文/梧桐数据中心 据同花顺数据统计，有5405家A股上市公司披露了2024年末在职员工人数，共有2771家上市公司的员工人数实现增长，26家上市公司的 员工人数保持不变，2604家上市公司的员工人数同比减少（另有4家公司未披露2023年年末员工人数，未统计2024年同比情况）。其中， 比亚迪（002594）是2024年员工人数增加最多的A股上市公司，由2023年的70.34万人增长至96.89万人，同比增长26.54万人。 2024年末员工人数 最多 的前十家A股上市公司分别为：比亚迪（968872人）、中国移动（455405人）、农业银行（454716人）、工商银 行（415159）、建设银行（376847人）、中国石油（370799人）、中国建筑（361249人）、中国石化（355952人）、中国银行（312757 人）、中国中铁（297359人）。 | 排名 | 股票代码 | 股票简称 | 在职员工人数 | 在职员工人数 | 同比增长(人) | | --- | --- | --- | --- | --- | --- | | | | | (人)2024.12.31 | (人)2023.12.31 | | ...

Group 1 - Chengdu has issued its first high-temperature orange warning signal for 2025, marking the official start of the high-temperature period [1] - China Railway Construction has implemented effective measures to ensure construction safety and progress during extreme heat, including adjusting work shifts and prohibiting work when temperatures exceed 38°C [1][2] - The construction site is equipped with clean drinking water and cooling beverages, along with medical supplies to ensure the health of workers [1] Group 2 - Significant progress has been made in Chengdu's rail construction, including the successful electrification and transfer of the Chengdu Metro Line 13 Phase I, and the completion of major structures at various stations [2] - The labor unions at China Railway Construction will continue to enhance heat prevention measures and provide support to frontline workers to ensure their health and safety while advancing project construction [2]

Core Insights - The core viewpoint of the article emphasizes the rapid growth of the smart construction industry driven by technological advancements and the dual carbon goals, highlighting its role in enhancing efficiency, quality, and sustainability in the construction sector [1][15]. Industry Overview - Smart construction refers to the use of digital and information technologies to achieve intelligent, precise, and efficient construction processes, incorporating key components such as BIM technology, IoT, AI, big data analysis, robotics, VR/AR, and blockchain [3][5]. - The smart construction market in China is projected to grow from 4 trillion yuan in 2020 to 12 trillion yuan by 2024, with a compound annual growth rate (CAGR) of 31.61% [1][15]. Market Dynamics - The demand for smart construction is expected to continue growing, with projections indicating a market size of 15 trillion yuan by 2025, fueled by the widespread application of 5G, big data, and blockchain technologies [1][15]. - In 2024, the smart construction market's segmentation shows that smart construction services will account for 480 billion yuan (40% of the market), while BIM software and services will reach 360 billion yuan, and the construction robotics market will grow to 180 billion yuan with an 80% growth rate [16]. Regional Analysis - The smart construction industry exhibits distinct regional characteristics, with the Yangtze River Delta leading the market at 35%, followed by the Guangdong-Hong Kong-Macao Greater Bay Area at 30%, and the Beijing-Tianjin-Hebei region at 20% [19]. Policy Environment - The Chinese government has introduced various policies to support the development of smart construction, including the inclusion of "intelligent construction" in the 2024 Green Low-Carbon Transition Industry Guidance Directory, which promotes the integration of digital design and intelligent construction technologies [8][10]. Key Players - Major companies in the smart construction sector include China State Construction Engineering Corporation, China Railway Group, and Glodon Company Limited, which leverage their scale, technology, and brand advantages to lead the market [21][23]. - Emerging technology firms are also entering the smart construction space, focusing on areas such as BIM software and intelligent construction solutions [21][23]. Future Trends - The smart construction industry is expected to increasingly integrate AI-driven decision optimization and automated operations across the entire value chain, transitioning from experience-driven to data-driven approaches [29]. - Digital construction will focus on seamless data integration and collaboration, utilizing technologies like BIM and GIS for lifecycle management, while blockchain will enhance supply chain transparency [30][31].

