Summary of Conference Call Notes on Zhonggong International Company Overview - **Company**: Zhonggong International - **Industry**: Engineering and Equipment Manufacturing Key Points and Arguments 1. **Project Financing and Progress**: Financing for the AB section of the international project has been secured, and substantial progress is being made. New contracts include the Demerara Hospital project in Guyana and various hospital design projects in China, including Xiong'an Hospital and several airport terminals [3][4][25]. 2. **International Market Expansion**: The company has seen a 200% year-on-year increase in international revenue, with plans to continue expanding into Russian-speaking regions, Southeast Asia, and Brazil [2][5][8]. 3. **Equipment Manufacturing as Core Business**: Equipment manufacturing is identified as the primary business segment, with a focus on mergers and acquisitions to enhance scale and capabilities. The company aims to leverage its complete industrial chain advantage [4][25]. 4. **Environmental Equipment Leadership**: The company’s environmental equipment segment, particularly in waste handling technology, holds a market share of 70%-80%. Plans are in place to expand internationally to maintain this competitive edge [7][8]. 5. **Ski Lift Business Growth**: The ski lift segment has benefited from the snow economy, with a domestic market share of 70%-80%. The company plans to expand internationally, targeting regions with high demand for ski infrastructure [5][6]. 6. **New Base Construction**: Jiangnan Environment, a subsidiary, is set to begin construction on a new base in December 2024, focusing on seawater desalination and water treatment equipment [11]. 7. **Strategic Focus on Emerging Industries**: The company is concentrating on strategic emerging industries, including data centers and renewable energy, with a goal to increase their revenue contribution significantly by 2025 [20][17]. 8. **International Engineering Projects**: The company is actively pursuing international engineering projects, particularly in Latin America and the Middle East, with a focus on high-quality, efficient construction capabilities [23][25]. 9. **Market Size and Growth Potential**: The global market for environmental and main equipment is ten times larger than the Chinese market, indicating significant growth potential for international expansion [9][19]. 10. **Future Revenue Projections**: The company anticipates stable revenue from engineering projects in 2025, with a cautious approach to opportunities in Africa due to existing economic challenges [23]. Additional Important Information - **Revenue Composition**: Approximately 20%-30% of Zhonggong International's overall revenue comes from international operations, highlighting the importance of global markets for future growth [7][8]. - **Corporate Governance and Reform**: The company is undergoing reforms to enhance corporate governance and improve operational efficiency, with specific measures planned for 2025 [15][17]. - **Market Adaptation**: The company is adapting to policy changes affecting project approvals and funding, particularly in the public-private partnership (PPP) space [19]. This summary encapsulates the key insights from the conference call, focusing on Zhonggong International's strategic initiatives, market positioning, and future growth prospects.

证券代码：002051 证券简称：中工国际 公告编号：2025－005 中工国际工程股份有限公司 关于全资子公司案件进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 特别提示： 1、案件所处的阶段：仲裁受理。 2、所处的当事人地位：公司全资子公司中国中元国际工程有限 公司为申请人（原诉讼案件原告）。 3、涉案金额：171,305,991.17 元（包括工程款 155,590,304.71 元、 利息 15,715,686.46 元）。 4、对公司利润的影响：案件处于仲裁受理阶段，尚未开庭，裁 决结果存在不确定性，因此对公司本期利润或期后利润的影响存在不 确定性。 中工国际工程股份有限公司（以下简称"公司"）全资子公司中 国中元国际工程有限公司（以下简称"中国中元"）于 2025 年 1 月 26 日收到北京仲裁委员会（以下简称"北京仲裁委"）送达的案件受 理通知，现将相关事项公告如下： 一、原诉讼案的前期公告情况 因唐山市中心医院有限公司（以下简称"唐山中心医院"）就唐 —1— 山市中心医院的建设项目未足额履行付款义务，中国中元于 2022 年 9 月 ...

证券代码：002051 证券简称：中工国际 公告编号：2025－004 中工国际工程股份有限公司 2024 年第四季度经营情况简报 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 中工国际工程股份有限公司（以下简称"公司"）2024 年第四季 度主要经营情况如下： 一、主要经营数据 2024 年第四季度，公司国际工程业务新签重要合同 3 个，新签 合同额为 8.38 亿美元，包括：尼加拉瓜布卢菲尔兹深水港一期建设项 目等。2024 年，公司国际工程业务新签重要合同 13 个，新签合同额 累计为 24.11 亿美元，同比增长 4.42%；国际工程承包业务生效合同 额 11.54 亿美元，保持在较高水平。截至 2024 年末，公司国际工程业 务主要在执行项目 38 个，在手合同余额为 93.33 亿美元。 2024 年第四季度，公司国内工程承包业务新签合同额为 7.06 亿 元，包括：蛇口影剧院升级改造工程项目（设备及室内装修部分）设 计采购施工总承包（EPC）、锦州零碳产业园新型储能园区建设项目总 承包 EPC 等；咨询设计业务新签合同额为 5.87 亿元，包括 ...

