Core Viewpoint - China Railway Group Limited successfully issued a technology innovation corporate bond of 3 billion yuan with a term of 3 years and a coupon rate of 1.66% [2] Group 1: Company Overview - China Railway Group is recognized as one of the first "innovative enterprises" by the Ministry of Science and Technology, the State-owned Assets Supervision and Administration Commission, and the All-China Federation of Trade Unions [2] - The company leads in the manufacturing and R&D of specialized construction machinery for railways, highways, and urban rail transit, both domestically and globally [2] - It is a global leader in the research and manufacturing of shield tunneling machines (TBM), turnouts, and bridge steel structures, as well as a domestic leader in railway construction equipment [2] Group 2: Market Position and Product Demand - The market demand for products such as tunnel boring machines, mechanized tunnel equipment, construction machinery, turnouts, and steel bridges is stable and robust [2] - China Railway Group maintains a leading market share in its relevant product categories [2] - Its subsidiary, China Railway Industry (stock code 600528.SH), is the only A-share main board company specializing in high-end equipment for rail transit and underground excavation in China [2]

免责 声 明 近日，由申万宏源主承销的"中国中铁股份有限公司2025年面向专业投资者公开发 行科技创新可续期公司债券(第二期)"成功发行，品种一和品种二发行规模分别为12.5 亿元、12.5亿元，期限为3+N、5+N年期，票面利率为2.10%、2.16%。本期债券品种 一和品种二均创中国中铁同期限永续债券票面利率历史新低。 本内容最终解释权归申万宏源证券有限公司所有。 作为科技部、国务院国资委和中华全国总工会授予的全国首批"创新型企业"，中国 中铁在从事铁路、公路、城市轨道交通等领域专用施工机械的制造与研发方面处于国内 乃至世界领先地位，在科技创新实力、核心技术优势、生产制造水平、品牌知名度等方 面竞争力突出。中国中铁是全球领先的盾构机/TBM研发制造商，是全球领先的道岔和 桥梁钢结构制造商、国内领先的铁路专用施工设备制造商、世界领先的基础设施建设服 务型装备制造商。中国中铁研发制造的隧道掘进机、隧道机械化专用设备、工程施工机 械、道岔、钢桥梁等产品市场需求充盈稳定，相关产品市占率持续保持行业领先。旗下 控股子公司中铁工业（股票代码600528.SH）是我国铁路基建装备领域产品最全、A股 主板唯一主营轨道交通 ...