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，概不會因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承 擔任何責任。 中石化石油工程技術服務股份有限公司 承董事會命 沈澤宏 公司秘書 中石化石油工程技術服務股份有限公司 中國.北京 二零二五年十月十日 於本公告日期，本公司現任董事為吳柏志先生 # 、張建闊先生 # 、章麗莉女士 + 、杜坤先生 + 、鄭 衛軍先生 * 、王鵬程先生 * 、劉江寧女士 * （在中華人民共和國註冊成立之股份有限公司） （證券代號：1033） 關於召開董事會會議的通知 中石化石油工程技術服務股份有限公司（「本公司」）董事會（「董事 會」）謹此公佈，本公司將於二零二五年十月二十八日（星期二）召開 董事會會議，藉以（其中包括）審議及批准本公司及其附屬公司截至二 零二五年九月三十日止九個月之未經審計季度業績及其發佈並處理任 何其他事務（如有）。 # 執行董事 + 非執行董事 * 獨立非執行董事 ...

格隆汇10月10日丨中石化油服(01033.HK)公布，公司将于2025年10月28日(星期二)召开董事会会议，藉 以(其中包括)审议及批准公司及其附属公司截至2025年9月30日止九个月的未经审计季度业绩及其发布 并处理任何其他事务(如有)。 ...

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，概不會因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承 擔任何責任。 中石化石油工程技術服務股份有限公司 （在中華人民共和國註冊成立之股份有限公司） （證券代號：1033） 關於召開董事會會議的通知 中石化石油工程技術服務股份有限公司（「本公司」）董事會（「董事 會」）謹此公佈，本公司將於二零二五年十月二十八日（星期二）召開 董事會會議，藉以（其中包括）審議及批准本公司及其附屬公司截至二 零二五年九月三十日止九個月之未經審計季度業績及其發佈並處理任 何其他事務（如有）。 沈澤宏 公司秘書 中石化石油工程技術服務股份有限公司 中國.北京 二零二五年十月十日 於本公告日期，本公司現任董事為吳柏志先生 # 、張建闊先生 # 、章麗莉女士 + 、杜坤先生 + 、鄭 衛軍先生 * 、王鵬程先生 * 、劉江寧女士 * # 執行董事 + 非執行董事 * 獨立非執行董事 承董事會命 ...

Core Insights - The oil service engineering sector experienced a rise of 1.36% on October 10, with China National Petroleum Engineering leading the gains [1] - The Shanghai Composite Index closed at 3897.03, down 0.94%, while the Shenzhen Component Index closed at 13355.42, down 2.7% [1] Stock Performance - China National Petroleum Engineering (600339) closed at 3.68, up 3.37% with a trading volume of 1.0453 million shares and a transaction value of 381 million yuan [1] - Other notable performers included Huibo Yin (002554) at 3.09, up 2.66%, and Zhongman Petroleum (619609) at 19.84, up 1.64% [1] - The overall trading volume and transaction values for various stocks in the oil service engineering sector were significant, indicating active market participation [1] Capital Flow - The oil service engineering sector saw a net outflow of 148 million yuan from institutional investors, while retail investors contributed a net inflow of 200 million yuan [2][3] - The detailed capital flow indicated that while institutional and speculative funds were withdrawing, retail investors were actively buying into the sector [2][3] Individual Stock Capital Flow - Zhongman Petroleum (300191) had a net inflow of 772.26 thousand yuan from institutional investors, while it faced a net outflow of 1204.39 thousand yuan from speculative funds [3] - Other stocks like PetroChina (600871) and Huibo Yin (002554) also showed mixed capital flows, with retail investors showing a preference for certain stocks despite overall net outflows from larger funds [3]

