Core Viewpoint - The housing construction sector experienced a decline of 1.02% on January 21, with Chongqing Construction leading the drop, while the overall market indices showed slight gains [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4116.94, up 0.08% - The Shenzhen Component Index closed at 14255.12, up 0.7% [1] Group 2: Individual Stock Performance - High-tech Development (000628) closed at 49.48, up 1.92% with a trading volume of 75,300 shares and a turnover of 371 million yuan - Shanghai Construction (600170) closed at 2.93, down 0.34% with a trading volume of 1,911,000 shares and a turnover of 558 million yuan - Ningbo Construction (601789) closed at 5.17, down 0.39% with a trading volume of 179,800 shares and a turnover of 92.875 million yuan - Zhejiang Construction Investment (002761) closed at 8.73, down 0.68% with a trading volume of 121,800 shares and a turnover of 106 million yuan - Shaanxi Construction (600248) closed at 3.64, down 1.09% with a trading volume of 210,800 shares and a turnover of 76.804 million yuan - China Construction (601668) closed at 5.08, down 1.17% with a trading volume of 2,581,800 shares and a turnover of 1.318 billion yuan - Longyuan Construction (600491) closed at 667, down 2.61% with a trading volume of 269,000 shares and a turnover of 81.136 million yuan - Chongqing Construction (600939) closed at 3.20, down 3.03% with a trading volume of 317,200 shares and a turnover of 101 million yuan [1] Group 3: Capital Flow Analysis - The housing construction sector saw a net outflow of 2.3611 million yuan from main funds, while speculative funds had a net inflow of 95.6059 million yuan, and retail investors experienced a net outflow of 93.2448 million yuan [1] - China Construction (601668) had a main fund net inflow of 67.5984 million yuan, while retail investors saw a net outflow of 111 million yuan [2] - High-tech Development (000628) had a main fund net inflow of 11.2287 million yuan, with retail investors experiencing a net outflow of 36.8553 million yuan [2] - Shaanxi Construction (600248) had a main fund net inflow of 2.6979 million yuan, while retail investors saw a net outflow of 10.0428 million yuan [2] - Zhejiang Construction Investment (002761) had a main fund net outflow of 0.6481 million yuan, with retail investors experiencing a net outflow of 5.8742 million yuan [2] - Chongqing Construction (600939) had a main fund net outflow of 10.6428 million yuan, while retail investors saw a net inflow of 8.5781 million yuan [2] - Ningbo Construction (601789) had a main fund net outflow of 11.3609 million yuan, with retail investors experiencing a net inflow of 4.8513 million yuan [2] - Longyuan Construction (600491) had a main fund net outflow of 20.4450 million yuan, while retail investors saw a net inflow of 7.6028 million yuan [2] - Shanghai Construction (600170) had a main fund net outflow of 40.7891 million yuan, with retail investors experiencing a net inflow of 49.4430 million yuan [2]

Core Viewpoint - The housing construction sector experienced a rise of 1.69% on January 20, with Longyuan Construction leading the gains, while the overall market indices showed slight declines [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4113.65, down 0.01% [1] - The Shenzhen Component Index closed at 14155.63, down 0.97% [1] - The housing construction sector saw a net inflow of 305 million yuan from main funds, while retail investors experienced a net outflow of 138 million yuan [1] Group 2: Individual Stock Performance - Longyuan Construction (600491) closed at 3.07 yuan, up 5.50% with a trading volume of 459,400 shares and a turnover of 141 million yuan [1] - Chongqing Construction (600939) closed at 3.30 yuan, up 5.43% with a trading volume of 521,100 shares and a turnover of 170 million yuan [1] - China State Construction (601668) closed at 5.14 yuan, up 1.78% with a trading volume of 3,493,700 shares and a turnover of 1.789 billion yuan [1] Group 3: Fund Flow Analysis - China State Construction had a main fund net inflow of 257 million yuan, while retail investors had a net outflow of 113 million yuan [2] - Chongqing Construction saw a main fund net inflow of 18.33 million yuan, with retail investors experiencing a net outflow of 14.10 million yuan [2] - Longyuan Construction had a main fund net inflow of 7.27 million yuan, with retail investors also seeing a net outflow of 2.45 million yuan [2]

