CRRC signs RMB 51.64 billion worth of rail-equipment and new-energy contracts, equal to 18.9% of 2025 revenue

Bulletin Express06-30

CRRC Corporation Limited announced that its subsidiaries secured contracts totaling RMB 51.64 billion (about USD 7.10 billion) between April and June 2026, representing roughly 18.9% of the group’s 2025 revenue under PRC accounting standards.

The new orders span eight business segments:

1. Multiple Units (MUs): Sales agreements reached RMB 12.65 billion. 2. Freight Wagons: Contracts amounted to RMB 10.04 billion. 3. Advanced Overhaul of MUs: Service contracts totaled RMB 8.59 billion. 4. Urban Rail Transit Vehicles & Maintenance: Orders came to RMB 6.03 billion. 5. Locomotives & Maintenance: New deals reached RMB 5.75 billion. 6. Power-Concentrated MUs: Contracts amounted to RMB 4.15 billion. 7. Overhaul of Passenger Carriages: Agreements totaled RMB 2.34 billion. 8. Wind Power & Energy Storage Equipment: Sales orders added RMB 2.09 billion.

The contract mix underscores CRRC’s core strength in rail transportation—accounting for more than 90% of the total value—while highlighting ongoing diversification into renewable-energy equipment. All agreements were signed by various subsidiaries during the noted three-month window, enhancing the company’s order backlog and visibility for future revenue streams.

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