BELGRADE, Serbia, Jan. 2, 2026 — Following the recent conclusion of COP30, which set a more rigorous global standard for climate action, Power Construction Corporation of China (“POWERCHINA” or “the Company”) is reaffirming its long-term dedication to Environmental, Social, and Governance (ESG) progress in Serbia—home to its Eurasia Regional Headquarters (RHQ).

“Our dedication to Serbia’s vibrant growth highlights the real-world impact that robust ESG practices can achieve,” stated Mr. Yang Bo, POWERCHINA’s Chief Representative to Serbia. “Today, more than ever, the world needs infrastructure that is sustainable, efficient, and inclusive. We will keep investing in initiatives that advance such sustainable development alongside our partners—empowering communities and steering the world toward a more hospitable future.”

POWERCHINA’s Eurasia RHQ manages operations across 63 countries and regions. Around 85 percent of its regional workforce consists of local and third-country professionals. Through the numerous projects it has executed in Serbia, POWERCHINA has helped create over 1,500 jobs, strengthening the local economy.

Since entering the Serbian market in 2012, POWERCHINA has been modernizing key infrastructure in the country. A standout example is the construction of the Belgrade Bypass Section B Project. As the project’s main contractor, POWERCHINA also upgraded the drainage and water supply systems in the residential areas surrounding the road—speeding up construction while improving residents’ quality of life.

Moreover, POWERCHINA is fostering community connectivity by signing contracts for the construction of Belgrade Metro Line 1, a vital long-term transportation project. Since 2019, this partnership between POWERCHINA and Serbia to build the Belgrade Metro system has ended Belgrade’s lengthy wait, alleviating chronic congestion and pollution in the city of 1.7 million. Additionally, POWERCHINA supported the construction of the Gornji Milanovac Bypass, which officially opened for service in early October 2024—providing a dedicated route for commercial traffic.

To deepen social and cultural engagement—an initiative at the core of POWERCHINA’s mission—the Company began constructing the Serbian National Stadium on May 1, 2024. This state-of-the-art facility will support Serbia’s thriving sports scene for fans and athletes alike. Furthermore, POWERCHINA is empowering Serbian youth through initiatives like the “China–Serbia Youth Friendship Dialogue,” helping young people from both nations explore growth opportunities while strengthening bilateral ties. The Company’s infrastructure projects also play a pivotal cultural role: for its contributions to the Gornji Milanovac Bypass, POWERCHINA received the Takovo Uprising Gold Medal—an honor established by the Gornji Milanovac municipality to recognize exceptional benefits to the local community.

Environmental stewardship remains a cornerstone of POWERCHINA’s Eurasia strategy. In 2024, the Company used more than 900,000 tons of low-carbon concrete across the region. Globally, POWERCHINA supports the goals of reaching peak carbon emissions by 2030 and achieving carbon neutrality by 2060.

Beyond Serbia, POWERCHINA continues to expand its global portfolio of renewable energy and climate-resilient infrastructure. Most recently, it signed a general contracting agreement with Spain’s Viroque Energy for the Arreaz Photovoltaic Power Station in Cádiz—a 44-MW project expected to generate 95,000 MWh of clean electricity annually.

Across all its operations, POWERCHINA upholds the business philosophy of “Integrity, Commitment, Win-Win” collaboration. The Company is dedicated to delivering high-impact social projects aligned with the United Nations’ Sustainable Development Goals.

About POWERCHINA

Power Construction Corporation of China (POWERCHINA) is an integrated construction group offering investment and financing, planning and design, engineering and construction, equipment manufacturing, and operation management services for clean and low-carbon energy, water resources, environmental construction, and infrastructure. Focused on hydroelectricity and electric power, POWERCHINA has established a presence in diverse market segments—with integrated business activities spanning water environment management, smart cities, rail transit projects, municipal engineering, and residential buildings.

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