10月21日，中国中煤党委书记、董事长王树东在中国中煤总部会见中国铁建党委书记、董事长戴和根，双方就进一步深化合作展开交流。中国中煤党委常 委、副总经理倪嘉宇，中国铁建党委常委、副总裁黄昌富参加会见。 王树东对戴和根一行的到访表示欢迎，介绍了中国中煤发展历史、产业结构、生产经营、科技创新等基本情况，以及加快推进"两个联营+"、构建"两个对 冲"机制的思路举措，重点介绍了煤炭开采领域聚焦"少人无人"，煤炭消费领域聚焦"少人少碳"，煤基新材料领域聚焦"少人无碳"的发展思路。他表示， 中国铁建与中国中煤合作基础扎实、前景广阔，希望双方进一步加强对接与合作交流，延伸合作领域，共同推动央企间协同发展迈上更高水平、取得更实 成效。 中国中煤办公室、规划发展部、煤炭事业部、电力及新能源事业部、建设集团有关负责人，中国铁建总工程师代敬辉，相关部门、单位负责人参加会见。 来源：中国中煤 编辑：孔欣慰 校对：刘卓 戴和根对中国中煤近几年取得的成绩表示祝贺，感谢中国中煤对中国铁建的信任与支持，介绍了中国铁建历史沿革、业务结构、经营管理等基本情况，期 待双方进一步密切工作对接交流，加强在能源基础设施建设、绿色矿山、深部地下空间综合利 ...

Core Viewpoint - China Railway Construction Corporation (CRCC) announced the issuance of its fourth phase of technology innovation perpetual corporate bonds aimed at professional investors, with interest payments starting from October 28, 2025 [1] Group 1: Bond Details - The bonds are categorized into two types: "Tie Jian YK16" and "Tie Jian YK17" [1] - "Tie Jian YK16" has a coupon rate of 2.35%, with an interest payment of 23.50 CNY per 1,000 CNY face value [1] - "Tie Jian YK17" has a coupon rate of 2.50%, with an interest payment of 25.00 CNY per 1,000 CNY face value [1]

Core Points - China Railway Construction Corporation (CRCC) announced the issuance of its fourth phase of technology innovation perpetual corporate bonds aimed at professional investors, set to start interest payments on October 28, 2025 [1] - The first bond type, referred to as "Tie Jian YK16," has a coupon rate of 2.35%, with an interest payment of 23.50 yuan (including tax) per 1,000 yuan face value [1] - The second bond type, referred to as "Tie Jian YK17," has a coupon rate of 2.50%, with an interest payment of 25.00 yuan (including tax) per 1,000 yuan face value [1]

Core Viewpoint - China Railway Construction Corporation (CRCC) announced the issuance of its fourth phase of technology innovation perpetual corporate bonds aimed at professional investors, with specific interest rates and payment details outlined [1] Group 1: Bond Issuance Details - CRCC is set to issue two types of bonds: "Tie Jian YK16" and "Tie Jian YK17" [1] - The "Tie Jian YK16" bond has a coupon rate of 2.35%, with an interest payment of 23.50 yuan (including tax) per 1,000 yuan face value [1] - The "Tie Jian YK17" bond has a coupon rate of 2.50%, with an interest payment of 25.00 yuan (including tax) per 1,000 yuan face value [1] Group 2: Payment Schedule - Interest payments for the bonds will commence on October 28, 2025, covering the period from October 28, 2024, to October 27, 2025 [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲 載 列 中 國 鐵 建 股 份 有 限 公 司（「本公司」）在 上 海 證 券 交 易 所 網 站 刊 登 的「中 國鐵建股份有限公司2024年面向專業投資者公開發行科技創新可續期 公 司 債 券（第 四 期）2025年 付 息 公 告」，僅 供 參 閱。 承董事會命 中國鐵建股份有限公司 董事長 戴和根 中國‧北京 2025年10月20日 於 本 公 告 日 期，董 事 會 成 員 包 括：戴 和 根 先 生（董 事 長、執 行 董 事）、郜 烈 陽 先 生（非 執 行 董 事）、馬 傳 景 先 生（獨 立 非 執 行 董 事）、解 國 光 先 生（獨 立 非 執 行 董 事）、錢 偉 倫 先 生（獨 立 非 執 行 董 事）、王 俊 先 生（獨 ...

Summary of China Railway Construction Corporation (CRCC) Conference Call Industry Overview - The construction industry in China is currently facing challenges, but the situation is improving due to national debt reduction policies and increased infrastructure investment. [2][3][7] Key Points and Arguments Company Performance - CRCC's order decline has narrowed, and the company expects to achieve its annual targets. [2] - In Q3, the company reported strong performance in railway, highway, and overseas business, with a recovery in provincial-level government projects. [2][3] - The company has significantly reduced its participation in new PPP projects since 2023, focusing instead on large-scale infrastructure projects supported by central government funding. [2][5] - The real estate sector's contribution to profits has decreased, with a reported 10% decline in sales in the first half of 2025, although this is better than the industry average. [4][11] Financial Outlook - The company anticipates a positive cash flow for the year, with improved collection rates due to favorable payment conditions from high-quality state-owned enterprise projects. [3][7] - The overall revenue and profit decline rate has slowed compared to the previous year, with expectations for stable performance in Q3 and Q4. [12] Strategic Initiatives - CRCC is focusing on traditional infrastructure business transformation and expansion into emerging industries, aiming to improve gross margins and revenue. [13][15] - The company has initiated planning for the 14th Five-Year Plan, which will align with national strategies and is expected to be finalized by mid-2026. [9][10] Market Conditions - The national commitment to infrastructure investment is strong, with significant progress observed in project execution. [7][8] - Provincial-level government project bidding has accelerated since August 2025, although lower-tier government investments remain weak. [6][7] International Expansion - CRCC has a strong presence in overseas markets, particularly in Africa and the Middle East, where demand for infrastructure is increasing. [18][19] - The company has successfully secured high-quality projects in the Middle East, benefiting from solid financial backing from local owners. [19][20] - In South America, CRCC is capitalizing on the growing market with multiple ongoing projects, facing less competitive pressure compared to other regions. [22] Future Goals - By 2030, CRCC aims to maintain 3 trillion yuan in new contracts and 1 trillion yuan in revenue, with a focus on high-quality operations and asset management. [15] - The company plans to increase the share of emerging industries to over one-third by 2035, with a significant focus on innovation and new product development. [15] Additional Important Information - The company has adopted a cautious approach to land acquisition in the real estate sector to mitigate investment risks. [5][11] - CRCC's strategy includes maintaining a stable debt-to-asset ratio and a commitment to shareholder returns through dividends, which were increased from 16% to 20% in 2024. [16][17]

