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。 中国电力建设股份有限公司（以下简称公司）于2025年7月21日召开公司第四 届董事会第十一次会议、第四届监事会第七次会议，同意公司使用不超过人民币 55.29亿元的闲置募集资金临时补充流动资金，使用期限自第四届董事会第十一次 会议审议通过之日起不超过12个月。到期前，公司将及时、足额将该部分资金归还 至相应募集资金专用账户。使用期限内，公司可根据募投项目进度提前归还募集资 金。公司保荐机构中国国际金融股份有限公司出具了核查意见，详见公司于2025 年7月23日发布的《中国电力建设股份有限公司关于使用部分闲置募集资金临时补 充流动资金的公告》（临2025-043号）。 公司已于2025年11月24日提前归还用于临时补充流动资金的2.30亿元至公司 募集资金专户，详见公司于2025年11月26日发布的《中国电力建设股份有限公司关 于提前归还部分临时补充流动资金的募集资金的公告》（临2025-071号）。 2026年1月23日，公司再次提前归还用于临时补充流动资金的募集资金3.16亿 ...

Investment Rating - The investment rating for the construction and decoration industry is "Positive" (maintained) [4] Core Views - Infrastructure investment is experiencing a short-term bottoming out, with cumulative year-on-year growth turning negative for the first time since 2004. In 2025, narrow infrastructure (excluding electricity) completed 18.08 trillion yuan, down 2.20% year-on-year, while broad infrastructure totaled 24.50 trillion yuan, down 1.48% year-on-year. December saw significant declines, with narrow and broad infrastructure down 12.22% and 15.95% year-on-year, respectively. Despite this, major strategic projects are expected to continue, and infrastructure investment is anticipated to stabilize and recover gradually [5][12][22]. Summary by Sections Infrastructure Investment - In 2025, narrow infrastructure investment completed 18.08 trillion yuan, down 2.20% year-on-year, while broad infrastructure totaled 24.50 trillion yuan, down 1.48% year-on-year. December saw a year-on-year decline of 12.22% for narrow infrastructure and 15.95% for broad infrastructure, with significant drops in water conservancy and public facilities management [5][12]. New Orders - New orders in 2025 showed a pattern of stability among central enterprises, with China State Construction, China Railway, China Electric Power, and China Energy achieving new orders of 4.15 trillion yuan, 2.75 trillion yuan, 1.33 trillion yuan, and 1.45 trillion yuan, respectively. Local state-owned enterprises exhibited more significant differentiation, with Shanghai Construction, Shaanxi Construction, and Pudong Construction seeing declines of 35%, 25%, and 23% year-on-year, while Sichuan Road and Bridge saw a substantial increase of 47% year-on-year [6][17]. Market Performance - The construction and decoration index rose by 1.88% during the week, with chemical engineering, steel structure, and international engineering leading the gains at 10.70%, 7.71%, and 4.49%, respectively. A total of 123 stocks in the construction sector rose, with the top five performers being Huawi Design (+51.92%), Zhite New Materials (+49.21%), and others [8][28]. Company Dynamics - Several companies reported significant changes in their financial performance for 2025. For instance, China Metallurgical Group expects a net profit decline of 76.28% to 80.73% due to ongoing losses in the real estate sector and substantial asset impairment provisions. In contrast, companies like Xinjiang Jiaojian anticipate a net profit increase of 50.14% to 125.22% [24][25].

据上海证券交易所消息，1月24日，中国电力建设股份有限公司发布第四届董事会第十六次会议决议公 告。 公告披露，中国电力建设股份有限公司于1月22日召开第四届董事会第十六次会议。经有效表决，会议 审议通过了《关于选举中国电力建设股份有限公司第四届董事会副董事长的议案》。公司董事会同意选 举王小军为公司第四届董事会副董事长。 同时，会议审议通过了《关于调整中国电力建设股份有限公司第四届董事会战略委员会成员的议案》。 公司董事会同意由王小军担任公司第四届董事会战略委员会委员，调整后的战略委员会主任为丁焰章， 委员为王小军、张兆祥、孙子宇、张国厚。 国电力报 来源：中 ...

Group 1 - The core point of the article is the election of Wang Xiaojun as the Vice Chairman of China Power Construction Corporation (referred to as "China Power Construction") during the 16th meeting of the fourth board of directors held on January 22, 2026 [1] Group 2 - The board of directors approved the proposal to elect Wang Xiaojun as the Vice Chairman [1] - The meeting was conducted via communication methods [1] - The announcement was made on January 24, 2026 [1]

长江商报消息 ●长江商报记者 沈右荣 1月23日晚间，中国电建披露的主要经营情况数据显示，2025年，公司新签项目8558个，新签合同额约 1.33万亿元，同比增长4.93%。其中，境外新签合同额同比增长约28%。 深耕全球市场，中国电建（601669.SH）揽获的新订单继续增长。 长江商报记者发现，2022年，中国电建年新签合同额首次突破万亿大关，在历经2023年、2024年连续两 年增长后，2025年站上1.3万亿元。 1.3万亿元的合同额，是中国电建2024年营业收入的2倍多。 中国电建聚焦主业，1.33万亿元订单几乎全资来自其主营业务。 2022年，中国电建进行了一次资本运作，通过剥离方式"退房"。 近几年，虽然全球贸易环境日趋复杂，但中国电建的盈利能力相对稳定。2022年至2024年，公司年度盈 利持续超百亿元。中国电建借助研发创新降本增效，2022年至2024年，公司年度研发投入均超过200亿 元，2025年前三季度达到137.91亿元。 连续四年新签合同额超万亿 万亿订单在手，中国电建的持续经营有保障。 根据最新发布的主要经营情况公告，2025年，中国电建新签项目8558个，公司核心业务领域能源 ...