Core Viewpoint - The management of market value by central state-owned enterprises has transitioned from a policy advocacy phase to a comprehensive implementation phase, with companies actively responding to policy requirements and releasing signals of high-quality development to the capital market [1] Group 1: Market Value Management Initiatives - The Beijing Listed Companies Association organized a seminar on "Market Value Management and Value Investment," involving over 200 participants from listed companies and investment research institutions [1] - The Secretary-General of the Beijing Listed Companies Association emphasized the importance of market value management for company influence, investor relations, and the stability of the capital market [1] Group 2: Core Competitiveness Enhancement - Participating companies believe that the core of market value management lies in solidifying the intrinsic value of enterprises, focusing on main business development, and enhancing core competitiveness through technological innovation and management optimization [2] - China Railway, leading the investment and operation of the Jingwei Expressway, showcased its technological advantages and commitment to safety and efficiency through the application of new technologies during construction [2] Group 3: Company Practices in Market Value Management - China Railway has developed a long-term mechanism for market value management, focusing on institutional innovation, practical planning, and performance assessment [4][5] - Jinju Group has established a long-term mechanism for market value management, emphasizing value creation, growth, transmission, and maintenance [5] - China Chemical's market value management is driven by high-quality development and a dual focus on technological and management innovation, aiming to enhance operational efficiency and core competitiveness [6] Group 4: Knowledge Sharing and Future Directions - Representatives from listed companies shared their experiences in market value management, highlighting the importance of improving company quality while maximizing shareholder returns [4][7] - The Beijing Listed Companies Association plans to continue promoting advanced experiences and practices in market value management among its members, fostering a collaborative environment for learning and improvement [7]

金融界5月26日消息，上证指数低开震荡，中证全指建筑与工程指数 (建筑工程，H30195)报3572.10点。 数据统计显示，中证全指建筑与工程指数近一个月下跌0.46%，近三个月下跌2.46%，年至今下跌 6.61%。 从中证全指建筑与工程指数持仓的市场板块来看，上海证券交易所占比78.88%、深圳证券交易所占比 21.12%。 从中证全指建筑与工程指数持仓样本的行业来看，基础设施建设占比48.77%、房屋建设占比20.36%、 专业工程占比20.10%、建筑设计及服务占比9.23%、园林工程占比1.55%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在下一个定期 调整日前，权重因子一般固定不变。遇临时调整时，当中证全指指数调整样本时，中证全指行业指数样 本随之进行相应调整。在样本公司有特殊事件发生，导致其行业归属发生变更时，将对中证全指行业指 数样本进行相应调整。当样本退市时，将其从指数样本中剔除。样本公司发生收购、合并、分拆等情形 的处理，参照计算与维护细则处理。 据了解，为 ...

Group 1 - The Beijing University of Technology's Xiong'an campus project is progressing with the first group of buildings expected to be completed by December 2023 and ready for student use by September 2024 [1][2] - The total planned construction area for the Xiong'an campus is 1.9 million square meters, with the first phase covering approximately 941,800 square meters, aimed to accommodate around 36,000 students by 2035 [2] - The China Railway Xiong'an Innovation Center project is also advancing, with all 30 residential buildings topped out and 70% of the secondary structure completed, aiming for market entry by April 2024 [2][4] Group 2 - The China Railway Xiong'an Innovation Center is designed as a headquarters for the China Railway industry cluster in Xiong'an, covering 305 acres with a planned area of 440,600 square meters, including residential, office, and commercial facilities, expected to be fully delivered by October 2026 [4] - The Xiong'an New Area has seen significant progress in relieving non-capital functions from Beijing, with over 300 branches of central enterprises established and 59 new subsidiaries introduced in 2024 alone, indicating strong economic momentum [4]

Core Viewpoint - Central state-owned enterprises (SOEs) are actively implementing value management strategies to enhance their market capitalization and overall company value, transitioning from policy advocacy to practical implementation [1][2][3] Group 1: Central SOEs' Value Management Initiatives - Multiple central SOEs, including State Grid and China Huaneng, have held performance briefings emphasizing "value management" and "company value" as key themes [1] - China Huaneng has increased its shareholding in its listed companies four times in the past two years, with a total market capitalization exceeding 300 billion [2] - China Electric Power Construction has set a core goal of addressing "net asset value issues" and is systematically advancing its value management plan [2] Group 2: Local Government Support for Value Management - Local governments in Shanghai, Fujian, and Jilin have introduced policies to incorporate value management into the economic development strategies of state-owned enterprises [3] - Shanghai's recent action plan aims to enhance the value management systems of state-controlled listed companies [3] - Fujian's measures integrate value management into the performance assessment of state-owned listed companies, marking a shift from "soft constraints" to "hard indicators" [3] Group 3: Market Opportunities and Future Outlook - Analysts predict that the collective strengthening of value management among central SOEs will create new opportunities for value reassessment in the capital market [4][5] - The implementation of value management is expected to enhance operational efficiency, resource allocation, and innovation capabilities within these enterprises [4] - There is an anticipated acceleration in the development and implementation of value management systems among central SOEs, particularly those facing net asset value challenges [5]

