证券代码：600968 证券简称：海油发展 公告编号：2025-020 中海油能源发展股份有限公司 关于第五届董事会延期换届选举的提示性公告 新一届董事会换届选举完成前，公司第五届董事会成员、董事会各专门委员 会委员及公司高级管理人员将按照相关法律法规和《公司章程》等规定继续履行 职责。 公司董事会延期换届不会影响公司的正常运营。公司将尽快推进董事会换届 工作，并按有关规定及时履行信息披露义务。 特此公告。 中海油能源发展股份有限公司董事会 2025 年 6 月 13 日 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。 中海油能源发展股份有限公司（以下简称"公司"）第五届董事会将于 2025 年 6 月 13 日任期届满。鉴于相关换届工作尚在筹备中，为确保公司董事会工作 的连续性和稳定性，公司董事会将延期换届，公司第五届董事会各专门委员会委 员及高级管理人员的任期亦相应顺延。 ...

Meeting Overview - The shareholders' meeting was held on June 9, 2025, at the Hyatt Hotel in Beijing [1] - The attendance rate of shareholders was 84.9188% [1] - The meeting was presided over by Mr. Zhou Tianyu, acting as the chairman [1] Voting Results - All proposed resolutions were passed with significant majority votes, with A-shareholders voting as follows: - Resolution 1: 99.1416% in favor, 0.8286% against, 0.0298% abstained [1] - Resolution 2: 99.1476% in favor, 0.8258% against, 0.0266% abstained [1] - Resolution 3: 99.1465% in favor, 0.8257% against, 0.0278% abstained [1] - Resolution 4: 99.1469% in favor, 0.8252% against, 0.0279% abstained [1] - Resolution 5: 99.1729% in favor, 0.8257% against, 0.0014% abstained [1] Special Resolutions - Special resolutions required a two-thirds majority and were successfully passed [3] - Ordinary resolutions required a simple majority and were also successfully passed [3] Legal Compliance - The meeting's procedures and resolutions were confirmed to comply with relevant laws and regulations, ensuring their legality and validity [4]

Core Viewpoint - The legal opinion from Beijing Deheng Law Firm confirms the legitimacy of the 2024 Annual General Meeting (AGM) of CNOOC Energy Development Co., Ltd., ensuring compliance with relevant laws and regulations [2][3][7] Group 1: Meeting Procedures - The AGM is scheduled for June 9, 2025, at 14:30 at the Hyatt Regency Beijing Wangjing [5] - The notice for the AGM was published on May 20, 2025, in major financial newspapers and on the Shanghai Stock Exchange website, detailing the meeting time, location, and agenda [4][6] - The meeting procedures, including the notification time and method, comply with the Company Law and relevant regulations [4][7] Group 2: Attendance and Voting - A total of 433 shareholders and authorized representatives attended the AGM, representing 8,632,090,301 shares, which is 84.9188% of the total voting shares [5][6] - The AGM was convened by the company's board of directors, and the qualifications of attendees and the convenor were verified to meet legal requirements [5][7] Group 3: Resolutions and Voting Results - The AGM reviewed and approved 18 resolutions, including the 2024 annual reports, profit distribution plan, and various amendments to the company's regulations [6][7] - The voting process combined on-site and online voting, with results verified by designated counters and monitors [6][7] Group 4: Legal Conclusion - The legal opinion concludes that all aspects of the AGM, including the convening, attendance, and voting procedures, are in accordance with the Company Law, Securities Law, and the company's articles of association, rendering the resolutions valid [7]

证券代码：600968 证券简称：海油发展 公告编号：2025-019 中海油能源发展股份有限公司 2024年年度股东大会决议公告 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： 本次会议是否有否决议案：无 二、 议案审议情况 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 6 月 9 日 (二)股东大会召开的地点：北京市朝阳区广顺南大街 8 号望京凯悦酒店 悦府 1+2 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 433 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 8,632,090,301 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 84.9188 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由公司董事会召集，公司董事周天育先生（代行董事长职责）主持。 本次股东大会采用现场投票和网络投票相 ...

北京德恒律师事务所 关于 中海油能源发展股份有限公司 2024 年年度股东大会的 法律意见 北京市西城区金融街 19 号富凯大厦 B 座 12 层 电话：010-52682888 传真：010-52682999 邮编：100033 北京德恒律师事务所 关于中海油能源发展股份有限公司 2024 年年度股东大会的法律意见 北京德恒律师事务所 关于中海油能源发展股份有限公司 2024 年年度股东大会的 法律意见 德恒01G20250240-01号 致：中海油能源发展股份有限公司 北京德恒律师事务所（以下简称"本所"）接受中海油能源发展股份有限公 司（以下简称"公司"）的委托，指派本所律师出席公司于2025年6月9日14:30在 北京市朝阳区广顺南大街8号望京凯悦酒店悦府1+2召开的公司2024年年度股东 大会（以下简称"本次股东大会"），对本次股东大会的合法性进行见证并出具 本法律意见。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》 （以下简称"《股东会规则》"）以及《中海油能源发展股份有限公司章程》（以 下简称"《公司 ...

