The invention relates to a run-through type non-split-phase balanced power supply electrified railway traction system, belonging to the technical field of railway electric traction power supply. The system comprises traction transformators, all sections of traction networks and current equalizers, wherein, each section of traction power supply network is provided with an energy distribution regulating machine which mainly consists of a main controller, a driver, an electronic power switch bridgearm, a support capacitance arm, three electric current sensors, three voltage transducers and three reactors; A phase of the output end of each traction transformator is connected with the traction power supply network, B phase thereof is connected with the energy distribution regulating machines, and C phase thereof is connected with a steel rail; the main controller of each of the energy distribution regulating machine is connected with a control center. The invention has the advantages that split-phase power supply is changed into non-split-phase power supply, and great run-through of the traction contact network can be realized, so that safe, high speed and high-efficiency running of train can be guaranteed.