002302SZSE

Announcement on the Progress of the "Quality and Return Double Enhancement" Action Plan

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This announcement details the progress of China West Construction Group's "Quality and Return Double Enhancement" action plan. The company has consolidated its core business, achieving significant contract wins and project milestones. It has also deepened its market layout, expanded into emerging industries, and improved its management capabilities. Innovation and investor relations have been strengthened, with a focus on sustainable development and shareholder returns.

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Stock Code: 002302 Stock Abbreviation: West Construction Announcement Number: 2026-013 China West Construction Group Co., Ltd. Announcement on the Progress of the "Quality and Return Double Enhancement" Action Plan

The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.

China West Construction Group Co., Ltd. (hereinafter referred to as the "Company") has thoroughly implemented the guiding principles of the Central Political Bureau meeting's call to "activate the capital market and boost investor confidence" and the State Council's executive meeting's requirement to "vigorously improve the quality and investment value of listed companies, and take more forceful and effective measures to stabilize the market and confidence." In conjunction with its development strategy and business plan, the Company has formulated and disclosed the "Quality and Return Double Enhancement" action plan. The progress in 2025 is hereby announced as follows.

I. Focusing on Quality Improvement and Efficiency Enhancement of Core Business, Operating Quality Steadily Improves

  1. Consolidation of Core Business Advantages. Marketing quality and customer structure have been continuously optimized. Throughout the year, 9 company-level strategic customers and 39 regional-level customers were signed. The signing volume with the eight major central construction enterprises accounted for 47%, and the signing volume for infrastructure projects accounted for 44%, with urban external infrastructure projects increasing by 33% year-on-year. Key projects have yielded fruitful results. The Huaneng Shapu Nuclear Power Project set a new record for the Company's single-project signing volume in China. Performance services have strengthened the brand. The Zhonglian Heavy Industry Headquarters R&D Building project, with its 611.77-meter ultra-long plain concrete curtain wall, successfully set a Guinness World Record. The Wuhan Yangtze River Center project achieved the highest single-pump height for all-lightweight concrete in China.

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