证券代码：600248 证券简称：陕建股份 公告编号：2025-060 陕西建工集团股份有限公司 部分高级管理人员减持股份结果公告 本公司董事会、全体董事及相关股东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。 重要内容提示： 高级管理人员持股的基本情况 本次减持计划实施前，陕西建工集团股份有限公司（以下简称"公司"）副 总经理闫永军先生持有公司股份 250,000 股，占减持计划披露时公司总股本的 0.0066%，股份来源于公司 2023 年限制性股票激励计划。 减持计划的实施结果情况 2025 年 6 月 18 日，公司披露了《陕西建工集团股份有限公司高级管理人员 减持股份计划公告》（公告编号：2025-050），因个人资金需求，闫永军先生计 划自该公告披露之日起 15 个交易日后的 3 个月内通过集中竞价交易方式减持其 所持公司无限售条件流通股不超过 41,800 股，占公司当时总股本的 0.0011%， 不超过其持股总数的 25%，减持价格按照减持实施时的市场价格确定。 二、减持计划的实施结果 (一)高级管理人员因以下事项披露减持计划实施结 ...

Investment Rating - Industry Rating: Outperform the market (maintained rating) [5] Core Viewpoints - The construction index rose by 0.32% this week, while the Shanghai and Shenzhen 300 index increased by 1.07%, indicating that the construction sector underperformed the market by 0.75 percentage points. Professional engineering, architectural design, and infrastructure sectors showed stronger gains [1][33] - Infrastructure investment continued to support the economy, with energy-related and water conservancy investments maintaining strength, while transportation infrastructure showed signs of recovery. For the first half of 2025, real estate development investment, narrow infrastructure, broad infrastructure, and manufacturing grew by -11.2%, +4.6%, +8.9%, and +7.5% year-on-year, respectively [1][13] - Recent disclosures of second-quarter orders from central state-owned enterprises (SOEs) indicate a recovery trend, with China Railway's second-quarter orders showing a year-on-year growth of 20.08%. The overall order situation for central SOEs is optimistic, suggesting a rebound in physical workload [2][27] Summary by Sections Macro and Micro Verification of Infrastructure Recovery - Infrastructure investment in June continued to provide support, with energy and water conservancy investments remaining strong, while transportation infrastructure showed signs of recovery. The year-on-year growth rates for real estate development investment, narrow infrastructure, broad infrastructure, and manufacturing from January to June 2025 were -11.2%, +4.6%, +8.9%, and +7.5%, respectively [1][13][14] Recent Order Disclosures from Central SOEs - Central SOEs such as China Railway, China Energy Construction, China Chemical, and China Nuclear Engineering reported a recovery in second-quarter orders. For instance, China Railway's first-half orders showed a year-on-year growth of 2.8%, with a significant increase in the second quarter [2][27][28] Valuation Perspective - As of July 18, the construction sector's PE (TTM) and PB (LF) ratios were among the lowest across all primary industries, indicating significant room for valuation improvement. The construction sector's PE (TTM) was 11.12 times, with a historical percentile of 48.50%, compared to the Shanghai and Shenzhen 300's PE of 13.39 times [3][30][32]

Core Viewpoint - The announcement details the share reduction by a senior management member of Shaanxi Construction Group Co., Ltd., specifically the legal advisor Zheng Falong, due to personal financial needs, resulting in a decrease in his shareholding [1][2]. Summary by Sections 1. Basic Information on Shareholding - Zheng Falong held 250,000 shares before the reduction, representing 0.0066% of the company's total share capital at the time of the reduction plan announcement [2][5]. - The company's total share capital was reduced from 3,767,582,286 shares to 3,739,735,286 shares following the completion of a partial repurchase and cancellation of restricted stock on June 30, 2025 [2][5]. 2. Implementation Results of the Reduction Plan - On July 17, 2025, Zheng Falong completed the reduction of 41,800 shares through centralized bidding, which accounted for 0.0011% of the company's total share capital at that time [2][3]. - After the reduction, Zheng Falong's remaining shareholding is 125,700 shares, which is 0.0034% of the current total share capital [2][4]. - The reduction was executed at a price of 3.84 yuan per share, totaling 160,512 yuan [3]. 3. Compliance with Reduction Plan - The actual reduction was consistent with the previously disclosed reduction plan, and the minimum reduction quantity was achieved [5]. - The reduction period was confirmed to have been completed as planned [5].

