Zheng Quan Ri Bao·2026-01-06 12:42Group 1 - The core viewpoint is that China Communications Construction Company (CCCC) anticipates overall growth in operating performance during the 14th Five-Year Plan period, despite fluctuations in the past two years due to industry environment impacts [2] - The company plans to strategically manage its operations during the 15th Five-Year Plan period to continuously enhance operational quality and development standards [2] - The construction industry faces cash flow pressures due to large accounts receivable, with the average dividend payout ratio for state-owned construction enterprises at 19% and an average dividend yield of 3.05% [2] Group 2 - CCCC has implemented a two-year dividend increase plan, resulting in both cash dividend rate and dividend yield exceeding the industry average [2] - The company intends to adjust its dividend ratio in a timely and appropriate manner based on operational realities and its dividend plan [2]