China State Construction's total new contracts in the first two months reached 719.8 billion yuan, up 0.9% year-on-year.

China State Construction Engineering Corporation (hereinafter referred to as “China Construction”) recently released a brief on its operational performance from January to February 2026. In the first two months of 2026, China Construction achieved a total new contract value of 719.8 billion yuan, a year-on-year increase of 0.9%, with overall order volume maintaining a steady upward trend.

In terms of construction business, the company signed new contracts worth 693.5 billion yuan, up 1.9% year-on-year. Among these, building construction accounted for 489.9 billion yuan, a 9.6% increase; infrastructure projects totaled 202.0 billion yuan; and surveying and design services amounted to 1.6 billion yuan. By region, domestic business reached 660.9 billion yuan, up 0.9%; overseas business was 32.6 billion yuan, a 26.6% increase, showing strong growth momentum. In physical volume indicators, the construction area of buildings was 1,402.09 million square meters; new construction started on 30.6 million square meters; and completed construction covered 20.79 million square meters, a 19.8% increase.

In the real estate sector, China Construction’s contract sales from January to February 2026 totaled 26.3 billion yuan, with a contract sales area of 840,000 square meters. The company purchased 70,000 square meters of land, and its land reserves at the end of February stood at 67.82 million square meters.

Additionally, China Construction announced major recent projects with a total value of 27.83 billion yuan. These include six building construction projects, mainly focusing on the general contracting of the Li Song Lang community land consolidation project in Guangming District, Shenzhen, Guangdong; the integrated application demonstration project of immersed liquid cooling intelligent computing center in Yaan, Sichuan; the EPC general contracting of infrastructure construction for the new display industry park in Mianyang, Sichuan; the second phase of the Damak Jakarta data center in Indonesia; the EPC general contracting for the design, procurement, and construction of the new energy battery R&D and manufacturing project in Dangshan County, Suzhou, Anhui; and the residential project on Plot F1b-01, Wedge-shaped Green Space, Zhangjiabang, Pudong New Area, Shanghai. One infrastructure project was also announced, involving the construction and operation of the Fujian Fuzhou MinTai Economic and Trade Sustainable Development Industrial Park and supporting infrastructure (Phase I).

(Editor: Wang Shijun)