Contract Performance - The new contract amount signed by the company in Q1 2024 was RMB 507.298 billion, representing a year-on-year growth of 10.81% and achieving 25.49% of the annual target[2]. - The overseas new contract amount was RMB 91.235 billion (approximately USD 12.943 billion), a year-on-year increase of 9.37%, accounting for 18% of the total new contracts[2]. - The infrastructure construction business contributed RMB 464.426 billion to the new contracts, reflecting a year-on-year increase of 15.75%[4]. - The total new contracts signed in Q1 2024 were RMB 50.7298 billion, compared to RMB 45.7813 billion in the same period last year[4]. - The company aims to achieve a total new contract target of RMB 1,753.215 billion for the year 2023, with a growth rate of 13.50% expected[2]. Major Contracts - The company signed major contracts in Q1 2024, including a RMB 3.011 billion contract for the Jiangsu Suqian Weishui High-speed Railway project and a RMB 3.067 billion contract for the Chongqing Economic Development Zone project[6]. Infrastructure Investment - The total amount of contracts confirmed based on the company's share in infrastructure investment projects was RMB 26.734 billion, with an expected construction contract amount of RMB 21.503 billion[3]. - The total new contracts signed in Q1 2024 included 1,482 contracts in the infrastructure construction sector, maintaining the same number as the previous year[4]. Railway Construction Segment - The company reported a significant decrease in the railway construction segment, with a contract amount of RMB 4.935 billion, down 61.97% year-on-year[4]. Project Execution Status - The company has no major signed but unexecuted projects at this time[7].
中国交通建设(01800) - 2024 Q1 - 季度业绩