Core Viewpoint - China Communications Design (stock code: 600720) reported that as of November 7, 2025, the number of shareholders reached 63,721 [1] Summary by Category - **Company Information** - The company has a total of 63,721 shareholders as of the specified date [1]

Investment Rating - The investment rating for the company is "Buy" and is maintained [9]. Core Insights - The company reported a revenue of 6.116 billion yuan for the first three quarters, a year-on-year decrease of 9.09%. The net profit attributable to shareholders was 752 million yuan, down 23.29% year-on-year, while the net profit after deducting non-recurring items was 685 million yuan, a decrease of 22.95% year-on-year [2][6][12]. - The gross profit margin has declined, with the overall gross margin for the first three quarters at 26.59%, down 1.98 percentage points year-on-year. In the third quarter alone, the gross margin was 22.59%, a decrease of 7.42 percentage points year-on-year [12]. - The company has improved its cash collection ratio, achieving a cash collection ratio of 91.73% for the first three quarters, an increase of 3.43 percentage points year-on-year. In the third quarter, the cash collection ratio was 136.11%, with a net cash inflow from operating activities of 260 million yuan, marking a turnaround [12]. Summary by Sections Financial Performance - For the first three quarters, the company achieved a total revenue of 6.116 billion yuan, a decrease of 9.09% year-on-year. The net profit attributable to shareholders was 752 million yuan, down 23.29% year-on-year, and the net profit after deducting non-recurring items was 685 million yuan, a decrease of 22.95% year-on-year [12]. - In the third quarter, the company reported a revenue of 1.757 billion yuan, a decrease of 1.18% year-on-year, and a net profit of 193 million yuan, down 45.39% year-on-year [12]. Operational Highlights - The company signed new contracts worth 9.39 billion yuan in the first half of 2025, exceeding its planned targets, indicating a robust order backlog. The company is focusing on digital solutions in infrastructure design, leveraging its BIM+AI platform [12]. - The company is actively engaging in urban renewal projects and low-altitude economy initiatives, which are expected to provide significant growth opportunities [12].

投资者关系活动记录表 证券代码：600720 证券简称：中交设计 中交设计咨询集团股份有限公司 投资者关系 活动类别 □特定对象调研 □媒体采访 □新闻发布会 □现场参观 □分析师会议 ☑业绩说明 □路演活动 □其他 时间 2025 年 11 月 6 日 地点 网络业绩说明会（线上） 上市公司接待 人员 公司董事、总经理 范振宇 公司财务总监、总法律顾问、董事会秘书 曹艳蓉 公司独立董事 马继辉 问答交流纪要 1.在"十五五"规划期间，作为交通基建设计企业，贵司智慧交通领域业 务发展的方向是什么？ 答："十四五"期间，在智慧交通领域，我们聚焦交通基础设施的安全与 效率提升，建立了从设计咨询、实施到数据分析的全过程服务体系。比如，我 们研发的交通基础设施安全耐久管理智能监测与数据分析关键技术已成功应用 于港珠澳大桥、深中通道、宜昌长江大桥等重大工程，为这些工程的数字化转 型提供了核心技术支撑。同时，我们还在积极构建城市交通管理智能中枢平 台，通过汇聚路、车、人、环多源数据，实现实时分析与优化，推动交通管理 从"经验为主"向"智能为主"跨越。目前，相关成果已纳入多项国家及行业 标准，累计授权发明专利上百件，还获得 ...

Core Viewpoint - 中交设计 reported a revenue of 6.116 billion yuan and a net profit of 752 million yuan for the first three quarters of 2025, indicating strong performance in the engineering design consulting sector [1] Group 1: Financial Performance - For the first three quarters of 2025, the company achieved a revenue of 6.116 billion yuan and a net profit of 752 million yuan, with basic earnings per share at 0.33 yuan [1] Group 2: Strategic Initiatives - 中交设计 is focusing on deep space development, particularly in underground transportation, storage, and specialized caverns, with notable projects including the Heilongjiang underground smart parking lot and the 300MW compressed air energy storage in Qinghai [2] - The company is also actively engaging in urban renewal projects, targeting old neighborhood renovations and infrastructure upgrades, which are expected to create a second growth curve for the company [2] Group 3: Investor Relations - 中交设计 has been recognized for its commitment to investor relations, receiving an A-class rating for information disclosure from the Shanghai Stock Exchange, reflecting its adherence to disclosure obligations and quality improvement [2] Group 4: Future Outlook - The company aims to continue its mission as a "national team" in design, focusing on technological innovation and market demand in infrastructure construction, deep space development, and urban renewal [3]

Core Viewpoint - China Communications Construction Design (SH 600720) reported a decline in both revenue and net profit for the first three quarters of 2025, indicating potential challenges in its financial performance [1]. Financial Performance - Revenue for the first three quarters of 2025 was approximately 6.116 billion yuan, a year-on-year decrease of 9.09% [1]. - Net profit attributable to shareholders was around 752 million yuan, reflecting a year-on-year decline of 23.29% [1]. - Basic earnings per share were 0.3278 yuan, down 31.07% compared to the previous year [1].

