证券代码：601800 证券简称：中国交建 公告编号：临 2025-020 中国交通建设股份有限公司 关于修订《公司章程》及相关议事规则的公告 中国交通建设股份有限公司（简称本公司或公司）董事会及全体董事保证本公告 内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性 和完整性承担法律责任。 为落实新修订的《中华人民共和国公司法》《上市公司章程指引》《上市公司股东会 规则》等法律法规及规范性文件的要求，结合公司实际情况，2025 年 4 月 27 日，公司 第五届董事会第四十八次会议，审议通过了《关于修订<中国交通建设股份有限公司章 程>的议案》《关于修订<中国交通建设股份有限公司股东会议事规则>的议案》《关于修 订<中国交通建设股份有限公司董事会议事规则>的议案》。现将《公司章程》及相关议 事规则的具体修订内容公告如下： 一、《公司章程》主要修订内容 《公司章程》主要修订内容如下，（章程修订对比表详见附件）： （一）删除或修改有关监事会、监事条款 （二）完善总则、法定代表人、股份发行等规定 一是新增"职工"作为公司章程维护权益的对象。二是更新公司注册资本。三是载 明法定代表人产生、变更 ...

中国交建（601800）公告，2025年第一季度营业收入为1546.44亿元，同比下降12.58%；净利润为54.67 亿元，同比下降10.98%。 ...

中国交建为中国领先的交通基建企业，围绕"大交通"、"大城市"，核心业务领域分别为基建建设、基建 设计和疏浚业务。公司具有稳定的盈利能力，2021年至2023年的营收、净利润持续双增长。2024年公司 实现营业收入7719.44亿元，同比增长1.74%；净利润233.84亿元，同比微降1.81%。 近年，聚焦关键核心技术与"卡脖子"领域，中国交建持续加大研发投入，完善科技创新体系建设多措并 举，大力实施创新驱动发展战略，持续推动公司向"科技型"世界一流企业迈进。 长江商报奔腾新闻记者注意到，为加强关键核心技术攻关，不断提升综合竞争力。2020年至2024年，公 司研发费用分别为200.94亿元、225.88亿元、234.75亿元、273.18亿元、259.98元，连续五年超200亿 元。 为提升投资者信心，维护公司股价稳定，4月22日，中国交建披露关于计划回购增持的提示性公告，公 司计划回购A股股份，回购股份的资金总额为5亿-10亿元，所回购股份将全部进行注销，资金来源为公 司自有资金、自筹资金等；中交集团计划增持中国交建H股股份，增持股份的资金总额为2.5亿-5亿元， 资金来源为中交集团自有资金。 长江商报奔 ...

★ 宏观动态 ★ 国务院国资委：推动央企强化资金统筹，确保及时付款 据新华社，记者21日从国务院国资委获悉，国务院国资委近日作出专门部署，要求中央企业主动作为、靠 前发力，强化资金统筹安排，确保及时付款，并可对中小企业小额款项、长账龄款项依法协商提前支付， 加力支持产业链上下游企业。据了解，国务院国资委此举旨在落实党中央、国务院相关部署，加强保障中 小企业款项支付，以畅通资金循环有效助力畅通国民经济循环，充分彰显中央企业责任担当。党中央、国 务院高度重视解决拖欠企业账款问题。党的二十届三中全会决定明确指出，健全涉企收费长效监管和拖欠 企业账款清偿法律法规体系。日前，修订后的《保障中小企业款项支付条例》公布，自2025年6月1日起 施行。3月28日，国务院常务会议审议通过《加快加力清理拖欠企业账款行动方案》。 服务业扩大开放新增9个试点城市 今天，国新办新闻发布会介绍，近日，国务院批复同意《加快推进服务业扩大开放综合试点工作方案》。 在过去十年的创新探索基础上，《工作方案》确定了试点扩围、分类推进新的试点任务等内容。为加快形 成更丰富多样的制度创新成果，进一步提高试点工作效率，此次试点任务在符合条件的地区全面铺 ...

