PDF《中国石油天然气股份有限公司》

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1 中国石油天然气股份有限公司 PETROCHINA COMPANY LIMITED (a joint stock limited company incorporated in the People'

s Republic of China with limited liability) (Hong Kong Stock Exchange Stock Code:

857 Shanghai Stock Exchange Stock Code: 601857) Results Announcement for the year ended December 31,

2017 (Summary of the

2017 Annual Report)

1 Important Notice 1.1 This Results Announcement is a summary of the full version of the

2017 Annual Report. To get a full understanding of the operating results, financial position and future development plans of PetroChina Company Limited (the Company ), investors should read the full version of the

2017 Annual Report carefully. The full version of the

2017 Annual Report is published on the websites of the Shanghai Stock Exchange (website: http://www.sse.com.cn), The Stock Exchange of Hong Kong Limited (the Hong Kong Stock Exchange ) (website: http://www.hkex.com.hk) and the Company (website: http://www.petrochina.com.cn). 1.2 The Board of Directors (the Board or Board of Directors ) of the Company, the Supervisory Committee and the Directors, Supervisors and senior management of the Company warrant the truthfulness, accuracy and completeness of the information contained in the annual report and that there are no material omissions from, or misrepresentation or misleading statements contained in the annual report, and jointly and severally accept full responsibility thereof. 1.3 Except that Mr. Yu Baocai, a non-executive Director and Mr. Duan Liangwei, a non-executive Director were absent from the first meeting of the Board in 2018, other Directors have attended the first meeting of the Board in 2018. 1.4 The financial statements of the Company and its subsidiaries (the Group ) have been prepared in accordance with China Accounting Standards ( CAS ) and International Financial Reporting Standards ( IFRS ), respectively. The financial statements of the Group for 2017, which have been prepared in accordance with CAS and IFRS, have been audited by KPMG Huazhen LLP and KPMG Certified Public Accountants, respectively. Both firms have issued

2 unqualified opinions on the financial statements. 1.5 Corporate Information The Company was established as a joint stock company with limited liability under the Company Law of the People'

s Republic of China (the PRC or China ) on November 5,

1999 as part of the restructuring of China National Petroleum Corporation ( CNPC ). On December 19, 2017, 中国石油天然气集团公司, the Chinese name of CNPC was changed into 中国石油 天然气集团有限公司 ( CNPC before and after the change of name). Please see the announcement made by the Company on the Shanghai Stock Exchange numbered as Lin 2017-050 for details. The Group is the largest oil and gas producer and seller occupying a leading position in the oil and gas industry in the PRC and one of the largest companies in the PRC in terms of revenue and one of the largest oil companies in the world. The Group principally engages in, among others, the exploration, development, production and sales of crude oil and natural gas;

the refining of crude oil and petroleum products;