Financial Performance - The company's operating revenue for 2022 was ¥2,836,218,400.04, representing a 15.61% increase compared to ¥2,453,215,434.28 in 2021[22]. - The net profit attributable to shareholders of the listed company was -¥738,586,046.01, an improvement of 21.69% from -¥943,190,528.41 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥96,251,785.77, compared to ¥704,024.52 in 2021, marking a significant increase[22]. - The net cash flow from operating activities was ¥738,545,873.76, up 19.91% from ¥615,914,604.68 in 2021[22]. - The basic earnings per share for 2022 was -0.3263 CNY, an improvement of 21.69% compared to -0.4167 CNY in 2021[23]. - The diluted earnings per share for 2022 was also -0.3263 CNY, reflecting the same percentage increase as the basic earnings per share[23]. - The net profit attributable to shareholders for Q4 2022 was -802,622,258.37 CNY, a significant decline compared to the profit of 77,699,615.06 CNY in Q1 2022[25]. - The total operating revenue for Q3 2022 was 769,992,983.26 CNY, while Q4 2022 saw a decrease to 731,047,952.34 CNY[25]. - The company reported a net profit of -739 million RMB for the year 2022, indicating a significant financial loss[136]. - The net profit after tax for 2022 was 40,347.52 million RMB, compared to 31,773.08 million RMB in 2021, representing a growth of approximately 27.1%[78]. Assets and Liabilities - Total assets at the end of 2022 were ¥13,020,580,994.47, a decrease of 2.26% from ¥13,321,180,625.83 at the end of 2021[22]. - The net assets attributable to shareholders of the listed company decreased by 10.97% to ¥3,823,509,227.62 from ¥4,294,414,009.55 in 2021[22]. - As of December 31, 2022, the company's current liabilities exceeded current assets by 3.897 billion RMB, highlighting weak short-term solvency[136]. - The company has overdue debts totaling 2.374 billion RMB, which raises concerns about its financial stability[136]. - The company has accumulated undistributed profits of -943 million RMB, further indicating financial distress[136]. - The company has recognized a provision for contingent liabilities amounting to CNY 1.392377 billion due to guarantees provided, which is a critical audit matter[193]. Operational Highlights - The company achieved an annual crude oil production of 554,000 tons in 2022, meeting all production targets despite external challenges[31]. - The Ma Teng project exceeded its crude oil production target with a total of 283,676 tons for the year, contributing to overall operational success[33]. - The company’s oil production reached 205 million tons in 2022, marking a four-year consecutive increase, with a year-on-year growth of 2.7% in overseas oil and gas equity production[40]. - The company’s ethylene production capacity reached 4.953 million tons per year, surpassing the United States and becoming the world's largest[40]. - The company implemented cost-saving measures and optimized production processes to enhance operational efficiency throughout 2022[32]. Risks and Challenges - The company has outlined potential risks in the "Management Discussion and Analysis" section of the report, advising investors to be cautious[6]. - The company faces risks related to oil price fluctuations, currency exchange rates, and cross-border operations, which may impact financial performance[92][93]. - The company is currently undergoing a pre-restructuring process as per a court decision, but has not yet provided an approved restructuring plan[136]. - The company is facing significant operational and financial risks due to its current liabilities and negative net profit[136]. Governance and Compliance - The company received a qualified audit opinion from Da Hua Certified Public Accountants, indicating potential issues in financial reporting[4]. - The company has established a robust HSE management system to mitigate safety risks associated with oil exploration and production[93]. - The company has engaged legal counsel to ensure compliance during shareholder meetings, confirming the legality of the proceedings[97]. - The company has established several specialized committees, including the audit committee and the strategic committee, to enhance governance[112]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 86,452, an increase from 79,202 at the end of the previous month[168]. - The largest shareholder, Guangxi Zhenghe Industrial Group Co., Ltd., holds 508,341,781 shares, representing 22.46% of the total shares[170]. - The company does not have a controlling shareholder situation, indicating a more distributed ownership structure[175]. - The actual controller of the company is Hui Ling, who has held various significant positions in other companies[176]. Legal Matters - The company is involved in a significant lawsuit regarding a loan dispute, with a judgment requiring repayment of principal amounting to RMB 10.6 million and associated penalties[149]. - The company is currently in the execution phase of multiple court rulings, with assets being frozen for a period of three years[149]. - The company has been ordered to pay overdue interest at a rate of 11.25% on unpaid amounts, compounding from the date of default[152]. - The company is required to repay a principal amount of RMB 296,805,367.58 and interest of RMB 83,466,318.24 to Haikou Rural Commercial Bank within 15 days of the judgment becoming effective[152]. Future Outlook - The company plans to maintain crude oil production above 200 million tons in 2023[84]. - The company aims to enhance oil and gas production capacity while ensuring energy supply security amid global economic uncertainties and energy market challenges[85]. - The company plans to leverage its strategic location in Hainan to develop oil trading and new energy projects[50]. - The company is exploring new strategies for mergers and acquisitions to strengthen its market position and drive growth[101].

