Axyou ea
2026lnterimResu:IS énnouncement
Performance Overview
Middle East tension pressured project execution and receivables' collection, impacting profit and cash flow, while revenue remained stable.
Revenue Profit Attributable to Equity Holders Free Cash Flow
(RMB million) (RMB million) (RMB million)
2,631.1
1.9%
2,682.2
165.1
36.6%
104.6
173.0
239.7%
-241.7
2026
2025
2025 2026 2025 2026
2
Review of H1 results
Contents Outlook of H23
Q&APerformance Highlights
Global Market Expansion with Breakthroughs in the Middle East and North Africa
Dhufriyah Project Advances as Planned with Promising Initial Well Testing Results
Expanding Green Energy Infrastructure with Heavy-Duty EV Charging Hub Development
T-ALL Inspection Enters Substantive IPO Filing Stage, Accelerating Value Realisation
Ample Cash Reserves Ensuring Operational Resilience and Supporting Long-Term Growth
Enhancing Shareholder Returns through Dividends, Share Buybacks and Increase Shareholdings
4
Global Market Expansion with Breakthroughs in the Middle East and North Africa
Kuwait Major Asset-Light Project Award: US$113 Million Oil & Gas Facility Operations and Maintenance Services
Kuwait
JPF Integrated Operations & Maintenance Project
Entry into the Premium Energy Services Market
Algeria
Entry into the Core North Africa Oil & Gas Development Market
Qualification as Oil & Gas Block Operator and Investor
5
Dhufriyah Project Advances as Planned with Promising Initial Well Testing Results
Steady Operations Despite Regional Challenges
Overcoming regional challenges and completing drilling and workover operations
Positive Oil and Gas Shows Across Multiple Reservoir Layers
Positive oil and gas indications confirmed across five reservoir intervals
Advancing Digital Intelligence Capabilities
ERP implementation and 5D Oilfield framework enhancing operational efficiency
6
Expanding Green Energy Infrastructure with Heavy-Duty EV Charging Hub Development
Key Transportation Corridor for Coal Transportation into Gansu
13 heavy-duty EV charging stations · Covering approximately 700 km of transport corridors · Simultaneously Serving thousands of heavy-duty trucks
Project Value
≥RMB 1 Billion
XIN JIANG
Estimated Cumulative Contract Revenue
Investment + Construction + Operation
Integrated Business Model
GAN SU
7
Traditional Energy Supply
LNG / Diesel
*
Heavy-Duty EV Charging Network
Green Power Supply
T-ALL Inspection Enters Substantive IPO Filing Stage, Accelerating Value Realisation
Third-Party Inspection, Testing & Certification Provider
IPO Listing
Asset Securitization
Value Realization
Unlock Independent Value Recognition
Submitted IPO Application to HKEX
Building a New Growth Platform for the Group
No.1
Independent Professional Inspection Provider
China Oil & Gas TIC Market
10+
Presence Across 10+ Countries and Regions
Independent financing channel
TIC Council Member
8
One of the Few Members in China
Strong Cash Position Ensuring Operational Resilience and Supporting Long-Term Growth
Robust Liquidity Position
RMB
Billion +
RMB Billion
Cash and Cash Equivalents Undrawn Banking Facilities
Diversified Funding Sources Enabling Long-Term Expansion
01Bank Financing
Deepening partnerships with financial institutions to support project investment and business expansion
02
Capital Markets
Enhancing capital market capabilities and strengthening access to long-term funding and strategic investment
03
Industrial Capital
Connecting with industry funds and strategic resources to accelerate key projects and ecosystem collaboration
9
Enhancing Shareholder Returns through Dividends, Share Buybacks and Share Purchases
Enhancing shareholder returns through share buybacks, dividends and share purchases.
