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Smart construction boosts State Bank's profits every 3 days

Smart construction boosts State Bank's profits every 3 days

China State Construction International Holdings achieved a net profit of 4.33 billion yuan in the first half of the year, with a dividend payout ratio of 35.4%. Its strong financial results were highlighted by a net cash flow from operating activities of 3.796 billion yuan, accounting for 87.7% of net profit—the highest ratio in 15 years. The company adopted a strategic shift from traditional construction to modern industrialized building using the "Smart Construction – Integrated Modular Building" technology, which moved construction processes to factories, reducing project durations, lowering costs, decreasing reliance on labor, and helping the company withstand market fluctuations while improving operational performance. The company achieved notable successes in innovative projects, such as the Hong Kong Kai Tak Public Housing project, where a single unit was built every 30 minutes, and the Infection Control Centre for North Lantau Hospital, which was delivered within four months—making it the first infectious disease hospital fully reliant on modern construction technology. The Northern Metropolis area in Hong Kong is emerging as a new growth hub, with projected investments exceeding 3 trillion Hong Kong dollars to enhance infrastructure projects and expand the use of modular construction technology. Meanwhile, many of its projects on the Chinese mainland focus on urban renewal through modular building techniques, with new contract awards increasing by over 70%. The company is also expanding into second-tier cities, continuously broadening its presence, developing future projects, and strengthening its technological capabilities and competitiveness.

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