洲际油气股份有限公司关于参加 证券代码：600759 证券简称：ST 洲际 公告编号：2023-032 号 2022 年度海南辖区上市公司业绩说明会的公告 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个别及连带责任。 为推动辖区上市公司进一步建立董事会与投资者的良好沟通机制，让投资者 更准确地读懂年度报告、更全面地了解上市公司，切实提高上市公司透明度和治 理水平，海南证监局将与深圳市全景网络有限公司、海南上市公司协会联合举办 "海南辖区投资者网上集体接待日暨上市公司业绩说明会"活动，活动时间为 2023 年 5 月 26 日 14:30-17:00，平台登陆地址为：http://rs.p5w.net。 届时，公司主要高管人员将参加本次活动，通过网络在线交流形式，就公司 2022 年年报披露、财务数据、公司治理、内部控制、发展战略、经营状况、现金 分红、重大事项、可持续发展等投资者所关心的问题，与投资者进行"一对多" 形式的沟通与交流。欢迎广大投资者踊跃参与。 特此公告。 洲际油气股份有限公司董事会 2023 年 5 月 18 日 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥541,093,881.58, representing a decrease of 20.40% compared to the same period last year[4]. - The net profit attributable to shareholders of the listed company was -¥25,148,914.65, a decline of 132.37% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥9,930,926.51, down 90.25% from the previous year[4]. - The net loss for Q1 2023 was RMB 127,701,449.21, compared to a net loss of RMB 79,580,585.75 in Q1 2022, reflecting a worsening financial performance[28]. - The company experienced a net loss attributable to shareholders of approximately $25.15 million, compared to a profit of $77.70 million in the previous year[34]. - The total comprehensive income for the first quarter of 2023 was -127,701,449.21 RMB, compared to -79,580,585.75 RMB in the same period of 2022, indicating a decline[38]. Cash Flow - The net cash flow from operating activities was ¥217,847,697.87, showing a slight decrease of 0.36%[4]. - Net cash flow from operating activities was -188,788.66 RMB, a significant decrease from 1,508,367.91 RMB in Q1 2022[40]. - Cash inflow from operating activities totaled 173,577,031.51 RMB, while cash outflow was 173,765,820.17 RMB, resulting in a net cash outflow[40]. - The company reported cash and cash equivalents of 94,082.43 RMB at the end of Q1 2023, down from 1,595,915.54 RMB at the end of Q1 2022[40]. Assets and Liabilities - Total assets at the end of the reporting period were ¥13,124,960,465.77, an increase of 0.80% from the end of the previous year[7]. - The total assets as of Q1 2023 amounted to RMB 8,984,004,080.56, slightly up from RMB 8,972,253,436.91 in the previous year[24]. - The total liabilities increased to RMB 7,565,639,528.18 in Q1 2023 from RMB 7,426,187,435.32 in Q1 2022, indicating a rise in financial obligations[24]. - Total liabilities increased to ¥9,226,107,262.88 in Q1 2023 from ¥9,011,553,505.63 in Q1 2022, reflecting a growth of 2.4%[48]. - The total equity attributable to shareholders decreased to ¥3,699,078,165.10 in Q1 2023 from ¥3,823,509,227.62 in Q1 2022, a decline of 3.2%[48]. Costs and Expenses - Financial expenses increased by 102.45%, primarily due to higher interest expenses and exchange rate fluctuations[10]. - The financial expenses for Q1 2023 were RMB 129,137,276.31, significantly higher than RMB 64,552,762.73 in Q1 2022, primarily due to increased interest expenses[28]. - The company reported a significant increase in financial expenses, totaling approximately $121.44 million, compared to $59.99 million in the previous year[32]. - Total operating costs for the period were approximately $487.34 million, slightly up from $485.86 million in the previous period[32]. Shareholder Equity - The equity attributable to shareholders of the listed company was ¥3,699,078,165.10, down 3.25% from the end of the previous year[7]. - The company's equity decreased to RMB 1,418,364,552.38 in Q1 2023 from RMB 1,546,066,001.59 in Q1 2022, indicating a decline in shareholder value[24]. - The company's retained earnings showed a negative balance of ¥967,882,563.52 in Q1 2023, compared to a negative balance of ¥942,733,648.87 in Q1 2022[48]. Other Financial Metrics - The weighted average return on net assets decreased by 2.47 percentage points to -0.67%[7]. - The average international oil price decreased by 16.7% compared to the previous period, impacting revenue and profits[10]. - Basic earnings per share were reported at -0.0111, down from 0.0343 in the previous year[34]. - Other comprehensive income after tax showed a loss of approximately $88.50 million, compared to a loss of $29.47 million in the previous year[34].

