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.

OVERSEAS REGULATORY ANNOUNCEMENT

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

The following sets out the "Announcement on Bid-winning of a Major Project of China Railway Construction Corporation Limited" published by China Railway Construction Corporation Limited (the "Company") on the website of the Shanghai Stock Exchange and newspapers in the PRC on 20 February 2020, for your reference only.

By order of the Board of Directors

China Railway Construction Corporation Limited

CHEN Fenjian

Chairman

Beijing, the PRC

20 February 2020

As at the date of this announcement, the Board comprises Mr. CHEN Fenjian (Chairman and Executive Director), Mr. ZHUANG Shangbiao (President and Executive Director), Mr. CHEN Dayang (Executive Director), Mr. LIU Ruchen (Executive Director), Mr. WANG Huacheng (Independent Non-executive Director), Mr. Patrick SUN (Independent Non-executive Director), Mr. CHENG Wen (Independent Non-executive Director) and Ms. Amanda Xiao Qiang LU (Independent Non-executive Director).

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Stock Code: 601186

Stock Short Name: CRCC

Announcement No.: Lin 2020-018

CHINA RAILWAY CONSTRUCTION CORPORATION LIMITED ANNOUNCEMENT ON BID-WINNING OF A MAJOR PROJECT

The board of directors of the Company and all directors warrant that there are no false representations or misleading statements contained in, or material omissions from this announcement, and severally and jointly accept responsibilities for the truthfulness, accuracy and completeness of this announcement.

Recently, a consortium comprising the subsidiaries of the Company, including China Railway Construction City Construction Investment Co., Ltd. ( 中 鐵 建 城 市 建 設 投 資 有 限 公 司) and other entities, won the bid for the Phase I Project of the High Speed Rail New District in Anqing City. The project adopts the model of "Investor

  • EPC". The total investment of the project amounted to approximately RMB4.083 billion with a cooperation term of 6 years, including a construction period of 4 years.

The project capital accounts for 20% of the total investment. The registered capital of the project company amounted to RMB100 million, which is contributed by Anqing City Transportation Investment Co., Ltd. ( 安 慶 市 交 通 投 資 有 限 公 司) and the bid-winning social capital party at a shareholding ratio of 20%:80%. The funds other than the project capital will be raised by the project company, as the financing entity, through bank loans.

The bidding for the project was considered and approved at the 33rd meeting of the fourth session of the board of directors of the Company.

Announcement is hereby given.

The Board of Directors of

China Railway Construction Corporation Limited

20 February 2020

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CRCC - China Railway Construction Corporation Limited published this content on 19 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 February 2020 09:12:01 UTC