Core Viewpoint - The article discusses the investment by Sinopec Yizheng Chemical Fiber Co., Ltd. in a project to develop a green bio-based PO3G-PTT high-performance elastomer, highlighting the significance of bio-based materials in the chemical industry and their potential for sustainable development [1][2]. Project Overview - Project Name: Green Bio-based PO3G Preparation and PO3G-PTT High-Performance Elastomer Product Development Project - Industry Category: C2651 Primary Form Plastics and Synthetic Resins Manufacturing - Project Nature: Reconstruction - Total Investment: 47.378 million yuan, with 1.47 million yuan allocated for environmental protection, accounting for 3.1% of the total investment - Construction Area: 350 square meters - Construction Period: 12 months - Production Capacity: 5,000 tons per year [2][3]. Technical Innovations - The project introduces bio-based PO3G (polytrimethylene ether glycol) as a key raw material, which is derived from plant fermentation and can replace petroleum-based polyols [3][4]. - Innovations include: 1. Controlled preparation of bio-based monomers, ensuring quality impacts polymer performance 2. Copolyester molecular structure design to enhance material properties 3. Flexible production processes to meet diverse market demands [8]. Competitive Advantages - Yizheng Chemical Fiber has a robust production capacity, including 3 million tons of PTA and 3.1 million tons of polyester per year, which supports the integration of the bio-based PTT material route [9][10]. - The strategic layout includes a complete industrial chain from PX-PTA-PET/PTT, enhancing competitiveness and ensuring raw material supply for bio-based PTT production [11]. - The project aims to extend the polyester industry chain and develop high-value-added products, contributing to the company's transformation and upgrade strategy [11].

Core Viewpoint - Southbound funds have increased their holdings in Sinopec Oilfield Service Corporation (01033.HK) by 3.556 million shares on January 13, indicating a growing interest from investors in the company [1] Group 1: Southbound Fund Activity - Over the past five trading days, there have been two days of net increases in holdings by southbound funds, totaling 1.534 million shares [1] - In the last twenty trading days, there have been thirteen days of net increases, with a cumulative total of 47.016 million shares added [1] - Currently, southbound funds hold 921 million shares of Sinopec Oilfield Service, representing 17.02% of the company's total issued ordinary shares [1] Group 2: Company Overview - Sinopec Oilfield Service Corporation is engaged in providing comprehensive oil and gas engineering and technical services in China [1] - The company operates five divisions: - Geophysical Engineering Division, which offers land and marine geophysical exploration and development technical services [1] - Drilling Engineering Division, which provides land and marine drilling design, construction, technical services, and drilling equipment [1] - Logging Engineering Division, which conducts engineering contracting and technical services for collecting, monitoring, transmitting, processing, interpreting, and evaluating wellbore oil, gas, geological, and engineering information [1] - Downhole Operations Engineering Division, which offers petroleum engineering technical services and construction [1] - Engineering Construction Division, which provides feasibility studies, design, procurement, and construction for land and marine oil and gas field projects [1]

Group 1 - Tongyuan Petroleum, based in Chengdu, is a leading company in perforation technology, providing a full range of oil and gas engineering services, and is well-positioned to benefit from rising oil prices through increased orders and revenue [1][36] - Huai Oil Co., located in Jiangsu, has a stable oil and gas production base and benefits from regional cooperation, allowing for dual revenue growth during rising oil prices [2][37] - CNOOC Services, the largest marine oil and gas engineering service provider in China, is set to see significant increases in drilling platform utilization and service orders due to rising oil prices [3][38] Group 2 - Sinopec Oilfield Services, a leading player in oil and gas engineering services, is expected to benefit from increased internal orders and global oil development opportunities as oil prices rise [4][39] - Beiken Energy, based in Xinjiang, focuses on oilfield technical services and is well-positioned to expand its business in response to rising oil prices and increased exploration activities in the western oil and gas regions [5][41] - Zhongman Petroleum, with integrated oil and gas exploration and service capabilities, is likely to see increased orders and revenue from both domestic and international projects as oil prices rise [6][42] Group 3 - Potential Energy, specializing in oil and gas exploration technology services, is expected to benefit from increased demand for high-precision exploration services as oil prices rise [8][43] - China National Offshore Oil Corporation, the largest offshore oil producer in China, is positioned to benefit from rising oil prices through increased revenue from oil sales and a focus on deepwater development [9][44] - Bomeike, focusing on marine oil and gas engineering equipment, is set to see increased demand for its products as marine oil and gas projects accelerate due to rising oil prices [10][45] Group 4 - Blue Flame Holdings, a leader in coalbed methane development, is expected to benefit from rising demand for clean energy and increased coalbed methane sales prices as oil prices rise [11][47] - Shouhua Gas, with a comprehensive natural gas business model, is likely to see revenue growth from both upstream exploration and downstream distribution as oil prices and natural gas prices rise [12][48] - CNOOC Engineering, a leading marine oil and gas engineering construction company, is expected to gain stable orders and enhance profitability through deep cooperation with CNOOC as oil prices rise [13][49] Group 5 - Intercontinental Oil and Gas, focusing on overseas oil resource development, is well-positioned to benefit from rising oil prices through increased sales revenue from its overseas oil fields [14][50] - Guanghui Energy, a comprehensive energy service provider, is expected to see significant revenue growth from its oil and gas extraction and LNG production businesses as oil prices rise [15][51] - CNOOC Development, providing comprehensive marine oil and gas services, is likely to see increased demand for its services as oil production rises due to higher oil prices [16][52] Group 6 - China Petroleum Engineering, a leading oil and gas engineering construction company, is set to benefit from increased orders due to rising oil prices and expanded overseas market opportunities [18][54] - New Natural Gas, focusing on natural gas exploration and distribution, is expected to see revenue growth from both upstream and downstream operations as oil and natural gas prices rise [19][55] - ST Xinchao, despite its current ST status, is expected to see improved performance from its oil and gas business as oil prices rise, benefiting from the synergy between its oil and chemical operations [20][56]

