Jin Rong Jie·2025-08-13 08:40Group 1 - The core point of the article highlights the performance of the Shanghai Composite Index and the Hang Seng Index, with the former rising by 0.48% to close at 3683.46 points and the latter increasing by 2.58% to close at 25613.67 points [1] - China Railway Signal & Communication Corporation (referred to as China Tonghao) has an AH premium of 71.64%, ranking 47th among AH shares [1] - As of the close, China Tonghao's A-shares were priced at 5.46 yuan, reflecting a 0.55% increase, while its H-shares were priced at 3.48 Hong Kong dollars, showing a decline of 1.14% [1] Group 2 - China Tonghao is a large central enterprise directly supervised by the State-owned Assets Supervision and Administration Commission, specializing in rail transit control technology and is a global leader in rail transit control systems [1] - The company possesses a complete industrial chain that includes investment and financing, design and research, system integration, equipment manufacturing, engineering services, and operation maintenance [1] - China Tonghao has been awarded an A grade in the central enterprise performance assessment for four consecutive years and successfully listed on the Hong Kong Stock Exchange in 2015, becoming 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]