Group 1 - The core viewpoint emphasizes the need for state-owned enterprises in the energy sector to enhance energy supply capabilities and focus on their main responsibilities [1] - The government encourages increased domestic oil and gas exploration and development, as well as participation in the national strategic reserve system [1] - There is a strong push for transformation and development, aiming to increase the production of efficient oil products and high-value-added chemical products [1] Group 2 - The focus is on building core capabilities for independent innovation and breaking through key technologies in deep water exploration and high-end new materials development [1] - The government aims to achieve high-quality stable growth by understanding macroeconomic conditions and market trends, while also emphasizing cost reduction and effective investment [1] - There is a call for deeper reforms in state-owned enterprises, enhancing corporate governance, and improving market-oriented operational mechanisms [1]

Core Viewpoint - The Chengdu High-tech Zone Market Supervision Administration has reported an incident involving a gas station where a vehicle owner claimed that a 50-liter fuel tank was filled with 67.96 liters of gasoline, indicating a potential issue with fuel dispensing accuracy [1] Company Summary - The gas station involved is the China Petroleum Natural Gas Co., Ltd. Sichuan Chengdu Sales Branch, specifically the Gaoxin Tianshan Gas Station located in the Chengdu High-tech Zone [1] - The specific fuel dispenser in question is the 06 dispenser, which was sealed by staff on August 9, 2025, and has remained out of service since that date [1] Investigation Summary - Following the complaint received on August 11, the local market supervision office promptly contacted the complainant and conducted an on-site inspection at the gas station on August 12 [1] - A comprehensive investigation is currently underway, and further actions will be taken based on the investigation results in accordance with legal and regulatory requirements [1]

Core Insights - The State-owned Assets Supervision and Administration Commission (SASAC) emphasizes the need to enhance energy supply capabilities and focus on core responsibilities in the oil and gas sector [1] - There is a call for increased domestic oil and gas exploration and development efforts, as well as active participation in the national strategic reserve system [1] - The importance of optimizing overseas oil and gas resource allocation and expanding energy supply channels is highlighted [1] Industry Focus - The need for transformation in the energy sector is stressed, with a focus on increasing the production of efficient oil products and high-value-added chemical products [1] - The development of independent innovation capabilities is crucial, particularly in breakthrough technologies related to deepwater exploration, new areas, and high-end new materials [1] - Accelerating the transition to green energy and building a high-end chemical products and new materials industry chain is a priority [1]

融券方面，当日融券卖出15.89万股，净卖出8.86万股。 8月20日，沪深两融数据显示，中国石油获融资买入额0.74亿元，居两市第394位，当日融资偿还额0.99 亿元，净卖出2475.46万元。 最近三个交易日，18日-20日，中国石油分别获融资买入0.81亿元、0.84亿元、0.74亿元。 来源：金融界 ...

Core Viewpoint - China Petroleum's stock price increased to 8.62 yuan as of August 20, 2025, reflecting a rise of 0.10 yuan from the previous trading day [1] Group 1: Stock Performance - On August 20, 2025, China Petroleum's stock opened at 8.52 yuan, reached a high of 8.65 yuan, and a low of 8.50 yuan, with a trading volume of 1.34 million hands and a transaction amount of 1.155 billion yuan [1] Group 2: Company Overview - China Petroleum is a major oil and gas producer and supplier in China, involved in oil and gas exploration and development, refining and chemical production, pipeline transportation, sales and trade, and engineering technical services [1] - The company ranks 14th in the "Top Brand 2025 World Brand 500" with a brand value of 280.17 billion USD, making it the highest valued brand in China [1] Group 3: Upcoming Events - China Petroleum is scheduled to hold its 2025 semi-annual performance briefing on August 27 [1] Group 4: Infrastructure Development - The company has established the largest capacity solar storage supercharging demonstration station in Guangdong, with a peak photovoltaic installed capacity of 243 kilowatts [1] Group 5: Capital Flow - On August 20, 2025, the net inflow of main funds into China Petroleum was 105.95 million yuan, while the net outflow over the past five days was 106.09 million yuan [1]

证券日报网讯 8月20日晚间，中国石油发布公告称，公司计划于2025年8月27日（星期三）17：30-18： 30召开2025年半年度业绩说明会。 （文章来源：证券日报） ...

