In the first quarter of 2026, CNCEC's business performance showed explosive growth, with a total of 114.914 billion yuan in newly signed contracts, which not only broke the historical record for the same period, but also demonstrated its strong position as a global chemical engineering giant. Among them, the domestic contract amount has steadily increased, reaching 73.553 billion yuan; The overseas contract amount was particularly outstanding, recording 41.361 billion yuan, a sharp jump year on year, accounting for 36%, which shows the strong demand of the markets along the the Belt and Road.

Large orders in three cities

Looking back at the first quarter, large orders showed a trend of "surprises every month". In January, as the traditional peak season, the company had as many as 10 projects with a single contract amount exceeding 500 million yuan. Among them, the Chrispod 541MW gas power plant project in Ghana won the first place with an amount of about 2.89 billion yuan. This project is not only a key link in optimizing the energy structure in West Africa, but also marks the deep penetration of China Chemical in the African power infrastructure market.

Entering February, the company maintained a steady pace and recorded 5 major contracts worth over 500 million yuan, with a total amount of approximately 4.635 billion yuan, laying a solid foundation for the annual performance. In March, the giant projects were concentrated and landed, with a single contract exceeding 500 million yuan surging to 6, totaling 19.512 billion yuan.

Next City in the Middle East Market

The biggest highlight of March is undoubtedly the EPC contract for the UAE TA'ZIZ Salt Chemical Project signed by CNCEC Engineering Seventh Construction Co., Ltd. The contract amount reached an astonishing 14.843 billion yuan, which is not only the single king in the first quarter, but also a milestone breakthrough for the company in the high-end chemical market in the Middle East. The TA'ZIZ project, as an important component of the UAE's industrial strategy, has demonstrated CNCEC's global top competitiveness in the field of large and complex chemical plants through the acquisition of its massive orders. Keywords: interconnectivity, central enterprises going global

From gas power plants in West Africa to salt chemical giants in the Middle East, CNCEC is accelerating its expansion on the global infrastructure map with its comprehensive advantages of technology, capital, and management. The hundred billion level order reserve in the first quarter injected a shot in the arm for the company to achieve higher revenue targets for the whole year.Editor/Cheng Liting