A consortium including CRRC Corporation has won a $5.6 billion contract for metro construction in Dubai.

① The new metro contract in Dubai has been awarded to a consortium of Turkish and Chinese companies, with CRRC Corporation responsible for the railroads system; ② The blue line spans a total length of 30 kilometers, has three transfer stations, and upon completion, will cross the Dubai River for the first time through a 1300-meter-long bridge; ③ The blue line project is expected to generate a benefit-cost ratio of 2.60 by 2040, with anticipated total revenues exceeding 56.5 billion dirhams.

cls.cnDec 19 22:25 ET

Pressure on rail transit business, China Railway Signal & Communication Corporation's revenue and net profit both declined in the first three quarters, speeding up the layout of low-altitude economy.

①Yao Guiqing stated that although national policies are tightening, the construction of urban rail transit systems has temporarily slowed down in some regions due to factors such as local debt risks, but there are sufficient existing projects under construction and in planning nationwide to support industry development; ②Regarding the industrialization of low-altitude economy, Yao Guiqing mentioned that the company has already obtained the "Civil Unmanned Aerial Vehicle Operation Certificate", and it is expected that low-altitude economy-related operations will have a positive impact on the company's performance.

cls.cnOct 25 11:24 ET

Nickel prices continue to be low, with Indonesia claiming to be controlling production capacity to balance market supply and demand.

Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia stated on Friday (October 18) local time that the country is controlling the amount of nickel ore produced by its mining companies to balance market supply and demand.

cls.cnOct 18 08:42 ET

Trending Industry Today: CHINA RAIL CONS Leads Losses In High-Speed Rail Stocks

Moomoo NewsOct 15 02:10 ET

China Railway Signal & Communication Corporation: has obtained the drone operation qualification certificate, domestic urban rail transit construction will still maintain a relatively high intensity|A direct look at the earnings conference

Yao Guiqing said that many subsidiary companies have obtained the "Civil Unmanned Aerial Vehicle Operation Qualification Certificate", etc., and it is expected that low-altitude economic related business will have a positive impact on the company's performance; ② Some market institutions analysts stated that China Railway Signal & Communication Corporation's low-altitude economic business is still in the early stages of development.

cls.cnOct 14 07:53 ET

Trending Industry Today: CHINA RAIL CONS Leads Gains In High-Speed Rail Stocks

Moomoo NewsOct 9 23:10 ET