中交设计：控股股东再度增持，频次加快，金额加码看好长期价值

Group 1 - The core viewpoint of the news is that China Communications Design (中交设计) is expected to see significant growth potential and investment value, as evidenced by the planned share buyback by its controlling shareholder, China Communications Construction Company (中国交建) [1] - The controlling shareholder's plan to increase its stake in the company by 150 million to 300 million RMB within the next twelve months reflects strong confidence in the company's future growth and long-term strategy [1] - The previous buyback, completed on March 20, involved the purchase of 22.64 million shares, representing 0.99% of the total share capital, with a total expenditure of approximately 197 million RMB [1] Group 2 - China Communications Design has made significant progress in optimizing its business structure and improving profit margins, achieving a gross profit margin increase of 2.55 percentage points and a weighted average return on equity of 12.63% in 2024 [2] - The company has successfully divested its heavy asset construction business, leading to a more lightweight operational model, while its design consulting business remains a leader in the industry [2] - The overseas contract value increased by 81.6% in 2024, with the company actively participating in projects in countries along the "Belt and Road" initiative, indicating strong future revenue growth potential [2] Group 3 - In emerging business areas, the company is exploring new applications in AI and low-altitude economy, with successful implementations of technologies such as health monitoring systems for mountainous roads and smart highway services [3] - The establishment of a low-altitude economy innovation center and involvement in various planning projects position the company well for future low-altitude infrastructure orders [3] - The controlling shareholder's continuous increase in stake during market fluctuations reflects confidence in the company's core competitiveness and global strategy [3] Group 4 - The company is expected to maintain its leading position in the design consulting industry, driven by the acceleration of the "Belt and Road" initiative, domestic demand policies, and the deepening of digital infrastructure trends [4] - The solid industrial foundation and technological innovation advantages are anticipated to support the company's market value recovery and long-term value release [4]