来源： 国务院国资委网站 黄埔 任中国能源建设集团有限公司党委副书记，免去其中国电力建设集团有限公司党委常 委、纪委书记职务。 陈勇 任中国能源建设集团有限公司党委常委，不再担任中国诚通控股集团有限公司总会计师 职务。 陈观福 任中国电力建设集团有限公司党委常委。 中国建筑科学研究院有限公司 7月4日，国务院国资委网站发布8户中央企业9名领导人员职务任免信息。 提名 孙建超 为中国建筑科学研究院有限公司副总经理人选。 中国交通建设集团有限公司、中国能源建设集团有限公司、中国林业集团有限公司、中国电 力建设集团有限公司、中国诚通控股集团有限公司 宋海良 任中国交通建设集团有限公司党委书记、董事长，免去其中国能源建设集团有限公司 党委书记、党委常委、董事长、董事职务。 张炳南 任中国交通建设集团有限公司党委副书记、董事，提名为中国交通建设集团有限公司 总经理人选，免去其中国林业集团有限公司党委副书记、董事职务，不再担任中国林业集团 有限公司总经理职务。 中国有研科技集团有限公司 聘任 田志凌、徐宏志 为中国有研科技集团有限公司外部董事。 中国有色矿业集团有限公司 常青 不再担任中国有色矿业集团有限公司副总经理职务 ...

Core Viewpoint - The railway construction industry in China is experiencing rapid growth, with significant investments and new line constructions planned for the coming years, positioning it as a crucial component of national infrastructure and economic development [1][5][24]. Group 1: Industry Definition and Categories - The railway industry encompasses railway construction and operation, which can be further divided into railway engineering construction, transportation services, vehicle and equipment manufacturing, and maintenance [3][5]. - Railway engineering construction includes both pre-station and post-station projects, covering various aspects such as land acquisition, track laying, and electrical systems [3][5]. Group 2: Current Development Status - In 2024, China's railway investment is projected to reach 850.6 billion yuan, an increase of 86.1 billion yuan from 2023, with 3,113 kilometers of new lines expected to be put into operation, including 2,457 kilometers of high-speed rail [5][7]. - By 2025, the government aims to complete railway infrastructure investments of 590 billion yuan and put into operation 2,600 kilometers of new lines, focusing on achieving carbon peak and carbon neutrality [5][7]. Group 3: Industry Chain - The upstream of the railway construction industry involves sectors such as steel, cement, and machinery manufacturing, while the midstream includes engineering construction and integration services [9]. - The downstream consists of railway operation and logistics services [9]. Group 4: Development Environment and Policies - The railway construction industry is supported by various national policies aimed at investment management, technical standards, market reforms, and green development [11][12]. - Recent policies emphasize the importance of standardized management, information sharing, and sustainable operational responsibilities for railway projects [12]. Group 5: Competitive Landscape - The railway construction industry in China is characterized by a concentrated competitive landscape, with leading companies like China Railway Construction Corporation and China Railway Group dominating the market [13][16]. - These major players possess significant experience and advanced technology, allowing them to secure a large number of railway projects [13][16]. Group 6: Key Enterprises - China Railway Construction Corporation is recognized as one of the largest and most capable construction groups globally, offering a comprehensive range of services across various sectors [16][19]. - China Railway Group has a broad business scope, including design, construction, and manufacturing, and is known for its advanced technologies in bridge and tunnel construction [21][22]. Group 7: Future Development Trends - The railway construction industry in China is shifting towards high-quality development, focusing on smart, green, and international standards, with plans for further optimization of the railway network [24]. - The industry is expected to play a vital role in supporting China's modernization efforts and has significant market potential for future growth [24].

Core Viewpoint - The recent leadership changes at China Communications Construction Group (CCCC) reflect a strategic response to the company's current challenges and aim to drive high-quality development amidst a complex operating environment [5]. Group 1: Leadership Changes - CCCC appointed Song Hailiang as the new Party Secretary and Chairman, replacing Wang Tongzhou, and Zhang Bingnan as the new General Manager, replacing Wang Haihuai [2][3]. - Song Hailiang has extensive experience in the transportation sector, having held various positions within the Ministry of Transport and CCCC [2]. - Zhang Bingnan has a background in the gold industry and has held senior roles in several state-owned enterprises before joining CCCC [3]. Group 2: Current Challenges - CCCC faces pressure on revenue growth and profitability due to global economic fluctuations, geopolitical risks in overseas projects, and rising raw material costs [3][4]. - The company’s net profit attributable to the parent company has shown a decline, with significant pressure on the gross margins of core engineering segments [3][4]. - There is an accumulation of risks in overseas operations, necessitating enhanced compliance management and risk control measures [4]. Group 3: Strategic Needs - The company needs to innovate and focus on its development strategy to overcome bottlenecks in traditional models and competition in emerging sectors [5]. - The new leadership is expected to bring fresh perspectives and resource allocation strategies to accelerate industrial structure optimization and transformation [5]. - There is a pressing need for a strong leadership core to manage overseas risks, compliance pressures, and internal management challenges effectively [5]. Group 4: Market Reaction - The capital market reacted positively to the leadership changes, with several listed subsidiaries of CCCC experiencing a rise in market value [5].