Financial Performance - The company's operating revenue for 2022 was CNY 2,836,218,400.04, representing a 15.61% increase compared to CNY 2,453,215,434.28 in 2021[19]. - The net profit attributable to shareholders of the listed company was a loss of CNY 738,586,046.01, an improvement of 21.69% from a loss of CNY 943,190,528.41 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was CNY 96,251,785.77, a significant increase from CNY 704,024.52 in 2021[19]. - The net cash flow from operating activities was CNY 738,545,873.76, up 19.91% from CNY 615,914,604.68 in 2021[19]. - The total assets at the end of 2022 were CNY 13,020,580,994.47, a decrease of 2.26% from CNY 13,321,180,625.83 at the end of 2021[19]. - The net assets attributable to shareholders of the listed company decreased by 10.97% to CNY 3,823,509,227.62 from CNY 4,294,414,009.55 in 2021[19]. - The basic earnings per share for 2022 was -0.3263 CNY, an improvement of 21.69% compared to -0.4167 CNY in 2021[21]. - The diluted earnings per share for 2022 was also -0.3263 CNY, reflecting the same percentage increase as the basic earnings per share[21]. - The net profit attributable to shareholders for Q1 2022 was 77.70 million CNY, while Q4 2022 reported a significant loss of -802.62 million CNY[23]. - The total operating revenue for Q3 2022 was 769.99 million CNY, with Q4 2022 showing a decrease to 731.05 million CNY[23]. - Non-recurring gains and losses for 2022 totaled -834.84 million CNY, indicating significant financial challenges[26]. - The weighted average return on equity for 2022 was -18.20%, an increase of 1.47 percentage points from -19.67% in 2021[21]. - The financial expenses decreased by 6.19% to 441,374,647.14 CNY, indicating improved cost management[51]. - The company reported a net profit of -739 million RMB for the year 2022, indicating a significant financial loss[134]. - Current liabilities exceeded current assets by 3.897 billion RMB, highlighting weak short-term solvency[134]. - The cumulative undistributed profits amounted to -943 million RMB, reflecting ongoing financial challenges[134]. Operational Highlights - The company achieved an annual crude oil production of 554,000 tons in 2022, meeting all production targets[29]. - The Ma Teng project exceeded its crude oil production target with a total of 283,676 tons for the year[31]. - The company’s overseas oil and gas equity production reached 18.5 million tons in 2022, a year-on-year increase of 2.7%[38]. - The company’s domestic crude oil production reached 205 million tons, marking a four-year consecutive increase[38]. - The company’s ethylene production capacity reached 4.953 million tons per year, surpassing the United States and becoming the world's largest[38]. - The company implemented cost-saving measures and optimized production processes to enhance operational efficiency[30]. - The company completed essential engineering projects, including road repairs and pipeline replacements, ensuring stable production operations in the oilfield[32]. - The company is focused on optimizing its business layout and asset structure, driven by project value enhancement and acquisitions[40]. - The company plans to maintain crude oil production above 200 million tons and expects natural gas production to exceed 230 billion cubic meters in 2023[82]. - The company aims to enhance oil and gas production capacity while advancing green and low-carbon transformation to ensure energy supply security[83]. Market and Revenue Trends - The average price of Brent crude oil in 2022 was USD 99.04 per barrel, an increase of 39.6% year-on-year, reflecting significant market volatility[44]. - Oil and gas sales revenue reached ¥2,797,138,050.59, with a gross margin of 67.74%, reflecting a year-over-year increase of 5.37 percentage points[53]. - Domestic revenue decreased by 25.55%, while overseas revenue increased by 16.51%, indicating a shift towards international markets[53]. - The company experienced a decrease in crude oil imports by 0.9% year-on-year, totaling 50,828 million tons in 2022[47]. - The production of natural gas increased by 6.4% year-on-year, reaching 2,178 billion cubic meters in 2022[47]. Strategic Initiatives - The company is focusing on a dual-driven development strategy of "project value enhancement + project mergers and acquisitions" to expand its global business network[48]. - The company plans to leverage its advantages in Hainan Free Trade Port to develop oil trading and new energy projects[48]. - The company aims to address the significant oil and gas supply gap by pursuing overseas resource acquisition opportunities[47]. - The company is actively expanding its non-core business, enhancing property management, and improving commercial environments to stabilize income[34]. - The company is committed to improving its governance structure and internal control systems