Core Viewpoint - As of December 30, 2025, China Petroleum (601857) closed at 10.25 yuan, marking a 1.89% increase, with a trading volume of 1.7261 million lots and a transaction value of 1.763 billion yuan [1] Group 1: Financial Performance - For the first three quarters of 2025, China Petroleum reported a main revenue of 21,692.56 billion yuan, a year-on-year decrease of 3.92% [3] - The net profit attributable to shareholders was 1,262.79 billion yuan, down 4.9% year-on-year, while the net profit excluding non-recurring items was 1,268.74 billion yuan, a decline of 6.36% [3] - In Q3 2025, the company achieved a single-quarter main revenue of 7,191.57 billion yuan, reflecting a year-on-year increase of 2.34% [3] - The single-quarter net profit attributable to shareholders was 422.86 billion yuan, down 3.86% year-on-year, and the net profit excluding non-recurring items was 427.58 billion yuan, a decrease of 2.16% [3] - The company's debt ratio stood at 38.38%, with investment income of 127.32 billion yuan and financial expenses of 89.29 billion yuan, resulting in a gross profit margin of 21.09% [3] Group 2: Market Activity - On December 30, 2025, the net inflow of main funds was 221 million yuan, accounting for 12.51% of the total transaction value, while retail investors experienced a net outflow of 1.33 billion yuan, representing 7.54% of the total transaction value [1] - The financing data indicated that on the same day, the financing buy amounted to 137 million yuan, while financing repayment was 234 million yuan, resulting in a net repayment of 96.56 million yuan [2] - The stock had 13 institutional ratings in the last 90 days, with 12 buy ratings and 1 hold rating, and the average target price set by institutions was 11.58 yuan [3]

国内新闻 ◐ 全国排查废弃矿洞近1 0万个，已封堵超九成。 据央视新闻报道，1 2月3 0日，国家矿山安全监察局举行新闻发布会。发布会上 介绍，今年9月国务院安委会办公室部署开展废弃矿洞排查封堵整治、打击盗采盗挖工作以来，全国已累计排查废弃矿洞近1 0万 个，已完成封堵超九成。 ◐ 我国力争到203 0年累计制修订制造业中试标准100项以上。 据新华社12月30日报道，工业和信息化部日前印发《制造业中试 标准体系建设指南（202 5版）》，提出到2 027年累计制修订标准5 0项以上，到2 03 0年累计制修订标准10 0项以上，建成涵盖基 础通用、关键技术和行业应用的先进制造业中试标准体系，引领制造业中试创新发展。 新闻聚焦 ◐《20 25年度国家绿色算力设施名单》发布。 12月29日，工信部、国家发改委、商务部、金融监管总局、国管局、国家能源局 六部门发布《2025年度国家绿色算力设施名单》。其中，能源领域共有两家，为国家电投集团贵安数据中心和南方电网绿色智慧 数据中心。 【更多详情】 国际新闻 ◐ 每人4 000美元，尼泊尔拟征收珠峰垃圾清理费。 据央视新闻12月30日报道，为缓解珠穆朗玛峰攀登活动带来 ...

Core Viewpoint - The signing of the "Engineering Intermediate Handover Certificate" marks a significant transition for the China National Petroleum Corporation (CNPC) Blue Ocean (Nantong) pilot base from construction to formal operation [1] Group 1: Project Overview - The total investment for the CNPC Blue Ocean New Materials Project is 50 billion yuan, which is a key component of the strategic cooperation agreement between CNPC and Jiangsu Province [1] - The Blue Ocean (Nantong) pilot base is crucial for CNPC's implementation of the "dual carbon and three new" strategy, promoting the green and low-carbon transformation of its refining business [1] Group 2: Technological and Research Implications - The pilot base will support the establishment of a new materials technology innovation system and is essential for the industrialization of new technologies from CNPC's Shanghai New Materials Research Institute and other research institutes [1] - The facility aims to facilitate the "last mile" of technology transfer, ensuring that scientific achievements are effectively converted into practical applications [1]

Core Viewpoint - China National Petroleum Corporation (CNPC) has established a new subsidiary, PetroChina New Oil (Turpan) New Energy Co., Ltd., focusing on renewable energy services including power generation and transmission [1] Group 1: Company Overview - The newly established company has a registered capital of 3 million yuan [1] - The business scope includes power generation, transmission, distribution, solar power technology services, wind power technology services, and energy storage technology services [1] - The subsidiary is wholly owned by PetroChina Taihu (Beijing) Investment Co., Ltd., a subsidiary of CNPC [1]

