China Railway Construction Corporation Limited (CRCC) disclosed key operating figures for the third quarter of 2025. The total value of newly signed contracts from January to September reached RMB 1,518.765 billion, representing a 3.08% year-on-year increase. From July to September alone, the figure was approximately RMB 462.595 billion.
By business segment, construction operations recorded a slight year-on-year decline of 0.39% in contract value, while environmental protection showed an increase of 15.44%. Materials and logistics rose by 28.70%, and emerging industries grew rapidly by 66.78%. Meanwhile, industrial finance saw a decrease of 19.62%, and manufacturing declined by 8.44%. In real estate development, sales contract value fell by 11.53% year-on-year, with a total contracted sales area of 3.3958 million square meters and newly acquired land reserve totaling 1.57 million square meters.
Regionally, domestic contracts declined by 3.96% compared to the same period last year, whereas overseas contracts surged by 94.52%, contributing to the overall increase. CRCC reported no material projects that have been signed but are yet to be implemented.
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