Market Overview - The Shanghai Composite Index is at 3568.16 points, with a change of 0.23% [1] - The total trading volume of A-shares is 697.23 billion yuan [1] Technical Analysis - 49 A-shares have seen their 5-day moving average cross below the 10-day moving average [1] - Notable stocks with significant distance between their 5-day and 10-day moving averages include: - Sifang Precision (300468) at -1.60% - Langxin Group (300682) at -0.99% - Zhongyou Capital (000617) at -0.91% [1] Individual Stock Performance - Sifang Precision (300468): Today's change is -1.11%, with a latest price of 37.52 yuan, which is -8.04% from the 10-day moving average [1] - Langxin Group (300682): Today's change is -1.88%, with a latest price of 19.29 yuan, which is -6.20% from the 10-day moving average [1] - Zhongyou Capital (000617): Today's change is -2.05%, with a latest price of 8.59 yuan, which is -4.96% from the 10-day moving average [1] - Other stocks with notable performance include: - China Reinsurance (601319): +0.12%, latest price 8.17 yuan, -2.73% from the 10-day moving average [1] - Haosen Intelligent (688529): +0.76%, latest price 19.97 yuan, -0.99% from the 10-day moving average [1] - Huangtai Liquor (000995): -1.52%, latest price 14.29 yuan, -3.99% from the 10-day moving average [1]

Market Overview - On August 1, the Xinjiang state-owned enterprise reform sector rose by 2.15%, led by Tianfu Energy [1] - The Shanghai Composite Index closed at 3559.95, down 0.37%, while the Shenzhen Component Index closed at 10991.32, down 0.17% [1] Stock Performance - Tianfu Energy (600509) closed at 6.59 with a gain of 2.01%, trading volume of 344,200 shares and a turnover of 227 million yuan [1] - Other notable stocks included Tiankang Biological (002100) with a 0.63% increase, and ST Zhongji (000972) with a 0.31% increase [1] - The overall performance of the Xinjiang state-owned enterprise reform sector showed mixed results, with some stocks experiencing slight declines [1] Capital Flow - The Xinjiang state-owned enterprise reform sector saw a net outflow of 441 million yuan from institutional investors, while retail investors contributed a net inflow of 214 million yuan [2] - The sector's capital flow indicates a divergence in investor sentiment, with institutional investors pulling back while retail investors remained active [2] Individual Stock Capital Flow - Qing Song Jian Hua (600425) had a net inflow of 14.21 million yuan from institutional investors, while Tianfu Energy (600509) saw a net inflow of 9.14 million yuan [3] - Conversely, stocks like Yili Te (600197) and Tiankang Biological (002100) experienced net outflows from institutional investors, indicating varying levels of confidence among different stocks [3]

Market Overview - The oil service engineering sector experienced a decline of 2.09% on July 31, with Tongyuan Petroleum leading the drop [1] - The Shanghai Composite Index closed at 3573.21, down 1.18%, while the Shenzhen Component Index closed at 11009.77, down 1.73% [1] Individual Stock Performance - Notable declines in individual stocks include: - Beiken Energy (002828) down 3.98% to 10.13 [1] - PetroChina Engineering (600339) down 2.56% to 3.43 [1] - Sinopec Oilfield Service (600871) down 1.96% to 2.00 [1] - The trading volume and turnover for these stocks indicate significant market activity, with Beiken Energy having a turnover of 2.82 billion [1] Capital Flow Analysis - The oil service engineering sector saw a net outflow of 149 million from institutional investors, while retail investors contributed a net inflow of 93.17 million [2] - The capital flow for individual stocks shows: - Haiyou Engineering (600583) with a net inflow of 17.39 million from institutional investors [3] - Zhongyou Engineering (600339) with a net inflow of 15.79 million from institutional investors [3] - Beiken Energy (002828) faced a net outflow of 16.96 million from institutional investors [3]

