to RMB 0.040 for the same period in 2022[105]. - The total comprehensive loss for the six months ended June 30, 2023, was RMB 985,707 million, compared to a total comprehensive income of RMB 157,357 million for the same period in 2022[105]. Cash Flow and Financing - The net cash flow used in operating activities was RMB -226,882 thousand, a significant decrease of 96.46% from RMB -6,405,122 thousand in the previous year[9]. - The company’s cash outflow from operating activities was RMB 280 million, significantly reduced from RMB 6.44 billion in the same period last year[22]. - The company achieved a net cash flow from financing activities of RMB 3,427,414,000, a 76.10% increase compared to the previous year, reflecting increased borrowing activities[33]. - The net cash flow from operating activities for the first half of 2023 was a negative RMB 226,882 thousand, a significant improvement compared to a negative RMB 6,405,122 thousand in the same period of 2022[108]. - The company raised RMB 16,018,000 thousand in loans during the first half of 2023, up from RMB 9,455,000 thousand in the same period of 2022[110]. Assets and Liabilities - The net assets attributable to shareholders of the parent company at the end of the reporting period were RMB 25,276,032 thousand, down 3.69% from RMB 26,243,746 thousand at the end of the previous year[10]. - Total assets at the end of the reporting period were RMB 41,701,821 thousand, an increase of 1.11% from RMB 41,242,782 thousand at the end of the previous year[10]. - The company's total borrowings increased by RMB 34.98 billion to RMB 57.48 billion as of June 30, 2023[24]. - The asset-liability ratio as of June 30, 2023, was 38.97%, up from 31.58% a year earlier[26]. - The total liabilities reached RMB 16,295,519 thousand as of June 30, 2023, up from RMB 14,871,357 thousand at the end of 2022, reflecting a rise of approximately 9.5%[99]. Production and Sales - The total production of main products increased by 16.30% year-on-year, reaching 6.3172 million tons in the first half of 2023[18]. - The company processed 7.0939 million tons of crude oil, including 403,100 tons of processing for others, marking a 22.41% increase year-on-year[18]. - The production of gasoline was 1.6047 million tons, up 10.80% year-on-year, while diesel production increased by 40.74% to 1.8454 million tons[18]. - The production of aviation kerosene surged by 107.24% to 816,100 tons in the first half of 2023[18]. - The company's product sales rate was 98.93%, with a cash collection rate of 100% excluding related parties[18]. Research and Development - R&D expenses increased by 86.85% to RMB 68,062,000 due to the rise in research projects during the reporting period[33]. - The company is actively researching new technologies in the refining and chemical industry, including CO2 capture and utilization technology, to adapt to the ongoing transformation in the energy sector[15]. Environmental Compliance - The company achieved a 100% compliance rate for sulfur dioxide emissions, with an actual average concentration of 0.01-30 mg/m³ and a total discharge of 88.51 tons[62]. - The company also maintained a 100% compliance rate for nitrogen oxides, with an actual average concentration of 0.1-85 mg/m³ and a total discharge of 564.73 tons[62]. - The company reported a total discharge of 299.25 tons for chemical oxygen demand, achieving a daily average compliance rate of 100%[64]. - The company received no administrative penalties for environmental issues during the reporting period[72]. Corporate Governance - The board of directors has approved the half-year report in a meeting attended by all directors[2]. - The company held its annual general meeting on June 28, 2023, where various reports and proposals were approved[51]. - The company has complied with all provisions of the Corporate Governance Code as per the Hong Kong Listing Rules during the reporting period[59]. Shareholder Information - The major shareholder, Sinopec Corp., holds 5.459 billion shares, accounting for 50.55% of the total shares, indicating absolute control over the company[50]. - The total number of ordinary shareholders as of the end of the reporting period is 94,357[89]. - The company did not issue any securities during the reporting period[88]. Risks and Challenges - The company faces risks related to the cyclical nature of the oil and petrochemical market, which may adversely affect its operations[44]. - The company relies on imported crude oil for over 95% of its needs, exposing it to procurement risks and price fluctuations[45]. - The company is exposed to risks from currency fluctuations, particularly the depreciation of the RMB against foreign currencies, which could increase costs and impact profitability[48].

