The storylines故事线
Click a development’s source links to open the original article.点击进展下方的来源链接可打开原文。
Subsidiary investments & restructuring子公司投资与重组
2 · 2024-01-02 → 2026-04-18
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Equity investments, acquisitions, and shareholding changes in subsidiaries and associates.对子公司及联营公司的股权投资、收购和持股变动。
2024-01-02China Railway Construction Corporation (CRCC) became a new shareholder of Xuzhou Metro Operation Co., Ltd., whose registered capital was increased to 1 billion yuan.中国铁建成为徐州地铁运营有限公司新增股东，该公司注册资本增至10亿元。
2026-04-18CRCC made a new outward investment, fully acquiring China Railway First Survey and Design Institute Group Co., Ltd. (legal representative Wang Zhengming, registered capital 150 million yuan), holding 100% stake.中国铁建新增对外投资，全资收购中铁第一勘察设计院集团有限公司（法定代表人王争鸣，注册资本1.5亿元），持股100%。
Major Domestic Project Wins (Rail & Highway)国内重大项目中标（铁路与公路）
10 · 2024-01-03 → 2026-06-07
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Winning bids for major domestic railway and highway projects including Zhangzhou-Shantou HSR, Hefei-Chizhou railway, and various expressway sections.中标国内重大铁路和公路项目，包括漳汕高铁、合池铁路及多个高速公路路段。
2024-01-03CRCC announced winning 11 major projects worth a total of 73.298 billion yuan, accounting for 6.69% of its 2022 audited revenue.中国铁建公告近期中标11个重大项目，金额合计732.98亿元，占2022年度经审计营业收入的6.69%。
2024-02-06CRCC won multiple bids in January 2024: Zhangzhou-Shantou high-speed railway (4 sections, total 11.321 billion yuan), Cenxi-Daxin highway (1.299 billion yuan), Hefei metro lines 6/7/8 power supply system (1 billion yuan), and overseas projects including Saudi Air Jeddah Airport Phase 2/3 and Dubai Crystal Apartments (total 4.5 billion yuan).中国铁建2024年1月中标多个项目：漳州至汕头高铁4个标段（总价113.21亿元）、岑溪至大新公路（12.99亿元）、合肥地铁6/7/8号线供电系统（10亿元），以及海外沙特航空吉达机场二三期、迪拜水晶公寓（合计45亿元）。
2024-03-21China Railway Construction Corporation (CRCC) announced winning 6 major rail transit projects (5 railway) in Jan-Feb 2024, with total bid amount of approximately RMB 2.316 billion, accounting for 5.76% of 2022 audited revenue.中国铁建公告2024年1-2月中标6个轨道交通重大项目（其中5个铁路项目），中标金额合计约23.16亿元，约占2022年经审计营业收入的5.76%。
2024-05-14China Railway Construction announces winning 14 major projects with a total value of RMB 61.154 billion, accounting for 5.37% of 2023 audited revenue.中国铁建公告中标14个重大项目，合计金额611.54亿元，占2023年经审计营业收入的5.37%。
2025-03-14CRCC won 10 major projects including Fuzhou New Area Cold Chain Industrial Park, Shenyang-Haikou expressway expansion, Nantong-Ningbo high-speed railway, etc., with total contract value of 65.712 billion yuan, accounting for 5.77% of 2023 audited revenue.中国铁建中标福州新区冷链产业园、沈阳至海口高速改扩建、南通至宁波高铁等10个重大项目，合同金额合计657.12亿元，占2023年经审计营业收入的5.77%。
2025-04-08CRCC won 7 major projects with a total contract value of 37.225 billion yuan, accounting for 3.49% of 2024 audited revenue; the largest single project is the Yichang-Fuling high-speed railway (Hubei section) station works, worth 20.797 billion yuan.中国铁建中标7个重大项目，合计金额372.25亿元，占2024年度经审计营业收入的3.49%；最大单项为宜昌至涪陵高速铁路（湖北段）站前工程，金额207.97亿元。
2025-10-09China Railway Construction Corporation (CRCC) announced winning or signing multiple major projects each worth over 1.5 billion yuan, with a total amount of 63.037 billion yuan.中国铁建公告，近期公司中标或签约多个单体金额在15亿元以上的重大项目，总金额合计为630.37亿元。
2025-11-17CRCC announced winning 8 major projects each worth over 1.5 billion yuan, including the Hefei-Chizhou railway and Wenzhou-Fuzhou high-speed railway, with total contract value of 49.629 billion yuan, accounting for 4.65% of 2024 audited revenue.中国铁建公告中标8个单体15亿元以上重大项目，包括合肥至池州铁路、温州至福州高速铁路等，项目金额合计496.29亿元，占2024年度经审计营业收入的4.65%。
2026-06-06China Railway Construction (CRCC) subsidiaries (China Railway Construction Engineering Group, China Railway Urban Construction) won the bid for the new Shenzhen Xili Station and related works, contract value over 6.4 billion yuan, including main station building and steel structure roof.中国铁建旗下中铁建设、中铁城建中标新建深圳西丽站及相关工程，合同金额超过64亿元，施工内容包含主站房及钢结构屋顶。
2026-06-07CRCC system won a bid for Section II of the Fugu railway special line project, contract value 542 million yuan; total for all four sections about 1.108 billion yuan.中国铁建体系在府谷铁路专用线项目中中标Ⅱ标段，金额5.42亿元；四个标段合计约11.08亿元。
High-End Equipment & Vessel Delivery高端装备与船舶交付
6 · 2024-01-05 → 2026-01-05
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Delivery of the 5,000-ton self-propelled full-revolving crane vessel, development of the 'Canglong' tire-type girder transporter, and other heavy-lift equipment.交付5000吨自航式全回转起重船，研发“苍龙”轮胎式运梁车及其他重型起重设备。
2024-01-05CRCC's subsidiary Jiangsu Dajin Heavy Industry, CRCC Bridge Bureau, CRCC Financial Leasing, and Wuhan Marine Machinery signed a contract to build a 1,000-ton full-revolving crane vessel.中国铁建子公司江苏大津重工、中国铁建大桥局、中铁建金融租赁与武汉船用机械签署1000吨全回转起重船建造合同。
2024-12-01China Railway Construction Heavy Industry Jingjiang Heavy Industry's Luojiaqiao Port heavy-lift terminal officially opened; the first shipment was a 607-ton chemical reactor, using a 1000t gantry crane, the largest in the CRCC system.中国铁建重工靖江重工罗家桥港重件码头正式开港，首运607吨化工反应釜，配备1000吨门式起重机，为铁建系统内最大吨位。
2024-12-26CRCC's 5,000-ton self-propelled full-revolving crane vessel 'Tie Jian Qi Zhong 5000' was delivered in Nantong; max lifting capacity 5,000t (3,500t full-revolving), equipped with DP2 dynamic positioning, for deep-sea offshore wind and marine engineering.中国铁建5000吨自航式全回转起重船“铁建起重5000”在江苏南通交付，最大起重能力5000吨（全回转3500吨），配备DP2动力定位，用于深远海海上风电及海洋工程。
2025-01-09CRCC's Jingjiang Heavy Industry successfully developed the 'Canglong' tire-type girder transporter with a lifting capacity of 1,250 tons, setting a global record and receiving a Guinness certificate.中国铁建靖江重工成功研发‘沧龙号’轮胎式搬梁机，起重能力1250吨，创全球纪录并获大世界基尼斯证书。
2025-01-14CRCC's 5,000-ton self-propelled full-revolving floating crane vessel 'CRCC Crane 5000' was delivered in Nantong, for deep-sea offshore wind farm construction.中国铁建5000吨自航式全回转起重船‘铁建起重5000’在江苏南通交付，用于深远海海上风电施工。
2026-01-05China Railway Construction Bridge Engineering Bureau Assembly Technology Co. won two wind power project orders worth 200 million yuan, independently developed concrete tower tubes, and completed two production line renovations to achieve an annual capacity of 300 wind tower units by 2026. It also invested nearly 100 million yuan in a new key laboratory and will cooperate with Tsinghua University on new concrete materials.中国铁建大桥工程局装配科技公司获得两亿元风电项目订单，自主研发混凝土塔筒，完成两条产线改造，2026年达到年产300台套风电塔筒；投资近亿元新建市级重点实验室，将与清华大学合作开发新型混凝土材料。
Algeria Western Railway Mining Line阿尔及利亚西部铁路矿业线
3 · 2024-01-08 → 2025-07-08
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Construction of a 575 km heavy-haul railway linking the Gâra Djebilet iron ore mine to the national network, including sleeper plant and track-laying milestones.建设一条575公里的重载铁路，连接Gâra Djebilet铁矿与国家铁路网，包括轨枕厂和铺轨里程碑。
2024-01-08CRCC and Algerian state-owned Cosider Travaux Publics began building a 575 km railway linking the Gâra Djebilet iron ore mine (3.5 billion tons reserves) to the national rail network in Bechar.中国铁建与阿尔及利亚国有土木工程公司Cosider Travaux Publics开始合作建设一条575公里铁路，连接Gâra Djebilet铁矿（储量35亿吨）与贝沙尔国家铁路网。
2024-11-11CRCC's sleeper plant in Hassi Khebi, Tindouf, Algeria, officially starts production for the Western Railway Mining Line project (575 km heavy-haul railway), marking first Chinese-designed sleeper used in local heavy-haul rail.中国铁建阿尔及利亚廷杜夫省哈西赫比轨枕厂正式投产，用于西部铁路矿业线项目（575公里重载铁路），系中企设计的轨枕方案首次用于当地重载铁路。
2025-07-08The 135 km priority section of the Algeria Western Railway Mining Line, a desert heavy-haul railway built by CRCC, was track-laid, marking major progress on Africa's first desert heavy-haul railway.中国铁建承建的阿尔及利亚西部铁路矿业线项目135公里优先段轨道铺通，标志着非洲首条沙漠重载铁路建设取得重大进展。
Executive Changes & Board Elections高管变动与董事会选举
20 · 2024-01-09 → 2026-06-08
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Nominations, elections, resignations, and appointments of board members and senior executives, including the chairman and president.董事会成员和高级管理人员的提名、选举、辞职和任命，包括董事长和总裁。
2024-01-09CRCC board agreed to nominate Dai Hegen as executive director candidate; he is also Party Secretary and Chairman of China Railway Construction Group.中国铁建董事会同意提名戴和根为执行董事候选人，其同时任中国铁道建筑集团党委书记、董事长。
2024-01-30CRCC board of directors held its 25th meeting and deliberated the election of the company's chairman.中国铁建第五届董事会第二十五次会议审议了《关于选举公司董事长的议案》。
2024-01-30CRCC elected Dai Hegen as chairman of the board and chairman of the nomination committee at the 25th meeting of the 5th board of directors.中国铁建第五届董事会第二十五次会议选举戴和根为董事长，并担任提名委员会主席。
2024-04-24CRCC supervisor Liu Zhengchang resigned due to job transfer.中国铁建监事刘正昶因工作调动辞职。
2024-06-20CRCC announced the resignation of securities affairs representative Xie Huagang due to work adjustment, and appointed Wang Qiang as the new securities affairs representative for the same term as the 5th board of directors.中国铁建公告证券事务代表谢华刚因工作调整辞职，聘任王强为新任证券事务代表，任期与第五届董事会相同。
2024-07-26Executive director Ni Zhen resigned due to job transfer, effective immediately; he no longer holds any position in the company.执行董事倪真因工作调动辞职，即日生效，不再担任公司任何职务。
2024-07-29Appointed Chen Zhiming, Huang Changfu, Li Xinglong, and Yang Zhefeng as vice presidents.聘任陈志明、黄昌富、李兴龙、杨哲峰为公司副总裁。
2024-08-12CRCC conducted its first-ever open selection of reserve candidates for chairman and general manager positions of its secondary subsidiaries, with 21 candidates participating in written exams and interviews.中国铁建首次公开遴选二级单位董事长、总经理后备人选，21名同志参加笔试和面试。
2024-09-05Sun Hongjun was appointed as Party Secretary and Chairman of CRCC Real Estate Group, succeeding Li Xinglong who was transferred to CRCC Group as a Party Committee Standing Member and Vice President.孙洪军任中国铁建地产集团党委书记、董事长，接替调任中国铁建集团党委常委、副总裁的李兴龙。
2024-09-06CRCC announced that Executive Director and President Wang Lixin resigned due to job transfer, effective immediately.中国铁建公告，执行董事、总裁王立新因工作调动辞职，即日生效。
2025-04-06CRCC announced that the first extraordinary general meeting of 2025 will be held on April 29 to elect the sixth board of directors; nominated candidates: Dai Hegen (executive director), Gao Lieyang (non-executive director), Ma Chuanjing, Xie Guoguang, Qian Weilun, Wang Jun (independent non-executive directors).中国铁建公告将于2025年4月29日召开第一次临时股东大会，选举第六届董事会；提名候选人为：戴和根（执行董事）、郜烈阳（非执行董事）、马传景、解国光、钱伟伦、王俊（独立非执行董事）。
2025-04-29CRCC held its 6th Board of Directors first meeting, electing Dai Hegen as Chairman of the Board for the same term as the 6th Board.中国铁建召开第六届董事会第一次会议，选举戴和根为董事长，任期与第六届董事会相同。
2025-08-29CRCC appointed Wang Junshan as Securities Affairs Representative, replacing Wang Qiang who resigned due to job adjustment.中国铁建聘任王均山为公司证券事务代表，王强因工作调整辞去该职务。
2026-01-09Vice President Zhao Dianlong resigned from China Railway Construction due to work transfer, effective upon delivery of resignation report to the board; he no longer holds any position in the company.副总裁赵佃龙因工作调动辞去中国铁建副总裁职务，辞职报告送达董事会时生效，辞任后不再担任公司任何职务。
2026-01-21Board appointed Sun Liqiang as Vice President; Chen Zhiming ceased to be Vice President due to work adjustment and was nominated as executive director candidate (subject to shareholder approval).董事会聘任孙立强为副总裁；陈志明因工作调整不再担任副总裁，并被提名为执行董事人选（尚需股东会审议）。
2026-03-01China Railway Construction Corporation (CRCC) announced a shareholder meeting on March 20 to consider appointing Chen Zhiming as executive director, recommended by China Railway Construction Group.中国铁建公告将于3月20日召开股东会，审议增补陈志明为执行董事，由中国铁道建筑集团推荐。
2026-03-01CRCC announced a shareholder meeting on March 20 to consider appointing Pei Minshan as executive director, recommended by China Railway Construction Group.中国铁建公告将于3月20日召开股东会，审议增补裴岷山为执行董事，由中国铁道建筑集团推荐。
2026-03-20CRCC shareholder meeting approved the appointment of Chen Zhiming as executive director.中国铁建股东会审议通过增补陈志明为执行董事。
2026-04-22CRCC announced that its controlling shareholder, China Railway Construction Group, received CSRC approval to waive the restriction on President Pei Minshan concurrently serving as CRCC's president, enhancing synergy and governance efficiency.中国铁建公告控股股东中铁建获证监会豁免其总经理裴岷山兼任中国铁建总裁的高管兼职限制，以加强协同效应和治理效率。
2026-06-08CRCC International Group held a cadre meeting; Xu Huaxiang appointed Party Secretary and Chairman, Yan Meng appointed Deputy Party Secretary and General Manager; Li Chongyang removed from posts for other assignments.中国铁建国际集团召开干部大会，徐华祥任党委书记、董事长，颜猛任党委副书记、总经理，李重阳不再担任原职务另有任用。
Real Estate Financing & Asset Disposal房地产融资与资产处置
10 · 2024-01-12 → 2025-07-18
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Bond issuances, interest adjustments, equity transfers, and asset-backed securities related to CRCC's real estate subsidiaries.与中国铁建房地产子公司相关的债券发行、利率调整、股权转让和资产支持证券。
2024-01-12CRCC Real Estate Group announced interest payment for its 1.3 billion yuan corporate bond '21 Zhongtie 01' (due 2026), with coupon rate adjusted from 3.78% to 3.68% from Jan 22, 2024.中国铁建房地产集团公告13亿元公司债券“21中铁01”付息，票面利率自2024年1月22日起由3.78%调整至3.68%。
2024-01-16CRCC Real Estate Group set the coupon rate at 3.30% for its new up-to-3-billion-yuan 5-year corporate bond (first tranche 2024) for professional investors.中国铁建房地产集团确定2024年面向专业投资者公开发行公司债券（第一期）票面利率为3.30%，发行规模不超过30亿元。
2024-03-12CRCC subsidiary Xi'an International Port Area Jinggang Real Estate Development Co., Ltd. listed 30% equity and RMB 405.69 million creditor's rights for transfer at Beijing Equity Exchange, base price RMB 412 million.中国铁建子公司西安国际港务区京港房地产开发有限公司30%股权及40569.41万元债权在北京产权交易所挂牌转让，底价4.12亿元。
2024-04-12CRCC's subsidiary China Railway Real Estate Group East China Co. listed 38% equity of Nanjing Xincheng Guanghong Real Estate Co. for transfer at a base price of RMB 13.1441 million.中国铁建子公司中铁房地产集团华东有限公司挂牌转让南京新城广闳房地产有限公司38%股权，转让底价1314.41万元。
2024-12-23Ping An Securities-CRCC Phase 1 Holding-Type Real Estate Asset-Backed Special Plan (ABS) by China Railway 25th Bureau received 'feedback' status on Shanghai Stock Exchange; proposed amount 858 million yuan.平安证券-中国铁建第一期持有型不动产资产支持专项计划（ABS）由中铁二十五局发行，拟发行金额8.58亿元，上交所状态更新为“已反馈”。
2024-12-25Ping An Securities-CRCC Phase 1 Holding-Type Real Estate Asset-Backed Special Plan (ABS) by China Railway 25th Bureau was approved on Shanghai Stock Exchange; proposed amount 884 million yuan, manager Ping An Securities.平安证券-中国铁建第一期持有型不动产资产支持专项计划（ABS）由中铁二十五局发行，拟发行金额8.84亿元，上交所状态更新为“通过”，管理人为平安证券。
2025-01-08China Railway Construction (CRCC) issued its first holding-type real estate ABS on the Shanghai Stock Exchange, with a scale of 858 million yuan and a term of about 17 years, using a debt-to-equity swap model.中国铁建在上交所发行首单持有型不动产ABS，规模8.58亿元，期限约17年，采用债转股增资模式。
2025-01-21CRCC Real Estate Group's planned 8 billion yuan corporate bond issuance for professional investors received 'feedback' status from the Shanghai Stock Exchange.中国铁建房地产集团计划发行的80亿元公司债券项目获上交所‘已反馈’状态。
2025-06-24CRCC Real Estate adjusted the coupon rate of '22 Tiejian Fangchan MTN002' (RMB 1.5 billion, 3+2 year) from 3.40% to 2.36%, effective July 15, 2025, with investor put option.中国铁建房地产集团将“22铁建房产MTN002”中期票据（15亿元，3+2年期）票面利率从3.40%调整为2.36%，2025年7月15日生效，并赋予投资者回售选择权。
2025-07-18CRCC Real Estate Group announced interest payment for its 2021 corporate bond (third tranche, code 188503, '21 Zhongtie 03') of 1.11 billion yuan, with an adjusted coupon rate of 2.50%, interest payment date on August 4, 2025.中国铁建房地产集团宣布其2021年公开发行公司债券（第三期）（简称‘21中铁03’，代码188503）付息，发行总额11.10亿元，票面利率调整为2.50%，付息日为2025年8月4日。
Financial & audit matters财务与审计事项
4 · 2024-01-12 → 2026-03-30
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Auditor appointments, impairment provisions, credit facilities, and bond redemptions.审计师聘任、资产减值计提、信贷安排及债券赎回。
