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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility
for the contents of this announcement, make no representation as to its accuracy or completeness and expressly
disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the
contents of this announcement.
中國鐵路通信信號股份有限公司
China Railway Signal & Communication Corporation Limited*
(A joint stock limited liability company incorporated in the People ’s Republic of China)
(Stock Code: 3969)
ANNOUNCEMENT ON BID-WINNING OF
IMPORTANT PROJECTS IN THE RAIL TRANSIT MARKET
This announcement is made by China Railway Signal & Communication Corporation Limited* (the
“Company”) pursuant to Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities
on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information
Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures
Ordinance (Chapter 571 of the Laws of Hong Kong).
In May and June 2021, the Company has totally been awarded twelve important projects in rail
transit market, among which, six important projects are acquired from the railway market, namely
the weak current system integration project in respect of the newly-built Guangzhou (Xintang)-
Shanwei Railway (the “Guangzhou-Shanwei High-speed Railway”) with a tender amount of
RMB549 million; the project of signaling, communications and information system for the Stara
Pazova (excluded)-Novi Sad (excluded) section of the Hungary-Serbia Railway in Serbia with
a tender amount of RMB299 million; the subcontracting project communications, signaling,
information and electric power construction for the Lianjie-Leshan Line of a newly-built local
railway with a tender amount of RMB210 million; the four-power system integration and related
engineering self-purchase materials procurement negotiation (track circuit) project in respect of
the newly-built Fuzhou-Xiamen Railway with a tender amount of RMB136 million; the capacity
expansion and renovation project of Zhunchi Railway Wochang Station of the Xinshuo Railway
with a tender amount of RMB110 million; the self-closing upgrading and renovation and other
construction projects of the second tender section in respect of the Shuohuang Railway section
under the open tender for the seventh batch of large and medium-sized maintenance engineering
projects of the Shuohuang Railway in 2020 with a tender amount of RMB106 million; and six
important projects are acquired from the urban rail transit market, namely the Shanghai Rail
Transit Lines 3/4 signal system upgrading and renovation integrated project with a tender amount
of RMB1.0 billion; the signaling, integrated monitoring and other weak current system installation
engineering projects in respect of the Shenzhen Rail Transit Line 12 PPP project with a tender
amount of RMB259 million; the communication system procurement and installation project in
respect of the trains, control system and overall rail modernization project of the Mexico City
Public Transport System Line 1 with a tender amount of RMB243 million; the signal system
equipment procurement project in respect of the Shenzhen Metro Line 6 branch line and its second
phase project with a tender amount of RMB158 million; the signal and AFC system installation
project in respect of the first phase project of the Wenzhou Municipal Railway S2 line with a
tender amount of RMB133 million; the 01 section project of the weak current system installation
and construction in respect of the first phase project of the Luoyang Urban Rail Transit Line 2 with
a tender amount of RMB132 million.
1Details of the projects awarded are hereby announced as below:
I. RELEVANT INFORMATION OF THE PROJECTS WON IN THE RAILWAY
MARKET
Project One Project Two Project Three
I. General information
1. Name of the project The Guangzhou-Shanwei High- The project of signaling, The subcontracting project of
speed Railway communications and communications, signaling,
information system for the information and electric
Stara Pazova (excluded)- power construction for the
Novi Sad (excluded) section Lianjie-Leshan Line of a
of the Hungary-Serbia newly-built local railway
Railway in Serbia
2. Bid originator China Railway Guangzhou Group China Railway International Sichuan Railway Construction
Co., Ltd. Co., Ltd.* (中國鐵路國際有 Co., Ltd.
