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did the wrong file get sent for the semi-annual report? cnooc responds

2024-08-29

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on the evening of the 28th, china national offshore oil corporation disclosed a summary of its semi-annual report, with large areas of blank space in core content such as financial data.

screenshot of cnooc's semi-annual report summary before update

on the 29th, "v view financial report" called the secretary of the board of directors of cnooc as an investor, and the staff replied thatthe semi-annual report has undergone a strict review procedure before being uploaded, and the content of the document is complete and accurate.

the above staff member stated that"we have confirmed that it is a problem with the format conversion of the website's backend software, which caused the abnormal file display. we discovered and solved it as soon as possible last night."

the semi-annual report shows that cnooc is china's largest offshore crude oil and natural gas producer and one of the world's largest independent oil and gas exploration and production companies. its main businesses are exploration, development, production and sales of crude oil and natural gas.

in the first half of 2024, cnooc's performance increased: operating income reached 226.77 billion yuan, a year-on-year increase of 18%; net profit attributable to shareholders of the parent company reached 79.731 billion yuan, a year-on-year increase of 25%. the board of directors decided to distribute a 2024 interim dividend of hk$0.74 per share (tax inclusive).

china national offshore oil corporation's first-half performance increased by 2.1% source: wind

cnooc said that in the second half of the year, the company will adhere to the value exploration orientation, focus on key core areas, and continue to consolidate the resource foundation for increasing reserves and production; build a solid "lifeline" for safe production, focus on "two increases and one reduction", and promote capacity construction to further improve quality and efficiency, ensuring the smooth completion of annual production and operation goals; strengthen lean management, continue to consolidate cost competitive advantages, and continuously improve value creation capabilities.

on august 29, china national offshore oil corporation's a and h shares fell and then rebounded, falling 1.89% to 29.04 yuan as of press time; hong kong stocks fell 0.70% to 21.15 hong kong dollars.