MI能源2025年报

CONTENTS目錄 25691221406494112121124126127128Company Information公司資料Financial Summary財務摘要Operating Summary營運摘要Chairman’s Statement主席報告書Directors and Senior Management董事及高級管理層Corporate Governance Report企業管治報告Report of the Directors董事會報告Environmental, Social and Governance Report環境、社會及管治報告Management Discussion and Analysis管理層討論及分析Independent Auditor’s Report獨立核數師報告Consolidated Statement of Financial Position合併財務狀況表Consolidated Statement of Comprehensive Income合併綜合收益表Consolidated Statement of Changes in Equity合併權益變動表Consolidated Statement of Cash Flows合併現金流量表Notes to the Consolidated Financial Statements合併財務報表附註 Company Information公司資料 BOARD OF DIRECTORS 趙江巍先生林瑋瑭先生（於二零二五年五月一日辭任）黃耀驅先生（於二零二五年五月一日獲委任） Executive Directors Mr. Zhao JiangweiMr. Lam Wai Tong(resigned with effect from May 1, 2025)Mr. Wong Yiu Kui(appointed with effect from May 1, 2025) 張瑞霖先生（主席）韓燁先生閆瑞冰先生 Non-executive Directors Mr. Zhang Ruilin(Chairman)Mr. Han YeMr. Yan Ruibing 梅建平先生廖英順先生楊日泉先生彭萍女士艾民先生 Independent Non-executive Directors Mr. Mei JianpingMr. Liu Ying ShunMr. Yeung Yat ChuenMs. Peng PingMr. Ai Min REGISTERED ADDRESS Maples Corporate Services LimitedP.O. Box 309Ugland HouseGrand Cayman KY1-1104Cayman Islands Maples Corporate Services LimitedP.O. Box 309Ugland HouseGrand Cayman KY1-1104Cayman Islands PRINCIPAL PLACE OF BUSINESS IN HONG KONG 香港灣仔港灣道30號新鴻基中心19樓1901–1907室 Room 1901–1907, 19/FSun Hung Kai30 Harbour RoadWan ChaiHong Kong BEIJING OFFICE 中華人民共和國（「中國」）北京朝陽區北辰東路8號北辰時代大廈1301–1306室郵編100101 Room 1301–1306North Star Times TowerNo. 8 North Star East RoadChaoyang District, BeijingThe People’s Republic of China (the“PRC”)100101 公司資料（續）Company Information(Continued) LISTING INFORMATION 香港聯合交易所有限公司（「聯交所」）股份代號：01555 Stock Listing The Stock Exchange of Hong Kong Limited(the“Stock Exchange”)Stock Code: 01555 本公司於二零二八年到期的優先票據於新加坡證券交易所有限公司上市 Senior Notes Listing The Company’s senior notes due 2028 listed onthe Singapore Exchange Securities Trading Limited WEBSITE ADDRESSwww.mienergy.com.cn www.mienergy.com.cn 謝鳳心女士 COMPANY SECRETARYMs. Tse Fung Sum Flora 張瑞霖先生趙江巍先生 AUTHORIZED REPRESENTATIVESMr. Zhang RuilinMr. Zhao Jiangwei MEMBERS OF AUDIT COMMITTEE 廖英順先生（主席）楊日泉先生艾民先生梅建平先生彭萍女士 Mr. Liu Ying Shun(Chairman)Mr. Yeung Yat ChuenMr. Ai MinMr. Mei JianpingMs. Peng Ping MEMBERS OF REMUNERATION COMMITTEE 梅建平先生（主席）艾民先生彭萍女士 Mr. Mei Jianping(Chairman)Mr. Ai MinMs. Peng Ping 梅建平先生（主席）艾民先生彭萍女士 MEMBERS OF NOMINATION COMMITTEE Mr. Mei Jianping(Chairman)Mr. Ai MinMs. Peng Ping Ryder Scott Company, L.P. INDEPENDENT TECHNICAL CONSULTANTSRyder Scott Company, L.P. 公司資料（續）Company Information(Continued) INDEPENDENT AUDITOR 香港立信德豪會計師事務所有限公司執業會計師註冊公眾利益實體審計師香港干諾道中111號永安中心25樓 BDO LimitedCertified Public AccountantsRegistered Public Interest Entity Auditor25th Floor, Wing on Centre111 Connaught Road CentralHong Kong LEGAL ADVISERS TO THE COMPANY 競天公誠律師事務所（中國法律）Maples and Calder（開曼群島法律）郭葉陳律師事務所（香港法律） Jingtian & Gongcheng Law Firm (As to PRC law)Maples and Calder (As to Cayman Islands law)Kwok Yih & Chan (As to Hong Kong law) PRINCIPAL BANKERS 花旗銀行中國建設銀行股份有限公司 Citibank, N.A.China Construction Bank Corporation Limited 亞太評估諮詢有限公司 VALUER Asia-Pacific Consulting and Appraisal Limited CAYMAN ISLANDS PRINCIPAL SHARE REGISTRARAND TRANSFER OFFICE Maples FS LimitedP.O. Box 1093, Queensgate HouseGrand CaymanKY1-1102Cayman Islands Maples FS LimitedP.O. Box 1093, Queensgate HouseGrand CaymanKY1-1102Cayman Islands HONG KONG BRANCH SHARE REGISTRAR ANDTRANSFER OFFICE 卓佳證券登記有限公司香港夏愨道16號遠東金融中心17樓 Tricor Investor Services Limited17/F, Far East Finance Centre16 Harcourt RoadHong Kong Financial Summary財務摘要 (Amounts expressed in thousands of RMB) CONSOLIDATED STATEMENT OFCOMPREHENSIVE INCOME (AUDITED) CONSOLIDATED STATEMENT OF FINANCIALPOSITION (AUDITED) As at December 31 營運摘要OperatingSummary 附註：採油成本包括生產一桶石油之直接可控制成本。其他生產成本如安全費、環境費用、技術及 研 究 開 支 以 及 管 理 費 用 等 並 不 包 括 在 內，原因是該等成本並非一桶石油的直接成本。 營運摘要（續）OperatingSummary(Continued) 營運摘要（續）OperatingSummary(Continued) 主席報告書Chairman’s Statement 致各位尊敬的股東， Dear Shareholders, On behalf of the board of directors (the“Board of Directors”) ofMIE Holdings Corporation (“MIE”or the“Company”, togetherwith its subsidiaries, the“Group”), I hereby present the annualreport (the“Annual Report”) of the Group for the year endedDecember 31, 2025. 本人謹代表MI能源控股有限公司（以下簡稱「MI能源控股」或者「本公司」，與其子公司 並 稱「本 集 團」）董 事 會（「董 事 會」）提 呈本集團截至二零二五年十二月三十一日止的年度報告（「年報」）。 The Group signed a modification and supplemental agreementof the petroleum development and production contract for DaanOilfield (“Supplemental PSC”) on June 4, 2020, conditionallyextending the production period to February 29, 2028. As atDecember 31, 2022, the Group has completed the drilling ofthe 268 new wells and satisfied the conditions several monthsahead of the deadline contemplated in the Supplemental PSC.On February 24, 2023, the Group obtained approval from ChinaNational Petroleum Corporation extending the expiry date ofDaan PSC from December 31,