中证报中证网讯(王珞)8月19日晚间，五新隧装回复北交所问询函表示，公司重大资产重组项目将助力 公司构建覆盖交通基建、能源基建、矿山开采、港口物流四大领域的多元化体系，驱动上市公司实现高 质量可持续发展。 根据此前公告，五新隧装拟通过发行股份及支付现金方式购买湖南中铁五新重工有限公司(简称"五新重 工")、怀化市兴中科技股份有限公司(简称"兴中科技")各100%股权，并募集配套资金。 构建多元化体系 根据回复函，五新隧装深耕隧道施工与矿山开采智能装备领域，通过持续的技术创新和应用场景拓展， 增强公司持续竞争力和行业地位。通过本次重大资产重组，基于重工装备的系统制造能力和应用场景的 关联性，上市公司将以"立足交通基建、发展能源基建、开拓矿山和港口、以智能化和国际化引领发 展"为发展战略。 其中，在交通基建领域，深耕铁路公路桥梁隧道交通基建装备，加大在跨江跨海桥梁、长大隧道等国家 级项目的技术创新，成为交通基建领域重难点工程一站式供应商。 在能源基建领域，大力发展水利水电工程、抽水蓄能电站、空气储能电站、石油天然气储备工程等能源 基建装备，打造水电开发、绿电储能等工程成套装备，致力于成为能源基建领域工程装备及一体 ...

Core Viewpoint - Longyuan Construction has shown signs of recovery despite the overall downturn in the real estate industry, with a significant reduction in losses and a positive profit in the first quarter of 2025, indicating a potential turnaround [1][6]. External Drivers - The company has enhanced its financing capabilities through strategic cooperation with Hangzhou Transportation Investment Group, which has become the controlling shareholder, providing low-cost financing and stable project resources [2][3]. - The successful acquisition of multiple projects in Hangzhou and the acceleration of local government debt issuance are expected to improve asset quality and provide a safety net for future profit releases [3]. Internal Drivers - Longyuan Construction has adjusted its business structure, increasing its focus on municipal public construction projects, resulting in a 17.82% year-on-year revenue growth in the infrastructure segment [4]. - The green building sector is emerging as a significant growth area, with the company developing BIPV technology and achieving revenue growth of 8.28% in this segment [5]. Conclusion - The dual approach of external empowerment through state-owned capital and internal transformation has allowed Longyuan Construction to navigate the challenges of the real estate downturn, positioning itself for future growth in high-value infrastructure and green technology [6].