20 July 2019

CNR units win 28.9 bln yuan orders, paper says

China CNR Corp. Ltd. (601299.CN) has won orders for high-speed rail cars worth a combined 28.9 billion yuan (US$4.74 billion) from China Railway Corp. (CRC), China Securities Journal reported Thursday, citing bidding results. CNR Changchun Railway Vehicles Co. Ltd. won contracts for 27 of 258 cars and CNR Tangshan Railway Vehicle Co. Ltd. bagged 70. The rest of the orders went to CSR Sifang Locomotive & Rolling Stock Co. Ltd., the report said.

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