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CRRC (01766) recently signed a number of major contracts with a total amount of about 71.02 billion yuan
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According to the Zhitong Finance App, CRRC (01766) announced that the company and its subsidiaries have recently signed a number of major contracts (mainly from June to October 2026), with a total amount of about 71.02 billion yuan. The details are as follows:

1. The company's EMU companies have signed sales contracts for new EMU construction and advanced EMU repair contracts totaling about RMB 42.97 billion.

2. The locomotive company affiliated with the company signed a total of about RMB 12.23 billion in new locomotive sales contracts and locomotive repair contracts.

3. The company's subsidiaries signed a total sales contract for energy storage equipment and wind power equipment sales contracts totaling about RMB 5.87 billion.

4. The truck company under the company signed a new truck sales contract and truck repair contract totaling about RMB 4.53 billion.

5. The company's subsidiaries signed a total contract for the construction and sale of new urban rail vehicles totaling about RMB 4.05 billion.

6. The company's subsidiaries signed bus repair contracts totaling about RMB 1.37 billion.

The total amount of the above contract amounts to about 26% of the company's 2025 operating income under China's accounting standards.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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