Sou Hu Cai Jing·2025-05-18 20:07Summary of Key Points Core Viewpoint - China CRRC Corporation Limited (China CRRC) is actively involved in providing guarantees for its investments, particularly in the Dubai Metro Blue Line project, indicating a strategic approach to international projects and financial management [1][2][3]. Trading Information - On May 16, 2025, China CRRC's stock closed at 7.28 yuan, down 0.95%, with a turnover rate of 0.24%. The trading volume was 585,000 shares, resulting in a transaction amount of 426 million yuan [1]. - The capital flow on the same day showed a net outflow of 6.75 million yuan from main funds, a net inflow of 20.16 million yuan from speculative funds, and a net outflow of 13.41 million yuan from retail investors [1][3]. Company Announcements - China CRRC's wholly-owned subsidiary, China CRRC (Hong Kong) Co., Ltd., has provided a guarantee for its stake in the Dubai Metro Blue Line project company, MLCC BLUE LINE CONTRACTING L.L.C. The guarantee amount does not exceed 11.35 million dirhams (approximately 2.257 billion yuan) [1][3]. - The company has applied for a prepayment guarantee from the bank, with the guarantee amount set at 1.86 million dirhams (approximately 365 million yuan), covering prepayment obligations from May 15, 2025, to July 31, 2029 [2]. - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to 61.986 billion yuan, representing 36.73% of the company's audited net assets as of December 31, 2024, with no overdue guarantees reported [2].