该项目是中国海上首个高温高压低渗天然气开发项目，位于莺歌海海域，平均水深约67米。依托东方气 田群现有设施进行开发，并新建1座无人井口平台，计划投产开发井6口。预计2026年实现日产天然气约 35百万立方英尺的高峰产量。 据介绍，中国海油充分依托已有设施联通东方1-1气田和东方13-2气田，实现了莺歌海海域主要海上天 然气田的互联互通，有力提升了该区域天然气供应的稳定性和可靠性，为粤港琼地区经济社会发展注入 强劲动力。 7月29日，中国海油(600938)宣布东方1-1气田13-3区开发项目已投产。 ...

Group 1 - The central government has announced a nationwide implementation of a childcare subsidy program starting January 1, 2025, providing an annual subsidy of 3,600 yuan per child until the age of three, regardless of the number of children [2] - The program will feature a unified information management system to enhance data sharing among regions and departments, with applications facilitated through online platforms like Alipay and WeChat [2] - The program also retains offline application channels to accommodate special circumstances [2] Group 2 - The Ministry of Finance and the Ministry of Emergency Management have urgently allocated 350 million yuan in disaster relief funds to support nine provinces and regions affected by natural disasters [4] - The allocation aims to assist in emergency rescue operations and aid for affected residents [4] Group 3 - China's largest ultra-deep oil and gas field, the Fuman Oil and Gas Field, has achieved a daily production of over 10,000 tons, marking a new phase in large-scale production of 8,000-meter deep oil and gas extraction [5] Group 4 - The National Development and Reform Commission announced that there will be no adjustment to gasoline and diesel prices due to minimal fluctuations in international oil prices [6] - The price adjustment mechanism indicates that the average price over the first ten working days of July 29 was insufficient to warrant a change [6] Group 5 - Major airlines in China, including Air China, China Southern Airlines, and China Eastern Airlines, have announced support for the civil aviation version of the "12306" direct sales platform to ensure passenger rights [8] - The airlines have initiated direct ticket sales through the platform, ensuring transparency and consistency with airline rules [8] Group 6 - Several companies have made significant donations to support disaster relief efforts in Beijing, including Xiaomi, which donated 5 million yuan, and ByteDance, which contributed 10 million yuan [9] - Other companies, such as Li Auto and New Oriental, have also pledged substantial donations to assist in emergency rescue and post-disaster reconstruction efforts [9] Group 7 - Apple has announced the closure of its first direct store in China, located in Dalian, which will cease operations on August 9, 2025 [10] - The store, opened in October 2015, is the first Apple store to close in China, although the reasons for the closure have not been disclosed [10] Group 8 - Nvidia's market capitalization has surpassed 4.3 trillion dollars, reflecting strong performance in the stock market, particularly among large tech stocks [10] - The S&P 500 and Nasdaq indices have reached new historical highs, with notable increases in stock prices for major tech companies [10] Group 9 - Due to extreme heat conditions globally, China's air conditioning exports have surged, with a total export value of 9.35 billion dollars in the first half of the year, marking a nearly 10% year-on-year increase [12] - Exports to EU countries have seen a significant rise, with a 43.2% increase in volume and a total export value of 3.76 billion dollars, setting a record for the same period [12]

从中证高端制造50指数持仓的市场板块来看，深圳证券交易所占比52.19%、上海证券交易所占比 47.81%。 从中证高端制造50指数持仓样本的行业来看，工业占比37.06%、信息技术占比30.98%、医药卫生占比 13.98%、可选消费占比12.66%、通信服务占比5.32%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在下一个定期 调整日前，权重因子一般固定不变。特殊情况下将对指数进行临时调整。当样本退市时，将其从指数样 本中剔除。样本公司发生收购、合并、分拆等情形的处理，参照计算与维护细则处理。 金融界7月29日消息，上证指数低开高走，中证高端制造50指数 (高端造50，932025)报1492.82点。 数据统计显示，中证高端制造50指数近一个月上涨10.15%，近三个月上涨13.05%，年至今上涨6.21%。 据了解，中证高端制造50指数，选取信息技术、通信设备、电力设备、航空航天与国防、机械制造、医 药卫生、环保、汽车及零配件、油气开采等行业的50只有代表性的上市公司证券 ...

