CRRC Corporation (01766) and its subsidiaries have signed a total of approximately 53.1 billion yuan worth of major contracts in the past three months.

CRRC Corporation (01766) announced that the company and its subsidiaries have recently (mainly from September to December 2025) signed several significant contracts, with a total amount of approximately 53.31 billion RMB. The details are as follows: 1. The company's subsidiaries have signed wind power equipment sales contracts and energy storage equipment sales contracts with Power Construction Corporation of China, Ltd. (POWERCHINA Group Central South Survey and Design Research Institute Co., Ltd., China Resources New Energy (Yiwu) Co., Ltd., CHINA GREEN Electric (Ruoqiang) Energy Storage Technology Co., Ltd., Inner Mongolia Energy Group Huade Electric Energy Storage New Energy Co., Ltd.) totaling approximately 16.65 billion RMB. 2. The company's subsidiary high-speed train enterprises have signed high-speed train group senior maintenance contracts with various bureaus under China State Railway Group Co., Ltd., totaling approximately 12.04 billion RMB. 3. The company's subsidiaries have signed urban rail vehicle, equipment sales and maintenance contracts with Hefei Rail Transit Group Co., Ltd., Shenyang Metro Group Co., Ltd., and Brazil Sao Paulo Metro Line 4 Concession Company (CONCESSIONRIA DA LINHA 4 DO METR DE SO PAULO S.A) totaling approximately 11.16 billion RMB. 4. The company's locomotive enterprises have signed locomotive sales and maintenance contracts with various bureaus under China State Railway Group Co., Ltd., China Railway 11th Bureau Group Third Engineering Co., Ltd., and Kazakhstan National Railway Freight Limited Liability Company (KTZ Freight Transportation LLC) totaling approximately 9.95 billion RMB. 5. The company's high-speed train enterprises have signed power concentrated high-speed train group sales contracts with China State Railway Group Co., Ltd. totaling approximately 2.21 billion RMB. 6. The company's subsidiaries have signed passenger car repair contracts with various bureaus under China State Railway Group Co., Ltd., totaling approximately 1.3 billion RMB. The total amount of the above contracts accounts for approximately 21.6% of the company's operating income in accordance with Chinese accounting standards in 2024.