中国建筑(601668.SH)公告，公司近期获得三项重大项目，包括四川绵阳惠科新型显示产业园基础设施 建设项目EPC总承包、广东清远灏嵩绿色循环科创园建设工程、辽宁大连金州湾国际机场工程航站楼、 楼前高架桥及附属设施工程施工总承包。项目金额合计106.7亿元。 ...

人民财讯11月27日电，中国建筑（601668）11月27日公告，近期公司获得3个重大项目，合计金额106.7 亿元，占2024年度经审计营业收入的0.5%。 ...

中国建筑股份有限公司董事会 重大项目公告 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。 近期，本公司获得如下重大项目，现予公布供投资者参阅。 | 序号 | 项目获得单位 | 项目名称 | 项目金额 （亿元） | | --- | --- | --- | --- | | 一 房屋建筑 | | | | | 中建八局 1 | | 四川绵阳惠科新型显示产业园基础设施建设项 目 总承包 EPC | 36.0 | | 2 中建四局 | | 广东清远灏嵩绿色循环科创园建设工程 | 28.0 | | 二 基础设施 | | | | | 1 | 中建八局、中建基 | 辽宁大连金州湾国际机场工程航站楼、楼前高架 | 42.7 | | 础、中建三局 | | 桥及附属设施工程施工总承包 | | | 项目金额合计 | | | 106.7 | | 项目金额合计/2024 | | 年度经审计营业收入 | 0.5% | 证券代码：601668 证券简称：中国建筑 公告编号：临 2025-076 二〇二五年十一月二十七日 1 ...

Core Viewpoint - The company has recently secured four significant projects, totaling 10.67 billion yuan, which represents 0.5% of its audited revenue for 2024 [1] Group 1: Project Details - The company won two housing construction projects: the Sichuan Mianyang Huike New Display Industry Park infrastructure construction project with a total contract value of 3.6 billion yuan and the Guangdong Qingyuan Haosong Green Circular Science and Technology Park construction project valued at 2.8 billion yuan [1] - Additionally, the company secured two infrastructure projects: the Liaoning Dalian Jinzhou Bay International Airport terminal construction project with a total contract value of 4.27 billion yuan [1]

这是该展览举办以来，首次由中国建筑师担任总策展人。 据威尼斯双年展官网11月26日消息，经威尼斯双年展董事会主席Pietrangelo Buttafuoco推荐，中国建筑师王澍、陆 文宇，将出任2027年第20届威尼斯双年展总策展人。展期为2027年5月8日至11月21日。 王澍与陆文宇感谢威尼斯双年展董事会的信任，并称他们将尽最大努力去迎接这一挑战。王澍与陆文宇表示："在 当今世界，建筑学的快速变化更多是一种表象，是过度概念化或者商业化的结果。过度的概念化实验往往是脱离 现实的，过度的商业化往往只是流行的、短命的。它会导致建筑学的死亡。建筑因此变成某种关于未来的虚妄表 达。正因为如此，面对这个世界的真实的危机，坚持一种朴素与真实的建筑学的理念和方法就有了特殊的价值。 我们将以最大诚意，努力去呈现这种价值与探索，为了一种更好的现实与未来。" 王澍与陆文宇既是建筑师，又是教育者，他们于1997年共同创立了业余建筑工作室。2003年，二人共同在中国美 术学院创建建筑专业，并于2007年成立建筑艺术学院，王澍担任首任院长，陆文宇任可持续建造中心主任。他们 曾参展2006年威尼斯建筑双年展中国馆，并先后受当时的主策展 ...

Summary of China State Construction Engineering Corporation Conference Call Industry Overview - The construction industry in China is facing significant challenges due to macroeconomic conditions and a downturn in fixed asset investment, which decreased by 0.5% year-on-year, marking the first negative growth in five years [8][5] - The construction business activity index is below the critical threshold of 50%, indicating a contraction in the industry [8] Company Performance - In the first ten months, China State Construction signed new contracts totaling 3.6 trillion yuan, a year-on-year increase of 1% [4] - The building business contracts amounted to 3.3 trillion yuan, up 2% year-on-year, while the real estate business saw a decline of approximately 9.5%, with contract sales of 280 billion yuan [4] - The company’s new signed contracts in the housing construction sector reached 2.2 trillion yuan, a 1.5% increase, and infrastructure contracts grew by 3.1% to 1.1 trillion yuan [2][4] - The overseas new contracts also increased by about 3% [4] Financial Health - The company reported a stable impairment provision level compared to the previous year, with expectations that the overall impairment level will remain relatively stable despite potential increases in real estate inventory impairments [7] - Accounts receivable have increased due to the industry’s business model, primarily concentrated in local government platforms and state-owned enterprises, which has significant implications for cash flow [10] Stock Performance and Market Strategy - The company’s stock price has been under pressure due to macroeconomic conditions, capital market trends, and performance pressures [6] - To support its market value, the company is implementing a stable dividend policy and share buybacks, as the current stock price is considered to deviate from its normal value range [6][11] - The company plans to maintain the dividend per share at the same level for 2025, ensuring a stable dividend policy while utilizing various market management tools to restore reasonable valuation [11] Debt Recovery and Urban Renewal - The company has actively pursued debt recovery, with over 100 billion yuan in overdue government debt recovered from January to September, with 30%-40% of this included in the accounts [3][12] - In the urban renewal sector, new contracts signed reached nearly 300 billion yuan, reflecting a growth of over two digits year-on-year, indicating a significant market potential [12] Real Estate Business Outlook - The real estate sector remains a core business, with contract sales growing by 17% year-on-year in Q3, reaching 80 billion yuan, outperforming the national average decline of 13.6% [15] - The company aims to stabilize its turnover and gross margin, anticipating a recovery in the macro real estate market [15] Future Projects and Investments - The company currently has over 420 PPP projects, with nearly 350 in operation, focusing on establishing a comprehensive investment management system for project lifecycle management [13][14] - Future investment strategies will combine infrastructure and real estate, with a cautious approach to market conditions while actively seeking quality land resources, particularly in top-tier cities [14]

