China CRRC: Recently signed major contracts totaling approximately 53.31 billion yuan

CRRC Corporation Limited announced that the company and its subsidiaries have recently signed several major contracts with a total value of approximately 53.1 billion yuan. Among them, the sales contract for wind power and energy storage equipment is about 16.65 billion yuan, the contract for advanced maintenance of EMU trains is about 12.04 billion yuan, the sales and maintenance contracts for urban rail vehicles and others are about 11.16 billion yuan, the sales and maintenance contracts for locomotives are about 9.95 billion yuan, the sales contract for power concentrated EMU trains is about 2.21 billion yuan, and the passenger car repair contract is about 1.3 billion yuan. The total value of the contracts accounts for approximately 21.6% of the company's revenue in 2024.