Group 1 - The company announced a share repurchase plan, with a total amount not less than RMB 5 billion and not exceeding RMB 10 billion, at a maximum price of RMB 13.58 per share [1] - The repurchase will be conducted through centralized bidding and the shares repurchased will be canceled, reducing the company's registered capital [1] - The repurchase period is set for 12 months from the date of the shareholders' meeting that approved the plan [1] Group 2 - As of September 18, 2025, the company has repurchased 5,000,000 shares, accounting for 0.0307% of the total share capital [2] - The highest transaction price was RMB 8.98 per share, and the lowest was RMB 8.81 per share, with a total payment of RMB 44,383,554.91 (excluding transaction fees) [2] - The repurchase is in compliance with relevant laws and regulations as well as the company's repurchase plan [2] Group 3 - The company will make repurchase decisions based on market conditions and will fulfill information disclosure obligations in a timely manner [3]

Core Points - Zhejiang Jiaokao announced on September 18 that its subsidiaries have been selected as the first candidates for several segments of the G2531 Hangzhou to Shangrao Expressway project [2] Group 1 - The company disclosed a notice regarding the bidding project on September 2, 2025, through various financial news platforms [2] - Subsidiaries involved include Zhejiang Jiaokong Group Co., Ltd., Zhejiang Jiaokong Jinzhu Transportation Construction Co., Ltd., Zhejiang Jiaokong Road and Bridge Construction Co., Ltd., and Zhejiang Jiaokong Hongtu Transportation Construction Co., Ltd. [2] - The company has received the bid notification for the aforementioned project segments [2]

Core Viewpoint - China Communications Construction Company (01800) announced its first share buyback through centralized bidding on September 18, 2025, repurchasing 5 million shares, which represents 0.0307% of the company's total share capital [1] Summary by Relevant Sections - **Share Buyback Details** - The company repurchased 5 million shares at a maximum price of RMB 8.98 per share and a minimum price of RMB 8.81 per share [1] - The total amount paid for the buyback was RMB 44.3836 million, excluding transaction fees [1]

Core Viewpoint - China Communications Construction Company (CCCC) announced its first share buyback on September 18, 2025, through centralized bidding, repurchasing 5 million shares, which represents 0.0307% of the company's total share capital [1] Summary by Relevant Categories Share Buyback Details - The company repurchased 5 million shares at a maximum price of RMB 8.98 per share and a minimum price of RMB 8.81 per share [1] - The total amount paid for the repurchased shares was RMB 44.3836 million, excluding transaction fees [1]

Core Viewpoint - China Communications Construction Company (01800.HK) announced its first share buyback of A-shares through centralized bidding, indicating a strategic move to enhance shareholder value and confidence in the company's stock performance [1] Group 1: Buyback Details - The company repurchased 5 million shares, which represents 0.0307% of its total share capital [1] - The highest transaction price was RMB 8.98 per share, while the lowest was RMB 8.81 per share [1] - The total amount paid for the buyback was RMB 44,383,554.91, excluding transaction fees [1] Group 2: Compliance and Regulations - The share buyback complies with legal regulations and the company's buyback plan requirements [1]

Core Insights - Jiangsu Province is accelerating the construction of water, land, and air infrastructure, showcasing significant "super projects" that reflect the speed of development in the region [1] Infrastructure Development - The Changtai Yangtze River Bridge, which began construction in 2019, is expected to be completed by 2025, significantly reducing travel time between Taizhou and Changzhou [1] - The Zhangjingao Yangtze River Bridge and the Haitai Yangtze River Tunnel, the latter being the world's longest underwater shield tunnel for road traffic, are also under construction [1] - Jiangsu has completed 20 cross-river passages, with multiple projects in progress, facilitating convenient travel for residents along the river and promoting the integration of cross-river urban clusters and the Yangtze River Delta [1] Economic Impact - These infrastructure projects are contributing to the high-quality economic development of the region [1]

Core Viewpoint - Xinjiang Communications Construction Group Co., Ltd. announced the establishment of a new holding subsidiary to leverage local resources and promote the development of regional industrial clusters [1] Group 1: Company Announcement - On September 15, 2025, Xinjiang Communications Construction Group held its 23rd temporary board meeting, approving the proposal to invest in a holding subsidiary [1] - The company plans to invest 20.4 million RMB, holding a 51% stake in the new subsidiary, Xinjiang Communications (Kashgar) Development Co., Ltd., which will have a registered capital of 40 million RMB [1] - The new subsidiary will be included in the company's consolidated financial statements upon establishment [1] Group 2: Financial Performance - For the first half of 2025, Xinjiang Communications' revenue composition was as follows: construction accounted for 97.29%, trade 1.69%, surveying and design/testing 0.52%, and leasing/transportation 0.5% [1] - The current market capitalization of Xinjiang Communications is 12 billion RMB [1]