Investment Rating - The report maintains an investment rating of "Outperform the Market - A" for the construction industry [4]. Core Views - The report highlights that the logic of overseas engineering expansion is gradually being realized, with high growth areas showing superior growth. Infrastructure and real estate demand continue to face pressure, while railway and water conservancy investments perform well, with the effects of debt reduction expected to gradually manifest [1][8]. - Central state-owned enterprises (SOEs) are experiencing a significant decline in revenue and performance, but there is a long-term trend of improving operational quality. Many SOEs have shown improvements in profitability, cash flow, and expense ratios, indicating a gradual enhancement in operational quality [2][8]. - The overseas new contract signing is rapidly increasing, demonstrating the effectiveness of the overseas expansion strategy. The contract value and revenue from foreign engineering projects have shown significant year-on-year growth, providing support for domestic construction enterprises [3][8]. Summary by Sections 1. Industry Overview - Infrastructure investment growth has been declining, with broad infrastructure investment growth dropping from 11.50% in early 2023 to 1.51% by October 2025. Narrow infrastructure investment growth turned negative, indicating a significant slowdown in traditional infrastructure demand [16][17]. - The investment growth in the railway sector remains positive, while road transport investment has been declining due to funding pressures from local governments and construction enterprises [18][20]. 2. Central SOEs Performance - Central SOEs in the infrastructure sector are facing revenue and performance growth challenges, but operational quality is improving. The implementation of debt reduction measures is expected to show fiscal effects by 2026 [2][8]. 3. Overseas Expansion - The overseas contract signing for Chinese construction enterprises has increased significantly, with major state-owned enterprises showing higher growth rates in new contracts compared to the overall market. This trend is expected to support revenue growth in the coming years [3][8]. 4. Regional Investment Trends - In the western region, particularly Xinjiang, fixed asset investment growth is significantly higher than the national average, with major infrastructure projects expected to drive demand growth [6][8]. - The coal chemical industry in Xinjiang is projected to see substantial investment, with over 400 key projects planned, totaling an investment of 3.47 trillion yuan [6][8]. 5. Cleanroom Engineering Demand - The demand for cleanroom construction is expected to rise due to increased capital expenditure in the AI and semiconductor industries. The cleanroom engineering sector is experiencing rapid growth in orders, particularly from overseas markets [7][8]. 6. Investment Recommendations - The report suggests that low-valuation central SOEs like China State Construction and China Communications Construction Company are well-positioned for stable returns, with improving operational metrics and increasing dividends [9][8]. - Leading companies in overseas expansion, such as China National Materials and China Steel International, are expected to outperform traditional construction enterprises due to their strong growth in overseas orders [9][8].