Core Points - The new Demerara River Bridge in Georgetown, Guyana, constructed by China Railway International Group, is seen as a vital infrastructure project that will significantly enhance transportation capacity and alleviate traffic pressure in the region [2][3] - The bridge, which spans 2,900 meters and features a dual four-lane design, is expected to reduce crossing time by 75% and accommodate vessels up to 50,000 tons, thereby improving both traffic efficiency and shipping conditions [3][4] Infrastructure Development - The bridge's construction began in January 2023 after a contract was signed in 2022, marking the start of a series of infrastructure transformations in Guyana [3] - The project has created over 2,000 jobs, with local engineers and technicians gaining valuable experience through hands-on involvement [5] Economic Impact - The bridge is anticipated to reshape Georgetown's traffic patterns and stimulate regional economic activity, as noted by the Minister of Public Works [3][5] - The construction of the bridge is part of a broader strategy to modernize transportation in Guyana, with additional projects like the Mackenzie-Wismar Bridge underway, which will further enhance connectivity and reduce travel times [6] Environmental Considerations - The project incorporated eco-friendly practices, such as minimizing disruption to local ecosystems and conducting regular environmental monitoring [5][6] - The design of the bridge avoided the most densely populated mangrove areas to protect local wildlife and habitats [5] Bilateral Cooperation - The bridge symbolizes the tangible outcomes of cooperation between China and Latin American countries, highlighting the benefits of the Belt and Road Initiative [5][6] - The Chinese ambassador to Guyana emphasized the strong partnership between the two nations, which has flourished over 53 years of diplomatic relations [6]

Core Viewpoint - China Railway Construction Corporation (CRCC) is set to hold a Q3 2025 earnings presentation on November 3, 2025, to discuss its operational results and financial status with investors [2][3]. Group 1: Event Details - The earnings presentation will take place on November 3, 2025, from 14:00 to 15:00 [6][7]. - The event will be conducted in an interactive online format via the Shanghai Stock Exchange Roadshow Center [3][6]. - Participants will include the Chairman, independent non-executive directors, Chief Accountant, and the Secretary of the Board [4]. Group 2: Investor Participation - Investors can participate online through the Shanghai Stock Exchange Roadshow Center [5][6]. - Questions can be submitted from October 27 to October 31, 2025, via the Roadshow Center or the company's investor relations email [5][6]. - The company will address commonly asked questions during the presentation [2][5]. Group 3: Contact Information - For inquiries, investors can contact the Board Office at 010-52688600 or via email at ir@crcc.cn [8]. - After the presentation, the event details and main content will be available on the Roadshow Center [8].

证券代码：601186 证券简称：中国铁建 公告编号：临 2025—041 中国铁建股份有限公司 关于召开 2025 年第三季度业绩说明会的 公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担法律责任。 重要内容提示： ● 会议召开时间：2025年11月3日（星期一）14:00-15:00 ● 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/） ● 会议召开方式：上证路演中心网络互动 ● 投资者可于2025年10月27日（星期一）至10月31日（星期 五）16:00前登录上证路演中心网站首页点击"提问预征集"栏目或 通过公司投资者关系邮箱ir@crcc.cn进行提问。公司将在说明会上对 投资者普遍关注的问题进行回答。 中国铁建股份有限公司（以下简称公司）将于2025年10月31日发 布公司2025年第三季度报告，为便于广大投资者更全面深入地了解公 司2025年第三季度经营成果、财务状况，公司计划于2025年11月3日 （星期一）14:00-15:00举行2025年第三季度业 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的 任 何 損 失 承 擔 任 何 責 任。 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B條而作出。 茲 載 列 中 國 鐵 建 股 份 有 限 公 司（「本公司」）在 上 海 證 券 交 易 所 網 站 刊 登 的「中 國鐵建股份有限公司關於召開2025年第三季度業績說明會的公告」，僅 供 參 閱。 承董事會命 中國鐵建股份有限公司 董事長 戴和根 中 國 • 北 京 2025年10月18日 重 要 內 容 提 示： 中 國 鐵 建 股 份 有 限 公 司（以 下 簡 稱 公 司）將 於2025年10月31日發佈公司 2025年 第 三 季 度 報 告，為 便 於 廣 大 投 資 者 更 全 面 深 入 地 了 解 公 司2025 年 第 三 季 度 經 營 成 果、財 務 狀 況，公 司 計 劃 於2025年11月3日（星 期 一） 14:00-1 ...