Core Insights - The eighth "Gansu Qilian Mountain Forum" highlighted the acceleration of digital and real integration in Gansu's industries, focusing on technological innovation and intelligent upgrades as core drivers for high-quality development [1] Group 1: Digital and Intelligent Integration - Gansu's industries are increasingly adopting digitalization and intelligence as key drivers for high-quality development, with companies actively promoting digital and real integration to enhance new productive forces [2] - Lanzhou-based Lanshi Group reported a 90% coverage of digital design tools and a reduction of over 40% in product development cycles due to their "three transformations" project [2] - Gansu International Logistics Group is integrating "supply chain + digital + finance" services, leveraging key hubs to provide comprehensive logistics solutions [2] Group 2: Technological Innovation - Gansu Construction Investment Group is transitioning from a traditional construction company to a service-oriented one, utilizing digital platforms for enhanced operational management [3] - The establishment of a 250,000-ton integrated base by Sichuan Jinhui Energy New Materials Group in Zhangye is driven by Gansu's rich renewable energy resources [4] - Gansu Pharmaceutical Group maintains a research and development investment intensity of over 3% for the past three years, focusing on traditional Chinese medicine and new drug development [5] Group 3: Research and Development Initiatives - The establishment of the largest core open-source mirror station in Northwest China at Lanzhou University aims to attract key enterprises to Gansu [5] - Gansu Energy and Chemical Group has achieved significant technological breakthroughs, including 19 provincial-level research achievements and the completion of over 260 transformation projects [6] - Gansu Electric Group has invested 795 million yuan in R&D and 647 million yuan in transformation projects over the past five years, establishing multiple smart manufacturing facilities [6]

"以前过桥时，两车都得在桥头两侧互让，现在拓宽双向两车道后，宽敞多了！"文旦村村民罗锡昌 看着修建一新的文赞二桥介绍，该桥是衔接周边几个村庄通往县城的主要通道，此前，由于桥梁投用年 限较久，桥墩、桥面等破损严重，存在不小的安全隐患。今年以来，屯昌组织专业技术团队开展勘查评 估，决定拆除旧桥，整合资源重建新桥。 经过大约3个月的加速施工，自9月初以来，长达10多米的文赞二桥已具备通车功能。屯昌县交通运 输局有关负责人介绍，近年来，屯昌加速构建全域交通路网，推进农村交通基础设施升级，尤其是今年 以来，多方合力推动育新路、文赞二桥等路网改造项目实现通车。此外，迈湾水利枢纽工程配套路网机 耕路施工进展顺利，三湾桥改造即将完成预制梁生产等，全县乡村交通保障网得到不断织密。 按照安排，屯昌今年还计划开工改造76个路网损毁点以及9个灾毁点的修复项目，并加强危桥的排 查及改造力度，保障群众的出行通畅及出行安全，把这项民生工程办好、办实。 多个城乡干道改造项目提速 海南日报讯（海南日报全媒体记者 曾毓慧 见习记者 祁夏）9月10日，在屯昌县文赞生态湿地公园 通往文旦村路段，文赞二桥改造工程项目已进入收尾阶段，多名工人已完成两侧 ...

Core Viewpoint - The meeting between Guangzhou's municipal leadership and China Communications Construction Group (CCCC) aims to deepen practical cooperation and explore new opportunities for high-quality development in Guangzhou [2][3] Group 1: Strategic Cooperation - Guangzhou is focusing on enhancing its urban functions and core capabilities, aligning with the mission set by the central government, and leveraging its role in the Guangdong-Hong Kong-Macao Greater Bay Area [2] - The city is accelerating the construction of a modern industrial system and promoting urban renewal and village reconstruction to enhance its comprehensive urban functions [2] - There is an emphasis on strengthening collaboration in key areas such as transportation hub construction, advanced manufacturing, urban development, and ecological protection [2] Group 2: CCCC's Commitment - CCCC expresses gratitude for the support received from Guangzhou and highlights the fruitful outcomes of their past cooperation [3] - The group plans to align closely with Guangzhou's urban development strategy and industrial planning, leveraging its integrated advantages across various sectors [3] - CCCC aims to participate extensively in key projects related to transportation infrastructure, marine economy, urban renewal, environmental protection, and smart city development to contribute to Guangzhou's high-quality growth [3]