Core Viewpoint - China Energy Construction (03996) reported a revenue of 212.09 billion RMB for the six months ending June 30, 2025, representing a year-on-year increase of 9.18% and a net profit attributable to shareholders of 2.802 billion RMB, up 0.72% [1] Group 1: Business Segments - The surveying, design, and consulting business generated revenue primarily from providing surveying and design services for domestic and international thermal, hydropower, nuclear, wind, and solar power projects, as well as consulting services related to power industry policies and project testing, evaluation, and supervision. This segment achieved a revenue of 9.098 billion RMB, reflecting a year-on-year growth of 16.46% [1] - The engineering construction business's revenue mainly comes from providing construction services for projects in China and overseas. During the first half of 2025, several key projects were at their peak construction phase, resulting in a revenue of 181.996 billion RMB, which is a year-on-year increase of 10.31% [1]

Core Insights - China Energy Engineering Corporation (03996) reported a revenue of 212.09 billion RMB for the six months ending June 30, 2025, representing a year-on-year increase of 9.18% [1] - The net profit attributable to shareholders was 2.802 billion RMB, reflecting a slight increase of 0.72% year-on-year [1] - Basic earnings per share stood at 0.063 RMB [1] Business Segments - The surveying, design, and consulting business generated revenue of 9.098 billion RMB, marking a year-on-year growth of 16.46%. This revenue primarily comes from providing design services for various power generation projects and consulting services related to power industry policies and project evaluations [1] - The engineering construction business achieved revenue of 181.996 billion RMB, with a year-on-year increase of 10.31%. This segment's revenue is mainly derived from construction services for projects in China and overseas, with several key projects at peak construction during the reporting period [1]

茲載列本公司於上海證券交易所網站刊發的《中國能源建設集團財務有限公司2025年上半 年風險持續評估報告》，僅供參閱。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 CHINA ENERGY ENGINEERING CORPORATION LIMITED* （在中華人民共和國註冊成立的股份有限公司） （股份代號：3996） 海外監管公告 本公告乃由中國能源建設股份有限公司（「本公司」）根據香港聯合交易所有限公司證券上 市規則第13.10B條作出。 承董事會命 中國能源建設股份有限公司 副董事長 倪真 中國，北京 2025年8月28日 於本公告日期，本公司執行董事為倪真先生；非執行董事為劉學詩先生及司欣波先生； 及獨立非執行董事為程念高先生、魏偉峰博士、牛向春女士及裴振江先生。 * 僅供識別 中国能源建设集团财务有限公司 2025 年上半年风险持续评估报告 根据监管要求，中国能源建设股份有限公司（以下简称本公 司）应对所控股的中国能源建设集团财务有限公 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 CHINA ENERGY ENGINEERING CORPORATION LIMITED* （在中華人民共和國註冊成立的股份有限公司） （股份代號：3996） 海外監管公告 本公告乃由中國能源建設股份有限公司（「本公司」）根據香港聯合交易所有限公司證券上 市規則第13.10B條作出。 茲載列本公司於上海證券交易所網站刊發的《中國能源建設股份有限公司第三屆監事會第 三十三次會議決議公告》，僅供參閱。 承董事會命 中國能源建設股份有限公司 副董事長 倪真 中國，北京 2025年8月28日 於本公告日期，本公司執行董事為倪真先生；非執行董事為劉學詩先生及司欣波先生； 及獨立非執行董事為程念高先生、魏偉峰博士、牛向春女士及裴振江先生。 * 僅供識別 | A | 股代码：601868 | A | 股简称：中国能建 | 公告编号：临 2025-047 | | --- | --- | --- | --- | --- ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 CHINA ENERGY ENGINEERING CORPORATION LIMITED* （在中華人民共和國註冊成立的股份有限公司） （股份代號：3996） 海外監管公告 本公告乃由中國能源建設股份有限公司（「本公司」）根據香港聯合交易所有限公司證券上 市規則第13.10B條作出。 茲載列本公司於上海證券交易所網站刊發的《中國能源建設股份有限公司第三屆董事會第 五十次會議決議公告》，僅供參閱。 承董事會命 中國能源建設股份有限公司 副董事長 倪真 中國，北京 2025年8月28日 | A | 股代码：601868 | A | 股简称：中国能建 | 公告编号：临 2025-046 | | --- | --- | --- | --- | --- | | H | 股代码:03996 | H | 股简称:中国能源建设 | | 中国能源建设股份有限公司 第三届董事会第五十次会议决议公告 本公司董事会及全体董事保 ...

