证券代码：002302 证券简称：西部建设 公告编号：2025-029 第八届十九次董事会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 中建西部建设股份有限公司（以下简称"公司"）第八届十九 次董事会会议通知于 2025 年 6 月 3 日以专人及电子邮件方式送达 全体董事，会议于 2025 年 6 月 6 日在四川省成都市天府新区汉州 路 989 号中建大厦公司会议室以现场结合通讯方式召开，应出席 会议的董事 8 人，实际出席会议的董事 8 人（其中董事侍军凯先 生、张海霞女士、廖中新先生、杨波先生以通讯方式出席会议）。 会议由董事长章维成先生主持，会议的召开符合《中华人民共和 国公司法》《公司章程》及公司《董事会议事规则》等规定。 二、董事会会议审议情况 经与会董事充分讨论，一致通过以下决议： 1.审议通过《关于<2024 年度环境、社会和公司治理（ESG） 报告>的议案》 表决结果：8 票同意，0 票反对，0 票弃权。 三、备查文件 1.公司第八届十九次董事会决议 2.公司第八届董事会战略与投资委员会第八次会议决议 3 ...

Group 1: Market Outlook and Industry Trends - The concrete industry is expected to benefit from policies aimed at expanding domestic demand, particularly through infrastructure projects and urban renewal initiatives, which will provide sustained momentum [1] - Infrastructure construction remains a key driver, with ongoing demand in transportation, energy, and water conservancy sectors in central and western rural areas [1] - The "Belt and Road" initiative is expected to enhance overseas infrastructure market expansion, creating additional growth opportunities for domestic companies [1] Group 2: Financial Performance and Dividend Policy - The company will issue dividends within the regulatory timeframe, ensuring compliance with relevant regulations [2] - The company is focused on high-value product development and has successfully applied numerous special concrete products across various sectors, contributing to its high-quality development [2] Group 3: Pricing and Cost Factors - Concrete prices are influenced by multiple factors, including raw material costs, transportation expenses, market demand, competition, and technological advancements [2] - Fluctuations in cement prices, as a primary raw material, have a direct impact on concrete pricing [2] Group 4: Business Strategy and Market Position - The company is actively transitioning its business structure towards infrastructure, increasing resource allocation in areas such as transportation, water conservancy, energy, and new infrastructure [3] - The company aims to enhance its market share in infrastructure by participating in urban renewal, affordable housing, and public infrastructure projects [3] Group 5: Accounts Receivable Management - The company maintains a low credit risk for accounts receivable, primarily dealing with strong-performing clients such as state-owned enterprises [4] - As the business scales, there may be an increase in accounts receivable, necessitating improved credit management and contract governance to ensure efficient collection [4] Group 6: Market Value Management - The company acknowledges the impact of economic cycles and investor sentiment on stock price fluctuations and is committed to enhancing operational quality and market value management [4] - The company plans to implement strategic planning and operational strategies to improve value creation and maintain a balance between enterprise value and market value [4]

Group 1 - The National Intellectual Property Administration of China has received a patent application for a concrete quality detection method based on a mixing transport vehicle platform, filed by multiple companies including China Construction West Construction Hunan Co., Ltd. and others [1] - The patent, published as CN119974242A, describes a method that involves real-time image collection of concrete during transport, inputting these images into a model to assess quality, and generating a decision plan if anomalies are detected [1] - This method aims to enhance detection efficiency and adaptability by enabling non-contact real-time monitoring of concrete conditions within cement transport vehicles [1] Group 2 - China Construction West Construction Hunan Co., Ltd. was established in 2009, located in Changsha, with a registered capital of 400 million RMB, and has participated in 99 bidding projects and holds 159 patents [1] - China Construction West Construction Group Fifth (Guangdong) Co., Ltd. was founded in 2024 in Dongguan, with a registered capital of 80 million RMB, involved in 9 bidding projects and holds 32 patents [2] - China Construction West Construction Co., Ltd. was established in 2001 in Urumqi, with a registered capital of approximately 1.26 billion RMB, has invested in 30 companies, participated in 72 bidding projects, and holds 674 patents [2] - Haikou Xijian Tongfa Green Building Materials Co., Ltd. was founded in 2019 in Haikou, with a registered capital of 50 million RMB, involved in 9 bidding projects and holds 9 patents [2]

