Group 1 - The core viewpoint of the articles highlights the steady growth in contract signing and operational performance of China State Construction Engineering Corporation (CSCEC) in the first nine months of 2025, with a total new contract amount of 3,293.6 billion yuan, reflecting a year-on-year increase of 1.4% [1] - In the construction business, the new contract amount reached 3,038.3 billion yuan, up 1.7% year-on-year, with infrastructure business contributing 1,014.4 billion yuan, showing a stable growth of 3.9% [1] - Domestic business accounted for 2,886.8 billion yuan, marking a 2.0% increase year-on-year, with significant physical indicators such as construction area of 1,570.51 million square meters and new construction area of 194.54 million square meters [1] Group 2 - In the real estate sector, CSCEC reported a contract sales amount of 255.3 billion yuan and a sales area of 9.52 million square meters in the first nine months, with September alone contributing 39.8 billion yuan [1] - The company acquired land reserves of 6.95 million square meters, bringing total land reserves to 74.97 million square meters by the end of the reporting period [1] - CSCEC recently disclosed significant project wins totaling 6.22 billion yuan, including a housing project in Sichuan and an infrastructure project for the Wuhan Metro Line 12 [1] Group 3 - On September 16, CSCEC launched a large model based on comprehensive industry data, aimed at supporting over 200 application scenarios across core business areas such as investment real estate and construction supply chain [2] - The "Good House" construction system has been piloted in 88 projects, including 74 commercial housing projects and 14 affordable housing projects across 20 provinces and municipalities [2]