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Annual Report 2019 Mobility
(a joint stock limited company incorporated in the People’s Republic of China with limited liability) Stock Code: 1766 Annual Report Annual Report 2019 Mobility 2019 for Future Connection Important 1 The Board and the Supervisory Committee of the Company and its Directors, Supervisors and Senior Management warrant that there are no false representations, misleading statements contained in or material omissions from this annual report and they will assume joint and several legal liabilities for the truthfulness, accuracy and completeness of the contents disclosed herein. 2 This report has been considered and approved at the seventeenth meeting of the second session of the Board of the Company. All Directors attended the Board meeting. 3 Deloitte Touche Tohmatsu CPA LLP has issued standard unqualified audit report for the Company’s financial statements prepared under the China Accounting Standards for Business Enterprises in accordance with PRC Auditing Standards. 4 Liu Hualong, the Chairman of the Company, Li Zheng, the Chief Financial Officer and Wang Jian, the head of the Accounting Department (person in charge of accounting affairs) warrant the truthfulness, accuracy and completeness of the financial statements in this annual report. 5 Statement for the risks involved in the forward-looking statements: this report contains forward-looking statements that involve future plans and development strategies which do not constitute a substantive commitment by the Company to investors. Investors should be aware of the investment risks. 6 The Company has proposed to distribute a cash dividend of RMB0.15 (tax inclusive) per share to all Shareholders based on the total share capital of the Company of 28,698,864,088 shares as at 31 December 2019. -
Chinese-Built Subway Cars Well-Reputed in India by Yuan Jirong from People’S Daily
Chinese-built subway cars well-reputed in India By Yuan Jirong from People’s Daily Metro Line 1 is the only subway track of Mumbai, the financial centre of India. It drives through Mumbai’s information technology center Versova, manufacturing center Ghatkopar, as well as the city’s largest transportation hub Andheri. All the 16 trains running on the line were produced by China’s CRRC Nanjing Puzhen Co., Ltd. The 16 trains have maintained over 6 million kilometers of safe operation since the metro line came into service in June 2014. These subway cars have won the trust and praise of the Indians because of the quality and comfort they offer, opening broad space for rail traffic cooperation between China and India. The Chinese subway cars are made of light-weight stainless steel with fire-resistant silver doors. Each one of them has eight sliding doors that can open wide to offer easy access for wheelchairs. Even when the number of passengers rises sharply at around 5 p.m. every day, these trains are still able to handle the huge capacity. The interior of the train is clean, bright and spacious. The floor is slip-resistant and the seats are arranged in a longitudinal fashion. The facilities are user-friendly, such as the LCD televisions that broadcast dynamic route maps and entertaining programs for passengers. The air conditioners could automatically adjust the temperature through sensors installed. The windows are made by double-glazed glasses, blocking outside noises. In addition, the train is also equipped with first-aid supplies, firefighting equipment and communication devices. -
PR110/18 28 December 2018 Arrival of New Generation Light Rail
PR110/18 28 December 2018 Arrival of New Generation Light Rail Vehicle Two brand new Light Rail Vehicles (LRVs) were delivered to the MTR Corporation’s Tuen Mun Depot today (28 December 2018). The new generation LRVs inherit the smart exterior design and colour scheme of the previous generation with sleek front and rear ends, and the driving cabin will provide a wider sightline for Light Rail Captains. The new LRVs will also bring a number of enhancements to passengers’ journeys, including the improved LED lighting system to enhance the ambiance of the train saloons, and improved handrail and straphanger arrangements, etc. A total of 40 new LRVs were ordered in 2016 from CRRC Nanjing Puzhen Co., Ltd., among which 30 LRVs will replace the existing LRVs while the rest will help to expand the Light Rail fleet size to 150 by 2023. The remaining LRVs will be delivered to Hong Kong in batches between 2019 and 2023. The new LRVs have gone through a series of tests and examinations at the manufacturer’s factory before acceptance and delivery to Hong Kong. Upon arrival, they will further undergo a series of stringent testing and commissioning procedures. In addition, they are required to pass the necessary safety and performance tests as well as obtain approval from Government authorities before entering passenger service. The first batch of new LRVs is expected to be ready for passenger service in 2019. -End- About MTR Corporation MTR Corporation is regarded as one of the world’s leading railway operators for safety, reliability, customer service and cost efficiency. -
2019 Annual Results Announcement
B_table indent_3.5 mm N_table indent_3 mm Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. (a joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 3898) 2019 ANNUAL RESULTS ANNOUNCEMENT The board of directors (the “Board”) of Zhuzhou CRRC Times Electric Co., Ltd. (the “Company” together with its subsidiaries, the “Group”) is pleased to announce the audited results of the Group for the year ended 31 December 2019. This announcement, containing the main text of the 2019 annual report of the Company, complies with the relevant requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) in relation to information to accompany preliminary announcements of annual results. The 2019 annual report of the Company will be despatched to the H-Share holders of the Company and will also available for viewing on the website of the Stock Exchange at http://www.hkex.com.hk and on the website of the Company at http://www.tec.crrczic.cc on or before 30 April 2020. By order of the Board Zhuzhou CRRC Times Electric Co., Ltd. Li Donglin Chairman Zhuzhou, China, 27 March 2020 As at the date of this announcement, our chairman of the Board and executive director is Li Donglin, our vice chairman of the Board and executive director is Yang Shouyi, our other executive directors are Liu Ke’an and Yan Wu, our non-executive director is Zhang Xinning, and our independent non-executive directors are Chan Kam Wing, Clement, Pao Ping Wing, Liu Chunru, Chen Xiaoming and Gao Feng. -
