Stock Code: 688009 Securities abbreviation: China National Communications Corporation Announcement No.: 2020-035
China Railway Communication and signaling Co., Ltd
Bid winning announcement of important projects in rail transit market
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and shall bear legal liabilities for the authenticity, accuracy and completeness of the contents in accordance with the law.
Important content tips:
Eight important projects were awarded, including two railway markets, namely "strong current" and "weak current" system integration and related engineering yxrd bid section (hereinafter referred to as "Yichang Zhengzhou Wanzhou high speed railway tie line") after the newly-built Yichang Zhengzhou Wanzhou high-speed railway tie line (hereinafter referred to as "Yichang Zhengzhou Wanzhou high-speed rail link line"), with a bid winning amount of 225 million yuan; and the upgrading and reconstruction project of beihei Railway (Longzhen Heihe section) (hereinafter referred to as "beiheihe Railway") , with a bid amount of 458 million yuan, and six urban rail transit markets, They are the procurement and installation project of signal system of Rail Transit Line 1 and Batong line, with the bid winning amount of 105 million yuan; the general contracting project of weak current system construction of Zhengzhou airport Xuchang regional railway project (Zhengzhou section), with the bid winning amount of 289 million yuan; the bidding project of signal system of Hangzhou Airport Rail express line project, with the bid winning amount of 455 million yuan; and Zhengzhou rail transit line 10 1 Phase II project of signal system procurement project, with the bid winning amount of 255 million yuan; Jinhua Yiwu Dongyang urban rail transit project special communication system equipment procurement and service bid No. 02 million yuan; Chongqing suburban railway (rail transit extension line) Tiaodeng Jiangjin line project signal system, communication system, integrated monitoring system, AFC system integration equipment procurement project, middle bid gold 277 million yuan.
Effective conditions of the contract: the legal representatives of both parties or their authorized agents sign and affix the official seals.
Contract performance period: from the date of signing the contract to the end of the project warranty period.
Risk tips: the above-mentioned projects have been publicized as winning the bid. Due to the relevant procedures involved, no formal contract has been signed with the bid inviting party, which leads to uncertainty. Since the above projects need to be implemented in different years and stages, the impact on the current performance in 2020 is uncertain, so please pay attention to the investment risk.
From September to October 2020, China Railway Communication and signaling Co., Ltd. (hereinafter referred to as "the company") won eight important projects in the rail transit market, including Yichang Zhengzhou Wanzhou high speed railway connecting line and beihei railway; in urban rail transit market, it won the bid for signal system procurement of rail transit line 1 and Batong line through operation project And installation project, general contracting project of weak current system construction of Zhengzhou airport Xuchang City railway project (Zhengzhou section), signal system bidding project of Hangzhou Airport Rail express line project, signal system procurement project of Zhengzhou rail transit line 10 phase I project, procurement and service of special communication system equipment for Jinhua Yiwu Dongyang urban rail transit project, Chongqing suburban railway (rail transit extension line) Tiaodeng Jiangjin line project signal system, communication system, integrated monitoring system, AFC system integration equipment procurement project six important projects. The details of the bid winning project are as follows.
| Project 1 | Item 2 | |
| 1、 Basic information of the project | ||
| 1. Project name | Yichang Zhengzhou Wanzhou high speed railway connecting line | Beihei Railway |
| 2. The bidder | Wuhan Jiulong passenger dedicated line Hubei Co., Ltd | Heihe railway upgrading and reconstruction Co., Ltd |
| 3. Bid winning amount (100 million yuan) | 2.25 | 4.58 |
| 4. Project overview | The main line length of Yichang Zhengzhou Wanzhou high speed railway tie line is 108.48km, and the design running speed of the line is 350km / h. CTCS-3 high-speed rail train operation control system will be equipped. The company will be responsible for the equipment procurement, system commissioning and other system integration work of communication and signal engineering of Yichang Zhengzhou Wanzhou high speed railway tie line, and cooperate with the joint commissioning, test run and other work. | The total length of beihei railway is 302.689km. The design running speed of the line is 160km / h. There are 14 stations in the whole line, including 7 reconstructed stations, 6 new stations and 1 reserved station. The company will be responsible for the equipment procurement and system commissioning of the communication, signal, information and safety monitoring engineering of the whole line of beihei railway, and cooperate with the joint commissioning and trial operation. |
| 2、 Situation of the other party | ||
| 1. Enterprise name | Wuhan Jiulong passenger dedicated line Hubei Co., Ltd | Heihe railway upgrading and reconstruction Co., Ltd |
| 2. Nature of enterprise | State owned enterprises | State owned enterprises |
| 3. Legal representative | Wang Zhijian | Chen Yingwu |
| 4. Registered capital | 39612.5 million yuan | 100 million yuan |
| 5. Date of establishment | 2015-03-10 | 2020-07-10 |
