欢迎扫描下方二维码关注： 今天，跟着小编一起来学习一下吧~ 一、增值税 根据《国家税务总局关于发布〈纳税人跨县（市、区）提供建筑服务增值税征收管理暂行办法〉的公告》（国家税务总 局公告2016年第17号）第三条规定，纳税人跨县（市、区）提供建筑服务，应 按照财税〔2016〕36号文件规定的 纳税义务 发生时间和计税方法，向建筑服务发生地主管税务机关预缴税款，向机构所在地主管税务机关申报纳税。 根据《国家税务总局关于进一步明确营改增有关征管问题的公告》（国家税务总局公告2017年第11号）第三条规定，纳 税人 在同一地级行政区范围内跨县（市、区）提供建筑服务，不适用 《纳税人跨县（市、区）提供建筑服务增值税征收管理 暂行办法》（国家税务总局公告2016年第17号印发）。 应预缴增值税税款计算如下 跨地区提供建筑服务 需预缴哪些税款？ 有哪些注意事项？ 一般纳税人 跨县（市、区）提供建筑服务 1.适用 一般计税方法 计税的，以取得的全部价款和价外费用扣除支付的分包款后的余额，按照2%的预征率计算应预缴 税款。 应预缴税款=（全部价款和价外费用-支付的分包款）÷（1+9%）×2% 2.选择适用 简易计税方法 计税的 ...

因此，董事会认为，收购事项可为集团长远发展奠定稳固基础。董事将继续探索可能有助及有集团现时 业务营运组合其他商机。 格隆汇9月30日丨高升集团控股(01283.HK)公告，于2025年9月30日，买方Ascend Group Holdings Limited(公司全资附属公司)与卖方郑伟恒订立买卖协议，据此，买方有条件同意收购，而卖方有条件同 意出售目标公司德恒建筑发展20%股份，代价为2400万港元，将透过以下方式支付：(i)现金支付300万 港元；及(ii)根据一般授权向卖方配发及发行入账列作缴足代价股份的方式支付2100万港元。 目标公司于香港注册成立，从事提供建筑服务。董事会认为，收购事项将为集团带来商业利益，原因如 下：收购事项预期将进一步巩固本集团于建筑业的地位。目标公司从事提供一般建筑服务(包括室内装 饰、装修及改建与加建工程)逾六年。凭藉目标公司丰富的经验及专业知识，收购事项将产生协同效 应。透过结合本集团稳固的客户网络(主要包括主要承包商及政府)，连同目标公司的经验、领域专长及 专业人员，公司相信，收购事项将可加强其于上述行业市场渗透及拓阔客户基础并为公司的客户提供更 全面的服务。 ...

Investment Rating - The report maintains a "Recommended" rating for the construction industry [2] Core Viewpoints - The construction industry is experiencing a decline in prosperity, with fixed asset investment growth slowing down. In August, the construction PMI was 49.1, down 1.5 percentage points from the previous month, and the new orders index was 40.6%, down 2.1 percentage points [5][8] - The report highlights the establishment of the Xinjiang-Tibet Railway Company and the completion of the world's highest bridge, the Guizhou Huajiang Canyon Bridge, as significant developments in infrastructure [30][35] - The Ministry of Finance has issued guidelines to ensure the implementation and operation of existing PPP projects, which is expected to stabilize the construction sector [51][52] Summary by Sections 1. Construction Industry Prosperity - The construction industry's business activity index was 49.1 in August, indicating a decline in prosperity [7][8] - The new orders index for the construction industry was 40.6%, reflecting a decrease in demand [5][8] 2. Fixed Asset Investment Growth Slowing - From January to August, national fixed asset investment (excluding rural households) was 326,111 billion yuan, with a year-on-year growth of 0.5%, a decline of 1.1 percentage points compared to the previous month [19] - The investment in the secondary industry grew by 7.6%, while the tertiary industry saw a decline of 3.4% [19] 3. Infrastructure Investment Growth Decline and New Regulations for PPP - Broad infrastructure investment growth was 5.42%, down 1.95 percentage points, while narrow infrastructure investment growth was 2%, down 1.2 percentage points [30] - The establishment of the Xinjiang-Tibet Railway Company marks a significant step in advancing the project [44] - The Ministry of Finance's guidelines for existing PPP projects aim to enhance public service and operational efficiency [51][52] 4. Real Estate Investment and Sales Decline - From January to August, real estate development investment was 60,309 billion yuan, down 12.9% year-on-year, with the sales area of commercial housing decreasing by 4.7% [60] - The new construction area for residential buildings fell by 19.5%, indicating ongoing pressure in the real estate sector [61] 5. PPP Project Construction and Operation Assurance - The report emphasizes the large scale of existing PPP projects, with over 7 trillion yuan in investments expected [50] - The guidelines issued by the Ministry of Finance provide a framework for the construction and operation of these projects, ensuring their stability and efficiency [51][52]

