Group 1 - The GOTECH event is a significant gathering in the oil and gas industry, sponsored by Sheikh Ahmed Bin Saeed Al Maktoum, taking place from April 21 to 23, 2025, at the Dubai World Trade Center [5] - The theme for GOTECH 2025 is "Advancing Sustainable Energy Technologies through Innovation and Collaboration," highlighting the importance of collaboration in driving progress [5] - The event will feature over 300 technical presentations, 51 technical sessions, 6 executive meetings, and various workshops, focusing on current industry trends and challenges [5][6] Group 2 - The Society of Petroleum Engineers (SPE) is a non-profit professional association with over 119,000 members across 138 countries, providing technical resources and opportunities for knowledge exchange [6] - Major international oil companies such as Baker Hughes, Schlumberger, Dragon Oil, Halliburton, and OILSERV are confirmed participants for the 2025/2026 event [7] - The event will cover a wide range of oil and gas equipment and services, including drilling equipment, production machinery, and various chemical products used in oilfield operations [9][11][13]

Group 1 - The 28th Uzbekistan International Oil and Gas Exhibition (OGU2026) will take place from May 12-14, 2026, at the CAEX International Exhibition Center in Tashkent, Uzbekistan [1] - OGU is the only oil and gas industry exhibition in Uzbekistan, supported by the government and recognized by the UFI since 2009, attracting global participants [3] - In 2018, OGU attracted 275 companies from over 30 countries, with more than 12,000 professional visitors [3] Group 2 - Uzbekistan is positioned as a rapidly growing oil and gas producer in Central Asia, with proven oil reserves of 584 million tons and natural gas reserves exceeding 55 trillion cubic meters [3] - The country is a key gas supplier for the Central Asia-China gas pipeline, with expected investments in oil and gas field development reaching billions of dollars over the next three years [4] Group 3 - The exhibition will showcase a wide range of oil and gas equipment, including drilling machinery, geological exploration tools, and various industrial automation and safety equipment [7][9] - Chemical products for oil fields, such as drilling chemicals and oil recovery agents, will also be featured, along with technical services related to surveying, refining, and safety [9][10]

Summary of Key Points Core Viewpoint - The company, Shihua Machinery (000852), expects a significant decline in net profit for the first half of 2025, primarily due to changes in product delivery cycles and revenue structure [1] Financial Performance - The projected net profit attributable to shareholders for January 1, 2025, to June 30, 2025, is estimated to be between 26 million to 30 million yuan, representing a decrease of 55% to 60% compared to the same period last year, which was 65.69 million yuan [1] - The net profit after deducting non-recurring gains and losses is expected to be between 12 million to 15 million yuan, down 68% to 75% from 46.63 million yuan in the previous year [1] - Basic earnings per share are projected to be between 0.0276 yuan to 0.0319 yuan, a decline from 0.0698 yuan per share in the same period last year [1] Business Segment Analysis - The decline in performance is attributed to a decrease in revenue from high-margin products such as oil machinery equipment, while revenue from lower-margin products like oil and gas steel pipes has increased [1]

Core Viewpoint - The company reported a decline in revenue for 2024 but achieved a growth in net profit attributable to shareholders, indicating a mixed financial performance amidst industry challenges [1][2]. Financial Performance - In 2024, the company achieved an operating income of 8.037 billion, a year-on-year decrease of 4.3% [2]. - The net profit attributable to shareholders after deducting non-recurring items was 76.94 million, reflecting a significant increase of 47.21% year-on-year [2]. - In Q4 2024, the company recorded an operating income of 2.393 billion, a year-on-year increase of 5.37%, and a net profit of 14.76 million, marking a turnaround from losses [2][3]. - The company's accounts receivable rose to 2.837 billion, accounting for nearly 30% of total assets by the end of 2024 [1]. Product Performance - Revenue from hydrogen equipment saw a remarkable increase of over 100% year-on-year in 2024 [1][2]. - Revenue from oil machinery equipment grew by 11.62%, increasing its revenue share from 48% in 2023 to 55.99% in 2024 [2]. - Other business segments, including natural gas technology services, experienced a revenue growth of 24.07%, while revenues from drill bits and oil pipes declined [2]. Regional Performance - The company's overseas revenue surged by 51.89% year-on-year, while domestic revenue fell by 11.02% [2]. Investment Projects - The company has high expectations for the hydrogen industry, which is anticipated to experience significant growth due to policy support and technological advancements [4]. - The hydrogen equipment integration manufacturing and testing project has not yet utilized the raised funds as of the end of 2024, with land acquisition still pending [5]. - The project is expected to reach operational status by December 31, 2025, aligning with the company's long-term strategic goals [4][5].