Financial Performance - The company reported unaudited interim results for the six months ended June 30, 2023[2]. - The financial report is prepared in accordance with the Chinese Accounting Standards and has been reviewed by Deloitte Huayong[3]. - The company did not propose any profit distribution or capital reserve transfer to increase share capital for the reporting period[3]. - The company's operating revenue for the first half of 2023 was CNY 541,059,991 thousand, representing a slight increase of 0.10% compared to CNY 540,496,534 thousand in the same period last year[10]. - Net profit attributable to shareholders for the same period was CNY 13,648,610 thousand, up by 1.18% from CNY 13,490,009 thousand year-on-year[10]. - Basic earnings per share for the first half of 2023 was CNY 0.91, reflecting a 2.25% increase compared to CNY 0.89 in the previous year[13]. - The company's total assets at the end of the reporting period reached CNY 1,647,065,257 thousand, an increase of 8.08% from CNY 1,523,913,581 thousand at the end of the previous year[11]. - Net assets attributable to shareholders increased to CNY 302,477,646 thousand, marking a growth of 4.16% from CNY 290,398,039 thousand at the end of the last year[11]. - The cash flow from operating activities generated a net profit of CNY 12,897,085 thousand, which is a 0.89% increase from CNY 12,783,010 thousand in the same period last year[10]. - The weighted average return on net assets after deducting non-recurring gains and losses was 5.23%, a decrease of 0.49 percentage points compared to the previous year[13]. - The company reported a net cash flow of CNY -19,342,977 thousand, which is not applicable for year-on-year comparison[10]. Risk Management - Major risks faced by the group include international operation risks, project management risks, cash flow risks, safety risks, and investment risks[3]. - The company emphasizes the importance of risk awareness for investors regarding forward-looking statements in the report[3]. - The group faces increasing operational management risks due to a slowdown in capital turnover in certain industries and a continued downturn in the domestic real estate market[108]. - Cash flow risks are heightened by intense competition in the construction market and widespread funding shortages, which pose significant pressure on production operations[109]. - The group emphasizes a safety-first approach, aiming for a "zero accident" goal while enhancing safety management systems and training for frontline employees[110]. - Investment risks are prevalent due to large-scale real estate and PPP projects, with the group committed to preventing and mitigating major investment risks to ensure high-quality development[111]. - The group is focused on strengthening its risk control framework, utilizing digital tools for resource integration and information sharing to enhance overall risk management efficiency[111]. Market and Industry Trends - The engineering contracting industry remains at a historical high, with a focus on traditional infrastructure and new infrastructure projects such as data centers and 5G, supported by government policies[18]. - Fixed asset investment in China reached RMB 24,311.3 billion in the first half of 2023, with a year-on-year growth of 3.8%, while state-owned enterprises saw an 8.1% increase[21]. - The planning and design consulting sector is experiencing stable growth, with increasing demand for digital and intelligent transformation driven by technological advancements[19]. - The company aims to enhance its investment operations by focusing on traditional sectors like urban rail transit and expanding into emerging areas such as water resources and renewable energy[22]. - The company is actively exploring investment opportunities in cultural tourism, ecological agriculture, and mineral development to broaden its investment business[22]. Corporate Governance and Compliance - The interim report complies with the disclosure requirements of the Shanghai Stock Exchange and Hong Kong Stock Exchange[3]. - The company has maintained its information disclosure practices without any changes during the reporting period[9]. - The company strictly complies with the Corporate Governance Code and relevant regulations during the reporting period[122]. - The company has not faced any non-compliance issues or penalties related to its directors, supervisors, senior management, or controlling shareholders during the reporting period[142]. - The company has made commitments to avoid competition among its subsidiaries and to ensure compliance with trading regulations[141]. Environmental and Social Responsibility - The company has implemented a carbon peak action plan aiming for peak carbon emissions by 2030, with a "123456" green low-carbon development strategy[128]. - The company actively participates in