China General Number: Announcement on Voluntary Disclosure of Winning Bids for Important Projects in the Rail Transit Market
DATE:  Mar 28 2025

Securities code: 688009 Securities abbreviation: China General Number Announcement No.: 2025-007

China Railway Communication and Signal Co., Ltd

Announcement on Voluntary Disclosure of Winning Bids for Important Projects in the Rail Transit Market

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Important Content Notes:

A total of eight important projects were awarded, including four in the railway market, namely the new Zhuhai to Zhaoqing Gao

Tiejiangmen to the Pearl River Delta hub airport section of the "four electricity" project, production and living housing and related projects JJZH-2

The winning bid amount is 621 million yuan, and the new railway and related projects from Shenzhen to Shenzhen-Shantou Cooperation Zone

SSSG-11 Bid Section Project, Winning Bid of 368 Million Yuan, National Backbone Communication Network Project (Chengdu Bureau Section)

and railway special communication optical cable project (Chengdu Bureau Section) project, with a bid amount of 179 million yuan;

Gasification Bureau Group, Chengdu-Chongqing Middle Line Railway (including Shiling South Station), Chengdu Hub, Chengdu Station Reconstruction and related projects

CYDJS-4 bid section project signal system equipment package procurement project, the winning bid amount of 111 million yuan. Urban Rail

There are four transportation markets, namely the Xiong'an New Area to Beijing Daxing International Airport Express Line Project Part B has been put into operation

Integrated project, with a bid amount of 1.097 billion yuan, Algiers Metro Line 1 AIN NAADJA - BARAKI

The winning bid amount of the expansion of the M&E installation and decoration project is equivalent to approximately RMB613 million;

Zhou Perth HCS renovation project, won the bid amount of 227 million yuan, Shijiazhuang City Rail Transit Line 4 No. 1

The project of signal system procurement of the project won the bid of 202 million yuan.

Conditions for the contract to take effect: The legal representatives of both parties or their authorized agents sign and affix the official seal

(and other conditions agreed upon by the parties).

Contract performance period: from the signing of the contract to the end of the project warranty period (as well as meeting the requirements agreed by both parties).

He conditions).

Risk warning: The above projects have won the bid and have not yet been with the tenderer due to the relevant formalities

There is uncertainty about the signing of relevant formal contracts; There is a risk of exchange rate fluctuations in the currency of the country where the overseas project is located;

As the above projects need to be implemented in phases across years, there is uncertainty about the impact on the current performance in 2025

Investors should be aware of the investment risks.

From January to February 2025, China Railway Communication and Signal Co., Ltd. (hereinafter referred to as the "Company")

A total of eight important projects have been won in the rail transit market, including four in the railway market and four in the urban rail transit market

Piece. The details of the winning projects in this announcement are as follows:

1. Relevant information about the bid-winning projects in the railway market

Item 1 Item 2

First, the basic situation of the project

1. Project Name: New Zhuhai-Zhaoqing High-speed Railway, Jiangmen-Pearl River Delta Hub, New Shenzhen-Shenzhen-Shantou Cooperation Zone Railway, Four Electric Stations and Phases

New York Airport Section "Four Electricity" Project, Production and Living Housing Project SSSG-11 Bid Section Project

Housing and related works JJZH-2 bid section project

2. Tenderee

Guangdong Zhuzhao Railway Co., Ltd. Xiamen-Shenzhen Railway Guangdong Co., Ltd

3. Winning bid amount (100 million yuan) 6.21 3.68

4. Project Overview The total length of the project line is 98.6km, and the line design line is 125.486km, and the line is designed

The speed of the vehicle is 350km/h, and it will be equipped with the CTCS-3 class with a total driving speed of 350km/h, of which Xili to Luo

control system. The Hubei section is 250km/h and will be equipped with CTCS-3 trains

The company will be responsible for the whole line of communication and signal control system of the project.

The company will be responsible for the whole line of communication and signal of the project

System integration work, and cooperate with the equipment procurement and installation of joint debugging, joint testing, trial and other projects, system commissioning, etc

Running and other work. System integration work, and cooperate with joint debugging and joint testing

Running and other work.

