2026年1月30日早盘，三大股指全线下跌，截至10:58，沪深300红利低波动指数下跌0.39%。成分股方面 涨跌互现，中信银行领涨，杭州银行、工商银行跟涨；中国海油领跌，中国中铁、中国化学跟跌。 消息面上，2026年1月，多家上市公司密集披露半年报、三季报及特别分红方案，红利逐步兑现，进一 步凸显红利资产的配置价值。国信证券表示，随着政策支持为红利资产注入长期估值重塑动能，上市公 司分红力度持续加大。后续随着分红制度的持续完善，红利资产的股息吸引力将进一步提升。 此外，青岛银行发布2025年度业绩快报，实现归属于母公司股东净利润51.88亿元，同比增长21.66%。 此前已有招商银行、兴业银行、宁波银行等8家上市银行率先交出2025年度业绩快报，所有银行均实现 净利润正增长。中国银河证券指出，四季度市场风格整体延续上季度，资金对银行板块青睐程度维持在 相对低位。但同时，国有行、股份行持续受关注。近期被动资金流出对银行资金面形成扰动，但在低利 率与中长期资金加速入市的环境下，银行板块高股息、低估值的红利属性仍对险资等长线资金具备持续 吸引力，加速估值定价重构。 数据显示，截至2025年12月31日，沪深30 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [8]. Core Views - The recent performance of the company has been weak, with valuations dropping to the bottom range. At this point, the company is considered to have a sufficient margin of safety and highlighted dividend value, leading to a continued strong recommendation for investment in the company [5][7]. Financial Performance - For the first three quarters, the company achieved a revenue of 1,558.22 billion yuan, a year-on-year decrease of 4.20%. The net profit attributable to shareholders was 38.182 billion yuan, down 3.83% year-on-year. It is expected that the company will continue to face slight pressure throughout the year [7]. - The total new contracts signed for 2025 are projected to be 4,545.8 billion yuan, reflecting a year-on-year increase of 1.0%. The new contracts in the construction industry are expected to reach 4,151.0 billion yuan, up 1.7% year-on-year [7]. - The company is a pilot unit for the State-owned Assets Supervision and Administration Commission's market value management assessment, consistently leading in dividend payout rates among central state-owned enterprises. Despite a projected decline in net profit for 2024, the company plans to increase its dividend payout ratio from 21% to 24%, maintaining a stable dividend per share of 0.27 yuan, which corresponds to a current dividend yield of 5.4% [7]. Market Position - The company is the largest construction enterprise in China by scale and market capitalization, and it is a component of major indices such as the SSE 50, CSI 300, and CSI Dividend [12]. - The company's valuation has dropped to historical lows, with a price-to-book (PB) ratio of 0.43 and a price-to-earnings (PE) ratio of 4.7, both below the historical 25th percentile, indicating a strong margin of safety [12]. - The company’s subsidiaries, including China Overseas Property, have a combined sales volume that exceeds that of the leading competitor, Poly Developments, positioning the company to benefit from real estate policy changes [12]. Future Outlook - The company is expected to benefit from increased fiscal spending and policy support in 2026, which is seen as a pivotal year for the "14th Five-Year Plan." The central economic work conference has emphasized stabilizing investment as a key task for 2026, with expectations for infrastructure demand to rise due to increased fiscal spending on major projects [12].

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for its stock performance relative to the market index [6]. Core Insights - The company achieved a robust growth in new contracts, with a total of 3.17 billion yuan signed in 2025, reflecting an 11.6% year-on-year increase. The municipal projects saw a significant doubling in new orders to 1.78 billion yuan [1]. - The company has a strong order backlog of 10.16 billion yuan, which is 1.7 times its projected revenue for 2024, suggesting stable revenue generation in the near term [1]. - The company is actively expanding into new business areas, particularly in robotics, with strategic investments in companies like Mirror Technology and Matrix Super Intelligence, which are expected to enhance its operational capabilities and market position [5][6]. Summary by Relevant Sections New Contracts and Revenue - In Q4 2025, the company signed new contracts worth 489 million yuan, with contributions from rail transit, municipal, and construction projects [1]. - The total new contracts for 2025 reached 3.17 billion yuan, with municipal projects contributing 1.78 billion yuan, marking a 100% increase year-on-year [1]. Order Backlog - As of Q4 2025, the company has an order backlog of 10.16 billion yuan, which is 1.7 times the expected revenue for 2024, indicating a solid foundation for future revenue [1]. Business Expansion and Robotics - The company is focusing on its transformation into robotics, with significant developments in partnerships and product launches, including the introduction of advanced robotic systems [5]. - The strategic investment in Mirror Technology aims to enhance the company's capabilities in robotics, with products like the Apollo quadruped robot and BAOBAO dual-mode robot gaining recognition [5]. Financial Projections - The company is projected to achieve a net profit of 286.59 million yuan in 2025, with a growth rate of 1.3%, and further increases expected in the following years [6]. - The earnings per share (EPS) is estimated to be 0.23 yuan in 2025, with a price-to-earnings (P/E) ratio of 41.57 [7].

