Core Viewpoint - Ningbo Construction (sh601789) reached its daily limit of 6.07 yuan, with a rise of 9.96%, and a total market capitalization of 6.597 billion yuan, driven by significant asset restructuring, project wins, and strong business undertakings [1] Group 1: Company Developments - The company acquired 100% equity of Ningbo Jiaogong, which allows for the integration of construction, municipal, and highway engineering businesses, addressing industry competition and enhancing operational synergy [1] - Recently, the subsidiary won multiple projects exceeding 1 billion yuan, including a 1.564 billion yuan EPC general contracting project, showcasing strong business undertaking capabilities [1] - In the first half of 2025, the company signed new contracts worth 12.286 billion yuan, representing a year-on-year increase of 23.37%, providing support for performance growth [1] Group 2: Industry Context - The current infrastructure sector is a key focus for national economic stabilization, with significant policy support for infrastructure construction [1] - On September 25, 2025, multiple stocks in the construction and decoration sector showed active performance, creating a sector-wide synergy, benefiting Ningbo Construction as a player in the construction industry [1] Group 3: Market Dynamics - According to Tonghuashun fund monitoring, there was a significant net purchase of Ningbo Construction shares by large investors on September 25, indicating notable inflow of main funds [1] - The technical indicators for the stock, specifically the MACD, formed a golden cross recently, suggesting an increase in short-term bullish momentum, contributing to the stock's limit-up performance [1]