| 公司代码：601668 | | 公司简称：中国建筑 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 中国建筑股份有限公司 | | | | | | | | | | 中国建筑股份有限公司2025 | | | 年半年度报告摘要 | | | | | | | 第一节 | 重要提示 | | | | | | | | | 展规划，投资者应当到 | www.sse.com.cn | | 网站仔细阅读半年度报告全文。 | | | | | | | 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 | | | | | | | | | | 度财务报告，并出具了审阅报告。 不适用 | | | | | | | | | | 第二节 | 公司基本情况 | | | | | | | | | 公司股票简况 | | | | | | | | | | 股票种类 | 股票上市交易所 股票简称 | | 股票代码 | | | 变更前股票简称 | | | | A股 上海证券交易所 | 中国建筑 | | 601668 | | 不适用 | | ...

Core Points - The company reported a significant decrease in operating revenue, down 46.39% year-on-year, totaling approximately 2.65 billion yuan [1] - The total assets of the company decreased by 4.35% compared to the previous year, amounting to approximately 53.02 billion yuan [1] - The net profit attributable to shareholders was approximately 70.38 million yuan, a recovery from a loss of over 203 million yuan in the same period last year [1] - The company did not propose any profit distribution or capital reserve conversion to increase share capital [1] Company Overview - The company is listed on the Shanghai Stock Exchange under the stock code 600491, with the stock name "龙元建设" [1] - As of the end of the reporting period, the total number of shareholders was 37,526 [1] Financial Performance - The net cash flow from operating activities decreased by 78.56% year-on-year, amounting to approximately 149 million yuan [1] - The weighted average return on net assets increased by 2.60 percentage points to 0.70% [1] - Basic and diluted earnings per share were both 0.05 yuan, recovering from a loss of 0.13 yuan per share in the previous year [1] Shareholder Information - The largest shareholder, 赖振元, holds 16.61% of the shares, with a total of approximately 254.12 million shares, of which 253.9 million are pledged [2] - The second-largest shareholder, 赖朝辉, holds 7.10% of the shares, totaling approximately 108.57 million shares, with 108.5 million shares pledged [2] - The report indicates that there are familial relationships among some of the major shareholders, specifically between 赖振元 and 赖朝辉 [2] Important Events - The company faced a 38.63% year-on-year decrease in new business contracts due to industry conditions, contributing to a significant decline in total revenue [5] - The company is experiencing operational difficulties and temporary liquidity pressure as a result of these challenges [5]

一桩始于2021年的采矿权交易，四年后却以一纸诉状走向破裂。 8月29日，浙江建投（002761.SZ，股价9.46元，市值102.34亿元）公告，全资子公司已正式向法院提起 诉讼，将四年前的交易对手方——兰溪市自然资源和规划局告上法庭。 《每日经济新闻》记者注意到，这起诉讼的涉案金额高达18.8亿元。 从12.7亿元竞拍到18.8亿元索赔 时间回到2021年6月，彼时浙江建投的简称还是"多喜爱"。 当时，主导采矿权竞拍的是多喜爱的全资子公司浙江省建设投资集团有限公司（以下简称浙建集团； 2021年6月25日，浙江省市场监督管理局经审查准予其注销，其合同及相关的权利和义务由上市公司承 接）。 在激烈的竞拍中，浙建集团以12.7亿元的高价，成功将"兰溪市陈家井矿区建筑用石料项目"采矿权收入 囊中。 上述项目位于浙江省兰溪市云山街道陈家井等村，开采矿种为建筑用砂岩和建筑用灰岩，规划的年生产 规模高达760万吨，建筑用石料矿控制资源量估算为3745.81万吨。 对于浙建集团而言，拿下这一项目具有重大战略意义。公司公告曾明确表示："有利于增加公司的矿产 资源储备，提高公司的持续盈利能力，在当前砂石骨料稀缺的大环境下， ...

