Ge Long Hui A P P·2025-07-23 08:19Core Viewpoint - China Communications Signal (688009.SH) has won bids for seven significant projects, primarily in the railway sector, totaling approximately RMB 1.431 billion, which is about 4.41% of the company's audited revenue for 2024 [1] Railway Market Summary - Five railway projects were won, including: - Nanjing Shangyuanmen Cross-River Passage with a bid amount of RMB 295 million - New Shanghai-Nanjing-Hefei High-Speed Railway Nanjing Hub remaining works with a bid amount of RMB 128 million - Pingshan South to Anguo Town capacity expansion project with a bid amount of RMB 120 million - New Fuyang to Mengcheng to Suzhou (Huaibei) railway project with a bid amount of RMB 115 million - Additional project for signal equipment with a bid amount of RMB 110 million [1] Urban Rail Transit Market Summary - Two urban rail transit projects were secured, including: - Xiamen Line 6 signal and monitoring system integration project with a bid amount of RMB 468 million - Beijing Subway Line 5 signal system upgrade project with a bid amount of RMB 195 million [1] Financial Impact Summary - The total bid amount of approximately RMB 1.431 billion is expected to have a positive impact on the company's performance during the project execution period, although the impact on 2025's performance remains uncertain due to the projects being implemented over multiple years [1]