to ensure effective management and compliance with regulations[93]. Legal and Compliance Issues - The company received a qualified audit opinion from Da Hua Certified Public Accountants for the 2022 financial statements[4]. - The company has not engaged in non-operating fund occupation by controlling shareholders or related parties[6]. - There are no violations of decision-making procedures for providing guarantees to external parties[6]. - The company has outlined potential risks in the "Management Discussion and Analysis" section of the report[6]. - The company has been ordered to liquidate assets to repay debts if it fails to comply with the court's obligations[148]. - The company is involved in multiple legal proceedings related to loan disputes and asset management[151]. - The company has been ordered to pay RMB 296,805,367.58 in principal and interest related to a loan dispute with Haikou Rural Commercial Bank, with ongoing negotiations for settlement[149]. Governance and Management - The company held its annual general meeting on May 16, 2022, where the 2021 annual report and financial statements were approved[94]. - The company conducted two extraordinary general meetings in 2022, on June 24 and July 27, to approve various operational agreements and the election of non-independent and independent directors[95]. - The total pre-tax remuneration for the chairman was 910,000 CNY, while the CEO received 390,000 CNY for the reporting period[97]. - The company has maintained a consistent shareholding structure among its board members throughout the reporting period[97]. - The company’s management team includes several vice presidents and a financial director, with varying remuneration levels[97]. - The company has a structured compensation policy aimed at achieving internal equity and external competitiveness, aligning salaries with job value, ability, and performance[118][119]. Future Outlook - The expected domestic oil consumption for 2023 is projected to be 756 million tons, representing a year-over-year growth of 5.1%[82]. - The anticipated natural gas consumption for 2023 is 386.5 billion cubic meters, with a growth rate of 5.2%[82]. - The company plans to invest CNY 243 million in capital expenditures, primarily for drilling, oilfield operations, and related infrastructure improvements[88]. - Future guidance indicates a cautious outlook, with emphasis on maintaining current revenue levels[99]. - The company aims to leverage its expertise in oil and gas to capitalize on emerging market opportunities[99].

2022 年第三季度报告 单位：元 币种：人民币 1 / 17 证券代码：600759 证券简称：ST 洲际 洲际油气股份有限公司 2022 年第三季度报告 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人陈焕龙、主管会计工作负责人万巍及会计机构负责人（会计主管人员）马玉叶保 证季度报告中财务信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 本报告 | --- | --- | --- | --- | --- | |-----------------------------------------------|----------------|---------------------------------|------------------|---------------------- ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,335,177,464.44, representing a 15.48% increase compared to ¥1,156,227,294.51 in the same period last year[23]. - The net profit attributable to shareholders of the listed company reached ¥123,642,107.92, a significant increase of 117.74% from ¥56,782,993.94 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was ¥173,109,609.61, up 191.62% from ¥59,361,025.00 in the same period last year[23]. - The net cash flow from operating activities was ¥496,005,314.90, which is a 139.62% increase compared to ¥206,997,764.02 in the previous year[23]. - Basic earnings per share for the first half of 2022 were ¥0.0546, an increase of 117.53% from ¥0.0251 in the same period last year[23]. - The total profit amounted to CNY 24,448.07 million, with a net profit attributable to shareholders of CNY 12,364.21 million, resulting in earnings per share of CNY 0.0546[42]. - The company reported a net profit for the first half of 2022 of CNY 138,958,598.14, compared to CNY 56,447,426.10 in the same period of 2021, representing an increase of 146.5%[152]. - The total comprehensive income attributable to the parent company for the first half of 2022 was CNY 279.35 million, compared to CNY -18.65 million in the same period of 2021[157]. Assets and Liabilities - The total assets at the end of the reporting period were ¥13,903,896,444.86, reflecting a 4.37% increase from ¥13,321,180,625.83 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company were ¥4,573,767,739.05, showing a 6.51% increase from ¥4,294,414,009.55 at the end of the previous year[23]. - Total assets increased to CNY 9,351,869,206.16 from CNY 9,126,292,524.13, marking a growth of 2.5%[148]. - Total liabilities rose to CNY 7,010,181,320.50 from CNY 6,738,407,906.29, indicating an increase of 4.0%[148]. - The company's total equity decreased to CNY 2,341,687,885.66 from CNY 2,387,884,617.84, a