Sanwei Holdings subsidiary wins two major railway contracts worth over RMB157m

Guangxi Sanwei Railway Track Manufacturing Co., Ltd., a subsidiary of Sanwei Holdings Group Co., Ltd., has been awarded two contracts for concrete sleepers. These projects are for the New Shenzhen-Jiangmen Railway and the New Longyan-Longchuan Railway (Wuping to Meizhou Section, Guangdong). The combined value of these awards totals RMB157,605,156.

The New Shenzhen-Jiangmen Railway project has an estimated investment of RMB51.31 billion and is scheduled for completion by February 28, 2026. The New Longyan-Longchuan Railway has a construction period of four years, with an anticipated completion date in 2028.

Sanwei Holdings expects these contracts to positively impact its future operating performance and maintain its business independence. The company notes that final details are subject to formal contract signing and highlighted potential risks from unforeseen circumstances affecting timely or complete execution.