HK Stock Market Move | ANTON OILFIELD (03337) rose more than 11% in the closing session, with a 73.4% year-on-year increase in new orders in the fourth quarter. The company has released a 25-year strategic roadmap.

ANTON OILFIELD (03337) rose more than 11% at the close. As of the time of writing, it rose 9.52% to HK$0.69, with a turnover of HK$1272.33 million. On the news front, ANTON OILFIELD announced that new orders in the fourth quarter of 2024 amounted to RMB 2.651 billion, an increase of 73.4% compared to the same period last year. Among them, new orders in the Iraqi market were approximately RMB 1.679 billion, an increase of 102.5% compared to the same period last year. The total orders in hand are approximately RMB 14.224 billion, with the Iraqi market accounting for around RMB 6.146 billion, or about 43.2% of the total orders in hand for the group. Additionally, the company announced its strategic guidelines for 2025. The group has set a strategic goal of achieving 10 times growth in 5 years by 2030 and has formulated specific action plans. At the same time, the group's strategic goal has been upgraded from being an "innovative, globally leading integrated oilfield technology company" to a "leading global company in green energy technology services".