Second, the main person who intends to sign the contract

Terms and conditions

1. Contract amount (100 million yuan) 6.21 3.68

2. Payment schedule

The project is settled according to the advance payment, progress payment, and completion The project is settled according to the advance payment, progress payment, and completion settlement

payment, warranty payment and other processes. payment, warranty payment and other processes.

3. Place of fulfillment: Guangdong Province, Guangdong Province

4. Performance period from the signing of the contract to the end of the project warranty period, wherein

The project execution period is 17 months, and the warranty period is about 28 months

24 months for a total of 41 months. for 12 months for a total of 40 months.

5. Conditions for the contract to take effect shall be signed by the legal representatives or authorized agents of both parties

word, and stamped with the official seal or contract special seal from the date of the word, and stamped with the official seal or contract special seal from the date

Officially in force. Officially in force.

6. Place of contract signing: Guangzhou, Shenzhen

Item 3 Item 4

First, the basic situation of the project

1. Project Name: National Backbone Communication Network Project (Chengdu Bureau Section) China Railway Electrification Bureau Group Chengdu-Chongqing Middle Line Railway

and railway special communication optical cable project (Chengdu Bureau management (including Shiling South Station), Chengdu hub Chengdu station change

Section) project construction and related works CYDJS-4 bid section project letter

No. system equipment package procurement project

2. Tenderee

China Railway Chengdu Bureau Group Co., Ltd. China Railway Electrification Bureau Group Co., Ltd

3. Winning bid amount (100 million yuan) 1.79 1.11

4. Project Overview The national backbone communication network project of this project (Chengdu Bureau) This project is within the scope of Chengdu Station due to the middle line of Chengdu and Chongqing

The length of the optical cable is about 1343.499km, and the introduction of the parking lot renovation project, including the East Ring Road

Railway special communication optical cable project (Chengdu Bureau Section) Line reconstruction, Chengdu-Chongqing line reconstruction, moving left line reconstruction,

The length of the optical cable is about 1355.499km. Carry out the right line reconstruction and other projects.

The company will be responsible for the construction of the communication system of the project, and the company will be responsible for the train control center and rail of the project

Make. The supply of signal equipment such as channel circuits and transponders

Try to work.

Second, the main person who intends to sign the contract

Terms and conditions

1. Contract amount (100 million yuan) 1.79 1.11

2. Payment schedule The project is in accordance with the advance payment, progress payment, and completion settlement The project is in accordance with the progress payment, completion settlement payment, and warranty

payment, warranty payment and other processes. and other processes.

3. Place of fulfillment: Sichuan Province, Guizhou Province, Sichuan Province

4. Performance period from the signing of the contract to the end of the project warranty period, wherein

The project execution period is about 17 months, and the warranty period is about 45 months

24 months for a total of 41 months. for 24 months for a total of 69 months.

5. Conditions for the contract to come into force from the date when the legal representatives or authorized agents of both parties sign and affix the special seal of the contract

words, and stamped with the official seal or the date of the contract from the date of formal effect.

Officially in force.

6. Place of signing of the contract: Chengdu City, Xi'an City

2. Relevant information about the winning projects in the urban rail transit market

Item V Item VI

First, the basic situation of the project

1. Project Name: Xiong'an New Area to Beijing Daxing International Airport Express Project Algiers Metro Line 1 AIN NAADJA -

Part B: Expansion of the BARAKI section of the integrated project of construction, construction and operation, mechanical and electrical installation and decoration

Project

2. Tenderer L'Entreprise Métro d'Alger (Alger).

Hebei Xiong'an Rail Express Co., Ltd. (Jier Metro Company)

3. Winning bid amount (100 million yuan) 10.97 11.422 billion dinars (equivalent to 6.13 yuan

100 million yuan)

4. Project Overview The total length of the project line is 86.26km, with a total of 8 lines The total length of the project line is 4.464km, with a total of 4 seats

Stop; The initial project was equipped with 26 trains. Stop.

