中国化学工程股份有限公司 关于经营情况简报的公告 本公司董事会及全体董事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。 现将公司 2025 年 1—8 月主要经营情况公布如下，供各位投 资者参阅。 证券代码：601117 股票简称：中国化学 公告编号：临 2025-047 | 序 号 | 单位名称 | 项目合同名称 | 合同金额 | | --- | --- | --- | --- | | 1 | 中国五环工程有 | 赞比亚中大化工 30 万吨/年 MAP 项目 | 约 14.20 | | | 限公司 | 总承包合同 | （折合人民币） | | | 中化二建集团有 | 新疆中鑫环泰能源有限公司 260 万吨 焦炭/年煤焦化多联产（焦化+化产深加 | | | 2 | 限公司 | 工）项目采购、施工（PC）总承包合 | 9.86 | | | | 同 | | | | 中国化学工程第 | 安徽科磊镁业有限公司年产 20 万吨镁 | | | 3 | 三建设有限公司 | 合金板材项目设备采购安装施工总承 | 9.00 | | | | 包 | | | | 中国化 ...

Group 1 - The company reported a new contract amount of RMB 679.57 billion for the period from January to August 2025, representing an 18.2% decrease compared to the same period last year [1] - The overseas contract amount reached RMB 64.22 billion, showing an 8.9% increase year-on-year [1] - The company will participate in a collective performance briefing organized by China Minmetals Corporation on September 29, 2025, to discuss its half-year results [5][6] Group 2 - The performance briefing will be held from 15:00 to 17:00 on September 29, 2025, via video live streaming and online text interaction [6][7] - Investors can submit questions before the briefing until 16:00 on September 28, 2025, through the company's email [8] - The briefing aims to provide insights into the company's operational performance and financial indicators for the first half of 2025 [5][6]

中国中冶（601618）(601618.SH)发布公告，公司2025年1-8月新签合同额人民币6795.7亿元，较上年同 期降低18.2%，其中新签海外合同额人民币642.2亿元，较上年同期增长8.9%。 ...

中国中冶公告，2025年1-8月新签合同额人民币6795.7亿元，较上年同期降低18.2%。其中，新签海外合 同额人民币642.2亿元，较上年同期增长8.9%。8月份，公司部分新签单笔合同额在人民币10亿元以上的 重大工程承包合同包括韶关市曲江区全域土地综合整治项目、江陵县混空轻烃燃气建设项目及山西通才 工贸有限公司年产100万吨能源新材料精品钢管生产线建设项目，合同金额分别为26亿元、12亿元和 11.8亿元。 ...

Core Viewpoint - China Metallurgical Group Corporation (China MCC) has shown a significant year-on-year growth in its Q2 performance, with a non-recurring profit increase of 31%, leading to a "Buy" rating from Tianfeng Securities [1] Financial Performance - In H1 2025, China MCC reported a revenue of 237.53 billion, a decrease of 20.52% year-on-year, with net profit attributable to shareholders at 3.10 billion, down 25.31% [1] - Q2 alone saw a revenue of 115.26 billion, a decline of 22.59%, but a slight increase in net profit attributable to shareholders by 1.43% [1] - The company adjusted its net profit forecasts for 2025-2027 to 6.15 billion, 6.66 billion, and 7.27 billion respectively [1] Business Segments - In H1 2025, revenue from engineering contracting, specialty businesses, and comprehensive real estate was 216.91 billion, 18.31 billion, and 4.80 billion respectively, with declines of 21.79%, 5.23%, and 4.63% [2] - The mining resources segment showed potential with profits from various projects, including 230 million from the Papua New Guinea nickel-cobalt project and 150 million from the Pakistan copper-gold project [2] - The company is advancing the feasibility studies and road construction for the Afghanistan Aynak copper mine, with 8.9 kilometers of the access road completed [2] Contracting and Orders - In H1 2025, new contracts signed totaled 548.2 billion, a decrease of 19.1%, but the core business segments of metallurgy and non-ferrous mining saw an increase in their share of new contracts [3] - The company achieved a significant milestone with the signing of the first overseas low-carbon ironmaking project in Brazil [3] - New contracts in overseas markets reached 57.69 billion, reflecting a year-on-year increase of 32.5% [3] Profitability and Cash Flow - The overall gross margin for H1 2025 was 10.09%, an increase of 1.04 percentage points year-on-year, with a net profit margin of 1.71% [4] - Operating cash flow showed improvement with a net outflow of 21.99 billion, a reduction of 6.42 billion compared to the previous year, attributed to enhanced collection efforts and cost-cutting measures [4] Earnings Forecast - Recent earnings forecasts from various institutions indicate a range of net profit predictions for 2025, with estimates varying from 6.09 billion to 8.16 billion [6]

中国冶金科工股份有限公司（以下简称"中国中冶"、"本公司"、"公司"） 董事会及全体董事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。 A 股简称：中国中冶 A 股代码：601618 公告编号：临 2025-045 中国冶金科工股份有限公司 关于 2025 年半年度计提减值准备的公告 合房地产业主信用风险明显上升等因素，在进行评估后，对应收款项计提了减值 准备人民币 19.05 亿元；公司对建造合同项目工程承包服务合同的履约进度大于 结算进度等形成的合同资产计提减值准备人民币 9.80 亿元。 值准备人民币 6.73 亿元。 资产负债表日存在减值迹象的，进行减值测试。减值测试结果表明资产的可收回 金额低于其账面价值的，按其差额计提减值准备人民币 0.48 亿元。 二、对公司财务状况的影响 上述事项将导致中国中冶 2025 年半年度合并财务报表利润总额减少人民币 三、本次计提减值准备的审议程序 公司第三届董事会审计委员会 2025 年第七次会议审议通过《关于中国中冶 计提 2025 年半年度资产减值准备的议案》，审计委员会认为，本次计提减值准 备事项 ...

