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Huachuang Securities: 2024 may have entered a new cycle of rail transit.
Since 2023, the rail transit equipment industry may be entering a new cycle due to factors such as "improving passenger flow, maintenance cycles, and equipment updates", and is expected to open up a larger market space.
Zheshang Securities: Railroad investment is stable. Equipment updates and maintenance cycles have arrived.
In the first half of 2024, China's railroads fixed assets investment reached CNY 337.3 billion, a year-on-year increase of 10.6%. Assuming that the growth rate continues to be 10% in the second half of the year, the investment of railroads in 2024 is expected to reach CNY 840 billion for the whole year.
0.9% Earnings Growth Over 3 Years Has Not Materialized Into Gains for Zhuzhou CRRC Times Electric (HKG:3898) Shareholders Over That Period
Is It Smart To Buy CRRC Corporation Limited (SHSE:601766) Before It Goes Ex-Dividend?
CRRC Corp to Approve Mid-Year Financial Results
CRRC Corporation (01766.HK) plans to hold a board of directors meeting on August 23 to approve mid-term performance.
CRRC Corporation (01766.HK) announced on August 9th that the board of directors will hold a meeting on August 23rd, 2024 (Friday) to consider and approve (including) the unaudited interim performance of the company and its subsidiaries for the 6 months ending June 30, 2024.
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