Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

中 國 中 鐵 股 份 有 限 公 司

CHINA RAILWAY GROUP LIMITED

(A joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 390)

This overseas regulatory announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Please refer to the attached "Announcement of China Railway Group Limited on Major Operating Information for the First Quarter of 2021" published by China Railway Group Limited on the Shanghai Stock Exchange website on 27 April 2021 for your information.

By Order of the Board

China Railway Group Limited

Chen Yun

Chairman

27 April 2021

As at the date of this announcement, the executive directors of the Company are Mr. CHEN Yun (Chairman), Mr. CHEN Wenjian and Mr. WANG Shiqi; the non-executive director of the Company is Mr. WEN Limin; the independent non-executive directors of the Company are Mr. CHUNG Shui Ming Timpson, Mr. ZHANG Cheng and Mr. XIU Long.

A Shares Stock Code: 601390

A Shares Stock Name: China Railway

Announcement No.:

H Shares Stock Code: 00390

H Shares Stock Name: China Railway

Lin 2021-023

Announcement of China Railway Group Limited on

Major Operating Information for the First Quarter of 2021

The board of directors of China Railway Group Limited and all the directors hereby undertake that this announcement does not have any false or misleading statements or any material omissions, and assume the joint and several liabilities for the truthfulness, accuracy and completeness of the contents.

  1. Major operating information
    1. Statistics by business segment

Unit: RMB'00,000,000 Currency: RMB

Aggregate for the

Increase/

January to March 2021

decrease

current year

over

Business segments

same

Number

Value of

Number

Value of

period

of new

new

of new

new

last year

projects

contracts

projects

contracts

Infrastructure construction (Note )

1,087

2,799.9

1,087

2,799.9

-7.3%

Railway

273

526.9

273

526.9

-6.7%

Including

Highway

73

343.1

73

343.1

-53.4%

Municipal works

741

1,929.9

741

1,929.9

12.2%

and others

Survey, design and consulting services

/

46.3

/

46.3

-5.9%

Engineering equipment and component

/

141.6

141.6

66.8%

manufacturing

/

Property development (Note )

/

100.2

/

100.2

200.0%

Other businesses

/

204.3

/

204.3

9.3%

Total

/

3,292.3

/

3,292.3

-2.5%

Notes:

  • The aggregate value of new contracts of the infrastructure construction business for the period from January to March 2021 includes an amount of RMB27.45 billion for new infrastructure investment

projects (PPP, BOT etc.), decreased by 35.3% over the same period last year.

  • The value of new contracts for property development represents the value of the property sales contracts signed by the Company.

2. Statistics by geographical region

Geographical region

Value of new contracts

Increase/decrease over the same

(RMB'00,000,000)

period last year

Domestic

3,115.3

-2.3%

Overseas

177.0

-6.0%

Total

3,292.3

-2.5%

3. Major operating information on property development

January to March 2021

Aggregate amount for the current year

Area/Value

Area/Value

Increase/decrease over

the same period last year

Newly acquired land reserve ('0,000 m2)

14.3

14.3

-45.21%

Area that has commenced construction

139.7

139.7

171.26%

('0,000 m2)

Area that has completed construction

138.5

138.5

95.62%

('0,000 m2)

Contract area ('0,000 m2)

60.1

60.1

139.44%

Contract value (RMB'00,000,000)

100.2

100.2

200.00%

  1. Progress of material projects signed but not yet implemented

The Company currently does not have any material projects signed but not yet implemented.

The above operating indicators and data are preliminary statistics and for reference only, and may vary from the information disclosed in the periodic reports due to various uncertainties.

Notice is hereby given.

The Board of Directors of China Railway Group Limited

28 April 2021

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China Railway Group Limited published this content on 27 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2021 10:32:06 UTC.