Core Viewpoint - The company is committed to strengthening its oil service operations while actively developing clean energy and CCUS (Carbon Capture, Utilization, and Storage) business, focusing on CO2 applications in oil fields [1] Group 1: Company Strategy - The company emphasizes the importance of solidifying its oil service segment as part of its strategic direction [1] - The development of clean energy and CCUS is a significant focus area for the company [1] Group 2: CCUS Business - The CCUS business currently revolves around the application of carbon dioxide in oil fields, including techniques such as CO2 enhanced oil recovery, fracturing, and injection services [1] - The company has not yet ventured into carbon capture technology within its CCUS initiatives [1]

Core Viewpoint - The oil service engineering sector experienced a significant increase of 2.94% on January 13, with Tongyuan Petroleum leading the gains, while the overall Shanghai Composite Index fell by 0.64% [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4138.76, down 0.64% [1] - The Shenzhen Component Index closed at 14169.4, down 1.37% [1] - Key stocks in the oil service engineering sector showed notable increases, with Tongyuan Petroleum rising by 11.66% to a closing price of 7.18 [1] Group 2: Stock Performance - Tongyuan Petroleum (300164) led the sector with a closing price of 7.18 and a trading volume of 2.3767 million shares, resulting in a transaction value of 1.67 billion [1] - Zhun Oil Co. (002207) increased by 10.00% to 9.02, with a transaction value of 738 million [1] - Other notable performers included Keli Co. (920088) up 6.35% to 37.37, and Sinopec Oilfield Service (600871) up 4.37% to 2.39 [1] Group 3: Capital Flow - The oil service engineering sector saw a net inflow of 287 million from main funds, while retail investors experienced a net outflow of 185 million [1] - Main funds showed significant net inflows in Zhun Oil Co. (002207) at 114 million, while retail investors had a net outflow of 5317.78 million [2] - The overall capital flow indicates a mixed sentiment, with main funds favoring certain stocks while retail investors withdrew [2]

Core Viewpoint - The company is committed to strengthening its oil service operations while actively developing clean energy and CCUS (Carbon Capture, Utilization, and Storage) business, focusing on CO2 applications in oil fields [1] Group 1: Company Strategy - The company emphasizes the importance of solidifying its oil service segment as part of its strategic direction [1] - The CCUS business currently focuses on CO2 applications in oil fields, including CO2 enhanced oil recovery, fracturing, and injection services [1] - The company has not yet ventured into CO2 capture technology [1]

Group 1: Market Performance - The oil and gas service sector showed strong performance, with two stocks hitting the daily limit up, including Tongyuan Petroleum rising over 13% and Keli Co. rising over 12% [1][2] - Other notable stocks included Shandong Molong and Zhun Oil, both hitting the limit up, while ShenKong Co. rose over 8% and Zhongman Petroleum over 6% [1][2] Group 2: Geopolitical Influences - Recent geopolitical changes, particularly the U.S. military actions in Venezuela and plans to restore the country's oil infrastructure, have catalyzed market sentiment, with expectations that the U.S. will lift sanctions on Venezuela, which holds the world's largest oil reserves of approximately 302.8 billion barrels [1][3] - The severe damage to Venezuela's oil facilities necessitates large-scale orders for repairs, directly benefiting oil service equipment companies [1][3] Group 3: Oil Price Outlook - Geopolitical risks are expected to support oil prices in the short term, with predictions of prices remaining in the range of $60 to $70 per barrel, despite a current oversupply in the global oil market [3] - A short-term supply gap of around 1 million barrels per day from Venezuela is anticipated to push oil prices upward [3] Group 4: Policy Support - Domestic policies, particularly the revised "Petroleum and Natural Gas Infrastructure Planning, Construction, and Operation Management Measures," effective from January 1, 2026, provide a clear development path for the oil and gas service industry [3][4] - The policy encourages social capital participation in projects like gas storage and LNG receiving stations, enhancing the operational framework for national pipeline networks [3][4] Group 5: Industry Opportunities - The demand for oil and gas exploration, pipeline laying, and equipment maintenance is expected to rise due to policy-driven infrastructure improvements [4] - The oil and gas exploration service sector is likely to benefit from increased investment in exploration, with companies possessing advanced seismic and drilling technologies expected to see sustained growth in orders and revenue [5][6] - The deep-sea oil and gas development is driving demand for high-end equipment, with manufacturers possessing core technologies poised for a surge in orders and market share [6]