限公司)
China Communications
Construction Company
Limited
3. Tender amount 5.49 2.99 2.10
(RMB100 million)
4. Overview of the The newly-built section of the The Stara Pazova (excluded)- The main line of the project
project Guangzhou-Shanwei High- Novi Sad (excluded) is 123.079 km long,
speed Railway project is section of the Hungary- starting at Lianjie Station
202.763 km long in total Serbia Railway in Serbia in Weiyuan County,
and the designed running i s 44 k m l o n g w i t h a Neijiang City, passing
speed of the line is 350 km/ total of 4 stations and 1 through Renshou County
h. The line will be equipped line station, and will be in Meishan City, as
with the CTCS-3 level high- equipped with the ETCS- well as Jingyan County,
speed train operation control 2 level train control system Wutongqiao District,
system. The Company standard. The Company Shizhong District and
will be responsible for the will be responsible for the Shawan District in Leshan
equipment procurement and equipment procurement and City, with Shijing Station,
system debugging and other system integration including Wangyang Station, Jingyan
system integration works system debugging for all the Station, Mata Station,
for all engineering such as signaling, communications, Leshan Port Station and
the communications and information and other Taiping Station newly
signaling of the whole line of aspects of the project, established along the line,
Guangzhou-Shanwei High- and will coordinate joint and ending at Yangang
speed Railway, and will debugging, trial operation Station in Emeishan
coordinate joint debugging, and other tasks. City. The Company will
trial operation and other be responsible for the
tasks. construction, installment
and system debugging and
other works for all the
communications, signaling,
information, electric power
and other aspects of the
project, and will coordinate
joint debugging, trial
operation and other tasks.
2Project One Project Two Project Three
II. Information of the
counterparty
1. Name of the China Railway Guangzhou Group China Railway International Sichuan Railway Construction
enterprise Co., Ltd. Co.,Ltd.* (中國鐵路國際有 Co., Ltd.
限公司)
China Communications
Construction Company
Limited
2. Nature of the State-owned enterprise State-owned enterprise State-owned enterprise
enterprise
3. Legal Wu Yong Ju Guojiang Kou Guangming
representative Wang Tongzhou
4. Registered capital RMB249,254.03 million RMB1,200.00 million RMB1,000.00 million
RMB16,174.735425 million
5. Date of 1992-12-05 2014-12-30 1993-01-19
incorporation 2006-10-08
6. Main office No. 151, Zhongshan 1st Road, No. 10, Fuxing Road, Haidian N o . 88, W e s t S e c t i o n I I
location Yuexiu District, Guangzhou, District, Beijing of Second Ring Road,
Guangdong Province No. 85, Deshengmenwai Street, Chengdu
Xicheng District, Beijing
7. Major shareholders China State Railway Group Co., China State Railway Group Co., Sichuan Railway Group Co.,
Ltd. Ltd. Ltd.*(四川省鐵路集團有
China Communications 限責任公司)
Construction Group
(Limited)
HKSCC NOMINEES LIMITED
China Securities Finance
Corporation Limited
3Project One Project Two Project Three
8. Principal business Railway passenger and freight Consultation, survey, design Railway works, building works,
transportation and related and construction general highway works, road traffic
services; manufacturing, contracting of various works, highway subgrade
installation, maintenance domestic and foreign works, highway pavement
and leasing of railway projects; undertaking works, water conservancy
transportation equipment, overseas market operations and hydropower works,
facilities and accessories; or international tendering port and waterway works,
manufacturing, installation, projects; undertaking design, port and coast works,
maintenance, sales and construction, transportation waterway works, river
leasing of railway special and management general and lake regulation works,
equipment and related contracting of foreign environmental protection
industrial equipment; economic assistance projects works, earthwork
organization and management from China; building engineering services,
of railway passenger and materials, equipment sales building decoration works,
freight transportation, and other import and pre-mixed concrete works,
technology and other export operations; foreign mechanical and electrical
industrial development; investment; passenger works, bridge works,
survey, design, construction and freight transportation tunnel works, airport
and maintenance of operation and management runway works, urban
construction projects inside of related overseas railway and road lighting works,
and outside railways; general projects. foundation works, electric
contracting and management power works, railway
of projects; engineering General contracting of ports, electrification works,
design; domestic freight waterways, highways railway electrical works,
forwarding; general freight and bridges construction etc.
transportation; loading, projects; engineering
unloading and delivering; technology research and
building decoration consultation; engineering
engineering; technology design, survey, construction,
development, transfer, service supervision as well as
and consultation in the field procurement, supply and
of railway transportation installation of related
technology; engineering integrated equipment and
management services, etc. materials.
