Ningxia Western Venture Industrial's (SHE:000557) unit, Ningxia Ningdong Railway, plans to update and transform its railway dispatch and command system for 95.8 million yuan, according to a Shenzhen Stock Exchange filing on Wednesday.
The railway company will update and digitalize its railway dispatch and command system as part of its modernization plans. The upgrading works are expected to run for a year, the Chinese winemaker said.
The company's shares closed over 1% higher on Wednesday.
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