China Railway Signal & Communication Bags Projects Worth 1.47 Billion Yuan in May-June

MT Newswires Live07-19

China Railway Signal & Communication (HKG:3969, SHA:688009) won five projects in the rail transit market amounting to 1.47 billion yuan from May to June, according to the company's disclosure on the Hong Kong Stock Exchange.

The projects are the ZSSD-RD section of the Zhangzhou-Shantou high-speed railway, the procurement of electrical on-board equipment for 350 kilometer-per-hour CR D-series high-speed trains, phase III of Egypt's Ramadan Railway, signal system engineering for the eastern extension of Chongqing Urban Rail Transit Line 6 and signal system renewal and renovation engineering for the Shentie Line 2 (Tianjin), the Chinese train control systems provider said in the Thursday disclosure.

Shares of the company fell more than 2% in recent trade.

Price (HKD): $3.33, Change: $-0.07, Percent Change: -2.06%

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