Stock Code: 601668.SH INTERIM REPORT Cover Photo:Huoshenshan Hospital of Wuhan CHINA STATE CONSTRUCTION ENGRG. CORP. LTD INTERIM REPORT 2020 Huaping-Lijiang Expressway @CSCECNews @CSCECNEWS China Construction Fortune International Center, Building 3, Courtyard 5, Anding Road, Chaoyang District, Beijing, China Post Code: 100029 Tel: 86 10 8649 8888 E-mail: [email protected] http://www.cscec.com Back Cover Photo: CORPORATE VISION To be the investment and construction group with the most international competitiveness COPRORATE MISSION Expanding a happy living environment CONTENTS 1 IMPORTANT NOTES 2 SECTION I DEFINITIONS 3 SECTION II COMPANY PROFILE AND KEY FINANCIAL INDICATORS 6 SECTION III OVERVIEW OF BUSINESS OPERATIONS 15 SECTION IV DISCUSSION AND ANALYSIS OF BUSINESS OPERATION 33 SECTION V IMPORTANT MATTERS 52 SECTION VI CHANGES IN ORDINARY SHARES AND SHAREHOLDERS 56 SECTION VII INFORMATION RELATED TO PREFERENCE SHARES 58 SECTION VIII DIRECTORS, SUPERVISORS AND SENIOR MANAGEMENT 61 SECTION IX INFORMATION ON CORPORATE BONDS 61 SECTION X FINANCIAL REPORT 61 SECTION XI INDEX OF DOCUMENTS AVAILABLE FOR INSPECTION CHINA SECURITIES REGULATORY COMMISSION SHANGHAI STOCK EXCHANGE The Company prepared its 2020 Interim Report in accordance with relevant regulations and guidelines set forth by the China Securities Regulatory Commission and the Shanghai Stock Exchange, including the Standards for the Contents and Formats of Information Disclosure by Companies Offering Securities to the Public No. 3 – Contents and Formats of Semi-Annual Reports, the Shanghai Stock Exchange Listing Rules and other relevant regulations and guidelines. This is a free translation into English of a report issued in China and is provided solely for the convenience of English-speaking readers. This report should be read in conjunction with, and is construed in accordance with, China law and professional auditing standards applicable in China. Should there be any inconsistency between the Chinese version and the English version, the Chinese version shall prevail. Investors can access the Company’s 2020 Interim Report on the website of the Shanghai Stock Exchange (www.sse.com.cn). IMPORTANT NOTES 1 CHINA STATE CONSTRUCTION ENGRG. CORP. LTD INTERIM REPORT 2020 IMPORTANT NOTES I. The Company’s Board of Directors, Board of Supervisors and Directors, Supervisors and Senior Management guarantee that information contained in the Interim Report is true, accurate and complete and does not contain any false representations, misleading statements or material omissions, and severally and jointly accept legal responsibility thereof. II. This Interim Report was passed at the 43rd meeting of the second session of the Board of the Company, at which all the Directors of the Company had attended. III. This Interim Report is unaudited. Ernst & Young Hua Ming LLP (Special General Partnership) has reviewed the 2020 interim financial report of the Company and issued a review report. IV. Zhou Naixiang, Head of the Company (Chairman); Wang Yunlin, Head of Accounting (Chief Financial Officer); and Tian Wei, Head of the Accounting Office (Chief Accounting Officer) guarantee that the financial report set out in this Interim Report is true, accurate and complete. V. Profit distribution plan or the conversion plan of reserves to share capital for the Reporting Period considered by the Board of Directors N/A VI. Risk statement with respect to forward-looking statements √ Applicable N/A This Interim Report contains certain forward-looking statements made on subjective assumptions and judgments on future policies and economic trends, which may differ from the actual results or trends due to a range of variables. The forward-looking statements regarding future plans, development strategies, etc. contained in this Interim Report do not constitute a material commitment by the Company to investors, and investors are advised to exercise attention. VII. Whether there is any non-operating misappropriation of funds of the Company by the controlling shareholder and its related parties No VIII. Whether the Company has provided any guarantee in favor of external parties in violation of the prescribed decision-making procedures No IX. Warning on major risks During the Reporting Period, the Company is not exposed to major risks. The Company has described possible related risks in detail in this Interim Report. Please refer to the relevant information set out in “Potential risks” under Section IV “DISCUSSION AND ANALYSIS OF BUSINESS OPERATION” hereof. X. Miscellaneous √ Applicable N/A In addition to the reviewed financial data, the business data used in this Interim Report comes from the management of the Company. 