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 April 2021 for your information.

By Order of the Board

China Railway Group Limited

Chen Yun

Chairman

20 April 2021

As at the date of this announcement, the executive directors of the Company are Mr. CHEN Yun (Chairman), Mr. CHEN Wenjian and Mr. WANG Shiqi; the non-executive director of the Company is Mr. WEN Limin; the independent non-executive directors of the Company are Mr. CHUNG Shui Ming Timpson, Mr. ZHANG Cheng and Mr. XIU Long.

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 2021-21

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: 10,000 Currency: RMB

Serial

Company

Bid Amount

Bidding Projects

of the

Project Duration

No.

Winning the Bid

Company

Railway Projects

China

Railway

No. 5

Engineering Group Co.,

Ltd.,

China

Railway

Construction of sections CZXZZQ-3,

1

Guangzhou

CZXZZA-4 of the civil engineering of

1,102,771

115 months

Engineering Group Co.,

the two sections from Yaan - Linzhi

Ltd., China Railway No.

of the new Sichuan-Tibet Railway

2 Engineering

Group

Co., Ltd.

EPC contract for section CMSG-3 of

the civil engineering and relating

China

Railway

No. 4

construction project of

Maanshan

2

Engineering Group Co.,

Highway and Railway Bridge over

326,424

1826 days

Ltd.

the Yangtze River and its contact

line in the new Chaohu - Maanshan

Inter-city Railway

EPC contract for the construction of

China

Railway

No. 6

the Shenyang

hub reconstruction

3

Engineering Group Co.,

project of the new Shenyang -

152,123

1640 days

Ltd.

Baihe High

Speed

Railway

(Liaoning section)

4

China

Railway

No. 4

Construction of HHLJXZF-3 of civil

142,513

499 days

Engineering Group Co.,

engineering and construction of the

Ltd.

station of the new Huzhou -

Hangzhou

West

-

Hangzhou-Huangshan High Speed

Railway link

EPC contract for the construction of

China

Railway

the

station

and

supporting

5

Construction

production and living facilities of the

100,309

487 calendar days

Engineering Group

new Changde via Yiyang -

Changsha Railway

Highway Projects

Civil

engineering

construction of

China

Railway

No. 1

sections TJ6 and TJ11 of the

Engineering Group Co.,

reconstruction

and

expansion

6

Ltd., China Railway No.

project of the sections from Lufeng,

265,802

-

4

Engineering

Group

Shanwei to Longgang, Shenzhen of

Co., Ltd.

Shenyang

-

Haikou

National

Expressway

(sections

K0+000~K71+288.003)

Relaunch of bid (second bid) for

China

Railway Tunnel

sections K0+500 and K28+760 of

7

Group

Co.,

Ltd.

and

Daguan -

Yongshan

Expressway

171,538

36 months

other parties

(Yunnan) together with section 2 of

joint construction project

Municipal and Other Projects

China

Railway

and

EPC contract for Phase 1 of urban

1218 calendar

8

rail transit line 15 of Chongqing City

605,924

some subsidiaries

(K53+633.739 ~ K72+824)

days

EPC contract (relaunch of bid) for

9

China

Railway

and

the design of Xiongan New District

323,195

-

some subsidiaries

- Beijing Daxing International Airport

Express project

China

Railway No.

10

Engineering Group Co.,

10

Ltd., China Railway No.

EPC contract for section 1 for Phase

209,198

1026 calendar

4

Engineering

Group

2 of rail transit line 3 of Jinan City

days

Co.,

Ltd.

and

other

parties

China

Railway

No. 1

EPC contract for the integrated

11

Engineering Group Co.,

development

project

of

199,610

1064 days

Shangzhuang

Area

of

Chanba

Ltd.

Ecological Zone in Xi'an City

12

China

Railway

No.

EPC

contract for

the

construction

184,361

1095 calendar

China

Railway

No. 1

project of the eastern area (Lot A) of

days

Engineering Group Co.,

the High Speed Railway New Town

Ltd.

in Zunyi City

China

Railway

No. 1

Tsinghua

Technology &

Innovation

13

Engineering Group Co.,

Base project in Yuncheng, Shaanxi

178,569

20 months

Ltd.

City

EPC

contract

for

design,

China

Railway

No. 10

procurement and construction of the

1230 calendar

14

Engineering Group Co.,

urban village reconstruction of Taihu

169,343

days

Ltd. and other parties

Street,

Wencheng

Country,

Wenzhou City (Phase 2)

China

Railway

No. 5

EPC contract for section 1 of Phase

15

Engineering Group Co.,

1 of Jiangxi (Chengtou) Technology

164,082

900 calendar days

& Innovation Ecological New Town

Ltd. and other parties

project

China

Railway

No. 5

EPC contract for survey and design

16

Engineering Group Co.,

on Lot 2020NJY-18 in Nansha,

136,919

-

Ltd. and other parties

Guangzhou City

China

Railway

Electrification

Engineering Group Co.,

EPC contract for civil infrastructure

17

Ltd.,

China

Railway

project of Nanchang Rail Transit

136,847

580 calendar days

Construction

Industrial Park (Phase 1)

Engineering Group and

other parties

EPC contract of Block No. 1 and 4,

China

Railway

supporting common block and river

18

Construction

channel of the residential project

130,619

896 calendar days

Engineering Group

Phase 2 on Lots No. 2 and 3 in

Jinmeng Haiwan, Qinghuangdao

Section 2 project of the municipal

China

Railway

No. 4

underpass

underneath

Wenzhong

19

Engineering Group Co.,

Road, Hefei City (Langxi Road -

130,262

730 calendar days

Shaoquan

Street)

and

Dazhong

Ltd.

Road (Yuxi Road - Feidong

Boundary)

China

Railway

No. 1

EPC contract of the construction

20

Engineering Group Co.,

project of the South Zone of Xian

123,123

600 days

Traditional

Chinese

Medicine

Ltd.

Hospital

China

Railway

No. 3

Road Construction

of

Shanghai

21

Engineering Group Co.,

West Road, Yinchuan City (Huibei

121,953

12 months

Ltd.

Lane - Xingzhou North Street)

22

China

Railway

No. 4

Subsidence project

of the

junction

105,252

1085 days

Engineering Group Co.,

hub section of Longgang

Avenue,

Ltd.

Shenzhen City (non-inseparable

section)

China

Railway

23

Construction

EPC contract for Lot No. 2020G68

101,913

940 days

Engineering Group and

(Phase 1 of Andemen Market)

other parties

EPC

contract

for

survey-design-construction of the

China Railway

No. 2

residential,

commercial

and

calendar

24

Engineering Group Co.,

supporting

construction

project

on

101,251

1320

Ltd. and other parties

the land

of 109 mu for

the

days

international

community

in Tianfu

Centre, Xinglong Street, Tianfu New

Town, Chengdu City

China Railway No. 10

Phase 2 of Project Kangyang Town

25

Engineering Group Co.,

(overlooking

Sandan

Lake)

in

100,897

540 calendar days

Ltd.

Chongqing City

The above bids amounted to approximately RMB54,847.98 million in aggregate, representing approximately 5.65% of the operating revenue of the Company in 2020 prepared under the China Accounting Standards.

Notice is hereby given.

The Board of Directors of China Railway Group Limited

21 April 2021

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China Railway Group Limited published this content on 20 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2021 11:24:00 UTC.