UniTTEC (SHE:000925) won the bid for the signal system of the first phase of the Wenzhou Urban Railway S3 Line for 219.18 billion yuan.
The S3 Line has a total length of 33.2 kilometers, with one underground station and 10 elevated stations, according to a Monday filing with the Shenzhen bourse.
Shares of the rail transit services provider closed 1% higher Tuesday.
Price (RMB): ¥5.49, Change: ¥+0.060, Percent Change: +1.10%
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