China Energy Engineering Posts Modest Growth in 2025 New Contracts as New Energy and Urban Projects Accelerate
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China Energy Engineering Corporation Limited reported a 2.88% year-on-year increase in new contracts for 2025, totaling RMB1.45 trillion across 37,157 projects. The construction and contracting segment led with RMB1.35 trillion, while new energy and urban projects saw significant growth. Despite a decline in traditional energy contracts due to weaker overseas demand, domestic projects remained strong. Analyst ratings for the stock (HK:3996) are currently a Hold with a price target of HK$1.00. The company focuses on energy and infrastructure, including traditional and new energy sectors.
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