新疆70周年庆祝大会召开，关注区域投资弹性：——申万宏源建筑周报（20250922-20250926）-20250928

Investment Rating - The report indicates a neutral investment rating for the construction and decoration industry, suggesting it will perform in line with the overall market [18]. Core Insights - The construction industry experienced a weekly decline of 1.51%, underperforming compared to major indices such as the Shanghai Composite Index (+0.21%) and the CSI 300 (+1.07%) [2][5]. - The best-performing sub-industries for the week were professional engineering (+1.06%), infrastructure private enterprises (+0.91%), and design consulting (+0.41%) [3][6]. - Year-to-date, the top three sub-industries in terms of growth were infrastructure private enterprises (+57.85%), ecological landscaping (+32.82%), and professional engineering (+31.39%) [3][6]. Industry Overview - Recent significant events include the 70th anniversary celebration of the Xinjiang Uyghur Autonomous Region, attended by Xi Jinping, and the successful convening of the Digital Construction Application and Development Conference by the Ministry of Housing and Urban-Rural Development [7][9]. - The report highlights the ongoing push for digital construction initiatives, aiming for significant advancements in this area [7][9]. Key Company Developments - Mongolian Grass Ecology won a contract for the integrated protection and restoration project in Inner Mongolia, valued at 225 million yuan, representing 10.43% of its 2024 revenue [9][10]. - Guangdong Construction secured a contract for the financial city reconstruction project, amounting to 1.924 billion yuan, which is 2.82% of its projected 2024 revenue [9][10]. - China Railway won 11 projects totaling 50.215 billion yuan, accounting for 4.34% of its 2024 revenue [10].