Group 1 - The core viewpoint is that if domestic oil and gas companies increase their exploration and development efforts, the oil service industry is expected to see a rise in workload [2] - The company maintains stable long-term partnerships with clients such as Chevron and Occidental Petroleum in North America [2] - The specific impact on the company will depend on the performance outlined in the company's announcements [2]

Group 1 - The core point of the article is that Tongyuan Petroleum announced a change in its auditing firm for the year 2025, with the signing accountants being replaced due to the departure of the previous accountant [2] - The former signing accountant, Yuan Jia, has left the company, and the new signing accountants are Zhou Pei and Meng Xiangzhan, with Zhou Pei serving as the project partner [2]

Group 1 - The core viewpoint of the article highlights that Tongyuan Petroleum considers Chevron as a significant client for its North American subsidiary, indicating a strong business relationship [2] - In the first half of 2025, the revenue from the North American business is projected to account for 78% of the company's total revenue, showcasing the importance of this market segment [2]

Group 1 - The core point of the article is that Tongyuan Petroleum announced a change in its continuous supervision sponsor representative, with Hu Yulin leaving due to work changes and Gao Jianfeng taking over the role [2] - Gao Jianfeng will work alongside Xu Guang to oversee the follow-up of the simplified capital increase that occurred in 2022 until the completion of the 2025 annual report disclosure [2] - This change in personnel is part of the company's ongoing compliance and governance efforts [2]

Core Viewpoint - Tongyuan Petroleum (300164) has shown a significant increase in stock price, closing at 6.57 yuan on January 9, 2026, with an 8.96% rise, indicating positive market sentiment towards the company [1]. Group 1: Financial Performance - For the first three quarters of 2025, Tongyuan Petroleum reported a main revenue of 860 million yuan, a year-on-year decrease of 0.82% [2]. - The net profit attributable to shareholders was 56.22 million yuan, reflecting a year-on-year increase of 16.84% [2]. - The net profit excluding non-recurring items was 30.54 million yuan, showing a year-on-year decline of 28.94% [2]. - In Q3 2025, the company achieved a single-quarter main revenue of 308 million yuan, down 2.31% year-on-year [2]. - The single-quarter net profit attributable to shareholders was 17.59 million yuan, up 31.16% year-on-year [2]. - The single-quarter net profit excluding non-recurring items was 16.97 million yuan, increasing by 31.74% year-on-year [2]. - The company's debt ratio stands at 27.74%, with investment income of 1.53 million yuan and financial expenses of 2.84 million yuan [2]. - The gross profit margin is reported at 25.04% [2]. Group 2: Market Activity - On January 9, 2026, the net inflow of main funds was 51.98 million yuan, accounting for 4.23% of the total transaction amount [1]. - Retail investors experienced a net outflow of 42.11 million yuan, representing 3.43% of the total transaction amount [1]. - The trading volume was 1.9098 million hands, with a total transaction amount of 1.227 billion yuan [1].

Core Viewpoint - The oil service engineering sector experienced a significant increase of 2.67% on January 9, with Tongyuan Petroleum leading the gains [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4120.43, up 0.92%, while the Shenzhen Component Index closed at 14120.15, up 1.15% [1] - Key stocks in the oil service engineering sector showed notable price increases, with Tongyuan Petroleum rising by 8.96% to a closing price of 6.57 [1] Group 2: Stock Performance - The following stocks had significant price changes: - Tongyuan Petroleum: 8.96% increase, closing at 6.57, with a trading volume of 1.90 million shares and a turnover of 1.227 billion [1] - Keli Co., Ltd.: 7.07% increase, closing at 34.70, with a trading volume of 78,100 shares and a turnover of 267 million [1] - Zhongman Petroleum: 6.03% increase, closing at 24.44, with a trading volume of 223,800 shares and a turnover of 542 million [1] - PetroChina Oilfield Services: 5.91% increase, closing at 2.33, with a trading volume of 3.7243 million shares and a turnover of 859 million [1] Group 3: Capital Flow - The oil service engineering sector saw a net inflow of 161 million from main funds, while retail investors experienced a net outflow of 76.11 million [1] - Specific stock capital flows included: - PetroChina Oilfield Services: net outflow of 66.12 million from main funds and 49.35 million from retail investors [2] - Tongyuan Petroleum: net inflow of 51.98 million from main funds and a net outflow of 42.11 million from retail investors [2] - Keli Co., Ltd.: net inflow of 30.21 million from main funds and a net outflow of 0.72 million from retail investors [2]