Chang Jiang Shang Bao·2025-07-02 03:51Group 1 - China Railway Construction Corporation (CRCC) has recently won significant contracts for the Kyrgyz Republic section of the China-Kyrgyzstan-Uzbekistan railway project, with a total contract value of approximately 3.781 billion yuan [1] - In April, CRCC had already secured an initial contract for the Kyrgyz Republic section worth 2.587 billion yuan, indicating a strong presence in the region [1] - The recent contract wins are part of CRCC's efforts to implement the "Belt and Road" initiative and enhance its overseas operations [1] Group 2 - CRCC's overseas business has been growing rapidly, with revenue expected to increase from 38.7 billion yuan in 2020 to 65.9 billion yuan by 2024, representing a growth rate of over 70% [2] - In 2024, CRCC's total new contract value reached 3.04 trillion yuan, achieving 101.2% of its annual target, despite a year-on-year decline of 7.8% [2] - The overseas new contract value was 311.9779 billion yuan, accounting for 10.27% of the total, with a year-on-year growth of 23.39% [2] Group 3 - CRCC is currently in an adjustment period due to a contraction in traditional infrastructure and a sluggish real estate market, with a 6.61% year-on-year decline in revenue for Q1 2025 [3] - The net profit attributable to shareholders for Q1 2025 was 5.151 billion yuan, down 14.51% year-on-year [3] - Despite these challenges, CRCC's total assets reached 1.91 trillion yuan by the end of Q1 2025, reflecting an approximate year-on-year growth of 11.7% [3]