China Railway held a 2022 mid -term performance briefing meeting

On the morning of August 31, China Railway's mid -term performance briefing was held in Beijing. The meeting was carried out in a combination of "on -site+telephone". Chen Wenjian, executive director and president of the company, Sun Cui, chief accountant, and He Wen, secretary of the board of directors attended the meeting. The person in charge of the company's headquarters attended the meeting. Investors of companies such as Cinda assets, Great Wall Assets, and other companies, as well as CITIC Securities, Guosheng Securities, Tianfeng Securities, Huatai Securities, Zhongtai Securities, Wells Guota Fund, UBS Securities, Huili Fund, etc. Investors, and individual investors attend the meeting through different ways. The meeting was chaired by He Wen.

During the interactive communication stage, Chen Wenjian, Sun Cuang, and He Wen respectively issued problems such as the "second curve" operation of the company's "second curve", the development strategies of water conservancy, hydropower and real estate business, changes in order rhythm in the first and second quarters, and the prospects of development prospects in the second half of the year. A detailed answer was performed.

Chen Wenjian thanked investors for their long -term care, support and help in China China Railway. He said that in the first half of the year, China Railway, in accordance with the deployment of the Party Central Committee, adhered to the general tone of the work of "steady progress", and actively responded to the two main lines of quality and efficiency and prevention and control risks. Realizing 1211.94 billion yuan in the new signing contract, an increase of 17.2%year -on -year; total operating income of 560.59 billion yuan, an increase of 12.5%year -on -year; net profit was 16.83 billion yuan, a year -on -year increase of 17.2%. one. The company was evaluated by the SASAC's 2021 operating performance assessment "A" level, realized "9 consecutive A", and was awarded the "A" level and term performance of the performance performance "A" in 2019-2021. Scientific and technological innovation prominent contribution companies.

Chen Wenjian said that in the second half of the year, China Railway was confident in completing the annual production and operation goals. Confidence stems from macro policies. my country's economy is stable and good, and the fundamental fundamentals have not changed for a long time. The State Council has stabilized the economy of the economy to accelerate the implementation, accelerated the use of special bonds, and accelerated the "stable growth" policy effect, creating a space for enterprises. Confidence stems from the opportunity of the construction industry. Whether it is traditional areas such as railways, highways, municipalities, and urban rails, or emerging areas such as water conservancy and hydropower, sea wind power, environmental protection engineering, there is still much room for incremental and stock markets, and industry development still has the opportunity and potential. Confidence comes from the foundation of the enterprise itself. After years of reform and development, China Railway has accumulated the ability and experience to deal with various difficulties and challenges, defeat various difficulties and obstacles, and create a team of cadres and employees with loyalty, dare to win, excellent quality, and strong style, and form formed The pioneer corporate culture of "Fengfeng Road and Falling Water Bridge" laid the foundation for the realization of high -quality development.

Chen Wenjian pointed out that the company's key tasks in the second half of the year are: First, to go all out to steady growth, firmly put the steady growth work first, and unswervingly find a way to find a way around the "eight full strengths". The second is to promote the implementation of large business management, carry out three -year operation of project management benefits, and do a good job in the project's income and efficiency. The third is to effectively grasp the management of cash flow, promote the normalization of positive operating cash flow, and provide sufficient funding for corporate development. The fourth is to continue to deepen corporate reform, decide to win the three -year operation of state -owned enterprises, promote the reform of the three systems in depth, and accelerate the construction of world -class enterprises. The fifth is to do a good job of "7+4" special governance, starting from consolidating the basic management of the enterprise, and transforming the special governance results into corporate reform and development results. Sixth, strictly adhere to the bottom line of risk prevention and control, effectively do a good job of safety production, and strengthen the governance of losing projects.

At the meeting, Sun Cui and He Wen introduced the company's basic situation, mid -term performance in 2022, and the company's future development opportunities and prospects.

The performance briefing will show the company's operating conditions and operating results in the first half of 2022, show the company's comprehensive implementation of the Party Central Committee's "epidemic situation to prevent, economic stability, development and safety" decision -making, anchor "four increases and two increases and two increases Control four "improvement" work goals, focus on quality improvement and efficiency, prevention and resolution of major risks, actively build a large business management system, promote the improvement of project management efficiency, maintain the efforts of many parties made in the production and operation of smooth operations, and multi -channel and investment Interactive exchanges have been interactive, further enhancing investors' sense of identity, and also conveyed confidence in the company's annual setting goals and high -quality development to the capital market.

Editor -in -chief 丨 Li Yuan, Shen Su

Editor -in -chief 丨 Shao Army

Content source 丨 Office of the Board of Directors of the Co., Ltd.

China China Railway Finance Media Center

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