Market Overview - The Hong Kong stock market experienced a decline, with the Hang Seng Index falling by 1.72% to 26,567.12 points, the Hang Seng Tech Index down by 0.90% to 5,360.42 points, and the National Enterprises Index decreasing by 1.55% to 9,032.71 points [1] - The Hang Seng Index opened lower at 26,640.16 points, dropped by 392.38 points, and ultimately closed down by 465.42 points, with a total trading volume exceeding 257.5 billion HKD [1] - The southbound trading (Hong Kong Stock Connect) saw a net inflow of over 20.2 billion HKD [1] Sector Performance - Overall, sectors such as chips and department stores saw gains, while new consumption, new energy vehicles, and telecommunications had mixed results. Conversely, sectors like gold, non-ferrous metals, biomedicine, port transportation, technology, oil and gas, brokerage, and banking mostly experienced declines [1] Individual Stock Movements - Notable stock movements included Xiaomi Group increasing by 0.88%, AIA Group decreasing by 4.18%, Zijin Mining falling by 7.64%, Hong Kong Exchanges and Clearing down by 2.13%, and Semiconductor Manufacturing International Corporation rising by 0.79% [1] - Ctrip Group-S dropped by 2.10%, Pop Mart fell by 1.90%, while Tian Shu Zhi Xin surged by 14.59% and Zhi Pu increased by 20.65% [1] - China Construction Bank decreased by 1.49%, China Resources Land fell by 2.52%, and Lao Pu Gold dropped by 3.97%, while Guotai Junan International rose by 4.61% and China Petroleum & Chemical Corporation fell by 4.33% [1] Top Traded Stocks - The top three traded stocks included Tencent Holdings, which fell by 0.65% with a trading volume exceeding 14.2 billion HKD; Alibaba, down by 2.02% with over 10.8 billion HKD in transactions; and Meituan, which decreased by 3.18% with a trading volume of over 8.1 billion HKD [2]

Investment Rating - The industry investment rating is "Positive" [1] Core Views - The report highlights the fluctuations in oil prices due to geopolitical tensions, particularly the ongoing negotiations between the US and Iran, which have created mixed signals in the market. The report notes that oil prices have experienced a decline, with Brent and WTI prices recorded at $67.75 and $62.89 per barrel, respectively, as of February 13, 2026 [2][9] - The report indicates an increase in US crude oil production, reaching 13.713 million barrels per day, which is an increase of 498,000 barrels per day from the previous week. However, the number of active drilling rigs in the US has decreased by 3 to 409 rigs [33][42] - The report also mentions that US crude oil inventories have risen by 8.44 million barrels, marking a 1.02% increase, with commercial crude oil stocks increasing by 8.53 million barrels, a 2.03% rise [46] Summary by Sections Oil Price Review - As of February 13, 2026, Brent crude futures settled at $67.75 per barrel, down $0.30 (-0.44%) from the previous week, while WTI crude futures settled at $62.89 per barrel, down $0.66 (-1.04%) [2][23] Offshore Drilling Services - The number of global offshore self-elevating drilling platforms is 368, a decrease of 2 from the previous week, while the number of floating drilling platforms is 131, also down by 1 [26] Crude Oil Supply - US crude oil production is reported at 13.713 million barrels per day, an increase of 498,000 barrels per day from the previous week. The number of active drilling rigs is 409, down by 3 [33] Crude Oil Demand - US refinery crude oil processing volume is 16 million barrels per day, a decrease of 29,000 barrels per day from the previous week, with a refinery utilization rate of 89.40%, down 1.1 percentage points [45] Crude Oil Inventory - Total US crude oil inventory stands at 844 million barrels, with a 1.02% increase of 8.529 million barrels from the previous week. Commercial crude oil inventory increased by 8.53 million barrels, a 2.03% rise [46] Related Companies - The report mentions several related companies, including China National Offshore Oil Corporation (CNOOC), China Petroleum & Chemical Corporation (Sinopec), and China National Petroleum Corporation (PetroChina) [3]

中国石油化工股份(00386)公布，董事会于2026 年2月13日收到李永林先生的辞职报告，李永林先生因工 作调整辞去中国石化（600028）执行董事、董事会战略委员会委员及高级副总裁职务。 ...

