证券代码：600759 证券简称：洲际油气 公告编号：2025-041 号 洲际油气股份有限公司关于股份回购进展公告 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： | 回购方案首次披露日 | 2024/11/26 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 月 2024 25 | 11 | 日~2025 | 年 | 月 11 | 24 | 日 | | 预计回购金额 | 10,000万元~20,000万元 | | | | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | | | | □为维护公司价值及股东权益 | | | | | | | | 累计已回购股数 | 0万股 | | | | | | | | 累计已回购股数占总股本比例 | 0% | | | | | | | | 累计已回购金额 | 0万元 | | | | | | | | ...

Core Viewpoint - The company announced a share buyback plan, indicating a commitment to returning value to shareholders through the repurchase of shares [1] Group 1 - The company will hold its 15th meeting of the 13th Board of Directors on November 25, 2024, to review the share buyback proposal [1] - The share buyback will utilize a budget of no less than 100 million yuan and no more than 200 million yuan [1] - The maximum repurchase price is set at 3.89 yuan per share, with a buyback period of 12 months from the approval date [1] - As of September 12, 2025, the company has not yet repurchased any shares [1]

Group 1 - The company has not yet initiated a stock buyback as of September 12, 2025 [1] - On November 25, 2024, the company’s 13th Board of Directors held its 15th meeting and approved a proposal for a stock buyback through centralized bidding [1] - The company plans to use no less than RMB 100 million and no more than RMB 200 million for the buyback, with a maximum repurchase price of RMB 3.89 per share [1] Group 2 - The buyback period is set for 12 months from the date the Board approved the buyback plan [1] - The company will implement the buyback plan based on market conditions [1]

Company Overview - Intercontinental Oil and Gas Co., Ltd. is located in Beijing and Haikou, established on August 20, 1984, and listed on October 8, 1996 [2] - The company's main business includes oil exploration and development, investment in petrochemical projects, and related technical services [2] - Revenue composition: 99.88% from oil and gas sales, 0.12% from services and others [2] Financial Performance - For the first half of 2025, the company achieved operating revenue of 1.056 billion yuan, a year-on-year decrease of 20.60% [2] - The net profit attributable to the parent company was 49.76 million yuan, down 54.38% year-on-year [2] - Cumulative cash dividends since A-share listing amount to 264 million yuan, with no dividends paid in the last three years [3] Stock Performance - As of September 11, the stock price of Intercontinental Oil and Gas was 2.28 yuan per share, with a market capitalization of 9.46 billion yuan [1] - Year-to-date stock price change is +0.44%, with a 4.20% decline over the past 20 days and a 16.18% decline over the past 60 days [1] - The company has appeared on the trading leaderboard three times this year, with the most recent instance on June 24, showing a net buy of -19.44 million yuan [1] Shareholder Information - As of August 20, the number of shareholders was 118,000, a decrease of 5.55% from the previous period [2] - The average circulating shares per person increased by 5.88% to 35,102 shares [2] - The top circulating shareholder as of June 30, 2025, is the Southern CSI 1000 ETF, holding 38.31 million shares as a new shareholder [3]

Group 1 - The oil and gas extraction sector increased by 0.74% on September 10, with Intercontinental Oil & Gas leading the gains [1] - The Shanghai Composite Index closed at 3812.22, up 0.13%, while the Shenzhen Component Index closed at 12557.68, up 0.38% [1] - Key stocks in the oil and gas extraction sector showed varied performance, with Intercontinental Oil & Gas closing at 2.33, up 2.19%, and Blue Flame Holdings at 7.12, up 1.57% [1] Group 2 - The net inflow of main funds in the oil and gas extraction sector was 42.14 million yuan, while retail funds saw a net inflow of 15.31 million yuan [1] - The main funds for Intercontinental Oil & Gas had a net inflow of 19.68 million yuan, representing 4.21% of the total, despite a net outflow from retail and speculative funds [2] - Blue Flame Holdings experienced a net inflow of 18.67 million yuan from main funds, accounting for 15.57% of the total, while also facing outflows from other fund types [2]

Core Viewpoint - The oil and gas extraction sector experienced a decline of 0.71% on September 9, with Intercontinental Oil & Gas leading the drop. The Shanghai Composite Index closed at 3807.29, down 0.51%, while the Shenzhen Component Index closed at 12510.6, down 1.23% [1]. Group 1: Market Performance - The oil and gas extraction sector saw a net outflow of 1.09 billion yuan from main funds, while retail investors contributed a net inflow of 8980.39 million yuan [1]. - The closing prices and percentage changes for key stocks in the oil and gas extraction sector included: - *ST New潮: 3.94, down 0.51% - 蓝焰控股: 7.01, down 0.57% - 與奧圖士: 25.95, down 0.76% - 洲际油气: 2.28, down 0.87% [1]. Group 2: Fund Flow Analysis - The main fund flow for key stocks showed: - *ST New潮: Main fund net inflow of 60.53 million yuan, retail net inflow of 497.56 million yuan - 蓝焰控股: Main fund net outflow of 294.71 million yuan, retail net inflow of 326.66 million yuan - 洲际油气: Main fund net outflow of 550.29 million yuan, retail net outflow of 79.14 million yuan - 中国海油: Main fund net outflow of 1.01 billion yuan, retail net inflow of 8235.30 million yuan [2].