Core Insights - China's largest ultra-deep oil and gas area, the Fuman Oil and Gas Field, has achieved a daily production of over 10,000 tons, marking a new phase in the large-scale production of 8,000-meter-level ultra-deep oil and gas extraction [1] - The Fuman Oil and Gas Field has drilled 30 ultra-deep high-yield wells this year, contributing to the continuous increase in oil and gas output [1] - The Tarim Oilfield has confirmed the resource potential of the ultra-deep layers in the Taklamakan Desert, with the deepest well exceeding 9,000 meters and most wells above 8,000 meters [1] - The oil extracted is primarily light oil, often accompanied by natural gas, with new oil and gas processing facilities established to manage production in the desert [1] - The Tarim Oilfield has developed 150 ultra-deep wells, with 35 wells having cumulative production exceeding 100,000 tons, which are crucial for the production in the ultra-deep oil area [2] Production Capacity - The newly established oil and gas processing facilities have an annual processing capacity of 5 million tons, enabling the extraction of nearly 10,000 tons of crude oil and the recovery of approximately 5 million cubic meters of natural gas daily [1] - The construction of oil and gas pipelines along underground fault zones has facilitated the establishment of numerous processing facilities over a 200-kilometer range [1]

7月29日主力资金净流入5430.93万元。 风险提示：投资有风险，入市需谨慎。 来源:金融界 中国海油股价报26.12元，较前一交易日上涨0.26元。盘中最高触及26.15元，最低25.91元，成交金额达 9.29亿元。 中国海油主要从事海上原油和天然气的勘探、开发和生产业务。公司是中国最大的海上原油及天然气生 产商，业务涵盖油气勘探开发、专业技术服务、炼化与销售、天然气及发电、金融服务等领域。 公司宣布东方1-1气田13-3区开发项目已投产，该项目是中国海上首个高温高压低渗天然气开发项目。 此外，明阳集团与中国海油就深远海能源开发与海上风电创新合作进行了交流。另据报道，中国海油两 名干部近日被查。 ...

（文章来源：新华财经） 据中国海油有关负责人介绍，该项目是中国海上首个高温高压低渗天然气开发项目，位于莺歌海海域， 平均水深约67米。依托东方气田群现有设施进行开发，并新建1座无人井口平台，计划投产开发井6口。 预计2026年实现日产天然气约35百万立方英尺的高峰产量。 中国海油充分依托已有设施联通东方1-1气田和东方13-2气田，实现了莺歌海海域主要海上天然气田的 互联互通，有力提升了该区域天然气供应的稳定性和可靠性，为粤港琼地区经济社会发展注入强劲动 力。 新华财经北京7月29日电（记者安娜）中国海洋石油有限公司29日宣布，东方1-1气田13-3区开发项目已 投产。中国海油拥有该项目100%的权益，并担任作业者。 ...

7月29日，中国海油（600938）宣布东方1-1气田13-3区开发项目已投产。 据介绍，中国海油充分依托已有设施联通东方1-1气田和东方13-2气田，实现了莺歌海海域主要海上天 然气田的互联互通，有力提升了该区域天然气供应的稳定性和可靠性，为粤港琼地区经济社会发展注入 强劲动力。(燕云) 该项目是中国海上首个高温高压低渗天然气开发项目，位于莺歌海海域，平均水深约67米。依托东方气 田群现有设施进行开发，并新建1座无人井口平台，计划投产开发井6口。预计2026年实现日产天然气约 35百万立方英尺的高峰产量。 ...

Core Insights - China's largest ultra-deep oil and gas field, the Fuman Oil and Gas Field, has achieved a daily production of over 10,000 tons of oil and gas, marking a new phase in the large-scale production of 8000-meter ultra-deep oil and gas extraction [1][4] Group 1: Production Achievements - The Tarim Oilfield has discovered 70 major oil and gas-rich faults in the desert's deep layers and has drilled over 300 ultra-deep wells, primarily producing light crude oil accompanied by natural gas [3] - The Fuman Oil and Gas Field has successfully drilled 30 high-yield ultra-deep wells this year, contributing to the sustained increase in oil and gas production [4] - The Tarim Oilfield has developed 150 ultra-deep wells with a cumulative output exceeding 10,000 tons, with 35 of these wells surpassing 100,000 tons in cumulative production [6] Group 2: Infrastructure and Capacity - New oil and gas processing facilities have been established along underground fault lines, enhancing the oil and gas processing capacity to 5 million tons annually [6] - The daily extraction includes nearly 10,000 tons of crude oil and the recovery of approximately 5 million cubic meters of natural gas [6]

