Last week CSR Corp bagged a total contract of RMB 22.66 BILLION

MIDAS's NPRT won big time !!!





CSR Corporation Limited (the “Company”) has recently entered into certain major contracts, with an aggregate value of approximately RMB25.66 billion. Details of such
contracts are set out below:


1. CSR Qingdao Sifang Locomotive & Rolling Stock Co., Ltd., a non-wholly-owned subsidiary of the Company, has entered into contracts with certain railway bureaus under China Railway Corporation in relation to the sale of MUs with a value of approximately RMB14.93 billion.


2. CSR Zhuzhou Electric Locomotive Co., Ltd., a wholly-owned subsidiary of the Company, has entered into contracts with certain railway bureaus under China Railway corporation in relation to the sale of locomotives with a value of approximately RMB6 billion.

3. CSR Nanjing Puzhen Rolling Stock Co., Ltd., a wholly-owned subsidiary of the Company, has entered into contracts with certain railway bureaus under China Railway
Corporation in relation to the sale of passenger carriages with a value of approximately RMB1.33 billion.


4. CSR Ziyang Electric Locomotive Co., Ltd., a non-wholly-owned subsidiary of the Company, has entered into contracts with certain railway bureaus under China Railway
Corporation in relation to the sale of locomotives with a value of approximately RMB1.27 billion.


5. CSR Zhuzhou Electric Locomotive Co., Ltd., a wholly-owned subsidiary of the Company, has entered into a contract with the Ministry of Transport of Malaysia in
relation to the sale of MUs with a value of approximately RMB0.96 billion.


6. CSR Qishuyan Locomotive Co., Ltd., a wholly-owned subsidiary of the Company, has entered into contracts with certain railway bureaus under China Railway Corporation
in relation to the sale of locomotives with a value of approximately RMB0.9 billion.


7. CSR Qingdao Sifang Locomotive & Rolling Stock Co., Ltd., a non-wholly-owned subsidiary of the Company, has entered into a contract with Shenyang Metro Co., Ltd. in relation to the sale of rapid transit vehicles with a value of approximately RMB0.27 billion.