2024-01-12CRCC South China Headquarters building project secured a 6 billion yuan credit facility from a banking syndicate led by China Construction Bank Guangzhou Branch.中国铁建华南总部大厦项目获得以建行广州分行为牵头行的银团授信60亿元。
2024-03-28CRCC announced 2023 impairment provisions totaling RMB 9.941 billion based on asset impairment tests.中国铁建公告2023年共计提减值准备99.41亿元，基于资产减值测试结果。
2024-06-28CRCC announced the full redemption of its 2019 securities on June 27, 2024; all securities were cancelled and the listing on the Hong Kong Stock Exchange will be withdrawn effective July 8, 2024.中国铁建公告已于2024年6月27日悉数赎回2019年证券，所有证券已注销，并将于2024年7月8日撤销在香港联交所的上市地位。
2026-03-30CRCC board approved reappointment of Ernst & Young Hua Ming as auditor for 2026, with total fees of CNY 25 million.中国铁建董事会批准续聘安永华明会计师事务所为2026年审计机构，费用合计2500万元。
Overseas Project Completions & Operations海外项目竣工与运营
5 · 2024-01-18 → 2025-06-19
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Completion and handover of various overseas projects including hospitals, libraries, port yards, and bridges in Chile, Trinidad, Georgia, and Tanzania.完成并交付智利、特立尼达、格鲁吉亚和坦桑尼亚等多个海外项目，包括医院、图书馆、港口堆场和桥梁。
2024-01-18CRCC's first overseas concession hospital project, the Coquimbo hospital in Chile, held its groundbreaking ceremony; total floor area ~131,400 sqm, 605 beds, 22 operating rooms, construction period ~5 years.中国铁建在海外首个特许经营医院项目——智利科金博医院举行奠基仪式，总建筑面积约13.14万平方米，设置605张床位和22间手术室，建设期约5年。
2024-03-13CRCC International Group completed and handed over the Diego Martin Library project in Trinidad and Tobago, with building area of 2,400 sqm, including design, construction, and furniture installation.中国铁建国际集团承建的特立尼达和多巴哥迭戈马丁图书馆项目正式投入使用，建筑面积2400平方米，包括设计、施工及设备家具安装。
2024-08-21The Bangui International Airport control tower project in the Central African Republic, undertaken by CRCC subsidiary China Railway 11th Bureau, was completed. The new 10-story, 35.33m tower is equipped with modern aviation control and communication equipment.由中国铁建旗下中铁十一局承建的中非班吉国际机场塔台项目竣工，新塔台为十层、高35.33米，配备现代化航空控制和通信设备。
2025-06-10CRCC's Georgia Poti Port container yard project was officially put into operation; designed annual capacity of 500,000 TEUs, expected to increase freight volume along the route by 25%.中国铁建承建的格鲁吉亚波季港集装箱堆场项目正式投运，年设计处理能力50万标准箱，预计可使沿线货运量提升25%。
2025-06-19CRCC's joint venture completed and opened the Magufuli Bridge in Tanzania, Africa's longest low-tower cable-stayed bridge (4.66 km), using self-developed flexible water-stop technology.中国铁建联合体承建的坦桑尼亚马古富力大桥建成通车，全长4.66公里，为非洲最长矮塔斜拉桥，应用自主研发柔性止水工艺。
Financial Results & Operating Data财务业绩与经营数据
33 · 2024-01-24 → 2026-04-29
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Quarterly and annual financial results, new contract awards, and operating data across segments including engineering, real estate, and overseas.季度和年度财务业绩、新签合同额以及各板块（工程、房地产、海外）的经营数据。
2024-01-24CRCC reported Q4 2023 new contracts of 1,507.667 billion yuan; full-year 2023 cumulative new contracts reached 3,293.870 billion yuan, up 1.51% YoY. Real estate development new contracts fell 5.81% to 123.686 billion yuan.中国铁建公告2023年第四季度新签合同额15076.67亿元；全年累计新签合同额32938.70亿元，同比增长1.51%。房地产开发新签合同额1236.86亿元，同比减少5.81%。
2024-01-29CRCC disclosed 2023 breakdown: engineering contracting new contracts up 8.82% to 2,026.950 billion yuan; green environmental protection up 34.24% to 255.946 billion yuan; industrial manufacturing up 11.88% to 41.753 billion yuan; emerging industries surged 196.98% to 17.959 billion yuan.中国铁建披露2023年细分数据：工程承包新签合同额20269.50亿元，同比增长8.82%；绿色环保2559.46亿元，增长34.24%；工业制造417.526亿元，增长11.88%；新兴产业179.592亿元，增长196.98%。
2024-03-28CRCC released 2023 annual report: new contracts totaled RMB 3,293.87 billion (+1.51% YoY); revenue RMB 1,137.99 billion (+3.80%); net profit attributable to shareholders RMB 26.097 billion (-2.19% YoY); net assets attributable to shareholders RMB 309.84 billion (+6.69% YoY).中国铁建发布2023年年报：新签合同总额32,938.7亿元（同比+1.51%）；营业收入11,379.93亿元（同比+3.80%）；归母净利润260.97亿元（同比-2.19%）；归母净资产3,098.38亿元（同比+6.69%）。
2024-03-28CRCC 2023 annual report: infrastructure sub-segments saw strong growth in water conservancy & water transport (+87.32%), mining engineering (+21.23%), and electric power engineering (+9%), becoming new hundred-billion-level markets.中国铁建2023年年报显示基础设施细分领域中水利水运工程（+87.32%）、矿山开采工程（+21.23%）、电力工程（+9%）增长强劲，成为新的千亿级市场。
2024-04-22CRCC reported Q1 2024 new contracts of RMB 550.6895 billion, up 2.05% YoY; engineering contracting new contracts were RMB 410.112 billion, up 3.12%; overseas new contracts were RMB 33.946 billion, up 11.85%.中国铁建2024年一季度新签合同额5506.895亿元，同比增长2.05%；其中工程承包新签4101.12亿元，同比增长3.12%；境外新签339.46亿元，同比增长11.85%。
2024-04-29CRCC reported Q1 2024 revenue of RMB 274.949 billion, up 0.52% YoY; net profit attributable to shareholders was RMB 6.025 billion, up 1.98% YoY.中国铁建2024年一季度营收2749.49亿元，同比增长0.52%；归母净利润60.25亿元，同比增长1.98%。
2024-05-04China Railway Construction receives a 'buy' rating from Dongwu Securities; Q1 2024 revenue RMB 274.95 billion (+0.5% YoY), net profit RMB 6.03 billion (+2.0% YoY), new contracts RMB 550.69 billion (+1.5% YoY).中国铁建获东吴证券买入评级；2024年一季度营收2749.5亿元（同比+0.5%），归母净利润60.3亿元（同比+2.0%），新签合同额5506.9亿元（同比+1.5%）。
2024-07-29Q2 2024 new contracts signed: RMB 549.9321 billion; H1 cumulative new contracts RMB 1.1006217 trillion, down 19.02% YoY.2024年第二季度新签合同额5499.321亿元；上半年累计新签合同额11006.217亿元，同比下降19.02%。
2024-08-30CRCC reported H1 2024 results: revenue RMB 516.137 billion, down 4.61% YoY; net profit attributable to shareholders RMB 11.902 billion, down 12.8% YoY; new contracts RMB 1,100.6217 billion, down 19.02% YoY.中国铁建发布2024年半年度报告：营业收入5161.37亿元，同比下降4.61%；归母净利润119.02亿元，同比下降12.8%；新签合同总额11006.217亿元，同比下降19.02%。
2024-10-28CRCC Q3 2024 new contracts totaled RMB 372.8 billion, down 17.51% YoY; engineering contracting new contracts were RMB 247.9 billion, down 13.84%; investment operations new contracts were RMB 15.5 billion, down 65.60%; green environmental protection new contracts were RMB 31.9 billion, up 43.05%.中国铁建2024年第三季度新签合同额3728.05亿元，同比下降17.51%；工程承包新签2478.74亿元，同比下降13.84%；投资运营新签155.17亿元，同比下降65.60%；绿色环保新签318.73亿元，同比增长43.05%。
2024-10-30CRCC Q3 2024 net profit attributable to shareholders was RMB 3.793 billion, down 34.27% YoY; first three quarters net profit was RMB 15.695 billion, down 19.18% YoY; revenue for first three quarters was RMB 758.125 billion, down 5.99% YoY.中国铁建2024年第三季度归母净利润37.93亿元，同比下降34.27%；前三季度归母净利润156.95亿元，同比下降19.18%；前三季度营业收入7581.25亿元，同比下降5.99%。
2024-11-08CRCC reports Q3 2024 results: 9M revenue 758.13 billion yuan (-5.99% YoY), net profit 15.695 billion yuan (-19.18% YoY).中国铁建发布2024年三季报：前三季度营收7581.25亿元（同比-5.99%），净利润156.95亿元（同比-19.18%）。
2025-01-23CRCC announced 2024 full-year new contracts of 3,036.9678 billion yuan, down 7.80% year-on-year.中国铁建公告2024年度新签合同额30369.678亿元，同比下降7.80%。
2025-03-28CRCC released 2024 annual results: revenue of 1,067.171 billion yuan, down 6.22% YoY; net profit attributable to shareholders of 22.215 billion yuan, down 14.87% YoY; proposed cash dividend of 3.0 yuan per 10 shares (total 4.074 billion yuan, payout ratio 20.6%).中国铁建发布2024年年报：营业收入10671.71亿元，同比下降6.22%；归母净利润222.15亿元，同比下降14.87%；拟每10股派发现金红利3元（合计40.74亿元，分红率20.6%）。
2025-03-28CRCC's 2024 annual report showed overseas new contracts reached 311.9779 billion yuan, up 23.39% YoY, hitting a record high; total new contracts for the year were 3,036.9678 billion yuan.中国铁建2024年年报显示海外新签合同额3119.779亿元，同比增长23.39%，再创历史新高；全年新签合同总额30369.678亿元。
2025-04-06China Railway Construction Corporation (CRCC) reported 2024 annual results: revenue of 1.07 trillion yuan, down 6.22% YoY; net profit attributable to parent of 22.215 billion yuan, down 14.87% YoY; new contracts signed 3,036.9678 billion yuan, down 7.8% YoY; overseas new contracts 311.9779 billion yuan, up 23.39% YoY; proposed cash dividend of 3.00 yuan per 10 shares (tax included).中国铁建发布2024年年报：营收1.07万亿元，同比下降6.22%；归母净利润222.15亿元，同比下降14.87%；新签合同总额30369.678亿元，同比下降7.8%；海外新签合同额3119.779亿元，同比增长23.39%；拟每10股派发现金红利3.00元（含税）。
2025-04-27CRCC reported Q1 2025 new contract value of 492.845 billion yuan, down 10.50% YoY; engineering contracting down 18.72%, green environmental protection up 77.05%, real estate development up 35.33%, materials logistics up 8.33%.中国铁建2025年一季度新签合同额4928.45亿元，同比下降10.50%；工程承包下降18.72%，绿色环保增长77.05%，房地产开发增长35.33%，物资物流增长8.33%。
2025-04-29CRCC reported Q1 2025 results: revenue 256.762 billion yuan, down 6.61% YoY; net profit attributable to parent 5.151 billion yuan, down 14.51% YoY; basic EPS 0.34 yuan, down 14.79% YoY.中国铁建2025年一季报：营收2567.62亿元，同比下降6.61%；归母净利润51.51亿元，同比下降14.51%；基本每股收益0.34元，同比下降14.79%。
2025-04-30China Railway Construction Corporation (CRCC) released Q1 2025 results: revenue 256.762 billion yuan, -6.61% YoY; net profit 5.151 billion yuan, -14.51% YoY; new contracts 492.8 billion yuan, with green environmental protection up 77.05% to 49.006 billion yuan and mining up 139.26% to 45.631 billion yuan.中国铁建发布2025年一季报：营收2567.62亿元，同比-6.61%；净利润51.51亿元，同比-14.51%；新签合同4928亿元，绿色环保增长77.05%至490.06亿元，矿山开采增长139.26%至456.31亿元。
2025-07-28CRCC reported Q2 2025 new contracts of 563.324 billion yuan; cumulative H1 2025 new contracts were 1,056.17 billion yuan, down 4.04% YoY. Overseas contracts surged 57.43% to 114.094 billion yuan; emerging industry contracts rose 44.45% to 7.858 billion yuan; green environmental protection contracts rose 15.07% to 107.382 billion yuan.中国铁建公布2025年第二季度新签合同额5633.24亿元；上半年累计新签合同额10561.7亿元，同比下降4.04%。境外合同额1140.94亿元，同比增长57.43%；新兴产业合同额78.58亿元，同比增长44.45%；绿色环保合同额1073.82亿元，同比增长15.07%。
2025-08-11CRCC reported H1 2025 new contracts of CNY 1,056.1696 billion; Q2 new contracts CNY 563.3243 billion. Overseas new contracts surged 57.43% YoY to CNY 114.0944 billion. Emerging businesses grew 44.45% YoY, green environmental protection up 15.07%.中国铁建公布2025年上半年新签合同额10561.696亿元，二季度5633.243亿元；境外新签合同额1140.944亿元，同比增长57.43%；新兴产业同比增长44.45%，绿色环保同比增长15.07%。
2025-08-29CRCC reported H1 2025 revenue of CNY 489.199 billion, down 5.22% YoY; net profit attributable to shareholders of CNY 10.701 billion, down 10.09% YoY; basic EPS of CNY 0.70.中国铁建2025年上半年营业收入4891.99亿元，同比下降5.22%；归母净利润107.01亿元，同比下降10.09%；基本每股收益0.70元。
2025-09-04CRCC held H1 2025 results briefing; 2025 full-year targets: new contracts 3.06 trillion yuan, revenue 1.07 trillion yuan.中国铁建举行2025年半年度业绩说明会，2025年经营计划：新签合同额3.06万亿元，营业收入1.07万亿元。
2025-10-23CRCC disclosed Q3 2025 operating data: Q3 new contract value was 462.5954 billion yuan; first three quarters cumulative new contract value was 1,518.765 billion yuan, up 3.08% YoY. Industrial manufacturing new contracts were 5.5424 billion yuan; emerging business new contracts were 8.8634 billion yuan. Property development sales were 54.2709 billion yuan, down 11.53% YoY. Domestic new contracts were 1,313.9441 billion yuan, down 3.96% YoY.中国铁建披露第三季度主要经营数据：第三季度新签合同额4625.954亿元；前三季度累计新签合同额15187.65亿元，同比增长3.08%。工业制造新签合同额55.424亿元；新兴产业新签合同额88.634亿元。房地产开发签约销售额542.709亿元，同比下降11.53%。境内新签合同额13139.441亿元，同比下降3.96%。
2025-10-23CRCC held a Q3 2025 economic operation analysis meeting, emphasizing high-quality operations, accelerating emerging industries, fine management, and 'three golds' (accounts receivable, inventory, contract assets) reduction to ensure full-year targets.中国铁建召开2025年三季度经济运行分析会议，强调高质量经营、加快战新产业发展、精细化管理、全力压降“三金”，确保完成年度目标。
2025-10-30CRCC reported Q3 2025 results: Q3 revenue was 239.204 billion yuan, down 1.15% YoY; profit before tax was 5.105 billion yuan, down 13.41% YoY. First three quarters revenue was 728.403 billion yuan, down 3.92% YoY; net profit attributable to shareholders was 14.811 billion yuan, down 5.63% YoY. Total assets reached 2.07 trillion yuan, up 10.91% from end of 2024.中国铁建发布2025年第三季度报告：第三季度营业收入2392.04亿元，同比下降1.15%；利润总额51.05亿元，同比减少13.41%。前三季度营业收入7284.03亿元，同比下降3.92%；归母净利润148.11亿元，同比减少5.63%。总资产达2.07万亿元，较上年末增长10.91%。
2025-11-03In the first three quarters of 2025, CRCC reported new contracts of 1,518.765 billion yuan, up 3.08% YoY; domestic contracts fell 3.96% to 1,313.944 billion yuan, while overseas contracts surged 94.52% to 204.821 billion yuan.2025年前三季度，中国铁建新签合同额15187.65亿元，同比增长3.08%；境内业务下降3.96%至13139.44亿元，境外业务增长94.52%至2048.21亿元。
2026-01-29China Railway Construction announced Q4 2025 new contract value of 1,557.732 billion yuan; full-year 2025 cumulative new contract value of 3,076.497 billion yuan, up 1.30% YoY. Engineering contracting new contracts 2,363.96 billion yuan (up 1.52%); emerging industry new contracts 28.695 billion yuan (up 17.08%); property development signed contracts 78.582 billion yuan (down 19.55%). Domestic new contracts 2,713.1572 billion yuan (down 0.43%); overseas 363.3398 billion yuan (up 16.46%).中国铁建公告2025年第四季度新签合同额15577.32亿元；全年累计新签合同额30764.97亿元，同比增长1.30%。工程承包新签合同额23639.6亿元（同比增1.52%）；新兴产业新签合同额286.95亿元（同比增17.08%）；房地产开发签约合同额785.82亿元（同比降19.55%）。境内新签合同额27131.572亿元（同比降0.43%）；境外3633.398亿元（同比增16.46%）。
2026-03-30CRCC reported 2025 annual results: revenue CNY 1.03 trillion, down 3.50% YoY; net profit attributable to shareholders CNY 18.363 billion, down 17.34% YoY; EPS CNY 1.18; proposed dividend CNY 0.30 per share.中国铁建发布2025年年报：营业收入1.03万亿元，同比下降3.50%；归母净利润183.63亿元，同比下降17.34%；基本每股收益1.18元；拟每10股派发现金红利3元。
2026-03-30CRCC 2025 new contracts signed totaled CNY 3,076.497 billion, up 1.30% YoY, achieving 100.5% of annual target; overseas new contracts CNY 363.34 billion, up 16.46% YoY.中国铁建2025年新签合同总额30,764.97亿元，同比增长1.30%，完成年度计划100.5%；境外新签合同额3,633.4亿元，同比增长16.46%。
2026-04-01China Railway Construction Corporation (CRCC) reported 2025 annual results: revenue of 1,029.78 billion yuan, down 3.50% YoY; net profit of 18.363 billion yuan, down 17.34% YoY; new contracts of 3,076.497 billion yuan, up 1.30% YoY. 2026 guidance: new contracts 3,000 billion yuan, revenue 1,001.6 billion yuan.中国铁建发布2025年年报：营业收入10297.8亿元，同比下降3.50%；净利润183.63亿元，同比下降17.34%；新签合同额30764.97亿元，同比增长1.30%。2026年经营计划：新签合同30000亿元，营业收入10016亿元。
2026-04-20CRCC's 2025 annual results show new contracts maintained at 3 trillion yuan scale; emerging businesses (mining, power) signed 226.5 billion and 209 billion yuan respectively, up ~18% YoY; emerging industry revenue and profit grew 28.5% and 2.7% YoY.中国铁建2025年年报显示新签合同保持3万亿元规模；矿山、电力工程分别新签2265亿元、2090亿元，同比增长约18%；新兴产业营业收入、利润总额分别同比增长28.5%、2.7%。
2026-04-29CRCC reported 2026 Q1 results: revenue of 231.582 billion yuan, down 9.81% YoY; net profit of 4.392 billion yuan, down 14.72% YoY; new contracts of 357.904 billion yuan, down 27.38% YoY; real estate new contracts of 11.795 billion yuan, down 36.45% YoY.中国铁建2026年一季报：营业收入2315.82亿元，同比下降9.81%；净利润43.92亿元，同比下降14.72%；新签合同额3579.04亿元，同比下降27.38%；房地产新签合同额117.95亿元，同比下降36.45%。
Strategic Meetings & Internal Governance战略会议与内部治理
15 · 2024-01-25 → 2026-06-04
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Board meetings, budget approvals, strategic seminars, and governance changes including the cancellation of the board of supervisors.董事会会议、预算审批、战略研讨会以及包括取消监事会等治理变革。
2024-01-25CRCC board of directors reviewed and approved the 2024 budget report proposal at its 24th meeting.中国铁建第五届董事会第二十四次会议审议通过《关于公司2024年度预算报告的议案》。
2024-03-08CRCC held the South China Regional Seminar on Innovation and Transformation of the Construction Industry in Zhuhai, focusing on strategic emerging industries, underground space development, and new productive forces.中国铁建在珠海召开建筑业创新转型华南区域研讨会，聚焦战略性新兴产业、城市深部地下空间开发及新质生产力。
2024-03-22CRCC announced 2023 annual results briefing scheduled for April 3, 2024, via Shanghai Stock Exchange roadshow center, with Chairman Dai Hegen, President Wang Lixin, and other executives attending.中国铁建公告2023年度业绩说明会定于2024年4月3日通过上证路演中心举行，董事长戴和根、总裁王立新等高管出席。
