China Railway Winning Bid 69 Billion 200 Million Project

Yesterday, the China Railway announced that the company had won 16 major projects in recent years. The total price or contract price in the above projects amounted to about 69 billion 218 million yuan, accounting for 20% of the company's revenue in 2009 under the company's accounting standards.

In this regard, China Railway's performance briefing in Hongkong indicated that the new contract volume increased by 60% in the 1-4 months of this year, and was invited to participate in the high-speed rail (high-speed rail civil aviation competition) project in Russia, the United States, Brazil, Laos, Burma and other countries.

According to the briefing, China Railway three bureaus, China Railway four bureaus, China Railway five bureaus and China Railway nine bureaus respectively bid for the new Hangzhou to Changsha passenger dedicated line Zhejiang section pre station works HCZJ-1, 4, 5 and 6 tenders, and the total bid price is 13 billion 365 million yuan.