Core Viewpoint - The oil service engineering sector experienced a significant increase of 2.94% on January 13, with Tongyuan Petroleum leading the gains, while the overall Shanghai Composite Index fell by 0.64% [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4138.76, down 0.64% [1] - The Shenzhen Component Index closed at 14169.4, down 1.37% [1] - Key stocks in the oil service engineering sector showed notable increases, with Tongyuan Petroleum rising by 11.66% to a closing price of 7.18 [1] Group 2: Stock Performance - Tongyuan Petroleum (300164) led the sector with a closing price of 7.18 and a trading volume of 2.3767 million shares, resulting in a transaction value of 1.67 billion [1] - Zhun Oil Co. (002207) increased by 10.00% to 9.02, with a transaction value of 738 million [1] - Other notable performers included Keli Co. (920088) up 6.35% to 37.37, and Sinopec Oilfield Service (600871) up 4.37% to 2.39 [1] Group 3: Capital Flow - The oil service engineering sector saw a net inflow of 287 million from main funds, while retail investors experienced a net outflow of 185 million [1] - Main funds showed significant net inflows in Zhun Oil Co. (002207) at 114 million, while retail investors had a net outflow of 5317.78 million [2] - The overall capital flow indicates a mixed sentiment, with main funds favoring certain stocks while retail investors withdrew [2]

Group 1: Industry Overview - According to Raytad Energy, global upstream exploration and development spending is expected to be around $600 billion in 2025, a decrease of 4% year-on-year, with deepwater investments projected to decline by 6% [1] - China's crude oil production has rebounded since 2019 due to a long-term strategy for increasing reserves and production, with a CAGR of 2.2% from 2019 to 2024, while natural gas production has a CAGR of 7.3% during the same period [1] - The "Big Three" oil companies in China have significantly increased capital expenditures from 2020 to 2023 and are expected to maintain high levels in 2024 and 2025, which will support upstream reserve growth and benefit their oil service subsidiaries [1] Group 2: Company Performance - In the first half of 2025, major oil service companies benefited from the ongoing domestic "increase reserves and production" initiative and the gradual release of overseas business performance, leading to improved operational quality despite falling oil prices [2] - CNOOC's oil service subsidiary reported a 23.3% year-on-year increase in net profit attributable to shareholders, while other companies like Haiyou Development and Haiyou Engineering saw net profit changes of +13.1% and -8.2% respectively, with the latter experiencing a 27% increase in gross profit [2] - The annualized ROE for CNOOC's oil service companies in the first half of 2025 showed resilience, with CNOOC at +1.5 percentage points compared to the full year of 2024, indicating a potential improvement in international competitiveness [2] Group 3: Market Performance - As of January 13, 2026, the National Petroleum and Natural Gas Index (399439) rose by 0.81%, with significant increases in stocks such as CNOOC's oil service (+6.03%) and China National Petroleum (+3.57%) [3] - The oil and gas ETF (159697) increased by 1.15%, reflecting a four-day consecutive rise, with the latest price reported at 1.23 yuan and a net subscription of 15 million units [3] - The top ten weighted stocks in the National Petroleum and Natural Gas Index account for 67.11% of the index, including major players like China National Petroleum, Sinopec, and CNOOC [3]

