Encourage social capital to participate in Railroads construction and Operation. The Railroads Industry is expected to welcome a high prosperity cycle.
① The General Office of the Communist Party of China and the General Office of the State Council issued an opinion on accelerating the construction of a unified and open Transportation market. It mentions encouraging and guiding social capital to legally and properly participate in Railroads construction and Operation; ② Southwest Securities Research Reports point out that with the accelerated replacement of equipment, increased maintenance of high-speed trains, and improvement in the bidding and delivery of new locomotives, Railroads equipment is experiencing a new prosperity cycle.
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.
sieyuan electric's net profit in the first three quarters increased by about 30%, with overseas orders potentially becoming a major boost. | Interpretations
sieyuan electric achieved a year-on-year double increase in Q3 revenue and net profit, with growth rates of 29.39% and 34.95% respectively. This year, the company's order target is 20.6 billion yuan. When the company accepted the institutions' survey in September, it stated that the contribution of overseas business to the company's total business volume is expected to continue to increase.
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.
Unveil! With huge trading volume, which A-shares are institutions chasing after?
The heat of A shares is still continuing!
Times Electric's net profit in the first half of the year increased by 30.56% year-on-year. Some of the investment projects are delayed.
1. Times electric stated that in the first half of 2024, revenue growth benefited from the growth of railroad investments, passenger traffic recovery, and other factors, with the year-on-year growth of the acceptance and delivery volume of rail transportation products. 2. Times electric's subsidiary, Yixing Zhongche Times Semiconductors Co., Ltd., plans to invest approximately 0.946 billion yuan in the construction of medium and low voltage power component production capacity (Yixing) project.