Companies

CRRC inks RMB14.63 bln contracts since September

BEIJING
2015-11-16 18:29

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CRRC Corporation Limited (601766.SH; 01766.HK), China's newly formed high-speed rail equipment manufacturing giant through a merger of CNR and CSR, announced Monday that the company and its subsidiaries had inked contracts worth 14.63 billion yuan since September, and the figure represented 12.2 percent of its revenue in 2014. CRRC also revealed that CSR Sifang Co., Ltd, one of its holding subsidiaries, jointly won a contract from Singapore Land Transport Authority worth 620 million yuan.

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