4Project One Project Two Project Three
III. Major terms and
conditions of the
contract to be
signed
1. Amount of the 5.49 2.99 2.10
contract (RMB100
million)
2. Payment schedule Payments of the project will Payments of the project will Payments of the project will
be made based on upfront be made based on upfront be made based on upfront
payments, progress payments, payments, interim payments payments, progress
payments on completion for each batch and other payments, payments on
and acceptance, warranty processes. completion and acceptance,
payments and other warranty payments and
processes. other processes.
3. Place of Within Guangdong Province Within Serbia Within Sichuan Province
performance
4. Term for From the signing date of the From the signing date of the From the signing date of the
performance contract to the end of the contract to the end of contract to the end of
warranty period of the the warranty period of the warranty period of
project. The project execution the project. The project the project. The project
cycle is approximately 22 execution cycle is execution cycle is
months, and the warranty approximately 7 months, approximately 10 months,
period is 12 months, totaling and the warranty period and the warranty period
34 months. is 60 months, totaling 67 is 24 months, totaling 34
months. months.
5. Conditions for the The contract shall become The contract shall become The contract shall become
contract to take effective once signed and effective once signed and effective once signed and
effect affixed with official seals by affixed with official seals by affixed with official seals
the legal representatives or the legal representatives or by the legal representatives
authorized representatives of authorized representatives or authorized
both parties. of both parties. representatives of both
parties.
6. Contract signing Guangzhou Beijing Chengdu
place
5Project Four Project Five Project Six
I. General information
1. Name of the The four-power system The capacity expansion The self-closing upgrading
project integration and related and renovation project and renovation and
engineering self- of Zhunchi Railway other construction
purchase materials Wochang Station of the projects of the second
procurement negotiation Xinshuo Railway tender section in respect
(track circuit) project of the Shuohuang
in respect of the newly- Railway section under
built Fuzhou-Xiamen the open tender for
Railway the seventh batch of
large and medium-
sized maintenance
engineering projects of
the Shuohuang Railway
in 2020
2. Bid originator China Railway Construction Shenhua Zhunchi Railway China Energy Shuohuang
Electrification Bureau Company Limited* (神 Railway Development
Group Co., Ltd.* (中國 華准池鐵路有限責任公 Co., Ltd.* (國能朔黃鐵
鐵建電氣化局集團有限 司) 路發展有限責任公司)
公司)
3. Tender amount 1.36 1.10 1.06
(RMB100 million)
4. Overview of the T h e m a i n l i n e o f t h e This project is a newly- T h e m a i n l i n e o f t h i s
project newly-built Fuzhou- built LTE broadband project is 76.8
Xiamen Railway is mobile communication kilometers long with
277.42 kilometers system for the section 4 stations, namely
long, with 7 stations from Wochang to Yuanpingnan, Huifeng,
on the whole line, 2 Shenchi South Station, Dongye and Nanwan.
new multiple-unit train covering a railway The Company will be
maintenance stations length of approximately responsible for the
and 2 new multiple- 59.135 kilometers. overhaul of the signal
unit train storage yards. The Company will centralized monitoring
The Company will be be responsible for system of this project
responsible for the the construction of and related projects
supply of track circuit the newly-built LTE such as communications
equipment and system broadband mobile and power optical cable
debugging for this communication system relocation.
project. and supporting machine
rooms, electricity and
other related projects
for this project.