rural revitalization efforts, providing support to 24 regions or villages with 47 stationed support personnel[129]. - The company emphasizes energy conservation and ecological environmental protection, establishing management measures and assessment criteria for environmental goals[127]. - The company has made significant efforts in environmental risk assessment and management to ensure sustainable development[127]. - In the first half of 2023, China Railway Construction invested a total of 27.0009 million yuan in poverty alleviation, including 15.6876 million yuan in non-repayable funds and 11.3133 million yuan in repayable funds[130]. Investment and Contracts - The company achieved sales revenue of CNY 53.37 billion in the real estate sector, ranking 16th among national real estate enterprises[24]. - The total new contracts signed by the company amounted to CNY 1,359.075 billion, achieving 41.06% of the annual target, with a year-on-year growth of 2.09%[40]. - Domestic business new contracts reached CNY 1,276.421 billion, accounting for 93.92% of the total new contracts, with a year-on-year increase of 4.29%[40]. - The total new contracts signed in the infrastructure construction sector amounted to RMB 1,168.158 billion, accounting for 85.95% of total new contracts, with a year-on-year growth of 3.41%[44]. - The engineering contracting industry reported new contracts of RMB 960.9102 billion, reflecting a year-on-year increase of 28.54%[43]. Related Party Transactions - The company has not reported any significant changes or deviations in the execution of related party transactions during the reporting period[148]. - The company provided funding to its controlling shareholder, China Railway Construction Group, amounting to RMB 250,000 thousand during the reporting period[153]. - The total amount of loans provided by the company to its controlling shareholder was RMB 1,650,000 thousand, with an interest rate of 2.70%[157]. - The company’s total related party debts at the end of the reporting period amounted to RMB 1,650,000 thousand[157]. - The company’s financial transactions with related parties included a maximum deposit interest rate range of 0.50%-2.85%[156]. Shareholder Information - The company has a total of 13,579,541,500 shares outstanding, with China Railway Construction Group holding 51.13% of the shares[175]. - As of June 30, 2023, the total number of shareholders is 268,827, comprising 254,737 A-share shareholders and 14,090 H-share shareholders[176]. - The major shareholder, China Railway Construction Group Co., Ltd., is the beneficial owner of 6,942,736,590 shares, representing 60.35% of the A-shares[183]. - The company does not have any stock options or restricted stock granted to directors, supervisors, or senior management as of the reporting period[184]. Bonds and Financing - The company issued bonds with a total amount of RMB 499,775,000, maturing in 2024, with an interest rate of 4.30%[186]. - The company has issued multiple bonds aimed at professional investors through the Shanghai Stock Exchange[192]. - The company is focused on professional investors for bond issuance, indicating a targeted investment strategy[198]. - The company is actively managing risks associated with bond trading and potential delisting[199].

Financial Performance - For the first quarter of 2023, the company achieved operating revenue of RMB 273,538,545 thousand, representing a year-on-year increase of 3.43%[3] - The net profit attributable to shareholders was RMB 5,907,923 thousand, reflecting a growth of 5.10% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 5,663,839 thousand, with a year-on-year increase of 5.20%[3] - The basic earnings per share for the quarter was RMB 0.389, which is an increase of 6.87% year-on-year[3] - Total revenue for Q1 2023 reached RMB 273.54 billion, an increase of 3.99% compared to RMB 264.48 billion in Q1 2022[23] - Operating profit for Q1 2023 was RMB 8.44 billion, up from RMB 7.62 billion in Q1 2022, reflecting a growth of 10.83%[24] - Net profit attributable to shareholders for Q1 2023 was RMB 5.91 billion, compared to RMB 5.62 billion in Q1 2022, representing an increase of 5.14%[24] - The total comprehensive income for Q1 2023 was CNY 6,666,806, an increase from CNY 6,422,997 in Q1 2022, representing a growth of approximately 3.8%[26] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.389, compared to CNY 0.364 in Q1 2022, indicating an increase of about 6.9%[27] Assets and Liabilities - The total assets at the end of the reporting period were RMB 1,591,747,040 thousand, up 4.45% from the end of the previous year[3] - Total assets as of March 31, 2023, amounted to RMB 1.59 trillion, up from RMB 1.52 trillion at the end of 2022, indicating a growth of 4.67%[22] - Total liabilities increased to RMB 1.20 trillion as of March 31, 2023, from RMB 1.14 trillion