ycec(SH:600248) Zhong Guo Zheng Quan Bao·2026-02-23 20:18Core Viewpoint - In early 2026, Shaanxi Construction Group (陕建股份) demonstrates a steady start in its operations, achieving nearly 5 billion yuan in new contracts in January, while optimizing its business structure and market layout, particularly in green infrastructure projects like water conservancy and wind power [1][2]. Group 1: New Contract Growth - In January 2026, Shaanxi Construction Group announced that it secured four construction projects worth over 500 million yuan, totaling 4.834 billion yuan [1]. - The company’s Dubai branch won a contract for a residential project worth 2.643 billion yuan, while another subsidiary secured a contract worth 1.026 billion yuan in Shaanxi Province [1]. - The proportion of projects outside the province and overseas has increased from less than 30% to over 30% [1]. Group 2: Structural Transformation - The new contracts include a significant shift towards green low-carbon projects, such as water conservancy and wind power, reflecting the company's strategic pivot to incorporate new productive forces into its assessment system [2]. - The establishment of a specialized building inspection center in Xi'an marks a transition from being merely a contractor to becoming a city service provider, addressing the long-standing need for professional building inspections [2][3]. Group 3: Urban Renewal Focus - The building inspection center aims to create a digital safety monitoring system for existing buildings in Xi'an, enhancing the company's service chain in urban construction and facilitating entry into new markets like urban governance and smart operations [3]. - A pilot project integrating "photovoltaic + construction" in Guangdong has commenced operations, showcasing the company's innovative approach to energy integration and project delivery across different regions [4]. Group 4: Social Welfare Projects - The urban village renovation project in Xi'an has entered the delivery phase, providing 3,341 quality housing units to returning villagers, with a total construction area of nearly 490,000 square meters [5]. - The project emphasizes high standards in location, design, and quality, and has received positive feedback from residents regarding housing quality and community amenities [5]. Group 5: Systematic Transformation - Shaanxi Construction Group is undergoing a systematic transformation from traditional construction to diversified services, focusing on value-driven growth and urban-centric thinking [6].