Group 1 - The Xi'an-Yan'an High-Speed Railway is the first in Northwest China to achieve full-line public 5G coverage, enhancing passenger internet experience during travel [1] - The railway has implemented a continuous and stable communication network through the installation of leakage cables in tunnels and combination angle steel towers outside tunnels, contributing to its "smart energy" [3] - The high proportion of bridges and tunnels in the Xi'an-Yan'an High-Speed Railway raises questions about maintaining uninterrupted signal during train operations in tunnels [4]

Financial Performance - Revenue from recurrent businesses in Hong Kong increased by 1.9% to HK$17,163 million[40] - Revenue from recurrent businesses outside Hong Kong decreased by 18.1% to HK$10,183 million[40] - Property development profit (post-tax) increased by 221.1% to HK$5,530 million in Hong Kong and decreased by 33.3% to HK$12 million outside Hong Kong[40] - Underlying business profit increased by 55.0% to HK$8,933 million[40] - Reported net profit attributable to shareholders of the company increased by 27.5% to HK$7,709 million[40] Railway Projects and Investment - The company is allocating HK$140 billion in new railway projects[18] - HK$65 billion is allocated for maintenance and upgrades of railway assets between 2023 and 2027[18, 24] - Capital expenditure & investments: Hong Kong New Railway Projects account for 44% (HK$39.8 billion), Hong Kong Railway Maintenance CAPEX accounts for 39% (HK$36.0 billion), Mainland China & Overseas Investments account for 14% (HK$12.4 billion), and Hong Kong Property accounts for 3% (HK$2.6 billion) of the total HK$90.8 billion estimated spend from 2025-2027[52] Operational Highlights - On-time passenger journeys on the heavy rail network maintained at >99.9%[24] - Patronage reached >960 million[24] - MTR's market share of Hong Kong franchised public transport was 50.0% from Jan-May 2024 and 50.1% from Jan-May 2025[64] - Net Debt / Equity ratio decreased from 31.6% as at 31 Dec 2024 to 18.8% as at 30 Jun 2025[48]

Group 1 - The strategic cooperation agreement between China Tower's Yangtze River Delta branch and China Railway Shanghai Group aims to enhance the integration of digital infrastructure and railway networks in the region [1] - The focus areas for the new round of cooperation include high-quality 5G coverage along the railway, ensuring reliable communication facilities, promoting smart railway construction, and exploring shared maintenance models for communication infrastructure [1] - Since the start of their collaboration in 2019, the two companies have worked together to improve communication services along major railway lines, serving over 18,000 station sites [2] Group 2 - The partnership has led to the deployment of over 260 cameras to enhance railway safety management through advanced monitoring capabilities [2] - The goal is to achieve nationwide leading communication coverage along the Yangtze River Delta railway lines, matching regional economic development and population density [1] - The collaboration emphasizes the use of smart devices, drones, AI, and digital technologies to create an integrated monitoring network for railway safety [1]