Financial Performance - The company reported revenue of RMB 5,850 million for the first half of 2025, a decrease of 2.6% compared to RMB 6,007 million in the same period of 2024[7]. - Gross profit for the first half of 2025 was RMB 848 million, down 15.4% from RMB 1,003 million in the first half of 2024[7]. - Net profit attributable to the company's owners was RMB 641 million, a decrease of 6.6% from RMB 687 million in the previous year[7]. - The group's revenue for the reporting period was RMB 5,850.2 million, a decrease of RMB 156.4 million or 2.6% compared to RMB 6,006.6 million in the same period of 2024[25]. - The gross profit for the group was RMB 847.9 million, a decrease of RMB 155.2 million or 15.5% compared to RMB 1,003.1 million in 2024[27]. - The group's net profit for the period was RMB 723.8 million, a decrease of RMB 19.6 million or 2.6% compared to RMB 743.4 million in the same period of 2024[39]. Production and Sales - The production volume of fertilizers for the first half of 2025 was 967,647 tons, a slight decrease of 0.6% from 973,476 tons in the same period of 2024[8]. - The sales volume of chemical products increased by 8.6% to 726,174 tons in the first half of 2025, compared to 668,460 tons in the previous year[9]. - In the first half of the year, the company produced 968,000 tons of urea, 781,000 tons of methanol, 450,000 tons of phosphate and compound fertilizers, and 132,000 tons of acrylonitrile series products[21]. - The company sold 996,000 tons of urea, 726,000 tons of methanol, 386,000 tons of phosphate and compound fertilizers, and 127,000 tons of acrylonitrile series products in the first half of the year[21]. Market Prices - The average market price of urea in the first half of the year was RMB 1,804 per ton, a year-on-year decrease of RMB 434 per ton, representing a decline of 19%[15]. - The average market price of monoammonium phosphate was RMB 3,268 per ton, up 6.48% year-on-year[16]. - The average market price of diammonium phosphate was RMB 3,954 per ton, up 1.59% year-on-year[16]. - The average price of acrylonitrile in the first half of the year was RMB 9,350.41 per ton, down 5.4% from RMB 9,888.10 per ton in the same period last year[19]. Assets and Liabilities - The company's total assets increased to RMB 24,571 million as of June 30, 2025, compared to RMB 24,076 million at the end of 2024[7]. - As of June 30, 2025, the group had total interest-bearing liabilities of RMB 2,335.2 million, with a capital debt ratio of 10.7%[43]. - Total liabilities increased to RMB 4,999,064 thousand as of June 30, 2025, compared to RMB 4,569,034 thousand as of December 31, 2024, representing an increase of 9.4%[81]. - Current liabilities rose to RMB 3,204,407 thousand as of June 30, 2025, up from RMB 2,512,948 thousand as of December 31, 2024, indicating a growth of 27.5%[81]. Cash Flow and Investments - The group reported a cash flow from operating activities of RMB 533,057,000 for the six months ended June 30, 2025, compared to RMB 679,928,000 for the same period in 2024, reflecting a decrease of 21.6%[127]. - The company’s investment activities resulted in a net cash outflow of RMB 249,564 thousand for the six months ended June 30, 2025, compared to a net inflow of RMB 126,333 thousand for the same period in 2024[86]. - The group reported capital expenditures totaling RMB 78.76 million, with significant investments including RMB 27.83 million for the second phase of the Pisha gypsum dry stacking project and RMB 19.48 million for the underground mining project with an annual capacity of 1.6 million tons[41]. Corporate Governance and Compliance - The company has adopted accounting principles and standards reviewed by the audit committee, with no disagreements noted regarding the accounting treatment for the interim results for the six months ending June 30, 2025[59]. - The company has complied with all provisions of the Corporate Governance Code during the six months ending June 30, 2025, except as noted[60]. Future Outlook and Strategy - The company plans to continue expanding its market presence and sales channels while enhancing operational efficiency amid a challenging market environment[11]. - Key focus areas for the company in the second half of 2025 include enhancing equipment management systems, improving marketing effectiveness, and advancing research on low-carbon natural gas utilization projects[57]. - The industry outlook for the second half of 2025 indicates a continued oversupply in the urea market, with price pressures expected in the fourth quarter due to new capacity releases and declining demand[56].

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中海石油化學股份有限公司（ 於中華人民共和國註冊成立的股份有限公司） 呈交日期: 2025年9月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03983 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 1,796,000,122 | RMB | | 1 RMB | | 1,796,000,122 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 1,796,000,122 | RMB | | 1 RMB | | 1,796,000,122 | | ...

