[Press Release] SEG Announces 20223Annual Results -4-

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[Press Release] SEG Announces 20223Annual Results -4-
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DJ [Press Release] SEG Announces 20223Annual Results EQS Newswire / 17/03/2024 / 23:20 UTC+8 Press Release (For immediate release) SEG Announces 20223Annual Results Value of New Contracts

SEG Announces 20223Annual ResultsProvide Solid Results and Returns for Shareholders

sources. We won the bidding of large-scale factory design and general contracting projects from customers outside our domestic system such as Huajin AMI and CNOOC & Shell. Overall, the current business layout of the Company is in line with the global industry trend, has met our development expectations and realized the development idea and operating results of the Company to"Go Global" and"Go Up".

During the Reporting Period, the value of new contracts signed by the Group was RMB80.252 billion, representing an increase of 10.7% on a year-on-year basis. -- PetroChina Jihua Transformation and Upgrading Project was in the construction and installationstage, and the overall progress was over 40%. -- Algeria LNG/MTBE Project was in the stage of construction, and the overall progress was over 40%.

During the Reporting Period, the Group had 797 new patent applications, among which, 574 were invention patents, accounting for 72%; the Group also had 462 newly licensed patents, 233 of which were invention patents, accounting for 50.4%, patent quality has been continuously optimized. During the Reporting Period, focusing on the transformation of traditional technologies and the"dual carbon" target, the Group made significant breakthrough in engineering transformation.

In 2024, the Group will continue to enhance our core competitiveness, further increase the pace of internationalization of business while strengthening and enlarging our traditional business, do a good job in technology research and development in a forwardlooking manner, continue to enhance the green and low-carbon competitiveness of the whole industrial chain, continuously improve our project fulfillment capability, and strive for high level of business performance.

For the twelve months ended 31 Items December Changes over the same period of 2022 2023 2022 Revenue 56,220,641 53,028,139 6.0 Gross profit 5,612,797 5,612,325 0.0 Operating profit 1,726,775 1,180,813 Profit before taxation 2,764,053 2,762,276 0.1 Net profit attributable to equity holders of the 2,335,445 2,285,103 2.2 Company Basic earnings per share 0.53 0.52 2.2 Net cash flow generated from operating activities 2,516,756 6,809,048 Net cash flow generated from operating activities per 0.57 1.

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