每经记者｜赵李南 每经编辑｜张海妮 《每日经济新闻》记者注意到，这起诉讼的涉案金额高达18.8亿元。 从12.7亿元竞拍到18.8亿元索赔 时间回到2021年6月，彼时浙江建投的简称还是"多喜爱"。 当时，主导采矿权竞拍的是多喜爱的全资子公司浙江省建设投资集团有限公司（以下简称浙建集团； 2021年6月25日，浙江省市场监督管理局经审查准予其注销，其合同及相关的权利和义务由上市公司承 接）。 在激烈的竞拍中，浙建集团以12.7亿元的高价，成功将"兰溪市陈家井矿区建筑用石料项目"采矿权收入 囊中。 上述项目位于浙江省兰溪市云山街道陈家井等村，开采矿种为建筑用砂岩和建筑用灰岩，规划的年生产 规模高达760万吨，建筑用石料矿控制资源量估算为3745.81万吨。 对于浙建集团而言，拿下这一项目具有重大战略意义。公司公告曾明确表示："有利于增加公司的矿产 资源储备，提高公司的持续盈利能力，在当前砂石骨料稀缺的大环境下，浙建集团竞得砂石采矿权，将 有力拓展延伸集团产业链，保障浙建集团省内建筑用砂石料供应稳定。" 竞拍成功后不久，浙建集团与兰溪市自然资源和规划局正式签订了《浙江省采矿权有偿出让合同》。合 同约定，该采矿权的 ...

Core Viewpoint - Tianjin is leveraging its open and inclusive spirit to drive high-quality development, particularly in the context of hosting the upcoming Shanghai Cooperation Organization (SCO) summit, enhancing its global connectivity and collaboration with various countries [2][4]. Group 1: Economic Development and Trade - Tianjin's port serves as a crucial gateway for international trade, maintaining trade relations with over 500 ports in more than 180 countries and regions [4]. - In the first seven months of this year, Tianjin's total import and export volume with SCO countries exceeded 53.3 billion yuan, marking a year-on-year increase of 5.2%, with exports alone reaching over 41.7 billion yuan, up 9.9% [5]. - The establishment of direct shipping lines, such as the "Cherry Express" from South America, has facilitated the import of various fruits into China, showcasing Tianjin's role in global supply chains [5]. Group 2: Foreign Investment and Cooperation - Tianjin has attracted significant foreign investment, exemplified by the establishment of the first wholly foreign-owned tertiary hospital in China, which aims to enhance the quality of healthcare services [6]. - The city has also exported its development model, such as the "Teda Model," to international projects like the China-Egypt TEDA Suez Economic and Trade Cooperation Zone [7]. Group 3: Innovation and Technology - Tianjin is focusing on technological innovation to drive economic growth, with significant increases in revenue from high-tech services and strategic emerging industries, showing growth rates of 16.1%, 17.4%, and 20.1% respectively [8]. - The city is also implementing digital technologies, such as digital twin technology in collaboration with Kazakhstan, to enhance industrial efficiency [9]. Group 4: Sustainable Development - Tianjin is committed to green development, with 243 national-level green manufacturing units and initiatives to optimize energy structures and reduce carbon emissions [10]. - The city has achieved a comprehensive utilization rate of industrial solid waste of over 98% and has built 286,900 charging stations for electric vehicles, leading the national average [10]. Group 5: Urban Governance and Infrastructure - Tianjin is undertaking significant urban renewal projects in preparation for the SCO summit, enhancing the city's infrastructure and aesthetics through meticulous urban management [11][12]. - The city is leveraging smart city technologies to improve urban governance, integrating data from various departments to enhance service delivery [13]. Group 6: Community Engagement and Cultural Exchange - The city is actively involving its citizens in the preparations for the SCO summit, promoting community participation in urban renewal and cultural exchange initiatives [15]. - Tianjin has established friendly city relationships with 20 cities from SCO member states, fostering educational and cultural exchanges, with over 1,400 students from SCO countries studying in Tianjin [7].

Core Insights - China Railway Group (00390.HK) reported a mid-year performance for the first half of 2025, with total revenue of RMB 512.50 billion, a year-on-year decrease of 5.9% [1] - Gross profit was RMB 42.42 billion, down 9.3% year-on-year, while profit attributable to shareholders was RMB 11.83 billion, reflecting a 17.2% decline, with basic earnings per share at RMB 0.412 [1] Financial Performance - The company experienced a decline in revenue, gross profit, and net profit compared to the previous year [1] - New contract value signed reached RMB 1,108.69 billion, an increase of 2.8% year-on-year, indicating a recovery in new orders [1] Market Segments - The railway market saw a year-on-year growth of 12.4%, maintaining a leading market share in complex bridge construction, large-diameter shield tunnels, and high-end equipment [1] - The company secured RMB 143.26 billion in orders from the "second curve" businesses, including water conservancy, energy, and ecological protection [1] International Expansion - The overseas new contract value signed amounted to RMB 124.87 billion, a significant increase of 51.6% year-on-year, with growth observed across various sectors including railway, construction, municipal projects, and design consulting [1] - Notable projects won include the Tambor Railway, the China-Kyrgyzstan-Uzbekistan Railway, and the Senegal Kaedugu Lithium Mine [1]