Group 1 - The meeting between the leaders of Guangxi and China Communications Construction Group (CCCC) emphasizes the importance of Guangxi as a strategic gateway for cooperation with ASEAN and the Belt and Road Initiative [1] - Guangxi is experiencing significant development opportunities supported by the central government, focusing on innovation, openness, and high-level infrastructure projects [1] - CCCC expresses commitment to leveraging its strengths in transportation and infrastructure to support Guangxi's economic development, particularly in areas like the Pinglu Canal Economic Belt and port construction [2] Group 2 - CCCC acknowledges Guangxi's unique geographical advantages and development potential, aiming to enhance collaboration in various sectors including transportation infrastructure and water resource management [2] - The meeting highlights the mutual benefits of deepening cooperation between CCCC and Guangxi, with a focus on high-quality project execution and strategic partnerships [1][2]

Financial Performance - In 2024, the company's revenue was 768.243 billion yuan, an increase of 12.556 billion yuan or 1.7% compared to 2023[3]. - Operating profit for 2024 was 39.307 billion yuan, up 0.9% from 38.974 billion yuan in 2023[4]. - Net profit attributable to shareholders for 2024 was 23.854 billion yuan, a decrease of 8.85 billion yuan or 3.6% from 24.739 billion yuan in 2023[4]. - The company reported a basic earnings per share of 1.40 yuan in 2024, down from 1.45 yuan in 2023[5]. - The gross profit for 2024 was 92.603 billion CNY, a decrease of 2.1% from 94.549 billion CNY in 2023[121]. - The net profit for the year was RMB 30,819 million, slightly lower than RMB 31,153 million in 2023, reflecting a decline of approximately 1.1%[194]. - The total comprehensive income for the year was RMB 34,922 million, compared to RMB 29,054 million in 2023, showing an increase of approximately 20.1%[196]. Contract and Project Management - The new contract amount signed in 2024 reached 1,881.185 billion yuan, an increase of 7.3% compared to 1,753.215 billion yuan in 2023[5]. - As of December 31, 2024, the amount of uncompleted contracts was 3,486.773 billion yuan[6]. - The company signed new contracts worth CNY 129.047 billion during the year, a decrease of 33.8% year-on-year, effectively controlling the investment scale[19]. - The company achieved new overseas contract value of 359.73 billion yuan, representing a year-on-year growth of 12.5%[22]. - The company signed new contracts worth CNY 1,881.185 billion, representing a year-on-year increase of 7.3%[54]. - New contracts from overseas regions amounted to CNY 359.726 billion (approximately USD 51.033 billion), a year-on-year increase of 12.5%, accounting for 19% of total new contracts[54]. Strategic Focus and Development - The company plans to focus on high-quality development and aims to enhance its role in national strategies, including major projects like the Belt and Road Initiative[8]. - The company aims to strengthen its core business areas, including infrastructure construction, design, and dredging, while providing comprehensive solutions for various stages of infrastructure projects[14]. - The company is focusing on low-carbon, innovative, and integrated development in modern infrastructure construction, with significant investment opportunities in ports and inland water transport[45]. - The company is focusing on strategic emerging industries and future industries to increase their revenue and value contribution[38]. - The company is committed to improving its capital management system to enhance investment value and protect investor rights[37]. Investment and Financial Management - The company has achieved a cash flow balance in project investments, effectively controlling cash flow and improving investment quality[19]. - The company is focusing on enhancing its asset management capabilities by optimizing its asset and debt structure, targeting non-operating and inefficient assets for improvement[40]. - The company plans to implement a mid-term dividend policy to boost market confidence and investor satisfaction, with a proposal approved on November 29[39]. - The company is actively pursuing mergers and acquisitions to integrate high-quality assets and improve its core competitiveness[36]. - The company has established a diversified investment portfolio to manage risks related to fluctuations in securities market prices[191]. Research and Development - R&D expenditure for the reporting period was 26.393 billion yuan, accounting for 3% of operating revenue, with significant progress in tackling "bottleneck" technologies[32]. - The company has accumulated 43 National Science and Technology Progress Awards and 5 National Technology Invention Awards[31]. - The company is focusing on increasing R&D investment in key areas such as deep-sea technology, AI, and industrial software to drive innovation and industry leadership[33]. Market and Competitive Position - The company's construction and dredging businesses maintain a market share of over 60% in the coastal market, with the road business continuing to strengthen its position as the "King of Highways"[17]. - The company has a total of 34 wholly-owned and holding subsidiaries, with operations spanning all provinces, cities, and regions in China, as well as 139 countries and regions worldwide[17]. - The company is actively expanding its presence in land-based renewable energy, particularly in desert and coal mining subsidence areas, leveraging existing partnerships to develop new energy bases[51]. - The company is enhancing its competitive strength in municipal services, focusing on new infrastructure and urban comprehensive transportation projects[72]. Risk Management and Compliance - The company emphasizes risk management and compliance with national regulatory requirements to avoid regional and systemic risks[105]. - The group operates in over 130 countries, facing various international risks including political, economic, and regulatory challenges[180]. - The company is actively optimizing and enhancing its network security systems to mitigate risks associated with increasing cyber threats as it expands into international markets[193]. International Expansion - The company is implementing the "Company Internationalization" deepening reform plan (2023-2025) to optimize overseas operational structures[21]. - The company aims to enhance its international influence and expand both domestic and overseas markets while adjusting its business structure[47]. - The company is focusing on major projects in key regions such as the Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Delta, indicating broad market opportunities[66].

