Shanghai Construction Group contracts fall 37% despite property surge
Shanghai Construction Group Co secured new contracts totaling RMB 1,302.45 billion in the first half of 2025, down 36.96% from the same period last year.
The company saw a 69.32% surge in new property development contracts, which contributed RMB 69.59 billion. Construction contracts made up the largest portion at RMB 979.58 billion.
Key new projects include the RMB 18.98 billion Zhujiajiao Ecological Residential Area and the RMB 14.48 billion Kashi Computing Power Industrial Park.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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