根据《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管指引第3号一一行业信息披 露》等相关规定，新疆交通建设集团股份有限公司现将2025年第四季度建筑业经营情况简报如下： 一、总体情况 ■ 二、截至报告期末重大项目履行情况 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002941 证券简称：新疆交建 公告编号：2026-004 新疆交通建设集团股份有限公司 2025年第四季度建筑业经营情况简报 ■ 由于上述相关数据为阶段性数据，且未经审计，因此上述数据与定期报告披露的数据可能存在差异，仅 供投资者参阅。 特此公告。 新疆交通建设集团股份有限公司 董事会 2026年1月29日 证券代码：002941 证券简称：新疆交建 公告编号：2026-006 新疆交通建设集团股份有限公司 关于2025年度控股子公司计提资产减值准备的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述或重大遗 漏。 根据《企业会计准则第8号一资产减值》相关规定，资产存在减值迹象时应估计其可收回金额，可收回 金额根据资产的公允价值减去处置费用后的净额与资产预计未来现金流量的现值两 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司董事会、全体董事及相关股东保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏， 并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 大股东持股的基本情况：截至本公告披露日，持股5%以上股东上海国盛（集团）有限公司（以下简 称"国盛集团"）持有上海建工集团股份有限公司（以下简称"公司"）股份1,301,300,000股，占公司总股 本的比例为14.64%。上述股份来源于公司控股股东上海建工控股集团有限公司无偿划转及后续公司资 本公积转增股本取得。 ● 减持计划的主要内容：国盛集团计划自本公告披露之日起15个交易日后的3个月内（即2026年3月3 日-2026年6月2日）以集中竞价交易方式减持其所持有的公司股份数量不超过88,859,300股（不超过公司 总股本的1.00%）；以大宗交易方式减持其所持有的公司股份数量不超过177,718,700股（不超过公司总 股本的2.00%）。若此期间公司发生转增股本、增发新股或配股、股权激励、回购等股本变动事项，减 持股份比例保持不变，减持股份数量将进行相应调整。 一、减持主体的基本情况 ■ 上 ...

坚持改革转型，激活发展"强劲引擎"。全力推动房地产市场止跌回稳，落实"一区域一策"等精准举 措，统筹推进去库存、优供给。推动收购存量商品房用作保障房、人才房等，全年新增4个省改善型住 宅评价项目。深化房屋"以旧换新"和房票安置。着力促进建筑业高质量发展，总产值增幅保持全省前 列，支持企业"走出去"拓展市场，鼓励向城市更新、智慧运维等新兴领域延伸。 坚持系统谋划，答好城市更新"时代考卷"。以"绣花"功夫推进城市更新，年底前实现建成区城市体 检全覆盖，编制《镇江市"十五五"城市更新专项规划》。实施危房排查整治、老旧电梯更新（431 台）、城中村改造（5个项目）等重点任务，保护传承历史文化，实施13个文保类项目。 坚持精工细作，打造城乡融合"典范样板"。全年计划完成市政公用领域投资22.8亿元。增强城市承 载能力，打通18条断头路、瓶颈路，实施一批道路改造工程。提高公共服务能力，改造供水、燃气管网 及立管超万户。加强水环境治理，城市生活污水集中收集率超过90%。提升村镇建设水平，创建5个省 特色田园乡村。 1月29日上午，全市住房和城乡建设工作会议召开。2026年，全市住建系统将坚持稳中求进工作总 基调，更好统筹惠 ...

Group 1 - China State Construction recently secured major projects totaling 37.24 billion yuan, representing 1.7% of the audited revenue for 2024. The projects include four housing construction projects worth 18.37 billion yuan and four infrastructure projects worth 18.87 billion yuan, covering areas such as hospitals and highways [1] - The Shanghai land auction concluded with three residential plots sold at a base price of 4.02 billion yuan, with a total area of 239.3 acres and a total construction area of 205,000 square meters. The overall premium rate was 0%, reflecting a rational pricing approach during the industry adjustment period [2] - Guangzhou R&F Properties announced the suspension of six bonds starting January 30, 2026, as part of its debt restructuring process. This move indicates the company's proactive stance in addressing its debt issues amid a complex industry landscape [3] - South China City disclosed a preliminary plan for overseas debt restructuring, aiming to maintain existing credit support for creditors and allow them to benefit from potential equity appreciation. The success of this plan depends on creditor support and regulatory approvals [4] - Dalian Xindameng and Zhuhai Wanda Commercial Management announced board changes, appointing Zhao Zesheng as vice chairman and Li Zhen as Chief Human Resources Officer. This reflects a key step in optimizing governance structure under the leadership of the Taima Group [5]

