Recently, China Railway Signal & Communication Corporation (03969) won a major project bid worth 3.789 billion yuan.

China Railway Signal & Communication Corporation (03969) announced that from March to April 2025, the company has won bids for a total of eleven important projects in the rail transportation market. Among them, eight important projects were awarded in the railway market, including the Inner Mongolia ERDOS Resources Dalat Economic Development Zone Three Liang Railway Special Line Investor+EPC+Operation Integration Project, with a winning bid of RMB 697 million; The Shijiazhuang to Xiong'an New Area Railway "Four Electric" and related engineering "Weak Electric" System Integration SXRD section project, with a winning bid of RMB 489 million; The Hefei-Fuzhou High-speed Railway Fujian section public network coverage 5G transformation project survey design construction integration service project, with a winning bid of RMB 288 million; The Hami East Station Capacity Expansion and Renovation Project ZH section project, with a winning bid of RMB 200 million; the new Shanghai to Nanjing to Hefei high-speed railway Shanghai section, the new Shanghai to Nanjing to Hefei high-speed railway Nanjing Hub (North Bank area) and Nantong area engineering, the new Shanghai to Nanjing to Hefei high-speed railway Jiangsu section CR group management material wireless interlocking center RBC (including centralized control center, computer interlocking, temporary speed restriction server, wireless interlocking center RBC) package bidding project, with a winning bid of RMB 158 million; The new Chongqing to Kunming high-speed railway Yungui section Sichuan-Yunnan provincial boundary to Songming (excluding) section engineering signal cable project, with a winning bid of RMB 145 million; The 350 km/h high-speed train CRH group supporting onboard equipment (CTCS-3 level train control system onboard equipment) procurement project, with a winning bid of RMB 126 million; The new Shiheng Canggang intercity railway Henghuang section station rear, station building and related engineering SGDJ-KF section project, with a winning bid of RMB 116 million; Won three important projects in the urban rail transportation market, including the Dubai Metro Blue Line project communication system, signal system, comprehensive monitoring system, maintenance management system (MMS), and virtualization cloud platform supply integration installation project, with a winning bid equivalent to approximately RMB 1.329 billion; The Shenyang Metro Line 9 Phase II project signal system integration project, with a winning bid of RMB 123 million; The Wuhan Rail Transit Line 1 signal system and supporting project update and renovation installation project Phase I project, with a winning bid of RMB 118 million. The total winning bid amount for the above projects is approximately RMB 3.789 billion, accounting for approximately 11.67% of the company's audited operating income in 2024 under Chinese accounting standards.