Core Viewpoint - China National Petroleum Engineering Company (600339.SH) has received a project award letter from Iraq's Basra Oil Company for the Basra seawater pipeline project, with a contract value of $2.524 billion (approximately 18.032 billion RMB) [1] Group 1 - The project involves the construction of seawater treatment facilities, main pipelines from the treatment facilities to various junction stations, and branch pipelines from junction stations to oil field distribution stations, along with associated ground facilities [1] - The contract duration is set for 54 months, which includes 42 months for design, procurement, construction, and trial operation, followed by 12 months for operation maintenance and training [1]

Core Viewpoint - China Petroleum Engineering (600339.SH) has received a project award for the Iraq Basra seawater pipeline project from Basra Oil Company (BOC), indicating a significant opportunity for the company in the international market [1] Group 1: Project Details - The awarded project involves the construction of seawater treatment facilities, main pipelines from treatment facilities to various junction stations, and branch pipelines from junction stations to oil field distribution stations, along with associated ground facilities [1] - The total contract value for the Iraq seawater pipeline project is approximately $2.524 billion (around 18.032 billion RMB) [1] - The project duration is set for 54 months, which includes 42 months for design, procurement, construction, and trial operation, followed by 12 months for operation maintenance and training [1]

Group 1 - The company, Sinopec Oilfield Service Corporation, announced that its wholly-owned subsidiary, Sinopec Petroleum Engineering Construction Co., Ltd., has won a bid for the construction of the Changchun-Shijiazhuang natural gas pipeline project, specifically for sections two, four, and five [1] - The total bid amount for the project is RMB 3.597 billion, which accounts for approximately 4.44% of the company's projected revenue for 2024 under Chinese accounting standards [1]

Core Viewpoint - Sinopec Oilfield Services (01033) has won a contract for the construction of a natural gas pipeline project, highlighting its expertise in the oil engineering construction sector [1] Group 1: Contract Details - The company’s wholly-owned subsidiary, Sinopec Petroleum Engineering Construction Co., Ltd., has been awarded the construction contract for the Changchun-Shijiazhuang natural gas pipeline project [1] - The total contract amount is RMB 3.597 billion, which accounts for approximately 4.44% of the company's projected revenue for 2024 under Chinese accounting standards [1] - The pipeline project spans approximately 659 kilometers and includes various construction works such as multiple stations, valve rooms, directional drilling, and crossings [1] Group 2: Project Timeline and Significance - The construction period for the project is estimated to be around 487 days [1] - This contract reflects the company's professional technical capabilities and construction management skills in the oil engineering construction field [1]

Core Viewpoint - The company, PetroChina Oilfield Services (600871.SH), has recently won a significant contract for the construction of a natural gas pipeline, highlighting its expertise in the oil engineering construction sector [1] Group 1: Contract Details - The company’s wholly-owned subsidiary, Sinopec Petroleum Engineering Construction Co., Ltd., has been awarded the construction contract for the Changchun-Shijiazhuang natural gas pipeline project [1] - The total contract value is approximately RMB 3.597 billion, which represents about 4.44% of the company's projected revenue for 2024 under Chinese accounting standards [1] - The pipeline construction will cover a length of approximately 659 kilometers and includes various construction works such as multiple stations, valve rooms, directional drilling, and crossings [1] Group 2: Project Timeline and Significance - The estimated construction period for the project is around 487 days [1] - This contract win demonstrates the company's professional technical capabilities and construction management skills in the oil engineering construction field [1]

Group 1: Core Insights - A-share companies are experiencing significant overseas expansion, with notable achievements in infrastructure, biomedicine, and equipment manufacturing, leading to large overseas orders [2][3] - The shift in Chinese enterprises' overseas strategy is moving from cost-driven to innovation-driven, leveraging advanced supply chains, international talent, and digital technologies [2] Group 2: Large Orders and Competitive Strength - A-share companies have secured substantial overseas contracts, particularly in the infrastructure sector, with notable projects including a $1.6 billion contract for a gas processing plant in Iraq and contracts totaling approximately 5.34 billion yuan for the China-Kyrgyzstan-Uzbekistan railway [3][4] - In the biomedicine sector, companies like Rongchang Bio are accelerating internationalization, exemplified by a licensing agreement with Vor Bio worth up to $4.1 billion [4] - Equipment manufacturing firms are also making strides, with agreements such as a $406 million contract for a conveyor system in Guinea, enhancing their international market presence [4] Group 3: Accelerated Overseas Capacity Layout - Several A-share companies are intensifying their overseas production capacity, viewing local production as a key driver for global competitiveness [6] - Companies like Linglong Tire are investing $1.193 billion in a production base in Brazil, aiming for an annual output of 14.7 million high-performance tires [6] - Other firms, such as North Special Technology and Zhongke Electric, are also establishing production bases in Thailand and Oman, respectively, to enhance their global supply chain [7] Group 4: Rising Trend of Overseas Mergers and Acquisitions - The number of disclosed overseas mergers and acquisitions by A-share companies has surpassed 60 in the first half of the year, with a focus on electronics, automotive parts, and machinery [9] - Companies are pursuing overseas acquisitions to enter emerging markets and enhance their technological capabilities, as seen with Dongshan Precision's dual acquisitions in the optical communication sector [9][10] - The strategy of overseas mergers and acquisitions is aimed at resource and market integration, with firms like Luoyang Molybdenum consolidating their overseas mineral resource reserves [10]

Group 1 - The company announced that its wholly-owned subsidiary, China Petroleum Engineering Construction Co., Ltd., signed an EPSCC contract for the gas processing plant project at the Atawi oil field in Iraq with TotalEnergies, with a contract value of $1.601 billion (approximately 11.538 billion RMB) [1] - The contract execution period is set to achieve commissioning conditions within 36 months after the contract becomes effective, followed by temporary acceptance in 39 months, and then a 24-month warranty period [1] - While the contract execution will not have a significant impact on the company's total assets, net assets, and net profit for the current year, it is expected to positively influence the company's operating revenue and total profit over the next 4-5 years [1]

Group 1 - The article highlights the efforts of national representatives in addressing the needs and expectations of the elderly population in China, particularly in the context of elder care facilities [2] - It emphasizes the importance of technical talent training in industries, as represented by the welding training initiatives led by a national representative from Sinopec [2]

经济日报天津4月21日讯（记者周琳）日前，天津市委党的建设工作领导小组提出扎实抓好贯彻中央八 项规定精神学习教育各项任务，教育引导党员干部推进作风建设常态化长效化，以实际行动体现深刻领 悟"两个确立"的决定性意义、坚决做到"两个维护"。 在学习教育中，天津坚持开门教育，走好新时代党的群众路线，虚心听取群众意见建议，自觉接受群众 监督评判。在调查研究方面，天津加快落实"四下基层"制度，坚持求真务实，摸实情、谋实招、求实 效，形成针对性、操作性强的工作意见和对策建议，推动解决实际问题。 天津市税务局将开展学习教育作为今年党建工作的重点任务。该局党委坚持先学一步、学深一层，组织 召开党委理论学习中心组集中学习研讨，带头抓好自身学习教育，为全系统作出示范。天津市税务局机 关和系统各单位党支部通过"三会一课""主题党日"等方式，组织党员干部深入学习，夯实加强作风建设 的思想根基。 驻天津央企中石化第四建设有限公司党委采用"5+2+2"模式推进学习教育走深走实，通过理论中心组示 范学、专题读书班全面学、基层党支部融合学、灵活党课深入学、以案示警促进学的五种学习方式多维 度学习。一方面，制定公司领导班子成员调研走访计划，全 ...