Financial Performance - The company reported unaudited half-year results for the period ending June 30, 2025, in accordance with Chinese accounting standards[3]. - The company's operating revenue for the first half of the year reached RMB 212.09 billion, representing a 9.18% increase compared to the same period last year[25]. - The total profit for the reporting period was RMB 6.56 billion, up by 5.49% year-on-year[25]. - Net profit attributable to shareholders was RMB 2.80 billion, a slight increase of 0.72% from the previous year[25]. - The company's total assets increased by 8.02% to RMB 938.74 billion compared to the end of the previous year[25]. - The company reported a basic earnings per share of RMB 0.063, unchanged from the previous year[25]. - The weighted average return on net assets was 2.41%, a decrease of 0.15 percentage points compared to the same period last year[25]. - The company reported a significant increase in annual revenue, achieving a total of 24.188 billion with a year-over-year growth of 23%[183]. - The company reported a significant increase in revenue, achieving a total of $1.2 billion, representing a 15% year-over-year growth[184]. - The company reported a significant increase in revenue, achieving a total of $3.18 billion for the fiscal year, representing a growth of 20% compared to the previous year[191]. Corporate Governance - The board of directors confirmed the accuracy and completeness of the half-year report, with no false statements or significant omissions[6]. - All directors attended the board meeting to review the half-year report[6]. - The company has complied with all provisions of the Corporate Governance Code during the reporting period[164]. - The term of the third board of directors and supervisory board will be extended until the next election, ensuring continuity in operations[163]. - The company is actively seeking suitable candidates to fill the chairman position following the resignation of Song Hailiang on June 30, 2025[164]. Strategic Initiatives - The company launched the "Four New" Alliance in November 2023, focusing on the integration of new energy, new infrastructure, new industries, and new materials[16]. - The company aims to achieve a revenue growth target of 15% for the upcoming fiscal year, driven by new product launches and market expansion strategies[18]. - The company is actively pursuing mergers and acquisitions to strengthen its market position, targeting a 5% market share increase in the next two years[22]. - The company is focusing on integrating energy, digital, and transportation networks to promote cross-industry collaboration and green transformation[63]. - The company is exploring new market segments to diversify its portfolio and reduce risk exposure[183]. Research and Development - The company plans to invest approximately 1 billion CNY in research and development for new technologies in the next fiscal year[19]. - The company’s R&D expenditure increased by 11% year-on-year in the first half of 2025, with two subsidiaries approved as national enterprise technology centers[57]. - Research and development expenses rose by 10.98% to ¥5,351,934, reflecting the company's commitment to technological innovation[68]. - The company is investing in new technology development, allocating $200 million towards R&D initiatives aimed at enhancing product features and user experience[191]. Market Expansion - The company reported a significant increase in user data, with a year-over-year growth of 25% in active users[17]. - The company is expanding its market presence in Southeast Asia, targeting a 15% market share by the end of the year[1]. - The company is expanding its market presence in Asia, targeting a 25% increase in market share within the next two years[186]. - The company is actively exploring mergers and acquisitions to enhance its product offerings and market share[1]. Sustainability and Environmental Goals - The company is committed to achieving carbon neutrality by 2030, aligning with national energy transition goals[20]. - The company is committed to sustainability initiatives, which are expected to drive long-term value creation[1]. - The company is focusing on green building and smart city development, aligning with industry trends towards sustainable and intelligent construction[43]. - The company has committed to sustainability initiatives, targeting a 50% reduction in carbon emissions by 2025[188]. Financial Management - The company decided not to implement a mid-year dividend due to ongoing A-share issuance plans[7]. - The total liabilities amounted to RMB 729.61 billion, with a debt-to-asset ratio of 77.72%, up 1.41 percentage points from the beginning of the year[74]. - The company is focusing on optimizing its capital structure through strategic financial management[189]. - The company reported a total guarantee amount at the end of the reporting period was RMB 63.85 billion, including RMB 63.57 billion for real estate guarantees[158]. Risk Management - The report includes a detailed description of risks faced by the company, as outlined in the "Management Discussion and Analysis" section[9]. - The company faces increasing debt risk, with a rising trend in interest-bearing liabilities, necessitating ongoing monitoring of overall debt conditions[92]. - Investment risks are highlighted due to extended recovery periods for some PPP projects, influenced by local government fiscal capabilities[93]. - International operational risks are present due to complex global economic conditions and increasing sovereign debt pressures in developing countries[94]. Employee Engagement and Development - The company has implemented extensive training programs, covering over 600,000 person-times in the first half of 2025 to improve employee skills and capabilities[97]. - The company has a strong talent pool, including 40 experts receiving special government allowances and various national-level engineering masters[97]. Shareholder Relations - The company is focused on maintaining shareholder interests while resolving business overlaps with its subsidiaries[129]. - The company guarantees that all assets are under its control and will not use company assets to secure debts of related entities[134]. - The company will uphold the legal rights of all shareholders and will not engage in unfair practices that could harm shareholder interests[133].

