Core Insights - The company reported a new contract value of $755 million in international engineering business for Q3 2025, with domestic engineering contracting, consulting design, and equipment manufacturing new contracts amounting to CNY 195 million, CNY 380 million, and CNY 369 million respectively [1] - For the first nine months, the cumulative new contract value in international engineering reached $1.881 billion, representing a year-on-year increase of 19.58%, while domestic engineering contracting, consulting design, and equipment manufacturing totaled CNY 2.470 billion, CNY 1.327 billion, and CNY 963 million respectively [1] - The total new contract value for the first three quarters amounted to $3.031 billion, reflecting a year-on-year growth of 35.07%, with two major projects currently in execution [1]

Core Viewpoint - Longjian Co., Ltd. reported its 2025 semi-annual performance, highlighting its achievements in contract acquisition and financial results despite challenges in the construction industry [1][2]. Financial Performance - For the first half of 2025, Longjian Co., Ltd. achieved an operating income of 5.083 billion yuan, a total profit of 102 million yuan, and a net profit attributable to shareholders of 69.9357 million yuan [1]. - The total assets at the end of the period amounted to 35.442 billion yuan, with equity attributable to the parent company standing at 3.784 billion yuan [1]. Business Development - The company secured new contract orders worth 7.024 billion yuan, focusing on key projects in both provincial and out-of-province markets [2]. - Longjian Co., Ltd. is actively expanding its presence in 31 provinces and 23 countries, with significant progress in the renewable energy infrastructure sector [1][2]. Market Challenges - The company noted a decrease in order scale due to a decline in the number of bidding projects in the construction industry [2]. - Longjian Co., Ltd. is addressing accounts receivable issues, which are common in the industry, by enhancing collection mechanisms and following up on debt resolution plans [2]. Future Outlook - The company plans to closely monitor national and provincial economic developments, focusing on major transportation and municipal engineering projects while exploring new sectors such as new energy and environmental protection [3]. - Longjian Co., Ltd. will continue to pay attention to project planning in the ice and snow sector within Heilongjiang Province [4].