Investment Rating - The report maintains an "Overweight" rating for the construction and decoration industry [1] Core Views - Infrastructure investment remains stable, with a focus on water conservancy and cleanroom engineering sectors [1] - The first four months of 2025 saw a 5.8% year-on-year increase in infrastructure investment, with notable growth in water management (30.7%), water transportation (26.9%), and air transportation (13.9%) [10][15] - The report highlights the resilience of the economy despite external pressures, with construction material retail sales showing a significant increase of 9.7% in April [15] Summary by Sections Industry Dynamics - The report notes that the overseas contracting business is expected to benefit from the Belt and Road Initiative, with new contract amounts reaching $76.59 billion, a 22.4% year-on-year increase [2][11] - Companies involved in specialized engineering sectors, energy conservation, and new energy infrastructure are anticipated to see growth opportunities [11] Market Performance - The construction and decoration sector experienced a decline of 0.97% in the week of May 19-23, 2025, while the broader market indices showed smaller declines [5] - The report suggests that the performance of construction companies remains stable, with a focus on state-owned enterprises and local government enterprises for potential valuation recovery [10] Policy and Economic Data - The report emphasizes the importance of proactive macroeconomic policies to support infrastructure investment, with expectations for increased fiscal policy support in the second quarter [10][15] - The construction PMI showed a decline, indicating weaker project expectations, which necessitates close monitoring of funding and policy impacts [10]

细数广东的"百千万工程"建设，在广东河源、汕尾、梅州等11个地市，可见"基建狂魔"中国中铁的活跃 身影。在今年2月5日举行的广东省高质量发展大会上，中铁（广州）投资发展有限公司党委书记、董事 长李仲峰就明确表示，坚持以最优的对接、最快的速度、最大的投资，建立最好的央地合作关系，加力 提速推进广东省"百千万工程"。 五月里，初夏已经来到岭南。穿过楼宇街道焕发新颜的乡镇，穿过山野阡陌交错的乡村，田园里绿波摇 曳生姿，枝头藤蔓间瓜果飘香，乡野间处处绿肥红瘦繁花怒放。 在这生机盎然的乡村图景背后，是广东"百千万工程"已经卓见成效。今年"五一假期"，广东全省接待游 客4608.2万人次，实现旅游收入295亿元；当中，纳入监测的100个乡村旅游点和历史古村落接待游客 188.9万人次，同比增长15.5%。 中铁速度 87天绘就连平"隆韵新章" 在河源市连平县隆街，中铁（广州）投资公司（下称中铁广投）以"隆隆奋进、盛市繁街"精神为引领， 深度挖掘隆街镇"历史味、烟火味、创新味"，将传统与现代巧妙融合，精心雕琢"隆韵新章"主题IP，将 隆街镇打造成乡村振兴示范样板。 该建设项目涵盖市场改造、公共设施升级、道路优化等9大核心工 ...

Group 1 - The construction of the Jinan Metro Line 6 has achieved a significant milestone with the completion of the double-line connection between Dongcang Station and Shandong University Station, 15 days ahead of schedule, enhancing the overall construction efficiency [1] - The East section of the line spans 996.6 meters and faces complex geological conditions, including hard rock and high water pressure, presenting unique challenges for construction [4] - The project utilized innovative "high-pressure abrasive jet - mechanical combined rock breaking" shield tunneling technology, improving rock excavation efficiency by 30% and reducing noise and vibration by 50% compared to traditional methods [7] Group 2 - The construction progress has set new records for similar complex geological conditions, achieving daily advancements of 18 rings and 27 meters for a single line, and 28 rings and 42 meters for double lines [7] - The successful double-line connection not only marks a major breakthrough in the construction of Jinan Metro Line 6 but also provides valuable experience for future similar projects [13] - The company aims to continue applying intelligent construction technologies in metro construction to create high-quality projects and support the high-quality development of urban transportation in Jinan [13]