On the evening of April 29, CRRC announced a list of several major contracts signed from December 2025 to April 2026, with a total amount of about 36.34 billion yuan.
Screenshot of the announcement
The details are as follows:
- 1. CRRC's subsidiaries signed contracts with Sichuan Chengmei Rail Transit Co., Ltd., Shenyang Metro Group Co., Ltd., and Vietnam Fangnan Supply Co., Ltd. for the sales and maintenance of urban rail vehicles totaling about 9 billion yuancontract.
- 2. CRRC's subsidiaries signed agreements totaling about RMB 7.87 billion with Goldwind Technology Co., Ltd., Gansu Minqin Shagehuang Green Energy Co., Ltd., and Xinjiang Guangdong Hydropower Energy Storage Technology Co., LtdWind power equipment salesand energy storage equipment sales contracts.
- 3. CRRC's locomotive enterprises signed a total of about 5.47 billion yuan for locomotive repair with various road bureau companies under China National Railway Group Co., Ltd. and Turkmenistan State Railway Open Joint Stock Companycontract.
- 4. CRRC's truck companies signed truck sales totaling about RMB 5.22 billion with China National Railway Group Co., Ltd. and Australia's Pilbara Infrastructure Co., Ltd. respectively contract.
- 5. CRRC's subsidiaries and China National Railway Group Co., Ltd. signed a total of about RMB 3.38 billion in power centralized multiple unit salescontract.
- 6. CRRC's freight car companies signed contracts totaling about RMB 2.23 billion for truck repairs with various road bureaus under China National Railway Group Co., Ltd contract.
- 7. CRRC's EMU enterprises and various road bureaus under China National Railway Group Co., Ltd. signed a total of about 2.18 billion yuan for advanced repair of EMUscontract.
- 8. CRRC's locomotive enterprises signed a total of about 990 million yuan with Shandong Port Rizhao Port Group Co., Ltd., Australia's Martinus Transport Asset Holdings Co., Ltd., and German BBL Logistics Co., Ltd. respectively Locomotive sales contract.
The order of the contracted amount of the sector
| | Amount (100 million yuan) | |
|---|
| Urban rail vehicle sales and maintenance | | |
| Sales of wind power equipment and energy storage equipment | | |
| | | |
| | | |
| Power centralized EMU sales | | |
| | | |
| | | |
| | | |
| Total |
| 363.4 |
|
The total amount of the above contracts accounts for about 13.3% of CRRC's operating income in 2025
Highlights
- • International market breakthroughs: Vietnam (urban rail vehicles), Turkmenistan (locomotive repair), Australia (wagon sales, locomotive sales), Germany (locomotive sales).
- • Field coverage: clean energy equipment (wind power/energy storage equipment 7.87 billion) + rail transit equipment (urban rail/EMU/locomotive/truck, total 28.47 billion).
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