Core Insights - The oil service engineering sector experienced a rise of 0.91% on July 30, with Qianeng Hengxin leading the gains [1] - The Shanghai Composite Index closed at 3615.72, up 0.17%, while the Shenzhen Component Index closed at 11203.03, down 0.77% [1] Stock Performance - Qianeng Hengxin (300191) closed at 21.00, up 11.82% with a trading volume of 350,000 shares and a transaction value of 712 million yuan [1] - Keli Co., Ltd. (920088) closed at 40.80, up 9.59% with a trading volume of 111,900 shares [1] - Tongyuan Petroleum (300164) closed at 5.79, up 7.22% with a trading volume of 2,382,700 shares and a transaction value of 1.367 billion yuan [1] - Other notable stocks include Zhunyou Co. (002207) up 6.22% and Beiken Energy (002828) up 2.53% [1] Capital Flow - The oil service engineering sector saw a net inflow of 104 million yuan from institutional investors, while retail investors experienced a net outflow of 155 million yuan [2] - The main capital inflow was led by Tongyuan Petroleum with a net inflow of 84.5 million yuan [3] - Qianeng Hengxin had a net inflow of 67.5 million yuan from institutional investors, but a net outflow of 60.4 million yuan from retail investors [3]

Group 1 - The A-share oil stocks continue to strengthen, with potential gains observed in several companies [1] - Potential Energy Holdings increased by over 16%, indicating strong market performance [1] - Keli Co., Ltd. saw an increase of over 10%, reflecting positive investor sentiment [1] Group 2 - Tongyuan Petroleum and Zhun Oil Co. also experienced upward movement, contributing to the overall trend in the oil sector [1]

Group 1 - A-share oil and gas stocks have strengthened, with Tongyuan Petroleum rising over 7% [1] - Junyou Co. has seen an increase of nearly 7% [1] - Other companies such as Keli Co., Intercontinental Oil & Gas, and Beiken Energy also experienced gains [1]

Performance Forecast - The company expects a net loss attributable to shareholders of between 17 million and 21 million yuan for the current reporting period, compared to a loss of 13.93 million yuan in the same period last year [3] - The net loss after deducting non-recurring gains and losses is also projected to be between 17 million and 21 million yuan, compared to a loss of 14.44 million yuan in the previous year [3] - Basic earnings per share are anticipated to be a loss of between 0.06 yuan and 0.08 yuan, compared to a loss of 0.05 yuan per share last year [3] Reasons for Performance Change - The overall workload has increased compared to the same period last year, with drilling business revenue recognized based on the point-in-time method remaining stable year-on-year [3] - The increase in net loss is primarily due to a significant decrease in work volume for the well repair business in the first quarter, with a slight increase in the second quarter [3] - High preliminary relocation costs for expanding the coiled tubing business into markets outside the region and increased expenses due to the transfer of engineering construction qualifications from the parent company to the subsidiary are also contributing factors [3]

Core Viewpoint - The company, Junyou Co., Ltd. (002207), anticipates a net profit loss attributable to shareholders ranging from 17 million to 21 million yuan for the period from January 1, 2025, to June 30, 2025, compared to a loss of 13.93 million yuan in the same period last year [1] Financial Performance Summary - The expected net profit loss for the company is between 17 million and 21 million yuan, with a year-on-year increase from a loss of 13.93 million yuan in the previous year [1] - The net profit loss, excluding non-recurring gains and losses, is also projected to be between 17 million and 21 million yuan, compared to a loss of 14.44 million yuan in the same period last year [1] - The basic earnings per share are expected to be a loss of 0.06 to 0.08 yuan per share, compared to a loss of 0.05 yuan per share in the same period last year [1] Operational Challenges Summary - The primary reason for the performance decline is attributed to a significant reduction in the workload of the well repair business in the first quarter, with a slight increase in the second quarter year-on-year [1] - The expansion of the coiled tubing business into external markets has incurred substantial upfront personnel and equipment relocation costs [1] - The transfer of engineering construction qualifications from the parent company to the subsidiary, Junyou Construction, has resulted in increased expenses [1]

