China Petroleum & Chemical Corporation (Sinopec) achieved significant milestones in 2024, with operating revenue reaching 3.07 trillion yuan and a profit of 48.94 billion yuan. The company's strategic projects, including the Hai 301 well in the Beibu Gulf Basin, have led to remarkable oil and gas production levels. Sinopec emphasized shareholder returns, unveiling plans for dividend payments and market value management strategies. In terms of production, Sinopec reported record highs in oil and gas equivalents, crude oil processing, kerosene production, and more. The company is actively expanding its presence in renewable energy, with initiatives in hydrogen mobility, biofuels, and carbon capture. Sinopec is also at the forefront of innovation, with patents and projects in hydrogen production and smart factories. Embracing sustainability, the company is implementing green enterprise programs and carbon capture initiatives. Looking ahead, Sinopec aims for high-end, high-quality, intelligent, and green development, aligning with global efforts for sustainable growth.