Summary of Key Points Core Viewpoint - The announcement provides a summary of new project orders and their distribution across various business segments, highlighting a significant increase in above-ground business while noting a decline in underground business orders compared to the previous year [1]. Group 1: New Project Orders - Total order value for underground business is approximately 1,413.94 million RMB, accounting for 35.91% of total orders, which represents a decrease of 39.84% year-on-year [1]. - Total order value for above-ground business is approximately 2,523.02 million RMB, making up 64.09% of total orders, with an increase of 61.56% year-on-year [1]. - Orders from within Shanghai amount to approximately 1,678.73 million RMB, representing 42.64% of total orders, which is a decrease of 12.97% year-on-year [1]. - Orders from outside Shanghai (excluding Hong Kong and Macau) total approximately 1,931.89 million RMB, accounting for 49.07% of total orders, with an increase of 13.98% year-on-year [1]. - Overseas business orders are valued at approximately 326.34 million RMB, representing 8.29% of total orders, with an increase of 13.29% year-on-year [1]. Group 2: Business Segmentation - The municipal engineering segment, which includes projects like cross-river tunnels and sewage treatment plants, has orders totaling approximately 1,027.23 million RMB, accounting for 26.09% of total orders, with a decrease of 15.70% year-on-year [1]. - The total order value across all business segments is approximately 3,936.96 million RMB, which is a slight increase of 0.64% year-on-year [1]. - The overall total order value, including all business types, is approximately 4,620.74 million RMB, reflecting a marginal increase of 0.18% year-on-year [1].