中工国际工程股份有限公司 金融衍生业务管理办法 第三条 本办法所管理的金融衍生业务包括公司在境内 外从事的以商品为标的资产的商品期货业务（以下简称商品 - 1 - 类衍生业务）和以货币、利率、汇率为标的资产的远期合约、 掉期业务（以下简称货币类衍生业务）。除此之外，公司及 各下属企业不得开展期权等其他金融衍生业务。 第四条 公司开展金融衍生业务须遵循以下四个原则： （一）依法合规原则：开展金融衍生业务应当遵守国家 有关金融、期货、外汇、行业监管、公司制度等方面的管理 规定，依法合规开展业务。 （二）稳健审慎原则：开展金融衍生业务应坚持稳健审 慎原则，坚持以客观需求和必要性作为业务开展的前提，树 立"风险中性"理念，根据公司的风险承受能力确定交易规 模及期限，禁止盲目冒进，减少商品或货币波动对经营利润 的影响，保持公司健康平稳发展。 （三）套期保值原则：开展金融衍生业务要严守套期保 值原则，以降低实货风险敞口为目的，与实货的品种、规模、 方向、期限相匹配，与企业资金实力、交易处理能力相适应， 不得开展任何形式的投机交易。公司从事套期保值业务的 期货品种应当仅限于与公司生产经营相关的产品或者所需 的原材料。 第一 ...

证券代码：002051 证券简称：中工国际 公告编号：2025－002 中工国际工程股份有限公司 第八届董事会第三次会议决议公告 本议案经董事会审计委员会 2025 年第一次工作会议审议通过后 —1— 提交董事会审议。 2、以 7 票同意，0 票反对，0 票弃权，同意票占本次董事会有表 决票董事总数的 100%，审议通过了《关于中工国际工程股份有限公 司机构调整的议案》。为巩固发挥乌兹别克斯坦既有市场竞争优势， 深入实施属地化经营，培育具有支撑作用的支柱市场，同意将第四、 第五工程事业部合并，成为新第五工程事业部，将现有乌兹别克斯坦 市场从新第五工程事业部拆分出来，成立新第四工程事业部。新第四 工程事业部将做好乌兹别克斯坦在执行项目的同时，聚焦优势领域加 大市场开发力度，辐射带动周边国家市场，积极开展业务模式创新， 提升公司在国际工程市场的专业竞争力。 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 一、会议召开情况 中工国际工程股份有限公司（以下简称"公司"）第八届董事会 第三次会议通知于 2025 年 1 月 6 日以专人送达、电子邮件形式发出。 会议于 ...

Financial Performance - Total revenue for 2024 was approximately CNY 12.27 billion, a decrease of 0.75% compared to the previous year[4] - Operating profit increased by 5.04% to CNY 553.79 million, while total profit decreased by 1.92% to CNY 520.47 million[4] - Net profit attributable to shareholders was CNY 360.65 million, a slight increase of 0.04% year-on-year[4] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 277.22 million, down 37.12% from the previous year[4] Assets and Equity - Total assets increased by 8.60% to CNY 24.57 billion compared to the beginning of the reporting period[4] - Shareholder equity rose by 1.82% to CNY 11.43 billion[4] Strategic Focus and Projects - The company is focusing on new market layouts and strategic emerging industries to enhance high-quality development[5] - Key projects include the construction of a 500,000-ton soda ash plant in Kazakhstan and the expansion of the Punta Huete International Airport in Nicaragua[5] - The company is actively increasing investment in integrated project development in sectors such as healthcare, logistics, and clean energy[5] International Contracts - The company signed new international engineering contracts worth USD 2.411 billion, an increase of 4.42% year-on-year[5]

