证券代码：601800 证券简称：中国交建 公告编号：2026-001 二、 回购股份的进展情况 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等法律法规及规范性文件的规定，现将公司截至上月末回购股 份的进展情况公告如下： 1 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 | 年 月 日 2025 5 31 | | | | | | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2025 年 6 月 日—2026 | 17 | 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 □为维护公司价值及股东权益 | | | | | | 累计已回购股数 | 29,345,90 ...

格隆汇1月5日丨中国交建(601800.SH)公布，截至2025年12月31日，公司通过集中竞价交易方式已回购A 股股份数量为2934.59万股，已回购股份约占公司总股本的0.1803%，回购成交的最高价格为8.98元/股， 回购成交的最低价格为8.47元/股，成交总金额为2.57亿元人民币(不含交易费用)。 MACD金叉信号形成，这些股涨势不错！ ...

格隆汇1月5日丨中国交建(601800.SH)公布，截至2025年12月31日，公司通过集中竞价交易方式已回购A 股股份数量为2934.59万股，已回购股份约占公司总股本的0.1803%，回购成交的最高价格为8.98元/股， 回购成交的最低价格为8.47元/股，成交总金额为2.57亿元人民币(不含交易费用)。 ...

截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 公司名稱: 中國交通建設股份有限公司 呈交日期: 2026年1月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01800 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 4,418,476,000 | RMB | | | 1 RMB | | 4,418,476,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 4,418,476,000 | RMB | | | 1 RMB | | 4,418,476,000 | | 2. 股份分類 ...

Investment Rating - The report rates the construction industry as "Buy" [1] Core Insights - The National Development and Reform Commission has announced a significant investment plan for 2026, with a total of approximately 295 billion yuan allocated for major infrastructure projects, including the Guangzhou New Airport and the Zhanjiang to Haikou ferry project, with total investments exceeding 400 billion yuan [4][3] - The report emphasizes the orderly expansion of low-altitude economic application scenarios, with significant progress expected in housing quality improvement by 2030 [4][3] - The report recommends several companies in emerging sectors such as clean rooms, commercial aerospace, and controlled nuclear fusion, highlighting specific stocks like Yaxiang Integration and China Nuclear Engineering [4][6] Summary by Sections Recent Key Reports - The report discusses the need for high-demand, high-barrier, and high-profit leading companies in the construction industry, focusing on sectors like AI, controlled nuclear fusion, and low-altitude economy [8][10] Key Company Recommendations - Recommended companies include China Construction (dividend yield 5.29%), China Railway (dividend yield 4.81%), and China Communications Construction (dividend yield 3.39%), all of which are expected to benefit from stable growth and government investment [6][4] Macro/Meso/Micro Data Tables - The report includes various data tables that provide insights into the financial performance and projections of key construction companies, indicating a trend of improving cash flow and profitability in certain sectors [6][4] Infrastructure Investment Trends - The report predicts a significant increase in infrastructure investment, with a projected growth rate of 10.9% for broad infrastructure investment in 2025, driven by government policies and funding mechanisms [29][30]

饱经岁月风霜的旧吊桥(上图)与如今矗立于河上的新钢栈桥(下图)。马东铁七分部供图 中新网吉隆坡1月4日电 (陈悦 朱超)1月3日下午，在马来西亚文冬加叻新村、一座崭新的钢栈桥前，当 地民众充满期待地迎接其剪彩揭幕。随着彩带落下，首批车辆平稳驶过42米长的新桥，当地民众自发爆 出一阵热烈掌声。 村民告诉记者，这座由中马合作旗舰项目——马来西亚东海岸铁路项目的第七分部为村民设计、建造的 钢栈桥，将村民们去榴莲园的上工之路从45分钟缩短到10分钟。 文冬是马来西亚知名榴莲产区，也是当地民众谋生的重要产业。但在过去加叻新村居住区的种植榴莲等 农作物的芭地横亘一条河流，河上只有一座残破的吊桥，只能勉强通行摩托车。村民要驾驶轿车前往芭 地或将榴莲用卡车运出榴莲园，要绕一大圈路，耗时40多分钟。 当地国会 议员、社区领袖、民众与马东铁建设者共庆新桥开通。马东铁七分部供图 村民梁先生告诉记者，榴莲丰收之际，他只能用摩托车分多趟，一点点将榴莲通过吊桥运出自己的榴莲 园。而且吊桥已有多年历史，其基座已产生裂缝，桥板更是需要常常更换，若是遇到雨季，常为河水淹 没。当地民众多年来都期待能建起一座新桥。 转变始于马来西亚东海岸铁路项目 ...

