19 July 2019

CSR,CNR win major contracts, filing says

CSR Corp. Ltd. (01766.HK, 601766.CN) has won contracts worth a combined 20.84 billion yuan (US$3.37 billion), it said in a regulatory filing Monday. The deals include an order for 12.8 billion yuan worth locomotives from South Africa’s Transnet Freight Rail. It is the biggest contract for high-end rail transport equipment by a Chinese company, China Securities Journal reported. Meanwhile, China CNR Corp. Ltd. (601299.CN) reported new sales contracts worth about 8.84 billion yuan in a separate stock exchange filing Tuesday.

– Contact HKEJ at [email protected]



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