Zhi Tong Cai Jing·2025-11-25 12:18Core Viewpoint - China Communications Signal (03969) has won ten significant projects from September to October 2025, with a total bid amount of approximately RMB 25.39 billion, which is about 7.82% of the company's audited revenue for 2024 under Chinese accounting standards [1][2]. Group 1: Railway Market Projects - The company secured five major projects in the railway market, including: - New construction of the Sichuan-Tibet Railway Ya'an to Kangding section "Four Electrifications" project with a bid amount of RMB 388 million [1] - Procurement project for the 350 km/h Fuxing Hao high-speed train's onboard equipment (CTCS-3 level train control system) with a bid amount of RMB 363 million [1] - Beijing suburban railway Northeast Ring Line project with a bid amount of RMB 254 million [1] - Communication engineering for the Jingguang High-speed Railway Wuhan-Guangzhou section with a bid amount of RMB 124 million [1] - Chengdu urban railway public transport renovation phase II project with a bid amount of RMB 106 million [1] Group 2: Urban Rail Transit Projects - The company also won five significant projects in the urban rail transit market, including: - Signal system integration project for Shanghai Metro Line 1 with a bid amount of RMB 551 million [1] - Mexico City STE light rail project with a bid amount approximately RMB 309 million [1] - Signal system installation project for Shanghai Metro Line 1 with a bid amount of RMB 189 million [1] - Signal system procurement project for the west extension of Shanghai Metro Line 12 with a bid amount of RMB 153 million [1] - Safety enhancement project for Changchun Metro Lines 3 and 4 with a bid amount of RMB 102 million [1]