Group 1 - The core point of the article is that Ningbo Construction (601789.SH) reported significant growth in new contracts signed in the third quarter of 2025, with a total of 429 contracts amounting to approximately RMB 76.19 billion, representing an increase of 80.84% compared to the same period last year [1] - As of September 2025, the company and its subsidiaries have signed a total of 1,143 new contracts for the year, with a cumulative contract value of approximately RMB 177.73 billion, reflecting a year-on-year growth of 31.61% [1]

Core Insights - The company announced that from January to September 2025, it signed a total of 533 new contracts with a cumulative contract value of 17.98 billion yuan, representing a year-on-year growth of 4.8% [1] - In the period from July to September 2025, the company signed 173 new contracts with a cumulative contract value of 5.47 billion yuan, showing a year-on-year increase of 11.2% [1] Summary by Categories - **Contract Performance** - Total new contracts signed from January to September 2025: 533 [1] - Cumulative contract value for the same period: 17.98 billion yuan [1] - Year-on-year growth in contract value: 4.8% [1] - **Quarterly Performance** - New contracts signed from July to September 2025: 173 [1] - Cumulative contract value for this quarter: 5.47 billion yuan [1] - Year-on-year growth in quarterly contract value: 11.2% [1]