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Zhongman Petroleum: Zhongman Petroleum Announces a Forecast of Decline in First-Half 2026 Results
Zhongman Petroleum (603619.SH): Net profit for the first half of the year is expected to decline by 64.68%–70.46% year-on-year.
Gelonghui, July 14 — Zhongman Petroleum (SHA: 603619) announced that, based on preliminary estimates by its finance department, the company expects net profit attributable to shareholders of the listed company for the first half of 2026 to be in the range of RMB 88.6837 million to RMB 106.0348 million, representing a year-on-year decrease of 64.68% to 70.46%. The company also expects net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, for the first half of 2026 to be in the range of RMB 88.1563 million to RMB 105.4043 million, representing a year-on-year decrease of 63.81% to 69.73%. In the first half of 2026, the company produced 47.3
A-Share Market Close: SSE Composite Index Rises 1.36%! Oil & Gas and PCB Sectors Surge, Commercial Space Sector Continues to Retreat
On July 14, A-share markets staged a V-shaped rebound. The Shanghai Composite Index rose 1.36% to close at 3,967.13 points, the Shenzhen Component Index gained 2.77%, the ChiNext Price Index advanced 3.43%, the Beijing Stock Exchange 50 Index increased by 2.25%, and the STAR 50 Index climbed 0.77%. Total market turnover amounted to RMB 2.7195 trillion, down RMB 115.2 billion from the previous trading day, with more than 4,200 stocks advancing across the market. On the sector front, escalating tensions in the Middle East and a sharp surge in international oil prices drove gains in the oil and gas sector, with Tongyuan Petroleum and Zhongman Petroleum hitting their daily trading limits. The PCB sector saw a wave of limit-up performances, as Shengyi Technology, Wus Printed Circuit, and Dongshan Precision all reached their daily highs. The precious metals sector also rose, with Chifeng...
Express News | 14:00 Quick Take: Significant divergence between the yellow and white lines; trading volume expanded in the afternoon.
Express News | The oil and gas sector continued to rise, with Zhongman Petroleum hitting its daily trading limit.
A-Share Market Movement | Trump Blocks Strait, Oil Prices Surge, Oil and Gas Stocks Rise Against the Trend; Taishan Petroleum and Lanyan Holdings Hit Daily Trading Limits
Gelonghui, July 14 | Oil and gas stocks in China's A-share market rose against the broader market trend. Among them, Keli Co., Ltd. surged 17%, Tongyuan Petroleum gained 12%, Taishan Petroleum and Lan焰 Holding hit the 10% daily trading limit, Zhongman Petroleum rose over 9%, Qianeng Hengxin climbed over 8%, Hainan Mining, Shouhua Gas, and Xinchao Energy each advanced over 7%, while Sinopec Oilfield Services, Baoli International, and COSL all rose more than 4%. On the news front, escalating geopolitical tensions between the U.S. and Iran, coupled with Trump’s announcement of a blockade on the Strait of Hormuz, have sparked concerns over potential energy supply disruptions, driving a sharp rally in international oil prices. After closing up 9% yesterday, WTI crude oil futures rose nearly another 3% intraday today to $80.42 per barrel, reaching a new