部分高级管理人员减持股份结果公告 本公司董事会、全体董事及相关股东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。 重要内容提示： 高级管理人员持股的基本情况 本次减持计划实施前，陕西建工集团股份有限公司（以下简称"公司"）总 法律顾问郑发龙先生持有公司股份 250,000 股，占减持计划披露时公司总股本的 0.0066%，股份来源于公司 2023 年限制性股票激励计划。 证券代码：600248 证券简称：陕建股份 公告编号：2025-059 陕西建工集团股份有限公司 减持计划的实施结果情况 2025 年 6 月 18 日，公司披露了《陕西建工集团股份有限公司高级管理人员 减持股份计划公告》（公告编号：2025-050），因个人资金需求，郑发龙先生计 划自该公告披露之日起 15 个交易日后的 3 个月内通过集中竞价交易方式减持其 所持公司无限售条件流通股不超过 41,800 股，占公司当时总股本的 0.0011%， 不超过其持股总数的 25%，减持价格按照减持实施时的市场价格确定。 近日公司收到郑发龙先生出具的《减持计划实施进展告知函》。2025 年 ...

证券代码：600248 证券简称：陕建股份 公告编号：2025-058 陕西建工集团股份有限公司 关于公司及子公司涉及诉讼、仲裁的公告 对上市公司损益产生负面影响：暂无法确定对公司本期利润或期后利润 的影响金额 为加强应收款项催收，加快资金回笼，陕西建工集团股份有限公司（以下简 称"公司"）积极实施清欠策略，主张通过法律途径维护公司利益。公司及子公 司对长期拖欠工程款的建设单位提起了诉讼、仲裁，同时在日常生产经营过程中， 亦发生部分公司或子公司作为被告或被申请人的诉讼及仲裁案件。自前次诉讼仲 裁公告披露至本公告披露之日，公司及子公司新发生的重大诉讼、仲裁事项累计 涉案金额合计 30.18 亿元。现将相关情况公告如下： 序 号 原告 （申请人） 被告 (被申请人) 起诉/申请 日期 案由 涉案金额 （万元） 受理法院/ 仲裁委 进展 情况 1 孙献伟 陕西建工第八建设集 团有限公司、阜阳市重 点工程建设管理处 2025-05-13 建设工程 施工合同 纠纷 10081.20 安徽省阜阳 市中级人民 法院 一审审理中 2 陕西省社区信息管理 服务有限公司 陕西建工第六建设集 团有限公司 2025-03-12 建设 ...

| 序号 | 合同签订主体 | 项目（合同）名称 | 合同金额 （亿元） | | --- | --- | --- | --- | | 1 | 陕西建工集团股份有限公司 | 三兆村城中村改造项目工程总承包 | 64.83 | | 2 | 陕西建工集团股份有限公司 | 金象印尼年产 12 万吨三聚氰胺产业 链项目一期 | 21.37 | | 3 | 陕西建工第二建设集团有限 | 太乙仙山文旅提档升级、康养产业 | 9.70 | | | 公司 | 开发项目二标段 | | | 4 | 陕西建工第二建设集团有限 | KC2008-08 号地块"置地广场"项目 | 8.88 | | | 公司 | 复工续建建设工程 | | | 5 | 陕西建工集团股份有限公司 | 灞桥区长乐坡村城中村西区安置项 目工程总承包 | 8.76 | | 6 | 陕西建工安装集团有限公司 | 安康银发经济产业园（幸福安康颐 | 8.72 | | | | 养中心）项目 EPC 总承包 | | | 7 | 陕西建工第一建设集团有限 | 盛世长安 2#3#地块 | 8.00 | | | 公司 | | | | 8 | 陕西建工第十二建设集团有 | 黑龙江 ...