The company will be responsible for the design and machine of the project

and construction and installation. Supply and installation of equipment for electricity, strong electricity and communication engineering

Job.

Second, the main person who intends to sign the contract

Terms and conditions

1. Contract amount (100 million yuan) 10.97 11.422 billion dinars (equivalent to 6.13 yuan

100 million yuan)

2. Payment schedule The project is based on the advance payment, progress payment, acceptance payment, and the project is paid according to the milestone payment method (advance payment +

Warranty payment and other processes to pay. Installment payments).

3. Place of fulfillment: Beijing, Hebei Province, Algeria

4. Performance period from the signing of the contract to the end of the project warranty period, wherein

The project execution period is approximately 18 months, and the warranty period is 24 months

for 24 months for a total of 42 months. 24 months for a total of 48 months.

5. The conditions for the contract to take effect shall be signed by the legal representatives or authorized agents of both parties, and the approval of the relevant foreign investment regulatory authorities shall be met and completed by both parties

words, and stamped with the official seal or the date of the contract is signed, and the owner's financial allocation is in place.

Officially in force. The owner issues a notice of entry into force of the contract

after the contract comes into force.

6. Place of signing of the contract: Xiong'an New Area, Algeria

Item VII Item VIII

First, the basic situation of the project

1. Project Name: Australia Perth HCS Renovation Project Shijiazhuang City Urban Rail Transit Line 4 Phase I

Signaling system procurement project

2. TENDERER: ALSTOM TRANSPORT AUSTRALIA PTY

LIMITED (Alstom Australia Transport Limited Shijiazhuang Rail Transit Group Co., Ltd

Company)

3. Winning bid amount (100 million yuan) 2.27 2.02

4. Project Overview This project is a full-line ATS renovation project, with a total length of 22.69km and a total of 20 seats

Involving 5 lines, 178 km, 71 stations, stations; At the beginning of the project, 22 vehicles were equipped.

After the transformation, 7 lines and 250 kilometers will be formed, and the company will be responsible for the integration of the signal system of the project

89 stations. Job.

The company will be responsible for the ATS system of the entire project

Equipment supply and commissioning.

Second, the main person who intends to sign the contract

Terms and conditions

1. Contract amount (100 million yuan) 2.27 2.02

2. Payment schedule The project is in accordance with the progress payment, completion settlement payment, and warranty The project is in accordance with the advance payment, progress payment, acceptance payment,

and other processes. Warranty payment and other processes to pay.

3. Place of fulfillment Shijiazhuang City, Australia

4. Performance period from the signing of the contract to the end of the project warranty period, wherein

The project execution period is approximately 83 months, and the warranty period is approximately 27 months

24 months for a total of 107 months. 24 months for a total of 51 months.

5. Conditions for the contract to come into force shall be signed by the legal representatives or authorized agents of both parties

words, and stamped with the official seal or the date of the contract special seal signed and stamped with the official seal after the formal effect.

Officially in force.

6. Place of signing of the contract Shijiazhuang City, Australia

3. Impact on the company

1. The total amount of bids for the above projects is approximately RMB3.418 billion, accounting for approximately the Company's PRC accounting standards

9.24% of audited operating income for 2023. Because the above-mentioned projects will be implemented in phases across years, for the current period of 2025

uncertainties about the impact on performance; If the above projects sign a formal contract and are successfully implemented, it will be pre-implemented during the project implementation period

has a positive impact on the company.

2. The company has no affiliation with the above-mentioned tenderer, and the above-mentioned project is independent of the company's business

No impact.

Fourth, possible risks

The above projects have won the bid publicity, because it involves relevant procedures, and has not yet signed a formal contract with the tenderer

Again, there is uncertainty. The final amount of the above items, performance terms and other contents are subject to the officially signed contract.

There is a risk of exchange rate fluctuations in the currency of the country where the overseas project is located, so investors are advised to pay attention to the investment risk.

The announcement is hereby made.

Board of Directors of China Railway Communication and Signal Co., Ltd

March 28, 2025

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