On September 1st, China Railway Construction Corporation Limited held its 2025 interim results conference call in Beijing. Zhu Hongbiao, Party Committee Standing Committee member and Chief Accountant of China Railway Construction Corporation Limited, attended the meeting and presented the company's key operating performance.
Since the beginning of this year, facing complex and challenging market conditions, the company has proactively addressed difficulties and challenges, focusing on high-quality operations, refined management, technological innovation, and deepening reforms. The company has promoted the transformation and upgrading of traditional industries while accelerating the development of strategic emerging industries, maintaining an overall stable development momentum.
High-quality production and operations continued. In the first half of the year, new contract signings totaled 1,056.2 billion yuan, with contract quality continuously improving and scale maintained within a reasonable range. Among these, new contracts for railway, highway, power, and green environmental protection businesses increased by 39.3%, 10.7%, 10.9%, and 15.1% year-on-year respectively.
Overseas development accelerated comprehensively. In the first half of the year, overseas new contract signings reached 114.1 billion yuan, a 57.4% year-on-year increase, successfully securing a number of overseas strategic emerging projects.
Refined management was comprehensively advanced. The company launched supply chain management improvement initiatives, orderly promoted asset revitalization, made every effort to control costs and expenses, and effectively utilized local government debt resolution policies. In the first half of the year, the company achieved operating revenue of 489.2 billion yuan, total profit of 15.4 billion yuan, and net profit attributable to listed company shareholders of 10.7 billion yuan.
Technological innovation continued to provide empowerment. The company continuously improved its "1+9+N" technological innovation system, with orderly progress in the construction of the General Research Institute and six industrial technology research institutes covering green low-carbon, underground space, new materials, high-end equipment, new energy, and bamboo-based industries, achieving preliminary results. The company achieved a historic breakthrough by leading national "Technology Innovation 2030 Major Projects" and successfully completed three tasks in the second phase of the "Central SOE Tackling Engineering."
In the first half of the year, the company's innovation achievements won multiple honors, including the Special Invention Grand Prize and Gold Medal at the 50th Geneva International Exhibition of Inventions, two major awards at the International Bridge Conference, and achieved the best historical performance with 1 gold, 1 silver, and 4 excellence awards at the 25th China Patent Awards.
During the conference, more than 40 investors and analysts from domestic and international institutions including Changjiang Securities, Everbright Securities, Galaxy Securities, HSBC, Morgan Stanley, UBS Securities, Harvest Fund Management, Taikang Asset Management, and PineBridge Investments engaged in discussions on hot topics including the company's full-year operating performance outlook, overseas business development, financial income and expenditure, major engineering project implementation, and emerging industries.
Jing Jing, Board Secretary of China Railway Construction Corporation Limited, and relevant department heads from headquarters attended the conference.