| 6. Main office location | Liantou building, No.399, Wenhua Avenue, Jiangxia District, Wuhan City, Hubei Province | No. 318, Railway Street, Hezuo District, Heihe City (Free Trade Zone) |
| 7. Major shareholders | China Railway Wuhan Bureau Group Co., Ltd. Hubei Passenger Railway Investment Co., Ltd. China Railway Development Fund Co., Ltd | Heihe state owned assets supervision and Administration Office |
| 8. Main business | Engineering construction management, railway transportation business; materials and equipment procurement and sales; transportation business consulting services; advertising, catering services; real estate comprehensive development and operation; property management; logistics management. | Railway engineering construction, train waiting room housing, workshop, boiler room, chimney, water tower engineering construction activities, railway transportation network management services, railway water supply services, electrical installation, stringing and equipment engineering construction, municipal facilities management services. |
| 3、 Main terms of the contract to be signed | ||
| 1. Contract amount (100 million yuan) | 2.25 | 4.58 |
| 2. Payment schedule | The project shall be paid according to the process of advance payment, progress payment, completion acceptance and quality assurance payment. | The project shall be paid according to the process of advance payment, progress payment, completion acceptance and quality assurance payment. |
| 3. Place of performance | Hubei Province | Heilongjiang Province |
| 4. Term of performance | From the signing date of the contract to the end of the project warranty period, the project implementation period is about 26 months, and the warranty period is 12 months, a total of 38 months. | From the signing date of the contract to the end of the project warranty period, the project implementation period is about 36 months, the warranty period is 24 months, a total of 60 months. |
| 5. Effective conditions of the contract | The legal representatives of both parties or their authorized agents shall sign and affix the official seal to take effect. | The legal representatives of both parties or their authorized agents shall sign and affix the official seal to take effect. |
| 6. Place of signing the contract | Wuhan City | Heihe City |
| Project 3 | Item 4 | Item 5 | |||||
| 1、 Basic information of the project | |||||||
| 1. Project name | Signal system procurement and installation project of Rail Transit Line 1 and Batong line through operation project | General contracting project of weak current system construction of Zhengzhou airport Xuchang City railway project (Zhengzhou section) | Signal system bidding project of Hangzhou Airport Rail Express Line Project | ||||
| 2. The bidder | Beijing Metro Operation Co., Ltd | Zhengzhou Metro Group Co., Ltd | Hangzhou Metro Group Co., Ltd | ||||
| 3. Bid winning amount (100 million yuan) | 1.05 | 2.89 | 4.55 | ||||
| 4. Project overview | The project is the transformation of track line and electromechanical equipment system of Rail Transit Line 1 and Batong line, realizing the connection of track line and electromechanical equipment system, and realizing the adaptive transformation of existing vehicles. The company will be responsible for the procurement, transformation, upgrading, installation, commissioning and equipment removal of signal system equipment at the main line, control center, standby control center, depot, test line, maintenance center, training center, etc. | The total length of the project is about 33.43km, including 28.35km underground line, 0.32km transition section and 4.76km elevated section. A total of 16 stations are set up, all of which are underground stations. In Zhengzhou section, there is a depot in the north of port area. The company will be responsible for the construction, installation, commissioning and accompanying services of communication system, integrated monitoring system, environment and equipment monitoring system, public security technology prevention system, automatic fare collection system, fire alarm system and gas fire extinguishing system within the whole line of the project. | Hangzhou Airport Rail express line project starts from Tiaoxi station and ends at Jingjiang station. The line is 59.14km long, with 15 stations, including 14 transfer stations. The airport rail express line project sets up a vehicle base and a parking lot, which are Cangqian vehicle base and Jingjiang parking lot respectively. The control center shares the Qibao control center. At the initial stage of the project, 45 6-car trains are allocated. The company will be responsible for the procurement and integration of signal system equipment of the project. | ||||
| 2、 Situation of the other party | |||||||
| 1. Enterprise name | Beijing Metro Operation Co., Ltd | Zhengzhou Metro Group Co., Ltd | Hangzhou Metro Group Co., Ltd | ||||
| 2. Nature of enterprise | State owned enterprises | State owned enterprises | State owned enterprises | ||||
| 3. Legal representative | Xie Zhengguang | Zhang Zhou | Shao Jianming | ||||
| 4. Registered capital | 405.7 million yuan | 2779 million yuan | 54163014600 yuan | ||||
| 5. Date of establishment | 2002-12-25 | 2008-03-06 | 2002-08-22 | ||||
| 6. Main office location | 2 Xizhimenwai street, Xicheng District, Beijing | No.100 Kangning street, Zhengzhou area (Zhengdong), Henan pilot Free Trade Zone | T2 building, 516 Jiuhe Road, Jianggan District, Hangzhou City, Zhejiang Province | ||||
