股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國鐵建股份有限公司 呈交日期: 2026年3月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01186 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,076,296,000 | RMB | | 1 RMB | | 2,076,296,000 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 2,076,296,000 | RMB | | 1 RMB | | 2,076,296,000 | | 2. 股份分類 | 普通股 | 股份類別 | A | | ...

Investment Rating - The report maintains a "Positive" investment rating for the construction and engineering sector [8]. Core Insights - The construction sector's performance shows a phase differentiation around the Two Sessions from 2021 to 2025, with most years experiencing an increase in the two trading days before the sessions, while the period during the sessions has seen declines. Post-session, there is often a recovery in the following five trading days [2][6]. - The construction sector is primarily policy-driven, with a notable weakening in the pre-session policy speculation. However, there is a significant recovery following the clarification of policies post-sessions. The report highlights that the Longjiang Construction Engineering Index saw increases in the two trading days before the sessions, except for 2022 and 2025, with a notable 3.9% increase in 2023 [12]. - The report suggests that the industry focus may shift towards cutting-edge technologies related to new productive forces and consumer sectors related to domestic demand expansion [12]. Summary by Sections Market Performance - The construction sector has shown a mixed performance in the past 12 months, with a notable increase in the Longjiang Construction Engineering Index compared to the CSI 300 index [10]. Event Commentary - The report indicates that the overall resumption of work in early 2023 has improved, with a work resumption rate of 8.9% and a labor utilization rate of 15.5% as of February 25, 2023. The anticipated GDP growth target for 2026 is likely to be set between 4.5% and 5.0% [12]. - The report emphasizes the importance of monitoring the construction sector's response to policy changes, particularly in the context of local debt pressures and the ongoing real estate downturn [12]. Investment Recommendations - The report recommends focusing on three main lines within the construction sector: 1. **Domestic Demand Chain**: Highlighting companies like Sichuan Road and Bridge, China State Construction, and China Railway [12]. 2. **Inflation Chain**: Companies such as China Chemical are expected to benefit from rising commodity prices [12]. 3. **Technology Chain**: Companies involved in cleanroom construction and commercial aerospace are highlighted, including Yaxiang Integration and Shenghui Integration [12].

Report Summary 1. Investment Rating The provided content does not mention the investment rating of the industry. 2. Core View - The market sentiment is dominated by risk - aversion, leading to a significant decline in US Treasury yields. The 10 - year and 2 - year US Treasury yields decreased by 15 and 10 basis points respectively last week to 3.94% and 3.37%. Although recent data shows a rebound in US inflation pressure, risk - aversion sentiment has overshadowed this, causing the yields to drop [1][2][3]. - The geopolitical conflict between the US, Israel and Iran has escalated, with the US and Israel launching military actions against Iran and Iran counter - attacking and blocking the Strait of Hormuz. This has led to a sharp rise in crude oil prices, which may affect inflation. The military action may last for four weeks, and in the short term, US Treasuries may remain volatile under the resonance of risk - aversion and rising inflation expectations. Higher - than - expected inflation data and the rise in energy prices triggered by geopolitical conflicts have further reduced the possibility of the Fed cutting interest rates in March [1][3]. - Driven by the significant decline in US Treasury yields, Chinese dollar - denominated bonds performed well last week, with the Bloomberg Barclays Chinese dollar - denominated bond total return index rising 0.4% for the week. Among them, the high - rating index rose 0.5% and the high - yield index rose 0.2% [1][3]. - In the on - shore market, after the Spring Festival, the central bank net - withdrew short - term liquidity of 611.4 billion RMB through reverse repurchase operations and net - injected long - term funds of 300 billion RMB through MLF over - renewal. Bank - to - bank funding rates have rebounded significantly compared to before the Spring Festival. The 3 - year and 10 - year Treasury yields were flat and up 2 basis points respectively compared to before the Spring Festival, reaching 1.38% and 1.82%. The domestic interest - rate bond market was also boosted by risk - aversion sentiment on Monday, with yields on Treasury bonds of various maturities generally declining. The Two Sessions will be held this week, and the 2026 economic targets, fiscal support, and possible release of more monetary policy signals will be priced in the bond market [1][4]. 3. Summary by Category Off - shore Market - The issuance of Chinese dollar - denominated bonds remained light, with only one new issuance of over $100 million for the whole week. In contrast, the issuance of off - shore RMB bonds was quite active, with a total issuance of 65.5 billion RMB for the whole week, mainly driven by the issuance of 50 billion RMB central bank bills by the People's Bank of China [2]. - The significant decline in US Treasury yields was due to the market being dominated by risk - aversion sentiment. Although recent inflation data in the US has rebounded, the geopolitical risk has significantly escalated, and the US Treasury market has priced in the war risk in advance [2][3]. On - shore Market - After the Spring Festival, funds flowed back to the banking system. The central bank adjusted the liquidity through reverse repurchase operations and MLF. Bank - to - bank funding rates increased, and the yields of 3 - year and 10 - year Treasury bonds changed compared to before the Spring Festival. The domestic interest - rate bond market was affected by risk - aversion sentiment, and the yields of Treasury bonds of various maturities declined. The upcoming Two Sessions may bring new economic and policy signals to the bond market [1][4]. List of Chinese Dollar - denominated Bonds The documents provide a detailed list of Chinese dollar - denominated bonds, including information such as issuers, guarantors, coupon rates, issuance amounts, maturities, and ratings [7][17][23].