Group 1 - Aolide plans to raise no more than 300 million yuan through a simplified procedure for issuing shares to specific targets, with net proceeds allocated to the production base project for OLED display core materials and to supplement working capital [1] - Wanbang's subsidiary has obtained a 10-year exclusive agency for sildenafil oral suspension, which is suitable for patients with swallowing difficulties [2] - Titan Technology and its affiliate plan to jointly invest in increasing capital for its subsidiary, Micro Detection, raising its registered capital from 10 million yuan to 50 million yuan [3] Group 2 - Jindike will not issue new batches of quadrivalent influenza virus split vaccine this year, having produced approximately 1.56 million doses [4] - Aladdin intends to purchase 35% equity of Youke for 61.25 million yuan, funded by its own or raised capital [5] - Gujia Home's application for a private placement of A-shares has been approved by the Shanghai Stock Exchange [7] Group 3 - Honghe Technology's application for a private placement of A-shares has been approved by the China Securities Regulatory Commission [9] - Guangdian Yuntong has won contracts totaling 308 million yuan for the construction of an artificial intelligence application pilot base [10] - Shanghai Mechanical plans to repurchase B-shares worth no more than 278 million yuan [11] Group 4 - Weiling Co. is planning a change of control, with shares representing 7.76% of the total being transferred [14] - Jiugang Hongxing intends to invest 200 million yuan to establish a wholly-owned subsidiary focusing on high-quality special steel materials [16] - Zhongjian Technology has submitted an application for H-share listing [17] Group 5 - Sainuo Medical has received registration approval for its coronary product in Pakistan [18] - Huafeng Aluminum plans to acquire 100% equity of Huafeng Puen for 100 million yuan [20] - Fuda Co. intends to establish a wholly-owned subsidiary with an investment of 30 million yuan [22] Group 6 - Su Yan Jingshen's application for a private placement of shares has been approved by the Shanghai Stock Exchange [24] - Zhongchuang Co. has set the inquiry transfer price at 25.75 yuan per share [25] - Jinpu Garden has had a lawsuit involving 26.557 million yuan accepted by the court [29] Group 7 - ICBC has approved the appointment of Zhao Guid as vice president [30] - Betta Pharmaceuticals has had its drug registration application for ensartinib accepted [32] - Times New Materials plans to invest 6 million euros to establish a wholly-owned subsidiary in Serbia [34] Group 8 - China State Construction has appointed Chen Yong as vice president [36] - Dayang Electric plans to invest 10 million yuan to establish an industrial fund [38] - Advanced Digital has appointed Liu Zhigang as deputy general manager [39] Group 9 - Tianqi Co. plans to transfer 7% equity of Youqi Intelligent for 130 million yuan [40] - Xinguo has submitted an application for H-share issuance and listing [42] - Jinhongshun's shareholder has terminated a share reduction plan [43] Group 10 - Wanrun Co.'s actual controller plans to increase shareholding between 365 million yuan and 730 million yuan [44] - Suzhou High-tech plans to sell 47% equity of its medical device subsidiary for 604 million yuan [45] - Huayou Cobalt's subsidiary has signed a product supply agreement with Yiwei Lithium Energy for approximately 127,800 tons of materials [47] Group 11 - China Communications has won 10 important projects totaling approximately 2.539 billion yuan [49] - Nopushin plans to raise no more than 1.45 billion yuan through a private placement [50] - Yun Aluminum plans to acquire minority stakes in three subsidiaries for a total of 2.267 billion yuan [51] Group 12 - Xiamen Tungsten plans to establish a 500 million yuan merger fund with multiple parties [52] - Aotewei has signed a contract worth approximately 700 million yuan [54] - Hemai Co.'s shareholders plan to reduce their holdings by no more than 3% [56]

证券代码：601668 证券简称：中国建筑 公告编号：临2025-073 中国建筑股份有限公司 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。 中国建筑股份有限公司（以下简称公司）于2025年11月25日召开第四届董事会第二十五次会议，审议通 过《关于聘任黄杰为中国建筑股份有限公司总法律顾问的议案》。 根据工作需要，经公司董事兼总裁文兵先生提名，公司第四届董事会提名委员会审核和建议，董事会同 意聘任黄杰先生为中国建筑股份有限公司总法律顾问。上述聘任自董事会审议通过之日起生效，任期至 董事会另聘/解聘时止。黄杰先生的简历附后。 特此公告。 中国建筑股份有限公司董事会 二〇二五年十一月二十五日 黄杰先生，现任中国建筑集团有限公司党组成员、总会计师，中国建筑股份有限公司副总裁、财务总 监。正高级会计师，大学学历，硕士学位。曾任中国移动通信集团河北有限公司董事、副总经理、总会 计师、党组成员，中国移动通信集团公司财务部副总经理、总经理，中国移动有限公司证券事务部（香 港机构）总经理、中国移动通信有限公司证券事务部总经理，2024年3月 ...

每经AI快讯，中国建筑（SH 601668，收盘价：5.27元）11月25日晚间发布公告称，公司审议通过《关 于聘任陈勇为中国建筑股份有限公司副总裁的议案》。经公司董事兼总裁文兵先生提名，公司第四届董 事会提名委员会审核和建议，董事会同意聘任陈勇先生为中国建筑股份有限公司副总裁。 2025年1至6月份，中国建筑的营业收入构成为：房屋建筑工程占比62.83%，基础设施建设与投资占比 24.67%，房地产开发与投资占比11.9%，其他行业占比1.78%，设计勘察占比0.45%。 截至发稿，中国建筑市值为2178亿元。 每经头条（nbdtoutiao）——688496，被证监会立案！刚上市业绩就变脸，亏损超1亿元；核心产品受重 创：第一大客户"自产自用"，减少采购 （记者 胡玲） ...