CHINA COMM CONS Reports Q1 Contract Awards of 556.24 Billion Yuan, Up 0.58% Year-on-Year

Stock News
04/28

CHINA COMM CONS (01800) announced its contract awards for the first quarter of 2026. The Group secured new contracts totaling RMB 556.24 billion, representing a year-on-year increase of 0.58%. This figure achieved 29% of the annual target, which is based on a projected 2.6% growth from the RMB 1,883.672 billion in contract awards approved by the board for 2025.

Categorized by business segment, the new contract values were as follows: New Quality Infrastructure Business reached RMB 539.971 billion, Design and Consulting Business amounted to RMB 13.44 billion, and Other Businesses totaled RMB 2.829 billion.

Broken down by market sector, the new contract awards were distributed as follows: Comprehensive Transportation accounted for RMB 260.853 billion, Comprehensive Urban Development for RMB 203.819 billion, Comprehensive Water Resources for RMB 29.497 billion, Comprehensive Digital for RMB 8.427 billion, Comprehensive Green Development for RMB 50.379 billion, and Other Sectors for RMB 3.265 billion.

Contracts secured from overseas regions amounted to RMB 134.593 billion (approximately USD 18.855 billion), a significant increase of 25.93% year-on-year, constituting about 24% of the Group's total new contracts. Within this overseas portion, the New Quality Infrastructure Business accounted for RMB 133.378 billion, Design and Consulting Business for RMB 1.03 billion, and Other Businesses for RMB 185 million.

New contract awards in emerging business sectors, represented by energy conservation and environmental protection, new energy, new materials, and new-generation information technology industries, reached RMB 127.342 billion. This demonstrates the phased achievements in the Group's transformation and development.

Based on the Company's equity share, the contract value for infrastructure investment projects was confirmed at RMB 35.657 billion, a substantial increase of 142.07% year-on-year. The estimated construction and installation contract value that the Group is projected to undertake in the design and construction phases is RMB 33.211 billion.

The major contracts signed by the Group from January to March 2026 refer to individual projects with a contract value exceeding RMB 1 billion and accounting for more than 10% of the contract value for that specific business industry type during the quarter.

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