6Project Four Project Five Project Six
II. Information of the
counterparty
1. Name of the China Railway Construction Shenhua Zhunchi Railway China Energy Shuohuang
enterprise Electrification Bureau Company Limited* (神 Railway Development
Group Co., Ltd.* (中國 華准池鐵路有限責任公 Co., Ltd.* (國能朔黃鐵
鐵建電氣化局集團有限 司) 路發展有限責任公司)
公司)
2. Nature of the State-owned enterprise State-owned enterprise State-owned enterprise
enterprise
3. Legal Wan Chuanjun Zhang Zhiwen Ding Maoting
representative
4. Registered capital RMB3,800.00 million RMB4,710.00 million RMB15,231.14905761
million
5. Date of 1994-07-21 2011-10-19 1998-02-18
incorporation
6. Main office Room 108A8, Building No.73, Shanyang Street, 16th Floor, No.6,
location 1, Chongxin Building, Shuozhou (5th Floor, Caihefang Road,
No.3, Xijing Road, Shanyang Street Sub- Haidian District,
Badachu High-tech branch of CCB in Beijing
Park, Shijingshan Shuozhou)
District, Beijing
7. Major shareholders China Railway Construction China Shenhua Energy China Shenhua Energy
Corporation Limited* Company Limited* (中 Company Limited* (中
( 中國鐵建股份有限公 國神華能源股份有限公 國神華能源股份有限公
司) 司) 司)
Shanxi Jiaochangping Daqin Railway Co., Ltd.*
Energy Industries Group ( 大秦鐵路股份有限公
Company Limited* (山 司)
西教場坪能源產業集團 Hebei Construction
有限公司) Investment Transportation
Investment Co., Ltd.* (河
北建投交通投資有限責
任公司)
7Project Four Project Five Project Six
8. Principal business C o n s t r u c t i o n g e n e r a l General cargo transportation Coal operation (no physical
contracting, professional by self-built railway, coal trading, storage
contracting, engineering railway investment and and transportation
technology testing, construction; passenger activities are carried
railway transportation and freight station out in Beijing); railway
equipment maintenance, services (excluding transportation of coal
electrical equipment dangerous goods); and related products
repair, mechanical cargo handling services and other goods;
equipment leasing, (excluding dangerous accommodation;
technology development, goods), cargo agency construction and
technical consulting, and consulting services; operation of the
technical services, catering services, Shuohuang Railway;
technology transfer, accommodation railway emergency
research and services, community rescue, technology
development of special greening services, development,
railway equipment Office building property technology promotion
and accessories, management; crop and technical services
urban rail transit planting, seedling in the electronic
equipment, electrical cultivation; sales of equipment field;
signal equipment building materials, technical inspection;
and communication mining machinery railway inspection and
e q u i p m e n t ; accessories, hardware maintenance (limited
manufacturing of special and electric products to other cities); railway
railway equipment and office supplies. vehicle maintenance
and accessories, (limited to other cities),
urban rail transit etc.
equipment, electrical
signal equipment
and communication
equipment (limited to
engaging in production
activities in other
cities); sales of special
railway equipment
and accessories,
urban rail transit
equipment, electrical
signal equipment
and communication
equipment, etc.
8Project Four Project Five Project Six
III. Major terms and
conditions of the
contract to be
signed
1. Amount of the 1.36 1.10 1.06
contract (RMB100
million)
2. Payment schedule Payments of the project will Payments of the project Payments of the project
be made based on upfront will be made based will be made based
payments, payments on on progress payments, on upfront payments,
delivery and acceptance, settlement payments, progress payments,
settlement payments, warranty payments and warranty payments and
warranty payments and other processes. other processes.
other processes.
3. Place of Within Fujian Province Within Shanxi Province Within Shanxi Province
performance
4. Term for From the signing date From the signing date of From the signing date
performance of the contract to the the contract to the end of the contract to the
end of the warranty of the warranty period end of the warranty
period of the project. of the project. The period of the project.
The project execution project execution cycle The project execution
cycle is approximately is 12 months, and the cycle is approximately
30 m o n t h s , a n d t h e warranty period is 24 18 months, and the
warranty period is 24 m o n t h s , t o t a l i n g 36 warranty period is 24
m o n t h s , t o t a l i n g 54 months. months, totaling 42
months. months.