2024-05-30China Railway Construction announces annual general meeting to be held on June 20, 2024, with 13 proposals including 2023 profit distribution and 2024 asset securitization plan.中国铁建公告将于2024年6月20日召开年度股东大会，审议13项议案，包括2023年度利润分配方案和2024年度资产证券化额度计划。
2024-06-26CRCC held a value creation action promotion and industry-finance integration and supply chain management improvement meeting, deploying the 'three reductions and three increases' special action to enhance enterprise value creation.中国铁建召开价值创造行动推进会暨业财融合与供应链管理提升专题会议，部署“三降三升”专项行动，提升企业价值创造能力。
2024-06-27CRCC Chairman Dai Hegen visited CRCC Heavy Industry Xinjiang Company and urged reforms to streamline operations, improve refined management, and achieve 'quality projects, excellent cadres, and good benefits'.中国铁建董事长戴和根调研铁建重工新疆公司，要求精干高效推进改革，夯实精细化管理，实现“工程优质、干部优秀、效益优良”。
2024-12-26CRCC held a Science and Technology Innovation Conference in Beijing, summarizing seven years of R&D achievements and deploying next steps for high-level self-reliance, including optimizing the roles of research institutes and open platforms.中国铁建在京召开科技创新大会，总结七年科技创新成绩，部署下一步工作，优化科研总院、产业技术研究院等主体职责定位，推动高水平科技自立自强。
2025-04-15CRCC board announced it will meet on April 29 to review and approve the unaudited first-quarter 2025 results; no specific financial data disclosed.中国铁建董事会公告将于4月29日召开会议，审议批准2025年第一季度未经审计的业绩；未披露具体财务数据。
2025-04-29CRCC board approved changing the auditor from Deloitte (Deloitte Touche Tohmatsu) to Ernst & Young (An Yong Hua Ming) for 2025, with total audit fees of 25 million yuan (including tax), due to Deloitte's continuous tenure exceeding 8 years.中国铁建董事会批准变更会计师事务所，由德勤华永改为安永华明担任2025年审计机构，审计费用总计2500万元（含税），原因为德勤连续担任审计机构已满八年。
2025-04-30CRCC board approved the revision of the company's articles of association and the cancellation of the board of supervisors, with the audit and risk management committee of the board of directors exercising the powers of the board of supervisors under the Company Law.中国铁建董事会审议通过修订《公司章程》并取消监事会的议案，由董事会审计与风险管理委员会行使《公司法》规定的监事会职权。
2025-06-20CRCC held its 2024 annual general meeting, approving 14 proposals including the 2024 profit distribution plan and financial report.中国铁建召开2024年度股东会，审议通过2024年度利润分配方案、财务决算报告等14项议案。
2025-07-09CRCC participated in a joint initiative by 33 construction companies to issue an 'anti-involution' proposal, aiming to resist cut-throat competition and promote industry transformation towards high-end, intelligent, and green development.中国铁建参与33家建筑企业联合发出‘反内卷’倡议书，旨在抵制恶性竞争，推动行业向高端化、智能化、绿色化转型。
2025-09-10CRCC held a strategic emerging industry promotion meeting; announced 5 new joint R&D platforms, issued 'CRCC Sci-tech Innovation Promoting Industrial Innovation Work Guidelines', and established a 'Green Seed Technology Library'.中国铁建召开战新产业推进会，新成立5个联合研发平台，出台《中国铁建科技创新推动产业创新工作指引》，建立“青苗技术库”。
2025-10-29CRCC Vice President Li Xinglong and Chief Economist Sun Gongxin visited CRCC Heavy Industry to investigate emerging industry development, focusing on the '3+N' industrial layout and high-end, intelligent, green transformation.中国铁建副总裁李兴龙、总经济师孙公新赴铁建重工专题调研战新产业发展情况，聚焦“3+N”产业布局及高端化、智能化、绿色化转型。
2026-06-04CRCC announced it will hold the 2025 annual general meeting of shareholders on June 26 at CRCC Building in Beijing; record date June 22.中国铁建公告将于6月26日在北京中国铁建大厦召开2025年年度股东会，股权登记日为6月22日。
Innovation Consortium & R&D Institutes创新联盟与研发研究院
13 · 2024-01-29 → 2026-01-08
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Establishment of the Deep Underground Space Utilization Innovation Consortium and multiple industrial technology research institutes for green, new materials, and high-end equipment.成立深部地下空间利用创新联合体，以及多个绿色、新材料和高端装备产业技术研究院。
2024-01-29CRCC led the formation of the 'Deep Underground Space Utilization Innovation Consortium', jointly with 19 central SOEs, 14 universities, and 4 research institutions.中国铁建牵头联合19家中央企业、14家高校、4家机构共同组建“深部地下空间利用创新联合体”。
2024-06-20CRCC established the Green and Low-Carbon Industrial Technology Research Institute in Beijing, the first industrial technology research institute under its '1+9+N' innovation system, focusing on green low-carbon technology research and new quality productive forces.中国铁建在京成立绿色低碳产业技术研究院，系其“1+9+N”科技创新体系中首个产业技术研究院，聚焦绿色低碳技术研究与新质生产力培育。
2024-09-22CRCC Investment Group established a New Materials Expert Committee in Beijing, the first expert committee under the company's '1+9+N' sci-tech innovation system, to promote new materials development.中国铁建投资集团在京成立新材料专家委员会，为公司'1+9+N'科技创新体系下首个专家委员会，推动新材料产业发展。
2024-10-14CRCC leads the establishment of the 'Deep Underground Space Utilization Innovation Consortium', jointly formed with 19 central enterprises, 14 universities, and 4 institutions, to advance future industry key technologies.中国铁建牵头联合19家央企、14所高校、4家机构组建“深部地下空间利用创新联合体”，推动未来产业关键技术攻关。
2024-10-29CRCC established the New Materials Industry Technology Research Institute in Beijing, its third industrial technology research institute after green low-carbon and underground space, to advance strategic emerging businesses.中国铁建新材料产业技术研究院在京揭牌成立，是继绿色低碳、地下空间后第三个产业技术研究院，旨在发展战略性新兴产业。
2024-11-25CRCC establishes High-End Equipment Industry Technology Research Institute at CRCC Heavy Industry, the fourth such institute after green, underground space, and new materials institutes.中国铁建高端装备产业技术研究院在铁建重工揭牌成立，为继绿色低碳、地下空间、新材料后第四个产业技术研究院。
2024-12-02CRCC established its fourth industrial technology research institute — the High-End Equipment Industrial Technology Research Institute, based on CRCC Heavy Industry's technology center, focusing on strategic emerging industries.中国铁建成立第四家产业技术研究院——高端装备产业技术研究院，以铁建重工技术中心为基础，聚焦战略性新兴产业。
2025-02-11CRCC disclosed its innovation platform system: it has built 3 national-level innovation platforms and 34 provincial/ministerial-level platforms. It established the CRCC Science and Technology Research General Institute and 9 industrial technology research institutes (AI, green low-carbon, new energy, new materials, high-end equipment, underground space, urban renewal, marine economy, smart operations). Shield machine main bearings are fully self-controllable, and high-power hydraulic rock drills achieved mass production. CRCC won 1 China Patent Silver Award and 7 Excellence Awards, ranking first among construction central SOEs.中国铁建披露创新平台体系：已建成国家级创新平台3个、省部级平台34个；成立科学技术研究总院和9个产业技术研究院（人工智能、绿色低碳、新能源、新材料、高端装备、地下空间、城市更新、海洋经济、智慧运营）；盾构机主轴承全系列自主可控，高端大功率液压凿岩机实现量产；获中国专利银奖1项、优秀奖7项，居建筑央企首位。
2025-03-03China Railway Construction Corporation (CRCC) board approved the establishment of a wholly-owned subsidiary, China Railway Construction Science and Technology Research Institute Co., Ltd., to strengthen its innovation system.中国铁建董事会批准设立全资子公司中国铁建科学技术研究总院有限公司，以强化其科技创新体系。
2025-04-06CRCC announced the establishment of the China Railway Construction Science and Technology Research Institute, and the listing of industrial technology research institutes for green low-carbon, underground space, new materials, high-end equipment, new energy, and bamboo-based materials; jointly built 3 national-level innovation platforms and 34 provincial/ministerial-level innovation platforms.中国铁建宣布成立中国铁建科学技术研究总院，绿色低碳、地下空间、新材料、高端装备、新能源、竹基等产业技术研究院先后挂牌；联合建设国家级创新平台3个、省部级和行业创新平台34个。
2025-08-22CRCC High-End Equipment Industry Technology Research Institute launched 'Science and Technology Lecture Hall' at CRCC Heavy Industry; Zhejiang University Professor Yang Huayong gave the first lecture on AI and advanced manufacturing integration.中国铁建高端装备产业技术研究院在铁建重工启动“科技大讲堂”，浙江大学杨华勇教授作《人工智能与先进制造技术融合的探索》首期演讲。
2025-12-03China Railway Construction Corporation (CRCC) fully funded and established China Railway Construction Science and Technology Research Institute Co., Ltd. with a registered capital of 500 million yuan, covering AI, IoT, bio-based materials, and fermentation technology.中国铁建全资设立中铁建科学技术研究总院有限公司，注册资本5亿元，业务涵盖人工智能、物联网、生物基材料及发酵技术。
2026-01-08China Railway Construction accelerated its '1+9+N' innovation system, with CRCC Shanghai Academy developing core-shell structured titanium dioxide new photocatalytic materials, forming four product lines (air purification equipment, building decoration materials, etc.) now in market promotion. It also built the Guiyang computing center, established a digital technology company, and accelerated 'lighthouse factory' system construction.中国铁建加速‘1+9+N’科技创新体系建设，中铁上海院开发核壳结构二氧化钛新型光触媒材料，形成空气净化设备、建筑装饰材料等四大产品序列并进入市场推广；建成贵阳算力中心，组建数科公司，加快建设‘灯塔工厂’体系。
Shield Machine & Tunneling Technology盾构机与隧道技术
12 · 2024-01-29 → 2026-06-22
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Development and deployment of the world's largest diameter shield machine main bearing, the 'Jinghua' and 'Jianghai Hao' shield machines, and intelligent tunneling technologies.研发并部署全球最大直径盾构机主轴承、“京华”和“江海号”盾构机，以及智能掘进技术。
2024-01-29CRCC self-developed the world's largest diameter shield machine main bearing, achieving full localization; the超大直径盾构机 'Dinghai' was deployed for the Yongjin Railway Jintang subsea tunnel, the world's longest and largest-diameter high-speed rail subsea tunnel.中国铁建自研全球最大直径盾构机主轴承下线，实现盾构机主轴承全面国产化；超大直径盾构机“定海号”应用于世界最长、直径最大海底高铁隧道——甬金铁路金塘海底隧道。
2024-04-28CRCC showcased its full-chain tunnel construction technology at the 2024 World Tunnel Congress in Shenzhen, including shield intelligent construction technology.中国铁建在2024年世界隧道大会（深圳）展示隧道施工全产业链技术，包括盾构智能建造技术。
2024-05-10China Railway Construction debuts its 'Underground Space' brand at the 2024 China Brand Day, showcasing the 16m-diameter shield machine 'Jinghua', the world's largest 8.61m-diameter shield main bearing, and the 'Dream' boring machine for 80m-deep smart garages.中国铁建在2024年中国品牌日首次亮相“地下空间”品牌，展示16米级盾构机“京华号”、全球最大直径8.61米盾构机主轴承及用于80米深智慧车库的“梦想号”掘进机。
2024-06-25CRCC exhibited at the 8th China-Eurasia Expo in Urumqi, showcasing major equipment including the world's largest shaft boring machine 'Dream', the 16m-diameter shield machine 'Jinghua', and the world's first tunnel erector 'Taihang', as well as new materials like bamboo-wound pipes and sand-fixing products.中国铁建在第八届中国—亚欧博览会上展出全球最大竖井掘进机“梦想号”、16米级超大直径盾构机“京华号”、世界首台换架一体机“太行号”等高端装备及竹缠绕管道、固沙宝等新材料。
2024-08-28CRCC's South China Qingyuan Shield Base in Guangdong completed disassembly and overhaul of a Herrenknecht S990 shield machine, which will be deployed for a Shenzhen metro tunnel project.中国铁建华南清远盾构基地完成海瑞克S990盾构机拆解检修，将投入深圳地铁隧道项目。
2025-02-15CRCC's Yellow River segment production base deployed a 5th-generation large-diameter shield tunnel segment green intelligent production line, using intelligent robots for mold cleaning, spraying, finishing, transport, and scanning. CRCC 15th Bureau established Shanghai Smart Transportation Technology Co., Ltd. and launched the 'EUP Shaft Smart Garage' project in Shanghai. CRCC also set up an Underground Space Research Institute with dedicated R&D funding.黄河管片生产基地配备第五代超大直径盾构管片绿色智能生产线，采用智能机器人操作；中铁十五局成立上海智慧交通科技有限公司，在上海落地“EUP竖井智慧车库”项目；中国铁建成立地下空间研究院并设立专项研发资金。
2025-08-14CRCC disclosed key technology achievements: developed the 'Jianghai Hao' super-large diameter shield machine (max. excavation diameter 16.6m); built the world's first 'Taihang Hao' beam changer; started production of a hydraulic rock drill line (186 units produced); developed a self-developed high-precision GNSS receiver supporting BeiDou-3.中国铁建披露关键技术成果：研制最大开挖直径16.6m的超大直径盾构机“江海号”；研制世界首台“太行号”换梁机；建设液压凿岩机产业化生产线并投产（已生产186台）；自主研制支持北斗三号的高精度测量型接收机。
2025-10-15CRCC's subsidiary CRCC Heavy Industry developed an intelligent assembly robot mounted on the 'Jianghai Hao' shield machine (16.64m diameter, China's largest self-developed) for the Haitai Yangtze River Tunnel, the world's longest highway underwater shield tunnel.铁建重工研发的智能拼装机器人搭载在我国自主研制最大直径（16.64米）盾构机“江海号”上，用于世界最长公路水下盾构隧道——海太长江隧道管片拼装。
2025-11-07CRCC showcased 17 exhibits at the 'Good Housing Technology Expo' in Beijing, including the 16m超大直径 shield machine 'Jinghua', 1,000-ton girder-erecting machine 'Kunlun', 23m shaft boring machine 'Dream', and new materials like aerogel and core-shell TiO2 nanomaterials.中国铁建在北京好房子科技展展出17件展品，包括16米级超大直径盾构机“京华号”、千吨级运架一体机“昆仑号”、23米级竖井掘进机“梦想号”、气凝胶材料及核壳结构TiO2纳米材料等。
2025-12-29CRCC's self-developed largest-diameter shield machine 'Jianghai Hao' (16.64m diameter) and world-first tunnel coal dust cleaner TX-100K were exhibited at the '14th Five-Year' achievements exhibition at the National Museum of China.中国铁建自主研制的最大直径盾构机“江海号”（直径16.64米）和世界首创隧道煤粉清理车TX-100K受邀在中国国家博物馆“十四五”成就展展出。
2026-06-12CRCC's subsidiary CRCC Heavy Industry, together with China Railway Siyuan, China Railway 18th Bureau, and Hunan University, achieved a key breakthrough in the full-face tunnel boring machine AI knowledge model; the shield tunneling operation and risk prevention intelligent agent has been deployed in engineering applications.铁建重工牵头，联合铁四院、中铁十八局、湖南大学，在全断面隧道掘进机AI知识大模型研发上实现关键突破，盾构掘进运维与风险防控智能体已投入工程应用。
2026-06-22CRCC exhibited multiple self-developed intelligent high-end equipment at the 4th China International Supply Chain Expo, including the largest domestically-made shield machine 'Jianghai Hao', 16m-class shield 'Jinghua Hao', 1000-ton girder erector 'Kunlun Hao', electric excavators, and new energy dump trucks.中国铁建在第四届中国国际供应链促进博览会展出自研智能高端装备，包括最大直径盾构机“江海号”、16米级盾构机“京华号”、1000吨运架一体机“昆仑号”、电动挖掘机、新能源自卸车等。
Executive Probes & Legal Disputes高管调查与法律纠纷
22 · 2024-02-01 → 2026-04-10
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Investigations into former executives for disciplinary violations and various lawsuits involving contract disputes, safety penalties, and enforcement actions.对前高管违纪违法问题的调查，以及涉及合同纠纷、安全处罚和强制执行行动的各种诉讼。
2024-02-01China Railway Construction (CRCC) was involved in a lawsuit over a scaffolding supply contract; the court initially froze deposits of 157,103.64 yuan, but the plaintiff later withdrew the case and the freeze was lifted.中国铁建涉及一起脚手架买卖合同纠纷诉讼，法院最初冻结了157,103.64元存款，后原告撤诉并解除保全。
2024-05-06Subsidiary Beijing Tieyan Construction Supervision fined RMB 850,000 for a fatal fall accident at Nan'ao Grand Bridge in Wenzhou in Oct 2023, resulting in 1 death and 1 injury.子公司北京铁研建设监理公司因2023年10月温州南岙特大桥高处坠落事故（1死1伤）被罚85万元。
2024-05-23China Railway Construction faces a new lawsuit (case No. (2024) Su 0826 Min Chu 4384) in Lianshui County Court for a sales contract dispute involving subsidiary China Railway 15th Bureau.中国铁建新增一起买卖合同纠纷诉讼（案号(2024)苏0826民初4384号），涉及子公司中铁十五局。
2024-06-14CRCC's wholly-owned subsidiaries CR15th Bureau Group, CR16th Bureau Group, CR17th Bureau Group, and CR19th Bureau Group were added as enforcement targets with total execution amounts of approximately RMB 40.77 million, RMB 0.95 million, RMB 1.50 million, and RMB 0.09 million respectively.中国铁建全资子公司中铁十五局、十六局、十七局、十九局集团新增被执行人信息，执行标的分别约4076.5万元、95.43万元、149.74万元、9.03万元。
2024-08-22Wang Wenzhong, former Party Committee Standing Member and Vice President of CRCC, is under investigation for suspected serious disciplinary and legal violations by the Central Commission for Discipline Inspection and the Liaoning Provincial Supervision Commission.中国铁建原党委常委、副总裁汪文忠涉嫌严重违纪违法，正接受中央纪委国家监委和辽宁省监委纪律审查和监察调查。
2024-11-20CRCC's subsidiary China Railway 16th Bureau Group Co., Ltd. receives a consumption restriction order (case no. (2024)京0105执43789号).中国铁建控股子公司中铁十六局集团有限公司新增一条限制消费令（案号(2024)京0105执43789号）。
2024-11-20CRCC faces a new lawsuit (decoration contract dispute) filed by Shanghai Tongji Architectural Interior Design Engineering Co., Ltd. in Huai'an, Jiangsu (case no. (2024)苏0804民初8876号).中国铁建新增一起装饰装修合同纠纷诉讼，原告为上海同济建筑室内设计工程有限公司，案号(2024)苏0804民初8876号。