Contract Performance - The new contract amount signed by the company in 2024 reached RMB 1,881.185 billion, representing a year-on-year growth of 7.30% and achieving 95% of the annual target[5]. - In the fourth quarter of 2024, the total new contracts signed amounted to RMB 600.729 billion, compared to RMB 575.321 billion in the same period last year, reflecting a growth of 7.30%[11]. - Major contracts signed in the fourth quarter included the Yunnan G5615 Tianhou Expressway project worth RMB 8.997 billion and the Fujian F2 and F3 line construction project valued at RMB 2.130 billion[14]. - The company has no major signed contracts that are yet to be executed, indicating a streamlined project pipeline[15]. Overseas and Emerging Markets - The new contracts from overseas regions amounted to RMB 359.726 billion (approximately USD 51.033 billion), a year-on-year increase of 12.50%, accounting for 19% of the total new contracts signed[7]. - The new contracts from emerging business sectors totaled RMB 705.347 billion, showing a significant year-on-year growth of 46.43%[7]. Sector-Specific Growth - The new contract amount from water conservancy projects was RMB 76.409 billion, up 109.75% year-on-year; energy engineering projects saw RMB 81.384 billion, a 146.41% increase; and agricultural engineering projects reached RMB 8.505 billion, growing by 248.26%[8].

Financial Performance - Operating revenue for the third quarter was RMB 179.19 billion, a decrease of 1.73% year-on-year[3] - Net profit attributable to shareholders was RMB 4.88 billion, down 0.65% compared to the same period last year[3] - Net profit excluding non-recurring gains and losses was RMB 2.90 billion, a significant decrease of 32.86% year-on-year[3] - The company reported a net profit of RMB 20.99 billion for the period, reflecting a year-on-year increase of 0.63%[6] - Net profit attributable to shareholders for the first three quarters of 2024 was CNY 16.27 billion, down from CNY 16.37 billion in the same period of 2023, indicating a decrease of 0.6%[23] - The company reported a total comprehensive income of CNY 20.02 billion attributable to shareholders for the first three quarters of 2024, compared to CNY 15.88 billion in the same period of 2023, indicating a significant increase of 26.8%[24] Assets and Liabilities - Total assets at the end of the period reached RMB 1.90 trillion, an increase of 12.94% from the previous year[4] - The company's equity attributable to shareholders increased by 4.54% to RMB 315.45 billion compared to the previous year[4] - Total liabilities increased to CNY 1.43 trillion as of September 30, 2024, compared to CNY 1.23 trillion as of December 31, 2023, representing a growth of 16.8%[20] - Current liabilities totaled CNY 894.70 billion, up from CNY 762.25 billion, marking an increase of 17.4%[20] - Non-current liabilities rose to CNY 535.60 billion, compared to CNY 462.96 billion, reflecting a growth of 15.7%[20] Cash Flow - Cash flow from operating activities showed a net outflow of RMB 2.87 billion[3] - Cash flow from operating activities showed a net outflow of ¥77,028,344,565, worsening from a net outflow of ¥50,372,213,567 in the previous year[9] - The net cash flow from operating activities for the first three quarters of 2024 was -CNY 77.03 billion, a decline from -CNY 50.37 billion in 2023, indicating a worsening cash flow situation[26] - The net cash flow from investment activities improved to -CNY 22.09 billion in 2024, compared to -CNY 50.28 billion in 2023, showing a reduction in cash outflow[27] - Cash inflow from financing activities for the first three quarters of 2024 was approximately 95.45 billion, an increase from 83.95 billion in the same period of 2023[35] Contracts and New Business - The company signed new contracts worth RMB 1.28 trillion, representing a year-on-year growth of 9.28%[6] - The new contract amount for the reporting period reached RMB 1,280.456 billion, representing a year-on-year increase of 9.28%, achieving 64% of the annual target of RMB 1,753.215 billion[13] - The new contracts signed from overseas regions amounted to RMB 265.162 billion (approximately USD 37.624 billion), a year-on-year growth of 24.66%, accounting for 21% of the total new contracts[14] - The emerging business sectors achieved new contracts worth RMB 390 billion in the first three quarters, reflecting a year-on-year increase of 27%[13] Shareholder Information - The total number of shares outstanding is 16,278,611,425, with A-shares accounting for 72.86% and H-shares for 27.14%[10] - The top shareholder, China Communications Construction Group, holds 57.59% of the total shares, amounting to 9,374,616,604 shares[10] - The total number of common shareholders at the end of the reporting period was 158,151, with 