China Railway Signal & Communication Wins 3.4 Billion Yuan in Rail Transit Contracts

MT Newswires Live

03-28

China Railway Signal & Communication (HKG:3969, SHA:688009) secured eight contracts worth 3.42 billion yuan from January to February, according to a Thursday filing on the Hong Kong Exchange.

Major deals include a 1.1 billion yuan contract for the Xiong'an-Beijing Daxing Express and a 621 million yuan contract for Jiangmen-Pearl River Delta High-Speed Rail.

The company also won a 613 million yuan contract for Algiers Metro Line 1 expansion and a 227 million yuan contract for the Perth HCS renovation.

Other projects include a 368 million yuan deal for the Shenzhen-Shenshan Cooperation Zone Railway and a 202 million yuan contract for Shijiazhuang Urban Rail Transit Line 4.

Two Chengdu projects, worth 290 million yuan, cover communication and signal systems.

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