Group 1 - The company clarified that Zhonggong Aerospace Industry Co., Ltd. is not a subsidiary and has no affiliation with it [1] - The company advised investors to refer to its periodic reports for accurate information regarding its subsidiaries [1] - The company emphasized the importance of cautious evaluation of market information by investors [1]

Core Viewpoint - The company, Zhonggong International, clarified that it has not established a subsidiary named "Zhonggong International Aerospace Industry (Beijing) Co., Ltd." and currently does not engage in any commercial aerospace projects [1] Group 1 - The company responded to investor inquiries regarding its involvement in commercial aerospace, stating that it has not initiated any business in this sector [1] - The company emphasized that the mentioned subsidiary is not related to its operations and advised investors to refer to official reports for accurate information [1] - The company acknowledged the investor's suggestions regarding leveraging its engineering network and resources but reiterated its current lack of engagement in the aerospace field [1]

Core Viewpoint - The company, Zhonggong International, emphasizes high-quality development in its overseas projects, focusing on high standards, sustainability, and benefiting people's livelihoods [1][7]. Group 1: Project Developments - The Uzbekistan Andijan Municipal Solid Waste Incineration Power Project has successfully completed the installation of the first boiler steel frame, which is 11 meters high and weighs approximately 5 tons, marking a significant milestone in the project [2][8]. - The completion of the boiler steel frame installation signifies the official start of the project installation work, laying a solid foundation for the subsequent installation of the boiler body, heating surfaces, and various auxiliary equipment [4][10]. - The Nicaragua Liquefied Petroleum Gas Storage Facility Project has successfully completed the installation of the upper plate of tank V7054, marking the end of the lifting operations and transitioning the project into the welding construction phase [5][11]. - The Nigeria Jigawa State Agricultural Mechanization Center Project has seen the arrival and assembly of 300 tractors, completing all contractual obligations and entering the acceptance phase [7][13]. Group 2: Strategic Importance - The Nicaragua project is a flagship initiative for the company in the Latin American market, adhering to high standards and strict requirements, which creates favorable conditions for future work [7][13]. - The Nigeria project exemplifies the company's successful practice of promoting "Guo Ji Equipment" going global and supports the Belt and Road Initiative, contributing to agricultural development in the region [7][13].

Core Viewpoint - Zhonggong International (002051) has experienced a decline in both revenue and net profit for the first three quarters of 2025, indicating potential challenges in its operational performance [2]. Financial Performance - For the first three quarters of 2025, the company reported a main revenue of 7.125 billion yuan, a year-on-year decrease of 17.25% [2]. - The net profit attributable to shareholders was 247 million yuan, down 23.68% year-on-year [2]. - The company's net profit after deducting non-recurring items was 235 million yuan, showing a slight increase of 0.61% [2]. - In Q3 2025, the single-quarter main revenue was 2.338 billion yuan, down 24.85% year-on-year [2]. - The single-quarter net profit attributable to shareholders was 69.82 million yuan, up 35.16% year-on-year [2]. - The single-quarter net profit after deducting non-recurring items was 65.03 million yuan, up 54.38% year-on-year [2]. - The company's debt ratio stood at 53.68% [2]. - Investment income was reported at 66.43 million yuan, with financial expenses at -23.65 million yuan [2]. - The gross profit margin was 18.57% [2]. Market Activity - As of January 12, 2026, Zhonggong International's stock closed at 8.81 yuan, down 0.23% [1]. - The turnover rate was 1.85%, with a trading volume of 228,400 hands and a transaction amount of 200 million yuan [1]. - On January 12, the net inflow of main funds was 8.5729 million yuan, accounting for 4.28% of the total transaction amount [1]. - The net inflow of speculative funds was 7.5233 million yuan, accounting for 3.76% of the total transaction amount [1]. - Retail investors experienced a net outflow of 16.0962 million yuan, representing 8.04% of the total transaction amount [1]. Analyst Ratings - In the last 90 days, four institutions provided ratings for Zhonggong International, with three giving a "buy" rating and one an "increase" rating [2]. - The average target price set by institutions over the past 90 days is 10.09 yuan [2].

Core Viewpoint - The company emphasizes its commitment to technological innovation and its competitive advantages in the engineering sector, despite facing challenges in the current market environment [1]. Group 1: Company Strengths - The company has established itself as a leader in the "going out" strategy, showcasing strong international operations and innovative financing capabilities [1]. - It possesses advanced core technologies in high-end equipment manufacturing, logistics warehousing, and automation control systems, with its detachable cableway technology reaching an advanced level compared to international peers [1]. - The company holds a leading position in sectors such as medical construction, cableway systems, and solid waste lifting, along with strong technical and research capabilities in energy, logistics, and civil construction [1]. Group 2: Market Position and Challenges - The valuation of the civil engineering construction industry, where the company operates, has been at historically low levels, putting pressure on the company's stock price [1]. - The company's price-to-book ratio is currently higher than the industry average, indicating potential challenges in market perception [1]. - The company aims to enhance the quality of its listed entity and improve market value management to boost investment value and shareholder returns, guiding the company's value towards reasonable recovery [1].

