Sou Hu Cai Jing·2025-08-05 11:06Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) is experiencing a slight increase in stock price, but is facing challenges with a projected decline in net profit due to falling international oil prices and increased competition in the chemical industry [1]. Company Overview - Sinopec's latest stock price is 5.71 yuan, up by 0.06 yuan, representing a 1.06% increase. The intraday high was 5.72 yuan and the low was 5.65 yuan, with a trading volume of 703 million yuan [1]. - Sinopec is the largest oil and petrochemical enterprise in China, engaged in oil and gas exploration, pipeline transportation, and sales, covering the entire industry chain with a comprehensive sales network and refining facilities [1]. Recent Developments - Sinopec has recently established a joint venture, Zhejiang Sinopec Yidian Technology Co., with a registered capital of 29 million yuan, focusing on smart robot research and development [1]. - The company has issued a profit forecast indicating that net profit for the first half of 2025 is expected to decline by 39.5% to 43.7% year-on-year, primarily due to the impact of falling international oil prices and intensified competition in the chemical sector [1]. Capital Flow - On August 5, the net inflow of main funds was 44.57 million yuan, while over the past five days, there was a net outflow of 36.03 million yuan [1].