Group 1 - China CRRC (01766) saw a morning increase of 5.16%, currently trading at 6.11 HKD with a transaction volume of 187 million HKD [1] - On August 19, the China State Railway Group announced the tender for the second batch of 350 km/h Fuxing intelligent train sets for 2025, involving 108 sets of 8-car ordinary type and 210 sets of 8-car Fuxing train sets [1] - China Galaxy Securities noted that the second batch of train set tenders exceeded expectations, with a total of 278 sets of 350 km/h train sets tendered by the China State Railway Group this year, compared to 265.5 sets last year [1]

Market Overview - The Hong Kong stock market experienced a collective decline in the morning session, with the Hang Seng Index down by 0.1%, the Hang Seng China Enterprises Index down by 0.32%, and the Hang Seng Tech Index down by 0.51% [1] Sector Performance - Major technology stocks mostly fell, with Xiaomi and Baidu down by 2.4%, Meituan down by 1.49%, while Alibaba and JD.com saw slight declines. Tencent and Kuaishou managed to stay in the green [1] - Pharmaceutical stocks surged, particularly internet healthcare stocks, with Dingdang Health rising over 21% and Ping An Good Doctor up by 12% [1] - Infrastructure-related stocks showed strength, especially high-speed rail construction stocks, with China CRRC rising over 5% [1] - Consumer electronics, oil, rare earth, and electric power stocks were generally active [1] Weak Performers - The film and entertainment sector, lithium battery stocks, automotive stocks, robotics concept stocks, and gold stocks mostly weakened. Notably, Changfei Optical Fiber Cable, which recently hit a historical high, fell over 12%, and "stock king" Laopu Gold dropped by 5.69% [2]

Core Viewpoint - China CRRC (01766) shares rose over 4%, reaching HKD 6.07 with a trading volume of HKD 73.1552 million, following the announcement of a new procurement project by the China State Railway Group for high-speed trains [1] Group 1: Procurement Announcement - On August 19, the China State Railway Group released a tender for the second batch of 350 km/h Fuxing intelligent train sets for 2025, which includes 108 sets of 8-car standard trains, 30 sets of 8-car cold-resistant trains, and 72 sets of 16-car standard trains, totaling 210 standard sets [1] - The tender for the second batch of train sets exceeded expectations, with a total of 278 sets of 350 km/h train sets tendered this year, including 68 sets in April and the current 210 sets [1] - Last year, the total tendered train sets by the China State Railway and local railways amounted to 265.5 sets, indicating continued growth in the current year [1] Group 2: Maintenance and Repair Tenders - This year, the China State Railway has conducted two tenders for advanced repairs of train sets, totaling 663.5 sets, which includes 90.25 sets for level three repairs, 235.25 sets for level four repairs, and 338 sets for level five repairs [1] - The number of tenders for advanced repairs is slightly lower than the same period last year, but the overall tendering activity aligns with previous expectations for high levels of new train set construction and advanced repairs in 2025 [1]

Group 1 - China CRRC (601766) shares rose over 4%, currently up 4.48% at HKD 6.07, with a trading volume of HKD 73.1552 million [1] - On August 19, the China State Railway Group announced the second batch of procurement for the 350 km/h Fuxing intelligent train sets for 2025, involving 210 sets in total [1] - The procurement includes 108 sets of 8-car ordinary type, 30 sets of 8-car cold-resistant type, and 72 sets of 16-car ordinary type [1] Group 2 - China Galaxy Securities noted that the second batch of train set tenders for 2025 exceeded expectations, with a total of 278 sets tendered this year [1] - This figure includes 68 sets tendered in April and the current 210 sets, showing growth compared to last year's total of 265.5 sets [1] - Additionally, the total number of advanced repairs tendered this year is 663.5 sets, slightly lower than the same period last year, indicating a continued high level of demand for new train sets and advanced repairs [1]

Group 1 - China CRRC (01766) shares rose over 4%, reaching 6.07 HKD with a trading volume of 73.1552 million HKD [1] - On August 19, China State Railway Group announced the second batch of procurement for the 350 km/h Fuxing intelligent train sets for 2025, including 108 sets of 8-car ordinary type, 30 sets of 8-car cold-resistant type, and 72 sets of 16-car ordinary type, totaling 210 standard sets [1] - China Galaxy Securities noted that the second batch of train set tenders for 2025 exceeded expectations, with a total of 278 sets of 350 km/h train sets tendered this year, compared to 265.5 sets last year, indicating continued growth [1] Group 2 - The total number of advanced maintenance tenders for train sets this year reached 663.5 sets, slightly lower than the same period last year, which aligns with the expectation of maintaining high levels of new train set and advanced maintenance tenders for 2025 [1]

Group 1 - China CRRC (01766.HK) increased by 4.99% [1] - Times Electric (03898.HK) rose by 3.26% [1] - China Railway (00390.HK) saw a gain of 3.21% [1] - China Railway Construction (01186.HK) grew by 2.97% [1]