2024-11-27Ma Jianjun, Party Committee Standing Committee member and Vice President of CRCC Investment Group, reportedly died by falling on Nov 18; company declines to confirm pending official announcement.中国铁建投资集团党委常委、副总经理马建军据报于11月18日坠楼身亡，公司未确认，称等官网消息。
2024-11-28CRCC as defendant in a sales contract dispute (case no. (2024)京0108民初18659号) sees plaintiff withdraw the lawsuit.中国铁建作为被告的买卖合同纠纷案（案号(2024)京0108民初18659号）原告撤回起诉。
2024-12-02CRCC was sued by Weiming Metal Co., Ltd. for a sales contract dispute at Dalian Shahekou District People's Court (case No. (2024) Liao 0204 Min Chu 10882).中国铁建被伟铭金属有限公司以买卖合同纠纷起诉至大连市沙河口区人民法院（案号(2024)辽0204民初10882号）。
2025-01-06CRCC added a court case (No. 2025-Liao0204-Minchu-248) in Dalian for a sales contract dispute, with plaintiff Chongqing Xinzhoushengyuan Trading Co., Ltd. suing CRCC Bridge Engineering Bureau Group and CRCC.中国铁建新增一起法院诉讼（案号（2025）辽0204民初248号），原告重庆鑫洲升源商贸有限公司起诉中国铁建大桥工程局集团有限公司和中国铁建，案由为买卖合同纠纷。
2025-01-14CRCC added two court cases (No. 2025-Liao0204-Minchu-764) in Dalian for sales contract disputes, with plaintiff Zhejiang Haizhong Steel Structure Equipment Co., Ltd. suing CRCC Bridge Engineering Bureau Group and CRCC.中国铁建新增2件法院诉讼（案号（2025）辽0204民初764号），原告浙江海众钢构装备股份有限公司起诉中国铁建大桥工程局集团有限公司和中国铁建，案由为买卖合同纠纷。
2025-02-07CRCC was named as a defendant in a lawsuit (case no. (2025) Liao 0204 Min Chu 1820) filed by Fuzhou Jilong Concrete Co., Ltd. in Dalian Shahekou District People's Court, with the cause of action being a sales contract dispute.中国铁建因买卖合同纠纷被福州吉隆混凝土有限公司起诉，案号为（2025）辽0204民初1820号，由大连市沙河口区人民法院审理。
2025-05-15CRCC was involved in a new court case as defendant: a contract dispute (case no. (2025) Liao 1302 Min Chu 1920) filed at Chaoyang City Shuangta District People's Court, with plaintiffs Liu, Li, Li and defendants including CRCC.中国铁建新增1件作为被告的法院诉讼：合同纠纷案（案号（2025）辽1302民初1920号），由朝阳市双塔区人民法院审理，原告刘某某、李某某、李某某，被告包括中国铁建。
2025-05-15CRCC as defendant in a construction subcontract dispute (case no. (2025) Liao 0112 Min Chu 10157) at Shenyang Hunnan District People's Court; plaintiff Liaoning Zhenghao Construction Co., Ltd. withdrew the lawsuit, court approved withdrawal.中国铁建作为被告的建设工程分包合同纠纷案（案号（2025）辽0112民初10157号）在沈阳市浑南区人民法院审理，原告辽宁正昊建设股份有限公司撤回起诉，法院准许。
2025-06-30CRCC's former deputy chief economist Hao Chenyi is under investigation for suspected serious disciplinary and legal violations by CRCC's discipline commission and Shandong Dezhou supervision commission.中国铁建原副总经济师郝趁义涉嫌严重违纪违法，正接受中国铁建纪委和山东省德州市监委纪律审查和监察调查。
2025-08-21A lawsuit against CRCC for construction contract dispute was withdrawn by the plaintiff (Liaoning Hongtuo Technology Co., Ltd.) per court ruling (2025) Liao 0203 Min Chu No. 1029.中国铁建作为被告的建设工程施工合同纠纷案，原告辽宁红拖科技股份有限公司撤回起诉。
2025-10-14Sun Qiang, Party Committee member and Deputy General Manager of CRCC's subsidiary China Railway 19th Bureau Group, is under investigation for suspected serious disciplinary and legal violations.中铁十九局集团有限公司党委委员、副总经理孙强涉嫌严重违纪违法，正接受调查。
2026-03-09CRCC is a defendant in a lawsuit (case no. 2026 Hu 7101 Min Chu 830) filed by Tianjin Bofeng Shuntong Fuel Sales Co., Ltd. for a sales contract dispute, with hearing scheduled for April 8, 2026 at Shanghai Railway Transport Court.中国铁建作为被告/被上诉人，涉及天津博丰顺通燃料销售有限公司提起的买卖合同纠纷案（案号2026沪7101民初830号），开庭日期为2026年4月8日，审理法院为上海铁路运输法院。
2026-04-01CRCC subsidiary China Railway 12th Bureau suffered two safety accidents: on March 30, a gas explosion in the Tiefengshan tunnel of the Enshi-Guangyuan expressway killed 4 and injured 9; in February, a bridge collapse on the Lianshen line in Yancheng, Jiangsu killed 5. The Ministry of Transport has put both incidents on supervisory list.中国铁建子公司中铁十二局发生两起安全事故：3月30日恩广高速铁峰山隧道瓦斯爆炸致4死9伤；2月江苏盐城连申线月港大桥塌落致5死。交通运输部对两起事故挂牌督办。
2026-04-02Li Xiaolin, former Party Committee member and deputy general manager of CRCC Central China Regional Headquarters, is under disciplinary review and supervisory investigation for suspected serious violations of discipline and law.中国铁建华中区域总部原党委委员、副总经理李小林因涉嫌严重违纪违法，正接受纪律审查和监察调查。
2026-04-10The Ministry of Transport's Safety Committee Office summoned CRCC and its subsidiaries for frequent safety accidents in highway and waterway projects, demanding stricter safety management, risk排查, and accident prevention.交通运输部安委办约谈中国铁建及其子公司，因公路水运工程事故多发，要求从严履行主体责任，加强风险隐患排查，遏制事故。
Strategic Cooperation Agreements (Provincial & Municipal)战略合作协议（省市级）
13 · 2024-02-05 → 2026-06-15
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Signing strategic cooperation agreements with various provincial and municipal governments covering infrastructure, new energy, and urban development.与多个省市政府签署战略合作协议，涵盖基础设施、新能源和城市发展。
2024-02-05Qingyuan city government and CRCC signed a strategic cooperation agreement, using Qingyuan Maglev Transportation Co. as a platform, covering highways, rail transit, water conservancy, municipal works, new energy (solar, wind), pumped storage, and mineral resources, with cooperation scale no less than 90 billion yuan.清远市政府与中国铁建签署战略合作协议，以清远磁浮交通有限公司为平台，合作领域涵盖高速公路、轨道交通、水利、市政、新能源（光伏、风电）、抽水蓄能、矿产资源等，合作规模不低于900亿元。
2024-04-04CRCC South China HQ and Yunfu city government discussed cooperation on the 'Hundreds, Thousands, and Tens of Thousands Project' (rural revitalization), covering urban construction, resource development, and infrastructure.中国铁建华南总部与云浮市政府就共同实施'百千万工程'（乡村振兴）进行交流，涉及城市建设、资源开发及基础设施等领域合作。
2024-04-19Shenzhen Municipal Government and CRCC signed a strategic cooperation framework agreement covering sci-tech innovation, infrastructure, overseas business, and asset operations.深圳市人民政府与中国铁建签署战略合作框架协议，涉及科技创新、基础设施建设、海外业务、资产运作等领域。
2024-08-15CRCC Chairman Dai Hegen met with Anhui Vice Governor Li Zhong, agreeing to deepen cooperation in urban renewal, infrastructure, new materials, high-end equipment manufacturing, and strategic emerging industries.中国铁建董事长戴和根与安徽省副省长李中会谈，同意在城市更新、基础设施、新材料、高端装备制造、战新产业等领域深化合作。
2024-10-10CRCC Chairman Dai Hegen met with Chaozhou Party Secretary He Xiaojun to deepen cooperation in infrastructure, new materials, and new energy under the 'Hundreds, Thousands, and Tens of Thousands Project'.中国铁建董事长戴和根与潮州市委书记何晓军会谈，深化在“百千万工程”、新材料、新能源等领域的合作。
2024-12-09CRCC Chairman Dai Hegen met with Guangxi Autonomous Region Party Secretary Liu Ning; both sides agreed to implement the strategic cooperation framework agreement, with CRCC participating in Guangxi's infrastructure and ASEAN connectivity projects.中国铁建董事长戴和根与广西壮族自治区党委书记刘宁会见，双方同意落实战略合作框架协议，参与广西基础设施及东盟互联互通建设。
2024-12-20CRCC Chairman Dai Hegen met with Tianjin Mayor Zhang Gong; both sides agreed to deepen cooperation in urban renewal, pipeline upgrades, new materials R&D, and digital economy.中国铁建董事长戴和根与天津市市长张工会见，双方同意在城市更新、管网升级、新材料研发制造、数字经济等领域深化合作。
2025-04-10CRCC Chairman Dai Hegen met with Sanming City Mayor Chen Yuefeng; both sides agreed to deepen cooperation in bamboo-based industry, infrastructure upgrades, industrial synergy, and green low-carbon fields, and to accelerate key projects.中国铁建董事长戴和根与三明市市长陈岳峰会谈，双方同意在竹基产业、基础设施升级、产业协同、绿色低碳等领域深化合作，加快推进重点项目。
2025-04-28CRCC Chairman Dai Hegen met with Guangdong Party Secretary Huang Kunming and Governor Wang Weizhong; both sides agreed to deepen cooperation in infrastructure, underground space, new materials, new energy storage, offshore wind power, and marine equipment manufacturing, and to support the 'Baiqianwan' project.中国铁建董事长戴和根与广东省委书记黄坤明、省长王伟中会谈，双方同意在基础设施、地下空间、新材料、新型储能、海上风电、海洋装备制造等领域深化合作，支持‘百千万工程’。
2025-08-23CRCC Chairman Dai Hegen met with Yunnan provincial leaders; CRCC will accelerate comprehensive transportation projects in Yunnan and expand cooperation in new materials, municipal infrastructure, and industrial parks.中国铁建董事长戴和根与云南省领导会谈，将加快在滇综合交通项目建设，拓展新材料、市政基础设施、产业园区等新领域合作。
2025-12-17CRCC Chairman Dai Hegen met with Xinjiang Party Secretary and Chairman in Urumqi to discuss infrastructure cooperation and support for Xinjiang's development.中国铁建董事长戴和根在乌鲁木齐与新疆党委书记、主席会面，讨论基础设施合作及支持新疆发展。
2026-04-10Hainan Governor Liu Xiaoming met with CRCC President Pei Minshan to discuss CRCC setting up functional/regional headquarters in Hainan, and cooperation in construction, infrastructure, clean energy, and healthcare.海南省省长刘小明会见中国铁建总裁裴岷山，探讨中国铁建在琼设立功能性/区域性总部，以及在建筑、基础设施、清洁能源、医疗康养等领域合作。
2026-06-15Fujian Provincial Government and CRCC signed a strategic cooperation framework agreement, covering comprehensive transportation network, emerging industries, marine economy, ecological restoration, and urban renewal during the 15th Five-Year Plan period.福建省政府与中国铁建签署战略合作框架协议，在“十五五”期间于综合交通网、新兴产业、海洋经济、生态修复、城市更新等领域开展合作。
Guojin CRCC Expressway REIT国金中国铁建高速REIT
7 · 2024-02-07 → 2026-01-23
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Performance, dividends, and operational data of the Guojin China Railway Construction Expressway REIT, including toll revenue and traffic volumes.国金中国铁建高速REIT的业绩、分红和运营数据，包括通行费收入和交通量。
2024-02-07Guojin China Railway Construction REIT reported full-year 2023 results: total operating revenue 771 million yuan, toll revenue 749 million yuan (14% above 2019 level), EBITDA 609 million yuan, distributable amount 488 million yuan, all exceeding the prospectus forecast (105%, 104%, 108%, 106% respectively).国金中国铁建REIT公布2023年全年业绩：营业收入7.71亿元，通行费收入7.49亿元（超2019年14%），EBITDA 6.09亿元，可供分配金额4.88亿元，均超招募说明书预测（分别为105%、104%、108%、106%）。
2024-07-21Guojin China Railway Construction Expressway REIT reported June 2024 operating data: Yu-Sui Expressway (Chongqing section) daily traffic 25,540 vehicles (up 4.09% MoM, down 2.76% YoY); toll revenue RMB 68.167 million (up 19.34% MoM, down 1.69% YoY).国金中国铁建高速REIT发布2024年6月运营数据：渝遂高速（重庆段）日均收费车流量25,540辆（环比增4.09%，同比降2.76%），路费收入6816.7万元（环比增19.34%，同比降1.69%）。
2024-10-24Guojin China Railway Construction Expressway REIT reported Q3 2024 revenue of RMB 196 million, net profit of RMB 43.7 million, and distributable amount of RMB 145 million.国金中国铁建高速REIT发布2024年第三季度报告，实现收入1.96亿元，净利润4369.87万元，可供分配金额1.45亿元。
2024-12-23Guojin China Railway Expressway REIT reported November 2024 operations: average daily toll traffic 22,045 vehicles (-6.32% MoM, -7.56% YoY); cumulative toll revenue 677 million yuan (-2.59% YoY). Yunwu Mountain tunnel began disease treatment from Dec 5.国金中国铁建高速REIT发布2024年11月运营数据：日均收费车流量22045辆次（环比-6.32%，同比-7.56%）；累计路费收入6.77亿元（同比-2.59%）；云雾山隧道12月5日起开展病害处置。
2025-01-23CRCC's Guojin China Railway Expressway REIT reported December 2024 toll revenue of 56.4963 million yuan, down 20.55% year-on-year; cumulative 2024 toll revenue of 733.9106 million yuan, down 4.26% year-on-year but 104.95% of forecast.国金中国铁建高速REIT公告2024年12月路费收入5649.63万元，同比下降20.55%；全年累计路费收入73391.06万元，同比下降4.26%，完成预测值104.95%。
2025-09-08Guojin CRCC Expressway REIT announced its second 2025 dividend: 4.2 yuan per 10 fund units, with distributable amount of 212 million yuan as of June 30, 2025.国金中国铁建高速REIT发布2025年第二次分红公告，每10份派发4.2元，截至2025年6月30日可供分配金额2.12亿元。
2026-01-23Guojin China Railway Construction Chongqing Yusu Expressway REIT reported December 2025 operating data: daily toll traffic 20,300 vehicles (down 3.11% MoM, up 0.31% YoY); toll revenue 56.5674 million yuan (up 4.51% MoM, up 0.13% YoY). Full-year 2025 daily traffic 22,800 vehicles (down 6.82% YoY); cumulative toll revenue 647 million yuan (down 11.78% YoY).国金中国铁建高速REIT发布2025年12月运营数据：日均收费车流量2.03万辆次（环比降3.11%，同比增0.31%）；路费收入5656.74万元（环比增4.51%，同比增0.13%）。2025年全年日均车流量2.28万辆次（同比降6.82%）；累计路费收入6.47亿元（同比降11.78%）。
Saudi Arabia Projects (Mecca Light Rail & Jeddah Stadium)沙特阿拉伯项目（麦加轻轨与吉达体育场）
2 · 2024-02-22 → 2024-06-19
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Operation of Mecca Light Rail for Hajj and construction of Jeddah Stadium and Sports Village for the 2034 FIFA World Cup.运营麦加轻轨朝觐服务，并建设2034年FIFA世界杯的吉达体育场和体育村。
2024-02-22CRCC and SAMA Construction won the Jeddah Stadium and Sports Village project in Saudi Arabia, to host the 2034 FIFA World Cup; total building area approx. 360,000 sqm, capacity over 46,000 spectators.中国铁建与SAMA建筑承包公司联合体中标沙特吉达体育场及周边体育村项目，用于举办2034年世界杯；总建筑面积约36万平米，可容纳4.6万余名观众。
2024-06-19CRCC successfully completed the 2024 Hajj operation of the Mecca Light Rail in Saudi Arabia for the 10th time, operating 158 hours, 2,206 train trips, and transporting 2.094 million passengers under extreme heat up to 51.8°C.中国铁建第10次圆满完成沙特麦加轻轨2024年朝觐运营，持续工作158小时，发行列车2206列次，运送乘客209.4万人次，运营环境温度最高达51.8℃。
Supply Chain & Supplier Agreements供应链与供应商协议
9 · 2024-02-24 → 2026-04-08
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Framework procurement agreements with cable, steel, lubricant, and MRO suppliers, including Tongda Cable, Jianlong Group, ExxonMobil, and Shell.与电缆、钢材、润滑油及MRO供应商签订框架采购协议，包括通达电缆、建龙集团、埃克森美孚和壳牌。
2024-02-24Tongda Cable announced it won a framework procurement order from CRCC Bridge Engineering Bureau for cables valued at approx. 250.94 million yuan (2023-2025 period).通达股份公告中标中国铁建大桥工程局2023-2025年电线电缆框架采购，预计采购金额约2.5094亿元。
2024-04-30CRCC subsidiaries China Railway 17th Bureau and China Railway Bridge Bureau signed strategic cooperation agreements with Jianlong Group, the largest steel supplier to CRCC (over 1 million tons in 2023).中国铁建子公司中铁十七局和中国铁建大桥局与建龙集团签署战略合作协议，建龙集团2023年为中国铁建最大钢材供应商（超100万吨）。
2024-10-09Qixin Group won the bid for China Railway Construction's 2025 annual framework agreement procurement of Category II and III materials in the Central-South region (Hubei, Hunan, Henan, Jiangxi).齐心集团中标中国铁建2025年度中南区域（湖北省、湖南省、河南省、江西省）二三类料物资框架协议采购。
2024-11-21Qixin Group wins CRCC's 2025 framework procurement project for office supplies and Class II/III materials across multiple regions.齐心集团中标中国铁建2025年度办公用品及二三类料物资框架协议采购项目（多区域）。
2024-12-03CRCC held a signing ceremony for the 2025 Central-South Region second/third-category materials e-commerce procurement with supplier Xinfangsheng, advancing digital supply chain transformation.中国铁建与供应商鑫方盛举行2025年度中南区域二三类物资商城采购签约仪式，推进供应链数字化升级。
2024-12-06ExxonMobil (China) Investment Co., Ltd. signed a strategic procurement agreement with CRCC, becoming a supplier of industrial oils (hydraulic oil, gear oil, grease, engine oil) for 2024-2025.埃克森美孚（中国）投资有限公司与中国铁建签署战略采购协议，入围2024-2025年度工业油品战略采购供应商，供应液压油、齿轮油、润滑脂、机油等。
2024-12-18Shell Industrial Lubricants signed a strategic procurement agreement with CRCC in Changsha, covering customized lubrication solutions including grease, IoT oil monitoring, and offline oil services.壳牌工业润滑油与中国铁建在长沙签署战略采购协议，提供定制化润滑方案，包括润滑油脂、IoT油液在线监测及线下油液服务。
2025-08-01Xiamen Tungsten (600549.SH) disclosed that its shield-cutting tools customers include subsidiaries of China Railway Group, China Railway Construction Corporation (CRCC), and China Communications Construction Company.厦门钨业(600549.SH)披露其盾构刀具客户包括中国中铁、中国铁建、中国交建旗下企业。
2026-04-08Zhuhai Lehuo Technology, a subsidiary of Tianzhang Office Group, won the bid for CRCC's Tiejian Mall 2026 national integrated supplier selection project, covering MRO and general supplies procurement.天章办公集团子公司珠海乐活科技中标中国铁建铁建商城2026年度全国集成供应商选商项目，涵盖MRO物资及通用物资采购。
Shareholder Returns & Dividend Policy股东回报与分红政策
9 · 2024-02-29 → 2026-05-11
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Dividend declarations, payout ratio adjustments, and shareholder return plans aimed at enhancing investor value.股息宣派、派息率调整以及旨在提升投资者价值的股东回报计划。
2024-02-29CRCC responded to investor questions on dividend policy, stating that due to large working capital needs and leverage stabilization, the current payout ratio (16%) is in line with long-term sustainable development.中国铁建回应分红政策问题，表示因日常营运资金需求大且需稳杠杆，当前分红比例（16%）符合长期可持续发展。
2024-03-28CRCC proposed 2023 dividend: RMB 3.50 per 10 shares (total RMB 4.026 billion), payout ratio increased from 15.91% (2022) to 20.18%, no bonus shares or capital reserve increase.中国铁建提议2023年度权益分派：每10股派发现金红利3.50元（合计40.26亿元），分红比例由2022年的15.91%提高至20.18%，不送红股、不转增。