at the end of 2022, marking a rise of 5.59%[21] - Current assets totaled RMB 1.06 trillion, an increase from RMB 1.01 trillion at the end of 2022, reflecting a growth of 5.73%[18] - The company’s total equity reached RMB 390.16 billion as of March 31, 2023, compared to RMB 386.02 billion at the end of 2022, reflecting an increase of 1.10%[22] - The company’s total equity increased to RMB 166,751,869 thousand as of March 31, 2023, from RMB 166,675,963 thousand at the end of 2022[35] - The company’s total liabilities and equity stood at RMB 204,791,873 thousand as of March 31, 2023[35] Cash Flow - The net cash flow from operating activities was negative at RMB -39,215,590 thousand, which is not applicable for year-on-year comparison[3] - Cash inflow from operating activities in Q1 2023 was CNY 291,587,304, up from CNY 270,305,646 in Q1 2022, reflecting a growth of approximately 7.9%[28] - Cash outflow from operating activities in Q1 2023 totaled CNY 330,802,894, compared to CNY 311,403,623 in Q1 2022, resulting in a net cash flow from operating activities of CNY -39,215,590, an improvement from CNY -41,097,977 in Q1 2022[29] - Net cash flow from investing activities in Q1 2023 was CNY -15,200,506, an improvement from CNY -19,200,397 in Q1 2022, indicating a reduction in cash outflow by approximately 21.1%[30] - Net cash flow from financing activities in Q1 2023 was CNY 51,136,949, compared to CNY 71,964,303 in Q1 2022, showing a decrease of about 29.1%[31] - The company reported a net increase in cash and cash equivalents of CNY -3,461,865 for Q1 2023, compared to an increase of CNY 11,511,560 in Q1 2022[31] - The company reported a net increase in cash and cash equivalents of RMB 2,512,976 thousand for Q1 2023, compared to RMB 2,274,274 thousand in Q1 2022[44] Contracts and Business Growth - The total amount of new contracts signed from the beginning of the year to the end of the reporting period is RMB 539.6336 billion, representing a year-on-year growth of 15.82%[13] - Domestic business new contracts amount to RMB 509.283 billion, accounting for 94.38% of the total new contracts, with a year-on-year increase of 17.33%[13] - The new contracts in the engineering contracting sector reached RMB 397.6947 billion, showing a significant year-on-year increase of 41.66%[14] - The green environmental protection sector saw new contracts amounting to RMB 20.2477 billion, with a remarkable year-on-year growth of 131.99%[15] - The total amount of uncompleted contracts as of March 31, 2023, is RMB 6,635.9373 billion, an increase of 4.29% compared to the end of the previous year[13] - The railway engineering sector's new contracts amounted to RMB 526.045 billion, reflecting a year-on-year increase of 23.52%[16] - The water conservancy and water transport engineering sector experienced a year-on-year increase of 144.77%, with new contracts totaling RMB 158.039 billion[17] - The airport engineering sector saw a dramatic year-on-year increase of 771.28%, with new contracts amounting to RMB 23.969 billion[17] - The company signed new contracts in the investment operation sector totaling RMB 43.4736 billion, which represents a year-on-year decrease of 60.22%[14] Management Changes - The company experienced a significant turnover in management, with Mr. Li Ning resigning from his position due to age reasons on March 27, 2023[17]

重要提示 一. 本公司董事會、監事會及董事、監事、高級管理人員保證年度報告內容的真實性、準確性、完 整性，不存在虛假記載、誤導性陳述或重大遺漏，並承擔個別和連帶的法律責任。 二. 未出席董事情況 未出席董事職務 未出席董事姓名 未出席董事的原因說明 被委託人姓名 黨委書記、董事長、 汪建平 因其他公務未出席 莊尚標 執行董事 本次會議 三. 德勤華永會計師事務所（特殊普通合夥）為本公司出具了標準無保留意見的審計報告。 四. 公司負責人汪建平、主管會計工作負責人王秀明及會計機構負責人（會計主管人員）王磊聲明： 保證年度報告中財務報告的真實、準確、完整。 五. 董事會決議通過的本報告期利潤分配預案或公積金轉增股本預案 根據公司2022年度經審計財務報告，2022年年初母公司未分配利潤為32,095,833千元，加 上本年度母公司實現的淨利潤13,425,745千元，扣除2021年度現金分紅3,340,567千元， 分配2022年度其他權益工具持有人的利息2,745,319千元，本年末母公司可供分配利潤為 39,435,692千元。根據《公司法》《公司章程》，以2022年12月31日公司總股本13,579,541, ...

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 不對任何就因本公告全部或任何部份內容而產生或因倚賴該等內容而 引致的任何損失承擔責任。 （上市債務證券代號：5945、5581、40686和40687） 2022年 度 業 績 公 告 本 公 司 董 事 會 欣 然 宣 佈 本 公 司 及 其 附 屬 公 司 截 至2022年12月31日 止 年 度 的 經 審 計 業 績。本 公 告 列 載 本 公 司2022年 年 報 全 文，並 符 合 香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規 則 中 有 關 年 度 業 績 初 步 公 告 附 載 的 資 料 的 要 求。本 公 司2022年 年 報 的 印 刷 版 本 將 於2023年4月30日 或 之 前寄發予本公司的H股股東，並可於其時在香港聯合交易所有限公司 的網站www.hkex.com.hk及本公司的網站http://www.crcc.cn上閱覽。 ...

F 中国铁建 中 國 鐵 建 股 份 有 限 公 司 China Railway Construction Corporation Limited (於中華人民共和國註冊成立的股份有限公司) 股份代號：1186 年 度 重要提示 一. 本公司董事會、監事會及董事、監事、高級管理人員保證年度報告內容的真實、準確、完整， 不存在虛假記載、誤導性陳述或重大遺漏，並承擔個別和連帶的法律責任。 二. 公司全體董事出席董事會會議。 三. 德勤華永會計師事務所（特殊普通合夥）為本公司出具了標準無保留意見的審計報告。 四. 公司負責人汪建平、主管會計工作負責人王秀明及會計機構負責人（會計主管人員）郭雙來聲 明：保證年度報告中財務報告的真實、準確、完整。 五. 經董事會審議的報告期利潤分配預案或公積金轉增股本預案 根據公司2020年度經審計財務報告，2020年年初母公司未分配利潤為19,005,961,004.91 元，加上本年度母公司實現的淨利潤15,260,631,296.23元，扣除2019年度現金分紅 2,851,703,715.00元、分配其他權益工具持有人的利息2,024,337,814.58元，本年末母公 司可供 ...