MCC sees strong overseas contract growth despite overall decline

Metallurgical Corporation of China Ltd. announced newly signed contracts totaling RMB845.07 billion for January to October 2025. This figure represents an 11.8% decrease compared to the same period last year. Notably, newly signed overseas contracts showed robust growth, increasing 7.3% to RMB71.16 billion.

The company highlighted several major engineering and construction contracts exceeding RMB1 billion signed in October. These include an RMB18.4 billion contract for the Urban Village Renovation Project in Guangzhou City by China MCC 17 Group, and an RMB13.5 billion overall management project for the Xuejiping Copper Mine in Shangri-La by China MCC 3 Group.

Additionally, MCC Communication Construction Group secured an RMB11.4 billion contract for the Comprehensive Upgrade and Supporting Service Facilities Construction Project (Phase IV) of the 4A-Level Scenic Area in Bucun, Jinan City. These figures are preliminary and intended for investors' reference.