2024-06-12CRCC announced its 2023 dividend payout ratio reached 20.18%, up 4.27 percentage points year-on-year, and expects cash dividends to be paid on or before August 31, 2024, subject to shareholder approval.中国铁建宣布2023年度分红比例达20.18%，同比提高4.27个百分点，现金股息预计于2024年8月31日或之前派付（须经股东大会审议通过）。
2024-07-02Announced final dividend of RMB 0.35 per share for FY2023, payable on 16 August 2024.宣布2023年度末期股息每股0.35元，于2024年8月16日派发。
2024-07-14Final dividend implementation: total cash dividend RMB 4.026 billion (RMB 0.35 per 10 shares), based on FY2023 net profit of RMB 26.097 billion (down 2.19% YoY) and revenue of RMB 1.14 trillion (up 3.8% YoY).2023年度权益分派实施：合计派发现金红利40.26亿元（每10股3.50元），2023年净利润260.97亿元（同比降2.19%），营收1.14万亿元（同比增3.8%）。
2024-07-16Announced total cash dividend of RMB 4.752 billion for FY2023, with retained earnings to be used for working capital and investment in planning, industrial manufacturing, and emerging businesses.宣布2023年度合计派发现金红利47.52亿元，留存收益用于补充营运资金及投资规划设计、工业制造、新兴产业等。
2025-02-17CRCC announced it will formulate a market value management system and valuation enhancement plan per CSRC and SASAC requirements, and will take measures including improving contract conversion rates, accelerating transformation of traditional industries, developing strategic emerging industries, and increasing dividend payout ratios per its three-year dividend plan.中国铁建表示将按要求制定市值管理制度及估值提升计划，措施包括提升合同转化率、加快传统产业转型、发展战新产业、根据三年分红规划提高分红比例。
2025-07-13CRCC announced its 2024 annual profit distribution plan: a cash dividend of 0.30 yuan per share (tax included), totaling approximately 4.074 billion yuan, with the record date on July 21 and payment on July 22, 2025.中国铁建发布2024年度权益分派方案：每股派发现金红利0.30元（含税），共计派发约40.74亿元，股权登记日为7月21日，现金红利发放日为7月22日。
2026-05-11China Railway Construction (CRCC) announced 2025 cash dividend of 4.07 billion yuan, payout ratio 25.5%, up 4.9 pct from 2024.中国铁建宣布2025年度现金分红40.7亿元，分红比例25.5%，较2024年提高4.9个百分点。
Capital Actions & Market Value Management资本运作与市值管理
22 · 2024-02-29 → 2026-04-19
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Share buybacks, asset-backed securities, guarantee plans, market value management systems, and responses to investor queries on valuation.股份回购、资产支持证券、担保计划、市值管理制度以及回应投资者关于估值的问询。
2024-02-29CRCC stated it will adjust its market value management assessment methods after the SASAC issues specific guidelines, and will take measures to promote reasonable valuation recovery.中国铁建表示将在国务院国资委出台具体考核方案后调整市值管理考核办法，采取措施推动估值合理回归。
2024-04-16CRCC's controlling shareholder, China Railway Construction Group, completed its A-share buyback plan, cumulatively repurchasing 13.58 million shares (0.1% of total shares) for RMB 106 million.中国铁建控股股东中国铁道建筑集团完成A股增持计划，累计增持1358万股（占总股本0.1%），金额1.06亿元。
2024-09-03CRCC disclosed that its total borrowings increased by 122.452 billion yuan in H1 2024, accounting for 29.36% of net assets at end-2023, mainly from bank loans.中国铁建披露2024年上半年累计新增借款1224.52亿元，占2023年末净资产的29.36%，主要为银行贷款。
2024-09-25CRCC announced it would provide a 3.5 billion yuan guarantee for its overseas subsidiary CRCC Huayuan Co., Ltd. for the issuance of RMB-denominated guaranteed notes.中国铁建公告，为境外子公司铁建华源有限公司发行35亿元人民币有担保票据提供担保。
2024-12-27CRCC's board of directors approved the renewal of the Financial Services Agreement and proposed 2025-2027 continuing connected transaction caps.中国铁建董事会审议通过《关于续签<金融服务协议>和拟定2025-2027年度持续关联（连）交易上限的议案》。
2025-01-07CRCC's board of directors approved the 2025 budget report and the 2025 comprehensive credit facility proposal for the headquarters.中国铁建董事会审议通过《关于公司2025年度预算报告的议案》和《关于公司总部2025年度金融机构综合授信的议案》。
2025-01-07CRCC's supervisory board approved the 2025 budget report and the 2025 major risk assessment report.中国铁建监事会审议通过《关于公司2025年度预算报告的议案》和《关于公司2025年度重大风险评估报告的议案》。
2025-01-23CRCC's first rural revitalization ABS, the 4th supply chain asset-backed special plan of CRCC Asset Management, was established on the Shanghai Stock Exchange with a total size of 2 billion yuan, with over 70% of funds for rural revitalization.中国铁建首单乡村振兴ABS——中铁建资管第4期供应链资产支持专项计划在上交所设立，总规模20亿元，70%以上资金用于乡村振兴。
2025-02-17CRCC's controlling shareholder initiated an A-share share buyback plan, cumulatively increasing holdings by 13.58 million shares since October 2023 to stabilize the stock price.中国铁建控股股东自2023年10月启动A股增持计划，累计增持1358万股，以稳定股价。
2025-02-17CRCC stated it is actively implementing government debt resolution work, establishing a 'daily tracking, weekly statistics' dynamic control mechanism to include as many receivables from local governments as possible into the debt resolution scope, effectively alleviating corporate capital pressure.中国铁建积极落实政府化债工作，建立“日跟踪、周统计”动态管控机制，最大范围将应收地方政府债权纳入化债范围，有效缓解企业资金压力。
2025-03-28CRCC board approved 2025 guarantee plan: the company to provide up to 23.605 billion yuan in guarantees for subsidiaries, and subsidiaries to provide up to 107.145 billion yuan for their sub-subsidiaries.中国铁建董事会批准2025年度担保计划：公司为控股子公司提供担保额度236.05亿元，控股子公司为其下属子公司提供担保额度1071.45亿元。
2025-05-15CRCC disclosed that its subsidiary China Railway Construction International Investment Co., Ltd. signed a counter-guarantee agreement with Shandong Gold Mining Co., Ltd., providing a counter-guarantee of up to USD 3 million (15% shareholding) for the Ghana Nmandini gold mine project financing.中国铁建披露，下属中铁建国际投资有限公司与山东黄金矿业股份有限公司签署反担保协议，为加纳纳米迪尼金矿项目融资提供不超过300万美元（15%持股比例）的反担保。
2025-06-10CRCC established its Overseas Audit Center in Beijing to enhance overseas compliance and risk management through penetrating audits.中国铁建在京成立境外审计中心，通过穿透式审计加强境外合规与风险管理。
2025-08-14CRCC stated it has formulated 'Market Value Management System' and 'Valuation Enhancement Plan', established a market value management leadership group with the Chairman as leader and President as deputy leader.中国铁建表示已制定《市值管理制度》和《估值提升计划》，成立市值管理领导小组，董事长任组长、总裁任副组长。
2025-08-14CRCC stated it strictly prohibits advance-funded overseas projects, implements pre-bid review system requiring sufficient advance payment ratio and full-cycle cash flow assessment.中国铁建表示严禁在境外承揽垫资项目，实行标前评审制度，预付款比例和全周期资金收支测算是重要考量指标。
2025-10-15CRCC stated on its interactive platform that it is actively studying share buyback and increase measures, and will announce progress promptly.中国铁建在互动平台表示，公司积极研究回购增持等相关措施，如有进展将第一时间发布公告。
2025-12-25CRCC issued its first highway institutional REITs (Xiushu Expressway) on the Shanghai Stock Exchange, raising 810 million yuan, marking a new channel for asset monetization.中国铁建在上交所发行首单高速公路机构间REITs（秀松高速），募集规模8.10亿元，开辟资产盘活新渠道。
2025-12-29CRCC issued four holding-type real estate ABS (Xiushu Expressway, Hengqin Tiejiant Building, Jiyang Yellow River Bridge, Deshang Expressway) on the Shanghai Stock Exchange, totaling 4.533 billion yuan.中国铁建在上交所连续发行四单持有型不动产ABS（秀松高速、横琴铁建大厦、济阳黄河大桥、德商高速），总规模45.33亿元。
2026-01-21Board approved 2026 business plan, production plan, investment plan, and annual budget; agreed to continue credit lines with 26 financial institutions; authorized chairman to approve new comprehensive credit lines up to 30 billion yuan domestic and 3 billion USD foreign; approved two venture capital funds of 200 million yuan and 800 million yuan initiated by China Railway Construction Investment Fund Management Co.董事会审议通过2026年经营计划、生产计划、投资方案、年度预算；同意与26家金融机构继续授信；授权董事长新增审批不超过300亿元内资、不超过30亿美元外资综合授信；同意中铁建投资基金管理有限公司发起2亿元、8亿元两支创投基金。
2026-03-30CRCC board approved a guarantee of up to USD 52.0456 million for its 15%-owned associate company Cardino Namib Mining Co., Ltd. via Hong Kong subsidiary CRCC International Investment Group.中国铁建董事会批准通过香港全资子公司为参股公司卡蒂诺纳米迪尼矿业有限公司提供不超过5204.56万美元的担保。
2026-03-30CRCC board approved a plan to provide up to CNY 1.35 billion in financial assistance to real estate project companies in 2026.中国铁建董事会批准2026年度新增向参股房地产开发项目公司提供财务资助额度13.5亿元。
2026-04-19CRCC plans to hold 2025 annual shareholders' meeting to consider proposals including 2026 guarantee plan (total ~24.86 billion yuan) and new financial assistance of 1.35 billion yuan.中国铁建计划召开2025年年度股东会，审议2026年度担保额度计划（约248.60亿元）及新增财务资助13.5亿元等议案。
Investor Q&A & clarifications投资者问答与澄清
2 · 2024-02-29 → 2025-02-11
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Responses to investor inquiries regarding project status, business operations, and undisclosed matters.就项目进展、业务运营及未披露事项回应投资者问询。
2024-02-29CRCC stated in an investor Q&A that the Nicaragua Canal project feasibility study was completed but the project owner did not proceed further.中国铁建在投资者互动平台表示，尼加拉瓜运河项目已完成可行性研究，但项目业主未继续推进。
2025-02-11CRCC stated it has no undisclosed material issues and confirmed it has no business operations in Syria.中国铁建表示不存在应批未批事项，并确认在叙利亚没有开展业务。
Major Domestic Project Wins (Urban & Energy)国内重大项目中标（城市与能源）
4 · 2024-03-10 → 2025-12-30
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Winning bids for urban renewal, offshore wind, mining, and other large-scale domestic projects.中标城市更新、海上风电、采矿及其他大型国内项目。
2024-03-10China Railway Construction Bureau (CRCC) won the bid for the Huaneng Lianjiang Offshore Wind Power Project (Section 2) in Fujian, the largest single-unit capacity offshore wind project in China, using 18 MW turbines, marking CRCC's entry into the large-capacity offshore wind era.中国铁建港航局中标福建华润连江外海海上风电项目（二标段），该项目为国内单机容量最大海上风电项目，采用18兆瓦风机，标志着中国铁建海上风电产业进军大兆瓦时代。
2025-12-24CRCC consortium (led by China Railway 17th Bureau, with 22nd, 25th Bureaus, etc.) won the Longgang Wuhe community urban renewal project with a bid of 8.024 billion yuan, planning a 900,000 sqm commercial-residential complex with total investment of 17.478 billion yuan.中国铁建联合体（中铁十七局牵头，中铁二十二局、二十五局等参与）以80.24亿元中标龙岗五和社区城市更新项目，规划90万平方米商住综合体，总投资约174.78亿元。
2025-12-25CRCC subsidiary consortium (led by China Railway 19th Bureau) ranked first as bidder for the Lhasa Linzhou Jialapu iron mine project, with a bid of approximately 5.859 billion yuan, covering mining, processing, and infrastructure.中国铁建旗下联合体（中铁十九局牵头）位列拉萨林周甲拉浦铁矿项目第一中标候选人，报价约58.59亿元，涵盖采矿、加工及基础设施。
2025-12-30CRCC disclosed that its subsidiary won the bid for the Wuhan Aerospace Base eastern core area comprehensive development project in 2023, marking its first investment in a commercial aerospace base.中国铁建披露，其子公司2023年中标武汉航天基地东部产业核心区综合开发项目，首次参与商业航天基地投资建设。
Strategic cooperation & high-level meetings战略合作与高层会晤
2 · 2024-03-25 → 2024-11-25
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Meetings between CRCC leadership and government or enterprise partners to discuss infrastructure cooperation.中国铁建高层与政府或企业伙伴会晤，探讨基础设施合作。
2024-03-25CRCC Chairman Dai Hegen met with Macau SAR Chief Executive Ho Iat Seng to discuss infrastructure cooperation, with CRCC committing to support Macau and Hengqin Guangdong-Macao In-Depth Cooperation Zone development.中国铁建董事长戴和根会见澳门特区行政长官贺一诚，讨论基础设施建设合作，中国铁建承诺助力澳门及横琴粤澳深度合作区建设。
2024-11-25CRCC chairman Dai Hegen meets Guangdong Railway Investment Group chairman Wang Hongjun to deepen cooperation on provincial railway construction in Guangdong.中国铁建董事长戴和根与广东铁投集团董事长王红军会谈，深化广东省域铁路建设合作。
Real Estate Development & Land Acquisition房地产开发与土地收购
8 · 2024-03-28 → 2025-04-18
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Land acquisitions, project launches, and sales performance of CRCC's real estate segment, including joint ventures with Vanke and Xiamen C&D.中国铁建房地产板块的土地收购、项目启动和销售业绩，包括与万科和厦门建发的合资项目。
2024-03-28CRCC 2023 annual report shows real estate segment sales reached RMB 121.395 billion, ranking 15th nationally; profit from real estate was RMB 3.02 billion, down 18% YoY; gross margin 12.21%, down 1.79 ppt.中国铁建2023年年报显示房地产业务销售金额1213.95亿元，全国排名第15位；房地产业务利润30.2亿元，同比下降18%；毛利率12.21%，同比下降1.79个百分点。
2024-04-18CRCC and Shanghai Vanke jointly launched the third phase of 'Langshi Huayu' residential project in Meilong, Minhang, Shanghai, offering 208 units at an average price of RMB 76,888/sqm.中国铁建与上海万科合作开发的上海闵行梅陇'朗拾花语'三期项目启动认购，共208套，备案均价76888元/平方米。
2024-04-22CRCC's Q1 2024 real estate contracted sales area was 1.0727 million sqm, down 18.3% YoY; sales amount was RMB 13.4581 billion, down 32.17% YoY.中国铁建2024年一季度房地产业务签约销售面积107.27万平方米，同比减少18.3%；签约销售金额134.581亿元，同比减少32.17%。
2024-05-27China Railway Construction's Beicai project in Shanghai Pudong is expected to launch in Sep-Oct 2024, with a linked price of RMB 92,000/sqm; plans include 16 residential buildings (10-16 floors) with a total floor area of 136,800 sqm.上海浦东北蔡中国铁建国贸项目预计2024年9-10月入市，联动价9.2万元/平方米，拟建16幢10-16层住宅，总建筑面积13.68万平方米。
2024-06-03CRCC and Xiamen C&D joint venture won a Shanghai Pudong land plot (Beicai wedge-shaped green space C11-01/05) for RMB 920 million, with a linkage price of RMB 92,000/sqm; the project plans 16 residential buildings (10-16 floors) and 100% fully decorated units.中国铁建与厦门国贸联合体以9.2万元/㎡联动价竞得上海浦东新区北蔡楔形绿地C11-01、C11-05地块，项目拟建16幢10-16层高层住宅，100%全装修。
2024-08-23CRCC subsidiary China Railway Construction Real Estate and Wenzhou Puxie City Investment won a land parcel in Wenzhou's Yangshuang area for RMB 877 million (floor price RMB 7,909/sqm), with a total floor area of 110,900 sqm.中国铁建旗下中铁建设集团置业与温州市蒲鞋市城投以底价8.77亿元竞得温州仰双片区地块，楼面价7909元/㎡，建筑面积11.09万㎡。
2025-01-23CRCC's 2024 full-year property contract sales amounted to 95.145 billion yuan, down 21.6% year-on-year; new land reserve was 849,700 sqm, down 57.50% year-on-year.中国铁建2024年全年房地产签约金额951.45亿元，同比下降21.6%；新增土地储备84.97万平方米，同比下降57.50%。
2025-04-18CRCC 2024 annual report shows real estate development revenue of 71.89 billion yuan, down 13.7% YoY; gross margin 10.92%, down 1.29 pct; profit from real estate 1.264 billion yuan, down 58.18% YoY.中国铁建2024年年报显示房地产开发业务营收718.9亿元，同比减少13.7%；毛利率10.92%，减少1.29个百分点；利润总额12.64亿元，同比减少58.18%。
Environmental approvals for infrastructure projects基础设施项目环评批复
6 · 2024-03-28 → 2026-04-22
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Environmental impact assessment approvals for various CRCC-invested road, rail, and port projects.中国铁建参股或控股的多个道路、铁路、港口项目获得环评批复。
2024-03-28CRCC indirectly invested company Nanping New City Port Area Development Co., Ltd. obtained environmental impact assessment approval for Zhuxi Road Phase 5 Port Section Road project, total investment RMB 65.3066 million.中国铁建间接参股公司南平新城港区开发有限公司朱熹路五期港区段道路工程环评获原则同意，总投资额6530.66万元。
2024-04-30CRCC's indirectly-invested company Jinan Rail Transit Group's airport rail project (phase II expansion of Jinan Yaoqiang Airport) received environmental approval, with total investment of RMB 2.927 billion.中国铁建间接参股公司济南轨道交通集团建设投资有限公司的济南遥墙国际机场二期改扩建工程轨道交通预留工程环评获批，总投资额29.27亿元。
2024-05-20China Railway Construction's indirect subsidiary Anhui Hehan Expressway receives environmental approval for the G4222 He County to Hanshan Expressway section, with a total investment of RMB 5.85 billion.中国铁建间接控股子公司安徽和含高速公路有限公司G4222和县至含山段环评获批，总投资58.5亿元。
2024-05-28China Railway Construction's indirectly参股 company Jinan Rail Transit Group receives environmental approval for the Fenghuang Yellow River Bridge South Extension project, with a total investment of RMB 17 billion.中国铁建间接参股公司济南轨道交通集团凤凰黄河大桥南延工程环评获批，总投资170亿元。
2024-12-11CRCC's controlled subsidiary China Railway 25th Bureau's small prefabricated component plant project received environmental impact assessment approval; total investment 8 million yuan.中国铁建控股子公司中铁二十五局集团有限公司小型预制构件厂项目环评审批获同意，总投资额800万元。
2026-04-22CRCC's indirect subsidiary Hunan Tiejian Kunlun Changzhugui New Expressway Co., Ltd. obtained environmental impact assessment approval for the Chenzhou-Guiyang section of the Guidong-Xintian expressway, with total investment of 10.284 billion yuan.中国铁建间接控股子公司湖南铁建昆仑长株桂新高速公路有限公司的桂东至新田高速郴州至桂阳段环评获批，项目总投资102.84亿元。
