Construction Machinery and Heavy Transportation Equipment

CRRC

CRRC Deepens New Energy Cooperation with Haixi Prefecture in Qinghai Province

CRRC signs a series of major contracts worth approximately 36.34 billion yuan

CRRC Announces 10.66% Increase in Net Profit Growth in Q1 2026

CRRC released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue CNY 53.82 B (forecast CNY 50.13 B), actual EPS CNY 0.12 (forecast CNY 0.1)

CRRC to Release FY2026 Q1 Earnings on April 29 During-Market (BJT), Forecast Revenue CNY 50.13 B, EPS CNY 0.1

Zhejiang Securities Analyzes CSR Corporation's Profitability and Business Growth in 2025

S&P Predicts CRRCC Order Growth Slowdown But Stable Cash Flow

CRRC Announces 2025 Annual Profit: Up 6.4%, Dividend Paid

MTR and CRRC Collaborate to Enhance Global Railway Technology Application

China Railway Rolling Stock Annual Revenue and Net Profit Fell Short of Expectations

CRRC released FY2025 annual earnings on March 27 During-Market (BJT), actual revenue CNY 273.06 B (forecast CNY 273.11 B), actual EPS CNY 0.46 (forecast CNY 0.5175)

CRRC released FY2025 Q4 earnings on March 27 During-Market (BJT), actual revenue CNY 89.2 B (forecast CNY 96.29 B), actual EPS CNY 0.1094 (forecast CNY 0.1542)

CRRC to Release FY2025 Earnings on March 27 During-Market (BJT), Forecast Revenue CNY 276.21 B, EPS CNY 0.5175

China Energy Engineering and CRRC Sign Strategic Cooperation Agreement

Feng Jianghua: AI Will Have Revolutionary Impact on Rail Transit

CRRC Approves 2026 Investment Plan and H Shares Repurchase Proposal

CRRC and Unitree Sign Strategic Cooperation Agreement to Develop Smart Solutions

CR450 EMU Undergoes Operational Testing and Design Optimization by CRRC

Huayu Yongyuan Strategic New Industry Equity Investment Fund Established with 1.2 Billion Capital

MTR and CRRC subsidiary win Sydney Metro West project contract

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S&P Global Ratings expects that CRRC's railway equipment orders will slow down this year, but cash flow levels will be maintained, partly due to improved operational efficiency. EBITDA is expected to slightly increase to RMB 26.5 billion to 27.5 billion, with EBITDA margins remaining roughly stable. The company will generate positive free operating cash flow in 2026 to 2027, based on stable profitability and prudent capital expenditures

AASTOCKS

S&P expects CRRC's railway equipment orders in China to slow down this year, with a slight increase in EBITDA

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Goldman Sachs lowers the target price for CRRC and Times Electric, expecting moderate growth in the future. CRRC's 2025 performance slightly misses expectations, with the target price reduced from HKD 6.5 to HKD 6.2, maintaining a "Buy" rating for H shares; Times Electric's performance meets expectations, with the target price lowered from CNY 59.3 to CNY 55.6, maintaining a "Neutral" rating. It is expected that CRRC's overseas business will be strong, but domestic business faces challenges; Times Electric's emerging industries drive revenue but face price competition and cost pressures

Times Electric

TIMES ELECTRIC

Goldman Sachs lowers the target prices for CRRC and Times Electric, expecting moderate growth in the future

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CRRC announced that at the eighth meeting of the fourth board of directors held on March 27, the proposal regarding the appointment of the president of CRRC Corporation Limited was reviewed and approved, agreeing to appoint Wang Feng as president, with a term from the date of approval by this board meeting until the end of the term of the fourth board of directors

Guotai CSI Mainland transport theme ETF

ChinaAMC CSI All Share Transportation ETF

GF Fund CSI Construction Machinery Theme ETF

Dacheng CSI Construction Machinery Theme ETF

CRRC appoints president

36Kr learned that "Linghou Robotics" officially announced the completion of several hundred million yuan in Series B financing. The investors in this round include SMIC Capital, Heyi Capital, Sequoia China, Guotai Junan Innovation Investment, Hefei Construction Investment Fund, and several other institutions; at the same time, existing shareholders such as Shanghai Zhiyuan, Boyuan Capital, Jinding Capital, and the Huayu Transformation and Upgrading Fund under CRRC also continued to increase their investments

36Kr

SMIC

"Monkey Robotics" announced the completion of hundreds of millions in Series B financing

CRRC announced its performance for the year 2025, with operating revenue of 273.063 billion RMB, an increase of 10.8% year-on-year. It recorded a net profit of 13.181 billion RMB, a growth of 6.4%, with earnings per share of 0.46 RMB. A final dividend of 0.12 RMB was declared

"Performance" CRRC's annual net profit is 13.181 billion RMB, an increase of 6.4%, with a final dividend of 12 cents

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MTR Corporation's collaboration with CRRC showcases mainland China's rail technology for global applications. CRRC's chief engineer highlighted the synergy between the two firms, emphasizing MTR's role as a 'superconnector' for mainland rail firms. MTR has integrated CRRC's technologies, including AI and intelligent systems, enhancing operational efficiency. The partnership aims to set international rail standards, with MTR's recent investments in CRRC and projects like the Sydney Metro West contract furthering this goal. The mainland's extensive high-speed rail network, while advanced, faces scrutiny over debt and profitability issues.

SCMP

MTR CORPORATION

MTR Corp’s use of CRRC technology can act as ‘showcase’ for rest of the world

CRRC's full-year revenue was RMB 273.06 billion, with an estimate of RMB 275.24 billion. Full-year net profit was RMB 13.18 billion, with an estimate of RMB 14.76 billion

Wallstreetcn

SIEGY

The rolling stock market is projected to grow from USD 33.97 billion in 2025 to USD 42.44 billion by 2031, at a CAGR of 3.78%. Growth is driven by government investments and a shift towards electric and hybrid trains due to decarbonization efforts. Asia-Pacific is the largest market, with significant urban rail investments in countries like China and India. The report highlights the increasing demand for automated systems and the localization of manufacturing to comply with regulations. Key players include CRRC Corporation, Alstom, and Siemens.

prnewswire

Siemens

05:29 ETRolling Stock Market to Expand at 3.78% CAGR to 2031 Asia-Pacific Emerges as the Largest Market Amid Rising Urban Rail Investments, Reports Mordor Intelligence

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According to China Railway Group, from January to February this year, the national railway completed fixed asset investment of 72.2 billion yuan, a year-on-year increase of 5.4%. China Railway stated that next, the group will fully implement the key railway construction tasks determined by the 14th Five-Year Plan, enhance the overall functionality and efficiency of the railway network, and provide strong support for serving the comprehensive expansion of domestic demand and promoting high-quality economic and social development in China

CHINA RAILWAY

CRCC

ChinaAMC CSI Infrastructure ETF

CHINA RAIL CONS

In the first two months, the national railway completed fixed asset investment of 72.2 billion yuan, an increase of 5.4% year-on-year

CRRC(601766.SH)