Core Viewpoint - The solid-state battery industry is accelerating towards commercialization, with significant advancements and market interest in related stocks [4][19]. Market Performance - On January 6, the A-share market saw major indices rise, with the Shanghai Composite Index closing up 1.5%, marking a 13-day consecutive increase and reaching a ten-year high [12]. - Several sectors, including non-ferrous metals, non-bank financials, and defense, saw gains exceeding 3%, while others like oil and coal also performed well [14]. - Over 400 stocks increased by more than 5%, with notable historical highs reached by companies such as Zijin Mining and China Pacific Insurance [14]. Solid-State Battery Developments - Donut Lab announced the launch of the world's first commercially viable all-solid-state battery, set to be showcased at CES 2026 [18]. - This battery boasts advantages in energy density, charging speed, cycle life, and adaptability to extreme environments, potentially transforming the electric vehicle industry [19]. - The industry consensus is moving towards solid-state technology, with expectations for small-scale production and process stabilization by 2027 [19]. Company Insights - Companies like Tianqi Lithium and Xiamen Tungsten have been highlighted for their advancements in solid-state battery materials and production capabilities [20][21]. - Analysts predict significant profit growth for solid-state battery concept stocks, with companies like Enjie and Rongbai Technology expected to see net profits double this year [10][22]. - The solid-state battery sector is anticipated to benefit from new manufacturing processes and equipment, with firms specializing in solid-state battery production likely to gain a competitive edge [8][21].

Core Viewpoint - Zhonggong International (002051) has announced a share buyback plan aimed at reducing registered capital, with a total budget of 50 million to 100 million yuan, and a maximum buyback price of 12.85 yuan per share [1] Group 1: Stock Performance - As of January 5, 2026, Zhonggong International's stock closed at 8.68 yuan, down 4.3% from the previous trading day, with a total market capitalization of 10.741 billion yuan [1] - The stock opened at 8.95 yuan, reached a high of 8.96 yuan, and a low of 8.61 yuan, with a trading volume of 263 million yuan and a turnover rate of 2.43% [1] Group 2: Share Buyback Details - The company held a board meeting on October 13, 2025, and a temporary shareholders' meeting on October 29, 2025, to approve the share buyback plan [1] - As of December 31, 2025, the company had repurchased 2,633,400 shares, accounting for 0.21% of the total share capital, with a maximum transaction price of 9.09 yuan per share and a minimum of 8.83 yuan per share [1] - The total amount spent on the buyback was 23,593,582 yuan (excluding transaction fees), and the buyback complies with relevant regulations [1]

（记者 王晓波） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 每日经济新闻 每经AI快讯，中工国际1月5日晚间发布公告称，公司于2025年12月1日实施了首次股份回购，截至2025 年12月31日，公司通过股份回购专用证券账户以集中竞价方式回购公司股份约263万股，占公司总股本 的比例为0.21%，最高成交价为9.09元/股，最低成交价为8.83元/股，支付的资金总额为人民币约2359万 元。 每经头条（nbdtoutiao）——秒光！1499元飞天茅台上线即空，i茅台App冲上苹果购物榜第一，10万用 户已下单！经销商同价做回馈，1000箱很快卖完 ...

格隆汇1月5日丨中工国际(002051.SZ)公布，公司于2025年12月1日实施了首次股份回购，截至2025年12 月31日，公司通过股份回购专用证券账户以集中竞价方式回购公司股份2,633,400股，占公司总股本的比 例为0.21%，最高成交价为9.09元/股，最低成交价为8.83元/股，支付的资金总额为人民币23,593,582.00 元（不含交易费用）。本次回购股份资金来源为公司自有资金及股票回购专项贷款，回购价格未超过回 购方案中拟定的价格上限。本次回购符合相关法律法规及公司既定的回购股份方案。 ...

格隆汇1月5日丨中工国际(002051.SZ)公布，公司于2025年12月1日实施了首次股份回购，截至2025年12 月31日，公司通过股份回购专用证券账户以集中竞价方式回购公司股份2,633,400股，占公司总股本的比 例为0.21%，最高成交价为9.09元/股，最低成交价为8.83元/股，支付的资金总额为人民币23,593,582.00 元（不含交易费用）。本次回购股份资金来源为公司自有资金及股票回购专项贷款，回购价格未超过回 购方案中拟定的价格上限。本次回购符合相关法律法规及公司既定的回购股份方案。 ...