UniTTEC Wins 219-Billion-Yuan Signal System Bid for Railway Line

MT Newswires Live

2024/09/03

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): Â¥5.49, Change: Â¥+0.060, Percent Change: +1.10%

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