SINOPEC Engineering (Group) Co., Ltd. (Stock Code: 2386) Announces Strong Growth in New Contracts and Backlog

Bulletin Express

Oct 17

SINOPEC Engineering (Group) Co., Ltd. (Stock Code: 2386) disclosed that for the nine months ended 30 September 2025, new contracts totaled RMB91.347 billion, representing a 24.4% increase compared to RMB73.457 billion for the same period in 2024. As of 30 September 2025, backlog stood at RMB215.470 billion, reflecting a 24.8% rise from RMB172.677 billion at 31 December 2024.

Within the January–September 2025 period, EPC contracting contributed the largest share of new contract value, reaching RMB66.720 billion. Oil refining and petrochemical projects accounted for a significant proportion of total contract value, while overseas business made up around 40.3% of newly signed projects. Contracts with Sinopec Group and its associates amounted to RMB49.161 billion, and those with other entities amounted to RMB42.186 billion.

During the three months ended 30 September 2025, the Group secured representative EPC contracts, including a RMB3.325 billion deal with Sinopec (Henan) Refining & Chemical Co., Ltd. for an ethylene and related facilities project, a RMB1.331 billion contract with Shaanxi Yulin Energy Fine Chemical Materials Co., Ltd. for a high-end chemicals unit, and a USD707 million agreement with Saudi Aramco for the Haradh GOSP-3 Oil-Gas Separation and Production Enhancement Project.

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(Stock Code: 2386) disclosed that for the nine months ended 30 September 2025, new contracts totaled RMB91.347 billion, representing a 24.4% increase compared to RMB73.457 billion for the same period in 2024. As of 30 September 2025, backlog stood at RMB215.470 billion, reflecting a 24.8% rise from RMB172.677 billion at 31 December 2024.</p>\n<p>Within the January–September 2025 period, EPC contracting contributed the largest share of new contract value, reaching RMB66.720 billion. Oil refining and petrochemical projects accounted for a significant proportion of total contract value, while overseas business made up around 40.3% of newly signed projects. 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(Stock Code: 2386) Announces Strong Growth in New Contracts and Backlog\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2025-10-17 16:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SINOPEC Engineering (Group) Co., Ltd. (Stock Code: 2386) disclosed that for the nine months ended 30 September 2025, new contracts totaled RMB91.347 billion, representing a 24.4% increase compared to RMB73.457 billion for the same period in 2024. As of 30 September 2025, backlog stood at RMB215.470 billion, reflecting a 24.8% rise from RMB172.677 billion at 31 December 2024.</p>\n<p>Within the January–September 2025 period, EPC contracting contributed the largest share of new contract value, reaching RMB66.720 billion. Oil refining and petrochemical projects accounted for a significant proportion of total contract value, while overseas business made up around 40.3% of newly signed projects. Contracts with Sinopec Group and its associates amounted to RMB49.161 billion, and those with other entities amounted to RMB42.186 billion.</p>\n<p>During the three months ended 30 September 2025, the Group secured representative EPC contracts, including a RMB3.325 billion deal with Sinopec (Henan) Refining & Chemical Co., Ltd. for an ethylene and related facilities project, a RMB1.331 billion contract with Shaanxi Yulin Energy Fine Chemical Materials Co., Ltd. for a high-end chemicals unit, and a USD707 million agreement with Saudi Aramco for the Haradh GOSP-3 Oil-Gas Separation and Production Enhancement Project.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02386","symbol_name":"中石化炼化工程","start_time":0,"source_url":"","article_id":"1182409152","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1182409152","pubTimestamp":1760691119,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"SINOPEC Engineering (Group) Co., Ltd. (Stock Code: 2386) disclosed that for the nine months ended 30 September 2025, new contracts totaled RMB91.347 billion, representing a 24.4% increase compared to...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02386":"中石化炼化工程"},"translate_title":"中国石化工程（集团）股份有限公司（股票代码：2386）宣布新合同和积压订单强劲增长","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02386":1},"content_text":"SINOPEC Engineering (Group) Co., Ltd. (Stock Code: 2386) disclosed that for the nine months ended 30 September 2025, new contracts totaled RMB91.347 billion, representing a 24.4% increase compared to RMB73.457 billion for the same period in 2024. As of 30 September 2025, backlog stood at RMB215.470 billion, reflecting a 24.8% rise from RMB172.677 billion at 31 December 2024.\nWithin the January–September 2025 period, EPC contracting contributed the largest share of new contract value, reaching RMB66.720 billion. 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Contracts with Sinopec Group and its associates amounted to RMB49.161 billion, and those with other entities amounted to RMB42.186 billion.\nDuring the three months ended 30 September 2025, the Group secured representative EPC contracts, including a RMB3.325 billion deal with Sinopec (Henan) Refining & Chemical Co., Ltd. for an ethylene and related facilities project, a RMB1.331 billion contract with Shaanxi Yulin Energy Fine Chemical Materials Co., Ltd. for a high-end chemicals unit, and a USD707 million agreement with Saudi Aramco for the Haradh GOSP-3 Oil-Gas Separation and Production Enhancement Project.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}