●兵团日报全媒体记者 段若冰 常驻记者 张明娟 2月10日清晨，北新路桥集团承建的云南省长龙高速公路项目施工现场机器轰鸣，建设者们抢抓工期、 全力推进工程建设。作为十一师疆外冬季施工的重点项目之一，工程现场39名管理人员与120余名建设 者各司其职、有序作业，在低温环境下科学组织、压茬推进，掀起新春建设热潮。 盘龙段施工现场，测量、校准、复核等工序紧密衔接。技术人员严格把控精度标准，桥梁桩基施工同步 优化调整。钢筋加工、设备运转、现场指挥协同配合，各环节衔接顺畅，为全年建设开好局、起好步夯 实基础。 截至目前，该项目整体建设完成25.96%，隧道工程完成77.65%，桩基、墩柱等分项工程稳步推进，累 计完成产值约6.4亿元，工程质量验收一次合格率保持在95%以上。围绕3月底前完成1号预制梁场验收 节点目标，项目部提前部署人员返岗和物资保障工作，确保节后施工无缝衔接、持续发力。 在四川省绵阳市北川羌族自治县擂鼓镇，兵团建工市政交通集团承建的浩呈生物特色中羌药材精深加工 项目建设同样有序推进。施工现场塔吊林立，工序衔接紧凑。项目总造价9400万元，管理人员和建设工 人坚守岗位，加快厂房及配套设施建设。 围绕降本增 ...

Group 1: Monetary Policy and Market Operations - The central bank conducted a 7-day reverse repurchase operation on February 10, with a fixed rate and a total amount of 311.4 billion yuan, at an interest rate of 1.40%, resulting in a net injection of 205.9 billion yuan for the day after accounting for 105.5 billion yuan in reverse repos maturing [2][4] - The interbank market showed a tightening in liquidity, with the weighted average rate of DR001 rising over 9 basis points to 1.36%, while overnight borrowing rates for non-bank institutions increased to above 1.6% and 1.65% for overnight and cross-period funding, respectively [4] - The latest overnight financing rate in the US was reported at 3.64% [6] Group 2: Financial Instruments and Yield Trends - The latest transaction rate for one-year interbank certificates of deposit from major banks was around 1.59%, showing a slight increase from the previous day [7] - The closing yields for government bond futures showed a slight increase, with the 30-year and 10-year contracts rising by 0.01%, while the 5-year and 2-year contracts remained unchanged [12] Group 3: Fiscal Policy and Investment Trends - In the context of increasing fiscal revenue and expenditure contradictions, there is a noticeable shift in China's fiscal spending structure, with more funds being directed towards human capital and a decline in infrastructure investment. However, manufacturing and high-tech service investments remain resilient, indicating a transition in investment structure from traditional infrastructure to new productive forces [13] - The Ministry of Finance and the People's Bank of China conducted a tender for 2026 central treasury cash management deposits on February 10, with a total bid amount of 150 billion yuan at an interest rate of 1.73% [13] Group 4: Bond Market Developments - Fitch Ratings upgraded Vanke's long-term foreign and local currency issuer ratings from "RD" to "CC" [15] - The first batch of ESG standardized bonds for financing leasing in Tianjin has been issued [15] - Following refinancing policy changes, Zhongke Shuguang plans to issue convertible bonds not exceeding 8 billion yuan [15]

Investment Rating - The investment rating for the construction decoration industry is "Positive" (maintained) [4] Core Viewpoints - The State Council meeting on February 6 emphasized the importance of effective investment for stabilizing economic growth, with major projects being a key focus for the "14th Five-Year Plan" [4][11] - In 2026, various provinces are disclosing major project lists, maintaining high investment intensity, with many provinces planning investments around 1 trillion yuan, indicating that stabilizing investment remains a core strategy for local economic work [5][12] - Infrastructure projects dominate the disclosed lists, with significant investments in transportation, municipal, water conservancy, and energy sectors, while advanced manufacturing and new energy projects are also on the rise, reflecting a focus on industrial upgrades and future growth [5][12] Summary by Sections 1. Weekly Insights - The State Council has set the direction for effective investment, highlighting major projects as crucial for the "14th Five-Year Plan" [11] - The focus is on long-term development needs and building future competitive advantages in key areas such as infrastructure and emerging industries [11] 2. Company Dynamics 2.1. Order-related - Companies like Chongqing Construction and Beixin Road and Bridge have secured significant project contracts, with Chongqing Construction winning two major projects worth approximately 11.19 billion yuan combined [14] 2.2. Other - Companies are engaging in strategic moves such as equity transfers and establishing investment funds to focus on sectors like intelligent manufacturing and new materials [16] 3. Market Review 3.1. Sector Tracking - The Shanghai Composite Index fell by 1.27%, while the construction decoration index dropped by 1.81%, with only a few stocks showing gains [17] 3.2. Major Transactions - A total of three companies engaged in block trades, with significant transaction volumes reported [18] 3.3. Infrastructure Data Tracking - New special bonds issued this week amounted to 134.28 billion yuan, with a cumulative issuance of 516.46 billion yuan, reflecting a year-on-year increase of 125.35% [22] 3.4. Funding Tracking - The macroeconomic indicators show a slight decline in the USD to RMB exchange rate and a decrease in the yield of ten-year government bonds [24]

