In less than 5 months, the 60s of directors in the board of directors of China Railway Construction (601186) gradually retreated.
On the evening of December 28, China Railway Construction announced that Wang Jianping applied for resignation of the chairman, executive director and chairman of the board of directors for his age. After his resignation, Wang Jianping no longer held any position in the company.At the same time, Liu Ruchen, executive director, also resigned from his position due to age.
In China Railway Construction's 2022 financial report, there were 9 boards of China Railway Construction Directors, namely Chairman Wang Jianping, President Zhuang Shangbiao, Executive Director Chen Dayang, Executive Director Liu Ruchen, Non -Executive Director Ji Lieyang, Doen DirectoDong Zhao Lixin, independent Dong Xie Guoguang, and Du Dong Qian Weilun.
Among them, the chairman Wang Jianping, who was born in 1960, was 63 years old; Zhuang Shangbiao, the president born in 1962, was 61 years old; Chen Dayang and Liu Rochen, executive director born in 1963, were 60 years old.
On August 2 this year, Chen Dayang resigned as an executive director of China Railway Construction.Later, Zhuang Shangbiao resigned as an executive director position.The reason is that Chen Dayang and Zhuang Shangbiao have reached the retirement age.Wang Lixin and Ni Zhen made up for the company's executive director. The new president Wang Lixin became the post -70s and was 53 years old.
China Railway Construction Annual Report introduced that the company was formerly a railway soldier, which was exclusively launched by China Railway Construction Corporation (renamed as China Railway Construction Group Co., Ltd.).Management of large -scale construction enterprises.On March 10 and March 13, 2008, the company's RMB domestic shares (A shares) and foreign listed foreign shares (H shares) were listed on the market.Its business covers engineering contracting, planning and design consulting, investment operations, real estate development, industrial manufacturing, material logistics, green environmental protection, industrial finance and other emerging industries.
Wang Jianping, who graduated from the power system and its automation of Xi'an Jiaotong University, has previously served as the secretary of the party committee and chairman of the China Enterprise Enterprise China Enterprise China Energy Construction Group.During Wang Jianping's helm for more than three years, China Railway Construction revenue was over trillion yuan for the first time.
In 2021, China Railway Construction realized operating income of 102.01.2 billion yuan, an increase of 12.05%year -on -year; the total profit was 35.151.4 billion yuan, an increase of 11.63%year -on -year; net profit was 29.3152 billion yuan, an increase of 14.03%year -on -year.
However, since this year, China Railway Construction has encountered a lot of challenges.In the first three quarters, China Railway Construction realized revenue of 806.463 billion yuan, an increase of 1.01%year -on -year; net profit at home was 19.42 billion yuan, an increase of 3.47%year -on -year.According to the data in a single quarter, the total operating income of the third quarter was 265.403 billion yuan, an increase of 2.9%year -on -year.
It is worth noting that in the first three quarters, the total number of new contracts in China Railway Construction was 1786.2 billion yuan, a year -on -year decrease of 3.12%.Among them, the new domestic business signing contract was 1669.1 billion yuan, and the number of new contracts for overseas business was 117.1 billion yuan.As of September 30, 2023, the total amount of China Railway Construction Unlike was 7010.2 billion yuan.
In this regard, Wang Jianping replied at the performance briefing that the new contract in the first three quarters of this year has fallen slightly, mainly due to the decline in investment orders, affected by factors such as the PPP project library of the Ministry of Finance, and other factors.At the same time, the company has also strengthened the quality of order quality.
As of the closing of December 28, China Railway Construction received at 7.63 yuan per share, an increase of 1.46%, with a total market value of 103.6 billion yuan.Regarding the growth of performance and decline in stock prices, Wang Lixin said at the performance briefing that the company actively took various measures to boost the capital market confidence.First, major shareholders have implemented A -share shareholding plan. As of October 31, the company's controlling shareholders have increased their holdings of 5.25 million shares, with an investment amount of 42.1841 million yuan.
The Research Report of Guoxin Securities has shown that China Railway Construction's overall performance is stable, the profitability has improved slightly, and the cash flow is under pressure.The increase in major shareholders shows its confidence in the company's future operations.Tianfeng Securities has given risk prompts such as the growth of infrastructure investment, no expectations for engineering orders, failure to concludes by the project, the repair of overseas demand is lower than expected, and the weakening advantage of the central enterprise project expansion.