decline of 1.9%[148]. - The total current assets amount to 1,011,264,901.08 RMB, an increase from 617,379,655.92 RMB in the previous period, reflecting a growth of approximately 63.67%[136]. - The total non-current assets reached CNY 7,915,669,746.43, an increase from CNY 7,711,919,309.17, representing a growth of 2.6%[146]. Cash Flow - Cash and cash equivalents increased by 420.26% to ¥339,480,820.08, primarily due to rising oil prices and prepayments from subsidiary Maten Company[51]. - The net cash flow from operating activities for the first half of 2022 was CNY 496.01 million, up from CNY 206.99 million in the first half of 2021, indicating a growth of 139.9%[160]. - The total cash inflow from operating activities was 14,986,603.72 RMB, compared to 13,918,279.60 RMB in the previous year, indicating a year-over-year increase of approximately 7.7%[163]. - The company reported a total cash inflow from financing activities of 2,400,000.00 RMB, while cash outflow was 10,479,226.40 RMB, resulting in a net cash flow from financing activities of -8,079,226.40 RMB[166]. Operational Highlights - The company completed an oil production of 28.2 million tons from the Keshan project in the first half of 2022, ensuring the achievement of production and operational indicators[43]. - The Maten project produced 14.41 million tons of oil in the first half of 2022, successfully meeting planned production targets despite adverse weather conditions[44]. - The company focuses on oil exploration and development, as well as investment in petrochemical projects and related technical services[28]. - The company aims to optimize its business layout and asset structure while actively expanding profit channels and improving operational efficiency[30]. Market and Strategic Outlook - The global oil and gas upstream investment growth remains limited, with a downward trend in capital expenditure over the past decade[33]. - The geopolitical situation, particularly the Russia-Ukraine conflict, has significantly impacted global oil supply dynamics[33]. - The company is responding to the "Belt and Road" initiative by enhancing its international oil and gas market presence[30]. - The company emphasizes a dual-driven development strategy of "project value enhancement + project mergers and acquisitions"[30]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[159]. Legal and Compliance Issues - The company is involved in a significant lawsuit regarding a loan dispute, with a court ruling requiring repayment of principal amounting to RMB 10.6 million and associated penalties[88]. - The company has been involved in multiple legal disputes regarding loan repayments, indicating potential liquidity challenges[91]. - The company is actively managing its legal obligations and has engaged in settlement agreements to resolve disputes[91]. - The company has disclosed ongoing litigation and execution proceedings related to its financial obligations[100]. Governance and Management - The company appointed Dai Xiaoping as the new president, succeeding Chen Huanlong[72]. - The company has established a multi-tier governance structure, including a board of directors and several specialized committees[185]. - The financial statements are prepared based on actual transactions in accordance with the accounting standards issued by the Ministry of Finance[189].

Financial Performance - The company's operating revenue for 2021 was CNY 2,453,215,434.28, representing a 51.22% increase compared to CNY 1,622,278,319.25 in 2020[20]. - The net profit attributable to shareholders of the listed company was a loss of CNY 943,190,528.41, a decrease of 639.63% from a profit of CNY 174,784,501.31 in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 704,024.52, a significant improvement from a loss of CNY 289,747,871.46 in 2020, marking a 100.24% increase[20]. - The net cash flow from operating activities was CNY 615,914,604.68, up 11.52% from CNY 552,295,931.48 in 2020[20]. - Basic earnings per share for 2021 was -0.4167 CNY, a decrease of 639.77% compared to 2020[23]. - The company reported a net profit attributable to shareholders of -762,420,234.01 CNY in Q4 2021, with a total annual revenue of 2,523,215,434.28 CNY[24]. - The weighted average return on equity decreased by 22.95 percentage points to -19.67% in 2021 compared to 2020[23]. - The company reported a significant increase in tax and additional fees by 84.98% due to rising international oil prices[57]. - The company’s tax expenses for the year amounted to 23,734.45 million RMB, compared to 7,393.58 million RMB in the previous year, reflecting a significant increase[89]. - The company’s management expenses increased to 10,317.30 million RMB in 2021 from 6,780.15 million RMB in 2020, marking an increase of approximately 52.5%[89]. Assets and Liabilities - Total assets at the end of 2021 