Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(Incorporated in the Cayman Islands with limited liability)
(Stock Code : 3311)
ANNOUNCEMENT
OPERATING INFORMATION FOR THE ELEVEN MONTHS
ENDED 30 NOVEMBER 2018
This announcement is made by China State Construction International Holdings Limited (the "Company", together with its subsidiaries (collectively the "Group")) pursuant to the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) and Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").
The Company wishes to provide to its shareholders the attached operating information which contains certain operating data of the Group for the eleven months ended 30
November 2018 (the "Monthly Update"). The Monthly Update is also available on the website of the Company(www.csci.com.hk).
The Monthly Update has been prepared based on internal management records of the Group which have not been audited or reviewed by external auditors, and as such the data is for investors' information only. Such data may differ from figures to be disclosed in the audited or unaudited consolidated financial statements to be published by the Company on an annual, semi-annual or quarterly basis due to various uncertainties during the process of collection and collating of such data. The Monthly Update does not constitute, nor should it be construed as, an offer or solicitation for the purchase or sale of any securities or financial instruments of the Group. It does not and it is not intended to provide any investment service or investment advice.
Shareholders of the Company and potential investors should exercise caution when investing or dealing in the securities of the Company. You are also recommended to consult your own professional or financial advisers if you are in doubt as to your investment positions.
By Order of the Board
China State Construction International Holdings Limited
Zhou Yong
Chairman and Executive Director
Hong Kong, 10 December 2018
As at the date of this announcement, the Board comprises Mr. Zhou Yong (Chairman), Mr. Zhang Haipeng (Chief Executive Officer), Mr. Tian Shuchen, Mr. Zhou Hancheng and Mr. Hung Cheung Shew as Executive Directors; and Dr. Raymond Ho Chung Tai, Mr. Adrian David Li Man Kiu, Dr. Raymond Leung Hai Ming and Mr. Lee Shing See as Independent Non-executive Directors.
(Incorporated in the Cayman Islands with limited liability)
(Stock Code : 3311)
MONTHLY UPDATE
OPERATING INFORMATION FOR THE ELEVEN MONTHS
ENDED 30 NOVEMBER 2018
The Group recorded an accumulated new contract value of HK$110.68 billion in the eleven months ended 30 November 2018, and hence achieved a 92.2% completion of the full year target of 2018 (which has been revised up to no less than HK$120.0 billion).
As of 30 November 2018, the on-hand contract value of the Group amounted to approximately HK$369.68 billion, among which the backlog was approximately HK$237.94 billion.
Major New Contracts Awarded in November 2018 include:
Yunhu Smart City Project Phase 1, Zhengzhou, Henan Province (The attributable contract value of the Group is about HK$4.50 billion. Such project includes office, apartment, residence and commercial buildings, with a total gross floor area of 839,000 square meters. The construction period is about 36 months.);
Relocation Commodity Housing Project, Fuzhou, Fujian Province (The attributable contract value of the Group is about HK$0.53 billion. Such project includes relocation housing, residence and commercial buildings with a total gross floor area of 139,000 square meters. The construction period is about 27 months.).
New Contract Awarded
(HK$ billion) | Eleven Months ended 30 November 2018 |
Mainland China | 73.18 |
Hong Kong | 26.31 |
Macau | 7.10 |
Far East Global Group Limited ("Far East Global") * | 4.09 |
Total | 110.68 |
* As Far East Global Group Limited ("Far East Global") announces its operating data on a quarterly basis,
the figures in this row will be updated in the monthly update of operating information of the Company for December 2018 after Far East Global has announced its operating information for the fourth quarter of 2018.
Project in Progress
(HK$ billion) | As of 30 November 2018 | |
Total Value | Backlog | |
Mainland China | 275.32 | 189.63 |
Hong Kong | 63.78 | 35.85 |
Macau | 19.24 | 6.04 |
Far East Global** | 11.34 | 6.42 |
Total | 369.68 | 237.94 |
** As Far East Global Group Limited ("Far East Global") announces its operating data on a quarterly basis,
the figures in this row will be updated in the monthly update of operating information of the Company for December 2018 after Far East Global has announced its operating information for the fourth quarter of 2018.
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China State Construction International Holdings Ltd. published this content on 10 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 December 2018 08:59:01 UTC