金融界7月3日消息，上证指数高开震荡，中证万得并购重组指数 (CSWD并购，399992)上涨0.21%，报 1737.31点，成交额301.73亿元。 从中证万得并购重组指数持仓样本的行业来看，信息技术占比27.44%、工业占比23.69%、原材料占比 12.43%、可选消费占比11.53%、通信服务占比7.09%、金融占比6.45%、公用事业占比5.30%、医药卫生 占比2.93%、房地产占比2.18%、主要消费占比0.95%。 资料显示，指数样本每季度调整一次，样本调整实施时间分别为每年3月、6月、9月和12月的第一个交 易日。定期调整设置缓冲区，排名在80名之前的新样本优先进入；排名在120名之前的老样本优先保 留。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。特殊情况下将对指数进行临时调整。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。 从指数持仓来看，中证万得并购重组指数十大权重分别为：立讯精密（5.59%）、拓普集团 （5.53%）、中国船舶（5.14%）、欧菲光（4. ...

Group 1 - The company has approved a share repurchase plan using its own funds, with a total amount not less than RMB 500 million and not exceeding RMB 1 billion, at a maximum repurchase price of RMB 13.58 per share [1] - The repurchased shares will be fully canceled, reducing the company's registered capital, and the repurchase period is set for 12 months from the date of the shareholders' meeting [1] - As of June 30, 2025, the company has not yet repurchased any shares [2] Group 2 - The company will strictly adhere to relevant regulations regarding share repurchase and will make decisions based on market conditions during the repurchase period [3] - The company commits to timely information disclosure regarding the progress of the share repurchase [3]

证券代码：601800 证券简称：中国交建 公告编号：2025-039 中国交通建设股份有限公司 关于股份回购进展公告 累计已回购金额 0元 实际回购价格区间 / 一、 回购股份的基本情况 公司 A 股股份方案的议案》，同意公司使用自有资金以集中竞价交易方式回购公司 已发行的部分人民币普通股（A 股）股票，回购的资金总额不低于人民币 5 亿元， 不超过人民币 10 亿元，回购价格上限为 13.58 元/股，回购的股份将全部予以注销 并减少公司注册资本，回购期限为自股东会审议通过回购方案之日起 12 个月内。 具体内容详见 2025 年 7 月 1 日公司在上海证券交易所网站（www.sse.com.cn）披 露的《中国交建关于以集中竟价交易方式回购公司 A 股股份的回购报告书》。 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。 重要内容提示： 回购方案首次披露日 2025 年 5 月 31 日 回购方案实施期限 2025 年 6 月 17 日~2026 年 6 月 16 日 预计回购金额 不低于人民币 5亿元，不超过人民币 1 ...

Core Points - Guangzhou Metro Line 12 has officially opened its east and west sections, spanning a total of 28.8 kilometers with 18 stations, including 7 transfer stations [1][3] - The project faced significant construction challenges, including crossing the Pearl River six times and navigating complex geological conditions, which required innovative construction techniques [3][6] Group 1: Project Overview - The east section runs from Ersha Island to South University Town, while the west section connects Xunfenggang to Guangzhou Sports Center [3] - The construction was led by China Communications Construction Company (CCCC), which was involved in various tasks including civil engineering, track laying, and installation of electromechanical systems [3] Group 2: Construction Challenges - The project involved multiple engineering challenges, such as the need to cross existing metro lines and construct stations on "island" sites with complex geological conditions [3][5] - The construction of the deepest station, Chigang Station, reached a depth of 41 meters, equivalent to a 13-story building, and required innovative methods to address environmental concerns and structural integrity [6] Group 3: Innovative Techniques - CCCC implemented various innovative construction techniques, such as the use of a large-diameter shield tunneling machine and advanced geological detection methods to ensure safety and efficiency [6] - The construction team optimized construction plans and resource allocation to overcome challenges, completing certain phases ahead of schedule [5][6]

证券代码：601800 证券简称：中国交建 公告编号：2025-039 中国交通建设股份有限公司 关于股份回购进展公告 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。 重要内容提示： | 回购方案首次披露日 | 2025 5 | 年 | 月 | 31 | 日 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2025 6 | 年 | 月 | 17 | 日~2026 | 年 6 | 月 | 16 | 日 | | 预计回购金额 | 不低于人民币 | | | | | 5亿元，不超过人民币 | | | 10亿元 | | 回购用途 | √减少注册资本 □用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | | | | | 累计已回购股数 | □为维护公司价值及股东权益 0股 | | | | | | | | | | 累计已回购股数占总股本比例 | 0% | | | | | | | | | | 累计已回 ...