证券代码：002302 证券简称：西部建设 公告编号：2025-027 本次投资者集体接待日活动将采用网络远程的方式举行， 投资者可登录"全景路演"网站（http://rs.p5w.net），或关注微 信公众号：全景财经，或下载全景路演 APP，参与本次互动交 流，活动时间为 2025 年 5 月 23 日（星期五）15:00-17:30。届 时公司高管将在线就公司 2024 年度业绩、公司治理、发展战略、 经营状况、融资计划、股权激励和可持续发展等投资者关心的 问题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与。 特此公告。 中建西部建设股份有限公司 董事会 2025 年 5 月 17 日 关于参加新疆辖区上市公司 2025 年 投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，中建西部建设股份有 限公司（以下简称"公司"）将参加由新疆上市公司协会根据新 疆证监局工作部署，联合深圳市全景网络有限公司举办的"2025 年新疆辖区上市公司投资者网上集体接待日活动"，现将相关事 项公告如下： ...

证券代码：002302 证券简称：西部建设 公告编号：2025-028 2024 年度股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 特别提示： 1.本次股东大会未出现否决提案的情形。 2.本次股东大会未涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1.召集人：公司董事会 2.召开时间： 现场会议时间：2025年5月16日（星期五）14:00 。 网络投票时间：2025 年 5 月 16 日。其中通过深圳证券交易 所交易系统进行网络投票的时间为 2025 年 5 月 16 日的交易时 间，即 9:15-9:25，9:30-11:30 和 13:00-15:00；通过深圳证券交易 所互联网投票系统投票的时间为 2025 年 5 月 16 日 9:15 至 15:00 期间的任意时间。 3.现场会议地点：四川省成都市天府新区汉州路989号中建 1.出席本次股东大会的股东及股东授权代表234人，代表股 份576,948,778股，占公司有表决权股份总数的45.7042％。 其中：出席现场会议的股东及股东授权代表4人 ...

北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 北京国枫律师事务所 关于中建西部建设股份有限公司 2024 年度股东大会的 法律意见书 国枫律股字[2025]A0203号 致：中建西部建设股份有限公司（贵公司） 北京国枫律师事务所（以下简称"本所"）接受贵公司的委托，指派律师出席并见证 贵公司 2024 年度股东大会（以下简称"本次会议"）。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人 民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下简称"《股 东会规则》"）、《律师事务所从事证券法律业务管理办法》（以下简称"《证券法律业务管 理办法》"）、《律师事务所证券法律业务执业规则（试行）》（以下简称"《证券法律业务执 业规则》"）等相关法律、行政法规、规章、规范性文件及《中建西部建设股份有限公司 章程》（以下简称"《公司章程》"）的规定，就本次会议的召集与召开程序、召集人资格、 出席会议人员资格、会议表决程序及表决结果等事宜，出具本法律意见书。 对本 ...

证券代码：002302 证券简称：西部建设 公告编号：2025-026 特此公告。 关于董事辞任的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 中建西部建设股份有限公司（以下简称"公司"）董事会于 近日收到董事骆晓华先生的书面辞职报告。因工作调整，骆晓 华先生申请辞去公司第八届董事会董事及董事会专门委员会 相关职务。骆晓华先生原定任期至公司第八届董事会届满之日 （即 2026 年 12 月 27 日）。辞任后，骆晓华先生将不再担任 公司任何职务。 根据《中华人民共和国公司法》《深圳证券交易所股票上 市规则》及《公司章程》等相关规定，骆晓华先生的辞任不会 导致公司董事会成员低于法定最低人数，其辞职报告自送达董 事会之日起生效。本次董事变动不会对公司及公司董事会的正 常运作产生影响。 截至本公告披露日，骆晓华先生未持有公司股份，亦不存 在应当履行而未履行的承诺事项。 公司董事会对骆晓华先生在任职期间的勤勉工作及为公 司发展所作出的贡献表示衷心感谢！ 中建西部建设股份有限公司 董事会 2025 年 4 月 30 日 ...