Group 1 - The core point of the article highlights the recent performance of China Petroleum (601857), which closed at 10.54 yuan on February 13, 2026, down 4.53% with a trading volume of 2.6046 million hands and a transaction amount of 2.752 billion yuan [1] - On February 13, the net inflow of main funds was 65.6504 million yuan, accounting for 2.39% of the total transaction amount, while retail investors saw a net outflow of 85.6808 million yuan, representing 3.11% of the total transaction amount [1] - The financing data indicates that on the same day, the financing buy was 459 million yuan, with a net buy ranking second in the market, while the margin balance stood at 1.0104 million yuan [2] Group 2 - For the first three quarters of 2025, China Petroleum reported a main revenue of 2.169256 trillion yuan, a year-on-year decrease of 3.92%, and a net profit attributable to shareholders of 126.279 billion yuan, down 4.9% year-on-year [3] - In Q3 2025, the company achieved a single-quarter main revenue of 719.157 billion yuan, an increase of 2.34% year-on-year, while the net profit attributable to shareholders was 42.286 billion yuan, down 3.86% year-on-year [3] - The company has a debt ratio of 38.38%, with investment income of 12.732 billion yuan and financial expenses of 8.929 billion yuan, resulting in a gross profit margin of 21.09% [3] Group 3 - Over the past 90 days, five institutions have provided ratings for China Petroleum, with four buy ratings and one hold rating, and the average target price set by institutions is 11.25 yuan [3]

Core Viewpoint - The announcement details the resignation of Li Yonglin, an executive director and senior vice president of Sinopec, effective February 13, 2026, due to work adjustments, with no pending commitments to the company [1]. Group 1: Resignation Details - Li Yonglin's resignation includes his roles as executive director, member of the board's strategic committee, and senior vice president [1]. - His term was originally set to end in June 2027, but he has chosen to resign earlier [1]. - After his departure, Li Yonglin will not hold any positions within Sinopec or its subsidiaries [1]. Group 2: Board Composition and Transition - The resignation will not reduce the number of board members below the legal requirement [1]. - Li Yonglin will ensure a proper handover according to the company's management policies [1]. - He confirmed that there are no disagreements with the board regarding his resignation and no matters requiring shareholder attention [1]. Group 3: Acknowledgment of Contributions - The board expresses gratitude for Li Yonglin's diligent work and contributions during his tenure [1].

Core Insights - Nanchong city is actively promoting industrial projects and talent acquisition to boost economic growth during the first quarter of the year [2][3] Group 1: Project Development - Significant projects in Nanchong include the 12-inch silicon-based OLED production line, which reached the main plant's completion in just 9 months, and the MicroOLED chip base, which completed fund establishment in 25 days [2] - The Nanchong coal-fired power project has received all necessary approvals and is set to commence construction this month [2] - The city aims for a project fulfillment rate of over 90% for newly signed projects this year, with an opening rate exceeding 70% [2] Group 2: Production and Sales - Sichuan Jiutian Vacuum Technology Co., Ltd. anticipates a sales revenue exceeding 300 million yuan in the first quarter, driven by the domestic first intelligent manufacturing production line for vacuum valves [2] - Nanchong Yihui Electronics Technology Co., Ltd. secured a 200 million yuan order in January, with production schedules extending to April [2] - The electronic information industry in Nanchong is experiencing robust growth, with a recent sales event resulting in over 230 million yuan in signed agreements [2] Group 3: Talent Acquisition - Nanchong is implementing a "bring-in" talent program to attract high-level professionals, with 110 positions being released in the new round of recruitment [3] - The program aims to address the challenges of talent acquisition and development faced by local enterprises [3] - The initiative has successfully integrated professionals into companies, enhancing their operational capabilities and project execution [3]

