Affected by the intensified competition in the rail transit market, China Railway Signal & Communication Corporation's revenue and net profit both declined in the first half of the year. It will still take time for the low-altitude business to contribute
①Regarding the decrease in revenue, China Railway Signal & Communication Corporation stated that the company is focusing on the development of its main tasks, promoting the transformation and upgrading of traditional industries, preventing operational risks, and the income from engineering projects has decreased. ②In the first half of 2024, the company's total newly signed contract amount accumulated to 21.023 billion yuan, a year-on-year decrease of 33.62%.
Huawei Everest Super Charging Station is about to be released, and the charging infrastructure market is expected to continue to grow in volume.
According to Huawei's official WeChat account, the Mount Everest charging station launch event and the commercial ceremony of the Ultra Charge Alliance will begin on September 3. The Ministry of Transportation vigorously promotes the use of high-power charging facilities in highway service areas, and high-quality charging infrastructure represented by Huawei Ultra Charge continues to participate in the construction of a comprehensive charging network.
times electric's net profit in the first half of the year increased by 30.56% year on year. Some of the investment projects are delayed.
Times Electric stated that in the first half of 2024, the increase in revenue was due to the growth of railroad investments and the recovery of passenger traffic, resulting in a year-on-year increase in the acceptance and delivery volume of rail transit products.
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