证券代码：601800 证券简称：中国交建 公告编号：2025-040 中国交通建设股份有限公司 关于召开2025年第一次临时股东会的通知 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： 股东会召开日期：2025年7月23日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 一、 召开会议的基本情况 （一） 股东会类型和届次 2025年第一次临时股东会 （二） 股东会召集人：董事会 1 东会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联网 投票平台的投票时间为股东会召开当日的 9:15-15:00。 （三） 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相 结合的方式 （四） 现场会议召开的日期、时间和地点 召开的日期时间：2025 年 7 月 23 日 14 点 00 分 召开地点：北京市西城区德胜门外大街 85 号中国交通建设大厦 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投 ...

A 股股份代码：601800 H 股股份代码：1800 2025 年第一次临时股东会 会议材料 中国交通建设股份有限公司 2025 年 7 月 23 日 股东会会议材料 会议须知 为维护全体股东的合法权益，确保股东会的正常秩序和 议事效率，保证会议顺利进行，本公司根据《公司法》、《上 市公司股东会规则》以及《公司章程》的规定，特制定本须 知。 一、参会股东及股东代表须携带身份证明（股票账户卡、 身份证、法人股东的营业执照等）及相关授权文件办理会议 登记手续及有关事宜。 二、出席本次股东会的股东及股东代表应于 2025 年 7 月 22 日上午 8:30-11:30，下午 1:30-4:30 之间办理会议登记。 1 股东会会议材料 反上述规定的，会议主持人可拒绝或制止。会议进行中只接 受股东身份人员的发言和质询。 八、本次会议审议的《关于更换公司董事的议案》为普 通决议案，应当由出席股东会的股东（包括股东代理人）所 持表决权的二分之一以上通过。 三、会议按照法律、法规、有关规定和公司章程的规定 进行，请参会人员自觉维护会议秩序，防止不当行为影响其 他股东合法权益。 四、谢绝个人进行录音、拍照及录像。 五、股东要 ...

Group 1 - The State-owned Assets Supervision and Administration Commission (SASAC) announced personnel changes for 8 central enterprises, involving 9 leaders [1] - Song Hailiang appointed as Party Secretary and Chairman of China Communications Construction Group, removed from his positions at China Energy Engineering Group [2] - Zhang Bingnan appointed as Deputy Secretary and Director of China Communications Construction Group, nominated as General Manager candidate, removed from his roles at China Forestry Group [2] - Huang Pu appointed as Deputy Secretary of China Energy Engineering Group, removed from his positions at China Electric Power Construction Group [2] - Chen Yong appointed as a member of the Standing Committee of China Energy Engineering Group, no longer serving as Chief Accountant at China Chengtong Holdings Group [2] - Chen Guanfeng appointed as a member of the Standing Committee of China Electric Power Construction Group [3] - Sun Jianchao nominated as Deputy General Manager candidate for China Academy of Building Research [4] - Changqing retired from the position of Deputy General Manager of China Nonferrous Metal Mining Group [5] - Tian Zhiling and Xu Hongzhi appointed as external directors of China General Research Institute for Nonferrous Metals [6]

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].

Core Points - The CSWD M&A Index increased by 0.21% to 1737.31 points with a trading volume of 30.173 billion yuan on July 3 [1] - Over the past month, the CSWD M&A Index has risen by 2.21%, while it has increased by 0.84% over the last three months, and has decreased by 0.08% year-to-date [1] Index Composition - The CSWD M&A Index is composed of the top 100 securities based on the total value of assets involved in M&A or restructuring processes [1] - The top ten weighted securities in the index are: Luxshare Precision (5.59%), Top Group (5.53%), China Shipbuilding (5.14%), OFILM (4.64%), China Communications Construction (4.43%), Shanghai Silicon Industry (4.27%), BGI Genomics (3.53%), State Power Investment Corporation (3.16%), New Hope Liuhe (2.6%), and Hailanxin (1.88%) [1] Market Distribution - The market distribution of the CSWD M&A Index shows that the Shenzhen Stock Exchange accounts for 51.33%, the Shanghai Stock Exchange for 48.38%, and the Beijing Stock Exchange for 0.30% [1] Industry Breakdown - The industry composition of the index includes: Information Technology (27.44%), Industrials (23.69%), Materials (12.43%), Consumer Discretionary (11.53%), Communication Services (7.09%), Financials (6.45%), Utilities (5.30%), Health Care (2.93%), Real Estate (2.18%), and Consumer Staples (0.95%) [2] Sample Adjustment - The index samples are adjusted quarterly, with adjustments occurring on the first trading day of March, June, September, and December [2] - New samples ranked within the top 80 are prioritized for inclusion, while existing samples ranked within the top 120 are preferred for retention [2]

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]

Group 1 - The company announced a share repurchase plan with a total amount not less than RMB 500 million and not exceeding RMB 1 billion [1][2] - The repurchase period is set from June 17, 2025, to June 16, 2026, following the approval of the plan by the shareholders' meeting [1] - The maximum repurchase price is capped at RMB 13.58 per share, and all repurchased shares will be canceled to reduce the company's registered capital [1] Group 2 - As of June 30, 2025, the company has not yet repurchased any shares [2] - The company will adhere to relevant regulations and make repurchase decisions based on market conditions during the repurchase period [2]

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 ...