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CSR subsidiaries sign business contract


Wednesday, 4 Jun 2014 08:00pm EDT 

CSR Corp Ltd:Says its subsidiary, CSR Nanjing Puzhen Co., Ltd. has signed business contract to sell metro vehicles to Hefei Urban Rail Transit Co. Ltd, Suzhou-based rail transit company and Hangzhou Metro respectively, with transaction price of approximately 3,490 mln yuan.Says its subsidiary, CSR Zhuzhou institute Co., Ltd has signed business contract to sell wind power equipment to Gansu-based wind power generation company, with transaction price of approximately 1,560 mln yuan.Says its subsidiary, China-based leasing investment company has signed business contract to sell metro vehicles to Chengdu Metro, with transaction price of approximately 1,500 mln yuan.Says its subsidiary, China-based electric locomotive company has signed business contract to sell locomotives to Shuohuang Group and China-based railway company respectively, with transaction price of approximately 1,470 mln yuan.Says its subsidiary, CSR Sifang Co., Ltd has signed business contract to sell high-speed train to China Academy of Railway Sciences, with transaction price of approximately 790 mln yuan.Says its subsidiary, CSR Sifang Co., Ltd has signed business contract to provide CRH train maintenance services to China Railway Corporation, with transaction price of approximately 290 mln yuan.Says its subsidiary, CSR Yangtze Co., Ltd has signed business contract to sell freight wagons to Australia-based company, with transaction price of approximately 130 mln yuan.Total transaction price of 9,230 mln yuan.