According to the CNPC Engineering announcement, from January to June 2026, the company signed a total of 92,471 billion yuan of new contracts, an increase of 25.98% over the previous year. Of these, a new contract amount of 12.224 billion yuan was signed in June, and 1 project contract of more than 1 billion yuan was signed. According to the market area, the amount of new contracts signed in the domestic and foreign markets was 52.279 billion yuan and 40.192 billion yuan respectively; by field of expertise, oil and gas field ground engineering, pipeline, storage and transportation engineering were all contracted. In June, a single contract exceeding 1 billion yuan was the extension of the China Coal Yulin Energy and Chemical Project in Shaanxi, involving an amount of 1,338 billion yuan. Future revenue does not match the contract amount, and the execution of the contract is at risk.

Zhitongcaijing · 2d ago
According to the CNPC Engineering announcement, from January to June 2026, the company signed a total of 92,471 billion yuan of new contracts, an increase of 25.98% over the previous year. Of these, a new contract amount of 12.224 billion yuan was signed in June, and 1 project contract of more than 1 billion yuan was signed. According to the market area, the amount of new contracts signed in the domestic and foreign markets was 52.279 billion yuan and 40.192 billion yuan respectively; by field of expertise, oil and gas field ground engineering, pipeline, storage and transportation engineering were all contracted. In June, a single contract exceeding 1 billion yuan was the extension of the China Coal Yulin Energy and Chemical Project in Shaanxi, involving an amount of 1,338 billion yuan. Future revenue does not match the contract amount, and the execution of the contract is at risk.