China Railway Signal & Communication wins contracts worth 2.54 bn yuan

China Railway Signal & Communication Corporation (CRSC) has secured ten significant rail transit projects, with an aggregate contract value of 2.539 billion yuan. This sum represents approximately 7.82% of the company's 2024 audited operating income under Chinese accounting standards. The projects are split between five in the railway market and five in urban rail transit.

Notable railway contracts include the "four electric" and related engineering for the Ya'an to Kangding section of the Sichuan-Tibet Railway (388 million yuan) and high-speed train signaling equipment (363 million yuan). Urban rail projects include signal system upgrades for Shanghai Metro Line 1 (551 million yuan) and the STE light rail in Mexico City (approximately 309 million yuan).

These projects are expected to be implemented over multiple years. While the impact on CRSC's 2025 performance remains uncertain, they are anticipated to positively influence the company's operations. CRSC clarified there are no associated party transactions, ensuring the projects do not affect its operational independence.

In a separate announcement, CRSC scheduled an online investor briefing for December 2, 2025, to discuss its third-quarter 2025 operating results and financial performance. Investors are invited to submit questions in advance by December 1, 2025.