长江精工钢结构（集团）股份有限公司 证券代码：600496 证券简称：精工钢构 公告编号：2025-126 转债代码：110086 转债简称：精工转债 长江精工钢结构（集团）股份有限公司 关于子公司签署工程建设合同暨关联交易的公告 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。 重要内容提示： 长江精工钢结构（集团）股份有限公司（以下简称"公司"）下属子公司 浙江精工建设工程有限公司（以下简称"精工建设"）与公司关联方精工（武汉） 复合材料有限公司（以下简称"精工复材"）签署《建设工程施工合同》（以下 简称"合同"或"本合同"），交易金额为 6,500 万元人民币（含税）。 本次交易不构成《上市公司重大资产重组管理办法》规定的重大资产重 组。 截至本次关联交易为止，过去 12 个月内公司与同一关联方或不同关联方 相同交易类别下标的相关的关联交易金额累计未达到公司 2024 年度经审计净资 产绝对值的 5%以上，本次关联交易无需提交公司股东大会审议。 在合同履行过程中，如遇外部宏观和市场环境、行业政策等发生重大变 化，可能 ...

| 证券代码：600496 | 证券简称：精工钢构 | 公告编号：2025-127 | | --- | --- | --- | | 转债代码：110086 | 转债简称：精工转债 | | 长江精工钢结构（集团）股份有限公司 关于对控股子公司增资的公告 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： 交易实施尚需履行的审批及其他相关程序：本次交易在公司董事会审 批权限范围内，未达到股东会审议标准，无需提交公司股东会审议。本次增 资事项不涉及关联交易，也不构成《上市公司重大资产重组管理办法》认定 的重大资产重组。 相关风险提示：公司本次增资的登记变更事项尚需行政审批部门的批 准，公司将按照相关法律、法规及规范性文件的要求，根据事项后续进展情 况履行相应的信息披露义务。敬请广大投资者注意投资风险。 一、对外投资概述 （一）本次交易概况 投资标的名称：浙江精工钢结构集团有限公司（以下简称"浙江精工"） 投资金额：15,000 万元 基于公司发展战略，加快推进公司当前业务规划及未来发展需求，提升控股 子公司浙江精工的市场 ...

| 证券代码：600496 | 证券简称：精工钢构 | 公告编号：2025-125 | | --- | --- | --- | | 转债代码：110086 | 转债简称：精工转债 | | 因政府项目建设规划需要，公司下属子公司湖北精工钢结构（以下简称 "湖北精工"）与武汉盘龙城经济开发区管理委员会（以下简称"武汉盘龙城经 开区管委会"）签署《房屋拆迁补偿协议》，就项目建设用地红线范围内湖北精工 的房屋、附属物实施收储，收储补偿总价约 3.8 亿元。 本次拆迁补偿事项已经公司第九届董事会 2025 年第二十二次临时会议 审议通过，无需提交公司股东大会审议。 本次拆迁补偿收到的补偿款项 3.8 亿元，预计将对未来年度公司的净利 润和现金流产生积极影响，具体会计处理及对业绩的影响金额需以审计机构年度 审计确认后的结果为准。敬请广大投资者谨慎决策，注意投资风险。 长江精工钢结构（集团）股份有限公司 关于子公司土地收储的公告 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： 一、交易概述 （一）本次交易的基本情况 1、本次 ...

长江精工钢结构（集团）股份有限公司 证券代码：600496 证券简称：精工钢构 公告编号：2025-124 转债代码：110086 转债简称：精工转债 长江精工钢结构（集团）股份有限公司 三、审议通过《关于对控股子公司增资的议案》（详见公司同日在上海证券 交易所网站 www.sse.com.cn 披露的临时公告） 本议案表决情况：同意票 9 票，反对票 0 票，弃权票 0 票。 特此公告。 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 年度第二十二次临时会议于 2025 年 12 月 18 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《关于子公司土地收储的议案》（详见公司同日在上海证券交 易所网站 www.sse.com.cn 披露的临时公告） 本议案表决情况：同意票 9 票，反对票 0 票，弃权票 0 票。 关于第九届董事会 2025 年度第二十二次临时会议决议公告 二、审议通过《关于子公司签署工程建设合同暨关联交易的议案》（详见公 司同日在上海证券交 ...

格隆汇12月18日丨精工钢构(600496.SH)公布，基于公司发展战略，加快推进公司当前业务规划及未来 发展需求，提升控股子公司浙江精工的市场竞争力，补充其营运资金，增强其发展能力，公司拟以自有 资金向浙江精工增资1.5亿元。本次增资完成后，浙江精工的注册资本由12.08亿元变更为13.58亿元。 ...

精工钢构（600496）(600496.SH)发布公告，基于公司发展战略，加快推进公司当前业务规划及未来发 展需求，提升控股子公司浙江精工的市场竞争力(建筑企业的注册资本是反映企业实力的重要标志，在 招投标业务承接中也具有一定的参考性)，补充其营运资金，增强其发展能力，公司拟以自有资金向浙 江精工增资1.5亿元。本次增资完成后，浙江精工的注册资本由12.08亿元变更为13.58亿元。 ...

