Core Insights - The article highlights the achievements of China Railway Group, emphasizing its role in global infrastructure development and its commitment to innovation, quality, and brand enhancement [2][3][4][5] Group 1: Innovation - China Railway Group has consistently led the world in the production and sales of shield machines for eight consecutive years, showcasing its commitment to innovation in engineering equipment [3] - The company has developed various groundbreaking machinery, including the world's largest diameter vertical shaft tunneling machine and the first variable diameter shield machine, contributing to its reputation as a leader in "Chinese creation" [3] Group 2: Quality - The company has participated in the construction of two-thirds of China's railway mileage, half of its high-speed rail, and three-fifths of urban rail transit, setting high standards for "Chinese construction" quality [4] - Notable projects include the Pingtan Strait Rail-Road Bridge and the Lalin Railway, which have achieved significant engineering milestones and earned numerous national awards [4] Group 3: Brand Enhancement - China Railway Group has successfully completed major international projects, such as the Kamchik Tunnel in Uzbekistan and the Padma Bridge in Bangladesh, enhancing its global brand recognition [5] - The company continues to promote "Chinese construction" through projects like the China-Laos Railway and the Jakarta-Bandung High-Speed Railway, utilizing Chinese technology and standards [5]

Market Overview - The infrastructure sector increased by 0.77% compared to the previous trading day, with Guosheng Technology leading the gains [1] - The Shanghai Composite Index closed at 4023.42, up 1.38%, while the Shenzhen Component Index closed at 13828.63, up 2.24% [1] Top Gainers in Infrastructure Sector - Guosheng Technology (603778) closed at 19.36, up 10.00% with a trading volume of 794,000 shares and a transaction value of 1.496 billion [1] - Nongshang Environment (300536) closed at 7.80, up 7.59% with a trading volume of 184,900 shares and a transaction value of 144 million [1] - Guanzhong Ecology (300948) closed at 23.31, up 7.47% with a trading volume of 183,000 shares and a transaction value of 421 million [1] Top Losers in Infrastructure Sector - ST Huawang (603007) closed at 5.75, down 4.80% with a trading volume of 322,300 shares and a transaction value of 189 million [2] - Dongzhu Ecology (603359) closed at 60.6, down 4.72% with a trading volume of 549,200 shares and a transaction value of 503 million [2] - Beixin Luqiao (002307) closed at 4.94, down 2.18% with a trading volume of 487,000 shares and a transaction value of 241 million [2] Capital Flow Analysis - The infrastructure sector experienced a net outflow of 139 million from institutional investors, while retail investors saw a net inflow of 196 million [2] - Major stocks like Huilv Ecology (001267) and China Nuclear Engineering (601611) had significant net inflows from retail investors, despite overall outflows from institutional and speculative funds [3] Individual Stock Capital Flow - Huilv Ecology (001267) had a net inflow of 44.69 million from institutional investors, but a net outflow of 32.70 million from retail investors [3] - China Nuclear Engineering (601611) saw a net inflow of 43.28 million from institutional investors, with outflows from both speculative and retail investors [3] - China Electric Power Construction (601669) had a net inflow of 21.58 million from institutional investors, while experiencing outflows from speculative and retail investors [3]

Core Viewpoint - China Railway (00390) announced the issuance of bonds with a coupon rate of 3.28% and a face value of 1,000.00 yuan per bond, with interest distribution set for January 12, 2026 [1] Group 1 - The bond's coupon rate is set at 3.28% [1] - Each bond has a face value of 1,000.00 yuan [1] - The interest payment per bond is 32.80 yuan (including tax) [1] - The interest payment date is scheduled for January 12, 2026 [1]

中国中铁（601390）(00390)发布公告，"22铁工02"票面利率(计息年利率)为3.28%，每手本期债券面值 为1000.00元，派发利息为32.80元(含税)。债券付息日：2026年1月12日。 ...

