中国建筑公告，2025年1-10月新签合同总额36065亿元，同比增1.0%；建筑业务新签合同额33194亿元， 增2.0%。房屋建筑施工面积15.88万万m2，降2.7%，新开工面积21178万m2，降14.7%，竣工面积15820 万m2，增8.9%。地产业务合约销售额2871亿元，降9.5%，合约销售面积1070万m2，降4.8%；期末土地 储备7482万m2，新购置732万m2。 ...

人民财讯11月14日电，中国建筑（601668）11月14日公告，2025年1—10月新签合同总额3.61万亿元， 同比增长1%。 ...

Market Overview - The housing construction sector experienced a decline of 0.16% on November 14, with high-tech development leading the losses [1] - The Shanghai Composite Index closed at 3990.49, down 0.97%, while the Shenzhen Component Index closed at 13216.03, down 1.93% [1] Stock Performance - Notable stock performances included: - Chongqing Construction (600939) rose by 2.09% to a closing price of 3.91, with a trading volume of 1.051 million shares and a turnover of 411 million yuan [1] - Shanghai Construction (600170) increased by 0.67% to 66.2, with a trading volume of 4.166 million shares and a turnover of 1.247 billion yuan [1] - Longyuan Construction (600491) saw a 0.60% increase to 3.36, with a trading volume of 260,700 shares and a turnover of 87.706 million yuan [1] - High-tech Development (000628) decreased by 0.61% to 45.39, with a trading volume of 40,700 shares and a turnover of 186 million yuan [1] Capital Flow - The housing construction sector had a net inflow of 18.8147 million yuan from main funds, while retail funds saw a net outflow of 10.9264 million yuan [1] - Detailed capital flow for selected stocks included: - Shanghai Construction (600170) had a main fund net inflow of 27.0481 million yuan, while retail funds saw a net outflow of 402.92 thousand yuan [2] - Chongqing Construction (600939) experienced a main fund net inflow of 13.4438 million yuan, with retail funds net outflow of 141.29 thousand yuan [2] - Longyuan Construction (600491) had a main fund net outflow of 325.21 thousand yuan, but retail funds saw a net inflow of 269.64 thousand yuan [2] - High-tech Development (000628) faced a main fund net outflow of 506.74 thousand yuan, while retail funds had a net inflow of 643.70 thousand yuan [2]

Core Insights - The company reported a total new contract value of 36,065 billion yuan for the period from January to October 2025, representing a year-on-year growth of 1.0% [1] - The construction business accounted for 33,194 billion yuan of the new contracts, with a year-on-year increase of 2.0% [1] - The real estate business saw a contract sales value of 2,871 billion yuan, reflecting a decline of 9.5% year-on-year [1] Contract Breakdown - New contracts in the housing construction sector amounted to 21,991 billion yuan, while infrastructure and surveying design contracts were 11,103 billion yuan and 100 billion yuan, respectively [1] - Domestic and overseas business contracts were 31,502 billion yuan and 1,691 billion yuan, respectively [1] Construction Activity - The company reported housing construction area of 158,811 million m², new construction area of 21,178 million m², and completed area of 15,820 million m² [1] - The contract sales area in the real estate sector was 1,070 million m², down 4.8% year-on-year [1]

Investment Rating - The report does not explicitly state an investment rating for the industry or specific companies [4]. Core Insights - Key monitored enterprises acquired 32 plots of land with a total transaction amount of 375.3 billion yuan [5][6]. - Brand real estate companies completed 4 financing transactions, totaling 45 billion yuan [5][6]. Land Reserves - Recent land acquisition details include: - Yuexiu Property acquired a residential land in Guangzhou for 1.194 billion yuan, with a premium of 8.2% [8]. - In Changsha, 3 residential plots were sold for a total of 1.89 billion yuan, with a maximum premium of 18% [9]. - China Green Development secured land in Sanya for 1.36 billion yuan at the base price [10]. - China Resources Land won a plot in Dongguan for 1.91 billion yuan, with a saleable floor price of 21,606 yuan/m² [11]. Investment Financing - Recent financing activities include: - Tiandi Source issued 200 million yuan in medium-term notes with an interest rate of 3.60% [12][14]. - Fuzhou Urban Investment Group successfully issued 580 million yuan in short-term financing bonds [15]. - China Communications Construction Company received approval for a 300 million yuan corporate bond [16]. - Hangzhou Anju Group's 2 billion yuan corporate bond was approved by the Shanghai Stock Exchange [17]. Corporate Dynamics - China State Construction Group signed a strategic cooperation framework agreement with the Chongqing government [18]. - Greentown Management and Chongqing Green Development signed a cooperation development agreement to enhance high-quality real estate projects [19].

Group 1 - The company is actively serving the digital economy by participating in the construction of several large-scale computing power centers [2] - Notable projects include the Hebei Artificial Intelligence Computing Power Center, the Volcano Engine Yangtze River Delta Computing Power Center, and the Lianrong Guangdong-Hong Kong-Macau Greater Bay Area Computing Infrastructure [2]

中国建筑（601668.SH）11月13日在投资者互动平台表示，公司承建了多个大型磷化工工厂项目，包括 贵州毕节磷煤化工一体化项目、贵州（黔南）恒轩新能源材料有限公司磷酸铁二期、湖北省（孝感）黄 麦岭磷化工有限公司5万吨/年磷酸铁及配套项目等。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问贵公司有建造了哪些大型磷化工工厂？ ...

每经AI快讯，有投资者在投资者互动平台提问：请问贵公司有建造了哪些大型海上风电场？ 中国建筑（601668.SH）11月13日在投资者互动平台表示，公司积极服务国家清洁能源战略，参与建设 了多个大型海上风电场项目，包括广东阳江海上风电场、福建莆田平海湾400MW海上风电场、山东能 源渤中海上风电等。 （文章来源：每日经济新闻） ...

Core Viewpoint - The company has undertaken several significant projects in the Fujian region, showcasing its involvement in major infrastructure developments [1] Group 1: Major Projects - The company is constructing the Cross-Strait Integration Development Demonstration Industrial Park and its supporting infrastructure [1] - The company is involved in the Fujian Agriculture and Forestry University Cross-Strait Joint College and the Cross-Strait Joint Research Institute projects [1] - The company is executing the second phase expansion of Fuzhou Changle International Airport [1] - The company is working on the Jingtai Expressway branch line from Minhou to Pingtan [1]

Core Viewpoint - The company is actively involved in constructing large mining bases to support energy security and regional economic development [1] Group 1: Mining Projects - The company has undertaken several significant mining projects, including the Inner Mongolia Dahuadian Graphite Mine Project [1] - The company is involved in the expansion and renovation of the coal mine in Tokkuz County, Xinjiang, with a capacity of 1.2 million tons per year [1] - The company is also engaged in the granite mining project in the Jafashalsu area of Toli County, Xinjiang [1]