证券代码：600496 证券简称：精工钢构 公告编号：2025-111 长江精工钢结构（集团）股份有限公司 关于召开2025年第三次临时股东会的通知 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： 一、 召开会议的基本情况 (一)股东会类型和届次 2025年第三次临时股东会 (二)股东会召集人：董事会 (三)投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合的方 式 (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 11 月 10 日 14 点 00 分 召开地点：上海市闵行区黎安路 999 号大虹桥国际 32 楼 (六)融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者 的投票，应按照《上海证券交易所上市公司自律监管指引第 1 号 — 规范运 作》等有关规定执行。 (七)涉及公开征集股东投票权 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者的投票， 应按照《上海证券交易所上市公司自律监管指引第 ...

长江精工钢结构（集团）股份有限公司 | 股票简称：精工钢构 | 股票代码：600496 | 编号：临 2025-109 | | --- | --- | --- | | 转债简称：精工转债 | 转债代码：110086 | | 长江精工钢结构（集团）股份有限公司 关于第九届董事会 2025 年度第十九次临时会议决议公告 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个别及连带责任。 长江精工钢结构（集团）股份有限公司（以下简称"公司"）第九届董事会 2025 年度第十九次临时会议于 2025 年 10 月 23 日以通讯方式召开，本次会议应 参加董事 9 人，实际参加董事 9 人。会议的召开符合《公司法》、《公司章程》的 规定，会议决议有效。会议审议通过了以下议案： 一、审议通过《关于公司未来三年（2025-2027 年）股东回报规划的议案》 （详见公司同日在上海证券交易所网站 www.sse.com.cn 披露的规划全文） 本议案表决情况：同意票 9 票，反对票 0 票，弃权票 0 票。本议案尚需提 交公司股东会审议。 二、审议通过《关于 ...

Core Viewpoint - The company has successfully signed a subcontract for the Saudi Qiddiya Cultural and Arts Center project, amounting to 650 million Saudi Riyals (approximately 1.23 billion RMB), which represents 6.7% of the company's most recent audited revenue [1] Group 1 - The project will become an important cultural landmark in Saudi Arabia [1] - The successful signing of the project reflects the positive outlook of the Saudi market and customer recognition of the "Jinggong International" brand [1] - This contract further enriches the company's overseas order reserves and signifies the effectiveness of its overseas market strategy [1] Group 2 - The project has positive implications for the company's deepening layout in the Middle East and expansion into overseas markets [1]

Core Viewpoint - The company has successfully signed a subcontract for the Saudi Qiddiya Cultural and Arts Center project, amounting to 650 million Saudi Riyals (approximately 1.23 billion RMB), which represents 6.7% of the company's most recent audited revenue [1] Group 1 - The project will become an important cultural landmark in Saudi Arabia [1] - The successful signing of the project reflects the positive outlook of the Saudi market and customer recognition of the "Jinggong International" brand [1] - This contract further enhances the company's overseas order reserves and signifies the effectiveness of its overseas market strategy [1] Group 2 - The project has positive implications for the company's deepening presence in the Middle East and expansion into overseas markets [1]

Core Viewpoint - The company has successfully signed a subcontract for the Saudi Qiddiya Cultural and Arts Center project, with a contract value of 6.5 billion Saudi Riyals, equivalent to approximately 1.23 billion RMB, representing 6.7% of the company's most recent audited revenue [1]. Group 1 - The contract amount for the project is 6.5 billion Saudi Riyals [1]. - The equivalent value of the contract in RMB is approximately 1.23 billion [1]. - The project will become an important cultural landmark in Saudi Arabia upon completion [1].

精工钢构10月23日公告，公司董事会于近日收到公司高级副总裁王爱民的书面辞职报告，王爱民因达到 法定退休年龄，申请辞去公司高级副总裁职务。王爱民所负责的相关工作已进行了良好交接，不会影响 公司相关工作的正常运行。 ...

Core Viewpoint - The company has successfully signed a subcontract for the Saudi Qiddiya Cultural and Arts Center project, with a contract value of 650 million Saudi Riyals, equivalent to approximately 1.23 billion RMB, representing 6.7% of the company's most recent audited revenue [1] Group 1 - The project is expected to become an important cultural landmark in Saudi Arabia upon completion [1] - The contracting parties are the client Nesma & Partners Contracting Co., UJSC and the subcontractor, Seiko International Steel Structure Co., Ltd [1] - The estimated construction period is until 2027, with payments to be made according to the progress as stipulated in the contract [1]

