China Railway Group Limited reported its unaudited results for the third quarter ended 30 September 2025. Revenue during the reporting period reached RMB 262.72 billion, a year-on-year decrease of 4.53%. Net profit attributable to shareholders stood at RMB 5.66 billion, down 9.98%. For the first three quarters, revenue totaled RMB 773.81 billion (down 5.46% year-on-year) and net profit attributable to shareholders came in at RMB 17.49 billion (down 14.97%).

As of 30 September 2025, total assets were RMB 2,399.67 billion, representing an increase of 6.35% compared to the end of the previous year. Owners’ equity attributable to shareholders of the Company rose by 4.56% to RMB 370.89 billion. Over the same period, net cash used in operating activities amounted to RMB 72.88 billion.

Newly signed contracts from January to September 2025 totaled RMB 1,584.92 billion, up 3.7% year-on-year. Domestic contract value contributed RMB 1,418.28 billion, while overseas business recorded RMB 166.64 billion. Contract backlog as of the end of September reached RMB 7,544.09 billion, increasing by 9.6% from the end of last year.

Regarding share repurchases, by late October 2025, the Company had repurchased 6,998,600 A shares through centralized bidding, accounting for 0.0283% of its total share capital, at a total transaction amount of RMB 39.9993 million. The Company will continue to implement repurchase decisions and disclose relevant progress as required.