Core Viewpoint - China Petroleum & Chemical Corporation (00857.HK) announced the board's resolution to acquire the entire equity of three gas storage companies, which will become indirect non-wholly owned subsidiaries of the company after the acquisition is completed [1][2]. Group 1: Acquisition Details - The acquisition involves the gas storage facilities in Xinjiang, Xiangguosi, and Liaohe, with a total consideration of RMB 400.16 billion (excluding taxes) [1]. - The funding for the acquisition will primarily come from cash contributions by the shareholders of the newly established joint venture companies, with the remaining portion planned to be financed through loans [1]. - The acquisition contracts were signed on December 4, 2025, between the acquiring party and the transferring parties [1]. Group 2: Ownership Structure Post-Acquisition - After the acquisition, the Xinjiang gas storage facility will be wholly owned by the newly established China Petroleum Xinjiang Gas Storage Company, with Taohu Investment holding 51% and Pipeline Storage holding 49% [2]. - The Xiangguosi gas storage facility will also be wholly owned by the newly established China Petroleum Xiangguosi Gas Storage Company, with the same ownership structure as Xinjiang [2]. - The Liaohe gas storage facility will be wholly owned by the newly established China Petroleum Liaohe Gas Storage Company, with Taohu Investment holding 50.49%, Pipeline Storage holding 48.51%, and Panjin State-owned Capital Investment and Operation Group holding 1% [2].

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11月30日 狀態: 新提交 FF301 致：香港交易及結算所有限公司 公司名稱: 中國石油天然氣股份有限公司（於中華人⺠共和國註册成立之股份有限公司） 呈交日期: 2025年12月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00857 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 21,098,900,000 | RMB | | 1 RMB | | 21,098,900,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 21,098,900,000 | RMB | | 1 RMB | | 21,098, ...

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，概不對因本公告全部或任何部份內容而産生或因倚賴該 等內容而引致的任何損失承擔任何責任。 中國石油天然氣股份有限公司 PETROCHINA COMPANY LIMITED （於中華人民共和國註冊成立之股份有限公司） (股份代號：857) 關連交易 收購標的公司全部股權 公司財務顧問 收購合同 茲提述公司日期為 2025 年 8 月 26 日的公告，內容有關董事會通過決議批准受讓方（分別爲 本公司非全資附屬公司）與轉讓方簽署收購合同，擬收購標的公司全部股權。 董事會僅此宣佈，受讓方與轉讓方於 2025 年 12 月 4 日分別簽署收購合同。收購事項完成 後，標的公司將成為本公司的間接非全資附屬公司，而其財務業績將綜合計入本公司的財務報 表。 收購方案 本 次 收 購 交 易 方 案 採 用 太 湖 投 資 （ 本 公 司 全 資 附 屬 公 司 ） 合 計 現 金 出 資 人 民 幣 1,604,206.00 萬元新設三家控股合資公司，即中石油新疆儲氣庫、中石油相國寺儲氣庫、中石 油遼寧儲氣庫 ...

转自：北京日报客户端 重磅！2025中国能源企业500强发展报告发布！ 2025中国能源企业500强发展报告发布现场 2024年，全球能源市场呈现供需宽松态势，原油、动力煤价格随市场供给过剩同步下滑，传统能源价格 中枢持续下移。国内层面，鼓励民间投资政策密集落地，能源领域市场准入进一步放宽，核电、储能、 油气支线等重点领域对民企开放力度显著加大，市场活力持续释放。新能源产业面临结构性分化，部分 领域前期盲目扩张导致产能过剩，低价恶性竞争问题日益凸显。电力行业凭借需求端稳步增长与供给侧 结构优化形成共振，实现稳健发展。传统能源领域"增储上产"成效显著，能源安全保障能力持续提升， 但受绿色转型加速和市场需求结构变化影响，转型压力进一步增大。 中国能源企业500强（以下简称"500强"）作为能源产业核心力量，是保障安全、推动转型、拉动增长的 中坚力量。本报告基于2024年中国能源企业营业收入等数据，聚焦其规模实力、资本格局、行业发展、 区域分布等角度，为产业高质量发展提供参考。 一 、"500强"营收增速放缓 营业收入总额小幅增长。"500强"实现营收总额33.43万亿元，较上年增长0.01万亿元，同比小幅增长 0 ...

证券代码 601857 证券简称 中国石油 公告编号 临 2025-040 中国石油天然气股份有限公司 关于太湖投资与管网储能新设合资公司并收购新疆 油田储气库公司、相国寺储气库公司、辽河油田 储气库公司 100%股权暨关联交易的进展公告 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。 一、关联交易概述 中国石油天然气股份有限公司（以下简称公司、本公司或上市公 司）日期为 2025 年 8 月 26 日的关联交易公告，内容有关公司下属全 资子公司中石油太湖（北京）投资有限公司（以下简称太湖投资）合 计现金出资 1,604,206.00 万元与相关合资方共同设立的三家合资公司， 分别收购中国石油天然气集团有限公司（以下简称集团公司）下属三 家全资子公司 100%股权，即三家合资公司中石油新油（新疆）储气 库有限公司（以下简称中石油新疆储气库）、中石油相国寺（重庆） 储气库有限公司（以下简称中石油相国寺储气库）、中石油辽油（辽 宁）储气库有限公司（以下简称中石油辽宁储气库）分别收购新疆油 田储气库有限公司、重庆相国寺储气库有限公司 ...

