At the end of the year and the beginning of the year, when the market is generally concerned about the performance of the real economy, there is exciting news coming from the main force of China's infrastructure construction. On November 17, 2025, China Railway Construction Corporation Limited issued a heavyweight announcement, announcing that it had recently won eight major projects with individual amounts exceeding 1.5 billion yuan, with a total bid amount of 49.629 billion yuan, approaching the 50 billion yuan mark. This report card injects a strong warm current into the market, not only demonstrating the outstanding resilience and order taking ability of leading enterprises in complex economic environments, but also reflecting the deep pulse of China's sustained economic growth.

This impressive performance report is equivalent to 4.65% of China Railway Construction's audited operating revenue for 2024. Although not all project details are detailed in the announcement, a grand business map covering both domestic and international markets, as well as emerging fields, is clearly unfolding in combination with the company's recent public disclosure of engineering progress and bidding information. The explosive growth of China Railway Construction Corporation, from world-class cross-border railways to the encryption of the domestic "Eight Vertical and Eight Horizontal" high-speed railway network, and to leading the future of airport hubs and university construction, is becoming a vivid footnote to China's high-quality development and high-level opening up.

Domestic infrastructure: Deeply cultivating the backbone network and empowering regional collaboration

In the domestic market, the core advantages of China Railway Construction are driving the accelerated formation of the national comprehensive three-dimensional transportation network. In terms of high-speed railways, the company has made decisive progress in its landmark projects recently undertaken. On November 26th, the Chengda Wanzhou High speed Railway Qujiang Extra Large Bridge, constructed by its subsidiary China Railway 15th Bureau, successfully closed. The completion of this world's largest double track high-speed railway prestressed concrete low tower cable-stayed bridge laid the foundation for the important high-speed railway trunk line connecting the Chengdu Chongqing economic circle. At the same time, as a key link in the national "Eight Verticals and Eight Horizontals" high-speed railway network, the Tianjin Weifang high-speed railway, its controlling project, the Bindong Yellow River Extra Large Bridge, has recently completed all box girder prefabrication and entered a new stage of construction.

In addition, several major projects related to regional development have also been won by railway construction units. For example, China Railway Construction Group has become the first candidate to win the bid for the construction of the Huizhou South Station project of the new Shenzhen Shenzhen Shantou Cooperation Zone railway. These projects not only consolidate China Railway Construction's absolute dominant position in railway construction, but also provide solid transportation support for national strategies such as the coordinated development of Beijing Tianjin Hebei, the integration of the Yangtze River Delta, and the construction of the Guangdong Hong Kong Macao Greater Bay Area by improving the regional transportation network.

Overseas expansion: Co construction and sharing, China's solution connects the world

On the international stage, China Railway Construction Corporation (CRCC) also has frequent good news, and its technology and strength are winning wider market trust. Shortly after the announcement was released, the company once again disclosed significant overseas progress: several engineering bureaus under its umbrella successfully won the bid for multiple station engineering sections of the China Kyrgyzstan Uzbekistan Railway project, except for the early construction section, with a total contract amount of approximately 3.781 billion yuan. This high-profile international railway corridor is a flagship project under the "the Belt and Road" initiative. Its construction will greatly promote the connectivity and economic development of China, Kyrgyzstan, Uzbekistan and even the entire Central Asia region.

Moreover, in the previous major project announcement released on September 30th, it included a contract amount of 8.112 billion yuan for the relocation of infrastructure and supporting facilities at King Saud University, as well as a contract amount of 8.851 billion yuan for the activation of the Tanzania Zambia Railway. From West Asia to Africa, China Railway Construction Corporation is bringing Chinese standards, technology, and efficiency to the world through a series of landmark projects, deeply participating in global infrastructure construction and energy transformation.

Diversified Transformation: Beyond the 'Iron Public Foundation' and Cultivating New Growth Momentum

It is worth noting that the nearly 50 billion order structure clearly reveals that China Railway Construction is steadily transforming from the traditional "iron public base" to more diversified and higher value-added business areas. In the September announcement project, not only numerous railway and highway projects were included, but also major science and education design and construction general contracting projects such as the Hong Kong University of Science and Technology (Guangzhou) Phase II project with a contract value of 3.861 billion yuan emerged. At the same time, China Railway Construction Engineering Group, a subsidiary of the company, recently won the bid for supporting projects such as the T2 terminal of Kunming Changshui International Airport expansion project and other important civil aviation hubs.

This diversified layout means that China Railway Construction's business is deeply integrated into broader areas such as urban renewal, science and education for national rejuvenation, and improvement of people's livelihoods. Whether participating in the renovation and upgrading of the Shangfangshan campus in Suzhou or competing for new infrastructure projects such as data centers, it indicates that its market reach is becoming increasingly sensitive, and its risk resistance and sustainable development momentum are constantly increasing. Editor/Yang Beihua