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A consortium including CRRC Corporation has won a $5.6 billion contract for metro construction in Dubai.
① The new metro contract in Dubai has been awarded to a consortium of Turkish and Chinese companies, with CRRC Corporation responsible for the railroads system; ② The blue line spans a total length of 30 kilometers, has three transfer stations, and upon completion, will cross the Dubai River for the first time through a 1300-meter-long bridge; ③ The blue line project is expected to generate a benefit-cost ratio of 2.60 by 2040, with anticipated total revenues exceeding 56.5 billion dirhams.
Beijing Tianyishangjia new material corp.: Launching multiple collaborations in the low-altitude economy and commercial rocket fields, downstream demand for photovoltaics has not significantly improved. | Directly hitting the earnings conference
1. The company cooperates with AVIC, Shide Technology, and other enterprises to produce various structural components such as aircraft frames, wings, and prepreg materials. Its holding subsidiary Tianrendao and Xinghe Power have signed a strategic cooperation agreement to cooperate in the research and development and manufacturing of rocket fairings, attitude control cabins, and other sections; 2. The company's R&D of carbon-carbon cartridges is used for the high-temperature process in the production of positive and negative electrodes for lithium batteries, which has been verified and entered the mass production and delivery stage by multiple leading customers in the industry.
Star Charge's parent company has restarted its A-share IPO and has become a unicorn in the digital energy sector. Both Hillhouse Capital and IDG have invested.
①Wanbang Energy had its first A-share listing counseling filing in October 2020; ② Wanbang Energy once considered a Hong Kong IPO, but it was unsuccessful; ③ Competitor company Teld has also entered the listing counseling stage in the same industry.
Pressure on rail transit business, China Railway Signal & Communication Corporation's revenue and net profit both declined in the first three quarters, speeding up the layout of low-altitude economy.
①Yao Guiqing stated that although national policies are tightening, the construction of urban rail transit systems has temporarily slowed down in some regions due to factors such as local debt risks, but there are sufficient existing projects under construction and in planning nationwide to support industry development; ②Regarding the industrialization of low-altitude economy, Yao Guiqing mentioned that the company has already obtained the "Civil Unmanned Aerial Vehicle Operation Certificate", and it is expected that low-altitude economy-related operations will have a positive impact on the company's performance.
It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
China Railway Signal & Communication Corporation: has obtained the drone operation qualification certificate, domestic urban rail transit construction will still maintain a relatively high intensity|A close look at the earnings conference
① Yao Guiqing said that a number of subsidiaries have obtained the “Civil Unmanned Aircraft Operation Certificate”, etc., and it is expected that low-altitude economy-related businesses will have a positive impact on the company's performance; ② Some market agency analysts said that China Express's low-altitude economy business is still in the early stages of development.