Group 1: Market Performance - The oil and gas service sector showed strong performance, with two stocks hitting the daily limit up, including Tongyuan Petroleum rising over 13% and Keli Co. rising over 12% [1][2] - Other notable stocks included Shandong Molong and Zhun Oil, both hitting the limit up, while ShenKong Co. rose over 8% and Zhongman Petroleum over 6% [1][2] Group 2: Geopolitical Influences - Recent geopolitical changes, particularly the U.S. military actions in Venezuela and plans to restore the country's oil infrastructure, have catalyzed market sentiment, with expectations that the U.S. will lift sanctions on Venezuela, which holds the world's largest oil reserves of approximately 302.8 billion barrels [1][3] - The severe damage to Venezuela's oil facilities necessitates large-scale orders for repairs, directly benefiting oil service equipment companies [1][3] Group 3: Oil Price Outlook - Geopolitical risks are expected to support oil prices in the short term, with predictions of prices remaining in the range of $60 to $70 per barrel, despite a current oversupply in the global oil market [3] - A short-term supply gap of around 1 million barrels per day from Venezuela is anticipated to push oil prices upward [3] Group 4: Policy Support - Domestic policies, particularly the revised "Petroleum and Natural Gas Infrastructure Planning, Construction, and Operation Management Measures," effective from January 1, 2026, provide a clear development path for the oil and gas service industry [3][4] - The policy encourages social capital participation in projects like gas storage and LNG receiving stations, enhancing the operational framework for national pipeline networks [3][4] Group 5: Industry Opportunities - The demand for oil and gas exploration, pipeline laying, and equipment maintenance is expected to rise due to policy-driven infrastructure improvements [4] - The oil and gas exploration service sector is likely to benefit from increased investment in exploration, with companies possessing advanced seismic and drilling technologies expected to see sustained growth in orders and revenue [5][6] - The deep-sea oil and gas development is driving demand for high-end equipment, with manufacturers possessing core technologies poised for a surge in orders and market share [6]

Group 1 - The core point of the article is that as of January 10, 2026, the number of A-share shareholders for the company, Sinopec Oilfield Service, is reported to be 150,900 households [2]

Group 1 - The core point of the article highlights that southbound funds reduced their holdings in Sinopec Oilfield Service Corporation (01033.HK) by 254,000 shares on January 9, while there were two days of net increases in the past five trading days, totaling 3.124 million shares [1] - Over the last 20 trading days, there were 13 days of net increases in southbound funds, accumulating to 46.832 million shares [1] - As of now, southbound funds hold 919 million shares of Sinopec Oilfield Service, accounting for 16.98% of the company's total issued ordinary shares [1] Group 2 - Sinopec Oilfield Service Corporation is engaged in providing comprehensive oil and gas engineering and technical services in China [1] - The company operates five divisions: Geophysical Engineering, Drilling Engineering, Logging Engineering, Downhole Operations, and Engineering Construction [1] - The Geophysical Engineering division offers land and marine geophysical exploration and development technical services [1]

Core Viewpoint - The company, Sinopec Oilfield Service, reported that as of December 31, 2025, the number of A-share shareholders is expected to reach 144,300 households [1] Group 1 - The company is actively engaging with investors through interactive platforms [1] - The projected number of A-share shareholders indicates a growing interest in the company's stock [1] - The date mentioned for the shareholder count reflects the company's long-term outlook and planning [1]

Core Viewpoint - The oil service engineering sector experienced a significant increase of 2.67% on January 9, with Tongyuan Petroleum leading the gains [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4120.43, up 0.92%, while the Shenzhen Component Index closed at 14120.15, up 1.15% [1] - Key stocks in the oil service engineering sector showed notable price increases, with Tongyuan Petroleum rising by 8.96% to a closing price of 6.57 [1] Group 2: Stock Performance - The following stocks had significant price changes: - Tongyuan Petroleum: 8.96% increase, closing at 6.57, with a trading volume of 1.90 million shares and a turnover of 1.227 billion [1] - Keli Co., Ltd.: 7.07% increase, closing at 34.70, with a trading volume of 78,100 shares and a turnover of 267 million [1] - Zhongman Petroleum: 6.03% increase, closing at 24.44, with a trading volume of 223,800 shares and a turnover of 542 million [1] - PetroChina Oilfield Services: 5.91% increase, closing at 2.33, with a trading volume of 3.7243 million shares and a turnover of 859 million [1] Group 3: Capital Flow - The oil service engineering sector saw a net inflow of 161 million from main funds, while retail investors experienced a net outflow of 76.11 million [1] - Specific stock capital flows included: - PetroChina Oilfield Services: net outflow of 66.12 million from main funds and 49.35 million from retail investors [2] - Tongyuan Petroleum: net inflow of 51.98 million from main funds and a net outflow of 42.11 million from retail investors [2] - Keli Co., Ltd.: net inflow of 30.21 million from main funds and a net outflow of 0.72 million from retail investors [2]