---
title: "CRSC Adds New A-Share Funded Rail Transit Signal Testing Base Project"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/273519696.md"
description: "China Railway Signal & Communication Corporation Limited has approved a new A-share fundraising project to establish a Rail Transit Signal System Pilot Testing Base in Changsha, Hunan, with an investment of RMB85.97 million. This project reallocates part of the proceeds from its 2019 A-share offering, representing about 0.83% of the net proceeds. The company aims to enhance its testing capabilities while maintaining the remaining funds for future projects. The latest analyst rating for the stock (HK:3969) is a Hold with a price target of HK$3.50."
datetime: "2026-01-23T13:10:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273519696.md)
  - [en](https://longbridge.com/en/news/273519696.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273519696.md)
generator: "portal-rs"
---

# CRSC Adds New A-Share Funded Rail Transit Signal Testing Base Project

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An update from China Railway Signal & Communication ( (HK:3969) ) is now available.

China Railway Signal & Communication Corporation Limited has approved the addition of a new A-share fundraising project, reallocating part of the proceeds from its 2019 A-share offering to establish a Rail Transit Signal System Pilot Testing Base Project in Changsha, Hunan. The project, with a planned investment of RMB85.97 million to be fully funded from existing raised proceeds, aims to enhance the company’s testing and verification capabilities for rail transit signal systems, while only modestly altering the original use of funds, as it represents about 0.83% of the net A-share proceeds; the remaining fundraising balance will continue to be reserved for future projects in a dedicated proceeds management account.

The most recent analyst rating on (HK:3969) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on China Railway Signal & Communication stock, see the HK:3969 Stock Forecast page.

**More about China Railway Signal & Communication**

China Railway Signal & Communication Corporation Limited is a leading provider of rail transit control systems and related technologies in China, with its A-shares listed on the Sci-Tech Innovation Board of the Shanghai Stock Exchange. The company focuses on advanced and intelligent rail signaling, control equipment and manufacturing, supporting the modernization and digitalization of railway and urban rail transit infrastructure.

**Average Trading Volume:** 4,772,798

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$59.17B

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**