Group 1 - MGD Holdings reduced its stake in CNOOC Chemical (03983.HK) by selling 8.978 million shares at an average price of HKD 2.3917 per share, amounting to approximately HKD 21.47 million [1] - After the sale, MGD Holdings' total shareholding decreased to 265 million shares, representing a reduction in ownership from 15.25% to 14.76% [1][3] - The transaction occurred on August 28, 2025, as per the latest disclosure from the Hong Kong Stock Exchange [1][2]

Group 1 - MGD Holdings reduced its stake in CNOOC Limited (03983) by selling 8.978 million shares at a price of HKD 2.3917 per share, totaling approximately HKD 21.4727 million [1] - After the reduction, MGD Holdings holds 265 million shares, representing a new ownership percentage of 14.76% [1]

Core Viewpoint - China National Chemical Corporation (中海石油化学) reported a decline in both sales revenue and net profit for the six months ending June 30, 2025, primarily due to fluctuations in the urea market [1] Financial Performance - Sales revenue for the period was 5.85 billion RMB, representing a year-on-year decrease of 2.6% [1] - Shareholder profit attributable to the company was 641 million RMB, down 6.74% compared to the previous year [1] - Basic earnings per share were reported at 0.14 RMB [1] Market Conditions - The decrease in revenue was mainly attributed to significant reductions in urea sales prices compared to the previous year [1]

Group 1 - The core viewpoint of the article highlights that CNOOC Chemical (03983) experienced a decline in stock price, dropping nearly 3% and currently trading at HKD 2.47 with a transaction volume of HKD 7.862 million [1] - The company reported interim results for the six months ending June 30, 2025, showing a sales revenue of RMB 5.85 billion, which represents a year-on-year decrease of 2.6% [1] - Shareholder profit attributable to the company was RMB 641 million, reflecting a year-on-year decline of 6.74%, with basic earnings per share at RMB 0.14 [1] Group 2 - The announcement indicated that the decrease in revenue was primarily due to fluctuations in the urea market, with significant reductions in urea sales prices compared to the previous year [2]

中海石油化学股份有限公司董事会 提名委员会议事规则 l 总则 2 提名委员会成员和组织架构 提名委员会成员可以在任期届满以前辞任，辞任应当向公司提交书面辞职报 告，公司收到辞职报告之日辞任生效；但如因辞任导致提名委员会成员低于本 议事规则规定的最低人数或《上市规则》规定的人员构成，在改选出的提名委 员会成员就任前，原成员仍应当依照适用的法律法规、公司股票上市地证券监 管规则和本议事规则的规定履行职责。 2.3 提名委员会设召集人（亦称主席，以下简称"主席"）一名，由董事长或独立 非执行董事担任。主席人选由公司董事长提名并经公司董事会审议批准产生。 提名委员会主席（或在其缺席的情况下，其正式委任的代表）应出席公司的年 度股东大会，并准备在会上回答股东关于提名委员会活动的任何问题。 3 提名委员会运作程序 3.1 提名委员会会议分为定期会议和临时会议。定期会议每年至少召开一次，经二 分之一以上成员或提名委员会主席提议可召开临时会议。 1 1.1 为保护中海石油化学股份有限公司（简称"公司"）股东的合法权益，规范公 司董事会提名委员会（简称"提名委员会"）的议事程序，建立有效的监督机 制和激励机制，完善公司治理结构 ...

Core Viewpoint - China National Offshore Oil Corporation (CNOOC) reported a decrease in sales revenue and net profit for the six months ending June 30, 2025, primarily due to fluctuations in the urea market and a significant drop in urea sales prices [1] Financial Performance - Sales revenue amounted to 5.85 billion RMB, representing a year-on-year decrease of 2.6% [1] - Shareholder profit attributable to the company was 641 million RMB, down 6.74% compared to the previous year [1] - Basic earnings per share were reported at 0.14 RMB [1] Market Conditions - The decline in revenue is attributed to significant volatility in the urea market, leading to a substantial reduction in urea sales prices year-on-year [1]

中海石油化学股份有限公司董事会 审核委员会议事规则 1、总则 2. 审核委员会成员和组织架构 审核委员会成员可以在任期届满以前辞任，辞任应当向公司提交书面辞职报告， 公司收到辞职报告之日辞任生效；但如因辞任导致审核委员会成员低于本议事 规则规定的最低人数或《上市规则》规定的人员构成，在改选出的审核委员会 成员就任前，原成员仍应当依照适用的法律法规、公司股票上市地证券监管规 则和本议事规则的规定履行职责。 审核委员会议事规则 1 1.1 为保护中海石油化学股份有限公司（简称"公司"）股东的合法权益，规范公司 董事会审核委员会（简称"审核委员会"）的议事程序,根据《中华人民共和国 公司法》（简称《公司法》）、《香港联合交易所有限公司证券上市规则》（简 称《上市规则》）及其他相关法律、法规、规范性文件及《中海石油化学股份有 限公司章程》（简称《公司章程》）的规定,结合公司的实际情况,制定本议事规 则。 1.2 审核委员会是董事会下设的专门委员会,对董事会负责。 1.3 审核委员会行使《公司法》规定的监事会的职责，并负责审查和监督公司财务报 告编制程序和内部控制程序，审查年度生产经营和财务预算方案并向董事会提出 建议 ...

Group 1 - The core viewpoint of the article is that China National Offshore Oil Corporation (CNOOC) reported a decrease in revenue and net profit for the six months ending June 30, 2025, primarily due to fluctuations in the urea market [1] Group 2 - The company's revenue for the reporting period was RMB 5,850.2 million, a decrease of RMB 156.4 million or 2.6% compared to RMB 6,006.6 million in the same period of 2024 [1] - The net profit for the company was RMB 723.8 million, down by RMB 19.6 million or 2.6% from RMB 743.4 million in the previous year [1] - The significant reason for the decline in revenue and profit was the substantial decrease in urea sales prices year-on-year [1]