China Railway Group secures major project wins

China Railway Group Limited (SSE:601390) announced that it has won bids for several major engineering projects. These projects include segments of the Yichang-Fuling high-speed railway, related engineering of the Nantong-Ningbo high-speed railway, Shanghai Baoshan Station, expansions of the Baozhong railway, and reconstruction of the Shijiazhuang-Xiong'an new district railway. Additional projects include the Kunming Changshui International Airport expansion and the Foshan Shunde Jinsha tunnel. International wins include the Tanzania/Burundi/Congo (DRC) Standard Gauge Railway. The total value of these projects is estimated at approximately CNY 6,677,226. This total represents about 5.77% of the company's operating revenue under China Accounting Standards for fiscal year 2024.