CAMCE(SZ:002051) Zheng Quan Shi Bao Wang·2025-10-10 09:30Core Insights - The company has successfully implemented its strategic initiatives during the "14th Five-Year Plan" period, focusing on transformation, integration, and high-quality development, establishing a solid "one body, two wings" business structure [1] - The company aims to become a technology-driven professional engineering firm during the "15th Five-Year Plan," emphasizing "one enhancement, two services, and three transformations" to deepen high-quality development [1] Financial Performance - In the first half of the year, the international engineering contracting business showed strong performance, with effective contract amounts reaching $973 million, a significant year-on-year increase of 36.66%, accounting for 84.31% of the total for 2024 [1] - The cumulative new international engineering contract amount was $1.126 billion, with a backlog of contracts amounting to $9.545 billion, providing a solid foundation for future performance with 39 ongoing projects [1] Business Development - The company's "investment, construction, and operation" projects in environmental protection, cableways, and clean energy are being successfully implemented, enriching profit models and providing strong support for stable and sustainable cash flow [1] - The company is expected to enhance its core competitiveness across the entire engineering industry chain, focusing on industrialization, upgrading the value chain to high-end, and transforming competitive advantages into "technological innovation + high-end equipment manufacturing + international operations" [2]