Investment Rating - The report recommends a "Buy" rating for several key companies in the construction and infrastructure sectors, including 精工钢构 (Jinggong Steel Structure), 鸿路钢构 (Honglu Steel Structure), 国检集团 (Guojian Group), and others [14]. Core Insights - The construction industry is entering a "stock era," focusing on urban renewal and high-quality construction, driven by the need for green, low-carbon, and smart living environments [1][18]. - Prefabricated construction is identified as a long-term trend, with steel structures expected to show high prosperity due to labor shortages and sustainability requirements [2][21]. - The demand for inspection and testing services is anticipated to peak as the existing building stock ages, with significant market potential estimated at over 20 billion yuan [3][24]. - New infrastructure initiatives, particularly in low-altitude economy and energy sectors, are expected to see rapid growth supported by government policies [4][31]. - The report highlights the strategic importance of regions like Xinjiang and Sichuan, which are set to benefit from increased investment and infrastructure development [10][12][39]. Summary by Sections Construction and Decoration - The construction industry is transitioning from extensive expansion to intensive development, focusing on urban renewal and infrastructure maintenance [1][18]. - The urbanization rate is projected to reach 67% by the end of 2024, indicating a shift in investment focus [1][18]. Prefabricated Construction - The labor force in construction is declining, with the number of construction workers dropping to 42.86 million in 2024, a significant decrease from previous years [2][21]. - The average monthly salary for construction workers is expected to rise to 5,743 yuan in 2024, reflecting a 26% increase since 2019 [2][26]. - The report sets targets for the penetration rate of prefabricated construction at 30% by 2025 and 40% by 2030 [2][21]. Inspection and Testing - The existing building area is projected to reach approximately 38.4 billion square meters by the end of 2024, leading to a surge in demand for building inspections [3][24]. - The establishment of a housing pension system and regular inspection policies in various cities is expected to drive the inspection market [3][24]. New Infrastructure - The low-altitude economy is projected to grow to 2 trillion yuan by 2030, with related infrastructure investments estimated at 300-400 billion yuan [4][31]. - Government policies are increasingly supporting the development of low-altitude infrastructure, with significant funding expected [4][31]. Strategic Regions - Xinjiang is highlighted for its robust economic growth and infrastructure investment, with over 800 billion yuan allocated for coal chemical projects by 2025 [12][41]. - Sichuan is identified as a strategic region for national development, with ongoing support for infrastructure projects [10][39].

Market Overview - The professional engineering sector experienced a decline of 2.07% on October 17, with Libat leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Stock Performance - Notable gainers included: - Jinggong Steel Structure (600496) with a closing price of 4.24, up 3.92% on a trading volume of 1.6463 million shares and a turnover of 702 million yuan [1] - Haibo Heavy Industry (300517) closed at 11.50, up 1.14% with a trading volume of 90,300 shares and a turnover of 10.3 million yuan [1] - Major decliners included: - Libat (605167) with a closing price of 10.38, down 5.29% on a trading volume of 106,800 shares and a turnover of 113 million yuan [2] - Aiman Co. (605289) closed at 71.35, down 4.93% with a trading volume of 31,800 shares and a turnover of 230 million yuan [2] Capital Flow - The professional engineering sector saw a net outflow of 444 million yuan from institutional investors, while retail investors contributed a net inflow of 398 million yuan [2][3] - The capital flow for specific stocks showed: - Zhongcai International (600970) had a net inflow of 17.09 million yuan from institutional investors, while retail investors contributed a net inflow of 24.17 million yuan [3] - Beifang International (000065) recorded a net inflow of 16.92 million yuan from institutional investors, but a net outflow of 15.16 million yuan from retail investors [3]

Group 1 - The steel sector experienced a significant rise on October 17, with companies like Guangdong Mingzhu and Lingang Co. reaching the daily limit, while others like Jinggong Steel Structure and Hainan Mining saw increases of over 4% [1] - The China Iron and Steel Association held a meeting on October 15 to discuss the "14th Five-Year" development plan, indicating a general downward trend in domestic steel demand during this period, emphasizing the need for production adjustment in response to carbon emission regulations [1] - The association highlighted opportunities for market expansion, particularly in green steel structure buildings, which are seen as having unmatched advantages under high-quality development requirements [1] Group 2 - Guotai Junan Securities noted that over 40% of steel companies are currently operating at a loss, indicating a market clearing process is beginning [2] - The recently released "Steel Industry Stabilization and Growth Work Plan (2025-2026)" emphasizes continued production reduction policies to support advanced enterprises and phase out inefficient capacities, aiming for a balance between supply and demand [2] - Long-term trends in the steel industry point towards increased concentration and a focus on high-quality development, with companies that have product structure and cost advantages expected to benefit significantly [2]