Core Insights - The oil service engineering sector experienced a decline of 0.43% on September 30, with Huibo leading the drop [1] - The Shanghai Composite Index closed at 3882.78, up 0.52%, while the Shenzhen Component Index closed at 13526.51, up 0.35% [1] Stock Performance - Renji Co. (002629) saw a significant increase of 9.94%, closing at 7.96 with a trading volume of 249,000 shares and a turnover of 196 million [1] - Tongyuan Petroleum (300164) increased by 2.85%, closing at 5.78 with a trading volume of 1,203,300 shares and a turnover of 679 million [1] - Other notable performers include Keli Co. (920088) with a 1.53% increase, and potential Hengxin (300191) with a 0.69% increase [1] Capital Flow - The oil service engineering sector saw a net inflow of 37.88 million from institutional investors, while retail investors contributed a net inflow of 17.13 million [2] - However, speculative funds experienced a net outflow of 55.01 million [2] Individual Stock Capital Flow - Renji Co. (002629) had a net inflow of 63.11 million from institutional investors, while it faced a net outflow of 33.67 million from speculative funds [3] - Tongyuan Petroleum (300164) also saw a net inflow of 34.35 million from institutional investors, with a net outflow of 29.02 million from speculative funds [3] - Other stocks like Huibo (002554) and Zhonghai (601808) experienced mixed capital flows, with Huibo facing a net outflow from both institutional and speculative investors [3]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中石化石油工程技術服務股份有限公司 呈交日期: 2025年9月30日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 600871 | 說明 | 於上海證券交易所 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 13,569,378,551 RMB | | | 1 RMB | | 13,569,378,551 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 13,569,378,551 RMB | | | 1 RMB | | 13,569,378,551 | | 2. 股份分 ...

Investment Rating - The report maintains a "Buy" rating for both A-shares and H-shares of the company [6]. Core Viewpoints - The company is a leading integrated oilfield service provider in China, focusing on cost reduction and efficiency improvement while deepening transformation [1][4]. - The company is actively expanding its overseas market presence, benefiting from the "Belt and Road" initiative, with significant growth in overseas revenue and new contracts [2][4]. - The company aims to enhance production efficiency by optimizing human resources and asset management, leading to a significant reduction in workforce and an increase in revenue per employee [3][4]. Summary by Sections Company Overview - The company operates across five major business segments: geophysical services, drilling engineering, logging, downhole special operations, and engineering construction, covering the entire oil and gas industry chain from exploration to abandonment [1][17]. - It has established a strong international presence, executing projects in over 30 countries and becoming a key contractor for national oil companies in Saudi Arabia, Kuwait, and Ecuador [1][27]. Financial Performance - For the first half of 2025, the company achieved a revenue of 37.1 billion yuan, a year-on-year increase of 0.6%, and a net profit of 492 million yuan, up 9.0% [32]. - The company forecasts net profits of 909 million, 1.099 billion, and 1.315 billion yuan for 2025, 2026, and 2027, respectively, with corresponding EPS of 0.05, 0.06, and 0.07 yuan per share [4][5]. Operational Efficiency - The company plans to reduce various institutions by 271 and teams by 124 in 2024, saving operational costs of 150 million yuan [3]. - The workforce has decreased from 81,340 in 2016 to 60,162 in 2024, a reduction of 26%, while revenue per employee has increased by 155% [3]. Market Expansion - The company has seen a 4% year-on-year increase in overseas revenue to 9.28 billion yuan and a 72% increase in new contracts to 19.62 billion yuan [2]. - Major breakthroughs in key markets such as Saudi Arabia, Kuwait, and Ecuador have been achieved, with significant contracts signed [29]. Research and Development - The company is committed to increasing R&D investment, maintaining a research intensity of 2.5%-3% in 2024, and aims to enhance technological innovation and core competencies [3][38]. - The company has received multiple awards for its technological advancements and has a robust patent portfolio [38][42].

