Group 1 - The core point of the article is that China Metallurgical Group Corporation (China MCC) reported a decrease in new contract value for the period from January to October 2025, amounting to RMB 845.07 billion, which is an 11.8% decline compared to the same period last year [1] - The new overseas contract value for the same period reached RMB 71.16 billion, reflecting a growth of 7.3% year-on-year [1]

Core Insights - China Metallurgical Group Corporation (China MCC) reported a new contract signing amount of RMB 845.07 billion for the period from January to October 2025, representing a decrease of 11.8% compared to the same period last year [1] - The overseas contract signing amount reached RMB 71.16 billion, showing an increase of 7.3% year-on-year [1] Summary by Category - **New Contracts** - Total new contracts signed amounted to RMB 845.07 billion, down 11.8% year-on-year [1] - The overseas contracts contributed RMB 71.16 billion, which is an increase of 7.3% compared to the previous year [1]

承董事會命 中國冶金科工股份有限公司 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而發表。 以下為中國冶金科工股份有限公司（「本公司」）於二零二 五 年 十 一 月十四 日 在 上 海 證 券 交 易 所 網 站 刊 發 的 資 料 全 文，僅 供 提 供 信 息 之 用。 常 琦 聯席公司秘書 北 京，中 國 二零二五年 十 一 月 十 四 日 於 本 公 告 日 期，本 公 司 董 事 會 包 括 執 行 董 事：陳 建 光 先 生 及 白 小 虎 先 生； 非 執 行 董 事：郎 加 先 生 及 閆 愛 中 先 生（職工代表董事）；以 及 獨 立 非 執 行 董 事：劉力先生、吳 嘉 寧 先 生 及 周 國 萍 女 士。 * 僅供識別 A 股简称：中国中冶 A 股代码：601618 公告编号：临 2 ...

Core Viewpoint - China Metallurgical Group Corporation (China MCC) reported a new contract amount of 845.07 billion yuan for the period from January to October 2025, representing a year-on-year decrease of 11.8% [2] Group 1: Contract Performance - The new contract amount for the first ten months of 2025 is 845.07 billion yuan, which is a decline of 11.8% compared to the same period last year [2] - The overseas contract amount reached 71.16 billion yuan, showing a year-on-year growth of 7.3% [2]

Group 1 - The core point of the article is that China Metallurgical Group Corporation (China MCC) reported a decrease in new contract value for the period from January to October 2025, amounting to 845.07 billion yuan, which is an 11.8% decline compared to the same period last year [1] - The new overseas contract value reached 71.16 billion yuan, reflecting a 7.3% increase year-on-year [1]

Core Viewpoint - China Metallurgical Group Corporation (China MCC) reported a decrease in new contract value for the period from January to October 2025, indicating a potential slowdown in domestic operations while showing growth in overseas contracts [1] Group 1: Contract Performance - The new contract value signed by the company from January to October 2025 amounted to RMB 845.07 billion, representing a decrease of 11.8% compared to the same period last year [1] - The overseas contract value reached RMB 71.16 billion, which is an increase of 7.3% year-on-year [1]

Core Insights - The company reported a new contract amount of RMB 845.07 billion for the period from January to October 2025, representing a decrease of 11.8% compared to the same period last year [1] - The overseas contract amount reached RMB 71.16 billion, showing an increase of 7.3% year-on-year [1] Contract Details - Significant new contracts signed in October include: - Guangzhou Huangpu District Longhu Street Urban Village Renovation Project with a contract value of RMB 1.84 billion - Xianggelila Hongxin Mining Co., Ltd. Snow Chicken Ping Copper Mine overall management project valued at RMB 1.35 billion - Jinan Zhangqiu Bu Village 4A Scenic Area Comprehensive Upgrade and Supporting Service Facilities Construction Project valued at RMB 1.14 billion [1]

Core Points - The Shanghai Composite Index rose by 0.73% on November 13, with 27 out of 28 sectors experiencing gains, particularly in the power equipment and non-ferrous metals sectors, which increased by 4.31% and 4.01% respectively [1] - The construction decoration sector saw a modest increase of 0.52%, despite a net outflow of 9.93 billion yuan in main funds [2] - Overall, the main funds in the two markets had a net inflow of 24.471 billion yuan, with 16 sectors receiving net inflows, led by the power equipment sector with 11.478 billion yuan [1] Sector Performance - The construction decoration sector had 156 stocks, with 104 rising and 41 falling; 9 stocks hit the daily limit up [2] - The top three stocks in terms of net inflow in the construction decoration sector were China Nuclear Engineering (6.275 million yuan), Aoya Shares (4.825 million yuan), and Sanwei Chemical (4.096 million yuan) [2] - The leading stocks with net outflows included China Metallurgical Group (-4.113 billion yuan), Guosheng Technology (-1.524 billion yuan), and China State Construction Engineering (-814.633 million yuan) [4] Fund Flow Analysis - The construction decoration sector had a total of 56 stocks with net inflows, while 7 stocks experienced net outflows exceeding 50 million yuan [2][4] - The highest net inflow stock was China Nuclear Engineering, with a daily increase of 1.23% and a turnover rate of 4.18% [2] - The stock with the largest net outflow was China Metallurgical Group, which had a daily increase of 0.87% but a significant outflow of 4.113 billion yuan [4]

Core Insights - The construction decoration industry experienced a net outflow of funds amounting to 999.3 million yuan on November 13, despite a 0.52% increase in the sector's stock prices [1][2] Fund Flow Summary Inflow Highlights - The top three stocks with significant net inflows were: - China Nuclear Engineering with a net inflow of 62.75 million yuan, increasing by 1.23% [1] - Aoya Shares with a net inflow of 48.25 million yuan, surging by 20% [1] - Sanwei Chemical with a net inflow of 40.97 million yuan, rising by 6.81% [1] Outflow Highlights - The stocks with the highest net outflows included: - China Metallurgical Group with a net outflow of 411.34 million yuan, increasing by 0.87% [2] - Guosheng Technology with a net outflow of 152.41 million yuan, rising by 9.96% [2] - China State Construction with a net outflow of 81.46 million yuan, decreasing by 0.18% [2]

Core Insights - The event "Crafting Dreams, Building the Future" organized by China Metallurgical Group showcased the Baosteel Zhanjiang Steel Zero Carbon Project, highlighting the company's commitment to green and low-carbon metallurgy [1][2][4] Project Overview - The Baosteel Zhanjiang Steel Zero Carbon Project is the first domestic "hydrogen-based vertical furnace + electric furnace" short-process steelmaking line aimed at achieving near-zero carbon emissions [2] - The project includes the construction of a hot direct reduced iron (DRI) transportation facility and steelmaking engineering, featuring the largest 220-ton electric furnace in China [2] Event Highlights - The open day featured a combination of on-site observation and conference discussions, allowing participants to understand the project's significance, current progress, challenges, and technological applications [4] - Attendees toured key project structures, including the DRI tower and main steelmaking plant, and learned about the integration of digital construction management and intelligent installation technologies [4][11] Technological Innovations - The project employs a digital model for precise planning and efficient collaboration, significantly reducing resource consumption and carbon emissions [7] - An AI-powered safety management system has been implemented, which can identify safety hazards through video monitoring, reducing major risk response time to under five minutes [7] - The development of a "digital twin" system for the large electric furnace allows for real-time mapping between virtual and physical installations, ensuring high precision during assembly [9] Future Directions - China Metallurgical Group aims to continue its innovation-driven development strategy, focusing on the transformation towards high-level technological independence and contributing to the green, low-carbon, and high-quality development of the steel industry [11]