Investment Rating - The report maintains a "Buy" rating for major construction companies including China State Construction, China Railway, China Railway Construction, and China Communications Construction [4][5]. Core Insights - The construction industry is transitioning from large-scale expansion to enhancing existing stock, with urban renewal efforts expected to intensify during the 14th Five-Year Plan period, leading to an urbanization rate exceeding 70% by the end of the plan [8][11]. - Major engineering projects are expected to play a crucial role in stabilizing growth, with significant infrastructure projects like the Sichuan-Tibet Railway and the New Three Gorges Navigation Channel supporting the industry [8][11]. - The report highlights the increasing importance of digitalization and industrialization in the construction sector, with AI and BIM technologies driving efficiency and quality improvements [8][32][39]. Summary by Sections Section 1: High-Quality Development - The construction industry is expected to maintain a GDP contribution of around 5% during the 14th Five-Year Plan, with a target of 40% for prefabricated buildings by 2030 [17][19]. - The focus will be on quality and safety, with a shift towards green and sustainable practices [16][17]. Section 2: Focus on Overseas Expansion, Digitalization, and Industrialization - The global industrial transfer is expected to boost overseas infrastructure demand, particularly in Southeast Asia, where construction needs are significant [22][23]. - Chinese construction companies are leading in international contracting, with 81 firms listed among the top 250 global contractors, accounting for 24.6% of total international revenue [27][28]. - Digital transformation is becoming a key driver for efficiency, with a low penetration rate of digital technologies in the construction sector compared to developed countries [36][37]. Section 3: Urban Renewal and Major Projects - Urban renewal is a major trend, with government initiatives aimed at improving living conditions and infrastructure [52]. - The report outlines eight key tasks for urban renewal, including the renovation of old neighborhoods and the enhancement of urban infrastructure [52]. Section 4: Industrial Digitalization and Growth - The construction industry is expected to leverage digital technologies to enhance productivity and reduce costs, with AI and BIM playing significant roles [32][38]. - The adoption of construction robots is anticipated to improve efficiency significantly, with robots outperforming human labor in various tasks [41][48].

Core Viewpoint - Hong Kong construction company Global Development Engineering has submitted an IPO application to the SEC, aiming to raise $17 million by offering 3.8 million shares at a price range of $4 to $5 per share, which would value the company at $90 million at the midpoint of the proposed price range [1] Company Overview - Global Development Engineering provides various construction services in Hong Kong, including home renovation and maintenance, interior and exterior decoration, and cleaning services [1] - The company serves a diverse clientele, including real estate developers, commercial property owners, hotels, hospitals, and individuals, acting as both a general contractor and subcontractor [1] - Established in 2015, the company reported revenue of $4 million for the 12 months ending March 31, 2025 [1] IPO Details - The company plans to list on NASDAQ under the ticker symbol "GDEL" [1] - The IPO application was secretly submitted on June 28, 2024, and Cathay Securities is the exclusive underwriter for the transaction [1]

Core Viewpoint - EMCOR Group, Inc. has reported strong second quarter results for 2025, leading to a significant increase in its stock price target by analysts [2][3]. Financial Performance - For Q2 2025, EMCOR reported revenue of $4.30 billion, reflecting a year-over-year increase of 17.4% [2]. - The company revised its revenue guidance for 2025, adjusting the lower end from $16.1 billion - $16.9 billion to $16.4 billion - $16.9 billion [2]. Management Commentary - Tony Guzzi, Chairman, President, and CEO, highlighted that the company's Remaining Performance Obligations are at an all-time high, indicating a strong pipeline and positive outlook for the remainder of the year [3]. Analyst Reactions - Following the strong Q2 results, many analysts raised their price targets for EMCOR, with DA Davidson increasing its target from $515 to $725 [3]. - Jim Cramer noted that the stock has received less hype, suggesting potential for future growth [3]. Company Overview - EMCOR Group, Inc. is a leader in mechanical and electrical construction, industrial and energy infrastructure, and building services, providing critical infrastructure services to various businesses and public sector clients [4].

Company Overview - EMCOR is a skilled trades company that employs plumbers, pipe fitters, electricians, sprinkler fitters, HVAC technicians, and operating engineers, indicating a strong workforce in the trades sector [2] - The company focuses on building, fixing, retrofitting, and ongoing maintenance of systems, showcasing its comprehensive service offerings [3] Business Segments - EMCOR's operations are divided into two main segments: mechanical and electrical, which account for approximately 70% to 75% of the company's overall business [3] - Within the Building Services segment, mechanical services contribute about 70% to 75% of the revenues, highlighting the significance of this area in the company's revenue structure [3]

Group 1 - The core point of the article highlights the recent stock transfer of Zhongshen Jianye (02503) from Beta International Securities to Bank of China (Hong Kong), with a market value of HKD 145 million, accounting for 9.80% of the total shares [1] - Zhongshen Jianye operates as a general contractor or subcontractor, responsible for overall coordination and management of construction projects, providing various construction services including building engineering, municipal public works, foundation engineering, and specialized contracting [1] - The company reported a significant decline in its mid-year performance for 2025, with revenues of HKD 201 million, a decrease of 46.9% year-on-year, and a loss attributable to shareholders of HKD 11.81 million, compared to a profit of HKD 335,000 in the same period last year [1] Group 2 - The decrease in revenue is primarily attributed to a reduction in construction project activities during the reporting period [1]

Core Insights - On September 5, shareholders of Zhongshen Jianye (02503) transferred shares from Beta International Securities to Bank of China (Hong Kong), with a transfer value of HKD 145 million, accounting for 9.80% of the total shares [1] Company Performance - Zhongshen Jianye, acting as a general contractor or subcontractor, is involved in overall project coordination and management, providing various construction services including construction engineering, municipal public works, foundation engineering, and specialized contracting [1] - The company reported a revenue of HKD 201 million for the first half of 2025, representing a year-on-year decrease of 46.9% [1] - The company recorded a loss attributable to shareholders of HKD 11.81 million, compared to a profit of HKD 335,000 in the same period last year [1] - The decline in revenue is primarily attributed to a reduction in construction project activities during the reporting period [1]

Core Viewpoint - Zhongshen Jianye (02503) experienced a significant drop in stock price, falling over 74% to reach a historical low after a previous six-day increase of 70% [1] Company Performance - The company reported a revenue of 201 million HKD for the mid-term of 2025, representing a year-on-year decrease of 46.9% [1] - The loss attributable to the company's owners was 11.81 million HKD, compared to a profit of 335,000 HKD in the same period last year [1] - The decline in revenue is primarily attributed to a reduction in construction project activities during the reporting period [1]