SCG: The net profit for the third quarter was 501 million yuan, a year-on-year decrease of 4.55%

SCG announced that its revenue for the third quarter was 53.037 billion yuan, a year-on-year decrease of 22.05%; net profit was 501 million yuan, a year-on-year decrease of 4.55%. Revenue for the first three quarters was 158.078 billion yuan, a year-on-year decrease of 26.14%; net profit was 1.211 billion yuan, a year-on-year decrease of 10.38%

SCG: From January to September, the cumulative amount of newly signed contracts is 192.122 billion yuan

According to the Zhitong Finance APP, SCG released the new contract situation for the first three quarters. From January to September, the company and its subsidiaries signed new contracts totaling RMB 192.122 billion. In the first three quarters, the company won 9 major construction projects with a bid amount of over RMB 1 billion, totaling RMB 11.484 billion; and won 46 major construction projects with a bid amount of over RMB 500 million, totaling RMB 37.037 billion

The popular stock SCG surged to the daily limit, achieving 6 consecutive trading limits in 8 days, with a transaction volume exceeding 5.5 billion yuan

SCG: Successfully issued 2 billion yuan medium-term notes

Shanghai Construction Group announced that the company has completed the issuance of the "Shanghai Construction Group Co., Ltd. 2025 Second Phase Medium-Term Notes," with the raised funds used to repay interest-bearing debts. The medium-term notes are referred to as 25 Shanghai Construction MTN002, with a term of 3+N years, an interest start date of September 19, 2025, and a maturity date of September 19, 2028. The planned total issuance amount is 2 billion yuan, and the actual issuance amount is also 2 billion yuan, with an issuance interest rate of 2.42%

SCG hit the daily limit and achieved a 5-day consecutive increase, with a cumulative increase of 61.0% over 5 days