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

MT Newswires Live
28 Mar

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10