China Railway Signal & Communication Corporation (688009.SH) won contracts for approximately 4.567 billion yuan in important rail transit projects from November to December.

18:13 20/01/2025

China Communications Construction Company Ltd. (688009.SH) has released an announcement: From November to December 2024, the company will be involved in the railway transportation market...

China Railway Signal & Communication Corporation (688009.SH) announced that from November to December 2024, the company has successfully won sixteen important projects in the rail transportation market, including nine in the railway market and seven in the urban rail transportation market. The total amount of the above projects is approximately RMB 4.567 billion, accounting for about 12.34% of the company's audited operating income in 2023 under Chinese Accounting Standards. Due to the staggered implementation of these projects across years, there is uncertainty about the impact on the current performance; if the above projects sign formal contracts and are successfully implemented, it is expected to have a positive impact on the company during the project execution period.

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