北京商报讯（记者 王寅浩 李晗）8月28日，中国能建发布2025年半年度业绩报告。报告显示，1—6月中 国能建实现营业收入约2120.91亿元，同比增长9.18%；归母净利润28.02亿元，同比增长0.72%。 ...

Core Viewpoint - China Energy Engineering Corporation (601868.SH) reported a year-on-year increase in revenue and net profit for the first half of 2025, indicating stable growth in its financial performance [1] Financial Performance - The company's operating revenue for the first half of 2025 reached 212.09 billion yuan, representing a year-on-year growth of 9.18% [1] - The net profit attributable to shareholders of the listed company was 2.802 billion yuan, showing a year-on-year increase of 0.72% [1] - The net profit after deducting non-recurring gains and losses was 2.521 billion yuan, which reflects a year-on-year growth of 8.32% [1]

Core Viewpoint - China Energy Engineering Corporation (China Energy) reported its semi-annual results, showing a steady growth in revenue and net profit for the first half of 2025 [1] Financial Performance - The company achieved an operating revenue of 212.09 billion yuan, representing a year-on-year increase of 9.18% [1] - The net profit attributable to shareholders of the listed company was 2.802 billion yuan, reflecting a year-on-year growth of 0.72% [1] - Basic earnings per share stood at 0.063 yuan [1]

中国能源建设集团财务有限公司 2025 年上半年风险持续评估报告 根据监管要求，中国能源建设股份有限公司（以下简称本公 司）应对所控股的中国能源建设集团财务有限公司（以下简称中 国能建财务公司）进行风险持续评估。通过查阅《金融许可证》 《营业执照》等资料，并审阅中国能建财务公司资产负债表、利 润表等在内的材料，本公司对中国能建财务公司的经营资质、业 务和风险状况进行了评估，现将具体情况报告如下： 一、中国能建财务公司基本情况 股东情况： | 序号 | 股东单位 | 出资份额（万元） | 百分比（%） | | --- | --- | --- | --- | | 1 | 中国能源建设集团有限公司 | 372 | 0.08 | | 2 | 电力规划总院有限公司 | 27708 | 6.16 | | 3 | 中国能源建设股份有限公司 | 226920 | 50.43 | 中国能建财务公司于 1996 年 1 月 3 日经中国人民银行总行批 准成立，2020 年注册地由湖北省武汉市迁至北京市，持有国家金 融监督管理总局北京监管局颁发的《金融许可证》。中国能建财务 公司基本情况如下： 注册地址：北京市朝阳区西大望路甲 2 ...