Group 1 - The core viewpoint of the article highlights that the wholly-owned subsidiary of the company has signed a $359 million EPSCC contract with Total, indicating a deepening collaboration with an international energy giant [1] - The contract amount represents 3.15% of the company's revenue for 2024, showcasing the company's professional technical level and construction management capabilities in the oil engineering sector [1] - The new contract signifies a major breakthrough for the company in expanding its overseas market presence, with a steady increase in new contract amounts [1] Group 2 - The company has significantly enhanced its engineering technical service capabilities and is actively expanding into high-quality overseas markets, with new contracts in the overseas market reaching 19.6 billion yuan, a year-on-year increase of 71.8% [1] - The domestic and international oil service industry remains at a high level of prosperity, which is expected to continuously benefit the company [1] - The company is actively seeking high-quality clients in both domestic and international markets, positioning itself for high-quality development [1]

Group 1 - The brain-computer interface (BCI) industry is projected to reach USD 7.63 billion by 2029, driven by policy support and demand from medical conditions such as stroke and ALS [4] - The industry is entering a "policy-research-application" closed loop, with a clearer commercialization path [4] - Recommended companies in the BCI sector include Xiangyu Medical, Weisi Medical, Chengyitong, Mailande, Aipeng Medical, and Sanbo Neurosurgery [4] Group 2 - Mengke Pharmaceutical plans to issue 164 million shares at a price of 6.3 CNY per share, raising up to 1.033 billion CNY, which will make Haiqing Pharmaceutical the controlling shareholder [9] - The projected net profit for Mengke Pharmaceutical from 2025 to 2027 is estimated to be -241 million, -190 million, and -99 million CNY respectively, maintaining a "buy" rating [9] Group 3 - The cobalt export quota system in the Democratic Republic of the Congo (DRC) is expected to lead to a significant reduction in cobalt supply, positively impacting cobalt prices [13] - The DRC accounted for 76.3% of global cobalt production in 2024, and the supply constraints are likely to benefit companies like Huayou Cobalt and Luoyang Molybdenum [13] Group 4 - China Railway Assembly reported stable revenue growth and improved cash flow in H1 2025, with a projected net profit of 2 million, 44 million, and 68 million CNY for 2025 to 2027 [16] - The company maintains an "overweight" rating based on its financial performance [16] Group 5 - The dividend yield of Midea Group has exceeded 7%, indicating a potential bottoming out, with a projected profit of 33 billion CNY for 2025 and a 52% cash dividend rate [18] - The company maintains a "buy" rating with a target price of 54.10 CNY [18] Group 6 - The real estate market in Shanghai is experiencing increased transaction volumes due to favorable policies, with a 62.5% increase in daily average transactions post-policy implementation [29] - The top three companies in Shanghai's new home transaction value from January to August 2025 are Poly Developments, China Merchants Shekou, and China Resources Land [29] Group 7 - PetroChina has signed a USD 359 million contract with Total for the design, procurement, supply, construction, and commissioning of a project in Iraq, with projected net profits of 909 million, 1.099 billion, and 1.315 billion CNY from 2025 to 2027 [33] - The company maintains an "overweight" rating for both its A-shares and H-shares [33]

Core Viewpoint - The company has signed a significant contract with Total Energy for the NWP project in Iraq, marking a major breakthrough in its overseas market expansion and collaboration with international energy giants [3][4]. Group 1: Contract Details - The company’s wholly-owned subsidiary signed a fixed-price contract worth $359 million (approximately RMB 2.553 billion) for the NWP project, which includes design, procurement, supply, construction, and trial operation [3][4]. - The contract represents 3.15% of the company's projected revenue for 2024 under Chinese accounting standards, with an expected mechanical completion date of March 31, 2029 [4]. Group 2: Overseas Market Expansion - The company has significantly increased its engineering service capabilities, achieving a 71.8% year-on-year growth in new contract value in overseas markets, totaling RMB 19.6 billion in the first half of 2025 [5]. - In Saudi Arabia, the company is actively participating in bidding for unconventional fracturing enhancement services for Saudi Aramco, while in Kuwait, it has secured contracts with Kuwait Oil Company for various drilling projects [5]. Group 3: Industry Outlook - The global upstream exploration and development expenditure is projected to be around $600 billion in 2025, with a slight year-on-year decrease of 4%, while domestic capital expenditure plans from the "three oil giants" are expected to decline by approximately 6% compared to 2024 [6]. - Despite these challenges, the overall high-level capital expenditure in the global upstream sector is expected to benefit the oil service industry, providing more service opportunities for the company and potential for continued revenue growth [6].