Anton Oilfield Services Group reported Q3 2025 new orders of approximately RMB1,272.9 million, a 14.4% decrease year-on-year. The Iraq market achieved RMB542.2 million in new orders, an 8.4% increase, while other overseas regions recorded RMB160.6 million, a 54.4% decline. In China, new orders reached RMB570.1 million, registering a 10.2% decrease.

At the end of September 2025, total order backlog stood at approximately RMB16,372.1 million. Of this, the Iraq market accounted for around 43.1%, other overseas regions represented 9.5%, and the China market contributed 47.4%.

During the quarter, the company continued to focus on lean operations and efficient project delivery. The Dhufriyah Oilfield Development Project reached important milestones through joint management committee meetings, setting the groundwork for further development. In other overseas regions, the company’s chemical products business entered the South American market for the first time. In China, it continued to pursue high-quality projects in reservoir studies, production enhancement, and operational efficiency.

Management efforts emphasized global strategy alongside internal process upgrades. The newly launched Dubai Global Operations Center will serve as a resource hub for global coordination and collaboration. Internal improvements included an enhanced human resources framework, organizational restructuring, and updated management systems aimed at strengthening the company’s operational foundation.

Looking toward the fourth quarter of 2025, the company plans to solidify global expansion and continue refining its technology solutions, especially in digital and intelligent oilfield services. It intends to expand its presence in the Middle East, Africa, Southwest Asia, and other regions, while identifying large-scale, long-term projects in China. Human resources and financial management systems will also be reinforced to ensure stable development under a fluctuating global energy market.

According to the announcement, all forward-looking statements are based on current market conditions, and the final business performance may differ owing to various external factors. The data provided is unaudited and for reference only, and investors should interpret the information with caution.