57.2 million sharesrepurchased in 1H
RMB104 million
dividends paid for FY2025
18.9 million sharespurchased by the Chairman
10
Review of H1 results Contents
Outlook of H2
11
Q&AOutlook of H2
Strategic Upgrade Leveraging Energy Ecosystem to Expand Green Energy Business
Leveraging HK.3337 as a Listed Platform to Drive Ecosystem-Based Growth
Employee Share Ownership Program Fostering Entrepreneurship and Long-Term Value Creation
Continuous globalization expansion and dispersion of local geopolitical risks
Identifying High-Quality Assets through Contrarian Investments and Advancing the Dhufriyah Project Milestones
Strengthening Comprehensive Risk Management to Support Long-Term Sustainable Growth
12
Strategic Upgrade Leveraging Energy Ecosystem to Expand Green Energy Business
2026-2030
A Globally Leading Provider of Green and Efficient Solutions for Oil & Gas Development
Beyond 2030
A Globally Leading Green Energy Technology Company
1999 2025 2030
Oil & Gas Foundation Enabling Green Growth Opportunities
Green Exploration & Production Green Energy Storage
Green Operations & Maintenance
Accumulated Capabilities in Oil & Gas Development Scenarios
Customer Base Application Scenarios Ecosystem Partners
Capability Transfer
Partnering with Customers inTheir Green Transformation
Business Evolution and Market Expansion
13
Leveraging HK.3337 as a Listed Platform to Drive Ecosystem-Based Growth
3337.HK
Energy Industry Ecosystem Platform
Resource Enablement · Ecosystem Collaboration · Long-Term Incubation
01 Traditional Advantage Business
Integrated Oilfield Technical Services
Engineering | Reservoir Enhancement| Ecosystem Partnerships
| Technical Service Operator
02 Growth Businesses
Intelligent Management Services
Energy Project Mgt. |Third-Party Inspection | Digital Energy
03 Emerging Growth Businesses
Energy Asset Operation Business
Oil & Gas Resources | Natural Gas Infrastructure & New Energy
14
Employee Share Ownership Program Fostering Entrepreneurship and Long-Term Value Creation
01 Long-Term Equity Incentive Plan
Employee Share Ownership Program
Aligned Interests · Shared Value Creation
02 Senior Management Share
Purchase Plan
03 Partnership Plan
Employee Incentives
Organizational Agility
Sustainable Business Growth
15
Continuous globalization expansion and dispersion of local geopolitical risks
Long-Term Growth Markets
Innovation & Green Expansion
China
Develop Green Energy Services Capture Infrastructure Opportunities
Emerging Growth Market
Southeast Asia
Expand Regional Energy Market Presence
Strategic Focus Market
Middle EastAwaiting Recovery Cycle Unlocking Growth Potential
Capturing Growth Opportunities and Expanding Large-Scale Projects
Global Energy Markets
Scalable Capabilities · Cross-Regional Expansion
Strategic Expansion · Resources
North Africa
Expand Oil & Gas Resource Opportunities
16
Identifying High-Quality Assets through Contrarian Investments and Advancing the Dhufriyah Project Milestones
Non-Consensus Oil & Gas Investment Value Creation Chain Dhufriyah Project - Accelerating Resource Discovery and Value Creation
01
Global Oil & Gas Information Asymmetry
Market Perception Gaps Create Value Opportunities
02
Identifying Undervalued Asset Opportunities
Early Positioning in High-Quality Undervalued Oil & Gas Blocks
03
Integrated Capability Advantage
Integrated Geological, Technical, Operational and Commercial Capabilities
04
Resource Value Reassessment
Creating Long-Term Growth Potential
Resource Potential Assessment
Deepening Geological Studies and Enhancing Resource Understanding
Development Plan Optimization
Completing Technical Evaluation and Refining Development Pathways
Continuous Value Enhancement
Unlocking Block Resource Potential
17
Strengthening Comprehensive Risk Management to Support Long-Term Sustainable Growth
External Pressures · Geopolitical Tensions
Global Footprint
Reducing Regional Concentration Risk
Long-Term Value Creation
Business Structure Transformation
Building Multiple Growth Engines
Capital Strength
Supporting Strategic Growth Investments
Cycle-Resilient Capability System
Efficient Governance
Enhancing Organizational Agility
18
Review of H1 results Contents Outlook of H2
19
Q&A
