中 國 石 油 天 然 氣 股 份 有 限 公 司 PETROCHINA COMPANY LIMITED ( 在中華人民共和國註冊成立的股份有限公司 ) (股份代號: 857) 2025 年 12 月 18 日（星期四） 2025 年第一次臨時股東會 之代表委任表格 | 與本代表委任表格有關之股份數目 1 | | --- | | 與本代表委任表格有關之股份類別 | | （A 股或 H 股）1 | 本人/吾等 2 地址為 (須與股東名冊上所載的相同)乃中國石油天然氣股份有限公司（「本公司」）之股東，茲委任臨時股東 會（如下文定義）主席或 3 地址為 日期： 2025 年 月 日 簽署 5： 附註： - 1 - 1. 請填上與本代表委任表格有關以 閣下名義登記之股份數目。如未有填上股數，則本代表委任表格將被視為與所有以 閣下名義登 記之本公司股份有關。亦請填上與本代表委任表格有關的股份類別（A 股或 H 股）。 2. 請用正楷填上全名（中文或英文名）及地址（須與股東名冊上所載的相同）。 3. 如擬委派臨時股東會主席以外之人士為代表，請將「臨時股東會（如下文定義）主席或」字樣刪去，並在空欄內填上 閣下擬委派 之代表 ...

Core Insights - The article highlights the successful implementation of integrated water and fertilizer management in agriculture, leading to significant yield increases for crops like corn and soybeans [1][3][5] Group 1: Agricultural Innovation - The village leader, Yu Jinguang, recognized the trend towards modern agriculture and established a large-scale integrated water and fertilizer trial on 2,250 acres, resulting in over a 10% increase in corn yield and an additional 400 pounds of soybeans per acre [1][3] - The trial utilized a "2 rows of corn + 2 rows of soybeans" planting pattern with a drip irrigation system that improved fertilizer utilization by 30% [3][5] Group 2: Collaboration with China Petroleum - Yu Jinguang compared the performance of crops using China Petroleum's water-soluble fertilizers against other brands, finding significantly higher yields from the former [5][6] - China Petroleum's support included regular visits from technical staff to provide guidance on fertilizer application and crop management, ensuring tailored nutrient supply based on soil and crop needs [6][8] Group 3: Industry Impact and Adoption - The success of the trial has attracted attention, leading to multiple field observation events organized by local authorities and China Petroleum, drawing over 3,000 farmers seeking to learn from the results [8] - Farmers have noted that while the cost of water and fertilizer may be higher, the long-term benefits from increased yields justify the investment, enhancing land utilization [8]

(股份代號: 857) 2025 年第一次臨時股東會通告 茲通知：中國石油天然氣股份有限公司（「本公司」）謹定於 2025 年 12 月 18 日（星期四） 上午 9 時正在中國北京市朝陽區北四環中路 8 號北京北辰五洲皇冠國際酒店召開 2025 年第一次臨時股東 會，考慮、審議及授權以下事項： 普通決議案 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 ( 在中華人民共和國註冊成立的股份有限公司 ) 1. 審議並批准選舉周心懷先生為本公司董事的議案 2. 審議並批准選舉宋大勇先生為本公司執行董事的議案 考慮及酌情通過以下議案為普通決議案： 累積投票方式： 特別決議案 考慮及酌情通過以下議案為特別決議案： 非累積投票方式： 1. 審議並批准修訂公司章程、股東會議事規則、董事會議事規則以及取消監事會 承董事會命 中國石油天然氣股份有限公司 公司秘書 ...

Core Viewpoint - The China National Petroleum Corporation (CNPC) Heilongjiang Sales Company is proactively addressing the challenges posed by low temperatures in Heilongjiang Province, ensuring a stable supply of low cold-point diesel to meet the demands of the market during winter [1][2]. Group 1: Supply Chain Management - The company has implemented a "district + account manager + gas station" three-tier research system to assess the demand for low cold-point diesel across 13 cities in Heilongjiang Province since early October [1]. - A one-on-one communication and demand ledger registration model has been adopted for key sectors such as transportation logistics and infrastructure projects, allowing the company to record daily fuel consumption, supply cycles, and emergency needs [1]. - The company has developed supply plans that include delivery schedules and emergency refueling measures to ensure consistent supply [1]. Group 2: Regional Strategy - The company has adopted a "regional and time-based" replacement strategy, prioritizing low-temperature areas like Daxing'anling and Heihe for diesel replacement, while staggering the supply in warmer areas like Harbin and Daqing to alleviate resource allocation pressure [1]. Group 3: Monitoring and Response - A "real-time monitoring - rapid response - closed-loop disposal" mechanism has been established, with a supply guarantee command center set up to monitor weather and road conditions 24/7 [2]. - The production monitoring system is utilized to screen inventory and supply conditions at gas stations, ensuring stable supply of low cold-point diesel at critical routes and key gas stations [2]. - As of now, the company has supplied over 40,000 tons of low cold-point diesel, achieving a 100% supply satisfaction rate at key regional stations [2].

