Since Q3 of this year, BUCG has actively responded to market changes, anchored its goals and forged ahead to overcome difficulties in stabilizing the market and strengthening operations. It has made every effort to prevent and resolve major risks, and achieved steady growth in economic indicators such as operating income, total profit, and taxes paid in Beijing, laying a solid foundation for achieving the annual development goals.
In the construction engineering and urban comprehensive service sector, BUCG has continuously optimized the project management mode, strengthened the construction organization and resource allocation capabilities, and ensured that key projects are efficiently promoted as planned. At the same time, by improving service quality and operational efficiency, BUCG has further consolidated its market competitiveness and actively expanded emerging business areas to inject new impetus into the revenue growth of the sector.
In the construction engineering and urban comprehensive service sector, BUCG has successively won bids for a number of key projects, including the Beijing-Miyun Expressway (Sixth Ring Road-Xitong Road Section), Plot II in Pinggu District (Phase II), and Urban Village Renovation in Dongxiaokou Town, Changping District (Phase I). At the same time, it has made every effort to promote the construction of five major domestic airports (Xiamen Xiang'an, Hefei Xinqiao, Taiyuan Wusu, Jinan Yaoqiang, and Kunming Changshui), Fangshan High-end Manufacturing Industry Intelligent Equipment R&D and Industrialization Plant Buildings, Maldives Airport Project Group, and the Zhongguancun East District Renovation Project Group B of Belarus Stadium Project, promote the construction and production progress of each project, promote high-quality completion of project performance, and further improve the output value conversion rate.
The design consulting sector has made strong progress in expanding the markets in Chengdu, Chongqing, Northeast China, Northwest China, and other regions. Among them, the survey and design sector has successfully won bids for multiple projects. At the same time, it has given full play to its advantages in engineering general contracting and successfully won bids for multiple engineering projects, further enriching the project reserves in the fields of cultural tourism and municipal infrastructure.
In the real estate and property operation and management sector, BUCG is guided by market demand, accurately adjusts marketing strategies, accelerates the speed of stock sales, deepens property service innovation, improves client satisfaction, and achieves a steady improvement in operating efficiency. The coordinated development of the main businesses provides strong support for BUCG's overall performance.
BUCG's real estate business has achieved a counter-reversal rise by relying on its deep accumulation and rich experience in primary development projects and shantytown renovation projects. For example, the profit income of real estate projects such as Tiantan Mansion Project, Shibalidian Project, and Guoxiangyuanjing has increased significantly compared with the same period last year. Beijing Urban Construction Investment and Development Co., Ltd. has always insisted on being based in the Beijing market, focusing on its core responsibilities and primary business, optimizing resource allocation, actively exploring new growth points, and continuously improving its overall coordination capabilities, gradually forming a new situation of steady and balanced development.
Capital Jiaye has vigorously strengthened market expansion, adding administrative office projects such as No. 5 West Chang'an Avenue and Qingyuan Road Project, and successfully won the bid for the property service project of the Museum of the War of Chinese People's Resistance Against Japanese Aggression, achieving a zero breakthrough in the museum property field. The university property field continues to expand the market, winning bids for projects such as the Beijing Institute of Graphic Communication, the University of International Relations, and the Central Academy of Fine Arts - Yanjiao Campus. In addition, it won the bid for rail transit property projects such as Beijing Subway Line 5, Line 7, and Line 11, and Dalian Metro Line 1, 2, and 3, further optimizing product structure and effectively enhancing brand influence in the market.
BUCG's international business has made breakthroughs for three consecutive quarters, making breakthroughs in the markets of Kenya and East Timor. It successfully won the bid for the Nairobi Central Business District Pipeline Upgrade Project in Kenya and the Sao Paulo Water Supply System Upgrade Project in East Timor; it successfully received the Letter of Acceptance for the Preliminary Works (Lot III) of the Bishoftu International Airport project in Ethiopia, which fully demonstrated BUCG's comprehensive competitiveness in the international engineering market.
In the landscaping sector, Beijing Landscape and Forestry Group Co., Ltd. continues to enhance the national craftsmanship brand and three golden business cards, comprehensively improve the ecological environment protection and governance capabilities, and release the advantages of the green entire industrial chain. It seizes the opportunity of building the capital's "garden city". Through the preliminary planning of major projects in Beijing, it widely builds a platform for exchanges and cooperation among governments, competent departments, and relevant units at all levels, participate in the formulation and actively promote the "Beijing Plan" for a beautiful China, and further promote the coordinated linkage of the industrial chain. The "Blessing the Motherland" central flowerbed in Tiananmen Square, designed, constructed, and maintained by the Group, has been unveiled. 10 groups of themed three-dimensional flowerbeds on Chang'an Avenue and the landscape along the line bloomed colorfully in the beautiful golden autumn.
On the basis of completing major economic indicators, BUCG has taken proactive actions to scientifically formulate production and operation plans and comprehensively increase its contribution in Beijing. In particular, BUCG has strengthened industry-university-research cooperation, promoted the transformation and upgrading of the construction industry with deep integration of industry, academia, research, and application, accelerated the transformation of scientific and technological achievements, established artificial intelligence joint laboratories, and achieved technological leadership in scenarios such as digital computing integration. At the same time, BUCG initiated the establishment of the Beijing Intelligent Construction Alliance around the entire intelligent construction industry chain to help the transformation and upgrading of the construction industry through the deep integration of industry, academia, research, and application. As new technologies and processes are continuously applied to construction projects, it is expected to effectively improve construction efficiency and quality, and help BUCG improve quality and efficiency. As the fourth quarter begins, the annual target task enters the critical stage of the final sprint. BUCG will continue to focus on its core responsibilities and primary business, fully committed to serving the development strategies of the nation and the capital. We will exert maximum effort to expand our market presence and maintain full readiness to ensure contract fulfillment. Through hard work and a sense of responsibility, we will strive to achieve an outstanding performance for the entire year.