Investment Rating - The report does not specify a clear investment rating for the company [1]. Core Views - The company continues to face pressure on its profitability, with a significant decline in revenue and net profit in the first quarter of 2025. Revenue decreased by 7.6% year-on-year to 3.74 billion yuan, while net profit attributable to the parent company was -250 million yuan, a decline of 122% year-on-year [7]. - Downstream demand remains weak, with new housing starts down 24.4% year-on-year and construction area down 9.5% year-on-year. The overall industry is still in a bottoming phase, compounded by unfavorable weather conditions and the impact of the Spring Festival [7]. - The concrete market price remains at a low level, with an average price of 353.43 yuan per cubic meter as of March 31, showing a slight decrease of 0.08% from the previous quarter [7]. - The company's gross margin has decreased by 4.1 percentage points to 0.9%, primarily due to lower sales prices of concrete. The net profit margin has also declined by 4.5 percentage points to -7.2% [7]. - The company has a strong competitive advantage in the concrete industry, being the only development platform for ready-mixed concrete under China State Construction Engineering Corporation. It has been focusing on its core business and expanding its market presence [7]. - The company is actively optimizing its regional layout and has added 54 new concrete mixing stations, significantly enhancing its market coverage and service capabilities [7]. - With favorable policies in the real estate sector and infrastructure investment projects being launched, downstream demand is expected to gradually recover, benefiting the company as a leading player in the industry [7]. Financial Summary - The company's projected revenue for 2025 is 210.76 billion yuan, reflecting a growth rate of 3.58% compared to 2024. The net profit attributable to the parent company is expected to be 1.60 billion yuan, a significant recovery from a loss in 2024 [2]. - The earnings per share (EPS) is projected to be 0.13 yuan in 2025, with a return on equity (ROE) of 1.91% [2]. - The company’s total assets are estimated at 332.68 billion yuan in 2025, with a total market capitalization of 74.48 billion yuan [5][2].

Investment Rating - The report does not specify a clear investment rating for the company [1] Core Views - The company continues to face pressure on its profitability, with a significant decline in revenue and net profit in the first quarter of 2025. Revenue decreased by 7.6% year-on-year to 3.74 billion yuan, while the net profit attributable to the parent company was -250 million yuan, a 122% decline year-on-year [7] - Downstream demand remains weak, with new housing starts down 24.4% year-on-year and construction area down 9.5% year-on-year. The overall industry is still in a bottoming phase [7] - The concrete market price is at a low point, with an average price of 353.43 yuan per cubic meter, showing a slight decrease of 0.08% from the previous quarter [7] - The company's gross margin has decreased by 4.1 percentage points to 0.9% due to lower sales prices of concrete. The net profit margin has also declined by 4.5 percentage points to -7.2% [7] - The company has a strong competitive advantage in the concrete industry, being the only development platform for ready-mixed concrete under China State Construction Engineering Corporation. It has been focusing on its core business and expanding its market presence [7] - The company is expected to benefit from favorable policies in the real estate sector and infrastructure investment projects, which may lead to a gradual recovery in downstream demand [7] Financial Summary - The company's projected revenue for 2025 is 21.08 billion yuan, with a growth rate of 3.58%. The net profit attributable to the parent company is expected to be 160 million yuan, a significant recovery from a loss of 263 million yuan in 2024 [2][8] - The earnings per share (EPS) is projected to improve from -0.21 yuan in 2024 to 0.13 yuan in 2025 [2] - The return on equity (ROE) is expected to turn positive, increasing from -2.06% in 2024 to 1.91% in 2025 [2]

Core Viewpoint - The company has released its first quarter report for 2025, highlighting significant changes in financial metrics and operational performance, with a focus on the accuracy and completeness of the disclosed information [2][12][18]. Financial Data Summary - The company reported a 38.07% decrease in cash and cash equivalents compared to the beginning of the period, attributed to increased payments for goods [4]. - Accounts receivable decreased by 31.44% due to a reduction in bill collections [5]. - Financing receivables saw a significant decline of 78.22%, linked to increased bill payments [5]. - Prepayments increased by 40.49%, reflecting a rise in advance payments for materials [5]. - Other current assets surged by 182.14%, primarily due to an increase in prepaid taxes [5]. - Development expenditures rose by 72.94%, driven by higher capitalized R&D investments [5]. - Contract liabilities increased by 98.52%, indicating a rise in advance payments received [5]. - Other current liabilities grew by 336.88%, attributed to an increase in taxes payable [5]. - Deferred tax liabilities increased by 57.33%, reflecting the recognition of deferred tax liabilities [5]. - Other comprehensive income rose by 38.80%, influenced by currency fluctuations [5]. - Other income increased by 86.09%, due to a rise in government subsidies related to operating activities [5]. - Net profit attributable to the parent company decreased by 121.99%, primarily due to a decline in gross profit margin from main products [5]. - Basic earnings per share fell by 122.10%, reflecting the decrease in net profit attributable to the parent company [5]. - Cash received from tax refunds increased by 229.38%, due to a rise in VAT refunds [5]. - Cash flow from investing activities saw a net increase of 64.64%, linked to reduced capital expenditures [6]. - Cash flow from financing activities surged by 644.07%, driven by increased borrowings [9]. Corporate Governance - The board of directors and supervisory board confirmed the authenticity and completeness of the quarterly report, taking legal responsibility for its accuracy [2][12][18]. - The first quarter report was not audited [3][11].