Investment Rating - The report maintains an "Outperform" rating for the oil and gas industry [6][7]. Core Views - OPEC+ has announced a continuation of production increases of 411,000 barrels per day for July, significantly impacting oil prices due to geopolitical tensions and tariff policies [1][2]. - The Brent crude oil price is expected to stabilize between $65 and $75 per barrel in 2025, while WTI crude oil is projected to be between $60 and $70 per barrel [3][18]. Summary by Sections 1. May Oil Price Review - In May 2025, the average price of Brent crude oil futures was $64.0 per barrel, down by $2.5 from the previous month, while WTI averaged $61.3 per barrel, down by $1.5 [1][14]. - The fluctuations in oil prices were influenced by the "reciprocal tariff" policy, OPEC+ production announcements, and geopolitical events in the Middle East [1][14]. 2. Oil Price Outlook - OPEC+ has decided to extend production increases of 411,000 barrels per day, which is three times the original increase plan [2][16]. - Major energy agencies forecast an increase in global oil demand of 730,000 to 1,300,000 barrels per day in 2025, and 760,000 to 1,280,000 barrels per day in 2026 [3][17]. 3. Key Data Tracking - As of May 30, 2025, WTI crude oil futures settled at $60.79 per barrel, a 4.4% increase from the previous month, while Brent settled at $63.90 per barrel, a 1.2% increase [36]. - The average production of U.S. crude oil in May 2025 was 13.4 million barrels per day, a decrease of 0.3% from the previous month [44]. - The report highlights that the capital expenditure willingness in overseas markets is low, indicating a lack of conditions for significant production increases [44][29]. 4. Recommended Stocks - The report recommends key stocks including China National Offshore Oil Corporation (CNOOC), China Petroleum & Chemical Corporation (Sinopec), Satellite Chemical, CNOOC Development, and Guanghui Energy [4].

Investment Rating - The report maintains an "Outperform" rating for the oil and gas industry [6][7]. Core Views - OPEC+ has announced a continuation of production increases of 411,000 barrels per day for July, significantly impacting oil prices due to geopolitical tensions and tariff policies [1][2]. - The Brent crude oil price is expected to stabilize between $65 and $75 per barrel in 2025, while WTI crude oil is projected to be between $60 and $70 per barrel [3][18]. Summary by Sections 1. May Oil Price Review - In May 2025, the average price of Brent crude oil futures was $64.0 per barrel, down $2.5 from the previous month, while WTI averaged $61.3 per barrel, down $1.5 [1][14]. - Oil prices experienced significant fluctuations due to tariff policies and geopolitical tensions, with OPEC+ planning to accelerate production in June [1][14]. 2. Oil Price Outlook - OPEC+ has extended its production increase plan, with a significant rise in output expected to be completed by October 2025, ahead of the original schedule [2][19]. - Major energy agencies forecast an increase in global oil demand of 730,000 to 1.3 million barrels per day in 2025, and 760,000 to 1.28 million barrels per day in 2026 [3][17]. 3. Key Data Tracking 3.1 Crude Oil Prices and Spreads - As of May 30, 2025, WTI crude oil settled at $60.79 per barrel, up $2.6 (+4.4%), while Brent settled at $63.90, up $0.8 (+1.2%) [36]. - The average Brent-WTI price spread was $3.07 per barrel, narrowing by $0.45 from the previous month [36]. 3.2 Crude Oil Supply - U.S. crude oil production averaged 13.4 million barrels per day in May 2025, a decrease of 42,000 barrels per day (-0.3%) [44]. - The number of active oil rigs in the U.S. decreased by 13 to an average of 468 rigs [44]. 4. Recommended Stocks - The report recommends investing in China National Offshore Oil Corporation (CNOOC), China Petroleum & Chemical Corporation (Sinopec), Satellite Chemical, CNOOC Development, and Guanghui Energy, all rated as "Outperform" [4][6].

