Group 1: Company Performance in 2025 - The company achieved an operating revenue of 11.409 billion CNY and a total profit of 501 million CNY, marking significant growth compared to the beginning of the "14th Five-Year Plan" [3] - The asset-liability ratio is favorable, remaining below the industry average [3] - The net cash flow from operating activities increased by 207.13% year-on-year [3] - The total new contracts signed in 2025 amounted to 3.532 billion USD, a year-on-year increase of 4.19% [3] - The new contracts for international engineering amounted to 2.106 billion USD, with effective contracts reaching 1.880 billion USD, a year-on-year growth of 62.91% [3] Group 2: Data Center Achievements and Technical Advantages - The company has developed a comprehensive design system for intelligent computing centers, covering the entire lifecycle of data centers [4] - Key projects include the National Supercomputing Shenzhen Center (Phase II) and the Pengcheng Cloud Brain Network, contributing to the digital transformation of the financial sector [4] - The company aims to leverage its technical advantages in data centers to explore overseas business opportunities [4] Group 3: Future Development Directions and Goals - The company plans to maintain strategic focus and deepen participation in the "Belt and Road" initiative, enhancing international operational advantages [6] - It aims to strengthen its capabilities in international standard design and overseas engineering consulting [6] - The company will continue to develop stable revenue-generating assets in regions with favorable political and economic conditions [6] - Emphasis will be placed on technological innovation to transform into a technology-driven engineering company [6] Group 4: Core Advantages in Overseas Market Expansion - The company has established over 70 overseas offices and completed numerous large-scale turnkey projects across more than 100 countries [7] - It focuses on high-standard, sustainable projects that can stimulate local economies and create jobs [7] - The company has a diversified financing model and a stable cash flow, which supports project implementation [7] - It leverages strong technical and brand advantages in various sectors, including healthcare, digital infrastructure, and energy [8] Group 5: Progress in Market Value Management - The company prioritizes improving operational quality as the foundation of its market value management [9] - It maintains a high dividend payout policy, committing to a cash dividend of no less than 40% of distributable profits [9] - The company has conducted regular share buybacks, repurchasing approximately 3.2 million shares by January 31, 2026 [9] - The market value management efforts have resulted in a significant increase in the company's price-to-book ratio compared to the industry average [9]

截至2026年2月4日收盘，棕榈股份（002431）报收于2.68元，较前一交易日上涨2.29%，最新总市值为 48.3亿元。该股当日开盘2.63元，最高2.68元，最低2.61元，成交额达8975.06万元，换手率为1.88%。 近日，棕榈生态城镇发展股份有限公司下属全资子公司河南棕榈水利建设发展有限公司与河南颜朵建筑 工程有限公司组成的联合体，中标商丘市睢阳区2025年高标准农田建设项目。项目总投资约22,889万 元，建设任务9.09万亩，其中新建3.09万亩、改造提升6万亩。中标价格为施工总承包按财政评审后结算 价的99.86%，设计费2,236,000元，河南棕建作为联合体牵头人，涉及金额预计约2.28亿元。工期360日 历天，资金来源为超长期特别国债和财政资金。 最新公告列表 《关于中标商丘市睢阳区2025年高标准农田建设项目的公告》 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 ...

证券日报网讯 2月4日，棕榈股份发布公告称，公司下属全资子公司河南棕榈水利建设发展有限公司与 河南颜朵建筑工程有限公司组成的联合体被确认为商丘市睢阳区2025年高标准农田建设项目的中标单 位。项目总投资约22，889万元，中标价格为施工总承包经财政部门最终评审后施工结算价的99.86%， 设计费用为2，236，000元。河南棕建作为联合体牵头人，涉及中标的金额预计约2.28亿元，占公司 2024年度经审计营业收入的7.44%。签订正式合同且顺利实施后，预计对公司2026年度及未来年度的经 营业绩产生积极影响。 （文章来源：证券日报） ...

农田建设任务9.09万亩，其中新建高标准农田3.09万亩、改造提升6万亩。主要建设内容为田块整治、灌 溉排水、田间道路、土壤改良、农田输配电、农田防护与生态环境保护等工程。 智通财经APP讯，棕榈股份(002431.SZ)公告，公司近日收到"商丘市睢阳区农业农村局商丘市睢阳区 2025年高标准农田建设项目"的《中标通知书》，公司下属全资子公司河南棕榈水利建设发展有限公司 (简称"河南棕建")与河南颜朵建筑工程有限公司组成的联合体被确认为该项目的中标单位，项目总投资 约2.29亿元。 ...