146,345 being A-share holders[10] Investment and Research - Investment income for the current period reached ¥976,314,155, a significant recovery from a loss of ¥185,217,066 in the same period last year[8] - Research and development expenses for the first three quarters of 2024 were CNY 17.44 billion, slightly up from CNY 17.31 billion in the same period of 2023[22] - The company achieved investment income of CNY 6.83 billion in 2024, up from CNY 5.47 billion in 2023, reflecting strong performance in investments[32] Other Financial Metrics - The basic earnings per share for the period was RMB 0.28, unchanged from the previous year[3] - Other comprehensive income attributable to shareholders was CNY 3.75 billion for the first three quarters of 2024, compared to a loss of CNY 0.49 billion in the same period of 2023[23] - The company experienced a fair value loss of ¥144,120,809, an improvement from a loss of ¥701,513,319 in the previous year[8]

Financial Performance - For the six months ended June 30, 2024, the company reported a revenue of RMB 356.01 billion, a decrease of 2.6% compared to RMB 365.35 billion in the same period of 2023[2]. - The gross profit for the same period was RMB 41.60 billion, reflecting an increase of 4.2% from RMB 39.91 billion year-over-year[2]. - The net profit attributable to shareholders was RMB 12.02 billion, down 3.1% from RMB 12.41 billion in the previous year, resulting in a basic earnings per share of RMB 0.70, a decrease of 4.1%[2][5]. - The total assets increased by 10.7% to RMB 1,864.85 billion as of June 30, 2024, compared to RMB 1,684.38 billion at the end of 2023[2]. - Revenue from overseas markets reached RMB 69.46 billion, accounting for 19.5% of total revenue, representing a growth of 4.1% year-on-year[153]. - Operating profit for the same period was RMB 20.53 billion, up 4.0% from RMB 19.74 billion in 2023[154]. - The cost of sales was RMB 314.41 billion, a decrease of 3.4% compared to RMB 325.44 billion for the same period in 2023[159]. - Management expenses rose by 3.0% to RMB 18.910 billion, primarily due to increased R&D costs[161]. Contractual Developments - The company signed new contracts worth RMB 960.87 billion, representing an 8.4% increase from RMB 886.69 billion in the same period last year[2][5]. - The total amount of uncompleted contracts reached RMB 3,536.24 billion as of June 30, 2024, compared to RMB 3,450.66 billion at the end of 2023[2]. - The new contract amount signed during the reporting period reached CNY 960.867 billion, representing an 8.4% year-on-year increase, driven mainly by increased construction demand in overseas projects and urban development[59]. - The new contracts signed from overseas regions amounted to CNY 196.065 billion (approximately USD 27.821 billion), marking a 38.9% year-on-year increase and accounting for 20% of the total new contracts[59]. - The company achieved new contract value of 385.5 billion yuan in the "Big City" business area, representing an 18.4% year-on-year growth[35]. Strategic Initiatives - The company aims to enhance its core competitiveness through technological innovation and management improvements, focusing on high-quality development[6][11]. - The company is committed to expanding its overseas presence, actively participating in the "Belt and Road" initiative and integrating key national management mechanisms[15]. - The company emphasizes risk prevention and control, aiming to reduce interest-bearing debt and enhance compliance risk management[17]. - The company is focusing on eight key areas and 25 sub-sectors in strategic emerging industries, including offshore wind power and Beidou technology applications[37]. - The company is actively participating in the digital transformation of transportation infrastructure, enhancing its technical strength and innovation capabilities in smart transportation[40]. Technological Advancements - The company launched the "Taihu Star," a fully autonomous ecological dredging platform, enhancing its technological innovation capabilities[38]. - The company has developed the world's first ultra-large diameter hard rock vertical excavation machine, showcasing its advancements in equipment manufacturing[41]. - The company is establishing a green and smart future transportation R&D center to drive research in green and smart transportation technologies[40]. - The company has accumulated 43 National Science and Technology Progress Awards, 5 National Technology Invention Awards, and 130 Luban Awards[47]. - The company has 34,343 authorized patents, participating in the formulation of 168 national standards and 537 industry standards[47]. Market Position and Competitiveness - The company is recognized as the world's largest design and construction firm for ports, roads, and