Financial Performance - Total operating revenue for the first half of 2022 was ¥15,357,845,719.61, representing a 3.11% increase compared to ¥14,895,120,076.82 in the same period last year[14]. - Net profit attributable to shareholders of the listed company decreased by 5.85% to ¥3,516,397,964.79 from ¥3,734,992,515.74 in the previous year[14]. - Basic earnings per share decreased by 6.67% to ¥0.28 from ¥0.30 in the previous year[14]. - The company reported a net profit margin improvement, with net income for the first half of 2022 reflecting a stable performance despite increased operating costs[117]. - The total profit for the first half of 2022 was 7,875,910,547.15, a decrease of 4.61% compared to 8,256,254,079.99 in the first half of 2021[118]. Cash Flow and Liquidity - Net cash flow from operating activities improved by 57.39%, reaching -¥14,684,092,963.18 compared to -¥34,462,499,232.01 in the same period last year[14]. - The net increase in cash and cash equivalents was CNY -19,157,069,096.94, a 31.85% improvement from CNY -28,110,953,274.86[42]. - Cash flow from operating activities was 103,388,713.68, an increase from 97,871,897.35 in the first half of 2021[123]. - The company reported a significant increase in credit impairment losses to 395,780,738.15 from -222,936,714.34 in the previous year[118]. - The total amount of cash and cash equivalents reached ¥29,924,644,192.69, with central bank deposits constituting ¥29,660,142,505.12[49]. Assets and Liabilities - Total assets at the end of the reporting period were ¥992,696,033,326.32, a slight increase of 0.22% from ¥990,531,516,299.81 at the end of the previous year[14]. - The company's total liabilities as of June 30, 2022, amounted to ¥820,679,909,453.90, slightly down from ¥822,052,967,065.53 at the beginning of the year[109]. - The company's long-term equity investments were valued at CNY 13.69 billion, slightly down from CNY 13.84 billion, indicating a decrease of about 1.1%[107]. - The company's short-term borrowings increased to CNY 36,844,144,940.79, reflecting a 0.77% rise from CNY 29,103,896,418.47[45]. - The total equity attributable to shareholders reached ¥94,266,455,074.79 as of June 30, 2022, compared to ¥92,859,552,745.42 at the start of the year, reflecting an increase of about 1.51%[111]. Strategic Developments and Future Plans - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[3]. - Future plans and strategic developments mentioned in the report do not constitute a commitment to investors, highlighting the need for risk awareness[3]. - The company is actively developing green financial products to support carbon peak goals and sustainable development[36]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[1]. - The company has outlined potential risks and countermeasures in the report, urging investors to remain aware of investment risks[3]. Risk Management - The company reported a focus on risk management, addressing business, market, stock market, financial, overseas operation, and management risks to ensure stable operations[57]. - The financial performance is sensitive to macroeconomic factors, with potential impacts from fluctuations in interest rates, exchange rates, and stock indices[58]. - The company maintains a strong capital position to comply with regulatory requirements and mitigate financial risks, ensuring sufficient capital levels[59]. - The company has established a liquidity risk management system to monitor liquidity indicators and conduct stress tests to prevent liquidity risks[59]. - The company has no significant impairment risks associated with its overseas net assets[47]. Social Responsibility and Community Engagement - The company is actively involved in rural revitalization efforts, with 13 personnel deployed for targeted assistance in six villages, focusing on employment, industry development, and education[64]. - The company has provided targeted funding of 300,000 yuan to support 50 impoverished students in a primary school in Xinjiang since 2016[66]. - The company contributed approximately 76,800 yuan in cash and materials for nine projects, including pandemic prevention and education support, during the first half of 2022[66]. - The company has continued to deepen its social responsibility initiatives, contributing to building a harmonious society[66]. - The company has engaged in consumption assistance, supporting the development of characteristic industries in poverty-stricken areas with 870,000 yuan in the first half of 2022[67]. Compliance and Governance - The company emphasizes compliance with laws and regulations to mitigate stock market risks and enhance corporate governance[58]. - The company has maintained a strong integrity status, with no major unfulfilled court judgments or significant debt defaults during the reporting period[72]. - The company has not faced any major penalties or rectification issues during the reporting period[72]. - The company has not reported any major issues related to its subsidiaries during the reporting period[89]. - The financial report was approved by the board on August 18, 2022, covering the first half of 2022[142]. Related Party Transactions - The company has no significant related party transactions during the reporting period[79]. - There were no non-operating fund occupation issues by controlling shareholders or related parties during the reporting period[69]. - The company did not report any projects that contributed to over 10% of its total profit during the reporting period[80]. - The company did not have any asset or equity acquisition or sale related party transactions during the reporting period[76]. - The company has a 28% stake in CNPC Capital, managing 40% of its equity held by China National Petroleum Corporation[79].

