Zheng Quan Shi Bao Wang·2025-08-26 23:24Core Viewpoint - China National Petroleum Corporation (CNPC) reported a revenue of 1.45 trillion yuan for the first half of the year, a decrease of 6.7% year-on-year, with a net profit of 84.007 billion yuan, down 5.4% year-on-year, while maintaining a high dividend payout [1] Group 1: Financial Performance - The company achieved an operating income of 1.45 trillion yuan, a year-on-year decline of 6.7% [1] - The net profit attributable to shareholders was 84.007 billion yuan, representing a 5.4% decrease compared to the previous year [1] - The board decided to distribute an interim dividend of 0.22 yuan per share, totaling 40.26 billion yuan [1] Group 2: Production and Sales - The oil and gas equivalent production reached 924 million barrels, an increase of 2.0% year-on-year, with crude oil production at 476 million barrels, up 0.3% [2] - The market saw a record high in natural gas production at 2.68 trillion cubic feet, a growth of 3.8% year-on-year [2] - The company sold 1,515 billion cubic meters of natural gas, marking a 2.9% increase, with domestic sales reaching 1,197.7 billion cubic meters, up 4.2% [3] Group 3: Business Development and Strategy - CNPC is actively expanding its new energy business, with significant projects in solar and wind energy, achieving a 70.0% increase in wind and solar power generation [2] - The company is focusing on refining structure adjustments and upgrades, with key projects in Jilin and Guangxi achieving mid-term progress [2] - The company aims to enhance its market competitiveness through optimized resource allocation and integrated marketing strategies [3]