中央纪委国家监委网站讯 据中央纪委国家监委驻中国石油纪检监察组、黑龙江省纪委监委消息：中国 华油集团有限公司原党委委员、副总经理罗中华涉嫌严重违纪违法，目前正接受中央纪委国家监委驻中 国石油纪检监察组纪律审查和黑龙江省伊春市监察委员会监察调查。 （中央纪委国家监委驻中国石油纪检监察组、黑龙江省纪委监委） ...

Group 1 - The former member of the Party Committee and Vice General Manager of China Huayou Group, Luo Zhonghua, is under investigation for serious violations of discipline and law [1] - The investigation is being conducted by the Central Commission for Discipline Inspection and the National Supervisory Commission, along with the Heilongjiang Provincial Discipline Inspection and Supervision Commission [1]

中央纪委国家监委网站8月22日通报，据中央纪委国家监委驻中国石油纪检监察组、黑龙江省纪委监委 消息：中国华油集团有限公司原党委委员、副总经理罗中华涉嫌严重违纪违法，目前正接受中央纪委国 家监委驻中国石油纪检监察组纪律审查和黑龙江省伊春市监察委员会监察调查。 ...

中国石油化工股份(00386)发布公告，于2025年8月22日，该公司斥资2.98亿港元回购6762.4万股。 ...

格隆汇8月22日丨中国石油化工股份(00386.HK)发布公告，2025年8月22日，公司于上交所耗资人民币 9980.60万港元回购1720万股A股，回购价格每股5.77-5.86元。 ...

智通财经APP讯，中国石油化工股份(00386)发布公告，于2025年8月22日，该公司斥资2.98亿港元回购 6762.4万股。 ...

Investment Rating - The report rates the chemical industry as "Outperforming the Market" [1] Core Views - The report highlights the recent price movements in lithium carbonate, international oil prices, and organic silicon prices, with a focus on the implications of these changes for various sub-industries [1][7] - Key areas of focus for August include mid-year report trends, the impact of "anti-involution" on supply in related sub-industries, the importance of self-sufficiency in electronic materials companies, and stable dividend policies in energy companies [1][8] Industry Dynamics - In the week of August 11-17, 2025, among 100 tracked chemical products, 28 saw price increases, 42 saw declines, and 30 remained stable. Overall, 57% of products had a month-on-month average price increase, while 37% saw a decrease [2][7] - The average price of lithium carbonate increased by 17.48% compared to the previous week, reaching 84,000 CNY/ton, marking a cumulative increase of 41.18% since June 20 [2][7] - International oil prices fell, with WTI crude oil futures closing at 62.80 USD/barrel (down 1.69%) and Brent crude at 65.85 USD/barrel (down 1.11%) [2][7] - Organic silicon prices decreased by 8.00% to an average of 11,500 CNY/ton, attributed to weak terminal demand and the conclusion of pre-sale orders [2][7] Investment Recommendations - The report suggests focusing on mid-year report trends, the effects of "anti-involution" on supply, the significance of self-sufficiency in electronic materials, and the stability of dividend policies in energy companies [1][8] - Long-term investment themes include the sustained high prices of crude oil, the ongoing recovery of the oil service industry, and the rapid development of downstream industries, particularly in new materials [8] - Recommended stocks include China Petroleum, China National Offshore Oil Corporation, China Petrochemical Corporation, and several technology and chemical companies [8][9]

该行预计，中石化第三季的盈利将略为改善。期内油价较上季稳定，相信原油库存对盈利的负面影响较 小。此外，由于第三季是化学品的传统旺季，化学品业务的利润或会上升。长期而言，该行相信中国的 反内卷措施，加上海外产能退出，将推高炼油的基本面。另外，公司将其全年资本开支指引下调5%。 瑞银发布研报称，中国石油化工股份(00386)上半年纯利同比跌40%至215亿元人民币，符合其早前发出 的盈利预告。公司第二季溢利82亿元人民币，同比降53%，按季跌38%。该行将公司目标价由5.3港元微 降至5.2港元，但相信以长期而言，炼油业的基本面将会复苏，因此维持"买入"评级。 ...

Core Viewpoint - UBS reported that China Petroleum & Chemical Corporation (Sinopec) experienced a 40% year-on-year decline in net profit for the first half of the year, amounting to 21.5 billion RMB, which aligns with earlier profit forecasts [1] Financial Performance - The company's profit for the second quarter was 8.2 billion RMB, reflecting a 53% year-on-year decrease and a 38% quarter-on-quarter decline [1] - UBS slightly reduced the target price for Sinopec from 5.3 HKD to 5.2 HKD, while maintaining a "Buy" rating based on long-term recovery expectations in the refining sector [1] Future Outlook - UBS anticipates a slight improvement in Sinopec's earnings for the third quarter, attributing this to stable oil prices compared to the previous quarter and a reduced negative impact from crude oil inventories [1] - The third quarter is traditionally a peak season for chemicals, suggesting potential profit increases in the chemicals business [1] - Long-term expectations are positive due to China's anti-involution measures and the exit of overseas capacities, which are expected to enhance the fundamentals of the refining sector [1] - The company has lowered its full-year capital expenditure guidance by 5% [1]

以"展"促"产" 赋能西南 在全球能源格局深度调整、"双碳" 目标引领能源转型的大背景下，西南地区凭借其丰富的油气资源禀赋，正逐步崛起为我国能源版图中的关键力量。特 别是 2025 年以来，西南油气市场在政策利好与技术创新的双轮驱动下，发展势头愈发强劲。9月11- 13日，2025 成都国际石油和化工技术装备展览会 (cippe 成都石油展)将于成都世纪城新国际会展中心盛大举办，必将为西南油气市场注入一剂 "强心针"。 现距展会开幕仅剩 20 天! 在商贸合作方面，展会直接对接西南地区油气行业全产业链，为企业拓展西南市场提供了难得的机遇。企业能够在展会上直接与潜在客户面对面交流， 了解市场需求，促进"产业研用"深度合作。 行业领军企业云集 政策与数据双重驱动 促西南油气市场蓬勃发展 西南地区作为我国重要的清洁能源战略基地，坐拥得天独厚的能源资源优势，正站在能源转型与增储上产的历史潮头。就在 8 月 16 日，中国石油宣布旗 下西南油气田公司累计生产天然气突破 7000 亿立方米，为国家能源结构优化及区域绿色发展提供了坚实保障。 《"十四五"现代能源体系规划》的收官之年，国家对天然气产供储销体系的建设要求进入攻 ...