Subsidiary of China Railway High-Speed Electrification Equipment Corporation (688285.SH) wins bid for a project worth 71.76 million yuan.

China Railway High-Speed Electrification Equipment Corporation (688285.SH) announced that its holding subsidiary, Baoji Baodeli Electric Equipment Co., Ltd. (referred to as "Baodeli"), recently received a "winning bid notice" from Jiangsu Limited Company of Yangtze River Coastal Railway Group. The winning bid project is the construction of the Shanghai-Nanjing-Hefei high-speed railway Hu-Ning section (Jiangsu section), with a bid amount of 71.7616 million yuan (including taxes). The winning bid project involves the key components of the overhead contact system for the national railway group-supplied materials (four electrical materials) for the construction of the Shanghai-Nanjing-Hefei high-speed railway Hu-Ning section (Jiangsu section), including the base of the arm, arm device, and positioning device (JC08).