| 7. Major shareholders | Beijing Infrastructure Investment Co., Ltd | Zhengzhou Development Investment Group Co., Ltd. Zhengzhou non Tax Revenue Management Bureau Guokai development fund Co., Ltd | Hangzhou Municipal People's Government Hangzhou Xiaoshan District People's Government Hangzhou Yuhang District People's Government State Development Fund Co., Ltd. Hangzhou Qiantang New Area Management Committee Hangzhou Binjiang District People's Government | ||||
| 8. Main business | Investment and investment management; metro transportation; design, installation, repair and technology development of metro vehicles and equipment; advertising through self media; rental of office space; rental of commercial housing; environmental monitoring. | Investment in rail transit projects; construction and operation of rail transit projects; commercial housing leasing; property services; leasing of communication equipment; sales of construction machinery and equipment and building materials; design, production, agency and release of domestic advertising; import and export of goods and technology; and consulting related to rail transit. | Construction, operation and management of rail transit, housing demolition services (with qualification), import and export of goods and Technology (except for items prohibited by laws and administrative regulations, which can only be operated after obtaining permission for projects restricted by laws and administrative regulations); services: leasing of construction machinery and equipment; housing rental; domestic advertising design Production, agency, release, real estate development | ||||
| Operation, parking lot management, property management, etc. | |||||||
| 3、 Main terms of the contract to be signed | |||||||
| 1. Contract amount (100 million yuan) | 1.05 | 2.89 | 4.55 | ||||
| 2. Payment schedule | The project shall be paid according to the process of down payment, progress payment, completion acceptance payment and quality assurance payment. | The project shall be paid according to the process of down payment, progress payment, completion acceptance payment and quality assurance payment. | The project shall be paid in accordance with the procedures of advance payment, payment for equipment, completion acceptance, settlement payment, and quality assurance payment. | ||||
| 3. Place of performance | Beijing | Zhengzhou City | Hangzhou | ||||
| 4. Term of performance | From the signing date of the contract to the end of the project warranty period, the project implementation period is about 17 months, and the warranty period is 24 months, a total of 41 months. | From the signing date of the contract to the end of the project warranty period, the project implementation period is about 24 months, and the warranty period is 24 months, a total of 48 months. | From the signing date of the contract to the end of the project warranty period, the project implementation period is about 20 months, and the warranty period is 24 months, a total of 44 months. | ||||
| 5. Effective conditions of the contract | This contract shall come into force as of the date when both parties sign and affix the contract special seal or official seal. | This contract shall come into force after being signed and sealed by both parties. | After the legal representatives or authorized agents of both parties sign the contract and affix the official seal respectively, and the buyer has received the performance bond submitted by the seller, the contract will become effective. | ||||
| 6. Place of signing the contract | Beijing | Zhengzhou City | Hangzhou | ||||
| Item 6 | Item 7 | Item 8 | |||||
| 1、 Basic information of the project | |||||||
| 1. Project name | Signal system procurement project of Zhengzhou rail transit line 10 phase I Project | Special communication system equipment procurement and service bid 02 of Jinhua Yiwu Dongyang Urban Rail Transit Project | Chongqing suburban railway (rail transit extension line) Tiaodeng Jiangjin line project signal system, communication system, integrated monitoring system, AFC system integrated equipment procurement project | ||||
| 2. The bidder | Zhengzhou Metro Group Co., Ltd | Jinhua jinyidong Rail Transit Co., Ltd | China Railway 16th Bureau Group Electrification Engineering Co., Ltd | ||||
| 3. Bid winning amount (100 million yuan) | 2.55 | 1.02 | 2.77 | ||||
| 4. Project overview | The total length of the project is about 21.864km, with 12 underground stations, including 6 transfer stations. A hongshipo depot is set up in the first phase of the project, which is located in the northeast quadrant of the intersection of Zhongyuan West Road and West Ring Expressway. The entrance and exit section lines are connected with Shangyin Road station and Miaowang station, covering an area of about 30.65 hectares. A main transformer of Zhengzhou West Railway station is newly built. The company will be responsible for 21.864km double main line, 12 main line stations, 18 trains, 1 control center, 1 standby control center, 1 vehicle base, 1 test line and 1 maintenance department | The project is composed of Jinhua Yiwu section and Yiwu Dongyang (Hengdian) line, with a total length of 107.166km. There are 31 stations, including 13 underground stations and 18 elevated stations, with an average station spacing of 3.57km. The company will be responsible for the procurement and integration services of special communication system equipment such as video monitoring system, passenger information system, communication power system, etc. | The total length of the project is about 28.22km, including 5.80km underground line, 19.62km elevated line and 2.80km ground and transition section. Six new stations, Shuangfu depot and control center are set up in the whole line. The company will be responsible for the procurement of communication, signal and other system equipment of the project and system integration of the whole project. | ||||