Investment Rating - The industry rating is maintained as "Outperform the Market" [5] Core Insights - The construction sector has seen a significant increase in attention towards urban renewal, with undervalued large-cap stocks showing signs of stabilization. The sector's performance is driven by improved demand-side policy expectations and a shift away from excessive competition, benefiting both large and small-cap stocks. The report suggests focusing on high-growth segments such as urban renewal, coal chemical, nuclear power, and steel structures, while also considering the beta opportunities in large-cap stocks [1][13][14]. Summary by Sections Urban Renewal - Urban renewal is accelerating, with policies from the central government outlining goals and support measures. The focus includes the renovation of old residential areas, establishing safety management systems for buildings, and creating resilient and smart cities. The report identifies four key categories for investment: design and testing, construction and decoration, urban infrastructure renovation, and resilient/smart city initiatives, highlighting specific companies in each category [2][15][17]. Market Performance - The construction index rose by 2.77% in the week of July 7-11, outperforming the Shanghai and Shenzhen 300 index by 1.76 percentage points. Notable performers included Guosheng Technology (+42.98%), New City (+34.73%), and Beautiful Ecology (+34.46%) [4][21][26]. Investment Recommendations - The report emphasizes the cyclical opportunities arising from improved physical work volume in infrastructure. It suggests focusing on high-demand areas such as water conservancy, railways, and aviation, particularly in regions like Sichuan, Zhejiang, Anhui, and Jiangsu. Recommended companies include Sichuan Road and Bridge, Zhejiang Communications, and major state-owned enterprises like China Communications Construction and China Railway Construction [27][28]. Emerging Business Directions - The report highlights the growing demand for computing power driven by AI applications, recommending companies like Hainan Huatie for their transition into computing power leasing. It also notes the potential in cleanroom sectors due to the ongoing domestic replacement in the semiconductor industry, suggesting companies like Baicheng and Shenghui Integration [29][30]. Major Projects and Themes - The report identifies significant investment opportunities in major hydropower projects, deep-sea economy, and low-altitude economy, recommending companies involved in these sectors, such as China Power Construction and China Energy Engineering [32][30].

证券代码：600248 证券简称：陕建股份 公告编号：2025-055 陕西建工集团股份有限公司 关于提供担保的进展公告 本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。 重要内容提示： 对外担保累计余额：截至 2025 年 6 月 30 日，公司对外担保累计余额为 336.35 亿元 对外担保逾期的累计数量：无 特别风险提示：公司及控股子公司对外担保总额超过最近一期经审计归 母净资产 100%，本次被担保人除陕西建工装配式智造科技有限公司外，其余被 担保人资产负债率均超过 70%，敬请投资者注意相关风险 | | 智造科技有限公 | 份有限公司 | 份有限公司陕西 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 司 | | 省分行 | | | | | | 4 | 陕西建工装配式 智造科技有限公 | 陕西建工集团股 | 华夏银行股份有 | 0.05 | 2026.5.7 | 共同还款 | 0.35 | | | | 份有限公司 | 限公司西安分行 | | ...

证券代码：600248 证券简称：陕建股份 公告编号：2025-056 陕西建工集团股份有限公司 陕西建工集团股份有限公司董事会 2025 年 7 月 12 日 | 序号 | 项目名称 | 中标人 | 中标金额 （亿元） | 项目地点 | | --- | --- | --- | --- | --- | | 1 | 内乡县冷库仓储物流加 工综合开发（一期）EPC | 陕西建工第十四建设 有限公司（联合体成 | 5.85 | 河南省 南阳市 | | | 项目 | 员） | | | | 2 | 陕煤金融中心（二期） | 陕西建工集团股份有 | 5.73 | 陕西省 | | | DK57总包工程Ⅰ标段 | 限公司 | | 西安市 | 上述项目仅为中标信息，具体实施仍存在一定不确定性。敬请广大投资者注 意投资风险。 特此公告。 重大项目中标公告 本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。 2025年6月，陕西建工集团股份有限公司及下属子公司中标5亿元以上施工项 目情况如下： ...

Core Viewpoint - The company has announced a profit distribution plan that was approved at the 2024 annual shareholders' meeting held on June 26, 2025, detailing the cash dividend distribution to shareholders [1]. Distribution Plan - The cash dividend distribution is based on a total share capital of 3,739,735,286 shares, with a cash dividend of 0.09 yuan per share, totaling 336,576,175.74 yuan [3][4]. - The record date for shareholders is July 16, 2025, with the last trading day on July 17, 2025, and the ex-dividend date also on July 17, 2025 [2][3]. Implementation Method - Cash dividends will be distributed through China Securities Depository and Clearing Corporation Limited Shanghai Branch to shareholders registered by the record date [2]. - For individual shareholders, the tax treatment varies based on the holding period of the shares, with specific tax rates applied according to the duration of ownership [2][3]. - For Qualified Foreign Institutional Investors (QFII), a 10% withholding tax will be applied, resulting in a net cash dividend of 0.081 yuan per share [3]. - Other institutional investors will not have taxes withheld by the company, and they are responsible for their own tax obligations [4]. Contact Information - For inquiries regarding the annual equity distribution, shareholders can contact the company's Securities Management Office at 029-87370168 [4].