Group 1 - The company will hold a half-year performance briefing on August 20, 2025, from 16:00 to 17:00 [2][4] - The briefing will take place at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online format [3][4] - Investors can submit questions until August 19, 2025, at 16:00 through the Roadshow Center website or via the company's email [2][5] Group 2 - The company plans to release its 2025 half-year report on March 19, 2025, to provide a comprehensive understanding of its operational results and financial status [2] - Key personnel participating in the briefing include the Chairman, independent directors, Chief Accountant, Chief Legal Advisor, and the Secretary of the Board [4] - After the briefing, investors can access the main content and details of the event through the Roadshow Center [5][6]

Group 1 - The company will hold a half-year performance briefing on August 20, 2025, from 16:00 to 17:00 [1][2] - The briefing will take place at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online format [1][2] - Investors can submit questions before the event by logging into the Roadshow Center website or via the company's email [1][2] Group 2 - The company plans to release its 2025 half-year report on March 19, 2025, to provide investors with a comprehensive understanding of its performance [1] - Key personnel participating in the briefing include the Chairman, independent directors, Chief Financial Officer, Chief Legal Advisor, and the Secretary of the Board [2] - After the briefing, investors can access the main content and details of the event through the Roadshow Center [2]

Core Viewpoint - Innovation is the key to developing new productive forces, and technology is the primary productive force. The company emphasizes technological innovation and follows a "specialized, refined, distinctive, and innovative" development path to enhance its competitive edge [1][2]. Group 1: Technological Innovation - The company has developed advanced equipment, including the Jingwei directional rotary support system and the Jingwei intelligent drilling optimization system, implementing a "3+X" model that improves operational efficiency and reduces on-site personnel by 22% while increasing construction capacity by 25% [1]. - The company has successfully iterated rotary tools, overcoming challenges in anti-decompression algorithms and "three non-stop drilling" technology, which has improved the efficiency of torque transmission and increased the proportion of pure drilling time by 20%, while reducing maintenance cycles by 25% [1]. Group 2: Market Response and Efficiency - The company has established a rapid response green channel for on-site demands, utilizing unique integrated logging technology to address challenges in high-difficulty horizontal well logging, significantly shortening logging cycles and reducing material costs by approximately 30% while ensuring data quality [1]. - The company aims to set a new benchmark for block exploration and development through enhanced service quality and technical expertise [1]. Group 3: Foundation Research and Laboratory Utilization - The company leverages its laboratories to strengthen foundational research, with over 50% of high-end technology revenue, positioning itself among the top in the oil engineering sector [2]. - By benchmarking against leading domestic and international laboratories, the company has developed new technologies and equipment for ultra-high temperature and pressure logging, perforation, and complex reservoir evaluation, laying a solid foundation for market expansion [2].

Group 1 - The company has approved a share repurchase plan, allowing the board to buy back up to 10% of its issued A-shares or H-shares based on market conditions and company needs [2][4] - The total amount for the share repurchase is set between RMB 40 million and RMB 50 million, with a maximum repurchase price of RMB 2.74 per share [2][4] - The company completed the repurchase of 22,366,200 A-shares, representing 0.12% of the total share capital, with an average purchase price of RMB 1.876 per share, totaling RMB 41.9652 million [4][6] Group 2 - The company has followed all legal regulations during the share repurchase process, and the actual repurchase amount exceeded the lower limit of the planned budget [4][6] - The repurchased shares will be canceled, reducing the registered capital of the company, and the company will apply for the cancellation of these shares with the relevant authorities [6][7] - No objections were raised by creditors regarding the share repurchase and cancellation process, and the company has completed the necessary notifications [6][7]