Group 1 - The company, China Communications Design (SH 600720), announced its 17th board meeting of the 10th session held on October 30, 2025, discussing the budget plan for total salary expenses for 2024 and 2025 [1] - For the year 2024, the company's revenue composition is reported as 98.59% from services and 1.41% from other businesses [1]

证券代码：600720 证券简称：中交设计 公告编号：2025-038 中交设计咨询集团股份有限公司 第十届董事会第十七次会议决议公告 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法律责任。 一、董事会会议召开情况 2025 年 10 月 20 日，公司以书面形式发出第十届董事会第十七次会议的通 知。会议于 2025 年 10 月 30 日以现场加通讯（视频会议）方式召开。会议应到 董事 8 名，现场参会并表决的董事 3 名，视频方式参会并表决的董事 5 名。公司 高级管理人员列席了会议，会议由董事长崔玉萍主持。本次会议的召集、召开和 表决程序及方式符合有关法律法规以及《公司章程》 的规定。 二、董事会会议审议情况 （一）审议通过《关于审议公司<2025 年第三季度报告>的议案》 1.同意通过《2025 年第三季度报告》。具体内容详见同日在上海证券交易所 网站（www.sse.com.cn）披露的《中交设计 2025 年第三季度报告》。 2.本议案在提交董事会前已经第十届董事会审计委员会 2025 年第五次会议 审议通过，并同意提交董 ...

Financial Performance - The company's operating revenue for the third quarter was approximately ¥1.76 billion, a decrease of 1.18% compared to the same period last year[6]. - Total profit for the third quarter was approximately ¥247.18 million, down 38.53% year-on-year[6]. - Net profit attributable to shareholders was approximately ¥192.91 million, reflecting a decline of 45.39% compared to the previous year[6]. - The basic earnings per share for the third quarter was ¥0.0841, a decrease of 50.90% year-on-year[6]. - Net profit for the first three quarters of 2025 was CNY 767,877,034.75, a decline of 22.9% from CNY 996,342,292.12 in 2024[21]. - Basic and diluted earnings per share for the first three quarters of 2025 were CNY 0.3278, down from CNY 0.4756 in the same period of 2024[22]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥30.31 billion, a decrease of 1.40% from the end of the previous year[6]. - Total current assets as of September 30, 2025, amount to ¥20,810,040,619.56, a decrease from ¥21,031,093,811.59 as of December 31, 2024[17]. - The total liabilities as of September 30, 2025, were CNY 14,700,209,256.87, compared to CNY 15,382,251,584.31 as of December 31, 2024[19]. - The company's total current liabilities as of September 30, 2025, were CNY 11,651,185,364.49, compared to CNY 12,207,444,405.53 at the end of 2024[19]. Cash Flow - The net cash flow from operating activities for the year-to-date was approximately -¥1.09 billion, indicating a negative cash flow situation[6]. - In the first three quarters of 2025, the cash inflow from operating activities was CNY 6,773,333,929.87, a decrease of 8.8% compared to CNY 7,431,073,272.96 in the same period of 2024[24]. - The net cash outflow from operating activities was CNY -1,087,537,950.38, improving from CNY -1,384,730,137.52 in the first three quarters of 2024[25]. - The cash inflow from investment activities was CNY 193,415,156.64, down 74.2% from CNY 750,457,656.70 in the same period of 2024[25]. - The total cash and cash equivalents at the end of the period was CNY 6,079,680,222.20, slightly down from CNY 6,141,503,051.30 at the end of the same period in 2024[25]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 65,059[13]. - The largest shareholder, China Communications Construction Company, holds 1,110,869,947 shares, representing 48.41% of total shares[13]. - The equity attributable to shareholders increased by 1.57% to approximately ¥15.26 billion compared to the end of the previous year[6]. - The total equity attributable to shareholders of the parent company was CNY 15,260,061,621.67 as of September 30, 2025, an increase from CNY 15,024,654,959.11 at the end of 2024[19]. Operational Insights - The company experienced a significant decline in profitability due to a slowdown in revenue from certain projects while costs continued to rise[11]. - There are no significant reminders for investors regarding the company's operational situation during the reporting period[15]. - The company has no significant changes in the participation of major shareholders in margin trading and securities lending[14].

Core Viewpoint - The company reported a decline in both revenue and net profit for the third quarter and the first three quarters of the year, indicating potential challenges in its financial performance [1] Financial Performance - In the third quarter, the company achieved a revenue of 1.757 billion yuan, a year-on-year decrease of 1.18% [1] - The net profit attributable to shareholders for the third quarter was 193 million yuan, down 45.39% year-on-year [1] - For the first three quarters, the company reported a total revenue of 6.116 billion yuan, reflecting a year-on-year decline of 9.09% [1] - The net profit attributable to shareholders for the first three quarters was 752 million yuan, which is a decrease of 23.29% compared to the same period last year [1]

中交设计咨询集团股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 中交设计咨询集团股份有限公司（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个别及连带责任。 重要内容提示： 会议召开时间：2025 年 11 月 6 日（星期四）上午 10:00-11:00 投资者可于 11 月 5 日（星期三）12:00 前通过公司邮箱（ccccdc@cccclt d.cn）进行提问，公司将在说明会上对投资者普遍关注的问题进行回答。 证券代码：600720 证券简称：中交设计 公告编号：2025-039 公司于 2025 年 10 月 31 日发布 2025 年第三季度报告，为便于广大投资者更 全面深入地了解公司 2025 年截至三季度经营成果和财务状况，公司计划于 2025 年 11 月 6 日上午 10:00-11:00 召开 2025 年第三季度业绩说明会，就投资者关心 的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动的形式召开，公司将针对 2025 年截至三季度 经营情况及财务指标的具体情况与投资者进行互 ...