Summary of Conference Call Records Company and Industry Overview - The records discuss the developments and strategies of a Chinese engineering and construction company, particularly focusing on its international operations and market positioning in the mechanical engineering sector. The company has a historical background dating back to the 1950s and has evolved significantly since then, especially after the restructuring of China Zhongyuan and Beiqi Institute in 2019 [1][2][12]. Key Points and Arguments Industry Positioning and Market Strategy - The company has established itself as a leader in the international engineering contracting market, with a focus on both domestic and international markets, creating a dual circulation model [2][12]. - The company has been actively expanding into emerging markets, particularly in the Middle East and Latin America, while also deepening its presence in traditional markets [6][8][10]. - The company has a strong emphasis on technological capabilities and has been recognized for its advanced engineering solutions, particularly in sectors like healthcare, airport logistics, and energy engineering [3][4][9]. Financial Performance - The company reported a slight increase in revenue year-on-year, with a 10% growth in new international contracts and a significant 118% increase in effective contracts during the first three quarters [6][7][10]. - The gross profit margin has shown improvement, reaching 17.15% in the third quarter of 2024, indicating effective project management and cost control [4][6]. Project Highlights - The company has been involved in significant projects, including the construction of national supercomputing centers and major scientific infrastructure, with a notable completion rate in healthcare projects exceeding 25% among China's top hospitals [3][4]. - Recent projects include the Nicaragua International Airport renovation, which has already received prepayment, and various domestic projects in healthcare and energy sectors [14][16]. Competitive Advantages - The company leverages its extensive experience in overseas projects, having established over 70 branches in more than 100 countries, which provides a competitive edge over newer entrants in the market [9][12]. - The integration of advanced design capabilities from China Zhongyuan and manufacturing strengths from Beiqi Institute enhances the company's overall service offerings and market competitiveness [10][12]. Future Outlook - The company is optimistic about future growth, particularly in the context of the Belt and Road Initiative, which is expected to provide substantial opportunities for international engineering projects [11][12]. - The focus on innovative financing solutions, such as the use of RMB in international projects, is seen as a strategic move to enhance the company's market position and support its growth trajectory [16]. Other Important Insights - The company has maintained a leading market share in various sectors, including automated warehousing and environmental protection equipment, with a strong emphasis on meeting international standards [4][3]. - The records highlight the importance of adapting to market changes and the need for continuous innovation in project execution and management to sustain competitive advantages in a challenging economic environment [10][12].

Group 1 - The new base project is an industrial initiative involving investment from Zhonggong Environment Technology, Jiangnan Environmental Construction, and design by China Zhongyuan, marking the first investment in equipment manufacturing and industrialization by Zhonggong International [1] - The groundbreaking ceremony for the new high-end environmental equipment industrialization base was held on December 18, organized by Jiangnan Environmental, a subsidiary of Zhonggong International [1]

2024 年度公司按 15%的税率计提企业所得税，本次通过高新技 术企业复审所获税收优惠政策不影响公司 2024 年度经营业绩。 特此公告。 中工国际工程股份有限公司（以下简称"公司"）于 2009 年被认 定为高新技术企业，并先后于 2012 年、2015 年、2018 年、2021 年 通过复审，取得相关主管部门颁发的《高新技术企业证书》。 近日，公司再次通过了高新技术企业复审，并收到了北京市科学 技术委员会、北京市财政局、国家税务总局北京市税务局联合颁发的 《高新技术企业证书》，证书编号为 GR202411000797，发证时间为 2024 年 10 月 29 日，有效期三年。 根据相关规定，公司将在高新技术企业资格有效期内继续享受国 家关于高新技术企业的相关税收优惠政策，按 15%的税率缴纳企业所 得税。 证券代码：002051 证券简称：中工国际 公告编号：2024－063 中工国际工程股份有限公司 关于通过高新技术企业复审的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 中工国际工程股份有限公司董事会 2024 年 12 月 18 日 ...

中工国际工程股份有限公司经营合同公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 2024 年 12 月 16 日，中工国际工程股份有限公司全资子公司中 国中元国际工程有限公司（以下简称"中国中元"）与深圳市南山区 蛇口街道办事处签署了蛇口影剧院升级改造工程项目（设备及室内装 修部分）设计采购施工总承包（EPC）合同。 证券代码：002051 证券简称：中工国际 公告编号：2024－062 一、合同主要内容 蛇口影剧院升级改造工程项目（设备及室内装修部分）设计采购 施工总承包（EPC）合同金额为人民币 25,648.27 万元，该项目位于深 圳市南山区蛇口街道办辖区中心区域。项目内容为蛇口影剧院工程项 目的升级改造，包括完成工程建设内容的工程设计、采购和工程施工 等内容。 二、交易对方情况介绍 蛇口影剧院升级改造工程项目（设备及室内装修部分）设计采购 施工总承包（EPC）合同的交易对方为深圳市南山区蛇口街道办事处。 深圳市南山区蛇口街道办事处是南山区政府派出机构，主要职责是蛇 口街道的管理，具有履约能力。 —1— 深圳市南山区蛇口街道办事处与公司不存在关联 ...