5. Conditions for the The contract shall become The contract shall become The contract shall become
contract to take effective once signed formally effective once formally effective once
effect and affixed with signed and affixed with signed and affixed with
contract seals by the official seals by the official seals by the
legal representatives or legal representatives or legal representatives or
authorized representatives authorized representatives authorized representatives
of both parties. of both parties. of both parties.
6. Contract signing Beijing Shuozhou Cangzhou
place
9II. INFORMATION OF THE PROJECT WON IN THE URBAN RAIL TRANSIT
MARKET
Project Seven Project Eight Project Nine
I. General information
1. Name of the The Shanghai Rail Transit The signaling, integrated T h e c o m m u n i c a t i o n
project Lines 3/4 signal monitoring and other system procurement
system upgrading and weak current system and installation
renovation integrated installation engineering project in respect of
project projects in respect of the the trains, control
Shenzhen Rail Transit system and overall
Line 12 PPP project rail modernization
project of the Mexico
City Public Transport
System Line 1
2. Bid originator Shanghai Shentong Metro China Power Construction M É X I C O R A I L W A Y
Group Co., Ltd.* (上海 South Investment Co., ENGINEERING
申通地鐵集團有限公司) Ltd.* (中電建南方建設 TECHNOLOGY,
Shanghai Metro Maintenance 投資有限公司) S.A.P.I. DE C.V.(墨西
Support Co., Ltd.* (上海 哥鐵路工程技術有限
地鐵維護保障有限公司) 公司)
3. Tender amount 10.00 2.59 2.43
(RMB100 million)
4. Overview of the The total length of the The total length of the main The total length of the
project main line in this project line in this project is main line in this
is 62.7 km, with 29 approximately 40.533 project is 18.8 km with
underground stations km with 33 stations, 20 stations, 1 vehicle
and 17 elevated stations; including 20 transfer depot; 1 parking lot,
it is equipped with 91 stations. The average 1 control centre and 1
trains/546 vehicles; distance between backup control centre.
1 control centre;1 stations is approximately The Company will be
vehicle depot; 3 parking 1.241 km. The Company responsible for the
lots; 1 testing line; 1 will be responsible contracting (including
maintenance centre; for the installation of design, supply,
and 1 training centre at signal system, integrated installation, testing,
the initial stage of the monitoring system, training, trial operation
project. The Company environment and and quality assurance)
will be responsible for equipment monitoring of communication
signal system upgrading system, security and system for the project.
and renovation for the access control system,
project. automatic ticketing
system and intelligent
parking lot for the
project.
10Project Seven Project Eight Project Nine
II. Information of the
counterparty
1. Name of the Shanghai Shentong Metro China Power Construction M É X I C O R A I L W A Y
enterprise Group Co., Ltd.* (上海 South Investment Co., ENGINEERING
申通地鐵集團有限公司) Ltd.* (中電建南方建設 TECHNOLOGY,
Shanghai Metro Maintenance 投資有限公司) S.A.P.I. DE C.V.(墨西
Support Co., Ltd.* (上海 哥鐵路工程技術有限
地鐵維護保障有限公司) 公司)
2. Nature of the State-owned enterprise State-owned enterprise –
enterprise
3. Legal Yu Guangyao Zhu Ruixi Gao Feng
representative Zhang Lingxiang
4. Registered capital RMB272,545 million RMB1,000 million MXN50,000
RMB50 million
5. Date of 2000-04-19 2012-09-17 2021-01-11
incorporation 2013-07-01
6. Main office No.489 Pudian Road, China Baoyuan Building, Building Mexico
location (Shanghai) Pilot Free- 1,Bijiashan Yilan
Trade Zone Garden, No.2009,
Room 1089, No.6, 1st Shangbu North Road,
Floor, Tower B1, Huafu Street, Futian
No.253 Jianguo West District, Shenzhen
Road, Xuhui District,
Shanghai
7. Major shareholders Shanghai Jiushi (Group) Power China Railway C R R C Z h u z h o u
Co., Ltd.* (上海久 Construction Investment Locomotive Co., Ltd.*
事（ 集 團 ）有 限 公 司 ) , Group Co., Ltd.* (中電 (中車株洲電力機車有
Shanghai Chengtou 建鐵路建設投資集團有 限公司)
Holding Co., Ltd.* (上 限公司) CRRC (Hong Kong) Co.
