Jiangsu Zhongnan Construction Group (000961.SZ): Focusing on high-quality development and leveraging the advantages of the entire industry chain.

Entering the second half of the industry, ensuring high-quality performance and delivery has become the focus of attention from all sectors of society, as well as an important task for corporate entities and a window for social responsibility. Not long ago, Jiangsu Zhongnan Construction Group (000961.SZ) disclosed the company's performance and delivery situation in the real estate and construction sectors, showing a positive attitude. In the real estate sector, from January to November this year, 136 batches of 80,000 units were delivered in 52 cities including Nanjing, Shaoxing, Wenzhou, and Tai'an. Adhering to the original intention, the real estate sector of Zhongnan Construction Group is dedicated to building a beautiful future, fully ensuring delivery, and implementing a well-established full-cycle service system for delivery in advance. It continues to promote project quality control measures such as "process and delivery assessment" and "eagle eye action" to achieve high-quality and high-value delivery. In the construction sector, from January to October, Jiangsu Zhongnan Construction Group delivered 50 performance projects with an area of 4.15 million square meters. At the same time, the company's major infrastructure projects are being accelerated. Among them, the main structure of Guangxi Street Station on Nanjing Metro Line 11 has been completed by 72%; the bottom plate of Changjiang Bridge North Station has been sealed; the bridge section of the Chongqing Bitong Line project has been completed; and the steel structure engineering of Tongliang West Station has been completed by 98%. The "Four River Tongzhi" Jiehe River management project in Luoyang City is nearing completion, with 78 sub-projects completed, accepted, and rectified, and sub-projects 1-6 are nearing completion. Zhongnan Construction Group has always adhered to the construction philosophy of "building character, building quality, and building brand", ensuring quality and quantity in performance, using hard work to create high-quality projects. It has won a total of 26 "Luban Awards," the highest honor in the industry for project quality awarded by China State Construction Engineering Corporation. Furthermore, it has also constructed a green and low-carbon sustainable development ecosystem through the use of innovative strategies and solutions such as new construction materials and steel structure technology to shape a better living environment, thereby contributing to achieving carbon peak and carbon neutrality in the industry. The construction industry has always been a major consumer of energy and a major emitter of carbon, with problems such as low efficiency, high pollution, and high energy consumption. With the advancement of global sustainable development and the "dual carbon" goals, ESG has become the focus of development for many companies. Jiangsu Zhongnan Construction Group, through the improvement of professional technology, achieves a closed-loop supply chain for energy-saving and low-carbon consumption, fully integrating green concepts into the entire life cycle of construction projects from design, construction to delivery and operation. Take the Zhongnan Taizhou Junqi project as an example. This project incorporates the concept of carbon neutrality from the beginning of the design stage by using LOW-E double-layer insulating curtain wall materials on the building facade, which has efficient thermal insulation properties, reducing the load on air conditioning and heating and effectively reducing carbon emissions. The use of asbestos is prohibited in the construction process, and lead content is strictly controlled, while mercury-containing electrical appliances are also prohibited. In addition, CECEP Solar Energy water heaters are installed on all available roof spaces to further promote Jiangsu Zhongnan Construction Group's green and low-carbon sustainable production and lifestyle. The construction of the Haimen Yueyuan project aims to achieve a three-star green building rating and emphasizes the flexible and innovative application of green technologies. The project uses a rainwater collection and storage system for irrigation and road watering, and uses extruded polystyrene boards with excellent thermal insulation properties as enclosure structure materials to reduce building energy consumption. In addition, the project uses a multi-split air conditioning system to improve energy efficiency and achieve cost reduction and efficiency enhancement. The application of these green building technologies not only enhances the ecological environment of the residential area but also reduces operational and maintenance costs, bringing significant economic and environmental benefits. In Chengdu, the Chunxi Ji project constructed by Jiangsu Zhongnan Construction Group adopts structural floor overlay boards and indoor ALC partition board technology, which demonstrates Jiangsu Zhongnan Construction Group's green and low-carbon concept from the perspectives of environmental benefits, economic benefits, and product quality. These projects that use green technology demonstrate Jiangsu Zhongnan Construction Group's contribution to national energy conservation and environmental protection, and provide valuable experience for the sustainable development of green ecological housing, which has a positive impact on promoting the development of resource-saving urban and rural construction in China. At the same time, in the wave of technological innovation, Zhongnan Construction Group, with decades of development experience in the construction field, explores the field of intelligent construction, carries out the research and development of intelligent aerial construction factories, and forms intelligent construction processes and equipment that are compatible with construction technology to promote the deep integration of industrialization and intelligent construction in the construction industry, and lead the industry's development. At present, Zhongnan Construction Group has advanced technological advantages and innovation capabilities such as NPC technology. Since 2007, Zhongnan has introduced and explored fully prefabricated assembly technology. Currently, Zhongnan's NPC technology has developed to the seventh generation the application of fully prefabricated concrete shear wall structures with butt joint connection technology based on corrugated pipe mortar anchor rebars, solving industry pain points from a practical level. Zhongnan's independently developed "prefabricated assembly building system using metal corrugated pipe mortar anchoring connection technology" is one of the two main connecting technologies in the prefabricated assembly building connection technology system. This innovative achievement has won the Second Prize of "2022 Engineering Construction Science and Technology Award" and is the chief editor of the Jiangsu Provincial Engineering Construction Standard "Technical Regulations for Assembly Integral Concrete Shear Wall Structures" DGJ32/TJ125-2016, which won the Third Prize of Jiangsu Provincial Construction Science and Technology Innovation Achievement in 2020. In addition, Zhongnan continues to promote the integrated application of Building Information Modeling (BIM) technology throughout the project life cycle. Zhongnan Construction established the BIM Research Center in 2013 and continuously explores technology research and development and application innovation of BIM. In recent years, the innovative development of this technology has formed a multidimensional and multi-stage BIM technology application system that integrates project design, construction, delivery, data feedback, etc.The BIM management organizational system, and the application of BIM technology in various aspects such as civil engineering, installation, steel structure, decoration, and municipal engineering.Insiders pointed out that in the face of a changing environment, improving technology and innovation will be the inevitable choice for the long-term development of construction companies. Construction companies need to actively adapt and change their products, construction methods, building materials, and regional layouts in order to seize future opportunities. Benefiting from infrastructure construction and urban renewal policies, the construction industry is experiencing new opportunities. Looking to the future, Zhongnan Construction will remain confident in its development, continuously strengthen innovation, improve engineering efficiency and precision, vigorously promote industrial upgrading, become a co-creator of high-quality development in urban and rural areas, and make the necessary contributions to the industry's high-quality transformation and upgrading.