were CNY 13,321,180,625.83, a decrease of 6.16% from CNY 14,195,676,482.48 at the end of 2020[20]. - The company's net assets attributable to shareholders decreased by 18.92% to CNY 4,294,414,009.55 from CNY 5,296,459,758.02 in the previous year[20]. - The company's total assets at the end of the reporting period amounted to CNY 1,332,118,060.00, with equity attributable to shareholders of CNY 429,441,400.00[57]. - The confirmed oil reserves at the end of the period were 1,469.68 million tons, down from 1,530.47 million tons at the end of the previous period, representing a decrease of approximately 3.95%[79]. - The company’s total production costs were reported at 55,154.13 million RMB in 2021, slightly down from 56,294.05 million RMB in 2020[89]. Production and Operations - The company achieved an annual crude oil production of 626,300 tons in 2021, overcoming challenges posed by the pandemic[33]. - The company completed 27 well interventions, resulting in an increase of oil production in 20 wells, and implemented targeted measures in various oil fields[36]. - The company produced 932,266 tons of crude oil, with a sales volume of 918,885 tons, indicating a production decrease of 4% and a sales decrease of 3% year-over-year[62]. - The company is focusing on expanding its production capacity and optimizing drilling plans in response to rising oil prices[33]. - The company plans to optimize production processes and reduce operational costs through enhanced management practices[33]. Strategic Initiatives - The company plans to continue optimizing its business layout and asset structure, focusing on energy-related industries and expanding profit channels[45]. - The company is focusing on a dual-driven development strategy of "project value enhancement + project acquisition" to expand its global business network[53]. - The company aims to address high external dependence on oil and gas through increased domestic exploration and production efforts[43]. - The company is exploring new energy project investments to optimize its industry layout and asset structure[105]. - The company’s strategy includes a dual approach of project value enhancement and acquisitions to drive growth in traditional oil and gas exploration[104]. Risks and Challenges - The company faced significant risks as outlined in the management discussion and analysis section, which investors are advised to review carefully[7]. - The company faces oil and gas product price fluctuation risks, as crude oil sales prices are determined by international oil prices, which are influenced by global political and economic changes, supply and demand conditions, and geopolitical events[109]. - The company operates with foreign currency accounting, exposing it to financial and exchange rate risks, particularly during its acquisition expansion phase, which requires significant funding[109]. - The company is exposed to cross-border operational risks due to differences in laws, regulations, and business practices between Kazakhstan and China, where its main oil and gas assets are located[110]. - The company has established and continuously improved its HSE management system to mitigate safety production risks associated with oil exploration and development, although it cannot completely eliminate potential economic losses from unforeseen incidents[111]. Legal and Compliance Issues - The company is involved in multiple legal disputes, including a loan repayment case where it is required to repay a principal amount of RMB 300 million plus interest and penalties[176]. - The company has been ordered to repay a loan of 10.6 million yuan and pay penalties as per a final judgment in a loan dispute case[169]. - The company has properties in Liuzhou, Guangxi, which are subject to legal claims, including 53 properties and corresponding land use rights[177]. - The company has been ordered to pay legal fees of RMB 1 million in connection with the guarantee contract dispute[183]. - The company has been subject to enforcement actions, including property seizures, as part of the court's rulings in various disputes[185]. Management and Governance - The total pre-tax remuneration for the board members and senior management during the reporting period amounted to CNY 1,006.3 million[121]. - The company has a diverse management team with extensive experience in oil and gas exploration and production, including international project management[121]. - The company has maintained a stable management structure with no significant changes in the board composition during the reporting period[121]. - The company continues to focus on enhancing its management capabilities through experienced personnel in the oil and gas sector[121]. - The company has implemented a governance self-inspection and made necessary adjustments to ensure compliance with regulatory requirements[149].

