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Xinjiang Communications Construction Group Co Ltd Class A

Xinjiang Communications Construction Group Co., Ltd. builds transportation infrastructure in China and internationally. It operates in three segments: Construction Business; Material Sales; and Survey, Design, Testing and Inspection, and Others. Its activities include contracting and constructing domestic and overseas highway projects, selling highway construction materials, and providing survey, design, and testing services. The company was founded in 1999 and is based in Urumqi, China.

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Xinjiang Communications Construction Signs Settlement with Qapqal County Government: 249 Million Yuan Debt to Be Repaid Over Ten Years

Xinjiang Communications Construction announced that its board of directors has approved the proposal on signing and implementing a debt restructuring. Because the Qapqal County Government's original plan to offset the debt with state-owned agricultural land contracting rights could not be implemented due to policy adjustments, the two sides agreed that the county government will resume fulfilling its original debt of 249 million yuan to the company, to be repaid over ten years, with capital occupation interest calculated at an annual rate of 2.65 percent.
002941.CS · Capital · Positive Board approved a debt restructuring under which the Qapqal County Government will repay the 249 million yuan debt over ten years with 2.65% annual interest, resolving a previously stalled receivable.
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Xinjiang Communications Construction's 2026 interim net profit was 182 million yuan, down 28.52% year on year

Xinjiang Communications Construction released its 2026 interim report, with net profit attributable to the parent company of 182 million yuan, a decrease of 28.52% compared with the same period last year. The company's total operating revenue was 3.43 billion yuan, up 35.37% year on year, achieving growth for two consecutive years. Net cash inflow from operating activities was negative 1.85 billion yuan, a decrease of 1.417 billion yuan compared with the same period last year. The company's latest asset-liability ratio was 71.11%, gross margin was 10.57%, ROE was 3.73%, and diluted earnings per share was 0.25 yuan.
002941.CS · Capital · Negative Net profit fell 28.52% year on year despite revenue growth, with negative operating cash flow.
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Xinjiang Communications Construction Wins 8 New Projects in Q2 with Signed Contracts Worth RMB 80.21 Million

Xinjiang Communications Construction announced that in its construction business for the second quarter of 2026, it won and signed contracts for 8 new projects with a total value of RMB 80.21 million. It also won 4 new projects that have not yet been signed, worth RMB 908 million. As of the end of the reporting period, the company had a cumulative total of 355 signed but unfinished projects, valued at RMB 22.14 billion. In terms of major projects, the Urumqi East Approach Elevated Road EPC general contracting project has a contract price of RMB 4.04 billion and is 100% complete. The Changji Prefecture key pipeline concession project has a contract price of RMB 2.15 billion and is 42.63% complete.
002941.CS · Demand · Positive Won and signed 8 new construction projects worth RMB 80.21 million in Q2, indicating strong demand for its services.
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