China Petroleum Gas Co., Ltd. (abbreviated as “China Petroleum”) released its first quarter report for 2024, showing that the company's operating income reached RMB812,184 million, an increase of 10.9% year-on-year. Net profit attributable to shareholders of the parent company was USD 45,683 million, an increase of 4.7% year-on-year. Basic earnings per share are RMB 0.25. During the reporting period, the Company's oil and gas production increased by 2.6% and realized net cash flow generated by operating activities of $111,077 million, a decrease of 12.1% from the same period last year. The Company's Board of Directors has reviewed the quarterly report and is assured by Chairman Dai Hu-liang, Mr. Wong Wing Chung, Chairman and President, and Mr. Wang Wah, Chief Financial Officer, as to the accuracy, and completeness of financial information. This report is unaudited. China Petroleum emphasized that it will continuously optimize production operations and product structure and promote new energy business development to achieve stable growth.

China Petroleum Gas Co., Ltd. (abbreviated as “China Petroleum”) released its first quarter report for 2024, showing that the company's operating income reached RMB812,184 million, an increase of 10.9% year-on-year. Net profit attributable to shareholders of the parent company was USD 45,683 million, an increase of 4.7% year-on-year. Basic earnings per share are RMB 0.25. During the reporting period, the Company's oil and gas production increased by 2.6% and realized net cash flow generated by operating activities of $111,077 million, a decrease of 12.1% from the same period last year. The Company's Board of Directors has reviewed the quarterly report and is assured by Chairman Dai Hu-liang, Mr. Wong Wing Chung, Chairman and President, and Mr. Wang Wah, Chief Financial Officer, as to the accuracy, and completeness of financial information. This report is unaudited. China Petroleum emphasized that it will continuously optimize production operations and product structure and promote new energy business development to achieve stable growth.