（来源：天津日报） 转自：天津日报 本报讯（记者 王睿）连日来，中新天津生态城政务办开展"送政策、送流程、推前期、解难题、促开 工"系列服务，推行"项目服务专员"制度与"一项目一策一专员"机制，精准对接项目需求，助力项目早 开工、快建设、早见效。 选址生态城滨旅北部区域的国家重大气象基础设施项目——国家气象科技园二期建设项目总投资7800万 元，建成后可开展气象实训，提升气象预报员及服务人员的技能水平与业务能力。 记者了解到，生态城政务办联合生态城建设局主动上门，开展前置审批辅导，并结合国家气象科技园二 期建设项目特点，定制审批帮办方案，最终用0.5个工作日办结审批事项。 生态城107号地块配套产业项目由中新天津生态城投资开发有限公司投资1.6亿元建设。在项目申报过程 中，生态城政务办联合生态城建设局上门服务，结合项目实际情况，优化审批流程，用0.5个工作日办 结施工许可手续。项目建成后，可新增工业厂房及配套设施，为区域完善产业链布局、推动产业升级提 供支撑。 生态城政务办工作人员介绍，他们联合生态城建设局组建服务专班，深入多个项目建设现场"送证上 门"；同时实时跟进项目建设进度，最大限度减少企业人员跑动次数 ...

岁末年初，一批承载发展重托与民生期盼的重点工程项目捷报频传：西北地区首条8英寸高性能特色工 艺半导体生产线通线投产，西安地铁15号线（一期）开通运营，援西非国家经济共同体总部办公楼封顶 在即，圭亚那光储项目并网投运……一个个标杆项目落地生根，成为陕西建工控股集团有限公司（简 称"陕建控股集团"）聚焦主责主业、锚定产业转型，服务国家重大战略、推动区域协同发展的生动注 脚。 战略领航重塑发展新优势 陕建控股集团赓续红色血脉，提炼升级"向善力建"的企业文化，以"向善"坚守国企使命，以"力建"彰显 实干担当，凝聚全员转型共识。借助新一轮国企改革深化提升行动，集团推进"精兵简政"，构建"强一 线、精总部"的管理模式，优化集采招标、劳务招标等关键流程，打通协同壁垒，实现"流程更优、审批 更简、时限更短、成本更低"的管理目标，为转型发展扫清障碍。 从参与国家"一五"时期40个重点项目建设，到服务共建"一带一路"拓展境外市场，陕建控股集团的发展 始终与国家战略同频共振。站在新的历史起点，陕建控股集团将持续践行"运营引领、投资驱动、建造 支撑"的产业发展理念，全力推进产业转型，为建筑行业转型升级提供可复制的"陕建经验"，在服务 ...

Core Viewpoint - China State Construction International (CSCI) has made significant strides in international markets, enhancing its operational capabilities and contributing to high-quality development in overseas projects, particularly in the context of the Belt and Road Initiative [2][4]. Group 1: Company Achievements - CSCI has entered 11 new markets, including Australia and Uzbekistan, and has obtained 49 domestic and international qualifications [2]. - The company signed seven projects worth over $500 million each, with contracts over $100 million accounting for 76% of its total [2]. - CSCI has increased its local talent recruitment, bringing in 660 local employees, raising its localization rate to 49% [2]. - The company has completed 165 projects in Belt and Road countries over the past five years, including 23 aid projects, with all seven completed projects rated as "excellent" [5]. Group 2: Infrastructure Development - The Congo (Brazzaville) National Route 1 has significantly improved transportation, increasing daily traffic tenfold and facilitating the transport of agricultural and mineral products [3]. - The Egypt New Administrative Capital Central Business District project has been recognized as a landmark development, contributing to local economic growth [3]. - The Ella Hela Canal project in Sri Lanka is nearing completion, expected to provide irrigation for one million acres of farmland and drinking water for 375,000 households [5]. Group 3: ESG and Sustainability - CSCI has implemented an ESG development strategy, integrating green development principles into all operational aspects, which is crucial for the construction industry's carbon reduction efforts [6]. - The company has established a carbon emission monitoring and management platform, covering over 100 projects in various provinces [6]. - CSCI has achieved ISO certification for four major systems and has received high ratings from S&P, Fitch, and Moody's [6]. Group 4: Cultural Integration and Community Engagement - CSCI's "Hehe" culture emphasizes cooperation and community integration, fostering relationships in various countries through volunteer services and local engagement [9][10]. - The company has been involved in numerous community service projects, including support for elderly care facilities and educational institutions in countries like Sri Lanka and Honduras [9][11]. - CSCI has been recognized for its contributions to international image building and social responsibility, receiving awards for its projects that create local employment and enhance community welfare [11]. Group 5: Future Outlook - CSCI aims to continue its high-quality development trajectory in the "14th Five-Year Plan" period, focusing on enhancing market advantages and international competitiveness [2][4]. - The company is committed to further integrating its operations domestically and internationally, with a dual office model established between Beijing and Suzhou [6][7].