Core Viewpoint - Shandong Molong's stock price increased by over 5%, marking its fourth consecutive day of gains with two limit-up sessions [1] - Sinopec Oilfield Service's stock rose by more than 3%, while CNOOC Oilfield Services saw an increase of over 1% [1] Company Performance - Shandong Molong recorded a significant rise in its A-share market performance, achieving a notable increase over four days [1] - Sinopec Oilfield Service and CNOOC Oilfield Services also experienced positive stock movements, indicating a favorable trend in the oil service sector [1]

（文章来源：证券时报网） 数据宝统计，截至10:57，石化油服成交额12.31亿元，创2017年5月31日以来新高。最新股价上涨 7.83%，换手率3.68%。上一交易日该股全天成交额为8.22亿元。（数据宝） ...

（文章来源：每日经济新闻） 每经AI快讯，10月22日，可燃冰板块延续强势，石化油服、神开股份涨停，德石股份涨超15%，中海油 服、潜能恒信等跟涨。 ...

Core Viewpoint - The deep earth economy concept is gaining traction, leading to significant stock price increases for related companies [1] Company Performance - Sinopec Oilfield Service (01033.HK) saw an increase of 8.33%, reaching HKD 0.91 [1] - Shandong Molong Petroleum Machinery (00568.HK) experienced a rise of 5.53%, trading at HKD 4.77 [1]

Group 1 - The shale gas sector continues to be active, with Zhongyu Technology reaching a new high [1] - ShenKong Co., Shihua Machinery have achieved three consecutive trading limits [1] - Other companies such as Desheng Co., Shihua Oil Service, Shandong Molong, Bingyang Technology, and Shanhe Intelligent are also experiencing upward trends [1]

Core Viewpoint - The "deep earth economy" is gaining attention as a key component of strategic emerging industries, with significant developments expected during the upcoming "14th Five-Year Plan" period [1] Group 1: Market Reaction - Sinopec Oilfield Service (01033) saw an increase of 8.33%, trading at 0.91 HKD [1] - Shandong Molong (00568) experienced a rise of 5.53%, trading at 4.77 HKD [1] Group 2: Government Initiatives - The Ministry of Natural Resources announced that during the "14th Five-Year Plan," standardization efforts will focus on seizing the high ground in emerging industries such as deep sea and deep earth [1] Group 3: Definition and Scope of Deep Earth Economy - The "deep earth economy" encompasses economic activities and industrial chains related to the development of deep earth resources and deep space utilization [1] - It includes areas such as deep resource exploration (oil, gas, minerals), underground space construction (energy storage, transportation, urban facilities), core equipment manufacturing, and technical services [1]

Core Viewpoint - The stock of PetroChina Oilfield Services (600871) experienced a limit-up trading day with a turnover rate of 2.73% and a transaction amount of 8.22 billion yuan, indicating significant market interest and volatility [1][2] Trading Activity - The stock was listed on the Shanghai Stock Exchange due to a daily price deviation of 8.69%, with net selling from the Shanghai-Hong Kong Stock Connect amounting to 3.3665 million yuan [1] - The top five trading departments accounted for a total transaction of 3.22 billion yuan, with buying amounting to 1.25 billion yuan and selling at 1.98 billion yuan, resulting in a net selling of 731.273 million yuan [1] - The main buying and selling departments included: - Top buyer: Kaiyuan Securities, with 42.22 million yuan - Top seller: CITIC Securities, with 102.52 million yuan [2] Fund Flow - The stock saw a net inflow of 1.92 billion yuan from main funds, with a significant inflow of 2.07 billion yuan from large orders, while smaller orders saw a net outflow of 150.736 million yuan [1] - Over the past five days, the net inflow of main funds totaled 1.43 billion yuan [1] Margin Trading - As of October 20, the margin trading balance for the stock was 282 million yuan, with a financing balance of 276 million yuan and a securities lending balance of 5.4892 million yuan [1] - In the last five days, the financing balance increased by 4.883 million yuan, representing a growth of 1.80%, while the securities lending balance rose by 1.4874 million yuan, showing a significant increase of 37.17% [1] Financial Performance - For the first half of the year, the company reported a revenue of 37.051 billion yuan, reflecting a year-on-year growth of 0.62%, and a net profit of 4.92 billion yuan, which is an increase of 8.95% year-on-year [2]

