China Railway Group Limited disclosed its major operating information for the third quarter of 2025. According to the announcement, the total value of new contracts from various segments during July to September reached RMB 4,762.3 hundred million, bringing the cumulative figure for the year to RMB 15,849.2 hundred million, an overall year-on-year increase of 3.7%. The engineering construction segment accounted for the largest share, recording 1,887 newly signed projects during the third quarter, with a cumulative 4,965 projects so far this year and a 1.9% decrease year-on-year in total contract value. Design and consulting services saw a 1.5% decline, equipment manufacturing fell 17.6%, and finance and merchandise trading dropped 11.9%. In contrast, featured property grew 5.5%, resource utilization grew 12.8%, asset operation surged 108.6%, and emerging businesses advanced 4.3%.

In terms of regional breakdown, domestic contracts stood at RMB 14,182.8 hundred million (up 1.0% year-on-year), while overseas contracts reached RMB 1,666.4 hundred million (up 35.2%). The property development segment recorded 27.3 ten-thousand square meters of newly acquired land reserve so far this year, down 31.4% year-on-year. Meanwhile, the area that has commenced construction reached 105.2 ten-thousand square meters, up 6.4%; the completed area amounted to 269.7 ten-thousand square meters, down 5.5%. The contract area was 132.3 ten-thousand square meters, down 7.7%, but the corresponding contract value rose 5.5%. No material projects were reported as signed but not yet implemented. The figures above are preliminary and may differ from those disclosed in periodic reports due to various uncertainties.