Investment Rating - The report maintains a "Buy" rating for Sinopec Engineering (02386) with a target price not specified [4]. Core Views - The company achieved a record high in new contract signing, with a total of RMB 711.58 billion, representing a year-on-year increase of 42.1% [1]. - The revenue for the first half of 2025 was RMB 31.559 billion, a 10.1% increase year-on-year, with a net profit attributable to shareholders of RMB 1.384 billion, up 4.8% [1]. - The company is actively exploring applications of artificial intelligence and robotics to enhance efficiency and reduce costs in engineering projects [4]. Summary by Sections Financial Performance - Revenue for H1 2025: RMB 31.559 billion, up 10.1% year-on-year - Gross profit: RMB 2.599 billion, up 3.6% year-on-year - Net profit attributable to shareholders: RMB 1.384 billion, up 4.8% year-on-year - Basic earnings per share: RMB 0.32 - Proposed interim dividend: RMB 0.16 per share, the highest since listing [1]. Contract Signing and Order Structure - New contracts signed reached RMB 711.58 billion, a record high, with front-end, design, and EPC contracts making up 80% of the total [1]. - The company’s uncompleted contract amount as of H1 2025 was RMB 2,122.76 billion, covering approximately 3.3 times the total revenue for 2024 [1]. International Orders - New contracts signed internationally totaled USD 4.302 billion, a significant increase of 82.7% year-on-year [2]. - Notable international contracts include the EPC contract for the Algeria Hassi refinery project valued at approximately USD 2.058 billion and the Kazakhstan Silleno petrochemical complex project valued at USD 1.902 billion [2]. Domestic Orders - New domestic contracts signed amounted to approximately RMB 401.82 billion, a year-on-year increase of 21.3% [3]. - Key domestic contracts include the EPC contract for the Maoming ethylene project valued at approximately RMB 11.631 billion [3]. Technological Advancements - The company is advancing the application of AI and robotics in engineering, aiming to improve design efficiency and construction processes [4].

（文章来源：每日经济新闻） 2024年1至12月份，陕建股份的营业收入构成为：工程承包占比92.81%，石油化工工程业务占比 6.02%，其他行业占比0.81%，其他业务占比0.36%。 陕建股份（SH 600248，收盘价：3.99元）8月12日晚间发布公告称，公司中标陕煤集团榆林化学有限责 任公司1500万吨/年煤炭分质清洁高效转化示范项目烯烃、芳烃及深加工工程一阶段项目给排水消防装 置PC采购-施工总承包、瀚阅府西苑项目施工总承包、瀚阅府东苑项目施工总承包。合计中标金额21.65 亿元。 ...

Core Viewpoint - Northern International (000065) has seen a stock price increase of 6.07% this week, closing at 11.7 yuan, with a total market capitalization of 12.535 billion yuan [1] Company Announcements Summary - Northern International received an inquiry letter from the Shenzhen Stock Exchange regarding its application for a private placement of shares on July 21, 2025, and has made necessary revisions and responses to the inquiry [1][4] - The company plans to raise no more than 960 million yuan, primarily for the 125MWp photovoltaic project in Bosnia and Herzegovina and to supplement working capital [2][4] - The company has obtained the necessary filings from the National Development and Reform Commission and the Ministry of Commerce, indicating that there are no significant uncertainties regarding the approval of the fundraising project [2][4] Financial Overview - The company's short-term borrowings and current liabilities have been increasing year by year, with cash balances reported at approximately 498 million yuan, 409 million yuan, 460 million yuan, and 452 million yuan over the past four periods [2] - Accounts receivable have also risen, with balances of approximately 363 million yuan, 365 million yuan, 380 million yuan, and 450 million yuan [2] - Inventory values have increased, reflecting a rise in procurement for the coking coal supply chain, with values reported at approximately 93 million yuan, 136 million yuan, 156 million yuan, and 127 million yuan [2]

Core Viewpoint - The company, Tibet Tianlu (600326.SH), is facing continuous losses in its main business and has decided to reduce its holdings in China Power Construction (601669.SH) to recover some funds [1][3]. Group 1: Stock Sale Details - Tibet Tianlu announced the sale of 25 million shares of China Power Construction, generating a total transaction amount of 184 million yuan, which accounts for 4.78% of the company's audited net assets for the last fiscal year [1]. - After the sale, Tibet Tianlu retains 41.77 million shares of China Power Construction [1]. - The net investment gain from this sale, after deducting costs and related transaction taxes, is approximately 45.75 million yuan, impacting the company's net profit by the same amount, which represents 43.87% of the last fiscal year's net profit [1]. Group 2: Financial Performance - Tibet Tianlu's main business includes engineering contracting, cement production and sales, asphalt production and sales, and mineral processing and sales [3]. - The company reported revenues of 3.845 billion yuan, 4.097 billion yuan, and 3.13 billion yuan from 2022 to 2024, with net losses of 498 million yuan, 532 million yuan, and 104 million yuan during the same period [3]. - The forecast for the first half of 2025 indicates a projected net loss of between 77 million yuan and 115 million yuan, representing an increase in losses of 14.38% to 70.83% [3]. - The company expects a decrease in net losses for the same period, with a projected loss of 45 million yuan to 83 million yuan, which is a year-on-year reduction of 23.25% to 58.39% [3]. - Over the past three and a half years, Tibet Tianlu's cumulative net losses are estimated to exceed 1.211 billion yuan [4].