Shang Hai Zheng Quan Bao·2025-10-21 18:18Group 1 - The core viewpoint of the articles highlights the significant increase in new contracts signed by major state-owned construction companies in China, particularly in the "new infrastructure" sector, which includes digital projects, intelligent computing centers, and renewable energy projects [1][2][3] - China Electric Power Construction (China Electric) reported a total of 904.53 billion yuan in new contracts signed from January to September, marking a year-on-year increase of 5.04%, with overseas contracts reaching 213.75 billion yuan, up 21.45% [1][2] - China Electric's strategic emerging industries, such as new energy storage and digital business, have driven contract growth, with 407 pumped storage projects signed, totaling 65.39 billion yuan, a 15.26% increase [1] - China State Construction Engineering Corporation (China State) signed new contracts totaling 3.2936 trillion yuan from January to September, reflecting a year-on-year growth of 1.4%, with infrastructure contracts increasing by 3.9% [3] Group 2 - China Electric's international strategy has shown significant results, with overseas contracts accounting for 23.63% of total contracts, including a notable project in Saudi Arabia worth approximately 11.72 billion yuan [2] - China Metallurgical Group Corporation (China Metallurgical) also reported a double-digit growth in overseas contracts, totaling 669 billion yuan, a 10.1% increase year-on-year [2] - China Energy Engineering Corporation (China Energy) signed three renewable energy engineering contracts in Saudi Arabia, with a total contract value of approximately 19.55 billion yuan [3]