Core Points - The company is preparing for the 2024 Annual General Meeting (AGM) to ensure the protection of investors' rights and the smooth conduct of the meeting [1][2][3] - The company reported a net profit of 3.656 billion yuan for 2024, representing an 18.66% year-on-year increase [4][5] - Total assets reached 49.503 billion yuan, with a debt-to-asset ratio of 43.71% [4][5] Meeting Procedures - The AGM will be held at the Hyatt Hotel in Beijing, with specific procedures for attendance and voting outlined [3][4] - Shareholders must register to speak at the meeting 15 minutes prior, with a limit of ten speakers based on shareholding [2][3] - Voting will be conducted via a named ballot system, with results announced by the meeting host [2][3] Financial Performance - The company’s total assets increased by 10.24% from the previous year, reaching 49.503 billion yuan [4][18] - Operating revenue for 2024 was reported at 52.517 billion yuan, a 6.51% increase from the previous year [18] - The basic earnings per share rose to 0.3597 yuan, reflecting an 18.66% increase [18] Board and Management Activities - The board held seven meetings during the year, discussing 48 proposals, all of which were approved unanimously [5][7] - The board emphasized the integration of party leadership with corporate governance to enhance decision-making and risk management [4][8] Shareholder Returns - The company plans to distribute a cash dividend of 1.35 yuan per 10 shares, totaling approximately 1.372 billion yuan, which is 37.53% of the net profit [19] - The proposed dividend reflects the company's commitment to returning value to shareholders while maintaining financial stability [19] Future Plans - The company aims to enhance corporate governance and compliance, focusing on risk management and investor relations [8][9] - Plans for 2025 include applying for credit lines totaling up to 8 billion yuan from various financial institutions [24][25]

中海油能源发展股份有限公司 2024 年年度股东大会会议资料 中海油能源发展股份有限公司 2024 年年度股东大会会议须知 各位股东及股东代表： 中海油能源发展股份有限公司 2024 年年度股东大会 会议资料 二○二五年六月 为维护投资者的合法权益，确保中海油能源发展股份有限公司（以下简称 "公司"或"海油发展"）2024 年年度股东大会的顺利召开，依据中国证券监 督管理委员会《上市公司股东会规则》等有关规定，制定会议须知如下： 一、公司根据《公司法》《证券法》《上市公司股东会规则》和《公司章程》 的规定，认真做好召开股东大会的各项工作。 三、为保证股东大会的严肃性和正常秩序，切实维护与会股东（包括股东 代表，下同）的合法权益，除出席会议的股东、公司董事、监事、高级管理人 员、公司聘请的律师及董事会邀请的人员外，公司有权依法拒绝其他人员进入 会场。 四、出席会议的股东最晚须在会议召开前 15 分钟到达会议现场向董事会办 公室办理签到手续，并请按规定出示股票账户卡、持股凭证、身份证或法人单 位证明、授权委托书及出席人身份证等，经验证后领取会议资料，方可出席会 议。 五、股东需要在股东大会发言的，应于会议开始前 ...

Investment Rating - The report assigns a "Buy" rating for the company 600968.SH and an "Accumulate" rating for 688548.SH, both with no prior ratings [1]. Core Views - The company, known as CNOOC Development, is a comprehensive service provider in the marine energy sector, focusing on oil and gas exploration and development, as well as low-carbon energy services. The report highlights the company's integrated service capabilities and its strategic focus on digital transformation and deep-sea technology, which are expected to drive steady growth in operating performance [4][9]. Summary by Sections Section 1: Deepening Marine Energy Service Industry - CNOOC Development is controlled by China National Offshore Oil Corporation (CNOOC) and has been listed since June 2019. The company provides a range of services across the oil and gas industry, including exploration, development, production, and logistics [19]. - The company has seen significant revenue growth, with operating income increasing from 19.376 billion RMB in 2016 to 52.517 billion RMB in 2024, reflecting a compound annual growth rate (CAGR) of 13.27% [25]. - The company is expanding its market presence both domestically and internationally, with a focus on enhancing its competitive edge in the global market [31][32]. Section 2: Marine Oil and Gas Extraction - The report notes that marine oil and gas extraction is crucial for national energy security, with CNOOC's production targets set to increase significantly in the coming years. The marine oil production is expected to reach 68 million tons by 2025 [52][53]. - Globally, marine oil and gas exploration is projected to continue growing, with marine resources accounting for a significant portion of new oil and gas reserves [57][66]. Section 3: Comprehensive Marine Energy Service Provider - CNOOC Development is positioned as a key player in the integration of traditional energy and new energy sectors, focusing on technology innovation and sustainable development [21]. - The company has a strong emphasis on low-carbon and digital services, with a notable increase in research and development investments, which reached 1.537 billion RMB in 2024 [33][40]. - The company maintains a robust dividend policy, with total dividends reaching 1.372 billion RMB in 2024, indicating strong cash flow and high dividend potential [40].