On October 31, China Railway Construction Corporation (CRCC) held a teleconference in Beijing to release its Q3 2025 financial results. Zhu Hongbiao, Member of the Standing Committee of the Party Committee and Chief Accountant of CRCC, attended the meeting and presented the company's operational performance for the first three quarters.
Despite industry-wide downward pressures, CRCC maintained stable and improving economic performance by advancing high-quality operations, refined management, and technological innovation. The company secured new contracts totaling RMB 1.5188 trillion, up 3.1% year-on-year, including RMB 1.3139 trillion domestically and RMB 204.8 billion overseas.
In terms of contract composition, engineering contracting remained stable with RMB 1.1092 trillion in new contracts. Emerging sectors such as green and environmental industries saw rapid growth, with new contracts up 15% to RMB 144.5 billion. Mining, water conservancy, and power engineering emerged as new pillars.
Refined management initiatives, including supply chain optimization and cost control, contributed to revenue of RMB 728.4 billion and net profit of RMB 17.2 billion, with RMB 14.8 billion attributable to shareholders.
The "Overseas Priority" strategy accelerated, with overseas contract value surging 94.5% year-on-year. Key projects, including the Tanzania-Zambia Railway revitalization, Chile’s Batuco Railway, Serbia’s Hungary-Serbia Railway, and Spain’s Belvis photovoltaic station, progressed significantly.
Technological innovation achievements included six China Patent Awards and five Geneva International Invention Exhibition awards, marking record highs in both quantity and quality.
Looking ahead, CRCC will implement the spirit of the Fourth Plenary Session of the 20th CPC Central Committee, formulate its 15th Five-Year Plan, and strive to achieve annual targets.
Nearly 30 investors and analysts from institutions such as CICC, CITIC Securities, GF Securities, Huatai Securities, and UBS Securities engaged in discussions on operations, overseas business, and strategic planning. CRCC’s Board Secretary Jing Jing and department heads attended the conference.