Overseas Engagement & Cooperation (Africa & Middle East)海外接洽与合作（非洲与中东）
9 · 2024-03-31 → 2026-06-17
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High-level meetings and cooperation agreements with government and business leaders in Nigeria, Vietnam, Central African Republic, UAE, and Russia.与尼日利亚、越南、中非共和国、阿联酋和俄罗斯的政府和商界领袖举行高层会议并签署合作协议。
2024-03-31CRCC President Wang Lixin met with Vietnam Minister of Planning and Investment Nguyen Chi Dung in Shanghai to discuss further railway cooperation.中国铁建总裁王立新在上海与越南计划投资部部长阮志勇举行会谈，就进一步加强铁路领域合作进行交流。
2024-04-01China Railway Construction Corporation (CRCC) President Wang Lixin met with Vietnam's Minister of Planning and Investment Nguyen Chi Dung in Shanghai to discuss deepening railway cooperation.中国铁建总裁王立新在上海与越南计划投资部部长阮志勇会谈，就深化铁路领域合作进行交流。
2024-05-22Chairman Dai Hegen meets Nigeria's Minister of Transportation Said Alkali to discuss deepening cooperation on major transportation projects in Nigeria.董事长戴和根与尼日利亚交通部长赛义杜·阿尔卡利会谈，深化尼日利亚交通建设领域合作。
2024-09-03China Railway Construction Corporation (CRCC) Chairman Dai Hegen met with Nigerian President Tinubu in Beijing, and they jointly witnessed the signing of project cooperation agreements.中国铁建董事长戴和根在北京与尼日利亚总统提努布会谈，并共同见证签署有关项目合作协议。
2024-10-11CRCC Chairman Dai Hegen met with Vietnamese Deputy Prime Minister Tran Hong Ha in Hanoi to discuss further cooperation in infrastructure construction.中国铁建董事长戴和根在河内与越南副总理陈红河会谈，讨论加强基础设施领域合作。
2024-10-25CRCC Chairman Dai Hegen met with a Vietnamese delegation led by Truong Son Construction Corporation, Vietnam Railways Corporation, and Vietnam Building and Import-Export Corporation to discuss deepening cooperation and advancing key projects.中国铁建董事长戴和根与越南长山建设总公司、越南铁路总公司、越南建筑进出口股份总公司代表团会谈，讨论深化合作及重点项目推进。
2026-05-13CRCC Chairman Dai Hegen met Russian Deputy Prime Minister Marat Khusnullin in Moscow to discuss deepening infrastructure cooperation.中国铁建董事长戴和根在莫斯科与俄罗斯副总理马拉特·胡斯努林会谈，讨论深化基础设施合作。
2026-05-20CRCC Chairman Dai Hegen met Saudi Aviation Group President Ibrahim Al-Omar in Jeddah; discussed expanding cooperation in airport infrastructure, green energy (solar, wind, storage), and smart grid.中国铁建董事长戴和根在沙特吉达与沙特航空集团总裁易卜拉欣·阿洛马尔会谈，讨论在机场基建、绿色能源（光伏、风电、储能）和智能电网等领域扩大合作。
2026-06-17CRCC Chairman Dai Hegen met with Myanmar President Min Aung Hlaing; both sides discussed deepening practical cooperation in infrastructure and other fields.中国铁建董事长戴和根与缅甸总统敏昂莱会谈，双方就深化基础设施等领域务实合作进行交流。
Strategic Partnerships (Corporate & Financial)战略合作伙伴关系（企业与金融）
19 · 2024-04-18 → 2026-05-20
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Forming strategic partnerships with major corporations and financial institutions for technology, supply chain, and business development.与主要企业和金融机构建立战略合作伙伴关系，以促进技术、供应链和业务发展。
2024-04-18CRCC Chairman Dai Hegen and President Wang Lixin met with Chinalco Group Chairman Duan Xiangdong to discuss cooperation in mining development, high-end equipment manufacturing, and logistics.中国铁建董事长戴和根、总裁王立新与中铝集团董事长段向东会谈，商讨在矿山开发、高端装备制造、物流运输等领域合作。
2024-06-07CRCC President Wang Lixin met with Guosen Securities Vice President Wu Guofang to discuss deepening strategic cooperation in financial services and industry-finance integration.中国铁建总裁王立新与国信证券副总裁吴国舫会谈，双方就深化金融服务与产融协同战略合作进行交流。
2024-07-11Met with Glodon (广联达) chairman Yuan Zhenggang to discuss digital transformation and refined project management.与广联达董事长袁正刚会谈，讨论数字化转型和项目精细化管理。
2024-08-02China Railway Construction Corporation (CRCC) Chairman Dai Hegen met with Sinochem Holdings Chairman Li Fanrong in Beijing, agreeing to deepen cooperation in industrial synergy, technological innovation, and other areas.中国铁建董事长戴和根在京与中国中化董事长李凡荣会谈，双方同意在产业协同、科技创新等领域深化合作。
2024-08-07CRCC Chairman Dai Hegen met with China Three Gorges Corporation Chairman Liu Weiping in Wuhan, agreeing to deepen cooperation in water conservancy, hydropower, clean energy, ecological protection, and international business.中国铁建董事长戴和根在武汉与三峡集团董事长刘伟平会谈，同意在水利水电、清洁能源、生态环保、国际业务等领域深化合作。
2024-08-19CRCC Chairman Dai Hegen met with iFlytek Chairman Liu Qingfeng, agreeing to strengthen cooperation in digitalization and artificial intelligence, including office automation, AI, and smart parks.中国铁建董事长戴和根与科大讯飞董事长刘庆峰会谈，同意在数字化、人工智能（办公自动化、AI、智慧园区）等领域加强合作。
2024-08-29CRCC Chairman Dai Hegen met with University of Science and Technology Beijing (USTB) President Yang Renshu, agreeing to strengthen industry-university-research cooperation in technological innovation, talent cultivation, and new materials.中国铁建董事长戴和根与北京科技大学校长杨仁树会谈，同意在科技创新、人才培养、新材料等领域加强产学研合作。
2024-09-10CRCC signed a strategic cooperation agreement with COSCO Shipping to deepen cooperation in infrastructure construction and overseas business.中国铁建与中远海运签署战略合作协议，深化基础设施建设及海外业务合作。
2024-09-11CRCC Chairman Dai Hegen met with Conch Group Chairman Yang Jun to discuss deepening cooperation in infrastructure, overseas business, and emerging industries.中国铁建董事长戴和根与海螺集团董事长杨军会谈，讨论深化基建、海外业务及战新产业合作。
2024-11-19CRCC signs strategic cooperation agreement with Agricultural Bank of China (ABC) to deepen collaboration in infrastructure, emerging industries, and supply chain finance.中国铁建与中国农业银行签署战略合作协议，深化基础设施建设、新兴产业、供应链金融等领域合作。
2024-11-26CRCC chairman Dai Hegen meets Rio Tinto chairman Simon Thompson at China International Supply Chain Expo; CRCC Heavy Industry discusses mining equipment with Rio Tinto China president.中国铁建董事长戴和根在链博会与力拓集团董事长鲍达民会谈，铁建重工与力拓中国区总裁交流矿山装备。
2025-02-12CRCC Real Estate Group and Huawei Technologies Co., Ltd. deepened cooperation in smart construction, new infrastructure, and domestic substitution. Huawei assisted CRCC Real Estate in completing the 'Smart Space Strategy and Solution', using Huawei Cloud IoT, application integration, and big data platforms, and providing Kunpeng+Shengteng chip-based domestic equipment.中国铁建房地产集团与华为技术有限公司在创新业务智慧化建设、新型基础设施建设、行业国产化等方面深化合作；华为协助完成智慧空间战略及解决方案，提供基于鲲鹏+昇腾芯片的国产化设备。
2025-06-24CRCC signed a cooperation agreement with Lingang New Area Management Committee; CRCC Research Institute will collaborate on sci-tech innovation and infrastructure development.中国铁建与临港新片区管委会签署合作协议，科研总院将参与科技创新与基础设施开发建设合作。
2025-08-27CRCC Chairman Dai Hegen met with China Datang Chairman Lyu Jun; both sides agreed to deepen cooperation in new equipment, new materials, new energy, energy infrastructure, mining, and overseas business.中国铁建董事长戴和根与中国大唐董事长吕军会谈，双方同意深化在新装备、新材料、新能源、能源基础设施、矿山开发及海外业务等领域的合作。
2025-09-04CRCC Chairman Dai Hegen met with SPIC Chairman Liu Mingsheng; both agreed to deepen strategic cooperation in energy infrastructure, new equipment, new materials, new energy, smart mining, and overseas markets.中国铁建董事长戴和根与国家电投董事长刘明胜会谈，深化能源基础设施、新装备、新材料、新能源、智慧矿山、海外市场等战略合作。
2025-10-21CRCC Chairman Dai Hegen met with China Coal Energy Group (China Coal) Chairman Wang Shudong in Beijing; both sides agreed to deepen cooperation in coal development, infrastructure, high-end equipment, new materials, digital transformation, and overseas markets.中国铁建董事长戴和根在京与中国中煤董事长王树东会谈，双方就深化煤炭开发、基础设施、高端装备、新材料、数字化转型及海外市场等领域合作达成共识。
2025-10-29CRCC Chairman Dai Hegen met with China Huadian Corporation (China Huadian) Chairman Jiang Yi in Beijing; both sides agreed to deepen cooperation in engineering construction, technological innovation, emerging industries, new energy systems, and overseas market expansion.中国铁建董事长戴和根在京与中国华电董事长江毅会谈，双方就深化工程建设、科技创新、战新产业、新型能源系统及海外市场拓展等领域合作达成共识。
2026-04-07CRCC Chairman Dai Hegen met with China Taiping Insurance Chairman Yin Zhaojun to deepen strategic cooperation in infrastructure, insurance, asset revitalization, strategic emerging investment, bond investment, and enterprise annuity.中国铁建董事长戴和根与中国太平董事长尹兆君会谈，深化基础设施、保险、资产盘活、战新投资、债券投资、企业年金等领域战略合作。
2026-05-20CRCC Vice President Li Xinglong met Shenzhen Capital Group (SCGC) President Liu Suhua in Shenzhen; discussed strategic emerging industry investment cooperation, including new energy, new materials, new infrastructure.中国铁建副总裁李兴龙与深圳市创新投资集团总裁刘苏华在深圳会谈，讨论战新产业投资合作，涵盖新能源、新材料、新基建等领域。
Technology & innovation技术与创新
2 · 2024-05-10 → 2025-11-24
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Development of new construction equipment and digital platforms.新型施工设备及数字化平台的开发。
2024-05-10China Railway Construction displays the first domestic shield cutterhead welding robot, developed by China Railway 14th Bureau, improving efficiency by 50% and reducing labor by 40%.中国铁建展示国内首台盾构机刀盘焊接机器人（中铁十四局研发），提高工效50%，减少人力40%。
2025-11-24CRCC's equipment leasing platform 'Tie Jian Yun Zu' surpassed 500 billion yuan in cumulative leasing transaction volume since its pilot launch in March 2023, with over 120,000 users, 60,000 suppliers, and 250,000 pieces of equipment, saving over 1.6 billion yuan for the group.中国铁建设备租赁平台“铁建云租”自2023年3月试点上线以来，累计租赁撮合交易额突破500亿元，拓展用户超12万、供应商超6万、设备超25万，为全系统节资超16亿元。
TAZARA Railway Revitalization坦赞铁路激活
3 · 2024-05-11 → 2026-03-19
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Participation in the activation project of the Tanzania-Zambia Railway to boost freight capacity and reduce transport time.参与坦赞铁路激活项目，以提高货运能力并缩短运输时间。
2024-05-11Chairman Dai Hegen meets Tanzanian President Samia Suluhu Hassan and Zanzibar President Hussein Ali Mwinyi; pledges to participate in the revitalization of the TAZARA railway and other major projects.董事长戴和根会见坦桑尼亚总统萨米娅·苏卢胡·哈桑和桑给巴尔总统侯赛因·阿里·姆维尼，承诺参与坦赞铁路振兴等重大项目。
2025-12-18The Tanzania-Zambia Railway (TAZARA) activation project held a groundbreaking ceremony; CRCC is a key participant. The project aims to boost freight capacity from 200,000 tons to 2.4 million tons per year and cut transport time by two-thirds.坦赞铁路激活项目举行开工仪式，中国铁建为重要参与方。项目旨在将年货运能力从20万吨提升至240万吨，运输时间缩短三分之二。
2026-03-19CRCC Chairman Dai Hegen emphasized the 'overseas priority' strategy, highlighting progress on the Tanzania-Zambia Railway (TAZARA) activation project and setting goals for the 15th Five-Year Plan.中国铁建党委书记、董事长戴和根强调坚定‘海外优先’战略，坦赞铁路激活项目取得重大进展，并部署‘十五五’海外发展目标。
New Energy & Green Development新能源与绿色发展
11 · 2024-05-20 → 2026-05-21
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Entry into offshore wind power, establishment of new energy subsidiaries for solar and storage, and desertification control projects integrating photovoltaic power.进入海上风电领域，成立太阳能和储能新能源子公司，以及结合光伏的治沙项目。
2024-05-20China Railway Construction launches the Minfeng and Yutian sand-fixing projects in Xinjiang's Taklamakan Desert, part of a strategic cooperation framework with the National Forestry and Grassland Administration, involving 105,000 mu of engineering sand fixation, 130,000 mu of biological sand control, and 1.5 GW of photovoltaic sand control.中国铁建在新疆塔克拉玛干沙漠启动民丰、于田固沙锁边项目，包括10.5万亩工程固沙、13万亩生物治沙及1.5吉瓦光伏治沙，落实与国家林草局战略合作框架协议。
2024-10-16CRCC subsidiary China Railway Construction Development Group Co., Ltd. established Zhongtiejian Fazhan Group (Anning) Green Energy Development Co., Ltd. with registered capital of RMB 100 million, focusing on solar power and energy storage.中国铁建子公司中铁建发展集团成立中铁建发展集团（安宁）绿色能源开发有限公司，注册资本1亿元，从事太阳能发电及储能技术服务。
2024-12-05CRCC indirectly wholly-owned subsidiary CRCC Development Group Minfeng New Energy Desertification Control Co., Ltd. was established in Xinjiang with registered capital of 9.5 million yuan, covering afforestation and eco-restoration.中国铁建间接全资持股的中铁建发展集团民丰新能源治沙有限公司在新疆成立，注册资本950万元，经营范围包括人工造林、生态恢复等。
2025-05-08CRCC, through its subsidiary China Railway Construction Development Group, jointly established Tiekang Development Bi'ao (Taikang County) New Energy Development Co., Ltd. with Bi'ao New Energy Technology Co., Ltd., registered capital 50 million yuan, covering biomass gas production and gas operations.中国铁建通过旗下中铁建发展集团与必奥新能源科技有限公司共同出资设立铁建发展必奥（太康县）新能源开发有限公司，注册资本5000万元，涵盖生物质燃气生产及燃气经营。
2025-06-30CRCC established a wholly-owned subsidiary, CRCC Development Group Lvze (Changsha) New Energy Development Co., Ltd., with registered capital of RMB 5 million, focusing on solar power and energy services.中国铁建成立全资子公司中铁建发展集团绿泽（长沙）新能源开发有限公司，注册资本500万元，主营太阳能发电及能源服务。
2025-07-02CRCC indirectly wholly-owned subsidiary established 'CRCC Development Group Lvze (Changsha) New Energy Development Co., Ltd.' with registered capital of 5 million yuan, covering solar, wind power, and energy storage technology services.中国铁建间接全资持股成立‘中铁建发展集团绿泽（长沙）新能源开发有限公司’，注册资本500万元，业务涵盖太阳能、风力发电及储能技术服务。
2025-07-21CRCC, through its subsidiary CRCC Development Group, jointly established 'CRCC Development Group Guangzhou Water Co., Ltd.' with Shanghai Construction Group's subsidiary, with registered capital of 50 million yuan, focusing on wastewater treatment and solar power services.中国铁建旗下中铁建发展集团与上海建工旗下公司共同成立‘中铁建发展集团广州水务有限公司’，注册资本5000万元，主营污水处理及太阳能发电技术服务。
2025-12-12CRCC, through its subsidiary China Railway Construction Investment Group, co-founded Heyuan (Xuchang) Biomass Energy Co., Ltd. with a registered capital of 50 million yuan, covering biomass gas, fertilizers, and fuel processing.中国铁建通过旗下中国铁建投资集团等共同持股设立禾源（许昌）生物质能源有限公司，注册资本5000万元，涉及生物质燃气、肥料及燃料加工。
2025-12-19CRCC's Hebei Kangbao 500 MW photovoltaic station achieved 300 days of safe operation, becoming CRCC's first integrated wind-solar-storage O&M project, supplying 1.02 billion kWh of clean energy annually.中国铁建河北康保500兆瓦光伏电站实现安全运维300天，成为其首个风光储一体化运维项目，年输送清洁能源10.2亿度。
2026-04-20Heyuan Yunda (Handan) Biomass Energy Co., Ltd. was established with registered capital of 100 million yuan, jointly held by CRCC's investment subsidiary and Yunda Co., Ltd., focusing on biomass fuel and technology.禾源运达（邯郸）生物质能源有限公司成立，注册资本1亿元，由中国铁建投资集团与运达股份等共同持股，主营生物质燃料及技术服务。
2026-05-21CRCC indirectly wholly-owned subsidiary 'CRCC Chongqing Investment New Zhi Green Energy Co., Ltd.' established with registered capital of 20 million yuan, covering EV charging infrastructure and fast charging stations.中国铁建间接全资持股的“中铁建重庆投资集团新智绿能有限公司”成立，注册资本2000万元，经营范围含电动汽车充电基础设施运营和集中式快速充电站。
Credit Ratings & Regulatory Recognition信用评级与监管认可
8 · 2024-05-28 → 2026-06-23
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Affirmation of AAA credit ratings, A-grade information disclosure evaluations, and ESG ratings from various agencies.获得AAA信用评级确认、A级信息披露评价以及来自各机构的ESG评级。
2024-05-28China Chengxin International Credit Rating affirms China Railway Construction's 2023 issuer rating at 'AAA/stable'.中诚信国际维持中国铁建2023年主体信用评级为AAA/稳定。
2024-09-26CRCC received an A-grade rating in the Shanghai Stock Exchange's information disclosure evaluation for the 11th consecutive year.中国铁建连续第11年获上海证券交易所信息披露工作评价最高评级A级。
2024-10-30China Chengxin International Credit Rating Co., Ltd. assigned an AAA rating to CRCC's fourth tranche of 2024 technology innovation perpetual corporate bonds (Tranche 2).中诚信国际评定中国铁建2024年面向专业投资者公开发行科技创新可续期公司债券（第四期）（品种二）信用等级为AAA。
2024-11-07China Chengxin International assigns AAA rating to CRCC's 2024 fifth tranche of sci-tech innovation perpetual corporate bonds (variety 3) for professional investors.中诚信国际给予中国铁建2024年第五期科技创新可续期公司债券（品种三）AAA评级。
2024-11-26China Chengxin International assigns AAA rating to CRCC's 2024 sixth tranche sci-tech innovation perpetual corporate bond (variety 3, issuance failed).中诚信国际给予中国铁建2024年第六期科技创新可续期公司债券（品种三，发行失败）AAA评级。
2025-04-18China Chengxin International Credit Rating assigned 'AAA' rating to CRCC's 2025 publicly issued innovative sustainable corporate bonds (first tranche, variety two) for professional investors.中诚信国际给予中国铁建2025年面向专业投资者公开发行科技创新可续期公司债券(第一期)(品种二)‘AAA’评级。
2025-11-02China Railway Construction (CRCC) received the highest A-level rating in the 2024-2025 information disclosure evaluation by the Shanghai Stock Exchange, marking the 12th consecutive year it has achieved this honor since 2013.中国铁建在上海证券交易所2024-2025年度信息披露工作评价中获评最高级（A级），自2013年以来连续12年获此殊荣。
