Gelonghui September 14, Changjiang Securities Research News pointed out that the deduction performance of China Energy Construction (601868.SH) increased sharply in the first half of the year, and the transformation of new energy continued to advance. The new signing is unilateral, the domestic market has reached a new high, the overseas market has accelerated its expansion, and the performance of new energy is eye-catching. In the first half of the year, the newly signed contract value of the new energy business was 216.4 billion yuan, an increase of 5.2% over the same period last year. The company is expected to fully benefit from the engineering growth driven by the development of the new power system in the future. The bank expects the company to achieve a net profit of 91 yuan and 11.3 billion yuan in 2023 and 2024, corresponding to the current closing price of PE, with a "buy" rating.