SCG(SH:600170) Sou Hu Cai Jing·2025-07-05 19:18Summary of Key Points Core Viewpoint - Shanghai Construction Group has received a total of government subsidies amounting to 548 million yuan, which significantly impacts its financial performance for the first half of 2025 [1][3]. Company Announcements - Shanghai Construction Group reported that from January 1 to June 30, 2025, it received various government subsidies totaling 548 million yuan, with 548 million yuan related to revenue, accounting for 22.79% of the company's most recent audited net profit. Approximately 494 million yuan of this amount will be recognized in the current profit and loss statement [1][3]. - The company announced the resignation of Vice President Zhou Jun due to retirement at the age limit, effective July 1, 2025. His departure is not expected to affect the company's normal operations [2][3].