bridges, with operations in 139 countries and regions[23]. - The company has a competitive edge in the infrastructure investment sector, focusing on value investment principles to adapt to market changes[21]. - The company is the largest dredging enterprise globally, holding a dominant position in China's coastal dredging market, with strong competitive advantages in core equipment and technology[27]. - The company has established a comprehensive project management system covering all contract procedures, ensuring effective project execution and delivery[20]. - The company is enhancing its market influence in railway infrastructure design, having entered this market during the "11th Five-Year Plan" period and is currently in a growth phase[25]. Urban Development and Sustainability - The company is actively participating in urban renewal and development projects, focusing on new urbanization and affordable housing initiatives[34]. - The company is committed to high-quality, sustainable development in overseas markets, focusing on infrastructure that benefits local communities[67]. - The company is focusing on optimizing its urban business layout, focusing on high-end design and urban operation services[34]. - The company is actively advancing major projects such as the Ma Dong Railway and Bogota Metro, with significant progress in the Saudi Arabian market[66]. - The company is involved in various public service projects, including old community renovations and collective rental housing, responding to increasing market demands[87]. Investment and Financial Management - The company aims to enhance its value creation capabilities through improved capital management and strategic investments[51]. - The company is actively expanding its diversified fund business, collaborating with banks and insurance institutions to establish funds targeting traditional infrastructure projects and emerging industries[56]. - The company is continuously optimizing asset funding and implementing a plan to enhance asset value, focusing on the disposal of financial assets within reasonable price ranges[55]. - The company has implemented several policies to stabilize and expand private investment, focusing on high-quality development and effective risk prevention[134]. - The company has adjusted its market development and operational strategies in response to macroeconomic policy changes, emphasizing value investment and improving investment quality[137].

Financial Performance - For the six months ending June 30, 2024, the group's revenue was CNY 356.01 billion, a decrease of CNY 9.33 billion or 2.6% compared to CNY 365.35 billion in the same period of 2023[2]. - The gross profit for the same period was CNY 41.60 billion, an increase of CNY 1.69 billion or 4.2% from CNY 39.91 billion in 2023[2]. - Operating profit for the six months was CNY 20.53 billion, up CNY 0.78 billion or 4.0% from CNY 19.75 billion in 2023[2]. - The profit attributable to the owners of the parent company was CNY 12.02 billion, a decrease of CNY 0.39 billion or 3.1% from CNY 12.41 billion in the same period of 2023[2]. - Revenue from overseas markets was 69.46 billion yuan, accounting for 19.5% of total revenue, representing a growth of 4.1% year-on-year[75]. - The cost of sales decreased by 3.4% to 314.41 billion yuan compared to 325.44 billion yuan in the same period of 2023[77]. - Management expenses increased by 3.0% to 18.91 billion yuan, primarily due to increased R&D expenses[78]. - The operating profit margin improved from 5.4% in 2023 to 5.8% in 2024[79]. - The total revenue for the company for the six months ended June 30, 2024, was RMB 356.010 billion, a decrease from RMB 365.345 billion in the same period of 2023[86]. - The overall gross profit margin for the company increased from 10.9% in 2023 to 11.7% in 2024[86]. Contractual and Project Developments - The new contracts signed during the six months amounted to CNY 960.87 billion, an increase of 8.4% compared to CNY 886.69 billion in 2023[2]. - As of June 30, 2024, the group held an uncompleted contract amount of CNY 3,536.24 billion[2]. - The company signed new contracts worth $20.729 billion in countries participating in the "Belt and Road" initiative during the reporting period[18]. - The Middle East region accounted for new contracts totaling $4.803 billion[18]. - The cumulative new contract value since the "Belt and Road" initiative was proposed reached $255.487 billion[18]. - The company signed new contracts for urban construction projects in China totaling CNY 472.429 billion, an increase of 21.8% year-on-year, representing 55% of the infrastructure construction business[44]. - The company signed new overseas engineering contracts worth 191.39 billion yuan (approximately 27.15 billion USD), representing