Core Viewpoint - The company is navigating challenges in the real estate sector due to ongoing market adjustments, but remains optimistic about future opportunities driven by government policies and urban renewal initiatives [3][8]. Group 1: Financial Performance - In the first half of the year, the company's real estate contract sales amounted to 174.5 billion yuan, a year-on-year decrease of 8.9% [3]. - The real estate segment reported revenue of 131.88 billion yuan, reflecting a year-on-year increase of 13.3%, while gross profit was 21.05 billion yuan, down 6.8% year-on-year [3]. - The company achieved a sales return of 144.6 billion yuan in its real estate business, marking a year-on-year increase of 6% [8]. Group 2: Strategic Initiatives - The company has secured urban renewal projects in over 150 cities, with new contract amounts reaching 160 billion yuan, a 10% increase year-on-year [4]. - The company is focusing on high-quality housing projects, having launched a "Good House" initiative that has been implemented in several projects, indicating strong demand for quality housing [4][5]. - The company plans to enhance its resource allocation and improve its integrated investment, construction, and operation model to secure more high-quality projects [5]. Group 3: Land Acquisition and Market Outlook - The company acquired 520,000 square meters of new land, with a total land reserve of 7.488 million square meters, focusing on first-tier and strong second-tier cities [7]. - The management emphasizes a cautious approach to land acquisition, prioritizing high-quality projects in core urban areas [7][8]. - The central government's urban work conference has set a direction for the real estate industry, promoting a shift towards sustainable development focused on housing quality and service [8].

Core Viewpoint - China State Construction's (601668.SH) mid-year performance report indicates challenges in the real estate sector, with a focus on urban renewal and high-quality housing projects as future growth opportunities [4][10]. Group 1: Financial Performance - In the first half of the year, the company's real estate contract sales amounted to 174.5 billion yuan, a year-on-year decrease of 8.9% [4][9]. - The real estate segment's revenue reached 131.88 billion yuan, reflecting a year-on-year increase of 13.3%, while gross profit was 21.05 billion yuan, down 6.8% year-on-year [4][9]. - The company reported a sales return of 144.6 billion yuan from its real estate business, a year-on-year increase of 6%, with a significant improvement in operating cash flow net amounting to 23.8 billion yuan [10]. Group 2: Strategic Initiatives - The company has initiated urban renewal projects in over 150 cities, with new contract signings totaling 160 billion yuan, representing a 10% year-on-year increase [5]. - A focus on the "good housing" initiative has led to the establishment of a construction system aimed at enhancing housing quality, with several projects already in practice [5][6]. - The company plans to increase resource investment and improve the integrated implementation model of investment, construction, and operation to secure high-quality projects [6]. Group 3: Market Outlook - The management expressed confidence in the long-term potential of the real estate market, particularly in core cities, despite current challenges [9][10]. - The central urban work conference has provided direction for the industry, emphasizing a shift towards sustainable development focused on housing quality and service [10]. - The company aims to enhance its competitive edge in the real estate sector by focusing on core urban areas and increasing investment in affordable housing [10].

格隆汇8月29日丨中材节能(603126.SH)公布，公司全资子公司武汉建筑材料工业设计研究院有限公司 (以下简称"武汉建材院")收到湖北中公工程项目管理有限公司发来的《中标通知书》，在咸宁高新矿业 有限公司(以下简称"咸宁矿业公司")的咸安区大屋邵矿区白云岩矿综合利用项目(以下简称"中标项目") 公开招标中，确定由武汉建材院、天津矿山工程有限公司、湖北汪盛建材有限公司组成的联合体为中标 单位，武汉建材院为联合体牵头方。中标项目中标价为工程费用投标报价3.47亿元、矿产品采购单价 16.38元/吨，该中标项目如能顺利签订并实施，预计将会对公司未来经营业绩产生积极影响。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲載列中國中鐵股份有限公司於2025年8月29日在上海證券交易所網站刊登的「中國中鐵 股份有限公司2025年半年度報告」，僅供參閱。 承董事會命 中國中鐵股份有限公司 陳文健 董事長 2025年8月29日 於本公告日期，本公司的執行董事為陳文健先生（董事長）及王士奇先生；本公司的非執 行董事為文利民先生及房小兵先生；本公司的獨立非執行董事為修龍先生、孫力實女士 及屠海鳴先生。 中国中铁股份有限公司 CHINA RAILWAY GROUP LIMITED ( 于中华人民共和国注册成立的股份有限公司 ) 股份代码：601390 25 3. 32 8 8 12 2 2 2 2 2025 半年度报告 中国中铁股份有限公司 2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不 ...