Group 1 - Company announced multiple project wins, totaling approximately 20.89 billion yuan in construction volume [2] - Company, in a consortium with other firms, won the "G50 Hu-Yu Expressway Dianjiang to Changshou Section Reconstruction Project" with a bid of about 34.11 billion yuan, where the company's share is approximately 5.00 billion yuan and the project duration is 36 months [2] - Company, in partnership with another firm, secured the "Rapid Road Yizong Line Phase II Project" with a bid of 10.23 billion yuan, where the company's share is about 5.12 billion yuan and the project duration is 1460 calendar days [2] Group 2 - A consortium led by another company won the "Fuju River Mainstream Weituo and Fujin Dam Power Plant Ship Lock Capacity Upgrade Project" with a bid of 14.00 billion yuan, where the company's subsidiary will undertake approximately 6.20 billion yuan of the work, with project durations of 48 and 54 months respectively [3] - Company’s subsidiary, in a joint venture, won the "Yubei N18-6-3 Primary School and two other school projects" with a bid of about 4.58 billion yuan, where the subsidiary's share is approximately 4.57 billion yuan and the project duration is 540 calendar days [3]

Group 1 - Hualing Cable has terminated the acquisition of control over Hunan Xingxin Aerospace New Materials Co., Ltd. due to failure to reach agreement on specific terms, which will not adversely affect its operations or financial status [2] - Nanshan Aluminum plans to invest approximately $436.57 million to establish a 250,000-ton electrolytic aluminum project in Indonesia through its subsidiaries [3] - Wuzhou New Spring reported that its production and operational activities are normal, with no significant changes in the internal and external business environment, despite a stock price increase of over 20% [4] Group 2 - Aerospace Power clarified that its main business does not involve commercial aerospace and has no related investments, with revenue from this sector accounting for less than 2% [5] - Yidian Tianxia's stock will resume trading after completing a suspension for price volatility, with a cumulative price increase of over 100% during the suspension period [6] - Jiangxi Copper has signed a cooperation framework agreement with China Ordnance Material Group to supply cathode copper, crude copper, and electrolytic nickel, constituting a related party transaction [7] Group 3 - Dingtong Technology expects a 119.59% increase in net profit for 2025, driven by strong demand in the AI-driven communications connector market [9] - BAIC Blue Valley anticipates a net loss of between 4.35 billion and 4.65 billion yuan for 2025, despite a sales increase of 84.06% [10] - Minfeng Special Paper forecasts a 78% decrease in net profit for 2025, projecting a profit of around 1.57 million yuan [11] Group 4 - Changqing Co. expects a net loss of between 175 million and 215 million yuan for 2025 [12] - Hongbai New Materials anticipates a net loss of between 110 million and 150 million yuan for 2025, citing industry competition and increased operational costs as key factors [13] - Beiba Media projects a net loss of between 8 million and 12 million yuan for 2025, largely due to significant impairment losses from an associate company [14] Group 5 - Kuan She Co. expects a net loss of between 361 million and 433 million yuan for 2025, impacted by macroeconomic conditions and increased competition [15] - Shui Jing Fang forecasts a 71% decrease in net profit for 2025, with expected revenue dropping by 42% due to industry adjustments [17] - Haiyou New Materials anticipates a net loss of between 440 million and 520 million yuan for 2025 [18] Group 6 - Sanfangxiang expects a net loss of between 760 million and 840 million yuan for 2025, with losses increasing by 55.91% to 72.32% compared to the previous year [19] - Hongya CNC's controlling shareholder plans to increase shareholding by 30 million to 60 million yuan [21] - Top Software's shareholder plans to reduce its stake by up to 0.87% [22]

Group 1 - Chongqing Construction Group Co., Ltd. and its subsidiaries have recently received project bidding notifications for several construction projects [1] - The company, as the leading entity, along with a consortium of other firms, won the bid for the G50 Huyu Expressway expansion project from Dianjiang to Changshou [1] - The company also secured the bid for the second phase of the rapid road project from Nongma Interchange to Baipeng Road Interchange [1] - Additionally, a consortium led by China Communications First Navigation Engineering Bureau won the bid for the upgrade and expansion of the ship lock at the Fuxi River [1] - Chongqing Construction Third Engineering Co., Ltd. and its partner won the bid for construction projects related to three schools in Yubei [1]