海 城 投（ 集 團 ）有 限 公 Power Construction L t d . * ( 中國中車（香
司) Corporation of China, 港）有限公司)
Shanghai Shentong Metro Ltd.* (中國電力建設股
Group Co., Ltd.* (上海 份有限公司)
申通地鐵集團有限公司)
11Project Seven Project Eight Project Nine
8. Principal business Industrial investment, rail C o n s t r u c t i o n p r o j e c t E n g i n e e r i n g d e s i g n ,
transit construction investment; investment procurement,
management and and establishment of installation,
comprehensive industry; construction construction,
development and project management; maintenance,
operation; protection, c o n s t r u c t i o n debugging, testing and
maintenance and contracting; technology defect correction of rail
operation of rail transit development and transit.
facilities and equipment; technical consultation;
advertising publishing equipment leasing; sales
leveraging one ’ s own of building materials,
media, etc. Operation instruments, machinery
and management of rail and equipment; product
transit facilities and development, design,
equipment; installation, sales and technical
debugging, maintenance, consulting of new
repair and renovation functional materials
services for rail in the construction
transit facilities and industry; harbor
equipment (excluding construction, coastal
special equipment); dams, ocean tunnel and
comprehensive bridge construction
s u p e r v i s i o n , m a n a g e m e n t ,
monitoring and technology research
guardianship services and development and
and construction technical consultation;
management services product research
for rail transit facilities and development,
and equipment, high- design, sales, and
tech development technical consultation
and operation for of prefabricated
informatization and components.
automation of rail
transit facilities and
equipment; inspection,
leasing and related
technical services for
dedicated facilities and
equipment (excluding
special equipment);
property management
services related to rail
transit facilities and
equipment and supply of
maintenance materials;
technical services,
technic a l consul t i ng
and investment business
related to rail transit,
etc.
12Project Seven Project Eight Project Nine
III. Major terms and
conditions of the
contract to be
signed
1. Amount of the 10.00 2.59 2.43
contract (RMB100
million)
2. Payment schedule Payments of the project Payments of the project Payments of the project
will be made based will be made based will be made based
on upfront payments, on upfront payments, on upfront payments,
progress payments, de- progress payments, gate-in payments,
vanning payments, payments on completion payments on arrival,
settlement payments, and settlement, warranty payments on
payments on acceptance, payments and other preliminary acceptance
warranty payments and processes. and other processes.
other processes.
3. Place of Shanghai Shenzhen Mexico City, Mexico
performance
4. Term for From the signing date F r o m t h e s i g n i n g d a t e From the signing date
performance of the contract to the of the contract to the of the contract to the
end of the warranty end of the warranty end of the warranty
period of the project. period of the project. period of the project.
The project execution The project execution The project execution
cycle is approximately cycle is approximately cycle is approximately
30 months, and the 14 months, and the 32 months, and the
warranty period is 24 warranty period is 24 warranty period is 24
m o n t h s , t o t a l i n g 54 m o n t h s , t o t a l i n g 38 months, totaling 56
months. months. months.
5. Conditions for the The contract shall become The contract shall become The contract shall become
contract to take formally effective once effective once signed formally effective once
effect signed and affixed with and affixed with official signed and affixed with
official seals by the seals by both parties. official seals by the
legal representatives legal representatives
or authorized or authorized
representatives of both representatives of both
parties. parties.