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。 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2026年1月5日在上海證券交易所網站刊登的「中國中鐵 股份有限公司2022年面向專業投資者公開發行公司債券（第一期）（品種二）2026年付息公 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 2026年1月5日 於本公告日期，本公司的執行董事為陳文健先生（董事長）及王士奇先生；本公司的非執 行董事為文利民先生及房小兵先生；本公司的獨立非執行董事為修龍先生、孫力實女士 及屠海鳴先生。 2、债券简称：22 铁工 02。 4、票面利率及付息金额：本期债券票面利率（计息年利率） 为 3.28%，每手本期债券面值为 1,000.00 元，派发利息为 32.80 元（含税）。 3、本年度计息期限：2025 年 1 月 12 日至 2026 年 1 月 11 日。 债券代码：185262.SH 债 ...

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: 2026年1月5日 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12月31日 狀態: 新提交 I. 法定/註冊股本變動 FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 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 | | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結存 | | | | 4,207,390,000 | | 0 | | 4,207,390,000 | | 增加 / 減少 (-) | | | | | | | | | | 本月底結存 | | | | 4,207,390,000 | | 0 | | 4, ...

暨上市的公告 登录新浪财经APP 搜索【信披】查看更多考评等级 A股证券代码：601390 A股证券简称：中国中铁 公告编号：2026-002 H股证券代码：00390 H股证券简称：中国中铁 中国中铁股份有限公司 关于2021年限制性股票激励计划 预留部分第二个解除限售期解除限售 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、准确性和完整性依法承担法律责任。 重要内容提示： ● 本次股票上市类型为股权激励股份；股票认购方式为网下，上市股数为3,973,988股。 本次股票上市流通总数为3,973,988股。 ● 本次股票上市流通日期为2026年1月9日。 中国中铁股份有限公司（以下简称"公司"）于2025年12月31日召开第六届董事会第十七次会议，审议通 过了《关于中国中铁2021年限制性股票激励计划预留部分第二批次解除限售的议案》，现将有关事项说 明如下： 一、本激励计划预留部分第二个解除限售期解除限售已履行的相关审批程序和信息披露情况 （一）已履行的相关决策程序和信息披露情况 1．2021年11月22日，公司第五届董事会第十一次会议审议通过《关于〈 ...

Investment Rating - The report rates the construction industry as "Buy" [1] Core Insights - The National Development and Reform Commission has announced a significant investment plan for 2026, with a total of approximately 295 billion yuan allocated for major infrastructure projects, including the Guangzhou New Airport and the Zhanjiang to Haikou ferry project, with total investments exceeding 400 billion yuan [4][3] - The report emphasizes the orderly expansion of low-altitude economic application scenarios, with significant progress expected in housing quality improvement by 2030 [4][3] - The report recommends several companies in emerging sectors such as clean rooms, commercial aerospace, and controlled nuclear fusion, highlighting specific stocks like Yaxiang Integration and China Nuclear Engineering [4][6] Summary by Sections Recent Key Reports - The report discusses the need for high-demand, high-barrier, and high-profit leading companies in the construction industry, focusing on sectors like AI, controlled nuclear fusion, and low-altitude economy [8][10] Key Company Recommendations - Recommended companies include China Construction (dividend yield 5.29%), China Railway (dividend yield 4.81%), and China Communications Construction (dividend yield 3.39%), all of which are expected to benefit from stable growth and government investment [6][4] Macro/Meso/Micro Data Tables - The report includes various data tables that provide insights into the financial performance and projections of key construction companies, indicating a trend of improving cash flow and profitability in certain sectors [6][4] Infrastructure Investment Trends - The report predicts a significant increase in infrastructure investment, with a projected growth rate of 10.9% for broad infrastructure investment in 2025, driven by government policies and funding mechanisms [29][30]

中国中铁（601390）(00390)发布公告，截至2025年12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2881.2万股，已回购股份占公司总股本的比例为0.1167%，成交最高价为5.75 元/股，成交最低价为5.42元/股，成交总金额为1.6亿元(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2026年1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 中國 • 北京 2026年1月4日 | | 4 | | --- | --- | | 回购方案首次披露日 | 2025 年 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 | | 回购价格上限 | 不超过人民币 8.50 元/股 | | 回购用途 | 减少注册资本 | | 累计已回 ...