Dividend Distribution - The company plans to distribute a cash dividend of 1.32 RMB per 10 shares to all shareholders, based on a total of 12,642,079,079 shares[6]. - The cash dividend distribution plan was approved at the shareholders' meeting, with 100% of the distributable profit allocated to cash dividends[135]. Business Operations - The company reported no changes in its main business operations during the fiscal year 2021[15]. - There were no changes in the controlling shareholder and actual controller of the company during the fiscal year 2021[15]. - The company’s financial advisor and continuous supervision responsibilities were not applicable during the reporting period[16]. Financial Performance - Total revenue for 2021 was CNY 30,963,931,672.48, an increase of 2.78% compared to 2020[17]. - Net profit attributable to shareholders for 2021 was CNY 5,550,119,961.32, a decrease of 29.24% from 2020[17]. - Net profit excluding non-recurring gains and losses for 2021 was CNY 5,484,945,036.64, down 30.01% year-over-year[17]. - Net cash flow from operating activities for 2021 was CNY 38,271,760,335.66, a significant increase of 215.62% compared to 2020[18]. - Basic and diluted earnings per share for 2021 were both CNY 0.44, a decrease of 29.03% from 2020[18]. - Weighted average return on equity for 2021 was 6.11%, down 2.98 percentage points from 2020[18]. - Total assets at the end of 2021 were CNY 990,531,516,299.81, an increase of 5.37% from the end of 2020[18]. - Net assets attributable to shareholders at the end of 2021 were CNY 92,859,552,745.42, up 3.85% from the end of 2020[18]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and development strategies[6]. - The company maintained a robust risk management framework, with risk indicators exceeding regulatory standards and industry averages[47]. - The company recognizes the need for a robust risk management framework to address various risks, including credit, market, liquidity, and operational risks across its financial services[81]. - The company has established a comprehensive liquidity risk management system, although it still faces potential liquidity risks due to operational errors or unforeseen events[83]. Strategic Focus - The company continues to focus on compliance and stable development, aligning with industry trends towards green finance and risk management[27]. - The company aims to become a leading digital intelligence service provider in the energy sector, enhancing its capabilities in digital industrialization and industrial digitalization[41]. - The company focuses on strategic emerging industries such as new energy, new materials, and high-end intelligent manufacturing, driving innovation through equity investments[40]. - The company is committed to developing green financial products, including green loans, bonds, leasing, and insurance, to support the transition to a low-carbon economy[78]. Governance and Management - The company has a governance structure that includes a board of directors, supervisory board, and management team, ensuring independent operational capabilities[96]. - The company reported a significant management change with the appointment of Xie Haibing as the new Chairman on February 25, 2021, following the resignation of Liu Yuezhen[102]. - The management team is composed of individuals with advanced degrees and extensive industry experience, enhancing the company's strategic decision-making capabilities[105]. - The company has committed to enhancing its governance structure and internal control systems to ensure sustainable operations[91]. Employee and Talent Development - The company emphasizes the importance of talent development, aiming to create a high-quality workforce through market-oriented reforms and the recruitment of top talent[78]. - The total number of employees at the end of the reporting period was 4,292, including 52 at the parent company and 4,240 at major subsidiaries[128]. - The company’s workforce includes 47 PhD holders and 938 master's degree holders, reflecting a strong educational background among employees[130]. Compliance and Regulatory Matters - The company has not faced any penalties from securities regulatory authorities in the past three years[113]. - The company reported zero significant deficiencies in financial and non-financial reporting for the year 2021[141]. - The internal control audit report received a standard unqualified opinion, indicating effective financial reporting controls[142]. Related Party Transactions - The company engaged in related party transactions amounting to ¥362,538.45 thousand, ¥69,941.62 thousand, ¥57,688.97 thousand, ¥747.08 thousand, and ¥6,190.64 thousand, with all transactions priced at market rates[158]. - The approved transaction limits for related party transactions were not exceeded, ensuring compliance with regulatory requirements[158]. Market Presence and Expansion - The company is expanding its market presence in Southeast Asia, targeting a 20% market share by 2025[108]. - The company completed a strategic acquisition, enhancing its capabilities in the tech sector, valued at $500 million[109]. Financial Liabilities and Guarantees - The total approved guarantee amount at the end of the reporting period is 664,623.04 million, which accounts for over 50% of the company's net assets[177]. - The actual guarantee amount for the subsidiary's guarantee situation is 20,000 million, with a guarantee period of up to 141 months[174]. Shareholder Engagement - The company conducted 1 annual and 2 temporary shareholder meetings during the reporting period, discussing 10 proposals to ensure shareholder engagement and rights[87]. - The board of directors held 8 meetings and reviewed 21 proposals, ensuring compliance with legal and regulatory requirements[88].