Group 1 - The company Hongrun Construction announced the convening of its 11th sixth board meeting on February 4, 2026, at the Shanghai Hongrun Building [1] - The meeting reviewed the proposal regarding the extension of the 2022 employee stock ownership plan [1]

·市场监管总局提示：切勿在无证摊点等非正规渠道购买烟花爆竹。 央视网消息：每天8点，央视网为您梳理24小时内发生在咱们身边的大小事儿。 ·我国湿地面积居亚洲第一、世界第四。 ·市场监管总局：2025年累计帮扶中小企业超12万家。 ·九部门：鼓励各地增加春节期间消费品以旧换新补贴数量。 ·春运首日铁路预计发送旅客1200万人次。 ·近期国内外贵金属价格波动剧烈，市场不确定性显著增强。日前，国有六大行多次发布公告调整黄金相关业务，并提示交易风险。（详情→） ·2025年全国法院一审审结毒品案件23732件，较高峰时下降82.93%。 ·受贿1.37亿余元，江西省政协原党组书记唐一军一审被判无期。 ·泽连斯基：乌方谈判代表团定于4日在阿联酋首都阿布扎比参加第二轮乌美俄三方会谈期间，也与美方就多份协议举行乌美双边会谈。 ·特朗普：莫迪同意不买俄罗斯石油，美国将降低对印关税。 ·智利前总统巴切莱特将竞选联合国秘书长。 ·特朗普拒谈支付美国拖欠的联合国会费。 ·委内瑞拉首次出口液化石油气。 ·以色列要求无国界医生组织2月底前撤出加沙。 ·首案一审被判1年8个月，韩国前总统夫人金建希提出上诉。 ·爱泼斯坦案文件继续发酵，斯 ...

Core Viewpoint - The company has announced a profit distribution plan for the first three quarters of 2025, involving a cash dividend of 0.1 yuan per share, totaling approximately 171.65 million yuan [1][2]. Distribution Plan - The profit distribution will be based on a total share capital of 1,716,533,938 shares, with a cash dividend of 0.1 yuan per share (before tax) [1]. - The distribution will be made to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on the registration date [1]. Implementation Method - The cash dividends for unrestricted circulating shares will be distributed through the clearing system of the China Securities Depository and Clearing Corporation Limited [1]. - Shareholders who have completed designated transactions can receive their cash dividends on the distribution date at their designated securities business department [1]. Taxation Details - For individual shareholders and securities investment funds holding shares for over one year, the cash dividend of 0.1 yuan per share is exempt from individual income tax [3]. - For shares held for one year or less, no tax will be withheld at the time of distribution, but tax will be calculated upon the transfer of shares [3]. - Qualified Foreign Institutional Investors (QFIIs) will have a 10% corporate income tax withheld, resulting in a net cash dividend of 0.09 yuan per share [4]. - For Hong Kong Stock Exchange investors, a similar 10% tax will apply, also resulting in a net cash dividend of 0.09 yuan per share [4]. - Other institutional investors and corporate shareholders will be responsible for their own tax payments, receiving a cash dividend of 0.1 yuan per share [4]. Contact Information - For inquiries regarding this profit distribution, shareholders can contact the company's securities affairs department at 0551-62865300 [5].

Core Viewpoint - The company is actively ensuring the well-being of frontline workers during harsh winter conditions by providing essential winter supplies and meals, thereby supporting ongoing construction projects [1][2]. Group 1: Employee Support Initiatives - The company’s union has conducted a "Winter Warmth Delivery" activity to provide frontline workers with winter supplies such as thermal clothing, gloves, and heat packs [1]. - Daily hot meals are prepared in the company cafeteria to ensure workers have access to nutritious food after their shifts [1]. - Specific winter support is tailored to different job roles, including windproof masks for high-altitude workers and thick cotton clothing for those working outdoors [1]. Group 2: Future Plans and Commitment - The union plans to continue its role as a bridge between management and workers, focusing on practical support and problem-solving for frontline employees [2]. - There will be ongoing research and assistance activities to better understand and meet the needs of workers, expanding the benefits provided to them [2].

