Core Viewpoint - The opening of the first fully self-operated Dicos restaurant by China Petroleum in Hunan marks a significant step in the company's non-oil business expansion, aiming to create a new "gas station + dining" model to enhance consumer engagement and diversify revenue streams [1][3][5] Group 1: Business Expansion - The Dicos restaurant at the Guqu Road gas station is the first fully self-operated outlet by China Petroleum and the fifth restaurant overall [3] - Prior to this, the company had opened four KFC restaurants at service areas, indicating a strategic focus on diversifying non-oil revenue sources [3] Group 2: Consumer Engagement - The restaurant's opening attracted over 300 visitors on its first day, with families participating in fun activities, showcasing the appeal of the new dining option [3][5] - Local residents expressed excitement about the convenience of having dining options alongside fuel services, enhancing the overall consumer experience [3] Group 3: Strategic Goals - China Petroleum aims to enrich gas station offerings through cross-industry integration, enhancing customer loyalty and satisfaction [5] - The company is exploring further innovations in its non-oil business model, including the introduction of convenience stores and automotive services, to create a more efficient and high-quality lifestyle experience for consumers [5]

Group 1: Company Performance and Market Position - The company has increased its profit distribution ratio to 50% for the 2024 fiscal year, aiming to enhance cash dividend stability and predictability [3] - The company's current market value is approximately 3 billion, raising concerns about its growth potential [3] - The company has a share repurchase plan with a maximum price set at 8.99 CNY per share, which is 150% of the average trading price over the previous 30 trading days [3] Group 2: Strategic Initiatives and Collaborations - The company has signed strategic cooperation agreements with several large state-owned enterprises in the field of new energy, aiming to transform into a comprehensive service provider [4] - Collaborations with local government and state-owned assets supervision committees have led to the implementation of multiple charging station projects in Tai'an [4] - The company is actively engaging in discussions to further promote the implementation of strategic cooperation agreements with local state-owned enterprises [4] Group 3: Investor Relations and Communication - The company emphasizes the importance of market communication and timely information disclosure to maintain investor confidence [3][4] - There is a focus on addressing investor concerns regarding the company's market value and performance compared to industry peers [4] - The company reassures investors that there are no undisclosed significant information related to the current activities [5]