Financial Performance - The company's operating revenue for Q1 2022 was ¥679,804,410.76, representing a year-on-year increase of 27.17%[6] - The net profit attributable to shareholders for Q1 2022 was ¥77,699,615.06, showing a significant increase of 9,664% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥101,805,706.30, reflecting a year-on-year growth of 12,407%[6] - The basic earnings per share for Q1 2022 was ¥0.03, marking an increase of 8,482% year-on-year[6] - The total net profit attributable to shareholders of the parent company was ¥77,699,615.06, compared to ¥795,752.56 in the previous period, indicating a significant increase[33] - The total comprehensive income attributable to the parent company was ¥48,335,447.45, compared to a loss of ¥23,394,332.05 in the previous period[36] - The operating profit for the period was ¥193,849,421.79, up from ¥26,565,637.85 in the previous period, reflecting strong operational performance[33] - The company reported a total profit of ¥169,750,370.99, compared to ¥26,465,911.67 in the previous period, highlighting strong profitability growth[33] Cash Flow - The net cash flow from operating activities for Q1 2022 was ¥218,626,789.99, which is an increase of 187% compared to the previous year[6] - Cash flow from operating activities was ¥608,638,740.75, compared to ¥378,344,932.70 in the previous period, showing a substantial increase[36] - The net cash flow from operating activities was ¥218,626,789.99, compared to ¥76,047,810.18 in the previous period, indicating improved cash generation[39] - In Q1 2022, the net cash flow from operating activities was ¥1,508,367.91, a significant improvement compared to a net outflow of ¥4,251,999.19 in Q1 2021[52] - Total cash inflow from operating activities in Q1 2022 was ¥3,491,358.04, down from ¥6,991,951.74 in Q1 2021, indicating a decrease of approximately 50%[52] - Cash outflow from operating activities in Q1 2022 was ¥1,982,990.13, compared to ¥11,243,950.93 in Q1 2021, reflecting a reduction of about 82%[52] - The company received ¥1,183,275.08 in cash related to other operating activities in Q1 2022, a significant increase from ¥150,990.53 in Q1 2021[52] - The company paid ¥802,733.68 in cash to employees in Q1 2022, compared to ¥1,507,264.70 in Q1 2021, indicating a reduction of approximately 47%[52] Assets and Liabilities - Total assets at the end of Q1 2022 amounted to ¥13,480,827,700.16, a 1.20% increase from the end of the previous year[9] - The equity attributable to shareholders at the end of Q1 2022 was ¥4,342,749,457.00, reflecting a 1.13% increase from the end of the previous year[9] - Total liabilities increased to CNY 8,822,457,998.87 from CNY 8,730,843,677.19, representing a growth of approximately 1.05%[26] - The company's total assets amounted to CNY 13,480,827,700.16, up from CNY 13,321,180,625.83, reflecting an increase of about 1.2%[26] - The total equity attributable to shareholders rose to CNY 4,342,749,457.00 from CNY 4,294,414,009.55, an increase of about 1.1%[26] - The company's total current assets were ¥1,389,820,010.68, a slight decrease from ¥1,414,373,214.96 at the end of 2021[40] - The company's total liabilities as of March 31, 2022, were ¥6,797,078,149.23, compared to ¥6,738,407,906.29 at the end of 2021[46] Operating Costs and Expenses - Total operating costs decreased to CNY 485,862,497.75 in Q1 2022 from CNY 507,371,387.29 in Q1 2021, a reduction of about 4.5%[30] - Operating costs related to sales decreased from CNY 260,664,281.61 in Q1 2021 to CNY 234,453,645.65 in Q1 2022, a decline of approximately 10%[30] - Tax and additional charges increased to CNY 154,125,813.53 in Q1 2022 from CNY 115,502,556.03 in Q1 2021, an increase of about 33.4%[30] - Financial expenses decreased from CNY 85,994,703.81 in Q1 2021 to CNY 59,986,531.46 in Q1 2022, a reduction of approximately 30.3%[30] - The company's financial expenses for Q1 2022 were ¥64,552,762.73, significantly higher than ¥22,561,456.57 in Q1 2021[46] - The company incurred income tax expenses of ¥83,595,411.44, compared to ¥25,099,610.64 in the previous period, reflecting higher taxable income[33] Subsidiary Performance - The performance of the subsidiary, Maten Company, significantly contributed to the net profit growth during the reporting period[10] Non-Recurring Items - The company reported non-recurring losses of ¥24,135,370.40 due to expected guarantee losses[10]

2021 年第三季度报告 单位：元 币种：人民币 1 / 11 证券代码：600759 证券简称：洲际油气 洲际油气股份有限公司 2021 年第三季度报告 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。