[Current Period Performance Forecast](index=1&type=section&id=I.%20Current%20Period%20Performance%20Forecast) The company anticipates a loss for the first half of 2025, with net profit attributable to shareholders projected to be a loss of RMB 17 million to RMB 21 million, an increase in loss compared to RMB 13.9324 million in the same period last year 2025 Semi-Annual Performance Forecast | Item | Current Period | Prior Period | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of the Listed Company | Loss: RMB 17 million – RMB 21 million | Loss: RMB 13.9324 million | | Net Profit After Deducting Non-Recurring Gains and Losses | Loss: RMB 17 million – RMB 21 million | Loss: RMB 14.4415 million | | Basic Earnings Per Share | Loss: RMB 0.06/share – RMB 0.08/share | Loss: RMB 0.05/share | [Pre-Audit Status of Performance Forecast](index=1&type=section&id=II.%20Pre-Audit%20Status%20of%20Performance%20Forecast) The performance forecast data released has not been pre-audited by an accounting firm, and its accuracy awaits final audit confirmation - This performance forecast has not been pre-audited by an accounting firm[5](index=5&type=chunk) [Explanation of Performance Changes](index=1&type=section&id=III.%20Explanation%20of%20Performance%20Changes) Despite an overall increase in workload, operating revenue remained largely flat year-over-year due to adjustments in revenue recognition methods, with the expanded net loss primarily attributed to fluctuations in workover operations, increased upfront costs for market expansion outside Xinjiang, and additional expenses from the spin-off of engineering construction business to a subsidiary - Despite an overall increase in workload compared to the prior year, operating revenue remained largely flat year-over-year due to the point-in-time revenue recognition method adopted for drilling operations[6](index=6&type=chunk) - The primary reasons for the expanded net loss include: - A significant year-over-year decrease in workover business workload during the first quarter - Substantial upfront costs, such as personnel and equipment relocation, incurred for expanding coiled tubing business into markets outside Xinjiang - Increased expenses due to the spin-off of engineering construction business qualifications from the parent company to its subsidiary, Zhunyou Construction[6](index=6&type=chunk) [Other Relevant Information](index=1&type=section&id=IV.%20Other%20Relevant%20Information) The company emphasizes that this performance forecast is a preliminary estimate by the finance department, with final data subject to the officially disclosed 2025 semi-annual report, and advises investors to monitor announcements on designated information disclosure media and be aware of investment risks - This performance forecast represents preliminary estimates by the company's finance department, with specific financial data subject to the company's officially disclosed 2025 semi-annual report[7](index=7&type=chunk) - The company reminds investors that this announcement does not constitute investment advice and official information should be based on announcements published in Securities Times, China Securities Journal, and on Juchao Information Network[7](index=7&type=chunk)

Market Overview - The three major stock indices closed mixed, with the Shanghai Composite Index at 3424.23 points, down 0.7%, while the Shenzhen Component Index rose 0.34% to 10378.55 points, and the ChiNext Index increased by 0.47% to 2124.34 points [1][2]. Sector Performance - The banking sector led the decline, with notable drops in banks such as Hangzhou Bank, Qingdao Bank, and Chongqing Bank, each falling over 4% [5][8]. - The oil and gas sector continued to decline, with companies like Zhun Oil and Tongyuan Petroleum hitting the daily limit down, and others like Beiken Energy and Shouhua Gas also experiencing significant losses [9]. - In contrast, the copper connection sector saw gains, with stocks like Chuangyitong hitting the daily limit up, and other companies such as Honglin Electric and Xinya Electronics also performing well [7]. Capital Flow - There was a net inflow of capital into sectors such as electronics, communications, and non-ferrous metals, while the banking, public utilities, and oil and petrochemical sectors experienced net outflows [12]. - Specific stocks that saw significant net inflows included Tianfeng Securities, Hengbao Co., and Huatiankeji, with inflows of 1.639 billion, 839 million, and 663 million respectively [13]. - Conversely, stocks like Guiding Compass, Dongfang Caifu, and Agricultural Bank faced net outflows of 832 million, 743 million, and 727 million respectively [14]. Institutional Insights - Jianghai Securities noted that the market's upward trend remains intact, with potential for further gains after consolidation [16]. - Dexun Securities highlighted that the Shanghai Composite Index has shown strong characteristics, indicating a recovery in market sentiment, but faces technical resistance above 3400 points [17]. - Guojin Securities observed that recent trading volumes have remained around 1.5 trillion, with active sectors including securities, military, and AI hardware, suggesting a healthy risk appetite [18].