China Railway Group Limited(601390) (601390) announced on January 17 that the cumulative newly signed contract amount in 2021 was 2729.32 billion yuan, a year-on-year increase of 4.7%. Among them, the newly signed contract amount of railway business increased by 22% year-on-year, the newly signed contract amount of highway business decreased by nearly 28% year-on-year, and the newly signed contract amount of real estate development business decreased by more than 15% year-on-year. In the fourth quarter of 2021, the total amount of newly signed contracts was 1262.97 billion yuan.