CGE(SZ:002542) Xin Lang Cai Jing·2026-01-30 08:00Core Viewpoint - The company reported new engineering service contracts signed in Q4 2025, totaling 22 contracts worth 58.89 million yuan, with a cumulative uncompleted order value of 694 million yuan as of the end of the period [1] Group 1: New Orders and Contracts - In Q4 2025, the company secured 22 new engineering service contracts valued at 58.89 million yuan [1] - As of the end of the reporting period, there are 199 uncompleted orders with a total value of 694 million yuan [1] - There are 3 additional contracts that have been bid but not yet signed, amounting to 8.2983 million yuan [1] Group 2: Major Projects and Revenue - No major projects were awarded in the reported quarter [1] - The signed contract for the Wenzhou Economic and Technological Development Zone's municipal infrastructure project (Phase II) has a contract value of 1.151 billion yuan [1] - By the end of December 2025, the company has recognized revenue of 923 million yuan and received payments of 850 million yuan for this project [1] Group 3: Project Progress and Risks - The construction progress of the project has been below expectations due to factors such as soft foundation treatment and extreme weather [1] - However, there are no significant risks associated with settlement and payment collection [1]