Core Viewpoints - The report emphasizes the importance of energy security amid the US-Iran conflict and highlights investment opportunities in the construction sector during the upcoming Two Sessions, focusing on major projects, urban renewal, and new productivity infrastructure [1][4]. Section Summaries 1. Investment Opportunities Ahead of the 2026 Two Sessions - The report predicts that the Two Sessions will continue the "proactive fiscal policy + structural monetary easing" approach, with three main focuses: major projects, urban renewal, and new productivity infrastructure. Infrastructure investment growth is expected to rebound from approximately -1% in 2025 to around 6.2% in 2026, becoming a key driver for stabilizing fixed asset investment [12][13]. 2. Mainline Selection - Structural recovery in infrastructure investment is anticipated, particularly in regions like Sichuan, Xinjiang, and Tibet, supported by central government funding. The report suggests monitoring order fulfillment and company PE levels, with a focus on companies such as Sichuan Road and Bridge, Xinjiang Communications Construction, and others [20][22]. 3. Timing Theme Investments - The report identifies urban renewal, underground pipelines, environmental codes, and the Middle East situation as key investment themes. It highlights the importance of urban renewal policies and the expected increase in demand for underground pipeline construction, with over 700,000 kilometers planned for renovation during the 14th Five-Year Plan, requiring over 5 trillion yuan in new investment [4][12]. 4. Left-Side Recommendations - Major construction state-owned enterprises are currently undervalued and have low institutional holdings. The report suggests focusing on companies with strong cash flow management and stable dividend policies, such as China State Construction, China Railway Construction, and others [4][20]. 5. Investment Recommendations - The report recommends focusing on energy security due to escalating US-Iran tensions, with specific suggestions for companies in chemical engineering, nuclear power, and oil and gas sectors. It also emphasizes the importance of urban renewal and underground pipeline projects, recommending companies like China State Construction and China Communications Construction [4][24]. 6. Key Company Valuations and Financial Analysis - The report provides a detailed valuation and financial analysis of key companies in the construction sector, indicating a generally positive outlook with buy ratings for major players such as China State Construction, China Railway, and others, reflecting their potential for growth and recovery [5][18].

中国铁建股份有限公司 2026 年第一次临时股东会 会议资料 增补公司执行董事的议案 各位股东及股东代表： 二〇二六年三月 中国铁建 2026 年第一次临时股东会 目 录 | | | 1 中国铁建 2026 年第一次临时股东会 中国铁建股东会会议资料： 2 中国铁建 2026 年第一次临时股东会 附件： 简 历 经公司控股股东中国铁道建筑集团有限公司推荐，并经公司董事会提名委员 会审议通过，提名裴岷山先生、陈志明先生为公司执行董事候选人，任期自股东 会通过之日起，与公司第六届董事会任期相同。裴岷山先生、陈志明先生的简历 详见附件。 以上议案请各位股东审议。 附件：简历 中国铁建股份有限公司董事会 2026 年 3 月 20 日 裴岷山先生，55 岁，中国国籍，无境外居留权，现任本公司总裁、党委副 书记，同时任中国铁道建筑集团有限公司总经理、党委副书记、董事。曾任中交 公路规划设计院有限公司生产经营管理部主任，总经理助理，副总经理，总经理、 党委副书记、董事，董事长、总经理、党委副书记，党委书记、董事长、总经理， 党委书记、董事长。2019 年 10 月任中国交通建设股份有限公司党委常委、副总 裁。2021 年 ...

证券代码：601186 证券简称：中国铁建 公告编号：2026-006 (一) 股东会类型和届次 2026年第一次临时股东会 召开的日期时间：2026 年 3 月 20 日 9 点 00 分 召开地点： 北京市海淀区复兴路 40 号中国铁建大厦 (五) 网络投票的系统、起止日期和投票时间。 股东会召开日期：2026年3月20日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 中国铁建股份有限公司 关于召开2026年第一次临时股东会的通知 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： 一、 召开会议的基本情况 不涉及 二、 会议审议事项 本次股东会审议议案及投票股东类型 | 序号 | 议案名称 | 投票股东类型 | | | --- | --- | --- | --- | | | | 股股东 A H | 股股东 | | 累积投票议案 | | | | | 1.00 | 增补公司执行董事的议案 | 应选董事（2）人 | | | 1.01 | 增补裴岷山先生为公司执行董事的议案 | √ | √ | | ...

