Contract Performance - The total new contracts signed by the company in 2023 amounted to RMB 1,753.215 billion, representing a year-on-year growth of 13.68% and exceeding the annual target by 3.53%[2] - In Q4 2023, the company signed new contracts worth RMB 581.471 billion, contributing to a total of RMB 1,753.215 billion for the year, compared to RMB 1,542.256 billion in the previous year[4] - The company achieved a total of 1,119 new contracts in the infrastructure construction sector during Q4 2023, with a total of 3,853 contracts for the year[4] Overseas Contracts - The new contracts signed from overseas regions reached RMB 319.746 billion (approximately USD 47.526 billion), a year-on-year increase of 47.5%, accounting for 18.24% of the total new contracts[3] - The overseas engineering business saw a significant increase of 41.45% in new contracts, totaling RMB 295.126 billion for the year[4] Infrastructure Construction - The infrastructure construction business accounted for RMB 513.946 billion in Q4 2023, with a total of RMB 1,558.482 billion for the year, reflecting a 14% increase compared to the previous year[4] Major Contracts - The company secured major contracts in Q4 2023, including a RMB 15.874 billion contract for the Saudi Seidra Phase 3-5 project and a RMB 6.011 billion contract for the Philippines oil refining project[6] Dredging Business - The company’s total new contracts in the dredging business reached RMB 119.193 billion for the year, with a year-on-year growth of 11.76%[4] Future Expectations - The company anticipates a construction contract amount of RMB 150.140 billion in the design and construction phases based on its investment projects[3] Contract Execution Status - The company has no major signed contracts that are yet to be executed as of the report date[7]
中国交通建设(01800) - 2023 Q4 - 季度业绩