POWERCHINA Ltd(SH:601669) Qi Lu Wan Bao·2025-08-01 02:24Group 1 - The core issue is that China Electric Power Construction Group's subsidiary, China Electric Power Construction Railway Investment Group Co., Ltd., has been placed under a red warning by the Shenzhen Housing and Construction Bureau due to significant safety hazards at construction sites that were not rectified on time [1][3] - The warning is effective from July 30, 2025, to September 29, 2025, indicating a serious compliance issue within the construction industry [3] - The company operates under the umbrella of a Fortune Global 500 enterprise and is involved in various infrastructure projects both domestically and internationally, with a total contract amount of approximately 470 billion yuan [5] Group 2 - China Electric Power Construction Railway Investment Group Co., Ltd. was established in 2011 with a registered capital of 600 million yuan and is wholly owned by China Electric Power Construction Group [7] - The company has a total asset value of 30.383 billion yuan as of the end of 2024 and employs nearly 900 people across 42 subordinate units [5]