2026年第一次臨時股東會 回執 致：中國鐵建股份有限公司（「公司」） 1. 請用正楷填上全名（中文或英文，須與登記在公司股東名冊的相同）及地址。 2. 請填上以 閣下名義登記的公司股份數目。 3. 删去不適用者。 4. 請將此回執在填妥及簽署後於2026年3月18日（星期三）或之前送達公司董事會辦公室，地址為中華人民共和國北京市海淀區復興 路40號東院，郵編100855。此回執可親身交回公司，亦可以郵遞或以圖文傳真方式交回（圖文傳真號碼為：(8610) 5268 8302）。 附註： 本人╱吾等 （附註1 （中文姓名╱名稱）： ） （英文姓名╱名稱）： 地址為 為公司股本中每股面值人民幣1.00元之 股 （附註2） A股╱H股 （附註3） 的登記持有人，兹通知公司，本人╱吾等 擬親自或委託代理人出席公司於2026年3月20日（星期五）上午9時在中華人民共和國北京市海淀區復興路40號中國鐵建大廈 舉行的2026年第一次臨時股東會。 日期：2026年 月 日 簽署： ...

為中國鐵建股份有限公司（「本公司」）股東，現委任大會主席 （附註4） ，或 地址為 為本人╱吾等的代 於2026年3月20日（星期五）舉行的 2026年第一次臨時股東會之代理人委託書 與本代理人委託書有關之股份數目 （附註1） 與本代理人委託書有關之股份類別 （A股或H股） （附註2） 本人╱吾等 （附註3） 地址為 請特別注意，各股東投給所有董事候選人的全部票數之和不得超過各股東持有股份所代表的全部表決票數。即，倘一名股東投給一位、幾位或 所有董事候選人的表決票總數如多於該名股東持有股份所代表的全部表決票數時，則全部投票無效；一名股東投給一位、幾位或所有董事候選 人的表決票總數如少於該名股東持有股份所代表的全部表決票數時，則投票有效，而沒有投票之差額部分視為放棄投票。董事候選人所獲得的 得票數超過出席臨時股東會的股東所代表有表決權股份總數（假設未採納累積表決）的二分之一，則其將視為當選。 1. 請填上以 閣下名義登記與本代理人委託書有關之股份數目。如未有填上數目，則本代理人委託書將被視為與本公司已發行股本中所有以 閣 下名義登記的股份有關。 2. 亦請 閣下填上本代理人委託書有關股份類別（A股或H股）。 3 ...

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通告的內 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 不對因本通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。 2026年第一次臨時股東會通知 茲通知 中 國 鐵 建 股 份 有 限 公 司（「本公司」）謹 訂 於2026年3月20日（星 期 五） 上 午9時 在 中 華 人 民 共 和 國（「中 國」）北 京 市 海 淀 區 復 興 路40號中國鐵建 大廈舉行2026年 第 一 次 臨 時 股 東 會（「臨時股東會」），藉 以 審 議 並 酌 情 通 過 以 下 決 議 案： 獨立普通決議案 1. 增 補 公 司 執 行 董 事 的 議 案： 戴和根 中國‧北京 2026年3月2日 1.1 增補裴岷山先生為公司執行董事的議案 – 1 – 1.2 增補陳志明先生為公司執行董事的議案 承董事會命 中國鐵建股份有限公司 董事長 於 本 通 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 ...

此乃要件 請即處理 閣下如對本通函的任何方面或應採取的行動有任何疑問，應諮詢 閣下的股票經紀或其他註 冊證券交易商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已將名下的中國鐵建股份有限公司的股份全部售出或轉讓，應立即將本通函連同代理 人委託書及回執送交買主或承讓人，或送交經手買賣或轉讓的銀行、持牌證券交易商或其他 代理商，以便轉交買主或承讓人。 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通函的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不就因本通函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任何責任。 建議委任執行董事 及 臨時股東會通知 本公司將於2026年3月20日（星期五）上午9時在中華人民共和國北京市海淀區復興路40號中國 鐵建大廈舉行2026年第一次臨時股東會（「臨時股東會」），會議通知載於本通函第5頁至第7頁。 隨函附奉臨時股東會適用的回執及代理人委託書，有關回執及代理人委託書亦登載於香港聯 交所網站(www.hkex.com.hk)及本公司網站(www.crcc.cn)。如 閣下符合資格並有意出席臨時 股東會，須按隨附回執上印列的指示填妥 ...