Core Insights - The company has adopted a "technology service operator" strategic positioning to enhance competitiveness and drive future value growth through technology investment and a revenue-sharing model [1][2][4] Group 1: Financial Performance - In Q3, the company secured new orders worth RMB 1.273 billion, a decrease of 14.4% year-on-year [1] - New orders from the Iraq market amounted to approximately RMB 542 million, reflecting an increase of 8.4% compared to the same period last year [1] - New orders from other overseas markets dropped by 54.4% year-on-year, totaling around RMB 160.6 million [1] - In the Chinese market, new orders were approximately RMB 570 million, down 10.2% year-on-year [1][2] Group 2: Market Strategy - The company is focusing on high-quality large project execution in the Chinese market, with various service projects being awarded [2] - The company is actively expanding its presence in the Middle East, particularly in Iraq, while also entering the South American market for the first time [2][3] - The company aims to strengthen its brand and market presence by managing early indicators and exploring opportunities in other regions such as Africa and Southeast Asia [4] Group 3: Global Operations and Management - The company inaugurated its Dubai Global Operations Center in September, which will serve as a strategic hub for resource integration and international business coordination [3] - The company is enhancing its internal management systems, focusing on optimizing human resources and financial management to support global business expansion [3][5] - The company is committed to building a diversified financing platform to improve capital allocation efficiency and support stable business growth [5] Group 4: Future Outlook - The global oil and gas market is expected to remain volatile due to supply dynamics and geopolitical factors, prompting the company to advance its globalization strategy [4] - The company plans to deepen its focus on technology solutions and innovation to maintain a competitive edge in the industry [5]

香港交易所及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不就本公告全部或任何部分內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 公告 二零二五年第三季度運營情況及二零二五年第四季度展望 安東油田服務集團（「本公司」，連同其附屬公司，合稱「本集團」）董事會（「董事 會」）欣然公告二零二五年七月一日至九月三十日之三個月（「本季度」）的運營情況 及在手訂單。 二零二五年第三季度運營概述 第三季度，國際油價寬幅震蕩，全球油氣投資保持活躍，中東地區持續推進產能 擴張。天然氣在發電與工業領域需求穩健增長，全球產業鏈機遇凸顯，項目開發 需求旺盛。 期內，本集團立足中國特色優勢與全球化布局，創新提出「技術服務作業者」戰略 定位，通過技術投入參與油氣資源獲取與開發，以「技術應用+自主開採+收益分 成」模式推進新業務落地。該模式有效強化公司業務競爭力，為未來突破性價值 增長奠定基礎。 二零二五年第三季度訂單情況 第三季度，本集團新增訂單人民幣1,272.9百萬元，較去年同期下降14.4%，其 中，伊拉克市場新增訂單約人民幣542.2百萬元，較去年同 ...

Financial Performance - Revenue increased to RMB 2,631.1 million in 2025 from RMB 2,176.3 million in 2024, representing a 20.9% increase[4] - Profit attributable to equity holders increased to RMB 165.1 million in 2025 from RMB 105.9 million in 2024, a 55.9% increase[4] - Free cash flow increased to RMB 197.2 million in 2025 from RMB 173.0 million in 2024, a 12.3% increase[4] Strategic Initiatives and Business Development - The company is building a new service company business model, enhancing oil and gas development and utilization efficiency[12, 16] - The company is expanding into global markets, including the Middle East, Africa, and Central Asia, with successful entry into Sarawak, Malaysia[22, 23] - The company is deepening global management and accelerating intelligent transformation, including opening a new Hong Kong office and launching a treasury center[12, 24, 25] Shareholder Returns and Governance - The company completed a RMB 73 million final dividend payment for 2024[28] - The company completed cumulative share buybacks and cancellation of 17 million shares[28] - The company received continued recognition as "China's Outstanding Management Company"[31] Future Outlook - The company aims to drive long-term growth through early indicators management[36, 41] - The company is building a leading global green energy technology services company[36, 38] - The company will maintain focus on Iraq and seize core market opportunities to drive scaled growth[36, 43]

Financial Performance - Revenue increased to RMB 4,753.9 million in FY2024 [8], a 7.2% increase compared to RMB 4,434.8 million in FY2023 [8] - Profit attributable to equity holders reached RMB 196.5 million in FY2024 [8] - Free cash flow nearly doubled, reaching RMB 979.7 million in FY2024 [8], a 96.1% increase compared to RMB 499.5 million in FY2023 [8] - A dividend of RMB 73 million was declared for 2024 [37, 60], representing an 87.3% year-over-year increase [37] Market Expansion and Orders - Revenue from overseas reached 65% of total revenue [11, 17] - Total orders from overseas surged to RMB 5,802.6 million in FY2024 [19], a 78.8% increase compared to RMB 3,244.8 million in FY2023 [19] - Innovative business new orders increased by 19%, reaching RMB 4,235.3 million in FY2024 [21] from RMB 3,558.2 million in FY2023 [21] Strategic Initiatives - The company fully repaid its USD bond [10, 15] - The company won the bid for the Iraq Dulfriyah Oilfield Mega Project [13, 32] - Over 52 million shares were repurchased in 2024 [37]

Core Viewpoint - The global oil and gas market experienced significant fluctuations in the first quarter due to macroeconomic conditions, geopolitical factors, and supply-demand dynamics, yet the active development of oil and gas remains unaffected. The demand for natural gas continues to grow, particularly in emerging markets in Asia [1]. Group 1: Company Performance - In the first quarter, the company received new orders amounting to RMB 1,740.9 million, a decrease of 22.0% compared to the same period last year [1]. - New orders from the Iraq market were approximately RMB 700.2 million, down 47.4% year-on-year, while other overseas markets saw new orders of about RMB 325.2 million, an increase of 43.5% [1][2]. - The Chinese market contributed new orders of RMB 715.5 million, reflecting a growth of 6.0% compared to the previous year [1][2]. Group 2: Market Expansion and Projects - The company is focused on enhancing operational efficiency and has proposed four "efficiency improvement" solutions, including oil and gas field development, natural gas resource utilization, AI-enabled oil and gas development, and collaborative platform solutions [1]. - In Iraq, the company successfully bid for various projects, including fiber monitoring and oil field supervision services, despite a decline in new orders due to the completion of a large integrated oil field management service project [2]. - The company aims to establish the Defoy oil field as a benchmark for intelligent development in Iraq, with plans for digital innovation and collaboration recognized by the joint management committee [3]. Group 3: Operational Efficiency - The company is committed to lean operations and high-quality execution of orders, achieving smooth and efficient project operations in Iraq [3]. - In other overseas markets, the company completed an asset integrity management project in Indonesia, showcasing its technical coordination and execution capabilities [3]. - In China, the company is focused on providing comprehensive solutions and has successfully launched the expansion of the Southwest pressure decoupling project, increasing daily processing capacity to 3.2 million cubic meters [3].