China Railway Signal & Communication Corporation Limited announced that in July and August 2023, the Company has been awarded a total of five important projects in rail transit market, including one important project awarded in the railway market, namely the " strong electricity" and " weak electricity" system integration and related construction project in respect of the XJRD bidding section of the newly-constructed Xiangyang-Jingmen High-speed Railway Overview of the project. The main line of this project has a total length of 116.231 km, and the designed running speed of the line is 350 km/h. It will be equipped with the CTCS-3 high-speed train operation control system. The Company will be responsible for the equipment procurement, system debugging and other system integration works for communications, signaling, information and other engineering aspects of this project, and will cooperate with joint debugging and trial operation.

Major terms and conditions of the contract to be signed. The total length of the metro line of this project is 59.9 km with 37 underground stations. At the initial stage of the project, 79 trains/474 carriages will be allocated.

The Company will be responsible to the integration of the signaling system for this project. The total length of the Metro line of this project is 45.214 km with 37 underground stations. The Company will be responsible of the supply and integration of signaling system, integrated monitoring system, communication system and platform door system, as well as the consistency coordination of fully automatic driving and the construction of the signaling system for this projects.

Major terms and conditions of The contract to be signed. Amount of the contract (RMB 100 million), 6.38, 3.03, 2. Payment schedule, The payment for the project shall be made in the forms of advance payment, progress payment, delivery payment, payments on commencement, preliminary payments on acceptance and final acceptance payment., The payment for the project shall been made in the forms of progress payment, equipment delivery payment, unit project acceptance payment and quality assurance payment., 3.17. Place of performance, From the signing date of the contract to the end of the warranty period of the project.

The Company will be responsible For the medium-sized repair for the radio subsystem, transmission subsystem and video surveillance subsystem of the communication system for this project. The Total length of the metro line of the Guiyang Rail Transit Line S1 is 54.5 km with 24 stations. The total length of phase 1 metro line is 30.3 km with 13 stations; the total length of phase 2 metro line is 24.2 km with 11 stations.

The Company will be involved for the integration of communication system and other work for this project. Major terms and conditions of the contract to be signed. The payment for the project shall being made in the forms of advance payments, delivery payment, project acceptance payment, completion acceptance payment and quality assurance payment.

The payment for the project will be made in the forms of advanced payment, progress payment, debugging payment, completion settlement payment and quality assurance payment.