China Railway Signal & Communication Corporation wins five rail transit projects with a total amount of 892 million yuan.

MaticHoleFiller · 2026-04-08T08:58:47+00:00

China Railway Signal & Communication Co., Ltd. recently announced the successful bid for five rail transit projects, covering railway and urban rail transit, with a total amount of approximately 892 million yuan, accounting for about 2.57% of the projected revenue in 2025. The projects include dedicated railway lines, high-speed rail equipment, and urban rail weak current systems, demonstrating the company's competitiveness. It should be noted that the contracts have not yet been signed, and there is uncertainty.

MaticHoleFiller

2026-04-08 08:58:47

Abstract generation in progress

In recent days, China Railway Signal & Communication Co., Ltd. (stock code: 688009; stock abbreviation: China Signal) announced that between January and February 2026, the company successfully won bids for five major projects in the rail transit market, including four projects in the railway market and one project in the urban rail transit market. The total bid amount is approximately RMB 892 million, accounting for about 2.57% of the company’s 2025 audited total operating revenue.

The announcement shows that the projects won this time cover multiple areas, including dedicated railway lines, railway upgrades, high-speed rail four-electrical engineering, and urban rail transit weak-current systems, demonstrating China Signal’s overall competitive strength in the integration of rail transit signaling and communication systems.

Details of the Projects Won in the Railway Market

Project name
Bidding party
Winning bid amount (RMB 830M)
Project overview
Place of performance
Period of performance
—
Wuhai Economic Development Zone low-carbon industrial park dedicated railway line project
Inner Mongolia Haitong Railway Transportation Co., Ltd.
3.55
The total line length is 13.317km. Responsible for project construction and operations
Inner Mongolia Autonomous Region
From the date the contract is signed to the end of the operations period (construction period is about 15 months)
Shenzhen Pinghunan to Yantian Port railway renovation Pinghunan inland port related engineering PYNLGSG-2 bid project
China Railway Guangzhou Group Co., Ltd.
1.5
Build 1 effective turnout line with a length of 830m, approximately 1km of main line. Responsible for the procurement, installation, and commissioning of communication and signaling system equipment
Guangdong Province
From the date the contract is signed to the end of the quality guarantee period (execution period is 31 months; quality guarantee period is 24 months; total 55 months)
Procurement of communications and signaling professional materials for the newly built Tianjin to Weifang high-speed railway four-electrical and related engineering JWRD-2 bid section
The First Engineering Branch of China Railway Electrification Bureau Group Co., Ltd.
1.25
The total line length is 236.126km. Designed for a speed of 350km/h. Equipped with a CTCS-3 level train control system. Responsible for the supply of track circuit equipment
Shandong Province
From the date the contract is signed to the end of the quality guarantee period (execution period is 12 months; quality guarantee period is 24 months; total 36 months)
Nanshin Railway Aksu to Bazhu segment capacity expansion and upgrade project S3 bid section project
China Railway Urumqi Group Co., Ltd.
1.05
The total line length is 216.93km. Designed for a speed of 160km/h. Responsible for the procurement, installation, and commissioning of communication and signaling system equipment
Xinjiang Uygur Autonomous Region
From the date the contract is signed to the end of the quality guarantee period (execution period is 24 months; quality guarantee period is 24 months; total 48 months)

Details of the Projects Won in the Urban Rail Transit Market

Project name
Bidding party
Winning bid amount (RMB 100 million)
Project overview
Place of performance
Period of performance
—
Shaoxing city urban rail transit Line 2 Phase II weak-current system installation engineering project
Shaoxing Urban Rail Transit Group Co., Ltd.
1.57
The total line length is 26.1km, with 7 stations. Responsible for the installation and commissioning of communication and signaling system
Shaoxing City
From the date the contract is signed to the end of the quality guarantee period (execution period is 20 months; quality guarantee period is 24 months; total 44 months)

The announcement states that the above-mentioned project contracts require signature by both parties’ legal representatives or authorized agents and affixing of the company seal for the contracts to take effect. The payment methods will be handled in accordance with the processes of advance payment, milestone payments, completion settlement payment, and quality guarantee payment. China Signal表示 that if the projects are implemented smoothly, they are expected to have a positive impact on the company’s future operating performance. However, because the projects will be implemented in stages across calendar years, the specific impact on current-period performance is uncertain.

In addition, the company specifically highlights risks: currently, the projects are only in the bid-award announcement stage and no formal contracts have been signed yet. There is uncertainty regarding the subsequent signing of contracts and the fulfillment of contract terms. Investors should pay attention to the related investment risks.

China Signal emphasizes that the company has no related relationship with the various bidding parties. This winning bid will not affect the company’s business independence.

Click to view the full text of the announcement>>

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