2 SECTION I DEFINITIONS CHINA STATE CONSTRUCTION ENGRG. CORP. LTD INTERIM REPORT 2020 SECTION I DEFINITIONS In this Interim Report, unless the context otherwise requires, the following words shall have the following meanings: Definitions of common words CSCEC/the Company China State Construction Engineering Corporation Limited ( ) 中国建筑股份有限公司 China State Construction/the Group China State Construction Engineering Corporation ( ) 中国建筑集团有限公司 China Construction First Group Corporation Limited to China Construction Eighth China Construction First Group Engineering Division Corp. Ltd. ( Corporation to Eighth Engineering Division ) 中国建筑一局（集团）有限公司至中国建筑第八工程 局有限公司 CSCEC Xinjiang Construction & Engineering (Group) Co., Ltd. ( Xinjiang Construction & Engineering ) 中建新疆建工（集团） 有限公司 COHL China Overseas Holdings Limited ( ) 中国海外集团有限公司 China State Construction Engineering Corporation International Operations ( CSCEC International Operations ) 中国建 筑国际工程公司 The real estate development brand and business owned by China Overseas Land & China Overseas Investment Ltd. ( ) (00688.HK), a subsidiary of COHL 中国海外发展有限公司 The real estate brand and business other than “China Overseas” that CSCEC is CSC Land engaged in China Construction Engineering China Construction Engineering Design Group Corporation Limited ( Design Group ) 中国中建设计集 团有限公司 China Overseas Land & Investment China Overseas Land & Investment Ltd. ( ) (00688.HK) 中国海外发展有限公司 China State Construction International Holdings Limited ( ) CSC International (03311.HK) 中国建筑国际集团有限公司 China Overseas Grand Oceans Group Limited ( ) (00081. China Overseas Grand Oceans HK) 中国海外宏洋集团有限公司 China State Construction Development Holdings Limited ( CSC Development ) (00830.HK) 中国建筑兴业集团有限公 司 China Overseas Property China Overseas Property Holdings Limited ( ) (02669.HK) 中海物业集团有限公司 West Construction China West Construction Group Co., Ltd. ( ) (002302.SZ) 中建西部建设股份有限公司 CSC Finance China State Construction Finance Co., Ltd. ( ) 中建财务有限公司 China Construction Fangcheng Investment & Development Group Co., Ltd. ( China Construction Fangcheng ) 中建方 程投资发展集团有限公司 China Construction Capital China Construction Capital Holdings Limited ( ) 中建资本控股有限公司 China State Decoration China State Decoration Group Co., Ltd. ( ) 中国建筑装饰集团有限公司 China Construction Infrastructure China Construction Infrastructure Co., Ltd. ( ) 中国建设基础设施有限公司 CSCDC China State Construction Development Co., Ltd. ( ) 中国建筑发展有限公司 China Construction Science and Industry Corporation Ltd. (formerly known as China China Construction Science and Industry Construction Steel Structure Co., Ltd. ( )) 中建钢构有限公司 China Construction Communications Engineering Group Co., Ltd. ( China Construction Communications ) 中建交通建设集 团有限公司 China Construction Science & Technology China Construction Science & Technology Co., Ltd. ( ) 中建科技有限公司 China Construction Harbour and China Construction Harbour and Channel Engineering Bureau Group Co., Ltd. ( Channel Engineering Bureau ) 中建 港航局集团有限公司 Articles of Association Articles of Association of China State Construction Engineering Corporation Limited Reporting Period From January 1, 2020 to June 30, 2020 SECTION II COMPANY PROFILE AND KEY FINANCIAL INDICATORS 3 CHINA STATE CONSTRUCTION ENGRG. CORP. LTD INTERIM REPORT 2020 SECTION II COMPANY PROFILE AND KEY FINANCIAL INDICATORS I. Information of the Company Chinese name 中国建筑股份有限公司 Chinese abbreviation 中国建筑 English name China State Construction Engineering Corporation Limited English abbreviation CSCEC Legal representative Zhou Naixiang II. Contact Details Secretary to the Board of Directors Name Xue Keqing CSC Fortune International Center, Building 3, Courtyard 5, Anding Road, Address Chaoyang District, Beijing Tel. 010-86498888 Fax 010-86498170 Email [email protected] III. Overview of Changes in Basic Information Registered address No.15, Sanlihe Road, Haidian District, Beijing Postal code of the registered address 100037 CSC Fortune International Center, Building 3, Courtyard 5, Anding Road, Office address Chaoyang District, Beijing Postal code of the office address 100029 Website www.cscec.com Email [email protected] Index for details of changes during / the Reporting Period IV. Changes in Information Disclosure and Place for Inspection of Interim Report Name of newspaper designated by the China Securities Journal, Shanghai Securities News, Securities Times and Company for information disclosure Securities Daily Website designated by CSRC for www.sse.com.cn publishing interim report Place for inspection of interim report CSCEC Board Office CSC Fortune International Center, Building 3, Courtyard 5, Anding Road, Chaoyang District, Beijing Index for details of changes during the / Reporting Period V. Overview of Stocks Type Stock exchange Abbreviation Stock code Original ticker A share Shanghai Stock Exchange CSCEC 601668 N/A 4 SECTION II COMPANY PROFILE AND KEY FINANCIAL INDICATORS CHINA