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.

中 國 中 鐵 股 份 有 限 公 司

CHINA RAILWAY GROUP LIMITED

(A joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 390)

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

Please refer to the attached "Announcement of China Railway Group Limited on Winning of Bids for Material Projects" published by China Railway Group Limited on the Shanghai Stock Exchange website on 20 August 2020 for your information.

By Order of the Board

China Railway Group Limited

Zhang Zongyan

Chairman

20 August 2020

As at the date of this announcement, the executive directors of the Company are ZHANG Zongyan (Chairman), CHEN Yun, WANG Shiqi and ZHANG Xian; the independent non-executive directors are GUO Peizhang, WEN Baoman, ZHENG Qingzhi and CHUNG Shui Ming Timpson; and the non-executive director is MA Zonglin.

A Shares Stock Code: 601390

A Shares Stock Name: China Railway

Announcement No.:

H Shares Stock Code: 00390

H Shares Stock Name: China Railway

Lin 2020-054

Announcement of China Railway Group Limited on

Winning of Bids for Material Projects

The board of directors of China Railway Group Limited (the "Company") and all the directors hereby undertake that this announcement does not have any false or misleading statements or any material omissions, and assume the joint and several liabilities for the truthfulness, accuracy and completeness of the contents.

Recently, the Company has won the bids for the following material projects:

Unit: RMB10,000 Currency: RMB

Serial

Company Winning

Bid Amount

Contractual

Bidding Projects

of the

Project

No.

the Bid

Company

Duration

Railway Projects

China Railway No. 1

Engineering Group

Co., Ltd., China

Sections

HSHZQ-5, 6

and 7 of

the

civil

Railway No. 2

engineering and relating construction project

1,461

1

Engineering Group

837,288

of the new Shanghai

- Suzhou-

Huzhou

calendar days

Co., Ltd., China

Railway (excluding the early start section)

Railway Guangzhou

Engineering Group

Co., Ltd.

China Railway No. 8

EPC contract for the civil engineering and

relating

construction

project

of

the

1,264

2

Engineering Group

103,116

introduction of the new Guiyang - Nanning

calendar days

Co., Ltd.

Railway to Guiyang hub

China Railway

Section NCSD of the EPC contract for

3

Electrification

buildings and ancillary facilities construction

61,938

18 months

Engineering Group

project of the new Nanning - Chongzuo

Co., Ltd.

Railway

Highway Project

China Railway No. 1

Section JHK-HA4 of the main construction

project of the reconstruction and expansion

4

Engineering Group

50,947

29 months

project of

Huai'an - Jiangdu Segment of

Co., Ltd.

Beijing - Shanghai Expressway

Municipal and Other Projects

China Railway No. 3

EPC contract for the earthwork engineering

5

Engineering Group

project of Hengdong Mining Industry Co.,

641,738

5 years

Co., Ltd.

Ltd. in Lingshi County, Shanxi Province

China Railway Major

Section CT-A4 of the main construction

6

Bridge Engineering

project of Changtai Yangtze River Bridge

476,790

48 months

Group Co., Ltd.

(Cross-river Segment) in Jiangsu Province

7

China Railway Group

Section 3 of the EPC contract for Phase I

465,858

1,462

Limited

project of Xi'an Metro Line 10

calendar days

China Railway Group

Limited, China

Railway No. 1

Engineering Group

Co., Ltd., China

Railway No. 2

Engineering Group

Co., Ltd., China

Railway No. 3

8

Engineering Group

Phase II construction

project

of

Chengdu

436,961

1,462

Co., Ltd., China

Rail Transit Line 8

calendar days

Railway No. 5

Engineering Group

Co., Ltd., China

Railway No. 9

Engineering Group

Co., Ltd. and China

Railway Shanghai

Engineering Group

Co., Ltd.

China Railway

Southern Investment

Group Co., Ltd., China

Railway No. 1

Engineering Group

9

Co., Ltd., China

EPC contract for the

Phase

II

project of

431,281

-

Railway No. 2

Shenzhen Rail Transit Line 11

Engineering Group

Co., Ltd. and China

Railway No. 8

Engineering Group

Co., Ltd.

China Railway No. 9

Engineering Group

Co., Ltd., China

Elevated project of

Yingbin Road in

the

Railway No. 1

second

channel

of

Harbin

Airport

Engineering Group

2020.7.15

10

(reconstruction of

the provincial

highway

348,746

Co., Ltd., China

-2021.11.25

working as the old airport road) - Phase I

Railway No. 8

project

Engineering Group

Co., Ltd. and other

parties

China Railway No.10

Infrastructure

and

auxiliaries project of

the

Engineering Group

11

road in

the

east

of Jinming Avenue

in

229,200

45 months

Co., Ltd. and other

Kaifeng City

parties

China Railway

12

Electrification

Sushan River East Plot project of 2019-57

178,791

900 calendar

Engineering Group

railway logistics park in Xuzhou City

days

Co., Ltd.

China Railway

Guangzhou

Civil engineering

construction project

of

Engineering Group

Suzhou

Rail Transit

Line

7 (batch II) and

151,686

1,448

13

Co., Ltd. and China

Line 8 (batch IV) - Sections VII-TS-01 and

calendar days

Railway No.3

VII-TS-03

Engineering Group

Co., Ltd.

China Railway Beijing

Section I of the renovation project (Sector I)

14

Engineering Group

of the shanty town in Area A of Phase VI of

71,772

720 calendar

Co., Ltd. and other

Future Home, Zhoukou Harbour District,

days

parties

Zhoukou City

China Railway

Section 2 of Phase I of the construction

15

Shanghai Engineering

project of the east campus of Xuzhou

66,747

411 days

Group Co., Ltd.

University of Technology

China Railway Beijing

Section 1 of the EPC contract for 5# land of

16

Engineering Group

the start-up area of the Airport International

56,243

-

Co., Ltd.

Village of the Hefei Overseas Chinese Town

China Railway Beijing

Renovation project

of the

shanty town in

960 calendar

17

Engineering Group

Wushi Bu resettlement site in

Shangpai

53,017

days

Co., Ltd.

Town, Feixi County, Hefei City

China Railway No.5

EPC

contract

for

the

Intelligent

18

Engineering Group

Manufacturing

and

Innovation

Industrial

52,060

365 calendar

Co., Ltd. and other

Park (Phase I) project in Jinghe New City,

days

parties

Xixian New Area, Shaanxi Province

China Railway No.5

Renovation projects

including

Xiaokang

600 calendar

19

Engineering Group

Embankment

around

Baihua

Lake in

50,367

days

Co., Ltd.

Guiyang City

China Railway

Engineering

EPC contract for the construction project of

Consulting Group Co.,

the bridge over the railway on Hefen First

730 calendar

20

Ltd. and China

50,246

Road (Phase

I) in

Linfen City, Shanxi

days

Railway Major Bridge

Province

Engineering Group

Co., Ltd.

The above bids amounted to approximately RMB48,147.92 million in aggregate, representing approximately 5.67% of the operating revenue of the Company in 2019 prepared under the China Accounting Standards.

Notice is hereby given.

The Board of Directors of China Railway Group Limited

21 August 2020

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China Railway Group Limited published this content on 20 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 August 2020 10:30:01 UTC