ycec(SH:600248) Jing Ji Guan Cha Wang·2026-02-14 05:58Core Viewpoint - Shan Jian Co., Ltd. (600248) has recent updates regarding major project bids, restructuring progress, earnings forecasts, and expansion into emerging businesses [1] Group 1: Contract Progress - In January 2026, the company and its subsidiaries won four construction projects, each exceeding 500 million yuan, with a total value of 4.834 billion yuan, including a residential project in Dubai and community construction in Xixian New Area, involving both domestic and international markets. These projects have been disclosed through announcements, but specific implementation remains uncertain [2] Group 2: Restructuring Progress - Yan Chang Hua Jian plans to absorb and merge Shan Jian Co., Ltd. through a share swap, with a preliminary issuance price set at 3.84 yuan per share. The audit and evaluation work is not yet complete, and further attention is needed on the transaction's progress [3] Group 3: Earnings Performance - In January 2026, the company released its earnings forecast for 2025, expecting a net profit attributable to shareholders of the parent company to be between 156 million yuan and 234 million yuan, representing a significant decline year-on-year, primarily due to credit impairment losses and a decrease in operating revenue. Final figures will be confirmed in the audited annual report [4] Group 4: Business Development - The company continues to expand in the renewable energy sector, undertaking wind power, photovoltaic, and energy storage projects, including the Weinan Taian Da Linwei District wind power project, reflecting a direction of business diversification [5]