Core Insights - The company has adopted a "technology service operator" strategic positioning to enhance its competitiveness in the oil and gas sector, focusing on technology investment and resource acquisition [1][2][4] - The company reported a decline in new orders for the third quarter, totaling RMB 1.273 billion, a 14.4% decrease year-on-year, with specific markets showing varied performance [1][2] - The company is actively expanding its global operations, with the opening of a global operations center in Dubai to enhance resource integration and collaboration [3][4] Order Performance - New orders in Iraq increased by 8.4% year-on-year to approximately RMB 542 million, while other overseas markets saw a significant decline of 54.4% [1][2] - In the Chinese market, new orders decreased by 10.2% year-on-year, despite ongoing efforts to secure high-quality large projects [2][4] Global Strategy and Market Expansion - The company is committed to a global strategy, focusing on early indicators and market opportunities, particularly in Iraq and other regions such as Africa and Southeast Asia [4][5] - The company aims to enhance its brand influence and establish industry benchmarks through comprehensive market research and lean operations [4][5] Technological Development - The company is focused on developing competitive technological solutions and enhancing its capabilities in digital oilfield solutions, emphasizing innovation and intellectual property protection [5] - There is a commitment to deepening autonomous technology innovation and collaboration with clients to improve technology transfer capabilities [5] Management and Operational Efficiency - The company is enhancing its internal management systems, including optimizing human resources and financial management to support sustainable growth [3][5] - Efforts are being made to build a diversified financing platform and improve supply chain management to enhance overall operational efficiency [3][5]
安东油田服务第三季度新增订单12.73亿元