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CSR Signs CNY30.88bn Contracts(Sinocast Transportation Beat (China) Via Acquire Media NewsEdge) SHANGHAI, October 22, SinoCast -- CSR Corporation announces that it has signed about CNY 30.88 billion contracts, representing 31.6% of incomes in 2013 in terms of Chinese accounting standards. CSR Zhuzhou Electric Locomotive signed an about CNY 1.13 billion Ampang Line light-rail vehicle contract with Malaysia's Syarikat Prasarana Negara Berhad; it signed an about CNY 310 million Navi Mumbai Line 1 subway vehicle contract with India's City & Industrial Development Corporation of Maharashtra Ltd. CSR Qingdao Sifang Locomotive & Rolling Stock signed an about CNY 150 million technical training and support contract with Argentina; it also formed a syndication with Kawasaki Heavy Industries and its Singapore branch and won bid to supply about CNY 250 million subway vehicles to Singapore's Land Transport Authority. [ Back To TMCnet.com's Homepage ] |