| 代码 | 名称 | 主力净流入 (元) | | | 主力净占比 游资净流入（元） 游资净占比 散户净流入（元） 散户净占比 | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 600938 中国海油 | | 5430.93万 | 5.85% | -5423.33万 | -5.84% | -7.60万 | -0.01% | | 600759 洲际油气 | | 532.24万 | 1.85% | -609.08万 | -2.12% | 76.84万 | 0.27% | | 600777 | *ST新潮 | -984.56万 | -13.80% | 235.99万 | 3.31% | 748.57万 | 10.49% | | 000968 蓝焰控股 | | -1263.86万 | -13.60% | 268.54万 | 2.89% | 995.32万 | 10.71% | 从资金流向上来看，当日油气开采板块主力资金净流入3714.75万元，游资资金净流出5527.88万元，散户 资金净流入1813.12万元。油气开采板块个股资金流向见下表： 证券之 ...

Financial Data and Key Metrics Changes - Total revenues for Q2 2025 were $547.5 million, down from $593.4 million in Q2 2024, primarily due to lower coal sales prices and transportation revenues, partially offset by higher coal sales volumes [4] - Average coal sales price per ton decreased by 11.3% year-over-year to $57.92, driven by the roll-off of higher-priced legacy contracts and a higher proportion of Illinois Basin tons [4] - Net income for Q2 2025 was $59.4 million, compared to $100.2 million in Q2 2024, reflecting variances in revenues and higher depreciation expenses [9] - Adjusted EBITDA for the quarter was $161.9 million, down 10.8% year-over-year but up 1.2% sequentially [10] Business Line Data and Key Metrics Changes - Coal production in Q2 2025 was 8.1 million tons, a 3.9% decrease compared to Q2 2024, while coal sales volumes increased by 6.8% to 8.4 million tons [4] - In the Illinois Basin, coal sales volumes increased by 15.2% year-over-year, driven by record shipments from Riverview and Hamilton mines [5] - Coal sales volumes in Appalachia decreased by 16.8% year-over-year due to challenging mining conditions at Tunnel Ridge [5][6] - Royalty segment revenues were $53.1 million, up 0.2% year-over-year, with oil and gas royalty volumes increasing by 7.7% [8] Market Data and Key Metrics Changes - Eastern utility inventories were 18% below the prior year, indicating a tightening market [18] - Year-to-date electricity generation in key Eastern regions was up over 18% compared to last year, driven by warmer temperatures and increased coal generation [18] - The company is seeing multiple domestic customer solicitations for long-term supply contracts, indicating strong demand for coal [11][12] Company Strategy and Development Direction - The company is optimistic about the long-term outlook due to supportive regulatory actions and strong domestic coal market fundamentals [18][21] - The company is increasing its volume guidance for the Illinois Basin to 25 to 25.75 million tons based on solid domestic demand [12] - The company is exploring opportunities in energy infrastructure related to data centers and evaluating investments in coal power plants [37] Management's Comments on Operating Environment and Future Outlook - Management noted that the current regulatory environment is the most favorable for coal in decades, with actions taken to support coal-fired power plants [21][22] - The company expects second-half results from Appalachia to improve following the completion of a longwall move at Tunnel Ridge [7] - Management expressed cautious optimism about growth opportunities in sales volumes next year, despite potential lower average coal sales prices [19] Other Important Information - The company generated free cash flow of $79 million after investing $65.3 million in coal operations [11] - The quarterly distribution rate was adjusted to $0.60 per unit, reflecting a strategic decision to strengthen the balance sheet and provide flexibility for growth opportunities [22][33] Q&A Session Summary Question: Can you provide more details on the $25 million investment for the acquisition of the Gavin Power plant? - The investment allows participation as an LP investor in a fund set up for the acquisition, which is expected to be accretive upon closing [28] Question: Can you clarify the board's decision to lower the distribution despite a strong outlook? - The adjustment aligns with a more sustainable operating margin and allows for additional cash flow to pursue growth opportunities [32][33] Question: What are the potential growth opportunities being considered? - The company is looking at investments in minerals, energy infrastructure for data centers, and potential acquisitions of coal plants [36][37] Question: How do you see the impact of the recent trade deal on guidance? - There is potential for increased manufacturing demand in the Eastern U.S., which could benefit coal demand [62] Question: How do you anticipate demand growth pacing? - Demand is expected to stabilize as utilities maintain inventory levels, correlating with coal purchases [67][70] Question: Has the decline in Chinese demand for seaborne coal impacted U.S. pricing? - Domestic pricing remains prioritized, but there are signs of improved pricing for exports, which could increase next year [75] Question: Will there be continued investments in royalty assets? - The company plans to invest in its royalty segment, primarily targeting the Permian and Delaware Basins [77]