Financial Performance - Operating revenue for the first half of 2023 was RMB 44,937,051, a decrease of 2.10% compared to RMB 45,900,355 in the same period last year[5]. - Total loss for the period was RMB -1,211,974, representing an increase of 173.83% from RMB -442,601 in the previous year[5]. - Net loss attributable to shareholders of the parent company was RMB -988,277, up 126.65% from RMB -436,042 in the same period last year[5]. - Basic loss per share for the period was RMB -0.092, compared to RMB -0.040 in the same period last year[6]. - The company reported a pre-tax loss of RMB 1.190 billion, an increase of RMB 0.757 billion compared to a pre-tax loss of RMB 0.433 billion in the same period last year[19]. - The company reported a net loss of RMB 1,211,974 thousand for the first half of 2023, compared to a loss of RMB 442,601 thousand in the same period of 2022, representing an increase in losses of approximately 174.5%[55]. - The total comprehensive income for the six months ended June 30, 2023, was RMB (964,118,000), compared to RMB (147,866,000) in the same period of the previous year, indicating a deterioration in overall financial health[70]. Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of RMB -226,882, a significant decrease of 96.46% compared to RMB -6,405,122 in the previous year[5]. - The company's cash flow from investment activities included a cash inflow of RMB 1,000,000 thousand from the recovery of term deposits due within one year, a decrease from RMB 5,950,000 thousand in the previous year[77]. - The cash inflow from financing activities generated a net inflow of RMB 3,427,414 thousand, compared to RMB 1,946,321 thousand in the same period last year, indicating improved financing conditions[58]. - The total cash and cash equivalents increased by RMB 3,714,009 thousand for the six months ended June 30, 2023, compared to a decrease of RMB (2,682,093) thousand in the same period of 2022[78]. - The company's cash and cash equivalents increased to RMB 6,931,677 thousand, representing 16.62% of total assets, a 73.36% increase from RMB 3,998,332 thousand at the end of 2022[39]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 41,701,821, an increase of 1.11% from RMB 41,242,782 at the end of the previous year[6]. - The company's total liabilities reached RMB 16,295,519 thousand, up from RMB 14,871,357 thousand, indicating an increase of about 9.5%[53][54]. - The asset-liability ratio as of June 30, 2023, was 38.97%, up from 31.58% a year earlier[29]. - The total amount of accounts payable as of June 30, 2023, was RMB 2,162,096 thousand, down from RMB 2,926,534 thousand as of December 31, 2022, reflecting a decrease of approximately 26%[103]. Shareholder Information - The major shareholder, China Petroleum & Chemical Corporation, holds 5,459,455,000 A shares, representing 50.55% of the total issued shares[11]. - The company’s total issued A shares are 10,785,000,000, with 74.49% of A shares held by major shareholders[14]. - The total number of ordinary shareholders at the end of the reporting period was 94,357[9]. - The company has not received any notifications regarding additional shareholdings from directors or senior management beyond those disclosed[15]. Research and Development - R&D expenses increased to RMB 68,062 thousand, up 86.85% from RMB 36,426 thousand in 2022 due to increased R&D projects[36]. - Research and development expenses (excluding depreciation and amortization) for the six months ended June 30, 2023, were RMB 66,689 thousand, compared to RMB 34,884 thousand for the same period in 2022, marking an increase of approximately 91%[92]. Operational Highlights - Total production of main products reached 6.3172 million tons, an increase of 16.30% year-on-year[19]. - The company processed 7.0939 million tons of crude oil, including 0.4031 million tons of processing, representing a year-on-year increase of 22.41%[19]. - The sales revenue for synthetic fibers, resins and plastics, intermediate petrochemical products, and petrochemical product trading decreased by 3.0%, 10.58%, 15.19%, and 38.75% respectively, while petroleum products increased by 12.01%[22]. Compliance and Governance - The company has adhered to all corporate governance codes as per the Hong Kong Listing Rules during the reporting period[50]. - The company has implemented new accounting standards effective from January 1, 2023, which may impact future financial reporting[7]. - The company’s financial data is prepared in accordance with International Financial Reporting Standards, and the interim financial statements are unaudited[18].