Core Viewpoint - China National Petroleum Corporation (CNPC) has completed the establishment of three joint ventures and signed equity acquisition contracts, acquiring 100% stakes in three gas storage companies for a total of 40 billion yuan [1] Group 1: Acquisition Details - The three joint ventures include CNPC Xinjiang Gas Storage, CNPC Xiangguansi Gas Storage, and CNPC Liaoning Gas Storage, which acquired 100% equity of Xinjiang Oilfield Gas Storage Company, Xiangguansi Gas Storage Company, and Liaohe Oilfield Gas Storage Company respectively [1] - The total acquisition amount is 40 billion yuan [1] Group 2: Strategic Importance - This transaction is beneficial for ensuring the stable operation and high-quality development of the company's natural gas industry chain [1] - Gas storage facilities are crucial in the natural gas production, transportation, storage, and sales process, serving as a tool for peak shaving and valley filling in gas sales [1] Group 3: Operational Impact - The acquisition will add 10.97 billion cubic meters of working gas capacity to the company's gas storage, enhancing the ability to match gas storage with sales [1] - The three gas storage companies will be included in the company's consolidated financial statements following the completion of the transaction [1]

▲ 2 0 2 5中国能源企业5 0 0强发展报告发布现场 2024年，全球能源市场呈现供需宽松态势，原油、动力煤价格随市场供给过剩同步下滑，传统能源价格中枢持续下移。国内层面，鼓 励民间投资政策密集落地，能源领域市场准入进一步放宽，核电、储能、油气支线等重点领域对民企开放力度显著加大，市场活力持续 释放。新能源产业面临结构性分化，部分领域前期盲目扩张导致产能过剩，低价恶性竞争问题日益凸显。电力行业凭借需求端稳步增长 与供给侧结构优化形成共振，实现稳健发展。传统能源领域"增储上产"成效显著，能源安全保障能力持续提升，但受绿色转型加速和市 场需求结构变化影响，转型压力进一步增大。 中国能源企业500强（以下简称" 500强"）作为能源产业核心力量，是保障安全、推动转型、拉动增长的中坚力量。本报告基于2024年 中国能源企业营业收入等数据，聚焦其规模实力、资本格局、行业发展、区域分布等角度，为产业高质量发展提供参考。 一 、" 50 0强"营收增速放缓 营业收入总额小幅增长。" 500强"实现营收总额33.43万亿元，较上年增长0.01万亿元，同比小幅增长0.04%，增幅再次下降（如图1所 示）。 2024年，国 ...

Group 1 - The core viewpoint of the news is the performance and growth of the Petrochemical ETF, which has shown significant increases in both net inflow and value over recent periods [1][2] - As of December 4, 2025, the Petrochemical ETF has achieved a net inflow of 25.50 million yuan over the past nine days, with a maximum single-day inflow of 11.49 million yuan [1] - The Petrochemical ETF's net asset value has increased by 28.30% over the past two years, with a highest monthly return of 15.86% since its inception [1] Group 2 - The top ten weighted stocks in the Petrochemical Industry Index account for 56.67% of the index, with major companies including Wanhua Chemical, China Petroleum, and Yalku [2] - The Petrochemical ETF has reached a new high in both scale and share, with a total scale of 202 million yuan and 242 million shares as of the latest report [1]

Core Insights - The National Petroleum and Natural Gas Index (399439) has seen an increase of 0.78% as of December 4, 2025, with significant gains in constituent stocks such as Dazhong Public Utilities (600635) up 5.22% and Hengtong Co., Ltd. (603223) up 4.47% [1] Group 1: Market Performance - The oil and gas ETF (159697) rose by 0.86%, with the latest price reported at 1.17 yuan [1] - The index reflects the price changes of publicly listed companies related to the oil and gas industry in the Shanghai and Shenzhen stock exchanges [1] Group 2: Supply and Demand Analysis - According to Tianfeng Securities, if OPEC resumes production increases in Q2 2026, the global supply increment is expected to be 1.93 million barrels per day, which is an increase of 930,000 barrels per day compared to the surplus in 2025 [1] - If OPEC does not resume production throughout 2026, the expected global supply increment would be 1.65 million barrels per day, an increase of 650,000 barrels per day compared to the surplus in 2025 [1] Group 3: Key Constituents - As of November 28, 2025, the top ten weighted stocks in the National Petroleum and Natural Gas Index include China National Petroleum (601857), Sinopec (600028), and China National Offshore Oil (600938), collectively accounting for 65.78% of the index [2]

Core Viewpoint - Southbound funds reduced their holdings in China Petroleum & Chemical Corporation (00386.HK) by 8.442 million shares on December 3, 2025, while showing a net increase in holdings over the past 20 trading days [1][2]. Group 1: Shareholding Changes - In the last five trading days, southbound funds increased their holdings on three occasions, with a total net increase of 27.482 million shares [1]. - Over the past 20 trading days, there were 17 days of net increases, totaling 299 million shares [1]. - As of December 3, 2025, southbound funds hold 6.663 billion shares of China Petroleum & Chemical Corporation, representing 27.82% of the company's total issued ordinary shares [1][2]. Group 2: Company Overview - China Petroleum & Chemical Corporation primarily engages in oil, natural gas, and chemical operations, structured into five segments: exploration and development, refining, marketing and distribution, chemicals, and trade [2]. - The exploration and development segment focuses on oilfield exploration and development, producing and selling crude oil and natural gas [2]. - The refining segment processes and refines crude oil, manufacturing and selling petroleum products to both internal divisions and external customers [2].