证券之星消息，根据天眼查APP数据显示中国石油（601857）新获得一项发明专利授权，专利名为"氢 燃料发动机油复合添加剂组合物及氢燃料发动机油组合物"，专利申请号为CN202311463568.2，授权日 为2026年2月13日。 专利摘要：本发明公开了氢燃料发动机油复合添加剂组合物，包括：3.0～5.0％高碱值磺酸镁、 12.0‑20.0％低碱值磺酸钙、3.0～4.0％高碱值硫化烷基酚钙、2.0～5.0％胺型抗氧剂、2.0～5.0％酚型抗 氧剂、2.0～5.0％α‑萘胺、1.5～3.0％二丁基二硫代氨基甲酸酯、1.5～3.0％抗磨剂、0.2～0.5％脂肪酰 胺、余量为无灰分散剂。本发明还公开了氢燃料发动机油组合物，包括：复合添加剂组合物 14.4‑15.5％，7.0‑9.0％粘指剂，0.2‑0.5％降凝剂，余量为基础油。本发明的复合添加剂，提高了氢燃料 发动机油在高温、高压条件下的破乳化性能，进一步提升了油品的分水性和其他综合使用性能。 今年以来中国石油新获得专利授权311个，较去年同期增加了73.74%。结合公司2025年中报财务数据， 2025上半年公司在研发方面投入了98.99亿元，同比增2.51% ...

智通财经APP讯，中国石油化工股份(00386)公布，董事会于2026 年2月13日收到李永林先生的辞职报 告，李永林先生因工作调整辞去中国石化执行董事、董事会战略委员会委员及高级副总裁职务。 ...

Market Overview - The Shanghai Composite Index fell by 1.26% on February 13, with only 2 sectors rising, namely Comprehensive and Defense Industry, which increased by 2.06% and 0.65% respectively [1] - The sectors with the largest declines were Non-ferrous Metals and Building Materials, down by 3.36% and 3.10% respectively [1] Oil and Petrochemical Industry - The Oil and Petrochemical sector dropped by 3.09%, with a net outflow of 885 million yuan in main funds [1] - Out of 47 stocks in this sector, 7 stocks rose while 38 stocks fell [1] - The stocks with the highest net inflow were Tongkun Co., Ltd. with 56.42 million yuan, followed by China Petroleum and Hengyi Petrochemical with net inflows of 35.29 million yuan and 10.21 million yuan respectively [1] - The stocks with the largest net outflows included Sinopec Oilfield Service, China National Offshore Oil Corporation, and Intercontinental Oil and Gas, with net outflows of 129 million yuan, 111 million yuan, and 109 million yuan respectively [1] Fund Flow in Oil and Petrochemical Sector - The top stocks by fund flow in the Oil and Petrochemical sector included: - Sinopec Oilfield Service: -3.30% change, -128.75 million yuan net outflow [1] - China National Offshore Oil Corporation: -3.24% change, -111.14 million yuan net outflow [1] - Intercontinental Oil and Gas: -3.14% change, -109.09 million yuan net outflow [1] - Other notable stocks with significant net outflows include: - Haiyou Engineering: -5.25% change, -89.95 million yuan net outflow [1] - Rongsheng Petrochemical: -3.57% change, -82.54 million yuan net outflow [1] - Stocks with positive performance included: - Daqing Huake: +1.87% change, -4.03 million yuan net outflow [2]

证券之星消息，2月13日炼化及贸易板块较上一交易日下跌3.94%，中国石油领跌。当日上证指数报收 于4082.07，下跌1.26%。深证成指报收于14100.19，下跌1.28%。炼化及贸易板块个股涨跌见下表： 从资金流向上来看，当日炼化及贸易板块主力资金净流出2.17亿元，游资资金净流入1.32亿元，散户资 金净流入8486.07万元。炼化及贸易板块个股资金流向见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 ...