The reporter learned from the Ministry of Water Resources on April 22 that the country implemented 778.7 billion yuan in water conservancy construction in the first quarter of this year, an increase of 93.3% over the same period last year; completed investment of 193.3 billion yuan in water conservancy construction, an increase of 4.4% over the previous year, the highest number in the same period in history.

According to the data, the country implemented 23,500 water conservancy projects in the first quarter, and the scale of construction was 4.7 trillion yuan, up 15.8% and 12.3%, respectively.

Among them, 9683 new water conservancy projects were started, with an investment scale of 473.3 billion yuan, an increase of 33.8% and 47.6%, respectively, over the previous year.

Water conservancy engineering refers to a project built to control and distribute surface water and groundwater in nature to achieve harm removal and prosperity. It includes projects such as flood prevention, flood removal, irrigation, power generation, water supply, reclamation, soil and water conservation, immigration, water resource protection, etc. (including new construction, expansion, reconstruction, reinforcement, restoration), and ancillary projects. A hydraulic project may also serve various goals such as flood prevention, irrigation, electricity generation, and shipping. It is called a comprehensive utilization of water conservancy projects.

Water conservancy projects are an important infrastructure for national economic and social development. They are not only directly related to flood prevention, water supply, and food security, but also to the economy, ecology, and national security. They are included in the category of national security infrastructure, and have a remarkable effect on stabilizing investment and expanding domestic demand.

On March 18, the Ministry of Water Resources held a water conservancy project construction work conference in Beijing. Vice Minister of Water Resources Liu Weiping stressed that water conservancy departments at all levels should do a solid job in the construction of water conservancy projects in 2024 in accordance with the arrangements of the National Water Resources Work Conference.

Water conservancy engineering related enterprises:

China Energy Construction (03996): Complete qualifications for water conservancy construction, leading international construction technology. The company has rich experience in water conservancy construction and advanced general contracting qualifications for survey, design and construction, and is in an international leading position in water conservancy construction technology. The company focused on national flood control and safety, major strategic shortfall repair projects, followed up the construction of major water conservancy projects, and constructed large-scale water conservancy projects such as South-to-North Water Transfer, River Diversion to Jihuai, and the Nandu Jiangmai Bay Water Conservancy Hub Project in Hainan Province. In addition, the company focuses on water supply, sewage treatment, water environment treatment, etc., and has mastered a number of key technologies such as advanced sewage treatment, water environment restoration, and smart water services. It has comprehensive ecological environment management solutions and one-stop service capabilities. It is responsible for operating more than 70 water plants in more than 10 provinces, municipalities and autonomous regions in China, with a water treatment design scale of 77.73 million tons/year and a water treatment capacity of 584.5 million tons/year.

China Communications Construction (01800): An epitaxial merger and acquisition obtained water conservancy qualifications and actively promoted the construction of large-scale water conservancy projects. The company is a leading domestic transportation infrastructure enterprise. Its core business areas include infrastructure construction, infrastructure design and dredging business. It has a number of special grade, grade A, and comprehensive grade A qualifications. The company has reserved rich professional qualifications in water conservancy through mergers and acquisitions, etc., to create conditions for speeding up entry into new businesses and new markets. Based on the demand in the water conservancy and ecological environment protection market, the company actively promotes the implementation of water resources allocation and water conservancy projects in important cities such as the South-to-North Water Transfer Line Phase II and the diversion of Huangjining, as well as ecological management projects such as ecological blue roads, reservoir cleaning, and lake treatment.

China Railway (00390): The company has participated in the construction of major water conservancy projects such as river diversion to Jihuai and central Yunnan, and continues to deepen the water conservancy business layout. In September 2020, the company acquired Jiangxi Water Resources Institute (later renamed China Railway Water Resources) with a shareholding ratio of 65%. China Railway Water Resources is the only water conservancy and hydropower survey and design unit with Class A qualification in Jiangxi, providing technical support for the company's water conservancy business. In May 2022, the company announced the acquisition of 33.5% of Yunnan Dianzhong Water Diversion Engineering Co., Ltd. to accelerate the layout of the water conservancy business. The company uses businesses such as water conservancy and hydropower, ecological environmental protection, and clean energy as the “second curve”. In 2022, the “second curve” signed a new contract amount of 301.89 billion yuan, an increase of 81.2% over the previous year. The water conservancy and hydropower sector signed a new contract amount of 98.56 billion yuan, an increase of 223.3% over the previous year. The water conservancy business is an important driving direction, and the growth is strong.

China Liansu (02128): The revenue of the plastic piping system business reached 24.585 billion yuan in 2023, accounting for 79.6% of the company's total revenue. During the reporting period, China Liansu strengthened strategic partnerships with government departments, leading infrastructure central enterprises and state-owned enterprises, etc., and actively invested in national engineering and municipal renovation projects. Through sales strategy adjustments and diversified product portfolios, sales increased by 10.6% to 2,647 million tons. Under the fluctuating market environment, the effective increase in plastic pipeline sales has ensured the steady development of China Liansu's overall revenue.