Market Overview - On October 21, the oil service engineering sector rose by 3.82% compared to the previous trading day, with PetroChina Oilfield Services leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Stock Performance - PetroChina Oilfield Services (code: 600871) closed at 2.30, with a gain of 10.05% and a trading volume of 3.6965 million shares, amounting to a transaction value of 8.22 billion [1] - Huibo Yin (code: 002554) also saw a significant increase, closing at 3.52 with a 10.00% rise and a transaction value of 320 million [1] - Other notable performers included Tongyuan Petroleum (code: 300164) with a 6.51% increase, and Qianeng Hengxin (code: 300191) with a 5.10% increase [1] Capital Flow - The oil service engineering sector experienced a net inflow of 372 million from main funds, while retail funds saw a net outflow of 167 million [1] - The main funds' net inflow for PetroChina Oilfield Services was 193 million, accounting for 23.42% of its trading volume [2] - Huibo Yin had a main fund net inflow of 52.38 million, representing 16.36% of its trading volume, while retail funds showed a net outflow of 33.19 million [2]

Group 1: Company Overview - The company provides a range of machinery and services including rotary drilling rigs, hydraulic static pile drivers, hydraulic excavators, shield machines, cranes, mining trucks, and rock drilling rigs [2] - The company is a leading enterprise in the crane industry, focusing on material handling equipment and specialized cranes for various applications [2] - The company specializes in oil drilling machinery and equipment, with major clients including CNOOC [2] - The company is the only engineering technology service entity within Sinopec Group, ranking fourth globally in the oil service industry [2] - The company focuses on geographic information technology services and smart city operations [2] Group 2: Market Trends and Developments - The company is exploring more asset securitization and leveraging state-owned funds as part of state-owned enterprise reform in Hubei [2] - The company is involved in the semiconductor storage business, with products including NAND and DRAM storage [3] - The company is a leader in DRAM packaging, providing back-end services for SK Hynix's DRAM products [3] - The company is a major player in the cultivation of synthetic diamonds and is involved in the production of superhard materials [3] - The company has seen significant growth in its photovoltaic segment, with a 71.04% increase in revenue [7] Group 3: Financial Performance - The company reported a 4.15% year-on-year increase in net profit for the first half of the year [5] - The company expects a net profit growth of 56.9% to 70.74% for the first three quarters [8] - The company has a strong order backlog and is operating at near full capacity in its photovoltaic segment [7] Group 4: Strategic Initiatives - The company is planning to acquire a 30% stake in Wuhan Junheng, which focuses on high-speed optical module technology [3] - The company is involved in a strategic partnership to enhance its capabilities in the robotics sector [9] - The company is expanding its investment focus on biomedicine, new materials, and high-end service industries [2]

Group 1 - The China Central Enterprises Innovation-Driven Index has risen by 1.50%, with significant increases in constituent stocks such as PetroChina Oilfield Services up by 10.05% and China Railway Construction Heavy Industry up by 7.14% [3] - The Central Enterprises Innovation-Driven ETF (515900) has increased by 1.53%, with a latest price of 1.59 yuan, and has shown a cumulative increase of 1.23% over the past month, ranking 1/4 among comparable funds [3] - The trading volume of the Central Enterprises Innovation-Driven ETF was 587.53 million yuan, with a turnover rate of 0.17% [3] Group 2 - China Shipbuilding Industry Corporation expects a net profit attributable to shareholders of 5.55 billion to 6.15 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 104.30% to 126.39% [4] - China CNR Corporation plans to hold a board meeting on October 30 to consider and approve its performance for the first three quarters, having signed significant contracts totaling approximately 54.34 billion yuan, which is about 22% of its expected revenue for 2024 [4] - The average daily trading volume of the Central Enterprises Innovation-Driven ETF over the past year was 20.23 million yuan, ranking first among comparable funds [4] Group 3 - The Central Enterprises Innovation-Driven Index evaluates the innovation and profitability quality of listed central enterprises, selecting 100 representative companies to reflect the overall performance of innovative central enterprises [5] - As of September 30, 2025, the top ten weighted stocks in the index include China Shipbuilding, Hikvision, and China Southern Power Grid, accounting for 36.04% of the total index weight [5] - The Central Enterprises Innovation-Driven ETF has seen a significant increase in scale, growing by 13.42 million yuan over the past three months, ranking 1/4 among comparable funds [4][5]