智通财经APP讯，重庆建工(600939.SH)发布公告，近日，公司及所属全资子公司收到项目中标通知 书。其中，滨州奇沃生态循环产业园项目工程总承包(EPC)由重庆建工第二建设有限公司(牵头人)、上 海徐汇规划建筑设计有限公司、滨州市建筑设计研究院有限公司联合体中标，中标价6.73亿元，公司所 属全资子公司重庆建工第二建设有限公司承建的工程体量约6.68亿元。临沂罗庄美华中医医院工程项目 由公司中标，中标价4.46亿元。 ...

1. Report's Investment Rating for the Industry - No information provided regarding the industry investment rating in the report. 2. Core Viewpoints of the Report - In January 2026, the manufacturing PMI declined more than seasonally with supply - demand converging and enterprise - scale differentiation intensifying, while price indices rose. The service industry PMI slightly dropped and the construction industry's prosperity significantly declined, thus more efforts are needed to promote economic - stabilizing policies [1][10][34]. - In January, the shock of sentiment was gradually digested, and the bond market recovered after adjustment. However, there were still some constraints for a smooth short - term decline. The 10Y Treasury bond yield may return to the central part of the oscillation range in February. Two structural investment opportunities are recommended: the allocation opportunities of 5Y government - financial bonds and 3 - 5Y general - credit bonds, and the spread - compression opportunities such as 10Y CDB - 10Y Treasury bonds [4][34][35]. 3. Summary According to the Directory 3.1 1 - month PMI Data Overview - Manufacturing PMI declined by 0.8 percentage points to 49.3% in January, returning to the contraction range and being weaker than the seasonal average. The production index expansion slowed, demand was under pressure, price indices rose, and enterprises replenished inventory passively with a decline in purchasing willingness [10]. - In the non - manufacturing sector, the service industry PMI slightly decreased by 0.2 percentage points to 49.5%, and the construction industry's business activity index dropped by 4.0 percentage points to 48.8%, both showing different degrees of deviation from seasonal performance [11][14]. 3.2 Manufacturing: Demand - side Operation Under Pressure, Both Price Indices Rising - **Production**: The manufacturing PMI production index was 50.6% in January, down 1.1 percentage points month - on - month, weaker than the seasonal level. The slowdown was due to factors like cold weather and approaching Spring Festival, especially the over 4 - percentage - point decline in the consumer goods manufacturing production index [17]. - **Demand**: The new order index and new export order index of manufacturing PMI decreased by 1.6 and 1.2 percentage points respectively. The "new order - new export order" index dropped to 1.4%. Seasonal factors and external policy changes affected demand, but the proportion of manufacturing enterprises reporting insufficient market demand decreased [19]. - **Enterprise Scale and New Kinetic Energy**: The PMI of large, medium, and small enterprises decreased by 0.5, 1.1, and 1.2 percentage points respectively. New kinetic energy industries continued to lead, while traditional industries' prosperity declined [20]. - **Price**: Affected by multiple factors, the main raw material purchase price index and ex - factory price index were 56.1% and 50.6% respectively, up 3.0 and 1.7 percentage points month - on - month. The index difference reached 5.5 percentage points, compressing the profit space of mid - and downstream enterprises [23]. - **Inventory**: The raw material inventory index decreased by 0.4 percentage points, and the finished - product inventory increased by 0.4 percentage points. The economic kinetic energy index decreased by 2.0 percentage points, and the purchasing volume index dropped to 48.7%. The start of the replenishment cycle depends on the recovery of market demand [24]. 3.3 Non - manufacturing: Slight Decline in Service Industry PMI, Significant Decline in Construction Industry - **Service Industry**: In January, the service industry PMI slightly declined. The strong support from the financial industry, the stable development of new kinetic energy, and the good performance of some consumption - related service industries maintained its stability. However, the real - estate industry's business activity index fell below 40.0%, and Spring Festival consumption may boost the consumption - related service industries [29]. - **Construction Industry**: Due to cold weather and the approaching Spring Festival, the construction industry's business activity index decreased by 4.0 percentage points to 48.8% in January. Both housing construction and civil engineering construction activities slowed down, and the off - season characteristics may continue in February [32]. 3.4 Impact on the Bond Market - In January, after the shock of sentiment was digested, the bond market recovered. The 10Y Treasury bond yield dropped to the lower limit of the 1.8% - 1.9% oscillation range. With insufficient broad - money expectations and increased local - bond supply in February, the 10Y Treasury bond yield may return to the central part of the oscillation range. Two parts of structural investment opportunities are recommended [4][34][35].