Core Viewpoint - The Xinjiang state-owned enterprise reform sector experienced a slight decline of 0.02% on February 6, with the leading stock, Beixin Road and Bridge, showing the most significant drop [1] Market Performance - The Shanghai Composite Index closed at 4065.58, down by 0.25% - The Shenzhen Component Index closed at 13906.73, down by 0.33% [1] Capital Flow - The main capital outflow from the Xinjiang state-owned enterprise reform sector amounted to 154 million yuan - Retail investors contributed a net inflow of 256 million yuan, while speculative funds saw a net outflow of 102 million yuan [1]

Key Points - JinkoSolar has not reported any revenue from "space photovoltaic" orders [1] - Shuangliang Energy has not yet engaged in any space photovoltaic-related business [1] - CITIC Bank has increased its investment in CITIC Financial Leasing Co., Ltd. by 2 billion yuan [1] - Palm Holdings has won a bid for the construction project of high-standard farmland in Shuyang District, Shangqiu City for 2025 [1] - Shanghai Pharmaceuticals plans to transfer its 30% stake in Amgen [1] - Huanxu Electronics expects a net profit of 1.853 billion yuan for 2025, a year-on-year increase of 12.16% [1] - Changan Automobile plans to repurchase shares worth 1 billion to 2 billion yuan [2] - Jinpu Garden plans to reduce its shareholding by no more than 2% [1] - Sileck's subsidiary has received a project confirmation letter from a client, with an expected procurement volume of approximately 360 million cylindrical battery shells [2] - Zhongwen Online intends to collaborate with Tencent on the authorization of animated micro-short dramas [2]

Group 1 - The company, Beixin Road and Bridge (002307.SZ), has received a bid notification from Anhui Jiangyi Guoguan Port Investment Development Co., Ltd. [1] - The company’s subsidiary, Anhui Beixin Construction Engineering Co., Ltd., is part of a consortium that has been awarded the general contracting for the first section of the Wanjing Bulk Sand and Stone Distribution (Public and Rail) Intermodal Center Terminal Project [1] - The total bid amount for the two contract sections of the project is 1.145 billion yuan [1]

Core Viewpoint - The company, Beixin Road and Bridge (002307.SZ), has been awarded contracts for the Wanjing Bulk Sand and Gravel Distribution (Public and Rail) Hub Project, with a total bid amount of 1.145 billion yuan [1] Group 1 - The company received a "Notice of Winning Bid" from Anhui Jiangyi Guoguan Port Investment Development Co., Ltd [1] - A consortium led by the company and Changjiang Wuhan Navigation Engineering Bureau, along with Anhui Beixin Construction Engineering Co., Ltd and Hebei Zhedian Construction Engineering Co., Ltd, has been selected as the winning bidder for the first section of the project [1] - The total bid amount for the two contract sections of the project is 1.145 billion yuan [1]

Core Viewpoint - The company, Beixin Road and Bridge (002307.SZ), has recently received a bid notification confirming its successful bid for two segments of the Wanjing Bulk Sand and Gravel Distribution (Road and Rail) Hub Project, indicating a significant business opportunity for the company [1] Group 1: Project Details - The company, along with its partners, has been awarded the first segment of the project with a bid amount of RMB 223.1 million (approximately $32.4 million) [1] - For the second segment, the company and its partner have secured a bid amount of RMB 921.5 million (approximately $133.5 million) [1] - The total bid amount for both segments of the project is RMB 1.1446 billion (approximately $166 million) [1]

Group 1 - The company has received a bid notification from Anhui Jiangyi Guoguan Port Investment Development Co., Ltd. for the construction of the Wanjing Bulk Sand and Stone Distribution (Road and Rail) Hub Terminal Project [1] - The company, in a joint venture with Changjiang Wuhan Navigation Engineering Bureau and other firms, has been awarded the first section of the project with a bid amount of 223 million yuan [1] - The company, along with Changjiang Wuhan Navigation Engineering Bureau, has also secured the second section of the project with a bid amount of 921 million yuan [1]

一、业主方及项目基本情况 （一）业主名称：安徽江一国冠港口投资发展有限公司 本公司及子公司安徽北新与安徽江一国冠港口投资发展有限公司不存在关 联关系。 （二）项目工期：一标段 270 日历天，二标段 1080 日历天。 （三）项目概况： 该项目一标段：建设 3 个 20000 吨级（水工结构兼顾 30000 吨级）通用散货 泊位，使用港口岸线长度 590m，设计年吞吐能力为 1022.3 万吨。码头平台布置 3 个 20000 吨级（水工结构兼顾 30000 吨级）通用散货泊位，平台布置配电房、 转运楼，平台后方上下游布置两座引桥与后方连接等。 证券代码：002307 证券简称：北新路桥 公告编号：2026－10 新疆北新路桥集团股份有限公司 工程中标公告 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。 新疆北新路桥集团股份有限公司（以下简称"公司""本公司"）近日收到安徽 江一国冠港口投资发展有限公司《中标通知书》。根据《中标通知书》，长江武 汉航道工程局（牵头人）、本公司子公司安徽北新建设工程有限公司（以下简称 "安徽北新"）、河北哲典建筑工程有限公司组成 ...