2026-06-23CRCC received an AA rating in the latest ESG assessment by CSI Index, ranking first among 8 companies in the infrastructure and municipal engineering industry (A-share market).中国铁建获得中证指数最新ESG评级AA级，在A股基建市政工程行业8家公司中排名第一。
Corporate Bond & Debt Issuance公司债券与债务发行
25 · 2024-06-03 → 2026-06-24
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Issuance of various corporate bonds, perpetual bonds, green bonds, and medium-term notes for working capital and strategic investments.发行各类公司债券、永续债、绿色债券和中期票据，用于补充营运资金和战略投资。
2024-06-03China Railway Construction Corporation (CRCC) issued up to RMB 30 billion in corporate bonds, with the first tranche of up to RMB 3 billion in three tranches (3/5/10-year) for working capital replenishment; the 10-year tranche (Tiejian YK11) has a coupon rate of 2.70%.中国铁建发行不超过300亿元公司债券，本期规模不超过30亿元，分为3年、5年、10年三个品种用于补充流动资金；10年期品种（铁建YK11）票面利率为2.70%。
2024-07-10Announced interest payment on perpetual corporate bonds '22 Tie Jian Y3' (2.98%) and '22 Tie Jian Y4' (3.37%), each RMB 1.5 billion, payable 18 July 2024.公告‘22铁建Y3’（票面利率2.98%）和‘22铁建Y4’（票面利率3.37%）各15亿元永续债付息，付息日为2024年7月18日。
2024-07-25Approved to publicly issue up to RMB 30 billion in corporate bonds; first tranche of up to RMB 3 billion (20-year and 30-year tranches) with coupon rates 2.49% and 2.57% respectively.获准公开发行不超过300亿元公司债券；首期发行不超过30亿元（20年期和30年期），票面利率分别为2.49%和2.57%。
2024-08-23CRCC cancelled its planned issuance of RMB 2 billion medium-term notes (10-year and 30-year tranches) due to recent market volatility and interest rate conditions, and will re-issue at an appropriate time.中国铁建取消原计划发行的20亿元中期票据（10年期和30年期各10亿元），因近期市场波动较大，将在适当时机重新发行。
2024-09-13CRCC successfully issued a 3.5 billion yuan 3-year offshore RMB sustainable development bond with a coupon rate of 2.6%, the first such bond by a construction central enterprise and the lowest coupon for non-financial corporate dim sum bonds of the same tenor.中国铁建成功发行35亿元3年期离岸人民币可持续发展债券，票面利率2.6%，为建筑央企首单境外可持续发展债券，创同期限非金融企业点心债最低票息。
2024-09-26CRCC priced the third tranche of its 2024 sci-tech innovation perpetual bonds at a coupon rate of 2.27% for the first cycle, with an issuance size of up to 3 billion yuan.中国铁建定价2024年第三期科技创新可续期公司债券，品种一首个周期票面利率2.27%，发行规模不超过30亿元。
2024-10-14CRCC's perpetual bond '19 Tie Jian Y2' (bond code 155869) will be delisted on October 29, 2024, with final interest and principal payment at a coupon rate of 4.30%.中国铁建可续期公司债券“19铁建Y2”（债券代码155869）将于2024年10月29日摘牌，兑付最后一期利息及本金，票面利率4.30%。
2024-10-14CRCC Investment Group issued the first tranche of 2024 corporate bonds to professional investors, with a scale of up to RMB 2 billion, rated AAA, for production expenditures.中国铁建投资集团发行2024年面向专业投资者公司债券（第一期），规模不超过20亿元，评级AAA，用于生产性支出。
2024-10-24CRCC issued the fourth tranche of 2024 technology innovation perpetual corporate bonds to professional investors, with a scale of up to RMB 3 billion, approved by CSRC (license [2023] 2598).中国铁建发行2024年面向专业投资者科技创新可续期公司债券（第四期），规模不超过30亿元，获证监会注册（证监许可〔2023〕2598号）。
2024-11-19CRCC announces issuance of 2024 sixth tranche sci-tech innovation perpetual corporate bonds for professional investors, up to 3 billion yuan, to replenish working capital.中国铁建公告发行2024年第六期科技创新可续期公司债券，规模不超过30亿元，用于补充流动资金。
2024-11-25CRCC's 2024 sixth tranche sci-tech innovation perpetual corporate bond (variety 1, code '242023') listed on Shanghai Stock Exchange from Nov 26.中国铁建2024年第六期科技创新可续期公司债券（品种一，代码242023）于11月26日起在上交所上市。
2024-12-06CRCC announced the redemption and delisting of its 2019 perpetual corporate bond (tranche 2, '19 Tie Jian Y6') on Dec 17, 2024; issue size 1 billion yuan, coupon rate 4.20%.中国铁建公告2019年可续期公司债券（第三期）（品种二）“19铁建Y6”于2024年12月17日本息兑付及摘牌，发行总额10亿元，票面利率4.20%。
2025-05-09CRCC issued 3 billion yuan of science and technology innovation perpetual corporate bonds (second tranche) to professional investors: Tranche 1 (1.5 billion yuan) coupon rate 2.10%, Tranche 2 (1.5 billion yuan) coupon rate 2.19%.中国铁建面向专业投资者公开发行30亿元科技创新可续期公司债券（第二期）：品种一（15亿元）票面利率2.10%，品种二（15亿元）票面利率2.19%。
2025-05-13CRCC completed the issuance of 3 billion yuan science and technology innovation perpetual corporate bonds (second tranche), with Tranche 1 subscription multiple 2.2x and Tranche 2 subscription multiple 2.4x.中国铁建完成发行30亿元科技创新可续期公司债券（第二期），品种一认购倍数2.2倍，品种二认购倍数2.4倍。
2025-05-15Shanghai Stock Exchange approved the listing of CRCC's science and technology innovation perpetual corporate bond (second tranche, Tranche 1) under code 'Tiejian YK28' (242945), effective from May 16, 2025.上交所同意中国铁建科技创新可续期公司债券（第二期）（品种一）于2025年5月16日起上市，证券简称“铁建YK28”，证券代码“242945”。
2025-09-05CRCC announced interest payment for its 2024 second tranche of sci-tech innovation perpetual corporate bonds: Tranche 1 (2.5 billion yuan, coupon 2.27%) and Tranche 2 (0.5 billion yuan, coupon 2.49%), payable on Sep 15, 2025.中国铁建公告2024年第二期科技创新可续期公司债付息：品种一25亿元票面利率2.27%，品种二5亿元票面利率2.49%，2025年9月15日付息。
2025-11-04CRCC announced plans to issue offshore RMB-denominated green bonds under Reg S, with 5-year and 10-year tranches, initial price guidance at 2.65% and 3.05% respectively, rated A3 by Moody's and A- by S&P.中国铁建宣布拟在境外发行RegS规则下的人民币计价绿色债券，期限5年和10年，初始价指引分别为2.65%和3.05%，穆迪评级A3，标普评级A-。
2025-11-05CRCC successfully issued a dual-tranche 4 billion yuan offshore RMB green bond (5-year at 2.18%, 10-year at 2.6%), its first offshore green bond, with peak orders of 15 billion yuan, rated A3 by Moody's and SQS2 (Excellent) for green quality.中国铁建成功发行双年期40亿元离岸人民币绿色债券（5年期2.18%，10年期2.6%），为公司首次境外绿色债券，订单峰值达150亿元，穆迪评级A3，绿色质量分数SQS2（优秀）。
2025-11-11CRCC's subsidiary CRCC Huayuan completed the issuance of 4 billion yuan offshore RMB green bonds, listed on the Hong Kong Stock Exchange on November 12, 2025, with an unconditional and irrevocable guarantee from CRCC.中国铁建所属铁建华源有限公司完成40亿元离岸人民币绿色债券发行，于2025年11月12日在香港联交所上市，由中国铁建提供无条件不可撤销担保。
2025-11-12CRCC announced interest payment for its 2024科技创新可续期公司债券 (6th tranche, 'Tie Jian YK22') of 1 billion yuan at a coupon rate of 2.22%, due on November 21, 2025.中国铁建公告2024年科技创新可续期公司债券（第六期）（铁建YK22）10亿元付息，票面利率2.22%，付息日为2025年11月21日。
2025-11-12CRCC announced interest payment for its 2021可续期公司债券 (2nd tranche, '21 Tie Jian Y4') with a coupon rate of 3.64%, for the period from November 23, 2024 to November 22, 2025, payable on November 24, 2025.中国铁建公告2021年可续期公司债券（第二期）（21铁建Y4）付息，票面利率3.64%，计息期2024年11月23日至2025年11月22日，付息日2025年11月24日。
2026-03-17CRCC plans to issue up to CNY 3 billion in technology innovation perpetual corporate bonds (first tranche 2026) to professional investors, in two tranches with 5-year and 10-year cycles, AAA rated.中国铁建拟面向专业投资者发行不超过30亿元的科技创新可续期公司债券（第一期），分为两个品种，周期分别为5年和10年，信用等级AAA。
2026-03-22CRCC completed issuance of CNY 3 billion technology innovation perpetual corporate bonds (first tranche 2026); Tranche 1 raised CNY 2 billion at 2.27% coupon with 3.16x subscription.中国铁建完成30亿元科技创新可续期公司债券（第一期）发行；品种一发行20亿元，票面利率2.27%，认购倍数3.16倍。
2026-04-08CRCC announced the redemption of its 2025 first tranche ultra-short-term commercial paper (25 Zhongtiejian SCP001, code 012582490) on April 15, 2026: issuance amount 3 billion yuan, 180-day tenor, interest rate 1.63%, total repayment 3.024 billion yuan.中国铁建公告2025年度第一期超短期融资券（25中铁建SCP001）于2026年4月15日兑付：发行金额30亿元，期限180天，利率1.63%，本息总额30.24亿元。
2026-06-24CRCC completed two tranches of corporate bond issuance totaling 6 billion yuan (3 billion each in May and June 2026) for debt repayment and working capital; the company expects to benefit from the 15th Five-Year Plan's underground pipeline renovation policy with over 5 trillion yuan investment.中国铁建于2026年5月和6月完成两期共60亿元公司债券发行，用于偿还债务和补充流动资金；公司预计受益于“十五五”地下管网改造超5万亿元投资政策。
Operational & credit risk updates运营与信用风险更新
2 · 2024-06-12 → 2025-11-06
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Disclosures on order backlog adjustments, accounts receivable/payable trends, and credit risk.关于订单积压调整、应收/应付账款趋势及信用风险的披露。
2024-06-12CRCC disclosed that it systematically reviewed and removed some unexecutable or non-revenue-generating projects from its end-of-2023 order backlog of RMB 6.6898 trillion, resulting in a net decrease of RMB 320.4 billion in the quarter.中国铁建披露，截至2023年底在手未完订单66898亿元，公司系统梳理并剔除了部分无法执行和未形成产值营收的项目，导致季度末合同额净减少3204亿元。
2025-11-06CRCC's accounts receivable surged 20.2% to 246.164 billion yuan from 204.759 billion yuan at the start of 2025, while accounts payable reached 533.96 billion yuan, up over 11% YoY, highlighting rising credit risk.中国铁建应收账款由年初的2047.59亿元增加至2461.64亿元，增幅20.2%；应付账款达5339.6亿元，同比增加超11%，凸显账款风险上升。
China-Kyrgyzstan-Uzbekistan Railway中吉乌铁路
5 · 2024-07-03 → 2025-07-02
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Survey, design, and construction of the Kyrgyzstan section of this flagship Belt and Road railway, with multiple contract wins.这条旗舰“一带一路”铁路的吉尔吉斯斯坦段的勘察、设计和施工，赢得了多个合同。
2024-07-03China Railway First Survey and Design Institute (subsidiary) completed feasibility study for the China-Kyrgyzstan-Uzbekistan railway (Kyrgyz section); memorandum signed in Xi'an.子公司铁一院完成中吉乌铁路（吉境内段）可行性研究，备忘录在西安签署。
2024-12-29The China-Kyrgyzstan-Uzbekistan railway project held its启动仪式 (launch ceremony); CRCC's China Railway First Survey and Design Institute (FSDI) is responsible for the survey and design work.中吉乌铁路项目启动仪式举行，中国铁建铁一院承担勘察设计工作。
2025-04-29CRCC subsidiaries China Railway 11th Bureau and 12th Bureau won the China-Kyrgyzstan-Uzbekistan railway tunnel project (ZJWZQ-2 and ZJWZQ-3 sections) in Kyrgyzstan, with total contract value of approximately 2.587 billion yuan; the railway is a flagship Belt and Road cooperation project.中国铁建下属中铁十一局、中铁十二局中标中吉乌铁路吉尔吉斯斯坦境内段三座隧道工程ZJWZQ-2、ZJWZQ-3标段，合计合同金额约25.87亿元；该铁路是‘一带一路’合作标志性工程。
2025-06-30CRCC subsidiaries won bids for three sections (ZJWZQ-6, -10, -11) of the China-Kyrgyzstan-Uzbekistan railway project in Kyrgyzstan, with total contract value of approximately RMB 3.781 billion.中国铁建下属公司中标中吉乌铁路吉尔吉斯境内段三个标段（ZJWZQ-6、-10、-11），合计合同金额约37.81亿元。
2025-07-02China Railway Construction Corporation (CRCC) won bids for three sections (ZJWZQ-6, ZJWZQ-10, ZJWZQ-11) of the China-Kyrgyzstan-Uzbekistan Railway project in Kyrgyzstan, with a total contract value of approximately 3.781 billion yuan.中国铁建中标中吉乌铁路吉尔吉斯斯坦境内段三个标段（ZJWZQ-6、ZJWZQ-10、ZJWZQ-11），合计合同金额约37.81亿元。
Digital Transformation & AI Technology数字化转型与人工智能技术
18 · 2024-07-11 → 2026-05-16
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Development of AI-based construction plan review platforms, software copyrights for rail transit, and partnerships for digitalization and smart construction.开发基于人工智能的施工方案审查平台、轨道交通软件著作权，以及数字化和智慧建造合作伙伴关系。
2024-07-11Registered new software copyright 'Double-block ballastless track rail fine-tuning control software V1.0'.新注册《双块式无砟轨道轨排精调控制软件V1.0》软件著作权。
2025-01-22CRCC registered two new software copyrights: 'Railway Long-Span Bridge Track Alignment Calculation and Evaluation Software V1.0' and 'Slab Track Spatial Attitude Measurement and Control Software V1.0'.中国铁建新注册2项软件著作权：《铁路大跨度桥梁轨道线形计算与评估软件V1.0》和《板式轨道空间姿态测控软件V1.0》。
2025-02-08China Railway Construction (CRCC) registered a new software copyright for 'Urban Rail Transit Track Operation and Maintenance Data Information Platform V1.0', bringing total new software copyrights in 2025 to 3. R&D spending in H1 2024 was 8.611 billion yuan, up 3.83% YoY.中国铁建新注册《城市轨道交通轨道运维数据信息化平台V1.0》软件著作权，2025年以来共新注册3个；2024年上半年研发投入86.11亿元，同比增长3.83%。
2025-05-16CRCC disclosed in investor Q&A that its subsidiary China Railway Construction has independently developed an AI-based construction plan review platform covering 10+ plan types (steel, concrete, scaffolding), deployed in 30+ projects; Tieyi Institute applied DeepSeek to geological drilling core identification system.中国铁建在投资者互动中披露，下属中铁建设自主研发基于AI的施工方案审核平台，覆盖钢筋、混凝土、脚手架等10余种方案，已在30余个项目落地；铁一院将DeepSeek应用于地质钻探岩芯识别系统。
2025-07-17CRCC indirectly wholly-owned subsidiary established 'CRCC Digital Intelligence Technology (Beijing) Co., Ltd.' with registered capital of 100 million yuan, covering AI, smart robots, and security equipment sales.中国铁建间接全资持股成立‘中铁建数智科技（北京）有限公司’，注册资本1亿元，业务涵盖人工智能、智能机器人及安防设备销售。
2025-08-02CRCC registered a new software copyright for 'Generative AI-based Rail Transit Building Appearance Scheme Design System V1.0.0.0'.中国铁建新注册《基于生成式人工智能的轨道交通建筑外观方案设计系统V1.0.0.0》软件著作权。
2025-08-13CRCC registered a new software copyright for 'Railway Project Document Compliance Auxiliary Review Large Model Application System V1.0'.中国铁建新注册《铁路项目文件合规辅助审查大模型应用系统V1.0》软件著作权。
2025-08-18CRCC registered a new software copyright for 'AI + Standard Specification Intelligent Q&A Assistant System V1.0'.中国铁建新注册《AI+标准规范智能问答助手系统V1.0》软件著作权。
2025-08-22CRCC registered a new software copyright for 'Tunnel Intelligent Protection Monitoring Platform V1.0'.中国铁建新注册《隧道智能防护监测平台V1.0》软件著作权。
2025-09-01China Railway Construction (CRCC) registered a new software copyright 'AI+ Construction Technical Plan Assisted Generation System V1.0'. In H1 2025, R&D spending was 75.16 billion yuan, down 12.71% YoY.中国铁建新注册《AI+施工技术方案辅助生成系统V1.0》软件著作权；2025年上半年研发投入75.16亿元，同比减少12.71%。
2025-09-09CRCC's subsidiary China Railway 14th Bureau Group and Shenzhen Lidipeng Intelligent Technology jointly established China Railway 14th Bureau Group Beijing Intelligent Technology Co., Ltd., covering AI hardware, software, system integration, and smart vehicle equipment.中国铁建旗下中铁十四局集团与深圳市力鼎鹏智能科技共同持股成立中铁十四局集团北京智能科技有限公司，经营范围包括人工智能硬件销售、软件开发、智能车载设备制造等。
2025-10-11CRCC newly registered 2 software copyrights, including '3D Bridge Jacking Dynamic Digital Twin Visualization System V1.0' and 'Remote Sensing Image Typical Ground Object Intelligent Interpretation System V1.0'. Year-to-date new software copyrights reached 41, a 4000% increase YoY. H1 2025 R&D spending was 7.516 billion yuan, down 12.71% YoY.中国铁建新注册了2个项目的软件著作权，包括《三维桥梁顶推动态数字孪生可视化系统V1.0》、《遥感影像典型地物要素智能解译系统V1.0》等。今年以来新注册软件著作权41个，较去年同期增加4000%。2025年上半年研发投入75.16亿元，同比减12.71%。
2025-10-13CRCC's subsidiary, 23rd Bureau Rail Company, used 3D on-site printing to install box-type blocks, successfully applied in the Suzhou River embankment renovation project, a first in national water conservancy construction.公司下属二十三局轨道公司采用3D现场打印安装箱型砌块，成功运用于苏州河堤防改造项目，这在全国水利工程建设中尚属首例。
2025-10-21Shanghai Shangtie Operation and Maintenance Technology Co., Ltd. was established with a registered capital of 80 million yuan, jointly held by CRCC's wholly-owned subsidiary China Railway Siyuan Survey and Design Group Co., Ltd. and others. Business scope includes electronic special material R&D and motor control system R&D.上海上铁运维技术有限公司成立，注册资本8000万元，由中国铁建全资子公司中铁第四勘察设计院集团有限公司等共同持股，经营范围包含电子专用材料研发、电机及其控制系统研发等。
2025-12-04CRCC indirectly and fully funded Nanjing Zhihang Technology Development Co., Ltd. with a registered capital of 50 million yuan, focusing on intelligent robots, drones, and AI hardware.中国铁建间接全资设立南京智航科技发展有限公司，注册资本5000万元，专注于智能机器人、无人机及人工智能硬件。
2025-12-30CRCC disclosed that its subsidiary participated in the construction of a commercial aerospace electromagnetic launch rail subsystem test platform, leveraging its high-precision track engineering expertise.中国铁建披露，其子公司已参与商业航天电磁发射轨道分系统技术试验平台建设，利用高精度轨道工程专长。
2026-01-28China Railway Materials Group Logistics Technology (Xiong'an) Co. officially relocated to Xiong'an New Area, becoming one of the first batch of market-based relocated central enterprise technology subsidiaries in 2026. It will serve as the 'China Railway Construction Logistics Digital Management Service Platform' and the 'China Railway Materials Logistics Business Self-Operation Platform', upgrading the Pangu Zhida platform and building a standardized self-operated capacity pool.中铁物资集团物流科技（雄安）有限公司正式迁址落户雄安新区，成为2026年首批市场化疏解落地的央企科技型三级子公司；将作为‘中国铁建物流数字化管理服务中台’和‘中铁物资物流业务自营平台’，升级盘古智达平台，打造标准化自营运力池。
