Jin Rong Jie·2025-08-06 08:43Core Viewpoint - The article highlights the performance of the Shanghai Composite Index and the Hang Seng Index on August 6, along with the premium of China Railway Signal & Communication Corporation (China Tonghao) in the A/H share market, indicating its position as a leading provider in the rail transit control system industry [1][2]. Company Overview - China Railway Signal & Communication Corporation, referred to as China Tonghao, is a large central enterprise directly supervised by the State-owned Assets Supervision and Administration Commission (SASAC) [1]. - The company specializes in rail transit control technology and is recognized as a global leader in providing rail transit control systems [1]. - China Tonghao has a complete industrial chain that includes investment and financing, design and research, system integration, equipment manufacturing, engineering services, and operation maintenance [1]. - The company is responsible for the formulation of equipment standards, technical standards, and product standards for rail transit control systems in China [1]. Financial Performance - China Tonghao has achieved an A-grade in operational performance assessments for four consecutive years [1]. - The company successfully listed on the Hong Kong Stock Exchange in 2015 and became the first central enterprise and the first A+H share company to be listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board in 2019 [1].