CRRC Signs Contracts Worth RMB53.31 Billion

Reuters12-17

CRRC Signs Contracts Worth RMB53.31 Billion

CRRC Corporation Limited announced that it has recently signed several contracts with a total value of approximately RMB53.31 billion, mainly for the period from September 2025 to December 2025. Among these, certain subsidiaries engaged in the MUs business have entered into contracts with China State Railway Group Co., Ltd. for the sale of power-centralized multiple units worth about RMB2.21 billion. Other subsidiaries have signed contracts with relevant railway bureau companies for the overhaul of passenger carriages, with a combined value of approximately RMB1.3 billion. The total value of these contracts accounts for around 21.6% of the company's 2024 revenue under PRC accounting standards.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CRRC Corporation Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251217-11959055), on December 17, 2025, and is solely responsible for the information contained therein.

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CRRC Corporation Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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