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China Railway Construction reports Q3 results, new leasing deal with controlling shareholder

October 30, 2025 at 05:04 PM UTCBy FilingReader AI

China Railway Construction Corporation Limited reported revenue of RMB728,403,247,000 for the first three quarters of 2025, with net profit attributable to shareholders reaching RMB14,811,266,000. Total assets stood at RMB2,066,069,527,000 as of September 30, 2025. The company also disclosed newly-signed contracts totaling RMB1,518.7650 billion from the beginning of 2025, an increase of 3.08% year-on-year.

In a related announcement, the board revealed a new Property Leasing Framework Agreement with CRCCG, the controlling shareholder, effective from January 1, 2026, to December 31, 2026. This agreement replaces the expiring original property leasing framework agreement. The estimated annual cap for expenditures under both the new property and land use rights leasing agreements for 2026 is RMB200 million.

These transactions constitute continuing connected transactions, subject to reporting, announcement, and annual review requirements due to CRCCG's 51.23% equity interest in the company. The agreements aim to regulate property and land use rights leasing between the group and its controlling shareholder.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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