精工钢构(600496.SH)发布公告，基于公司发展战略，加快推进公司当前业务规划及未来发展需求，提 升控股子公司浙江精工的市场竞争力(建筑企业的注册资本是反映企业实力的重要标志，在招投标业务 承接中也具有一定的参考性)，补充其营运资金，增强其发展能力，公司拟以自有资金向浙江精工增资 1.5亿元。本次增资完成后，浙江精工的注册资本由12.08亿元变更为13.58亿元。 ...

精工钢构公告称，为加快推进业务规划及发展需求，提升控股子公司浙江精工市场竞争力、补充营运资 金，公司拟以自有资金1.5亿元对其增资。本次增资完成后，浙江精工注册资本将由12.08亿元增至13.58 亿元，公司持股比例由99.34%升至99.41%。2024年和2025年前三季度，浙江精工分别实现营收64.37亿 元、34.31亿元，净利润1.74亿元、2.13亿元。本次增资尚需行政审批部门批准。 ...

Investment Rating - The industry investment rating is "Overweight" [2][25]. Core Insights - Fixed asset investment in China showed a cumulative year-on-year decline of 2.6% from January to November 2025, with manufacturing investment increasing by 1.9% [2][3]. - Traditional infrastructure investment has seen a widening decline, necessitating a stabilization of investment. Infrastructure investment (including all categories) grew by only 0.1% year-on-year, a decrease of 1.4 percentage points compared to the previous month [4][3]. - Real estate investment remains low, with a year-on-year decline of 15.9% from January to November 2025, indicating a weak recovery trajectory [11][3]. Summary by Sections Fixed Asset Investment - The cumulative year-on-year decline in fixed asset investment is 2.6%, with a decrease of 0.9 percentage points from the previous month [3]. - Manufacturing investment has increased by 1.9%, but this is still a decline of 0.8 percentage points compared to the previous month [2]. Infrastructure Investment - Infrastructure investment (excluding electricity) has a year-on-year decline of 1.1%, with a decrease of 1.0 percentage points from the previous month [4]. - Specific sectors such as transportation, storage, and postal services saw a decline of 0.1%, while water, environment, and public facilities management experienced a decline of 6.3% [4]. Regional Investment Trends - Eastern regions reported a year-on-year decline of 6.6%, while central and western regions saw declines of 1.7% and 0.2%, respectively. The northeastern region faced a significant decline of 14.0% [4]. Real Estate Investment - Real estate investment has decreased by 15.9% year-on-year, with construction starts down by 20.5% and completions down by 18.0% [11]. - The current cycle is characterized by excessive clearing of supply entities and difficulties in inventory replenishment, leading to a slow recovery in investment [11]. Investment Recommendations - For 2026, the industry is expected to stabilize, with emerging sectors likely to benefit from major national strategies. Key companies to watch include Sichuan Road and Bridge, China Chemical, and others in new infrastructure and overseas markets [16].

Investment Rating - The report maintains an "Overweight" rating for the industry, indicating a positive outlook for investment opportunities in the sector [1]. Core Insights - Fixed asset investment growth in China has further declined, with a cumulative year-on-year decrease of 2.6% for January to November 2025, a drop of 0.9 percentage points compared to the previous period [2][3]. - Traditional infrastructure investment has seen an expanded decline, necessitating measures to stabilize investment. Infrastructure investment (including all categories) grew by only 0.1% year-on-year, down 1.4 percentage points from the previous month [4]. - Real estate investment remains low, with a year-on-year decrease of 15.9% for January to November 2025, indicating a weak recovery trajectory [11]. Summary by Sections Fixed Asset Investment - The cumulative year-on-year growth rate for fixed asset investment is -2.6%, with manufacturing investment showing a slight increase of 1.9% [2][3]. - The decline in traditional infrastructure investment has intensified, with significant drops in various sectors, including transportation and public facilities [4]. Infrastructure Investment - Infrastructure investment (excluding electricity) has decreased by 1.1% year-on-year, with notable declines in transportation and environmental management sectors [4]. - Regional investment disparities are evident, with the eastern region experiencing a 6.6% decline year-on-year [4]. Real Estate Investment - Real estate investment has decreased by 15.9% year-on-year, with construction starts down by 20.5% and completions down by 18.0% [11]. - The report anticipates a slow recovery in real estate investment due to challenges in inventory replenishment and supply chain issues [11]. Investment Recommendations - The report suggests that in 2026, industry investment is expected to stabilize, with emerging sectors likely to benefit from national strategic initiatives [15]. - Specific companies are highlighted for potential investment, including Sichuan Road and Bridge, China Chemical, and others in the new infrastructure and overseas markets [15].