2026-05-16CRCC's subsidiary Tiyuan Institute co-compiled two ISO international railway standards: 'Railway Applications - General Vocabulary' and 'Train Running Time Calculation for Timetables Part 2'.中国铁建所属铁一院参与编制的两项ISO国际铁路标准正式发布，涵盖轨道交通通用词汇和列车运行时间计算。
Shareholder returns & results briefings股东回报与业绩说明会
3 · 2024-07-19 → 2026-03-23
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Shareholder return plans, dividend briefings, and annual/semi-annual results announcements.股东回报计划、分红说明会及年度/半年度业绩发布。
2024-07-19Released '2024 Action Plan for Improving Quality and Efficiency and Emphasizing Returns', including a three-year (2024-2026) shareholder return plan.发布2024年度‘提质增效重回报’行动方案，制定未来三年（2024-2026年）股东回报规划。
2025-08-19CRCC announced it will hold its 2025 semi-year results briefing on September 4, 2025.中国铁建公告将于2025年9月4日举行2025年半年度业绩说明会。
2026-03-23CRCC and its subsidiary CRCC Heavy Industry will hold a 2025 annual results and cash dividend briefing on April 1, 2026 via SSE Roadshow Center.中国铁建联合控股子公司铁建重工将于2026年4月1日在上证路演中心举行2025年年度业绩暨现金分红说明会。
Strategic business direction战略业务方向
2 · 2024-07-29 → 2025-01-23
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Chairman's statements on future investment focus and new business concepts.董事长关于未来投资重点和新业务概念的声明。
2024-07-29Added concept: subsidiary China Railway Maglev Transportation Investment & Construction Co., Ltd. operates maglev and monorail projects, including the Changsha Maglev Express line.新增概念：子公司中铁磁浮交通投资建设有限公司专营磁浮及单轨交通项目，包括长沙磁浮快线。
2025-01-23CRCC Chairman Dai Hegen stated that the company will absolutely not invest in oversupplied projects like centralized solar and wind power, focusing instead on blue-ocean sectors such as underground space, bamboo-based industry, and low-carbon construction.中国铁建董事长戴和根表示，绝不再投集中式光伏、风电等过剩项目，聚焦深地空间、竹基产业、低碳建筑等蓝海领域。
Rankings & recognitions排名与荣誉
2 · 2024-08-06 → 2025-01-22
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CRCC's positions in global brand value and Fortune Global 500 rankings.中国铁建在全球品牌价值和《财富》世界500强中的排名。
2024-08-06CRCC ranked 43rd on the 2024 Fortune Global 500, its 19th consecutive year on the list, with 2023 revenue of RMB 1,137.9935 billion, up 3.8% YoY.中国铁建位列2024年《财富》世界500强第43位，连续19年上榜，2023年营业收入11379.935亿元，同比增长3.8%。
2025-01-22CRCC ranked 133rd in Brand Finance 2025 Global Brand Value 500, down 20 places from 113th in 2024.中国铁建在Brand Finance 2025年全球品牌价值500强中位列第133位，较2024年第113位下降20位。
Subsidiary & Joint Venture Establishments子公司与合资企业设立
21 · 2024-09-06 → 2026-02-27
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Establishment of numerous wholly-owned and joint venture subsidiaries across China for construction, mining, environmental, and technology businesses.在中国各地设立众多全资和合资子公司，涉及建筑、采矿、环保和科技业务。
2024-09-06CRCC subsidiary CRCC Kunlun Investment Group established Anshan Kunlun Dagu Mountain Mining Engineering Co., Ltd. with a registered capital of 20 million yuan, holding 99% equity.中国铁建旗下昆仑投资集团成立鞍山昆仑大孤山矿业工程有限公司，注册资本2000万元，持股99%。
2024-10-08China Railway Construction (CRCC) subsidiary China Railway Construction Bridge Engineering Bureau Group Co., Ltd. jointly established Hubei Chudao Wuhao Wutianxi Equity Investment Partnership (Limited Partnership) with other parties, with registered capital not disclosed, for private equity investment.中国铁建子公司中国铁建大桥工程局集团有限公司等共同成立湖北省楚道伍号武天西股权投资合伙企业（有限合伙），从事私募股权投资。
2024-10-17CRCC subsidiary China Railway Construction Development Group Co., Ltd., Feida Environmental Protection, and CRCC Gongyan (Beijing) Environmental Protection Technology Co., Ltd. jointly established Anshan Tie Jian Atmospheric Environment Technology Co., Ltd. with registered capital of RMB 50 million.中国铁建子公司中铁建发展集团与菲达环保、中铁建工研（北京）环保科技共同成立鞍山铁建大气环境科技有限公司，注册资本5000万元。
2024-10-17CRCC subsidiary China Railway Urban Construction Group Co., Ltd. wholly established China Railway Urban Construction Group (Bengbu) Construction Co., Ltd. with registered capital of RMB 50 million.中国铁建旗下中铁城建集团全资成立中铁城建集团（蚌埠）建设有限公司，注册资本5000万元。
2024-10-21CRCC subsidiary China Railway 12th Bureau Group Co., Ltd. and Tongling Comprehensive Transportation Investment Group Co., Ltd. jointly established Anhui Beidou Construction Investment Co., Ltd. with registered capital of RMB 50 million.中国铁建旗下中铁十二局集团与铜陵市综合交通投资集团共同成立安徽北斗建设投资有限公司，注册资本5000万元。
2024-10-24CRCC subsidiary China Railway Urban Construction Group Co., Ltd. wholly established China Railway Urban Construction Group (Shandong) Construction Co., Ltd. with registered capital of RMB 10 million.中国铁建旗下中铁城建集团全资成立中铁城建集团（山东）建设有限公司，注册资本1000万元。
2024-11-04China Railway Construction (CRCC) indirectly holds a 100% stake in Kunlun Investment (Songyuan) Environmental Governance Co., Ltd., registered capital 10 million yuan, covering sewage treatment, IoT application services, etc.中国铁建间接全资控股昆仑投（松原）环境治理有限公司，注册资本1000万元，业务涵盖污水处理、物联网应用服务等。
2024-11-05CRCC's investment arm jointly establishes Hangzhou Linkong Hongshan Intelligent Manufacturing Industrial Park Development Co., Ltd., registered capital 100 million yuan, for construction and park management.中国铁建旗下投资公司等共同持股成立杭州临空红山智造产业园开发有限公司，注册资本1亿元，从事建设施工及园区管理。
2024-11-19CRCC establishes China Railway Construction Electrification Bureau Group New Construction Engineering Co., Ltd., registered capital 100 million yuan, indirectly wholly owned by CRCC.中国铁建间接全资持股成立中铁建电气化局集团新型建筑工程有限公司，注册资本1亿元。
2024-12-06CRCC's subsidiary China Railway 14th Bureau jointly established Shihezi Tie Jian Hui De Smart Agriculture Development Co., Ltd. with registered capital of 10 million yuan, covering bio-organic fertilizer R&D and smart agriculture management.中国铁建旗下中铁十四局等共同持股成立石河子市铁建汇德智慧农业发展有限公司，注册资本1000万元，经营范围包括生物有机肥料研发、智能农业管理。
2024-12-18CRCC's subsidiaries China Civil Engineering Construction Corporation (CCECC) and CCECC (Macau) jointly established Smart Construction (Guangdong Hengqin) Technology Co., Ltd. with registered capital of 5.5 million yuan, focusing on AI software, smart control, and IoT equipment.中国铁建旗下中国土木工程集团有限公司及中国土木工程（澳门）有限公司共同持股成立数智建造（广东横琴）科技有限公司，注册资本550万元，专注人工智能应用软件开发、智能控制系统集成、物联网设备制造等。
2024-12-24CRCC indirectly wholly-owned subsidiary Zhongtu Group (Hainan) International Construction Development Co., Ltd. was established with registered capital of 10 million yuan, covering construction survey, construction, and overseas project contracting.中国铁建间接全资持股的中土集团（海南）国际建设发展有限公司成立，注册资本1000万元，经营范围包括建设工程勘察、施工及对外承包工程。
2025-03-20CRCC's third-tier subsidiary, China Railway Urban Construction Group Beijing Engineering Co., Ltd., was inaugurated in Xiong'an New Area, marking another subsidiary relocation to support Beijing non-capital function dispersal.中国铁建三级子公司中铁城建集团北京工程有限公司在雄安新区揭牌入驻，标志着又一家子公司落地雄安，支持北京非首都功能疏解。
2025-03-26CRCC indirectly wholly-owned subsidiary, China Railway 17th Bureau Group Yili Construction Co., Ltd., was established in Yili, Xinjiang, with registered capital of 50 million yuan, covering construction and overseas project contracting.中国铁建间接全资子公司中铁十七局集团伊犁建设有限公司在新疆伊犁成立，注册资本5000万元，业务涵盖建设工程和对外承包工程。
2025-03-28CRCC co-founded Jiuquan Danghe Water Conservancy Construction Co., Ltd. in Jiuquan, Gansu, with registered capital of 30 million yuan, covering water conservancy construction, soil remediation, and leisure tourism.中国铁建旗下中铁建发展集团等共同持股的酒泉党河水利建设有限公司在甘肃酒泉成立，注册资本3000万元，业务涵盖水利建设、土壤修复和休闲观光。
2025-04-10CRCC indirectly wholly-owned subsidiary established 'China Railway 19th Bureau Group Nanchang Wanwoxin Material Technology Co., Ltd.' with registered capital of 9 million yuan, engaged in prestressed concrete railway bridge beam production, hazardous waste transport, and renewable resource recycling.中国铁建间接全资持股成立“中铁十九局集团南昌万沃鑫材料科技有限公司”，注册资本900万元，经营预应力混凝土铁路桥梁简支梁产品生产、道路危险货物运输、再生资源回收等。
2025-05-19CRCC, through its subsidiary China Railway 19th Bureau Group, jointly established Shenyang Heye Chuangzhan Urban Development and Construction Co., Ltd. with Shenyang Heping City Development Investment Co., Ltd., registered capital 10 million yuan, covering flight dispatch training and general aviation services.中国铁建通过旗下中铁十九局集团与沈阳和平城市发展投资有限公司共同设立沈阳和业创展城市开发建设有限公司，注册资本1000万元，涵盖飞行签派员培训及通用航空服务。
2025-06-09China Railway Construction (CRCC) established a wholly-owned subsidiary, CRCC (Shanghai) Smart Transportation Technology Co., Ltd., with registered capital of RMB 200 million, covering EV charging infrastructure operation and engineering services.中国铁建成立全资子公司中铁建（上海）智慧交通科技有限公司，注册资本2亿元，业务涵盖电动汽车充电基础设施运营及工程技术服务。
2025-09-09CRCC indirectly wholly-owned subsidiary China Railway 16th Bureau Group Kunhai Construction Co., Ltd. was established with registered capital of 100 million yuan, covering construction, steel bar production, and demolition.中国铁建间接全资子公司中铁十六局集团坤海建设有限公司成立，注册资本1亿元，经营范围包括建设工程施工、建筑用钢筋产品生产等。
2025-11-14CRCC's wholly-owned subsidiary China Railway 16th Bureau Group and Guotong Trust jointly established Inner Mongolia Tiexin Hexing Real Estate Co., Ltd. with registered capital of 10 million yuan, covering investment, property management, and real estate development.中国铁建全资子公司中铁十六局集团与国通信托合资设立内蒙古铁信兴合置业有限公司，注册资本1000万元，经营范围包括投资、物业管理及房地产开发。
2026-02-27China Rail Construction Investment Group and others jointly established Tietou (Daqing) Resource Recycling Co., Ltd., with a registered capital of 29.7714 million yuan, covering emerging energy technology R&D, wastewater treatment, and renewable resource processing.中国铁建投资集团等共同成立铁投（大庆）资源循环有限公司，注册资本2977.14万元，经营范围包括新兴能源技术研发、污水处理及其再生利用、再生资源加工。
Morocco High-Speed Rail Entry摩洛哥高铁市场进入
2 · 2024-11-30 → 2024-12-02
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Winning civil works Lot 5 of the Kenitra-Marrakech high-speed rail project, marking CRCC's first entry into Morocco's HSR market.赢得凯尼特拉-马拉喀什高铁项目土建5标段，标志着中国铁建首次进入摩洛哥高铁市场。
2024-11-30CRCC's China Railway 20th Bureau Group wins civil works Lot 5 of Morocco's Kenitra-Marrakech high-speed rail project (430 km, 320 km/h), CRCC's first entry into Morocco's HSR market.中铁二十局中标摩洛哥盖尼特拉至马拉喀什高铁项目土建第5标段（430公里，时速320公里），系中国铁建首次进入摩洛哥高铁市场。
2024-12-02CR20 (China Railway 20th Bureau) won the bid for Lot 5 of the Kenitra-Marrakech high-speed rail civil works in Morocco, marking CRCC's first entry into the Moroccan HSR market; the 430km line is designed for 320 km/h.中铁二十局中标摩洛哥盖尼特拉至马拉喀什高铁土建工程第5标段，系中国铁建首次进入摩洛哥高铁市场；线路全长430公里，设计时速320公里。
Related-party transactions & framework agreements关联交易与框架协议
2 · 2025-07-30 → 2026-05-26
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Procurement and service framework agreements between CRCC and its subsidiaries.中国铁建与子公司之间的采购和服务框架协议。
2025-07-30CRCC's subsidiary CRCC High-Tech Equipment Corporation signed a framework agreement with CRCC for the sale of large railway maintenance machinery, equipment, parts, and related services for 2026-2028.中国铁建子公司铁建装备与中国铁建订立机械装备及配件销售框架协议，约定2026年至2028年间销售大型铁路养路机械、设备及配件等。
2026-05-26CRCC subsidiary China Railway Construction Equipment (01786.HK) signed a renewed Products and Services Procurement Framework Agreement with CRCC, effective from 2027-01-01 to 2029-12-31.中国铁建子公司铁建装备（01786.HK）与中国铁建续签产品及服务采购框架协议，期限自2027年1月1日至2029年12月31日。
New Materials & Bamboo-Based Industry新材料与竹基产业
5 · 2025-08-12 → 2026-06-17
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Establishment of new materials expert committees, research institutes, and subsidiaries focused on bamboo-based materials, aerogels, and photocatalytic materials.成立新材料专家委员会、研究院以及专注于竹基材料、气凝胶和光催化材料的子公司。
2025-08-12CRCC's subsidiary China Railway 18th Bureau Group co-founded Fujian Aotian Industry Investment Co., Ltd. with registered capital of CNY 100 million, covering bamboo products manufacturing and park management.中国铁建旗下中铁十八局集团等共同持股成立福建澳天产业投资有限公司，注册资本1亿元，经营范围包括竹制品制造、园区管理服务等。
2025-12-15CRCC, via its subsidiary China Railway 11th Bureau Group, co-founded China Railway Construction Nano Technology (Shanghai) Co., Ltd. with a registered capital of 100 million yuan, focusing on non-ferrous alloys, new materials, and advanced material sales.中国铁建通过旗下中铁十一局集团等共同持股设立中铁建纳米科技（上海）有限公司，注册资本1亿元，专注于有色金属合金、新材料及前沿材料销售。
2025-12-31CRCC, via its wholly-owned subsidiary China Railway Construction Electrification Bureau Group and BaltiCo GmbH, co-founded China Railway Construction Lightweight Additive Manufacturing (Beijing) Co., Ltd. with a registered capital of 100 million yuan, focusing on lightweight building materials and high-performance composites.中国铁建通过全资子公司中国铁建电气化局集团与BaltiCo GmbH共同持股设立中铁建轻质增材制造（北京）有限公司，注册资本1亿元，专注于轻质建筑材料及高性能复合材料。
2026-04-22CRCC held the 'Red Chain Revitalization·Bamboo Constructing Future' regional party building promotion meeting for its Bamboo-based Zero-carbon Technology Demonstration Industrial Park in Sanming, Fujian. The park covers 395 mu, to be built in three phases as a national bamboo construction innovation hub and CRCC new materials base.中国铁建在福建三明举行竹基零碳科技示范产业园“红链兴产·竹构未来”区域化党建推进会。产业园规划用地395亩，分三期打造国家级竹基建筑创新高地和新材料产业基地。
2026-06-17Tiejian Xingcai (Xinjiang) New Material Technology Co., Ltd. was established, with legal representative Yuan Xiancan, registered capital 80 million yuan, owned by CRCC's subsidiary China Railway 21st Bureau Group and Tibet Zhongchi Group; business includes non-metallic mineral products, new material R&D, glass fiber manufacturing.铁建兴材（新疆）新材料科技有限公司成立，法定代表人袁宪灿，注册资本8000万元，由中国铁建旗下中铁二十一局与西藏中驰集团共同持股，经营范围包括非金属矿物制品、新材料研发、玻璃纤维制造。
Major project wins & overseas contracts重大项目中标与海外合同
3 · 2025-08-14 → 2026-05-18
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CRCC subsidiaries win large-scale domestic and international construction contracts.中国铁建子公司中标国内外大型工程合同。
2025-08-14CRCC stated it is actively bidding for the Yarlung Zangbo River hydropower project (CNY 1.2 trillion scale), leveraging its expertise in plateau tunnels, railways, and large water conservancy, and its subsidiary CRCC Heavy Industry's TBM and shield machine advantages.中国铁建表示正积极参与雅鲁藏布江水电工程（规模1.2万亿元）投标，发挥高原隧道、铁路及大型水利水电领域经验，以及铁建重工在隧道掘进机、盾构机方面的优势。
2026-05-18CRCC subsidiary China Railway 18th Bureau won the Emirates Airline Dubai World Central Airport new engineering facility project, valued at about 17.5 billion AED (approx. 34 billion yuan), 50-month工期, 1.21 million sqm.中国铁建下属中铁十八局中标阿联酋航空迪拜世界中心机场新工程设施项目，金额约175亿阿联酋迪拉姆，工期50个月，建筑面积约121万平方米。
2026-05-18CRCC's Emirates Airline airport maintenance hangar project in Dubai officially launched; total investment over $5 billion, includes 8 large hangars and 2 paint hangars, can serve 28 wide-body aircraft simultaneously.中国铁建承建的阿联酋航空机场维修机库项目在迪拜正式启动，总投资超50亿美元，包括8座大型机库和2座喷漆机库，可同时服务28架宽体飞机。
Overseas Engagement & Cooperation (Asia & Others)海外接洽与合作（亚洲及其他）
2 · 2025-09-02 → 2025-10-14
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Meetings and agreements with partners in Turkmenistan, Singapore, and Myanmar to deepen infrastructure and energy cooperation.与土库曼斯坦、新加坡和缅甸的合作伙伴会晤并达成协议，深化基础设施和能源合作。
2025-09-02CRCC Chairman Dai Hegen met with Turkmenistan Deputy Prime Minister Chakyev in Beijing to discuss deepening cooperation in infrastructure, desert railway design, mining, and new energy.中国铁建董事长戴和根在京与土库曼斯坦副总理恰克耶夫会谈，深化基础设施、沙漠铁路、矿业、新能源等领域合作。
2025-10-14CRCC Chairman Dai Hegen met with Singapore Land Transport Authority (LTA) Chairman Chan Heng Loon and CEO Huang Nan; both sides reached consensus on expanding cooperation in rail transit and urban renewal projects.中国铁建董事长戴和根与新加坡陆交局董事长陈庆鏻、总裁黄南会谈，双方就拓展轨道交通及城市更新项目合作领域达成重要共识。