近日，重庆建工集团股份有限公司（以下简称"公司"）及所属全 资子公司收到项目中标通知书，具体情况公告如下： 一、G50 沪渝高速垫江至长寿段改扩建工程施工总承包 中标人：重庆建工集团股份有限公司（牵头人）、浙江交工集团 股份有限公司、重庆交通建设（集团）有限责任公司、北京云星宇交 通科技股份有限公司、重庆公路养护工程（集团）有限公司、河北交 投路桥建设开发有限公司、重庆高速巨能建设集团有限公司联合体 | 证券代码：600939 | 证券简称：重庆建工 公告编号：临 2026-005 | | --- | --- | | 债券代码：254104 | 债券简称：24 渝建 01 | 重庆建工集团股份有限公司 关于工程项目中标的公告 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。 项目概况：项目位于重庆市长寿区、垫江县，以施工总承包模式 运营。全线采用高速公路标准沿既有老路改扩建，设计桩号范围为 K60+370-K105+990，路线全长 45.62 公里，设计速度 100 公里/小时。 全线设置大桥 919.24m/6 座、中 ...

Core Viewpoint - The company has recently received project bidding notifications for multiple construction projects, indicating a positive outlook for future revenue generation and business expansion [1] Group 1: Project Details - The company and its wholly-owned subsidiaries have won bids for several projects, including: - G50 Hu-Yu Expressway expansion project with a bid price of 3.411 billion yuan, where the company will undertake approximately 500 million yuan, with a construction period of 36 months [1] - Phase II of the Fast Track Yizong Line from Nongma Interchange to Baipeng Road Interchange, with a bid price of 1.023 billion yuan, where the company will undertake approximately 512 million yuan, with a construction period of 1460 days [1] - Upgrading and expansion of the Weitou and Fujin Dam ship locks on the Fujiang River, with a bid price of 1.399 billion yuan, where the subsidiary will undertake approximately 620 million yuan, with construction periods of 48 months for Weitou and 54 months for Fujin Dam [1] - Three school projects including Yubei N18-6-3 Primary School, with a bid price of 457 million yuan, where the subsidiary will undertake the full amount, with a construction period of 540 days [1] Group 2: Financial Impact - As of the announcement date, the projects have not yet signed formal contracts, which means their impact on current revenue and profits is limited [1]

Core Viewpoint - The company, Chongqing Construction Group Co., Ltd., anticipates a significant increase in losses for the fiscal year 2025, projecting a net profit attributable to shareholders of approximately -1.18 billion yuan and a net profit of about -1.23 billion yuan after excluding non-recurring gains and losses [1][3][4]. Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to December 31, 2025 [2]. - The estimated net profit attributable to shareholders for 2025 is projected to be -1.18 billion yuan, indicating an increase in losses compared to the previous year [3]. - The estimated net profit after excluding non-recurring gains and losses is projected to be -1.23 billion yuan [4]. Group 2: Previous Year’s Performance - In the previous year, the total profit was -395.33 million yuan, with a net profit attributable to shareholders of -436.29 million yuan and a net profit of -650.90 million yuan after excluding non-recurring gains and losses [6]. - The earnings per share for the previous year were -0.24 yuan [7]. Group 3: Reasons for Performance Changes - The decline in performance is attributed to reduced new order volumes due to industry adjustments and local debt issues, along with delays in project commencement and construction progress, leading to a year-on-year decrease in revenue [8]. - Increased competition and extended project timelines have resulted in higher labor and management costs, contributing to a decrease in gross margin and further pressure on the company's performance [8]. Group 4: Future Outlook - The company aims to enhance its operational model, strengthen management, mitigate risks, and promote transformation in 2025, focusing on reform, business expansion, management improvement, innovation, and capability building [12]. - The company plans to strengthen its understanding of industrial policies and actively align with national strategic directions, leveraging opportunities from major projects won at the end of 2025 to expand its market presence [12].

重庆建工（600939）(600939.SH)发布公告，公司预计2025年年度实现归属于母公司所有者的净利润为 亏损11.8亿元左右，与上年同期相比，将增加亏损。 ...

智通财经APP讯，重庆建工(600939.SH)发布公告，公司预计2025年年度实现归属于母公司所有者的净 利润为亏损11.8亿元左右，与上年同期相比，将增加亏损。 ...