China Communications Construction Co Ltd

China Communications Construction released its 2026 interim report. Total operating revenue was 333.16 billion yuan, down 1.16% year-on-year. Net profit attributable to the parent company was 7.277 billion yuan, down 23.95% year-on-year. Net cash flow from operating activities was negative 60.866 billion yuan, an increase of 16.435 billion yuan compared with the same period last year. The asset-liability ratio was 77.87%, up 1.98 percentage points year-on-year. Gross margin was 9.85%, down 0.79 percentage points year-on-year. Return on equity was 2.32%, down 0.65 percentage points year-on-year. Diluted earnings per share were 0.43 yuan, down 23.21% year-on-year.

China Communications Construction announced that in the first half of the year, the company's new contracts amounted to 902.949 billion yuan, a year-on-year decrease of 8.89%, completing 47% of the annual target and in line with the scheduled progress. Among them, new contracts for overseas business amounted to 241.678 billion yuan, equivalent to approximately 33.856 billion US dollars, a year-on-year increase of 20.61%. The driving role of overseas business continued to stand out, with its contribution to the company's new contracts rising to 27%.

On the evening of August 14, multiple listed companies on the Shanghai and Shenzhen stock exchanges issued announcements covering major matters, half-year results, shareholding changes, and large orders. Keda Manufacturing terminated its purchase of a 51.55 percent stake in Tefu International. Zhongheng Electric's controlling shareholder, Zhongheng Technology Investment, received a capital increase of 4.1 billion yuan from CATL, subscribing to 14.4118 million yuan of new registered capital, and the two sides signed a strategic cooperation agreement. Huashi Technology plans to buy a 30 percent stake in Aoxing Technology for 300 million yuan. Haitong Development's wholly owned subsidiary plans to invest no more than 600 million yuan to build two 62,000 deadweight ton multipurpose heavy-lift vessels. Zhiyang Innovation plans to raise no more than 904 million yuan through a private placement. Fuleide plans to raise no more than 1.176 billion yuan through convertible bonds. In half-year results, Kweichow Moutai posted first-half net profit of 44.517 billion yuan, down 1.95 percent year on year. Satellite Chemical posted net profit of 6.226 billion yuan, up 126.94 percent. Shengyi Technology posted net profit of 3.287 billion yuan, up 130.42 percent. Ping An Bank posted net profit of 25.696 billion yuan, up 3.3 percent, and plans to pay a dividend of 2.49 yuan per 10 shares. China Communications Construction signed new contracts worth 902.949 billion yuan in the first half, down 8.89 percent year on year. In addition, Fuwei Shares received a seat project nomination from a joint-venture brand customer, with an estimated total life-cycle sales value of 2.86 billion yuan. A subsidiary of Shaanxi Construction Engineering won the bid for a 1.156 billion yuan Yunjing Intelligent Computing Center project. A subsidiary of Zhejiang Construction Investment won the bid for a project worth 2.497 billion Hong Kong dollars.