Core Viewpoint - China Railway (601390.SH) reported a decline in both revenue and net profit for the first three quarters of 2025 compared to the previous year [1] Financial Performance - The total operating revenue for the first three quarters reached 776.059 billion yuan, representing a year-on-year decrease of 5.39% [1] - The net profit attributable to shareholders was 17.49 billion yuan, down 14.97% year-on-year [1] - The basic earnings per share stood at 0.642 yuan [1]

Core Viewpoint - China Railway (601390) announced that it has not provided guarantees for its controlling shareholders, actual controllers, or their related parties, and there are no overdue external guarantees [1] Summary by Relevant Categories Company Information - The company confirmed that it has not provided any guarantees to its controlling shareholders and actual controllers [1] - There are no overdue external guarantees reported by the company [1]

Core Viewpoint - China Railway (00390) reported a decline in revenue and net profit for the first three quarters of 2025, indicating challenges in the current market environment [1] Financial Performance - The company's operating revenue was approximately 773.814 billion yuan, a year-on-year decrease of 5.46% [1] - The net profit attributable to shareholders was about 17.49 billion yuan, reflecting a year-on-year decrease of 14.97% [1] - Basic earnings per share stood at 0.642 yuan [1] Contractual Performance - As of the end of September, the company achieved new contract signings totaling 1,584.92 billion yuan, representing a year-on-year growth of 3.7% [1] - Domestic business new contract signings amounted to 1,418.28 billion yuan, with a year-on-year increase of 1.0% [1] - International business new contract signings reached 166.64 billion yuan, showing a significant year-on-year growth of 35.2% [1] - The total uncompleted contract amount was 7,544.09 billion yuan, an increase of 9.6% compared to the end of the previous year [1]

Core Insights - The company reported a total operating revenue of 776.059 billion yuan for the first three quarters of 2025, representing a year-on-year decline of 5.39% [1] - The comprehensive gross profit margin stood at 8.84%, a decrease of 0.11 percentage points compared to the previous year [1] - The new contract amount signed by the company reached 1,584.92 billion yuan, showing a year-on-year growth of 3.7% [1] Domestic and International Business Performance - The domestic business achieved a new contract amount of 1,418.28 billion yuan, reflecting a year-on-year increase of 1.0% [1] - The international business saw a significant increase in new contract amount, reaching 166.64 billion yuan, which is a year-on-year growth of 35.2% [1] Contract Backlog - As of the end of the reporting period, the company had an uncompleted contract amount of 7,544.09 billion yuan, which is a 9.6% increase compared to the end of the previous year [1]

Core Insights - China Railway Group Limited (00390.HK) reported a revenue of approximately RMB 262.72 billion for Q3 2025, representing a year-on-year decrease of 4.53% [1] - The net profit for the same period was around RMB 5.664 billion, down 9.98% year-on-year [1] - Basic earnings per share stood at RMB 0.23 [1] Financial Performance - For the first three quarters, the total revenue was approximately RMB 773.814 billion, reflecting a year-on-year decline of 5.56% [1] - The net profit for the first three quarters was about RMB 17.49 billion, which is a decrease of 14.97% compared to the previous year [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。 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10月30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2025年第三季度對外擔保實際發生情況的公告」，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 2025年10月30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。 | A 股代码：601390 | A 股简称：中国中铁 | 公告编号：临 | 2025-057 | | --- | --- | --- | --- | | H 股代码：00390 | H 股简称：中国中铁 | | | 中国中铁股份有限公司 关于 2025 年第三季度对外担保实际发生情况的公告 本公司董事会及全体董事保证本公告内容 ...

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10月30日在上海證券交易所網站刊登的「中國中鐵 股份有限公司第六屆董事會第十六次會議決議公告」，僅供參閱。 经过有效表决，会议审议通过了以下议案： 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 2025年10月30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。 | H 股代码：00390 | 股代码：601390 A | | --- | --- | | H 股简称：中国中铁 | 股简称：中国中铁 A | | | 公告编号：临 2025-058 | 中国中铁股份有限公司 第六届董事会第十六次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任 ...

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。 董事長 中國 • 北京 2025年10月30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。 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10月30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2025年中期分紅方案的公告」，僅供參閱。 承董事會命 中國中鐵股份有限公司 陳文健 | A | 股代码：601390 | A | 股简称：中国中铁 | 公告编号：临 | 2025-059 | | --- | --- | --- | --- | --- | --- | | H | 股代码：00390 | H | 股简称：中国中铁 | | | 中国中铁股份有限公司 关于 2025 年中期分红方案的公告 本公司董事会 ...

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。 截至2025年9月30日止第三季度業績公告 中國中鐵股份有限公司（「本公司」或「公司」）董事會宣佈本公司及其附屬公司截至2025年 9月30日止第三季度根據中國企業會計準則編製的未經審計業績（「第三季度業績」）。本公 告乃根據香港聯合交易所有限公司證券上市規則第13.09條作出及證券及期貨條例（香港 法例第571章）第XIVA部內幕消息條文作出。 1 重要提示 - 1 - 1.1 公司董事會及董事、高級管理人員保證季度報告內容的真實、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。 1.2 公司負責人陳文健、主管會計工作負責人孫璀及會計機構負責人（會計主管人 員）于來新保證季度報告中財務信息的真實、準確、完整。 1.3 本公司第三季度財務報表未經審計。 2 主要財務數據 2.1 主要會計數據和財務指標 單位：千元 幣種：人民幣 | | | 本報告期 | | 年初至報告 | ...

Core Viewpoint - China Railway reported a decline in revenue and net profit for the first three quarters of 2025, indicating challenges in the infrastructure sector [1][2]. Financial Performance - The company's revenue for the first three quarters was 773.814 billion yuan, a year-on-year decrease of 5.46% [1]. - The net profit attributable to shareholders was 17.490 billion yuan, down 14.97% year-on-year [1]. - The net profit after deducting non-recurring items was 15.201 billion yuan, a decline of 20.04% year-on-year [1]. - Basic earnings per share stood at 0.64 yuan [1]. Profitability Metrics - The gross profit margin for the first three quarters was 8.64%, a decrease of 0.15 percentage points year-on-year [2]. - The net profit margin was 2.48%, down 0.26 percentage points compared to the same period last year [2]. - In Q3 2025, the gross profit margin improved to 8.85%, an increase of 0.13 percentage points year-on-year [2]. - The net profit margin for Q3 was 2.31%, a decrease of 0.16 percentage points year-on-year [2]. Cost Management - Total operating expenses for the period were 39.167 billion yuan, a reduction of 2.256 billion yuan year-on-year [2]. - The expense ratio remained stable at 5.06% compared to the same period last year [2]. - Sales expenses decreased by 1.68%, management expenses decreased by 13.78%, and R&D expenses decreased by 15.01% [2]. - Financial expenses increased significantly by 80.11% [2]. Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 486,900, an increase of 24,800 or 5.38% from the end of the previous half [2]. - The average market value per shareholder decreased from 300,400 yuan to 280,000 yuan, a decline of 6.80% [2]. Company Overview - China Railway, established on September 12, 2007, and listed on December 3, 2007, is headquartered in Beijing [3]. - The company’s main business includes infrastructure construction, design and consulting services, equipment manufacturing, real estate development, and other services [3]. - The revenue composition is as follows: infrastructure construction 46.05%, municipal infrastructure 23.80%, railway construction 14.94%, highway construction 7.31%, and others [3].