Sou Hu Cai Jing·2025-08-31 02:15Core Viewpoint - China Petroleum's stock price increased to 8.72 yuan as of August 29, 2025, reflecting a 0.35% rise from the previous week, with a total market capitalization of 1,595.943 billion yuan [1] Shareholder Changes - As of June 30, 2025, the number of shareholders decreased to 477,200, a reduction of 46,600 or 8.9% from March 31, 2025, while the average shareholding increased from 309,100 shares to 339,300 shares, with an average market value of 2.901 million yuan [2][6] Performance Disclosure Highlights - The mid-year report for 2025 indicates a main revenue of 1,450.099 billion yuan, a year-on-year decline of 6.74%, and a net profit attributable to shareholders of 83.993 billion yuan, down 5.42% year-on-year. The second quarter alone saw a net profit of 37.186 billion yuan, a decrease of 13.59% year-on-year [3][6] Company Announcements Summary - The 14th meeting of the 9th Board of Directors on August 26, 2025, approved the mid-year financial report and a profit distribution plan, proposing a cash dividend of 0.22 yuan per share (tax included), totaling approximately 40.265 billion yuan. The plan was approved without requiring a shareholder meeting [4][6] - The board also approved a proposal for a joint venture with Taihu Investment and the acquisition of 100% equity in three gas storage companies for a total transaction amount of 40.016 billion yuan, which constitutes a related party transaction but does not qualify as a major asset restructuring [4]