a year-on-year growth of 44.2% and accounting for 22% of its infrastructure construction business[46]. Technological Innovation and Development - The company aims to enhance core competitiveness through technological innovation and management innovation, focusing on expanding market share and optimizing service levels[6]. - The company is accelerating the development of key core technologies and aims to achieve significant original innovative results in the field of transportation infrastructure and marine engineering technology[8]. - The company is focused on technological innovation and the cultivation of leading technology enterprises to transform technological advantages into competitive advantages[9]. - The company launched the world's first fully autonomous ecological dredging intelligent platform ship, "Taihu Star," enhancing its technological innovation capabilities[22]. - The company has developed several groundbreaking tunneling machines, including the world's first ultra-large diameter hard rock vertical excavation machine, showcasing its advancements in equipment manufacturing[24]. Financial Management and Investment - The company is committed to improving asset management and reducing leverage, with a focus on optimizing existing assets and enhancing financial capabilities[7]. - The company is implementing a specialized work plan for optimizing and enhancing asset financing, focusing on the disposal of financial assets within a reasonable price range to supplement working capital[32]. - The company is actively expanding its diversified fund business, collaborating with banks and insurance institutions to establish funds aimed at supporting infrastructure development and the transformation of emerging industries[32]. - The company is committed to enhancing its market value management system in line with national policies and guidelines to improve the quality of listed companies[32]. - The company is enhancing its investment management and risk control to promote high-quality investment development[67]. Market Expansion and Internationalization - The company is committed to deepening overseas expansion and solidifying its high-quality development advantages, actively participating in the Belt and Road Initiative[10]. - The company is enhancing its internationalization strategy by integrating key national management mechanisms and completing the establishment of overseas organizations[10]. - The company aims to enhance its market influence in railway construction, having successfully entered markets in Africa, Asia, South America, and Oceania[16]. - The company is focusing on major projects in key regions such as Beijing-Tianjin-Hebei, Yangtze River Delta, and Guangdong-Hong Kong-Macao[40]. Risk Management and Compliance - The company emphasizes risk prevention and compliance as a priority for business operations, aiming to reduce interest-bearing debt and enhance financial risk warning systems[11]. - The group faces significant market risks due to macroeconomic fluctuations, particularly in infrastructure design and construction, which are sensitive to fixed asset investment and urbanization trends[115]. - The group operates in over 130 countries, facing various international risks including political, economic, and regulatory challenges, which may impact compliance and project execution[116]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of CNY 1.4005 per 10 shares (including tax) for the 2024 interim dividend[4]. - The company is actively implementing a mid-term dividend plan for 2024 to enhance dividend predictability and investor satisfaction[31]. - The proposed dividend for the year ending December 31, 2023, is RMB 0.29256 per share, totaling RMB 4.762 billion, approved by shareholders on June 17, 2024[170]. Research and Development - R&D expenditure for the reporting period was 9.905 billion yuan, accounting for 2.8% of operating revenue, an increase of 0.2 percentage points year-on-year[27]. - The company has established 27 post-doctoral research stations and is focused on cultivating a high-level innovative talent team[26]. - The company has been recognized as the only construction central enterprise with two National Engineering Research Centers, leading infrastructure construction to new heights[26]. Asset Management and Financial Position - The total assets as of June 30, 2024, reached RMB 40.781 billion, an increase from RMB 37.6605 billion as of December 31, 2023[181]. - The company's net assets increased to RMB 469,699 million, compared to RMB 459,170 million at the end of 2023, marking a growth of 2.3%[136]. - The total liabilities amounted to RMB 1,395,151 million, with current liabilities at RMB 879,009 million, reflecting an increase of 15.3% from RMB 762,254 million[134].