BII Railway Transportation Technology Logs 2.50 Billion Yuan in New Contracts, Projects in 2024

MT Newswires Live
01-23

BII Railway Transportation Technology Holdings (HKG:1522) recorded new contracts and bid-winning projects worth around 2.50 billion yuan in 2024, a Thursday Hong Kong bourse filing said.

The intelligent railway transportation service provider entered the Philippine market in the fourth quarter of 2024 and won the bidding project for the system supply of 7 trains in the Philippines.

The group also executed Beijing Rail Transit Line 13 and Line 22 project contracts worth 600 million yuan during the reporting period.

The group also unveiled the world's fastest high-speed rail train, CR450, in the fourth quarter and delivered the Shenyang Metro Line 3 Phase I project during the year.

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