Core Points - The East Coast Rail Link (ECRL) project in Malaysia has achieved a significant milestone with the completion of the Duwendang 2 tunnel, marking the 40th out of 41 tunnels along the route [1][2] - The Duwendang 2 tunnel, measuring 9.88 kilometers, connects Kota Bharu in Kelantan to Port Klang in Selangor, and its excavation began in August 2022, completing ahead of the original target of December 2025 [1][2] - The entire ECRL project spans over 600 kilometers and aims to enhance transportation efficiency and convenience between the east and west coasts of Malaysia [2] Project Management and Safety - The CEO of Malaysia Rail Link, Darwis, emphasized the high level of collaboration and commitment from the project team, which includes management and construction personnel [2] - The project has successfully removed over 1.22 million cubic meters of earth and rock during the tunneling process while minimizing disruption to road users [2] - The project has achieved a total of 17 million safe working hours without any reported accidents, reflecting strict adherence to safety standards and a strong sense of responsibility among the team [2]

Group 1 - Kanghong Pharmaceutical received a drug registration certificate for Lifisig Eye Drops, approved for treating dry eye symptoms [1] - Kanghong Biotech, a wholly-owned subsidiary, received clinical trial approval for KH813 injection for metastatic non-squamous non-small cell lung cancer [1] - Kanghong Pharmaceutical was established in October 1996, focusing on drug and medical device research, production, and sales [1] Group 2 - Guoyuyuan's subsidiary received a government subsidy of 7.5521 million yuan, accounting for 10.14% of the company's audited net profit for 2024 [2] - Guoyuyuan was founded in November 1996, specializing in drug research, production, and sales [3] Group 3 - Haicheng Bonda's subsidiary signed a lease termination agreement, incurring a termination fee of 3.35 million USD [4] - Haicheng Bonda was established in December 2009, providing comprehensive modern logistics services [4] Group 4 - Hongxin Electronics' subsidiary signed contracts totaling 373 million yuan for computing power business [5] - Hongxin Electronics was founded in September 2003, focusing on FPC research, design, manufacturing, and sales [6] Group 5 - Tianbang Food reached a settlement agreement regarding a 1.214 billion yuan lawsuit, agreeing to repay 410 million yuan over 36 months [8] - Tianbang Food was established in September 1996, specializing in pig farming and pork processing [9] Group 6 - Daoshi Technology's controlling shareholder plans to reduce holdings by up to 1.97% of the company's shares [10] - Daoshi Technology was founded in September 2007, focusing on ceramic color glazes and related products [10] Group 7 - Jinpu Titanium is planning a major asset restructuring, leading to a stock suspension [10] - Jinpu Titanium was established in November 1989, specializing in titanium dioxide production and sales [11] Group 8 - Shenzhen Energy plans to invest 6.332 billion yuan in upgrading the Mawan Power Plant [12] - Shenzhen Energy was founded in August 1993, focusing on conventional and renewable energy development [13] Group 9 - Lihua Co. plans to reduce holdings by up to 3% of the company's shares [14] - Lihua Co. was established in June 1997, specializing in the breeding and sales of poultry [15] Group 10 - China Communications Construction Company plans to repurchase shares worth 500 million to 1 billion yuan [16] - China Communications Construction Company was founded in October 2006, focusing on infrastructure design and construction [17] Group 11 - Huatiankeji's subsidiary received a government subsidy of 80.6569 million yuan, accounting for 13.09% of the company's latest audited net profit [20] - Huatiankeji was established in December 2003, specializing in integrated circuit packaging and testing [21] Group 12 - Luxin Chuangtou plans to acquire shares in Hongke Electronics for a total of 9 million yuan [23] - Luxin Chuangtou was founded in November 1993, focusing on venture capital and industrial development [24] Group 13 - Feilong Co.'s controlling shareholder plans to reduce holdings by up to 563,250 shares [25] - Feilong Co. was established in January 2001, specializing in thermal management components for automotive and civil applications [26] Group 14 - Linglong Tire submitted an application for H-share listing on the Hong Kong Stock Exchange [27] - Linglong Tire was founded in June 1994, focusing on tire design, development, manufacturing, and sales [27] Group 15 - Saiwei Electronics plans to acquire 9.5% of its subsidiary's shares for up to 324 million yuan [28] - Saiwei Electronics was established in May 2008, focusing on MEMS chip development and semiconductor equipment [28] Group 16 - Suzhou Bank's major shareholder plans to increase holdings by no less than 400 million yuan [29] - Suzhou Bank was founded in December 2004, focusing on various banking services [29]