Sou Hu Cai Jing·2025-12-17 19:24Group 1 - Southbound funds reduced their holdings in China National Offshore Oil Corporation (CNOOC) by 13.79 million shares on December 17 [1] - Over the past 5 trading days, there have been 5 days of net reductions by southbound funds, totaling 66.86 million shares [1] - In the last 20 trading days, there were 10 days of net reductions, amounting to 54.51 million shares [1] - Currently, southbound funds hold 10.225 billion shares of CNOOC, representing 21.5% of the company's total issued ordinary shares [1] Group 2 - CNOOC is primarily engaged in the exploration, development, production, and sale of crude oil and natural gas [2] - The company operates through three main departments: Exploration and Production (E&P), Trading, and Business Services [2] - The E&P department focuses on conventional oil and gas, shale oil and gas, oil sands, and other unconventional oil and gas operations [2] - The Trading department is involved in the import and export of crude oil and natural gas [2] - The Business Services department handles technology research and development, asset management, product sales, and other services [2] - CNOOC conducts its operations in both domestic and international markets across Asia, Africa, North America, South America, Oceania, and Europe [2]