China MCC reports 11.8% drop in new contracts, overseas projects up

China Metallurgical Corporation (China MCC) announced its new contract value for January to October 2025 reached 845.07 bn yuan, an 11.8% decrease compared to the same period last year. However, new overseas contracts signed during this period increased by 7.3%, totaling 71.16 bn yuan.

In October, China MCC signed several significant engineering contracts with individual values exceeding 1 bn yuan. These include an 18.4 bn yuan contract for a village renovation project in Huangpu District, Guangzhou. Another contract, worth 13.5 bn yuan, was secured for the integrated management of the Xuejiping copper mine's mining and beneficiation production operations in Shangri-La. Additionally, a 11.4 bn yuan contract was awarded for the fourth phase of a comprehensive upgrade and supporting service facility construction project in Zhangqiu Bugu Village, Jinan.

The company emphasizes that these figures are preliminary and for investor reference only, with final data to be disclosed in periodic reports.