POWERCHINA Ltd(SH:601669) Zheng Quan Zhi Xing·2025-06-20 08:28Group 1: Core Insights - China Power Construction Corporation reported a total new contract amount of 474 billion RMB from January to May 2025, reflecting a slight decrease of 0.93% year-on-year [1][2] - The company signed 2,408 new projects in the energy and power sector, with a total contract value of 301.25 billion RMB, which is an increase of 4.44% compared to the previous year [1] - Hydropower contracts saw a significant increase of 60.66%, totaling 65.39 billion RMB, while solar power contracts decreased by 32.61%, amounting to 85.48 billion RMB [1] Group 2: Business Type Statistics - The energy and power sector includes various segments: wind power contracts increased by 67.33% to 101.80 billion RMB, while thermal power contracts decreased by 62.28% to 14.70 billion RMB [1] - New energy storage projects accounted for 10.75 billion RMB, with no comparative data available [1] - Water resources and environmental contracts totaled 60.80 billion RMB, showing a decline of 17.06% year-on-year [1] Group 3: Regional Distribution - Domestic contracts amounted to 377.61 billion RMB, reflecting a decrease of 6.67%, while overseas contracts increased by 30.51% to 96.40 billion RMB [2] - The overall contract amount from both domestic and international sources totaled 474 billion RMB, with a slight decline of 0.93% [2] Group 4: Major Contract Highlights - Significant contracts include a 300 MW wind power project in the Middle Green Electric Thirteen Rooms, valued at 30 billion RMB, and various other wind and hydropower projects across different regions [3] - The company also secured contracts for a high-performance coal-fired power plant and several solar power projects, indicating a diverse portfolio in renewable and traditional energy sectors [3]