Zheng Quan Zhi Xing·2025-08-18 16:21Group 1 - The board meeting of Sinopec Oilfield Service Corporation was held on August 18, 2025, with 6 out of 7 directors present, and all resolutions were passed [1] - The board approved the 2025 semi-annual financial report with unanimous support [2] - The board also approved the 2025 semi-annual report and its summary, which will be disclosed on August 19, 2025 [2] - The board decided not to distribute a mid-term cash dividend for 2025 [2] - The board approved risk assessment reports related to Sinopec Financial Co., Ltd. and Sinopec Shengjun International Investment Co., Ltd., with 5 votes in favor [3] - The board agreed to extend the contract for the I-L-Y oilfield geological engineering integration project in Ecuador from January 2030 to January 2039, with an additional investment of $59.7 million [4] - The board approved the performance assessment and incentive plan for the management team for 2024 [4] - The board approved the use of capital reserves to cover losses, with the announcement to be disclosed on August 19, 2025 [4] - The board agreed to convene the first extraordinary general meeting of 2025, with all resolutions passed unanimously [5]