Shandong Xinchao Energy Corporation (600777) News

*ST Xinchao (600777.SH): Currently, there is no registration for participation in Venezuela's oil extraction-related plans.

Gelonghui, May 12th: *ST Xinchao (600777.SH) stated on the interactive platform that the company has not registered to participate in any related plans for oil extraction in Venezuela, nor does it have any plans to transport oil back to China for processing and sales. The company issued an announcement on August 18, 2025: 'Clarification Announcement of Shandong Xinchao Energy Co., Ltd.' (Announcement No.: 2025-086), stating that neither the company nor its subsidiaries currently have any plans for oil import or export.

Gelonghui FinanceMay 12 16:29

Shandong Xinchao Energy's Attributable Profit Slides 76% in Q1

MT NewswiresApr 24 18:05

*ST Xinchao: 2025 Annual Report

SZSIApr 24 00:00 · Announcements

*ST Xinchao: Summary of the 2025 Annual Report

SZSIApr 24 00:00 · Announcements

*ST Xinchao: First Quarter Report for 2026

SZSIApr 24 00:00 · Announcements

Annual Report 2025

SZSIApr 24 00:00 · Announcements

Summary of the 2025 Annual Report

SZSIApr 24 00:00 · Announcements

First Quarter Report for 2026

SZSIApr 24 00:00 · Announcements

*ST Xinchao (600777.SH): Net profit attributable to shareholders in 2025 was RMB 1.207 billion, a year-on-year decrease of 40.69%.

Gelonghui, April 23rd - *ST Xinchao (600777.SH) announced its annual report for 2025. During the reporting period, the company achieved operating revenue of 7.274 billion yuan, representing a year-on-year decrease of 13.01%. The net profit attributable to shareholders of the listed company was 1.207 billion yuan, reflecting a year-on-year decline of 40.69%.

Gelonghui FinanceApr 23 21:24

Xinchao Technology (600777.SH): Net profit attributable to shareholders in the first quarter of 2026 was RMB 143 million, representing a year-on-year decrease of 75.82%.

Gelonghui reported on April 23 that *ST Xinchao (600777.SH) announced its Q1 2026 financial report. During the reporting period, the company achieved operating revenue of 1.517 billion yuan, a year-on-year decrease of 29.85%; net profit attributable to shareholders of the listed company was 143 million yuan, a year-on-year decrease of 75.82%.

Gelonghui FinanceApr 23 21:22

Warnings of continuously rising oil prices have emerged, but why has the U.S. stock market remained unfazed?

Oil prices have experienced significant volatility due to the situation in Iran, yet US equities have defied the trend by reaching new record highs—this rare 'decoupling' phenomenon is underpinned by a strong earnings season and option structures that have created a 'paper prosperity.' However, market breadth has narrowed to its lowest level since the dot-com bubble, with the VIX climbing back above 20. The entire rally is based on the single assumption that 'conflicts will eventually be resolved.' Should a ceasefire collapse, this sandcastle will crumble.

wallstreetcnApr 23 14:27

JPMorgan warned: If the Strait of Hormuz does not fully resume operations until July, oil prices could soar to $120.

①JPMorgan recently stated that if shipping through the Strait of Hormuz does not fully resume until July, international oil prices may retest the peak level of nearly $120 per barrel seen during this round of U.S.-Iran tensions. ②The bank noted that current market pricing reflects expectations for a swift recovery in shipping through the Strait of Hormuz: traffic is expected to return to half of normal levels by May and fully recover by June.

cls.cnApr 11 10:12

Express News | Xinchao Technology: The company's daily operations are currently normal, with no significant changes.

BreakingsMar 25 19:11

Xinchao Technology hits a record high.

Gelonghui reported on March 20 that *ST Xinchao (600777.SH) rose by 0.18%, closing at 5.650 yuan, hitting a record high in its share price. The company's total market capitalization reached 38.423 billion yuan.

Gelonghui FinanceMar 20 09:34

Can multilateral escort operations enable Trump to 'secure' the Strait of Hormuz?

Trump vowed to reopen the Strait of Hormuz, which has been blocked by Iran, but military experts warn that whether through maritime escort operations or ground seizure, it would require the deployment of thousands of troops over several months and still fail to completely eliminate the threat — restoring confidence in shipping and the insurance industry remains the ultimate threshold for normal oil flow to resume. Trump and Defense Secretary Pete Hegseth have repeatedly pledged to dispatch warships to escort tankers through the strait. On Thursday, Trump stated that the escort operation would commence "soon"; on Friday, he ordered a Marine Expeditionary Unit, equipped with fighter jets, vessels, and approximately 2,200 marines, to the Middle East; on Saturday, he made further comments on social media.

wallstreetcnMar 16 07:45

Goldman Sachs raises oil price forecast: If the Strait of Hormuz is blocked until the end of March, oil prices may exceed the 2008 peak.

①Goldman Sachs has raised its forecasts for Brent crude oil and WTI crude oil prices in Q4 2026, citing the potential for a longer disruption to oil shipments through the Strait of Hormuz; ③Goldman Sachs warned that if the Strait of Hormuz remains blocked until the end of March, international oil prices could surpass the 2008 peak.

cls.cnMar 12 15:30

Express News | Member countries of the International Energy Agency have agreed to release 400 million barrels of oil reserves.

BreakingsMar 11 22:06

Express News | Global energy security upgrades as G7 signals 'oil reserve release' to curb energy inflation.

BreakingsMar 11 15:51

Express News | Focus Media: Response to the Shenzhen Stock Exchange's Inquiry Letter Regarding the Acquisition of 90.02% Equity in New Chao Media

BreakingsMar 3 19:30

Express News | *ST Xinchao: The main business involves the exploration, development, and sales of oil and natural gas. Current daily operations remain normal.

BreakingsMar 3 18:26