Core Viewpoint - China Railway (00390) announced a share buyback program, indicating a strategic move to enhance shareholder value through repurchasing shares [1] Summary by Categories Share Buyback Details - As of October 31, 2025, the company has repurchased a total of 6.9986 million shares [1] - The repurchased shares represent 0.0283% of the company's total share capital [1] - The highest transaction price during the buyback was 5.75 CNY per share, while the lowest was 5.63 CNY per share [1] - The total amount spent on the buyback reached 39.9993 million CNY, excluding transaction fees [1]

中国中铁（601390）(00390)发布公告，截至2025年10月31日，公司通过上海证券交易所系统以集中竞 价交易方式累计回购股份699.86万股，已回购股份占公司总股本的比例为0.0283%，成交最高价为5.75 元/股，成交最低价为5.63元/股，成交总金额为3999.93万元(不含交易费用)。 ...

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。 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。 茲載列中國中鐵股份有限公司於2025年11月4日在上海證券交易所網站刊登的「中國中鐵 股份有限公司關於股份回購進展公告」，僅供參閱。 承董事會命 中國中鐵股份有限公司 陳文健 董事長 | 回购方案首次披露日 | 2025 年 4 月 30 日 | | | | | | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2025 年 6 月 20 日至 | 2026 | 年 6 | 月 19 | 日 | | 回购股份种类 | 公司发行的人民币普通股（A | | | 股）股票 | | | 回购股份方式 | 集中竞价交易方式 | | | | | | 预计回购金额 | 人民币 8 亿元-16 亿元 | | | | | | 回购资金来源 | 自有资金和股票回购专项贷款 | | | | | | 回购 ...

Core Viewpoint - China Railway (601390.SH) has announced a share buyback program, indicating a commitment to returning value to shareholders through capital management strategies [1] Summary by Categories Share Buyback Details - As of October 31, 2025, the company has repurchased a total of 6.9986 million shares [1] - The repurchased shares account for 0.0283% of the company's total share capital [1] - The highest transaction price during the buyback was 5.75 yuan per share, while the lowest was 5.63 yuan per share [1] - The total amount spent on the buyback reached 39.9993 million yuan, excluding transaction fees [1]

A 股代码：601390 A 股简称：中国中铁 公告编号：临 2025-060 H 股代码：00390 H 股简称：中国中铁 关于股份回购进展公告 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管 指引第 7 号——回购股份》等法律法规及规范性文件的规定，现将公司截 至上月末回购股份的进展情况公告如下： 截至 2025 年 10 月 31 日，公司通过上海证券交易所系统以集中竞价 交易方式累计回购股份 6,998,600 股，已回购股份占公司总股本的比例为 0.0283%，成交最高价为 5.75 元/股，成交最低价为 5.63 元/股，成交总 金额为 39,999,328.00 元（不含交易费用）。 上述股份回购符合法律法规的规定及公司回购方案的要求。 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。 一、回购股份的基本情况 中国中铁股份有限公司（以下简称"本公司"或"公司"）2025 年 6 月 20 日召开 2024 年年度股东大会、2025 年第一次 A 股类别股东会议、 重要内容提示： 回购方案首次披露日 ...

Core Viewpoint - The traditional infrastructure giants are facing challenges in the first three quarters of the year, with five out of eight major state-owned construction enterprises experiencing revenue declines and seven seeing profit reductions, prompting a shift towards overseas markets as a key growth strategy [3][12]. Group 1: Performance of Major Construction Enterprises - In the first three quarters, major construction enterprises like China State Construction, China Railway, and China Communications Construction reported significant revenue declines, with China Metallurgical Group experiencing a nearly 20% drop [13][14]. - Only China Electric Power Construction, China Energy Construction, and China Chemical managed to achieve revenue growth, with increases of 3.04%, 9.62%, and 1.26% respectively [13]. - The net profit of these enterprises also showed a downward trend, with China Metallurgical Group's net profit decreasing by 41.88% [14]. Group 2: Overseas Expansion and New Opportunities - Major construction companies are increasingly focusing on overseas markets, with China Communications Construction signing contracts worth 319.746 billion yuan abroad in 2023, a 47.50% increase year-on-year [6]. - China Railway and China Electric Power Construction also reported significant growth in overseas contracts, with increases of 35.2% and 21.45% respectively [7][10]. - The "Belt and Road" initiative and other international cooperation mechanisms are providing new opportunities for these companies, as global infrastructure investment gaps are projected to reach $15 trillion by 2030 [9][10]. Group 3: Major Projects and Future Trends - Significant projects are increasingly concentrated among leading enterprises, with China Electric Power Construction and others securing large contracts in various regions, including Latin America and the Middle East [11][12]. - The demand for diverse infrastructure projects, including renewable energy and digital construction, is expected to grow, with global low-carbon infrastructure investments projected to reach $9.2 trillion from 2023 to 2030 [10]. - Countries like Indonesia, Vietnam, and Thailand are planning substantial infrastructure investments, indicating a robust future demand for construction services [10].

Group 1 - The core point of the article is that China Railway announced a share buyback plan, having repurchased a total of 6.9986 million shares by October 31, 2025, which accounts for 0.0283% of the company's total share capital [1] - The highest transaction price during the buyback was 5.75 yuan per share, while the lowest was 5.63 yuan per share [1] - The total amount spent on the share buyback reached 39.9993 million yuan, excluding transaction fees [1]

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: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國中鐵股份有限公司 呈交日期: 2025年11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) | 00390 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 4,207,390,000 | RMB | | | 1 RMB | | 4,207,390,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 4,207,390,000 | RMB | | | 1 RMB | | 4,207,390,000 | | 2. 股份分類 ...

每经AI快讯，中国中铁（SH 601390，收盘价：5.62元）11月4日晚间发布公告称，截至2025年10月31 日，公司通过上海证券交易所系统以集中竞价交易方式累计回购股份约700万股，已回购股份占公司总 股本的比例为0.0283%，成交最高价为5.75元/股，成交最低价为5.63元/股，成交总金额约为4000万元。 截至发稿，中国中铁市值为1390亿元。 2025年1至6月份，中国中铁的营业收入构成为：市政占比43.99%，铁路行业占比27.61%，公路占比 13.52%，其他行业占比5.87%，房地产开发占比3.05%。 每经头条（nbdtoutiao）——中国这个行业爆了！海外订单猛增246%，覆盖50多国和地区，企业家提 醒：有人正以亏本价销售，警惕恶性竞争扩至海外 （记者 曾健辉） ...

Core Viewpoint - China Railway (601390.SH) has announced a share buyback program, indicating a commitment to returning value to shareholders through capital management strategies [1] Summary by Categories Share Buyback Details - As of October 31, 2025, the company has repurchased a total of 6.9986 million shares [1] - The repurchased shares account for 0.0283% of the company's total share capital [1] - The highest transaction price during the buyback was 5.75 CNY per share, while the lowest was 5.63 CNY per share [1] - The total amount spent on the buyback reached 39.9993 million CNY, excluding transaction fees [1]