[Architecture & Education – sudoyong] in December, the growth rate of infrastructure investment was repaired, with steady growth and

Source: investors’ risk tips of Anxin Securities: investment is risky and for reference only.

Industry leaders and regional leaders benefit from the “national advance and people retreat” and the improvement of industry concentration.

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Investment perspective: in 2022, the construction industry will continue to embrace the “new economy” and actively integrate into the “double carbon” national strategy, and green buildings are expected to rise.

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2) On January 17, 2022, Ning Jizhe, director of the finance Associated Press and the National Bureau of statistics, said at a press conference on January 17 that policies such as moderately advanced infrastructure investment are being made.

Risk tips: the epidemic control is less than expected, the policy implementation is less than expected, the economic downside risk, the PPP promotion is less than expected, the decline of fixed asset investment, the risk of slow local financial growth, etc.

Suggestions on the main line of configuration: the fundamentals of the construction industry are improving as a whole.

Investment headlines # industry and policy developments 1) on January 18, 2022, the State Council issued the “14th five year plan” for the development of modern comprehensive transportation system, proposing that by 2025, a high-speed railway network with a speed standard of 250 kilometers and above should be adopted to cover more than 95% of cities with a population of more than 500000.

At the same time, the construction industry actively embraces the “new economy” and the “construction +” era is coming, opening up the future development space of the company.

On the main line of configuration, we suggest to actively lay out the “construction +” new business sector around the “two new and one heavy” infrastructure leaders and the “double carbon” background.

Both newly signed orders and performance are growing rapidly.

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