6. Contract signing Shanghai Shenzhen Mexico City, Mexico
place
13Project Ten Project Eleven Project Twelve
I. General information
1. Name of the T h e s i g n a l s y s t e m The signal and AFC system The 01 section project
Project equipment procurement installation project in of the weak current
project in respect of the respect of the first phase system installation and
Shenzhen Metro Line project of the Wenzhou construction in respect
6 branch line and its Municipal Railway S2 of the first phase project
second phase project line of the Luoyang Urban
Rail Transit Line 2
2. Bid originator Shenzhen Metro Group Co., Wenzhou Suburban Railway L u o y a n g R a i l T r a n s i t
Ltd.* (深圳市地鐵集團 Line 2 Project Co., Ltd.* Group Co., Ltd.* (洛陽
有限公司) (溫州市域鐵路二號線項 市軌道交通集團有限責
目有限公司) 任公司)
3. Tender amount 1.58 1.33 1.32
(RMB100 million)
4. Overview of the The total length of the The total length of the The total length of the
project metro line in this metro line in this project metro line in this
project is 11 km, with is 63.63 km, with 20 project is approximately
6 underground stations stations, including 1 18.22 km, all of which
and 1 elevated station; underground station and are underground lines,
it is equipped with 9 other elevated stations. w i t h 15 s t a t i o n s , 1
trains/54 vehicles; 1 The average distance vehicle depot and 1
control centre; 1 testing between stations is control centre. The
line; 1 maintenance 3.27 km, with 1 control Company will be
centre; and 1 training centre, 1 vehicle depot, responsible for the
centre at the initial 1 parking lot, 1 testing installation of weak
stage of the project. line, 1 maintenance current systems for
The Company will be centre and 1 training the project, such
responsible for ATP/ centre. The Company as communication,
ATO system, ATS will be responsible for integrated monitoring,
system, CI system, the installation of signal and automatic fare
maintenance and system and AFC system collection.
monitoring system and for the project.
DCS system for the
project, etc.
14Project Ten Project Eleven Project Twelve
II. Information of the
counterparty
1. Name of the Shenzhen Metro Group Co., Wenzhou Suburban Railway L u o y a n g R a i l T r a n s i t
enterprise Ltd.* (深圳市地鐵集團 Line 2 Project Co., Ltd.* Group Co., Ltd.* (洛陽
有限公司) (溫州市域鐵路二號線項 市軌道交通集團有限責
目有限公司) 任公司)
2. Nature of the State-owned enterprise State-owned enterprise State-owned enterprise
enterprise
3. Legal Xin Jie Jin Lin Ma Chaoxin
representative
4. Registered capital RMB45,943,160,000 RMB220 million RMB1,000 million
5. Date of 1998-07-31 2017-02-28 2016-09-27
incorporation
6. Main office F l o o r 2 7 - 3 1 , M e t r o R o o m 1 5 1 7 , F l o o r 1 5 , Floor 23, Bank of Luoyang,
location Building, No.1016, Wenzhou Rail Transit No. 256, Kaiyuan
Fuzhong No.1 Road, Control Center, No. Avenue, Luolong
Futian District, 2305, Wenzhou Avenue, District, Luoyang
Shenzhen Lucheng District,
Wenzhou, Zhejiang
Province
7. Major S t a t e - o w n e d A s s e t s Wenzhou Mass T ransi t S t a t e - o w n e d A s s e t s
shareholders Supervision and Railway Investment Supervision and
Administration Group Co., Ltd.*（溫州 Administration
Commission of the 市鐵路與軌道交通投資 Commission of
People’s Government of 集團有限公司） Luoyang Provincial
Shenzhen Municipal People’s Government
Wenzhou Rail Transit
D e v e l o p m e n t
Agricultural Bank Phase I
Construction Investment
Partnership (Limited
Partnership)* (溫州市軌
道交通發展農銀一期建
設投資合夥企業（有限
合夥))
15Project Ten Project Eleven Project Twelve
8. Principal business Construction, operation, Investment, construction, Investment, construction
development and operation and and operation of
comprehensive management of city rail transit projects
utilization of subway and railway projects and (operating with
light rail transportation supporting projects along qualification certificate
projects; investment the line; warehousing and permits); sale and
and establishment of along the rail line of lease of rail transit
industries (specific the city, construction, equipment; development
projects will be reported development and of underground space
separately); domestic operation of logistic resource and upper-
commerce, material service projects; asset cover property in rail
supply and marketing operation along the rail transit station line
industry (excluding line of the city. and relevant areas;
franchise, special control, investment of real estate
monopoly commodities); projects.
operating advertising
business; own property
management; consulting
and education training
of rail transit related
business.
