Core Viewpoint - China Railway (601390.SH) reported a new contract signing amount of 476.23 billion yuan in the third quarter, with a cumulative new contract signing amount of 1,584.92 billion yuan for the first three quarters, reflecting a year-on-year growth of 3.7% [1] Group 1 - The new contract signing amount for the third quarter reached 476.23 billion yuan [1] - The cumulative new contract signing amount for the first three quarters was 1,584.92 billion yuan [1] - The year-on-year growth rate for new contract signing in the first three quarters was 3.7% [1]

Market Overview - On October 22, the infrastructure sector rose by 0.68% compared to the previous trading day, with Beixin Road and Bridge leading the gains [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Key Stocks Performance - Beixin Road and Bridge (002307) closed at 5.57, up 10.08% with a trading volume of 517,700 shares and a transaction value of 288 million yuan [1] - Wenke Co., Ltd. (002775) closed at 4.89, up 5.16% with a trading volume of 703,600 shares [1] - ST Yipin (603843) closed at 5.59, up 5.08% with a trading volume of 87,300 shares [1] - ST Lingnan (002717) closed at 1.71, up 4.91% with a trading volume of 1,675,400 shares [1] - Yuanlin Co., Ltd. (605303) closed at 69.61, up 4.79% with a trading volume of 186,200 shares [1] Capital Flow Analysis - The infrastructure sector experienced a net outflow of 492 million yuan from institutional investors, while retail investors saw a net inflow of 594 million yuan [2][3] - The main stocks with significant net inflows from retail investors included Beixin Road and Bridge, Wenke Co., Ltd., and Sichuan Road and Bridge [3] - Beixin Road and Bridge had a net inflow of 109 million yuan from institutional investors, accounting for 37.96% of its trading volume [3]

Market Performance - Hang Seng Index (恒指) rose by 168 points or 0.7%, closing at 26,027 points[1] - Shanghai Composite Index (滬指) increased by 52 points or 1.4%, closing at 3,916 points[1] - Total market turnover in Hong Kong was 264.657 billion HKD[1] Currency and Monetary Policy - The RMB/USD central parity rate was adjusted up by 43 points to 7.0930, reaching a one-year high[1] - The People's Bank of China conducted a 1,595 billion RMB reverse repo operation with a rate of 1.4%, maintaining the previous level[1] A-Share Market Highlights - Shenzhen Component Index (深證成指) rose by 264 points or 2.1%, closing at 13,077 points with a turnover of 1.04 trillion RMB[1] - ChiNext Index (創業板指) increased by 90 points or 3%, closing at 3,083 points with a turnover of 475.6 billion RMB[1] Corporate Earnings - China Railway (中國中鐵) reported new contracts worth 476.23 billion RMB in Q3, with a cumulative total of 1.58 trillion RMB for the first three quarters, up 3.7% year-on-year[2] - China Telecom (中國電信) reported Q3 revenue of 394.3 billion RMB, a slight increase of 0.6% year-on-year, with net profit growing by 5% to 30.773 billion RMB[3] Growth in Specific Sectors - Pop Mart (泡泡瑪特) reported a revenue growth of 245%-250% year-on-year for Q3, with overseas revenue increasing by 365%-370%[3]

Core Insights - China Railway Group (601390) announced a new contract value of 476.23 billion yuan for the period of July to September 2025 [1] - The total new contract value for the year reached 1,584.92 billion yuan, representing a year-on-year increase of 3.7% [1] Company Summary - The new contracts signed in the third quarter of 2025 amounted to 476.23 billion yuan [1] - The cumulative new contracts for the current year have increased to 1,584.92 billion yuan, showing a growth of 3.7% compared to the previous year [1]

Core Viewpoint - China Railway (00390) announced a new contract value of 476.23 billion yuan for the period from July to September 2025, with a cumulative new contract value of 1,584.92 billion yuan for the year, representing a year-on-year increase of 3.7% [1] Summary by Category - **New Contracts** - New contract value for July to September 2025 is 476.23 billion yuan [1] - Cumulative new contract value for the year is 1,584.92 billion yuan [1] - Year-on-year increase in cumulative new contracts is 3.7% [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 中國中鐵股份有限公司 呈交日期： 2025年10月22日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | A 股份類別 | | 於香港聯交所上市 | 否 | | | | 證券代號 (如上市) | | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 事件 | 已發行股份（不包括庫存股份）變動 | 佔有關事件前的現有已發 | 庫存股份變動 | 每股發行/出售價 (註4) | | 已發行股份總數 | | | ...

格隆汇10月22日丨中国中铁(00390.HK)发布公告，中国中铁2025年第三季度新签合同额达4762.3亿元(人 民币，下同)；前三季度累计新签合同总额为15849.2亿元，同比增长3.7%。其中，前三季度境内新签合 同额14182.8亿元，同比增长1.0%；境外新签合同额1666.4亿元，同比增长35.2%。 ...

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21日在上海證券交易所網站刊登的「2025年第 三季度主要經營數據公告」，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 2025年10月22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 | 2025-054 | | --- | --- | --- | --- | | H 股代码：00390 | H 股简称：中国中铁 | | | 中国中铁股份有限公司 2025 年第三季度主要经营数据公告 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 ...

2025年10月21日，公司通过上海证券交易所系统以集中竞价交易方式首次回购股份351万股，已回购股 份占公司总股本的比例为0.0142%，成交最高价为5.73元/股，成交最低价为5.63元/股，成交总金额为 19,999,845.00元(不含交易费用)。 格隆汇10月21日丨中国中铁(00390.HK)公告，中国中铁股份有限公司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、2025年第一次H股类别股东会议，审议通过了《关于 <中国 中铁> 回购公司部分A股股份方案>的议案》，同意公司使用自有资金和 股票回购专项贷款，以集中竞 价交易方式回购公司已发行的部分人民币普通股(A股)股票，回购的资金总额不低于人民币8亿元，不超 过人民币16亿元，回购价格上限为8.50元/股，回购的股份将全部予以注销并减少公司注册资本，回购 期限为2025年6月20日至2026年6月19日。 ...

证券日报网讯10月21日晚间，中国中铁（601390）发布公告称，2025年10月21日，公司通过上海证券交 易所系统以集中竞价交易方式首次回购股份3，507，500股，已回购股份占公司总股本的比例为 0.0142%。 ...