CSCEC wins CNY 14.00 billion: China State Construction stock trails its high by 23.45 percent

Published on 10/12/2026 at 09:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

China State Construction secured CNY 14.00 billion of projects in September 2026. China State Construction stock sits below its CNY 5.80 high.

Key points in brief

China State Construction secured CNY 14.00 billion of construction and infrastructure projects in September 2026.
First-half 2026 net profit fell 24.34 percent year over year to RMB 23.00 billion, while new contracts reached RMB 2.46 trillion.
The stock was quoted at CNY 4.44 on October 12, 2026, with a CNY 4.20 to CNY 5.80 52-week range.

China State Con, CNE100000F46, Illustration mit AI erstellt.

China State Construction secured CNY 14.00 billion of construction and infrastructure projects in September 2026, giving China State Construction stock a project-led news hook while the broader operating picture remains mixed. Futunn reported the figure on September 29, 2026, citing MT Newswires.

September projects reach CNY 14.00 billion

The September award total covers construction and infrastructure work, according to Futunn. It adds a concrete order figure to a company whose recent operating data show strong overseas activity alongside pressure in domestic housing.

Profit falls as orders hold up

In the first half of 2026, China State Construction reported net profit attributable to shareholders of RMB 23.00 billion, down 24.34 percent year over year. The same period brought RMB 2.46 trillion of new contracts, down 1.50 percent year over year, while industrial-plant contracts rose 24.20 percent and data-center and computing-hub contracts surged 328.30 percent, according to Gelonghui on September 18, 2026.

The contrast matters for investors: contract volume is holding up better than earnings. Gelonghui reported that higher expense ratios and increased impairment charges weighed on net profit margins, while the company set a 2026 order-backlog target of RMB 4.60 trillion and projected operating revenue of RMB 2.10 trillion.

What does the order pipeline mean?

The order mix points toward a gradual shift from traditional housing toward industrial, infrastructure and overseas work. FilingReader reported that January-to-August 2026 new contracts reached RMB 2.87 trillion, down 0.30 percent year over year, while overseas contracts rose 57.40 percent to RMB 211.00 billion; new housing starts fell 23.10 percent to 139.00 million square meters.

Stock stays below CNY 5.80

China State Construction Engineering Corporation Limited was quoted at CNY 4.44 on the Shanghai Stock Exchange on October 12, 2026 at 2:51 a.m. CEST. Its 52-week range was CNY 4.20 to CNY 5.80, placing the quote 23.45 percent below the high.