中材国际新签合同逾712亿增12% 境外占63%向“生态构建者”转变

Core Viewpoint - The company is accelerating its internationalization strategy to mitigate the downward pressure in the domestic cement industry, achieving significant growth in overseas contracts while facing challenges in the domestic market [2][7]. Group 1: Contract Performance - In Q4 2025, the company signed new contracts worth 11.353 billion yuan, a year-on-year increase of 7%, with total new contracts for the year reaching 71.235 billion yuan, up 12% year-on-year [2][3]. - The new contracts in 2025 were divided into domestic and international, with domestic contracts amounting to 26.211 billion yuan (down 4%) and international contracts at 45.024 billion yuan (up 24%), with international contracts accounting for approximately 63% of the total [3][4]. - The company’s new contracts in engineering technology services, high-end equipment manufacturing, and production operation services for 2025 were 42.710 billion yuan, 9.304 billion yuan, and 17.011 billion yuan, reflecting year-on-year growth of 15%, 30%, and a decline of 2% respectively [3]. Group 2: Financial Performance - Since 2021, the company has achieved continuous growth in operating revenue, net profit attributable to shareholders, and net profit excluding non-recurring items for four consecutive years [5]. - In 2024, the company reported operating revenue of 46.127 billion yuan, a year-on-year increase of 0.72%, and a net profit of 2.983 billion yuan, up 2.31% [5]. - For the first three quarters of 2025, the company achieved operating revenue of 32.998 billion yuan, a year-on-year increase of 3.99%, and a net profit of 2.074 billion yuan, up 0.68% [5]. Group 3: Internationalization and Market Position - The company has established a presence in 91 countries and regions, managing 364 production lines, maintaining the world's largest market share in cement engineering services for 17 consecutive years [2][8]. - The company ranked 38th in the ENR "Top 250 International Contractors" list for 2025, improving by 5 positions year-on-year and ranking 10th among Chinese enterprises [8]. - The company aims to transform from a "global market participant" to a "builder of the global cement industry ecosystem," focusing on creating greater value for shareholders, customers, and society [3][8].