III. Major terms and
conditions of the
contract to be
signed
1. Amount of the 1.58 1.33 1.32
contract (RMB100
million)
2. Payment schedule Payments of project will be Payments of the project Payments of the project
made based on upfront will be made based will be made based
payments, payments on on upfront payments, on upfront payments,
design review, payments progress payments, progress payments,
after arrival of goods, payments on completion warranty payments and
payments on interim and settlement, warranty other processes.
acceptance, payments payments and other
on completion and processes.
acceptance, payments
upon submission of
settlement documents,
settlement payments,
payments on final
acceptance and other
processes.
3. Place of Shenzhen Wenzhou Luoyang
performance
16Project Ten Project Eleven Project Twelve
4. Term for Metro Line 6 branch line: From the date of signing of From the date of signing of
performance from the date of signing the contract to the end the contract to the end
of the contract to the end of the project warranty of the project warranty
of the project warranty period, of which, the period, of which, the
period, of which, the project execution cycle project execution
project execution cycle i s approxi mat el y 22 cycle is approximately
is appr oxi mat el y 18 months and the warranty 10 months and the
months and the warranty period is 24 months, warranty period is 24
period is 36 months, totaling 46 months. months, totaling 34
totaling 54 months. months.
The second phase of Metro
Line 6 branch line: from
the date of signing of
the contract to the end
of the project warranty
period, of which, the
project execution cycle
is appr oxi mat el y 54
months and the warranty
period is 36 months,
totaling 90 months.
5. Conditions for the The contract shall become The contract shall become The contract shall become
contract to take formally effective once effective after the formally effective once
effect signed and affixed with contractor has provided signed and affixed with
official seals by the a full performance official seals by the
legal representatives guarantee and both legal representatives
or authorized parties have signed and or authorized
representatives of both affixed with official representatives of both
parties. seals. parties.
6. Contract signing Shenzhen Wenzhou Luoyang
place
II. IMPACT ON THE COMPANY
1.The total tender amount for the above projects is approximately RMB3,335 million,
accounting for approximately 8.36% of the Company’s audited operating income in 2020
under the Chinese Accounting Standards. Given that the above projects will be implemented
in phases across years, there are uncertainties as to the impact on the current results of
2021. If formal contracts are signed for the above projects and the projects are smoothly
implemented, it is expected to have a relatively positive impact on the Company during the
implementation period of the projects.
2. The Company has no related relationships with the above bid originators, and the bid-winning
of the above projects does not affect the independence of the Company’s business.
17III. POSSIBLE RISKS
The bid-winning of the above projects has been published. Due to the relevant formalities
involved, the Company has not signed the relevant formal contracts with the bid originators
and uncertainties exist. The final amount, the terms of performance and other details of the
above projects are subject to the formally signed contracts. Investors are reminded of the
investment risks.
By order of the Board
China Railway Signal & Communication Corporation Limited*
ZHOU Zhiliang
Chairman
Beijing, the PRC
23 July 2021
As of the date of this announcement, the executive Directors of the Company are Mr. ZHOU
Zhiliang, Mr. XU Zongxiang and Mr. YANG Yongsheng, the non-executive Director of the
Company is Mr. GUO Yonghong and the independent non-executive Directors of the Company are
Mr. CHEN Jin ’en, Mr. CHAN Ka Keung Peter and Mr. YAO Guiqing.
* For identification purpose only
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