China Railway Construction Corporation: By 2025, real estate development business will achieve revenue of 66.564 billion yuan and gross profit of 5.727 billion yuan | Financial Highlights

On March 30, China Railway Construction Co., Ltd. (CRCC) released its 2025 annual report.

The report shows that in 2025, the total value of newly signed contracts was 3,076.497 billion yuan, completing 100.5% of the annual plan. For the full year, operating revenue totaled 1,029.7845 billion yuan, and total profit was 26.9330 billion yuan. Among them, the real estate development business achieved revenue of 66.564 billion yuan, gross profit of 5.727 billion yuan, and a gross profit margin of 8.6%.

The report shows that CRCC is one of 16 central state-owned enterprises, as clearly designated by the State-owned Assets Supervision and Administration Commission of the State Council, with real estate development as its primary business. Its business layout adheres to the principles of consolidation and focus. The company concentrates efforts on deepening development and expansion in core cities such as Beijing, Shanghai, Guangzhou, Chengdu, Xi’an, Hefei, Hangzhou, among others. The business adopts a business model of “with residential development as the main focus and other industries as a supplement,” and actively participates in the development and construction of government-subsidized affordable housing and buy-back housing. In 2025, the group worked to strengthen marketing and inventory reduction. On the investment side, it further strengthened risk control, implemented targeted investments, and prudently and steadily reserved high-quality land.