Core Viewpoint - Sinopec Oilfield Services Corporation has signed a fixed-price contract worth $359 million (approximately RMB 2.553 billion) with TotalEnergies for the NWP project in Iraq, which is expected to positively impact the company's revenue and profit over the next 3-4 years [1][1][1] Group 1 - The contract represents about 3.15% of the company's projected revenue for 2024 under Chinese accounting standards [1] - The project will be executed by Sinopec Petroleum Engineering Construction Company and has a duration of 41 months, involving the construction of 5 new production and injection well sites, upgrades to 11 existing well sites, and approximately 140 kilometers of gathering pipelines [1][1] - The contract is expected to be mechanically completed by March 31, 2029, with payments made according to milestone achievements and project progress [1][1][1] Group 2 - The execution of this contract is not expected to have a significant impact on the company's total assets, net assets, and net profit for the fiscal year 2025 [1] - The long duration of the contract may lead to a positive influence on the company's revenue and total profit in the coming years [1][1] - The company warns that unforeseen market or economic factors could potentially affect the normal execution of the contract, advising investors to remain cautious [1]

Core Points - Sinopec Oilfield Services (01033) announced the signing of a fixed-price contract worth $359 million (approximately RMB 2.553 billion) with TotalEnergies for the NWP project in Iraq, which represents about 3.15% of the company's projected revenue for 2024 under Chinese accounting standards [1][1][1] - The contract will be executed by Sinopec's wholly-owned subsidiary, Sinopec Petroleum Engineering Construction Company, and has a duration of 41 months, involving the construction of 5 new production and injection well sites, upgrades to 11 existing well sites, and approximately 140 kilometers of gathering pipelines [1][1][1] - The contract is expected to positively impact the company's revenue and profit over the next 3-4 years, although it will not significantly affect the total assets, net assets, and net profit for the fiscal year 2025 [1][1][1]

Core Viewpoint - Chinalco International (601068) has signed a mining operation and maintenance contract for the Simandou iron ore project in Guinea, which is expected to positively impact the company's revenue and profitability in the coming years [1] Group 1: Contract Details - The contract was signed on June 24, 2025, with Sinfer Limited, focusing on ore stripping services and the construction and maintenance of related transportation roads and infrastructure [1] - The total contract value is approximately $267 million, equivalent to about 1.913 billion RMB, which represents 7.97% of the company's audited revenue for the fiscal year 2024 [1] Group 2: Financial Impact - Successful implementation of the contract is anticipated to have a positive effect on the company's current and future financial performance, enhancing its sustainable profitability [1] - The company will monitor the project's progress and ensure timely information disclosure regarding developments [1]