Core Viewpoint - The article highlights recent advancements in the commercial energy storage sector, with four companies announcing significant projects that enhance energy reliability and efficiency in various regions [2][3][6][12]. Group 1: Company Developments - GCL-Poly Energy has secured a 150MWh commercial energy storage project in Wuhu, consisting of 30 units of 2.5MW/5MWh storage sub-units, featuring intelligent control platforms for various commercial scenarios [3][5]. - Daqin Energy has successfully connected a 10MW/20MWh commercial energy storage project in Suzhou to the grid, providing a comprehensive solution that includes project planning, design, equipment supply, and smart operation management [6][8]. - Jinko Solar is deploying two 2.15MWh energy storage systems in El Salvador and has partnered with a Mauritanian brand to implement a solar plus storage system, aiming to reduce carbon emissions and operational costs [9][11]. - China National Petroleum Corporation has established a large-scale solar-storage charging station in Guangdong, featuring a peak photovoltaic capacity of 243KW and an annual power generation of approximately 219,000KWh [12]. Group 2: Economic and Environmental Impact - The GCL-Poly project is designed to provide economic benefits through peak shaving and emergency backup, while also preparing for virtual power plant support [5]. - The Daqin Energy project is expected to save the client approximately 4 million yuan annually in electricity costs, with an estimated annual discharge of 9 million kWh [8]. - Jinko Solar's projects are projected to significantly reduce carbon emissions, with the Mauritanian project expected to cut around 1,800 tons of CO2 emissions annually [11]. - The CNPC charging station is anticipated to serve about 170,000 new energy vehicles per year, contributing to a reduction of approximately 140 tons of carbon emissions annually [12].

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董事會 中國北京 2025 年 8 月 20 日 於本公告日，本公司董事會由戴厚良先生擔任董事長，由段良偉先生及謝軍先生擔任非執行董事， 由黃永章先生、任立新先生及張道偉先生擔任執行董事，由蔣小明先生、何敬麟先生、閻焱先生、 劉曉蕾女士及張玉新先生擔任獨立非執行董事。 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) 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B 條作出。 茲載列中國石油天然氣股份有限公司在上海證券交易所網站刊登的《中國石油天然氣股份有限 公司關於召開 2025 年半年度業績說明會的公告》，僅供參閱。 特此公告 一、 说明会类型 本次业绩说明会通过网络互动形式召开，公司将介绍 2025 年半年度的经营 业绩情况，并在信息披露允许的范围 ...

Market Overview - The Shanghai Composite Index rose by 1.04% on August 20, with 30 industries experiencing gains, led by the beauty care and oil & petrochemical sectors, which increased by 2.42% and 2.36% respectively [1] - The oil & petrochemical industry ranked second in terms of daily gains [1] - The pharmaceutical and biological sector was the only industry to decline, with a decrease of 0.07% [1] Capital Flow Analysis - The main capital flow showed a net outflow of 30.229 billion yuan across the two markets, with 10 industries seeing net inflows [1] - The electronics sector had the highest net inflow, amounting to 5.522 billion yuan, with a daily increase of 2.32% [1] - The food and beverage industry followed with a net inflow of 2.494 billion yuan and a daily increase of 1.39% [1] Oil & Petrochemical Sector Details - The oil & petrochemical industry saw a daily increase of 2.36% with a net inflow of 561 million yuan, comprising 47 stocks, of which 42 rose and 4 fell [2] - The top stocks in terms of net capital inflow included Hengli Petrochemical with 195 million yuan, followed by Baomo Co. and China Petroleum with 128 million yuan and 100 million yuan respectively [2] - Notable stocks with significant net outflows included Guanghui Energy, Hengtong Co., and Tongkun Co., with outflows of 105 million yuan, 23.013 million yuan, and 19.715 million yuan respectively [2]

Market Performance - The refining and trading sector increased by 1.89% on August 20, with Baomo Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3766.21, up 1.04%, while the Shenzhen Component Index closed at 11926.74, up 0.89% [1] Key Stocks in Refining and Trading Sector - Baomo Co., Ltd. (002476) closed at 5.67, up 10.10% with a trading volume of 1.1579 million shares and a transaction value of 649 million [1] - Hengli Petrochemical (600346) closed at 16.50, up 9.93% with a trading volume of 899,100 shares and a transaction value of 1.434 billion [1] - Rongsheng Petrochemical (002493) closed at 9.73, up 7.28% with a trading volume of 847,000 shares and a transaction value of 805 million [1] Capital Flow Analysis - The refining and trading sector saw a net inflow of 538 million from main funds, while retail investors experienced a net outflow of 362 million [2][3] - Main funds showed significant inflow into Hengli Petrochemical (600346) with 251 million, while retail investors had a net outflow of 67.5 million [3] - Baomo Co., Ltd. (002476) had a main fund inflow of 133 million, but retail investors saw a net outflow of 68.9 million [3]