公告日期：2026-03-31

About This Report

This report is the 18th consecutive Environmental, Social and Governance (ESG) Report and Sustainability Report
issued by China Railway Group Limited (CREC), aiming to disclose the Company's ESG strategy, management
systems, practical initiatives, and key performance, while addressing key ESG issues of various stakeholders.

Reporting frequency

The Report is an annual report, covering the period from January 1, 2025 to December 31, 2025. To enhance
comparability and forward-looking perspective, certain content extends beyond this timeframe.

Reporting scope

The scope of this report encompasses CREC and all its subsidiaries.

Title description

In this report, China Railway Group Limited is also referred to as "CREC", "the Company", and "we/us". Please
refer to the Appendix "Terms and Definitions" for the full names and short names of CREC's subsidiaries.

References

2030 Agenda for Sustainable Development released by the United Nations

Reference Indicator System for the ESG Special Report of Listed Companies Controlled by Central Enterprises
issued by the State-owned Assets Supervision and Administration Commission of the State Council ("SASAC")
Sustainability Disclosure Standards for Business Enterprise-Basic Standard (Trial) issued by the Ministry of
Finance of the People's Republic of China

Appendix C2 Environmental, Social and Governance Reporting Code to the Hong Kong Exchanges and
Clearing Limited's Listing Rules

Guidelines No.14 of Shanghai Stock Exchange for Self-Regulation of Listed Companies-Sustainability Report
(Trial), and Guide No.4 for Self-Regulatory Supervision on Listed Companies of the SSE-Compilation of
Sustainable Development Reports issued by Shanghai Stock Exchange

Guidelines on Sustainable Development Reporting for Chinese Enterprises (CASS-ESG 6.0) issued by Chinese
Academy of Social Sciences

Access to the report

This report is published in both Chinese and English. In case of discrepancies……
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