Core Insights - As of October 31, 2025, China Petroleum (601857) closed at 9.15 CNY, up 0.55% with a turnover rate of 0.07% and a trading volume of 1.195 million hands, resulting in a transaction value of 1.09 billion CNY [1] Fund Flow Analysis - On October 31, 2025, the net inflow of main funds was 131 million CNY, accounting for 12.04% of the total transaction value, while retail investors experienced a net outflow of 84.92 million CNY, representing 7.79% of the total transaction value [1] - The fund flow data for the past five days shows fluctuations in net inflows and outflows, with the highest main fund inflow recorded on October 30 at 844.22 million CNY [2] Company Performance Metrics - China Petroleum's total market capitalization is 1.67464 trillion CNY, with a net asset value of 1.75621 trillion CNY and a net profit of 126.279 billion CNY [3] - The company reported a year-on-year decline in main revenue of 3.92% for the first three quarters of 2025, totaling 2.169256 trillion CNY, and a net profit decrease of 4.9% [3] - The third quarter of 2025 saw a slight increase in main revenue by 2.34% year-on-year, amounting to 719.157 billion CNY, while net profit decreased by 3.86% [3] Industry Ranking - China Petroleum ranks favorably in several key metrics within the oil industry, with a price-to-earnings ratio of 9.95, significantly lower than the industry average of 30.07, and a price-to-book ratio of 1.07 compared to the industry average of 2.44 [3] - The company has a gross margin of 21.09%, which is above the industry average of 18.66%, and a return on equity (ROE) of 8.1%, significantly higher than the industry average of 1.3% [3] Analyst Ratings - Over the past 90 days, 14 institutions have rated the stock, with 13 buy ratings and 1 hold rating, and the average target price set at 10.66 CNY [4]

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通函的內容概不負責，對其準確性或完整性 亦不發表任何聲明，並明確表示，概不對因本通函全部或任何部分內容而產生或因依賴該等內容而引致 的任何損失承擔任何責任。 此 乃 要 件 請 即 處 理 閣下如對本通函任何方面或應採取的行動有疑問，應諮詢 閣下的股票經紀或其他註冊證券交易商、 銀行經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓名下中國石油天然氣股份有限公司的全部股份，應立即將本通函及代表委任表 格交予買主，或送交經手買賣的銀行、股票經紀人、持牌證券交易員或其他代理商，以便轉交買主。 中 國 石 油 天 然 氣 股 份 有 限 公 司 PETROCHINA COMPANY LIMITED (在中華人民共和國註冊成立的股份有限公司) (股份代號: 857) 建議選舉及委任董事； 建議修訂公司章程、股東會議事規則、董事會議事規則以及取消監事會；及 2025 年第一次臨時股東會通告 務請注意：本通函旨在向中國石油天然氣股份有限公司股東就建議選舉及委任董事，建議修訂公司章 程、股東會議事規則、董事會議事規則以及取消監事會提供資料；使中國石油天然氣股份有限 ...

Core Points - China Petroleum & Chemical Corporation (00857) announced that Zhou Song has submitted his resignation due to work adjustments, effective October 31, 2025 [1] Group 1 - Zhou Song has resigned from his position as supervisor and chairman of the supervisory board [1]

Core Viewpoint - The Guangxi Petrochemical Ethylene Project, a key initiative under China National Petroleum Corporation (CNPC) during the 14th Five-Year Plan, has been fully completed and is now operational, marking a significant milestone in China's petrochemical industry transformation [1][3]. Investment and Scale - The project has a total investment exceeding 30 billion yuan, establishing the largest million-ton ethylene facility in Southwest China, which signifies a critical shift from scale dependency to quality improvement in the petrochemical sector [3]. Technological Innovations - The project features several technological advancements, including the world's largest 200,000-ton diesel adsorption separation unit, which enhances raw material utilization efficiency by over 15% compared to traditional methods [22]. - It employs CNPC's proprietary technology for a 50,000-ton/year 1-hexene production unit, showcasing the company's capacity for independent technological development [10]. - The facility includes the first domestically designed and built 30000 cubic meter ethylene low-temperature tank, ensuring safe storage of ethylene at ultra-low temperatures [19]. Production and Environmental Impact - Upon full operation, the project is expected to reduce refined oil output by 3.49 million tons annually while increasing chemical product output by 3.06 million tons, addressing domestic supply gaps in functional rubber, high-end polyolefins, and advanced membrane materials [23]. - The project achieves 100% green electricity for its new power consumption, with energy consumption metrics for refining and ethylene units exceeding national benchmark standards, aligning with national green and low-carbon development goals [23]. Market and Economic Implications - The project is set to transform Guangxi's industrial landscape from basic chemicals to high-end chemical new materials, leveraging the Western Land-Sea New Corridor to expand market reach into Southwest China, South China, and ASEAN markets [23]. - It aims to create a trillion-yuan green chemical new materials industry cluster, stimulating downstream industries such as packaging, construction materials, and automotive sectors, fostering a "leading role and cluster development" industrial ecosystem [23].

智通财经APP讯，中国石油股份(00857)发布公告，因工作调整需要，周松已向本公司提交辞呈，辞任本 公司监事及监事会主席的职务，该等辞任在2025年10月31日生效。 ...

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分內容而産生或因倚 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 （於中華人民共和國註冊成立之股份有限公司） (股份代號：857) 建議修訂公司章程、股東會議事規則及董事會議事規則 本公告乃中國石油天然氣股份有限公司（「本公司」）根據《香港聯合交易所有限公司證券上 市規則》第 13.51（1）條作出。 本公司為貫徹落實新《中華人民共和國公司法》、中國證券監督管理委員會發佈的《關於新< 公司法>配套制度規則實施相關過渡期安排》等相關法律法規，董事會已審議通過關於修訂本公司 《公司章程》（「公司章程」）、《股東會議事規則》（「股東會議事規則」）及《董事會議事 規則》（「董事會議事規則」）相關條款并取消監事會的決議，並同意將相關修訂草案提交本公 司股東會審議。 一、建議修訂公司章程 建議對公司章程的修訂內容如下： | | 原《公司章程》 | 修訂後《公司章程》 | | --- | --- | --- | | | 第一章 總則 | 第一章 總則 | ...