CRRC Rolling Stock Orders Worth Almost 6 Billion Dollars

Chinese rolling stock manufacturer CRRC announced it signed a number of contracts in December worth 40.84 billion Chinese Yuan in total. This is equivalent to 5.96 billion US dollars, 5.2 billion euros or 4.66 billion GBP.

CRRC at InnoTrans 2018

These orders for CRRC rolling stock are:

1. a contract with China Railway Corporation for electric multiple units worth around 31.75 billion CNY (4.63 billion US dollars)
2. a locomotive contract with China Railway Corporation worth around 3.05 billion CNY (0.45 billion US dollars)
3. a contract between a CRRC subsidiary and China Railway Corporation for power-concentrated EMUs worth 3 billion CNY (0.44 billion US dollars)
4. CRRC Sifang, which is majority-owned by CRRC, signed a number of contracts for electric multiple units worth around 1.62 billion CNY (0.24 billion US dollars) with the Costa Rica National Railway Administration, Chile’s national operator EFE, Chengdu Jiaotou Railway Investment Group Co. Ltd and Hunan Intercity Co. Ltd
5. Another one of CRRC’s majority-owned subsidiaries, Nanjing CRRC Puzhen Urban Rail Vehicle Co. Ltd, signed a contract for metro vehicles with Xuzhou and Zhejiang Companies worth around 820 million CNY (119.65 million US dollars)
6. CRRC Puzhen, a wholly-owned subsidiary of CRRC, signed a contract worth around 600 million CNY (87.55 million US dollars) for metro vehicles with SBS Transit, Singapore