Sinopec Engineering: The newly signed contracts worth 92.471 billion yuan from January to June 2026, a year-on-year increase of 25.98%.
China Oil Engineering announced that from January to June 2026, the company's total newly signed contracts amounted to 92.471 billion yuan, an increase of 25.98% year-on-year. Among them, the new contract amount for June was 12.224 billion yuan, with one contract signed for a project exceeding 1 billion yuan. By market region, the new contract amounts for the domestic and foreign markets were 52.279 billion yuan and 40.192 billion yuan respectively. In terms of professional fields, contracts were signed for oilfield surface engineering, pipeline and storage and transportation engineering. The project with a single contract exceeding 1 billion yuan in June was the Shanxi Yanchang Zhongmei Yulin energy and chemical project, involving 1.338 billion yuan. There may be risks in the future in terms of revenue not matching the amount of contracts fulfilled.
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