转自：新华财经 下一步，江苏石油将加快智能加注设施在核心门店的覆盖，持续优化服务网络，推进钣喷中心、汽车产业园等高端业态布局，以数字化赋能与绿色运营为抓 手，全力打造"油气氢电服"转型样板，以"国企为国、在苏兴苏"的责任担当，为江苏汽车后市场高质量发展、满足人民美好出行需求贡献力量。（王宇静） 编辑：赵鼎 江苏石油董事长、党委书记胡珣在致辞中表示，从首店探索到400店集群布局，江苏石油实现易捷养车核心区域布局过半，跑出"二次创业"加速度。这是深 化"油气氢电服"战略的生动实践，更是"为车主提供家门口优质服务"承诺的落地。此次同步启动的长城润滑油智能加注业务，旨在发挥集团公司产业链优 势，推进长城润滑油的供应链、技术优势和江苏石油的网络、市场优势相融互促，共同培育车用润滑油智能加注市场，促进中国石化产业融合，为市场和消 费者提供"更省钱、更省时、更环保、更透明"的优质服务，打造易捷养车特色服务项目。未来，江苏石油将以400店为新起点，联合产业链伙伴打造"人・ 车・生活"高价值生态圈，让专业、便捷的养车服务惠及更多车主。 中国石化润滑油有限公司董事长、党委书记张春辉表示，江苏石油400家自营汽服门店盛大开幕及长城 ...

Core Insights - The global lubricants market is projected to reach $139.86 billion in 2024 and grow to $162.52 billion by 2031, with a CAGR of 2.2% [4] - Synthetic lubricants are expected to dominate high-end applications due to their high-temperature stability and longevity, while bio-based lubricants are gaining traction driven by environmental policies, particularly in Europe [4] - China is identified as an emerging market with growth rates significantly higher than the global average [4] Global Leading Companies - Royal Dutch Shell holds the largest market share globally, with approximately 12% of sales in 2024, and its "Pennzoil" synthetic lubricant series commands over 30% market share in North America [4] - Exxon Mobil focuses on the high-end market, with its "Mobil 1" fully synthetic lubricant widely used in the aerospace sector [5] - Sinopec (China Petroleum & Chemical Corporation) leads the domestic market with its "Great Wall Lubricants" brand, targeting the mid-to-low-end market, and is expected to see an 8% year-on-year sales growth in 2024 [5] Competitive Landscape - The first tier of competitors includes Shell, Exxon Mobil, and Chevron, collectively holding about 35% market share and dominating high-end market pricing [6] - The second tier consists of Total, Petrochina, and Lukoil, with a combined market share of approximately 25%, focusing on regional strategies to expand into emerging markets [6] - The third tier comprises local small and medium-sized enterprises that target specific application scenarios, such as food-grade lubricants, leveraging cost-performance advantages to capture niche markets [6]

Group 1: Industry Overview - The Chinese lubricating oil industry is divided into three competitive tiers: the first tier includes international leaders like Shell and Mobil, the second tier consists of domestic giants China National Petroleum Corporation (CNPC) and China Petroleum & Chemical Corporation (Sinopec), and the third tier includes companies like Compton and Longpan Technology [1][3]. - The market is characterized by a "tripod" competition structure, with international brands holding nearly 25% market share, while CNPC and Sinopec's brands occupy close to 50% of the market [3][8]. - The industry shows a high concentration level, with a significant portion of the market dominated by a few key players [3][8]. Group 2: Brand Development - Domestic brands are enhancing their market presence through superior R&D capabilities and innovative marketing strategies, aiming to reshape consumer perceptions of traditional lubricating oil brands [4]. - The LubTop2023 awards recognized the top ten lubricating oil brands, which include Mobil, Shell, Castrol, and others, highlighting the competitive landscape and brand recognition in the industry [4][6]. Group 3: Company Performance - CNPC's Kunlun lubricating oil and Sinopec's Changcheng lubricating oil are the leading domestic brands, with CNPC's lubricating oil-related revenue reaching 3.5 trillion yuan and Sinopec's at 1.48 trillion yuan [7]. - Longpan Technology reported lubricating oil revenue of 5.32 billion yuan, while Compton's revenue was 7.55 billion yuan, indicating a diverse product range across these companies [7]. - The product offerings from CNPC and Sinopec cover a wide range of lubricating oils, including automotive, industrial, and marine lubricants, contributing to their extensive market reach [6][7]. Group 4: Competitive Dynamics - The competitive landscape is stable, with a high market concentration and strong brand loyalty among consumers, which limits the threat of new entrants [8]. - The bargaining power of downstream customers is relatively weak due to high demand for lubricating oils, while upstream suppliers face challenges from fluctuating crude oil prices [8].

Group 1 - The brand value of Sinopec has surpassed 400 billion yuan, recognized as one of the first excellent results in the central enterprise brand leading action [1] - Sinopec's brand success is attributed to continuous efforts in brand building and communication, as well as strong quality and service capabilities [1] - Quality is emphasized as the fundamental strength of the brand, with a commitment to "quality always leading" and comprehensive quality management throughout the entire industry chain and lifecycle [1] Group 2 - Sinopec has developed a range of products and services that enhance emotional connections with customers, including Easy Joy, Easy PAIKE, Great Wall lubricants, and various public welfare brands [2] - The company aims to meet the growing consumer demand and enhance brand influence and competitiveness, seizing opportunities in the vast market potential [2] - The long-term vision for brand development is highlighted, emphasizing the importance of building a reliable and trustworthy brand over time [2]

Group 1 - The core viewpoint of the article highlights the structure of lubricant oil consumption in China, which is divided into transportation and industrial oils, with transportation oil accounting for approximately 55% and industrial oil for about 30% of total consumption [1] - In the transportation lubricant oil segment, gasoline and diesel engine oils dominate, with their consumption proportions projected to be 36% and 39% respectively in 2024, while gear oil accounts for 9% [2] - The internal combustion engine oil, which includes gasoline and diesel engine oils, plays a crucial role in lubricating engine components and is expected to maintain a high consumption share [5] Group 2 - The strategic position analysis of the transportation lubricant oil market indicates that the automotive sector has a high market attractiveness and competitive position, while the engineering machinery sector shows a relatively lower strategic position due to slower growth [10] - The total consumption of turbine oil is expected to account for 16% and diesel engine oil for 24% in 2024, indicating a significant share of internal combustion engine oil in the lubricant market [8] - Major brands in the lubricant oil industry include Kunlun, Great Wall, Compton, and Longpan, offering a variety of products such as synthetic high-performance gasoline engine oils and specialized diesel engine oils [6]