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China Railway Group's volume of new contracts decreased by 9.3% in the first half of the year

China Railway Group's volume of new contracts decreased by 9.3% in the first half of the year

China Railway Group, Llc. She announced that this year, by the end of June, the total volume of new contracts for 2026 has reached 1.00568 trillion yuan (0.15 trillion dollars), which is 9.3 percent year-on-year.

In the first three months, the value of new contracts was only 338.51 billion yuan ($50 billion), down 39.6 percent year-on-year. However, between April and June, the quarterly figure rose to 667.17 billion yuan ($98.3 billion), an increase of 21.6% year-on-year. The company overcame the downturn in the first quarter due to the active development of new business, while its operating performance throughout the year shows a positive trend. динамику.

In the first six months, new engineering construction contracts totaled 724.32 billion. yuan (106.7 billion dollars), a decrease of 2.0 percent year-on-year.

Fortunately, the company's new contracts in the field of equipment manufacturing and emerging business showed year-on-year growth of 16.7% and 5.7%, respectively, indicating that the company is making real progress in the transition to the an "industrial producer" and is building up production forces of a new quality.

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