Core Viewpoint - China CRRC's stock price increased by 2.50% to 7.37 yuan on August 20, 2023, with a trading volume of 1,816,800 shares and a transaction amount of 1.337 billion yuan [1] Group 1: Company Overview - China CRRC is primarily engaged in the research, development, manufacturing, sales, and service of railway locomotives, urban rail transit vehicles, and construction machinery [1] - The company's product range includes high-speed trains, locomotives, passenger cars, freight cars, and urban rail metro vehicles, covering the entire spectrum of rail transit equipment [1] Group 2: Recent Developments - On August 19, 2023, China National Railway Group initiated the second batch of high-speed train procurement for 2025, planning to purchase 210 standard sets of Fuxing high-speed trains, with a total value of approximately 35.7 billion yuan [1] - This procurement represents the largest single-round Fuxing train tender by China National Railway Group in the past decade [1] - As the sole supplier of high-speed trains in China, China CRRC's four subsidiaries will handle all procurement orders [1] Group 3: Financial Insights - On August 20, 2023, the net inflow of main funds into China CRRC was 227.483 million yuan, with a net inflow of 18.7701 million yuan over the past five days [1]

金融界消息 截至2025年8月20日收盘，中国中车（601766）报收于7.37元，上涨2.5%，换手率0.75%， 成交量181.68万手，成交金额13.37亿元。 资金流向方面，今日主力资金净流入2.27亿元，占比成交额17.02%。其中，超大单净流入1.32亿元、占 成交额9.91%，大单净流入9501.97万元、占成交额7.11%，中单净流出流出2163.51万元、占成交额 1.62%，小单净流出20584.79万元、占成交额15.4%。 通过天眼查大数据分析，中国中车股份有限公司共对外投资了47家企业，参与招投标项目5000次，知识 产权方面有商标信息694条，专利信息30条，此外企业还拥有行政许可6个。 来源：金融界 中国中车最新一期业绩显示，截至2025一季报，公司营业总收入486.71亿元、同比增长51.23%，归属净 利润30.53亿元，同比增长202.79%，扣非净利润28.06亿元，同比增长320.20%，流动比率1.226、速动比 率0.896、资产负债率59.66%。 天眼查商业履历信息显示，中国中车股份有限公司，成立于2007年，位于北京市，是一家以从事铁路、 船舶、航空航天和其他 ...

Group 1 - The stock price of CRRC Corporation Limited (601766) closed at 7.25 yuan on August 15, 2025, down 3.07% from 7.48 yuan the previous week [1] - The highest intraday price for CRRC on August 13 was 7.6 yuan, while the lowest intraday price on August 15 was 7.25 yuan [1] - The current total market capitalization of CRRC is 208.07 billion yuan, ranking 1st in the rail transit equipment sector and 63rd among 5,152 A-shares [1] Group 2 - CRRC's wholly-owned subsidiary, CRRC (Hong Kong) Co., Ltd., provided a guarantee of 4.071 million dirhams (approximately 7.94 million yuan) for its associate company MLCC BLUE LINE CONTRACTING L.L.C [1] - The actual guarantee amount provided by CRRC is 1.379 billion yuan, which is not within the previously expected limit and has no counter-guarantee [1] - The total amount of external guarantees by the listed company and its controlling subsidiaries is 58.908 billion yuan, accounting for 34.90% of the latest audited net assets, with no overdue external guarantees [1] Group 3 - On January 6, 2025, the company approved a credit guarantee for the Dubai Metro Blue Line project, allowing the Hong Kong company to provide guarantees up to 11.35 million dirhams (approximately 22.57 billion yuan) [2] - MLCC BLUE LINE CONTRACTING L.L.C was established on February 19, 2025, in Dubai, with a registered capital of 300,000 dirhams (approximately 596,000 yuan), focusing on civil engineering, rail vehicle procurement and maintenance, and electromechanical system integration [2] - The main content of the performance bond includes a guarantee from the Hong Kong company for the Dubai project company, with a guarantee amount of 4.071 million dirhams, covering quality assurance obligations from July 3, 2025, to July 31, 2032, with automatic renewal until all responsibilities under the main contract are fulfilled [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 孫永才 中國•北京 2025年8月13日 （股份代碼：1766） 董事會會議通知 中國中車股份有限公司（「本公司」）董事會（「董事會」）謹此公佈，董事會將於2025年8 月22日（星期五）舉行董事會會議，藉以考慮及批准（其中包括）本公司及其子公司截至 2025年6月30日止六個月的未經審計的中期業績及考慮派發中期股息（如有）之建議。 承董事會命 中國中車股份有限公司 董事長 中國中車股份有限公司 CRRC CORPORATION LIMITED （於中華人民共和國註冊成立的股份有限公司） 於本公告日期，本公司的執行董事為孫永才先生及王銨先生；獨立非執行董事為史 堅忠先生、翁亦然先生及魏明德先生；職工董事為易冉女士。 ...