Group 1 - The report highlights a significant increase in the State Grid's capital expenditure during the "14th Five-Year Plan" period, with a projected investment of approximately 4 trillion yuan during the "15th Five-Year Plan," representing a 40% increase compared to the previous plan [15][18][21] - The report recommends focusing on power engineering companies, specifically China Electric Power Construction, China Huadian Engineering, and China Energy Engineering, which are well-positioned to benefit from the increased capital expenditure [21][22] - The report emphasizes the importance of selecting companies with strong fundamentals and low valuations based on ROE and valuation percentiles, recommending firms such as China Chemical, China National Materials, and Donghua Technology [23][24] Group 2 - Weekly tracking indicates steady progress in coal chemical projects, with significant contract awards for the coal-to-natural gas project in Xinjiang, totaling over 15 billion yuan [28][29] - The hydrogen energy sector is gaining momentum, with government initiatives promoting zero-carbon factory construction and the launch of major projects like the Baowu Green Hydrogen Industrial Park, which has a total investment of 110.9 billion yuan [31][32] - The report notes a slight decline in steel prices, with average prices for medium-thick plates and rebar decreasing by 0.5% and 0.8% respectively, indicating a stable but low price environment [31]

Core Viewpoint - The completion of the first phase of the 100 MW/200 MWh sodium-ion battery energy storage project in Honghu City marks a significant milestone for China's energy transition and the development of new energy systems [1] Group 1: Project Details - The project, constructed by China Electric Power Construction, is the largest sodium-ion battery energy storage station under construction in China [1] - The first phase of the project has a storage capacity of 50 MW/100 MWh and includes the construction of a new 50 MW 110 kV booster station and a 110 kV line to the Maojiang substation [1] Group 2: Significance and Impact - Once fully operational, the project will be one of the largest sodium-ion energy storage stations in the country, significantly promoting regional sodium-ion storage and the development of new energy systems [1] - The project is expected to contribute positively to the region's "dual carbon" goals and economic development, playing a crucial role in accelerating China's green energy transition and establishing a new power system [1]

Group 1 - The core point of the article highlights the successful inauguration of the seawater desalination project in Dubai, which is constructed by China Electric Power Construction Company, specifically Shandong Electric Power Construction No. 3 Company [2] - The project utilizes seawater reverse osmosis technology and has a daily water production capacity of 818,000 cubic meters [2] - The power supply for the project is entirely reliant on photovoltaic energy, ensuring sustainability [2] - Once operational, the project is expected to meet the daily freshwater needs of nearly 1.8 million residents in the local area [2]

Core Insights - The project undertaken by Shandong Electric Power Construction Third Engineering Company in Dubai has officially produced qualified water, marking a significant milestone in the seawater desalination project [1] Group 1: Project Overview - The desalination project utilizes advanced seawater reverse osmosis (SWRO) technology with a daily freshwater production capacity of 818,000 cubic meters, making it one of the largest reverse osmosis desalination projects globally [1] - The project is powered entirely by photovoltaic energy, integrating seawater desalination with renewable energy [1] Group 2: Impact and Significance - Upon operation, the project will meet the daily freshwater needs of approximately 1.8 million people, significantly enhancing water resource security in the Dubai region [1] - The successful implementation of the project demonstrates the comprehensive strength of Chinese enterprises in large-scale energy and infrastructure projects overseas, while also serving as a new model for deepening practical cooperation between China and the UAE in energy and infrastructure sectors [1]

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。 重要内容提示： 2019年3月，公司下属全资子公司中国水电建设集团国际工程有限公司 （以下简称"水电国际"）的参股公司第一达卡高架快速路有限公司（FIRST DHAKA ELEVATED EXPRESSWAY(FDEE)CO.,LIMITED）（以下简称"FDEE公司"）与中国进 出口银行和中国工商银行股份有限公司组成的银团签署项目贷款协议，协议约定 的FDEE公司贷款金额为8.61亿美元。水电国际按照持股比例为该等贷款提供担 保。 截至本公告披露日，水电国际已向相关债权人支付3,218.21万美元担保 履约款，其中，本次新增担保履约418.73万美元。 后续公司将积极与当地政府沟通给予项目更多优惠条件，改善项目经济 可行性，同时加强海外投资保险索赔工作，保护公司利益。 一、公司履行担保责任情况概述 2019 年 3 月，公司下属全资子公司水电国际的参股公司 FDEE 公司与中国进 出口银行和中国工商银行股份有限公司组成的银团签署项目贷款协议，协议约定 的 FDEE 公司贷款金额为 ...