Core Viewpoint - China Communications Construction Company (CCCC) is committed to enhancing shareholder value through a stable and predictable cash dividend policy, reflecting the company's confidence in its robust development [1]. Group 1: Dividend Policy and Historical Performance - Since its listing, CCCC has distributed approximately 57.6 billion yuan in dividends, demonstrating a strong commitment to shareholder interests and a consistent return capability [2]. - The company has increased its dividend payout ratio for two consecutive years, showcasing its dedication to sharing operational success with investors [2]. Group 2: Future Dividend Planning - CCCC has established a medium to long-term cash dividend plan for 2025-2027, committing to an annual cash dividend ratio of no less than 20%, which will not be lower than the previous year's level [3]. - The company plans to implement interim dividends as a regular practice, enhancing shareholder capital efficiency and signaling confidence in future operations [3]. Group 3: Market Position and Investment Value - CCCC's cash dividend rate for 2024 is projected at 21%, with a dividend yield of approximately 3.60%, both exceeding the industry averages of 19% and 3.05% respectively [4]. - The company has consistently raised its dividend ratio, positioning itself as a leader in shareholder returns within the construction sector, thereby establishing a solid foundation for long-term value investment [4]. Group 4: Future Outlook - CCCC aims to continuously optimize its return mechanisms while balancing dividend policies with long-term development, reinforcing its commitment to quality and efficiency in shareholder returns [5]. - The company intends to leverage its integrated advantages in various sectors to become a long-term value investment target, laying the groundwork for future reforms and developments [5].

Core Viewpoint - The company aims to enhance its overseas market expansion efforts, focusing on improving revenue contribution and profit from international operations to elevate its valuation [2] Group 1: Overseas Market Strategy - The company plans to increase its overseas market expansion through deepening regional layout and optimizing business structure [2] - The goal is to further enhance the proportion of overseas business revenue and profit contribution [2] - High-quality overseas operational results are expected to significantly improve the company's valuation level [2]

Core Viewpoint - China Communications Construction Company (CCCC) experienced a decline of 0.60% in stock price on December 29, with a trading volume of 178 million yuan. The company reported a net financing outflow of 396.54 million yuan for the day, indicating a lower investor confidence in the stock [1]. Financing Summary - On December 29, CCCC had a financing buy amount of 24.44 million yuan, with a total financing balance of 11.30 billion yuan, representing 1.15% of its market capitalization. This financing balance is below the 40th percentile of the past year, indicating a low level of financing activity [1]. - In terms of securities lending, CCCC repaid 35,200 shares and sold 1,300 shares on the same day, with a selling amount of 10,800 yuan. The remaining securities lending balance was 430.79 million yuan, which is above the 60th percentile of the past year, indicating a higher level of short selling [1]. Financial Performance - As of September 30, CCCC reported a total revenue of 513.91 billion yuan for the first nine months of 2025, a year-on-year decrease of 4.23%. The net profit attributable to shareholders was 13.65 billion yuan, down 16.14% compared to the previous year [2]. - CCCC has distributed a total of 50.65 billion yuan in dividends since its A-share listing, with 15.10 billion yuan distributed over the past three years [3]. Shareholder Structure - As of September 30, 2025, CCCC had 167,200 shareholders, an increase of 12.51% from the previous period. The average number of circulating shares per shareholder decreased by 11.80% to 75,501 shares [2]. - Among the top ten circulating shareholders, China Securities Finance Corporation holds 484 million shares, unchanged from the previous period. Other notable shareholders include Huatai-PB CSI 300 ETF, which reduced its holdings by 2.88 million shares, and E Fund CSI 300 ETF, which decreased by 1.40 million shares [3].

Core Viewpoint - China Communications Construction Group (CCCC) has been instrumental in transforming Nujiang Prefecture from a region of deep poverty to one of prosperity through targeted assistance over the past 30 years, focusing on infrastructure, industry, healthcare, and education [1][9]. Group 1: Infrastructure Development - CCCC has invested over 2 billion yuan in various projects, including the construction of over 20 bridges, significantly improving transportation and connectivity in the region [1][2]. - The completion of the Muni Ma Bridge, spanning 256 meters, has transformed local transportation, reducing travel time and enhancing safety for residents [2]. Group 2: Industrial Empowerment - CCCC has shifted its assistance model from short-term financial aid to long-term industrial empowerment, establishing industrial parks that attract numerous enterprises [3]. - The grass fruit industry has seen remarkable growth, with planting areas stabilizing at over 1.11 million acres and annual output value increasing from 530 million yuan to over 3 billion yuan, reflecting a growth rate exceeding 54% [3][4]. Group 3: Healthcare Initiatives - CCCC has extended its support to healthcare, providing essential medical equipment and training for local healthcare workers, resulting in a 15.26% increase in health literacy among residents [5][6]. - The establishment of a remote medical platform has enabled residents in remote areas to access quality healthcare services without leaving their communities [5]. Group 4: Educational Support - Over 623 million yuan has been invested in education, leading to the construction and renovation of 56 schools, significantly improving educational facilities for local children [6]. - The establishment of vocational training institutions has filled gaps in higher education, enabling more local youth to pursue better opportunities [6]. Group 5: Cultural and Tourism Development - CCCC has promoted tourism through events like the kayaking competition, which has gained international recognition, attracting participants from over 80 countries [7][8]. - The tourism sector has seen exponential growth, with visitor numbers surpassing 10 million in 2024 and total tourism expenditure reaching 9.04 billion yuan, establishing tourism as a new engine for rural revitalization [8].