Core Viewpoint - The company has demonstrated strong performance in the first half of 2025, achieving significant revenue and profit growth while focusing on its strategic goal of becoming a competitive, specialized, and innovative energy technology service company [1] Group 1: Financial Performance - In the first half of 2025, the company reported operating revenue of 22.597 billion yuan, a year-on-year increase of 4.46% [1] - The net profit attributable to shareholders reached 1.829 billion yuan, with a year-on-year growth of 13.15% [1] - The net assets increased to 27.621 billion yuan, reflecting a 1.69% rise compared to the end of the previous year [1] Group 2: Core Business Development - The energy technology service sector, as a core business, has seen solid capability building, contributing to oil and gas reserve increases and production [2] - The company implemented various advanced technologies, including intelligent injection and production operations, resulting in a 16.11% increase in downhole tool business workload [2] - The company has successfully launched several high-end oil and gas equipment and smart manufacturing bases, enhancing its core technology and high-end equipment supply capabilities [2] Group 3: Low-Carbon and Digitalization - The low-carbon and digitalization sector achieved operating revenue of 3.870 billion yuan, a year-on-year increase of 11.17% [3] - The company has successfully delivered offshore wind operation vessels, supporting market expansion in offshore wind maintenance services [3] - New material technology development and green low-carbon technology promotion have been accelerated, with a 29.02% increase in sales of refining catalytic materials [3] Group 4: Energy Logistics Services - The energy logistics service sector generated operating revenue of 11.640 billion yuan, reflecting a year-on-year growth of 5.13% [4] - The company has enhanced its operational support capabilities through smart logistics and lean sales strategies, with a 15.61% increase in commodity sales [4] - The company has effectively managed oil price fluctuations through differentiated operational strategies [4] Group 5: Future Growth and Innovation - The company is focusing on long-term growth by optimizing its industrial layout and planning for strategic emerging industries [5] - Significant advancements in core technology have been achieved, including the development of domestically produced deep-water intelligent flow control valves [7] - The company is actively exploring new business models and enhancing production organization to drive profitability [9] Group 6: Brand and Market Expansion - The company has established a comprehensive brand strategy, enhancing its product offerings and market presence [8] - New market centers have been set up to boost external market development, resulting in a 141% year-on-year increase in new contracts [8] - The company has successfully penetrated international markets, achieving breakthroughs in several countries [8]