| Signal system equipment supply, system debugging and other services of repair center and 1 training center. | |||||||
| 2、 Situation of the other party | |||||||
| 1. Enterprise name | Zhengzhou Metro Group Co., Ltd | Jinhua jinyidong Rail Transit Co., Ltd | China Railway 16th Bureau Group Electrification Engineering Co., Ltd | ||||
| 2. Nature of enterprise | State owned enterprises | State owned enterprises | State owned enterprises | ||||
| 3. Legal representative | Zhang Zhou | Zheng Gongmin | Dong Yanbin | ||||
| 4. Registered capital | 2779 million yuan | 1 million yuan | 195 million yuan | ||||
| 5. Date of establishment | 2008-03-06 | 2016-07-04 | 2001-03-07 | ||||
| 6. Main office location | No.100 Kangning street, Zhengzhou area (Zhengdong), Henan pilot Free Trade Zone | 6th floor, phase II, LianJian building, 1299 Guangnan Road, duohu street, Jindong District, Jinhua City, Zhejiang Province | Peicun North Lane, louzizhuang Township, Chaoyang District, Beijing | ||||
| 7. Major shareholders | Zhengzhou Development Investment Group Co., Ltd. Zhengzhou non Tax Revenue Management Bureau Guokai development fund Co., Ltd | Jinhua rail transit Group Co., Ltd. Yiwu transportation Tourism Industry Development Group Co., Ltd. Dongyang transportation investment and Construction Group Co., Ltd | China Railway 16th Bureau Group Co., Ltd | ||||
| 8. Main business | Investment in rail transit projects; construction and operation of rail transit projects; commercial housing leasing; property services; leasing of communication equipment; sales of construction machinery and equipment and building materials; design, production, agency and release of domestic advertising; import and export of goods and technology; and consulting related to rail transit. | Investment, construction and operation management of rail transit projects; collection, storage and development of supporting land along rail transit. | To undertake the installation (repair and test) of electric power facilities (three-level installation) (the license for carrying out (repair and test) power facilities is valid until March 05, 2025); professional contracting; technical promotion services; import and export of goods; sales of communication equipment, mechanical equipment, building materials, decoration materials, instruments and meters, metal materials. | ||||
| 3、 Main terms of the contract to be signed | |||||||
| 1. Contract amount (100 million yuan) | 2.55 | 1.02 | 2.77 | ||||
| 2. Payment schedule | The project shall be paid according to the process of advance payment, design liaison completion payment, equipment payment, pre inspection collection, completion acceptance collection and final inspection collection. | The project shall be paid in accordance with the process of advance payment, progress payment, pre inspection collection, settlement payment, quality assurance payment, spare parts, special tools payment, etc. | The project is paid according to the process of advance payment, payment, acceptance payment and settlement. | ||||
| 3. Place of performance | Zhengzhou City | Zhejiang Province | Chongqing | ||||
| 4. Term of performance | From the signing of the contract to the end of the project warranty period, the project implementation period is 27 months, the warranty period is 24 months, a total of 51 months. | From the signing date of the contract to the end of the project warranty period, the project implementation period is about 24 months, and the warranty period is 24 months, a total of 48 months. | From the signing date of the contract to the end of the project warranty period, the project implementation period is about 12 months, the warranty period is 24 months, a total of 36 months. | ||||
| 5. Effective conditions of the contract | The contract will come into effect after the legal representatives or authorized representatives of both parties sign and affix the official seal of the company and the seller submits qualified performance bond. | The legal representatives of both parties or their authorized agents shall sign and affix the official seal to take effect. | The legal representatives of both parties or their authorized agents shall sign and affix the official seal to take effect. | ||||
| 6. Place of signing the contract | Zhengzhou City | Jinhua City | Chongqing |
1. The total bid winning amount of the above projects is about 2.166 billion yuan, accounting for 5.2% of the company's audited operating revenue in 2019 under the Chinese accounting standards. Because the above-mentioned projects are implemented in different years and stages, the impact on the current performance in 2020 is uncertain; if the above projects are signed a formal contract and implemented smoothly, it is expected to have a more positive impact on the company during the implementation of the project.
2. There is no association between the company and the above bidders, and the bid winning of the above projects will not affect the business independence of the company.
The above projects have been publicized for winning the bid. Due to the relevant procedures involved, no formal contract has been signed with the bid inviting party, so there is uncertainty. The final amount and performance terms of the above projects are subject to the formal contract signed. Please pay attention to the investment risks of the investors.
It is hereby announced.
Board of directors of China Railway Communication and signaling Co., Ltd
November 17, 2020
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