Group 1 - The core viewpoint of the news is that China Petroleum & Chemical Corporation (Sinopec) has applied for a patent for a device that simulates the construction of oil reservoir structures, indicating innovation in reservoir simulation technology [1] - The patent application, titled "A Device for Simulating the Construction of Oil Reservoir Structures," was filed on February 2024, showcasing Sinopec's commitment to advancing technology in the oil and gas sector [1] - The device includes a configuration simulation box and mechanisms for vertical and horizontal movement, allowing for more complex and realistic modeling of oil reservoir structures [1] Group 2 - China Petroleum & Chemical Corporation was established in 2000 and is primarily engaged in oil and gas extraction, with a registered capital of approximately 12.17 billion RMB [2] - The company has made investments in 263 enterprises and participated in 5,000 bidding projects, reflecting its active role in the industry [2] - Sinopec holds 45 trademark registrations and 5,000 patent records, along with 40 administrative licenses, indicating a strong intellectual property portfolio [2]