Core Viewpoint - China State Construction Engineering Corporation (CSCEC) shows a mixed performance in financing activities, with a slight increase in stock price but a net outflow in financing, indicating a cautious market sentiment towards the company [1][2]. Financing Summary - On October 16, CSCEC's stock price increased by 0.53%, with a trading volume of 1.306 billion yuan. The financing buy-in amounted to 138 million yuan, while financing repayments reached 212 million yuan, resulting in a net financing outflow of 74.45 million yuan [1]. - The total financing and securities lending balance for CSCEC stood at 4.294 billion yuan, with the financing balance at 4.289 billion yuan, accounting for 1.84% of the circulating market value, which is below the 50th percentile level over the past year, indicating a low financing level [1]. Securities Lending Summary - On the same day, CSCEC repaid 42,000 shares in securities lending and sold 197,400 shares, with a selling amount of approximately 1.1153 million yuan based on the closing price. The remaining securities lending volume was 869,400 shares, with a balance of 4.9121 million yuan, also below the 40th percentile level over the past year, reflecting a low level of securities lending [1]. Company Overview - CSCEC, established on December 10, 2007, and listed on July 29, 2009, is headquartered in Beijing. The company specializes in construction, installation, consulting, infrastructure investment, and real estate development, among other services [2]. - As of June 30, 2025, CSCEC reported a revenue of 1,108.307 billion yuan, a year-on-year decrease of 3.17%, while the net profit attributable to shareholders was 30.404 billion yuan, reflecting a year-on-year increase of 3.24% [2]. Shareholder and Dividend Information - CSCEC has distributed a total of 1,040.48 billion yuan in dividends since its A-share listing, with 331.13 billion yuan distributed over the past three years [3]. - As of June 30, 2025, the number of shareholders decreased by 9.46% to 344,800, while the average circulating shares per person increased by 10.45% to 119,846 shares [2][3].