According to Zhitong Finance APP, CHINA CRSC (03969) rose over 3% in the afternoon session. As of press time, the stock was up 2.92% at HK$3.0, with a turnover of HK$14.7417 million.

On the news front, CHINA CRSC announced that it won bids for three projects from July to August, namely a railway dedicated line project, a high-speed rail public network 5G upgrade project, and a track circuit equipment supply project, with amounts of RMB 529 million, RMB 290 million, and RMB 157 million respectively, totaling RMB 976 million, accounting for approximately 2.81% of the company's audited total operating revenue for 2025. If the projects are successfully signed and implemented, the orders are expected to be gradually converted into revenue in line with construction and delivery progress.

Changjiang Securities noted that the company continues to optimize and upgrade its rail transit control system industry, accelerate the digital and intelligent upgrade of the signaling industry, promote the systematic development of system products, and consolidate its "trinity" full industrial chain advantage in rail transit; it is also actively positioning itself in strategic emerging industries and accelerating its entry into the low-altitude economy as a new track.