China Railway Signal & Communication Corporation (CRSC): Won the bid for 5 rail transit projects with a total bid amount of approximately 8.92 billion yuan.

China Railway Signal & Communication Corporation announced that from January to February 2026, the company has won bids for 5 major projects, including 4 in the railway market and 1 in the urban rail transit market, with a total bid amount of approximately 892 million yuan, accounting for about 2.57% of the company's audited total revenue in 2025. The projects have been publicly announced but formal contracts have not yet been signed, so there is uncertainty. Due to the phased implementation of the projects spanning years, there is also uncertainty in the impact on the current performance.