证券之星消息，9月5日油气开采板块较上一交易日上涨0.93%，*ST新潮领涨。当日上证指数报收于 3812.51，上涨1.24%。深证成指报收于12590.56，上涨3.89%。油气开采板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 600777 | *ST新潮 | 4.02 | 2.81% | 31.23万 | | 1.25 亿 | | 000968 | 蓝焰控股 | 6.94 | 0.87% | 9.05万 | | 6231.09万 | | 600759 | 洲际油气 | 2.28 | 0.44% | 112.15万 | | 2.52亿 | | 600938 | 與奧圖于 | 25.74 | 0.39% | 34.43万 | | 8.83亿 | | 代码 | 名称 | 主力净流入 (元) | | | 主力净占比 游资净流入 (元) 游资净占比 散户净流入 (元) 散户净占比 | | | | --- | --- | --- | --- | --- | -- ...

Core Insights - The global energy demand is rising, particularly in developing countries, leading to increased reliance on oil and gas [1][10] - Continuous tubing is increasingly applied in oil and gas field development due to its efficiency and flexibility, especially in unconventional resource extraction [1][10] - The continuous tubing industry is evolving with advancements in technology, resulting in higher strength, better corrosion resistance, and longer service life [1][10] - The market size of China's continuous tubing industry is projected to reach 4.342 billion yuan in 2024, reflecting a year-on-year increase of 3.1% [1][10] Industry Overview - Continuous tubing, also known as coiled tubing, is made from low-carbon alloy steel and is characterized by its flexibility and continuous length, which can reach several kilometers [3][8] - The tubing must withstand high pressures (up to 70 MPa) and harsh downhole conditions, necessitating high strength and excellent plasticity [3][8] Industry Chain - The upstream of the continuous tubing industry involves the production of raw materials, primarily high-strength low-alloy steel and special alloy materials [8] - The midstream focuses on the manufacturing of continuous tubing, while the downstream encompasses its application in oil and gas field operations such as workover, drilling, completion, and logging [8] Market Dynamics - China's crude oil production is expected to rise from 191.506 million tons in 2017 to 212.823 million tons in 2024, with a 1.3% year-on-year increase in the first half of 2025 [9][10] - The growth in production is supported by both mature oil fields and new fields, contributing to a stable increase in demand for continuous tubing [9][10] Competitive Landscape - The global continuous tubing service market is highly concentrated, with major players like Schlumberger, Halliburton, and Baker Hughes holding about 60% of the market share [10] - Domestic companies are increasing R&D investments to enhance their product offerings and achieve domestic substitution for high-end products [10] Development Trends - The future of the continuous tubing industry is expected to focus on high-strength tubing to meet the demands of deeper wells [13] - There is a push towards the intelligent and automated development of the industry, incorporating fiber optics for remote monitoring and real-time decision-making [14] - The application of continuous tubing is expanding beyond traditional oil and gas sectors into geothermal energy development, driven by the need for corrosion-resistant and high-insulation materials [15]

Group 1 - The oil and gas extraction sector increased by 0.15% compared to the previous trading day, with China National Offshore Oil Corporation (CNOOC) leading the gains [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] - The trading volume and turnover for key stocks in the oil and gas extraction sector were significant, with CNOOC closing at 26.38, up 1.70% with a turnover of 26.41 billion yuan [1] Group 2 - The net capital flow in the oil and gas extraction sector showed a net outflow of 4.87 million yuan from main funds, while retail funds experienced a net outflow of 24.31 million yuan [1] - CNOOC had a net inflow of 74.62 million yuan from main funds, but a net outflow of 84.68 million yuan from retail investors, indicating mixed investor sentiment [2] - Other companies like Blue Flame Holdings and ST Xinchao experienced significant net outflows from main funds, highlighting potential concerns among institutional investors [2]

Core Viewpoint - The financial performance of Continental Oil and Gas (stock code: 600759) for the first half of 2025 shows significant declines in revenue and profit, attributed mainly to falling international oil prices and increased operational costs [1][8]. Financial Performance Summary - Total revenue for the first half of 2025 was 1.056 billion yuan, a decrease of 20.6% compared to 1.33 billion yuan in the same period of 2024 [1]. - Net profit attributable to shareholders was 49.76 million yuan, down 54.38% from 109 million yuan in the previous year [1]. - The gross margin was 56.96%, a decline of 2.36% year-on-year, while the net margin fell to 6.94%, down 24.97% [1]. - The total of selling, administrative, and financial expenses reached 204 million yuan, accounting for 19.31% of total revenue, an increase of 31.84% year-on-year [1]. - Earnings per share dropped to 0.01 yuan, a decrease of 58.14% from 0.03 yuan [1]. Cash Flow and Investment Summary - Operating cash flow per share was 0.02 yuan, down 67.93% from 0.05 yuan [1]. - The company experienced a significant increase in investment activities, particularly in the Iraq project, leading to a 608.52% decline in cash flow from investing activities [8]. - The company’s cash and cash equivalents decreased by 46.92% to 468 million yuan due to increased investments in the Iraq project [1]. Changes in Assets and Liabilities - Accounts receivable increased by 52.13% due to higher oil receivables [2]. - Prepayments surged by 252.59% due to increased advance payments for equity acquisitions [2]. - Other receivables rose by 74.98% related to trade business guarantees [3]. - Short-term borrowings increased as the company took on more debt [4]. - The company’s long-term borrowings were reclassified due to the postponement of loans from a subsidiary [7]. Fund Holdings - The largest fund holding shares in Continental Oil and Gas is the Huatai-PineBridge CSI Oil and Gas Resources ETF, with a scale of 121 million yuan and a recent net value of 1.0024 [8].