Core Viewpoint - China CRRC Corporation Limited (01766) has recently signed several significant contracts totaling approximately 53.31 billion RMB, primarily scheduled between September and December 2025 [1][2] Group 1: Contract Details - The company’s subsidiaries signed wind power and energy storage equipment sales contracts totaling approximately 16.65 billion RMB with various entities including China Electric Power Construction Group and China Resources New Energy [1] - The company’s subsidiary responsible for high-speed trains signed advanced maintenance contracts worth approximately 12.04 billion RMB with various bureaus under China National Railway Group [1] - Contracts for urban rail vehicles, equipment sales, and maintenance worth approximately 11.16 billion RMB were signed with Hefei Urban Rail Group, Shenyang Metro Group, and São Paulo Metro Line 4 Concessionaire [1] Group 2: Additional Contracts - The company’s locomotive subsidiary signed locomotive sales and maintenance contracts totaling approximately 9.95 billion RMB with entities including China National Railway Group and Kazakhstan National Railway Freight Transportation [2] - Advanced train set sales contracts worth approximately 2.21 billion RMB were signed with China National Railway Group [2] - Passenger car repair contracts totaling approximately 1.3 billion RMB were signed with various bureaus under China National Railway Group [2] Group 3: Financial Impact - The total value of these contracts represents approximately 21.6% of the company's projected revenue for 2024 under Chinese accounting standards [2]
中国中车(01766)及下属企业近三个月合计签订约533.1亿元的重大合同