UniTTEC (SHE:000925) won the bid for a communications-based train control or CBTC signaling system localization transformation project for 238.2 million yuan.
The signaling system will be for the Shenyang Metro Line 1 in China, according to a Shenzhen Stock Exchange disclosure on Thursday.
Shenyang Metro Group was the tenderer of the project, the Chinese rail transit said.
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