China Energy Engineering Corporation Limited reported that newly-signed contracts in the first quarter of 2026 totalled RMB 276.20 billion, a year-on-year decrease of 28.98%.\n\nConstruction and contracting remained the core contributor at RMB 249.43 billion, but slipped 31.49% from the prior-year period. Within this segment, traditional energy projects accounted for RMB 62.34 billion (-25.20%), while new energy and comprehensive smart-energy projects delivered RMB 137.96 billion (-17.90%). Urban construction and comprehensive transportation saw the steepest contractions, falling 65.81% and 98.83% respectively.\n\nTwo non-construction businesses expanded strongly. Survey, design and consulting rose 36.09% to RMB 8.88 billion, driven by a 45.50% jump in domestic orders and a 673.83% surge in “other” consulting work. Industrial manufacturing climbed 33.35% to RMB 12.18 billion. Other businesses registered RMB 5.72 billion, down 37.78%.\n\nDomestic contracts amounted to RMB 184.81 billion, a 35.71% decline, while overseas contracts were more resilient at RMB 91.39 billion, down 9.91%. The company noted that domestic energy-and-power contracts grew to 79.4% of total domestic orders, up from 65.2% a year earlier. Domestic survey, design and consulting expanded to 4.8% of domestic contracts versus 2.1% in the prior year, and domestic water-conservancy orders surged 236.6% year-on-year.\n\nManagement reiterated a strategic focus on high-quality development, green and low-carbon energy, and acceleration of emerging areas such as new-energy storage, computing-power coordination and green hydrogen. The proportion of spot-exchange contracts—intended to support cash-flow efficiency—rose to 99.6% domestically and 96.1% overseas.\n\nAll figures are preliminary and may differ from those disclosed in forthcoming periodic reports.
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