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人陈焕龙、主管会计工作负责人万巍及会计机构负责人（会计主管人员）伍二梅保 证季度报告中财务报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 本报告期比 年初至报告期 | --- | --- | --- | --- | --- | |-----------------------------------------------|-----------------|---------------------------|------------------|-------------- ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥1,156,227,294.51, representing a 54.44% increase compared to ¥748,658,592.10 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was ¥56,782,993.94, a significant recovery from a loss of ¥161,744,575.68 in the previous year[20]. - Basic earnings per share for the reporting period were ¥0.0251, compared to a loss of ¥0.0715 in the same period last year[20]. - The weighted average return on net assets was 1.07%, an improvement of 4.12 percentage points from -3.05% in the previous year[20]. - The company achieved operating revenue of 115,622.73 million RMB, a year-on-year increase of 54.44%[35]. - The net profit attributable to the parent company was 5,678.30 million RMB, marking a turnaround from loss to profit compared to the same period last year[35]. - The company reported a net profit attributable to shareholders of RMB 174,784,501.31 for the fiscal year 2020, indicating a positive retained earnings in the consolidated financial statements[67]. - The company reported a significant increase in other receivables to ¥127,881,975.39 from ¥113,269,591.72, an increase of approximately 12.9%[121]. - The company reported a total profit for the first half of 2021 of CNY 126,761,652.38, compared to a total loss of CNY 181,609,014.04 in the first half of 2020[138]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥206,997,764.02, down 13.33% from ¥238,840,456.84 in the same period last year[20]. - Cash and cash equivalents decreased by 36.70% to ¥78.58 million, down from ¥124.14 million year-over-year[46]. - The total cash and cash equivalents at the end of the period stood at ¥57,861,379.10, compared to ¥53,924,739.41 at the end of the same period last year, reflecting an increase of 7.0%[150]. - Cash inflow from operating activities totaled ¥896,585,157.39, down from ¥924,407,439.20 in the previous year, reflecting a decline of approximately 3.0%[147]. - The net cash flow from investing activities was -¥60,065,489.54, compared to -¥63,501,263.79 in the first half of 2020, showing an improvement of 6.5%[150]. Assets and Liabilities - The total assets at the end of the reporting period were ¥14,244,571,229.11, a slight increase of 0.34% from ¥14,195,676,482.48 at the end of the previous year[20]. - The total liabilities increased to ¥8,673,917,211.99 from ¥8,577,945,135.02, reflecting a growth of approximately 1.1%[126]. - The company's total equity decreased to ¥5,570,654,017.12 from ¥5,617,731,347.46, a decline of about 0.8%[126]. - The total owner's equity at the end of the reporting period was 5,617,731,347.46, which includes minority interests of 321,271,589.44[156]. - The total liabilities at the end of the reporting period were not explicitly stated but can be inferred from the equity and asset figures[159]. Operational Highlights - The Klshan project produced 308,300 tons of crude oil in the first half of 2021, ensuring the achievement of production targets[39]. - The Mateng project achieved a crude oil production of 154,600 tons in the first half of 2021, successfully meeting all production targets[39]. - The company is focused on energy-related industries and actively seeks to expand profitable channels while enhancing operational efficiency[26]. - The company continues to explore new profit growth points in energy projects, leveraging its advantages in Hainan Free Trade Port[34]. Market and Industry Context - The average price of Brent crude oil in the first half of 2021 reached $65.233 per barrel, an increase of $20.938 per barrel or 47.30% compared to the second half of 2020, and up $23.129 per barrel or 54.90% year-on-year[30]. - The EIA forecasts a global oil demand increase of 5.4 million barrels per day in 2021, reaching 96.7% of pre-pandemic levels[30]. - In Q3 2021, global oil demand is expected to rise by 3.1 million barrels per day, reaching 97.4% of pre-pandemic levels[30]. Risks and Challenges - The company faces risks related to oil price fluctuations, foreign exchange rates, and cross-border operations, which may impact financial performance[54][55][56]. - The company has not disclosed any significant risks or uncertainties highlighted in the report that could impact future performance[7]. - The company has established an HSE management system to mitigate safety risks associated with oil exploration and production[56]. Governance and Management - The management team is composed of experienced professionals with expertise in oil and gas exploration, production, and cross-border mergers and acquisitions[34]. - The company has established a multi-tier governance structure, including a board of directors and various specialized committees[172]. Environmental and Social Responsibility - The company is committed to energy conservation and emission reduction through equipment upgrades and the adoption of new technologies[69]. - There were no administrative penalties related to environmental issues during the reporting period[70]. - The company has established good relationships with government agencies and communities to contribute to a better ecological environment[69]. Shareholder Information - The company has a total of 94,612 common shareholders as of the end of the reporting period[105]. - The largest shareholder, Guangxi Zhenghe Industrial Group Co., Ltd., holds 25.55% of the shares, totaling 578,281,232 shares, which are currently frozen[105]. - The company has not reported any changes in the shareholding of directors, supervisors, and senior management during the reporting period[114].