CRSC Is Leading the Subway Business
Negatively affected by the COVID-19, the rail transit construction was in a slower development stage in the first half of 2020. However, CRSC’s new order in the subway business showed a rising trend. Under governments’ support in rail transit construction, rail traffic become the firm’s primary income source.
According to CRSC’s recent announcement, the firm won the bidding in the rail traffic market for ten projects, the total amount was about CNY 1.89 billion. Specifically, there were three projects in the railway market, seven projects in the urban railway system.
This text is a result of machine translation.
Related companies：
Briefing May 18, 2022 05:25 PM
· Technology
"Yifu media" completed an angel round of financing of RMB 2 million
Briefing Feb 24, 2022 02:15 PM
· Industrials
"Maiwei robot" announced that it had received a round of A2 financing of more than 100 million yuan. This round of financing was led by Chuangshi partner capital CCV, which became capital and served as a long-term exclusive financial adviser
In-depth
Dec 19, 2020 07:42 AM
Research
Real Estate, Industrials, TechnologyTech for Global, Globalization Footprints of the Established and the New
May 29, 2020 08:30 PM
Research
Real Estate, Industrials, TechnologyLow-Carbon Industry Expansion - Key Studies From Chinese Companies
May 28, 2020 12:40 PM
Apr 19, 2020 03:12 PM
Briefing Jul 23, 2021 06:06 PM
China Communications: won the bid for a total of 12 important projects, with a total amount of about 3.335 billion yuan
Briefing Nov 02, 2020 11:34 AM
· Industrials
China SSFs Bought 12 New China Star Market Stocks
Briefing Oct 23, 2020 12:10 PM
· Industrials
CRSC and CASCO Promote Shanghai Subway’s Upgrading
Briefing Oct 23, 2020 11:56 AM
· Industrials
Gezhouba Corporation Is Working with CRSC
Industrials
Logistics Giant SF Holding Turns Profitable with 200% Rise in Q1 Net Revenue
China’s leading integrated logistics company SF Holding estimated that it turned a profit in Q1 2022, mainly due to the acquisition of Kerry Logistics Network and improvement in many aspects of performance
Apr 13, 2022 12:01 AM
Briefing Oct 22, 2020 12:00 PM
· Industrials
CRSC Signed a Strategic Cooperation Agreement with Huawei
Briefing Oct 20, 2020 11:55 AM
· Technology
Huawei Partners CRSC, Expanding Its Cross-Industry Clout
Briefing Aug 30, 2020 11:29 PM
· Industrials
CRSC is Launching a Significant Science and Technology Program
Briefing Aug 10, 2020 07:51 PM
· Industrials
CRSC is Launching an Economic Analysis Conference in Beijing
Briefing Jul 29, 2020 04:31 PM
· Industrials
CRSC’s Breakthrough in its Innovative APP
Briefing Jul 29, 2020 04:18 PM
· Industrials
CRSC is Recombining its Track and Cars
Briefing Jul 12, 2020 12:25 AM
· Industrials
CRSC’s Self-developed Products has Appeared in the World AI Conference
See more
Read next
In-depth
In-depth
In-depth
Technology
Going Beyond Flat: Kandao QooCam EGO Transcends 'Metaverse' into the Real World
May 25, 2022 02:28 AM
EqualOcean is an information service provider and investment research company that aims to become a global platform for industrial innovation. Founded in February 2014 and headquartered in Beijing, with a client network covering over 50 countries, the firm provides comprehensive professional services, including industry research, investment analysis, innovation consulting, data products, corporate branding and international strategy.