Weiye Construction (SZ:300621)2025-11-20 09:46Group 1: Investor Relations Activity - The company participated in the "2025 Annual Shenzhen Listed Companies Investor Online Reception Day" to enhance interaction with investors [2] - The event was held on November 20, 2025, from 14:30 to 17:00 via the "Panorama Network" investor relations interactive platform [2] - Key company representatives included the Chairman and President Zhu Jiafu, Vice President and Secretary of the Board Shen Qian, and Financial Director Hu Jianfeng [2] Group 2: Financial Performance and Management - The company has not received any notifications or plans regarding mergers and acquisitions [2] - Bad debt provisions are made in accordance with accounting standards and are influenced by the long project cycles and cash flow patterns in the construction decoration industry [3] - The company aims to improve operational quality and profitability through enhanced project execution and cost control in the fourth quarter [4] Group 3: Project Updates - The company recently won a total contract amounting to RMB 2.086 billion for the Macau University project, which is not associated with Huafa Group [3] - The company has previously engaged in projects related to data infrastructure but has not yet entered core data infrastructure construction [3] Group 4: Shareholder Concerns - Shareholders are implementing a share reduction plan disclosed on September 15, 2025, with the deadline for the plan set for January 13, 2026 [4] - The company acknowledges concerns regarding its market capitalization, which is influenced by macroeconomic conditions and market preferences, rather than solely by project wins [4][5] - The company emphasizes compliance with disclosure regulations and aims to maintain investor trust through transparent communication [5]