Core Viewpoint - China Petroleum & Chemical Corporation (601857) has seen a recent increase in stock price and market capitalization, alongside a significant share buyback plan initiated by its controlling shareholder [1] Group 1: Stock Performance - As of December 30, 2025, China Petroleum's stock closed at 10.25 yuan, up 1.89% from the previous trading day [1] - The stock opened at 10.06 yuan, reached a high of 10.4 yuan, and a low of 10.02 yuan, with a trading volume of 17.63 billion yuan and a turnover rate of 0.11% [1] Group 2: Share Buyback Plan - The controlling shareholder, China National Petroleum Corporation, along with its wholly-owned subsidiary, announced a plan to increase their holdings in the company by purchasing A-shares and H-shares through the Shanghai and Hong Kong stock exchanges [1] - The planned investment amount ranges from 2.8 billion yuan to 5.6 billion yuan, with the buyback period set for 12 months starting from April 8, 2025 [1] - As of December 29, 2025, the controlling shareholder has acquired 30 million A-shares, representing approximately 0.02% of the total share capital, while the subsidiary has purchased 11.896 million H-shares, accounting for about 0.01% of the total share capital [1]

Core Viewpoint - The Hebei Renqiu Western New Town geothermal heating project is China's first million-square-meter oilfield characteristic multi-heat source coupling heating demonstration project, utilizing geothermal and oilfield waste heat resources for clean heating [1][2] Group 1: Project Overview - The total heating area of the Renqiu geothermal heating project is 2.69 million square meters, with an average indoor heating temperature above 22 degrees Celsius [1] - The project is expected to reduce carbon dioxide emissions by 70,000 tons annually, equivalent to the afforestation area of approximately 2,000 hectares [1] Group 2: Resource Utilization - The North China Oilfield is located in a region rich in geothermal resources, capable of meeting a heating area of 2 billion square meters [2] - The oilfield has developed a series of geothermal development technologies that do not consume water and ensure equal layer reinjection, enhancing the efficiency of energy conversion and utilization [2] Group 3: Strategic Alignment - The project aligns with China's "dual carbon" strategy, actively utilizing deep geothermal resources and exploring successful models for the development and utilization of oilfield waste heat resources [2] - The North China Oilfield has established multiple geothermal comprehensive utilization projects in the Beijing-Tianjin-Hebei region, contributing to regional green development [2]

Core Viewpoint - The article highlights the significant achievements in China's energy sector over the past five years, particularly emphasizing the growing role of natural gas as a clean and efficient fossil energy source in optimizing the energy structure and ensuring national energy security [1]. Group 1: Exploration and Development Strategies - The continuous growth in China's natural gas production is attributed to the deep exploration of existing resources and proactive planning for future growth points [3]. - The "Ballast Stone Project" initiated by the company in 2023 aims to innovate and upgrade existing development systems, effectively revitalizing the production potential of mature gas fields [3]. - The company is also focusing on unconventional natural gas resources, such as shale gas and coalbed methane, ensuring a dual strategy of conventional and unconventional gas development [3]. Group 2: Technological Innovation - The company has consistently leveraged technological innovation to overcome significant exploration and development challenges, leading to record-high domestic natural gas production [4]. - In the Ordos Basin, a specialized team has successfully addressed the challenges of low-permeability and low-abundance gas reservoirs, establishing China's first large-scale gas production area with an annual output exceeding 50 billion cubic meters [4]. - The Southwest Oil and Gas Field has developed the first large gas area in the region with an annual output of 40 billion cubic meters, despite facing numerous technical challenges [5]. Group 3: Energy Structure Optimization - The growth in natural gas production signifies a profound transformation in the energy supply structure, with the company firmly promoting a shift towards green and low-carbon energy [6]. - Natural gas has increasingly become a priority in the company's production strategy, with its output consistently surpassing that of crude oil, now accounting for a significant portion of the company's total oil and gas production [6]. - Projections indicate that by 2025, natural gas is expected to account for 9.2% of China's total primary energy consumption, highlighting its strategic value in bridging fossil and renewable energy sources [6].

格隆汇12月30日丨中国石油化工股份(00386.HK)公布，2025年12月30日，公司注销1.63亿股已回购股 份。 ...

fund 智通财经APP讯，中国石油化工股份(00386)发布公告，于2025年12月30日注销1.63亿股已回购股份。 （原标题：中国石油化工股份(00386)12月30日注销1.63亿股已回购股份） ...

格隆汇12月30日丨中国石油化工股份(00386.HK)公布，2025年12月30日，公司注销1.63亿股已回购股 份。 ...