中國中車股份有限公司crrc Corporation Limited
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. 中國中車股份有限公司 CRRC CORPORATION LIMITED (a joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 1766) OVERSEAS REGULATORY ANNOUNCEMENT ANNOUNCEMENT IN RELATION TO SIGNING CONTRACTS This overseas regulatory announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. CRRC Corporation Limited (the “Company”) has entered into certain contracts for the period from November to December, 2019, with an aggregate value of approximately RMB40.46 billion. Details of such contracts are set out below: 1. Certain subsidiaries of the Company engaged in the MUs business have entered into contracts with China State Railway Group Co., Ltd. (中國國家鐵路集團有限公司) in relation to the sales of MUs with an aggregate value of approximately RMB21.7 billion. 2. CRRC Qingdao Sifang Locomotive & Rolling Stock Co., Ltd. (中車青島四方機車 車輛股份有限公司), a non-wholly-owned subsidiary of the Company, has entered into contracts with MTR Corporation Limited (香港鐵路有限公司) in relation to the sales of metro cars and accessories with an aggregate value of approximately RMB3.82 billion. 3. CRRC Wind Power (Shandong) Co., Ltd. (山東中車風電有限公司), a wholly- owned subsidiary of the Company, has entered into a contract with China Power Construction Group Hebei Electric Power Survey and Design Institute Co., Ltd. -
Annual Report 2018 IMPORTANT
(a joint stock limited company incorporated in the People’s Republic of China with limited liability) Stock Code: 1766 Driving Value For You Annual Report 2018 IMPORTANT 1. The Board and the Supervisory Committee of the Company and its Directors, Supervisors and Senior Management warrant that there are no false representations, misleading statements contained in or material omissions from this annual report and they will assume joint and several legal liabilities for the truthfulness, accuracy and completeness of the contents disclosed herein. 2. This report has been considered and approved at the ninth meeting of the second session of the Board of the Company. All Directors attended the Board meeting. 3. Deloitte Touche Tohmatsu CPA LLP has issued standard unqualified audit report for the Company’s financial statements prepared under the PRC GAAP in accordance with PRC Auditing Standards. Deloitte Touche Tohmatsu has issued standard unqualified audit report for the financial statements prepared under the International Financial Reporting Standards (“IFRSs”) in accordance with Hong Kong Standards on Auditing. 4. Liu Hualong, the Chairman of the Company, Zhan Yanjing, the Chief Financial Officer and Wang Jian, the head of the Accounting Department (person in charge of accounting affairs) warrant the truthfulness, accuracy and completeness of the financial statements in this annual report. http://www.crrcgc.cc/ 5. Statement for the risks involved in the forward-looking statements: this report contains forward-looking statements that involve future plans and development strategies which do not constitute a substantive commitment by the Company to investors. Investors should be aware of the investment risks. 6. -
中國中車股份有限公司 CRRC CORPORATION LIMITED (A Joint Stock Limited Company Incorporated in the People’S Republic of China with Limited Liability) (Stock Code: 1766)
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. 中國中車股份有限公司 CRRC CORPORATION LIMITED (a joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 1766) 2019 INTERIM RESULTS ANNOUNCEMENT The board of directors of CRRC Corporation Limited (the “Company”) is pleased to announce the unaudited results of the Company and its subsidiaries for the six months ended 30 June 2019. This announcement, containing the main text of the 2019 interim report of the Company, complies with the relevant requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) in relation to information to accompany preliminary announcements of interim results. The 2019 interim report of the Company and its printed version will be published and delivered to the H shareholders of the Company and available for view on the websites of the Stock Exchange at http://www.hkex.com.hk and of the Company at http://www.crrcgc.cc on or before 30 September 2019. By order of the Board CRRC Corporation Limited Liu Hualong Chairman Beijing, the PRC 29 August 2019 As at the date of this announcement, the executive directors of the Company are Mr. Liu Hualong, Mr. Sun Yongcai and Mr. -
Algeria: Africa's Tramway Leader
THE INTERNATIONAL LIGHT RAIL MAGAZINE www.lrta.org www.tautonline.com NOVEMBER 2019 NO. 983 ALGERIA: AFRICA’S TRAMWAY LEADER Seven years and six new systems... with more to come in 2020 Avignon: France’s 24th new tramline Vital funding secured for NY Subway Success at the Global Light Rail Awards Jokeri Light Rail New Taipei £4.60 Bringing modern All aboard Taiwan’s LRT to Helsinki newest tramway CONTENTS The official journal of the Light Rail 415 Transit Association November 2019 Vol. 82 No. 983 www.tautonline.com EDITORIAL EDITOR – Simon Johnston [email protected] 409 ASSOCIATE EDITOr – Tony Streeter [email protected] WORLDWIDE EDITOR – Michael Taplin [email protected] NewS EDITOr – John Symons [email protected] SenIOR CONTRIBUTOR – Neil Pulling WORLDWIDE CONTRIBUTORS Richard Felski, Ed Havens, Andrew Moglestue, Paul Nicholson, Herbert Pence, Mike Russell, Nikolai Semyonov, Alain Senut, Vic Simons, Witold Urbanowicz, Bill Vigrass, Francis Wagner, Thomas Wagner, Philip Webb, Rick Wilson PRODUCTION – Lanna Blyth 425 Tel: +44 (0)1733 367604 [email protected] NEWS 404 SYstEMS factfilE: Danhai LRT 425 DESIGN – Debbie Nolan Avignon becomes France’s 24th tramway An integral part of land development ADVertiSING city; USD51.5bn secured for vital New York north of the Taiwanese capital, Neil Pulling COMMERCIAL ManageR – Geoff Butler Subway modernisation and expansion; reports on the country’s newest LRT system. Tel: +44 (0)1733 367610 [email protected] Copenhagen M3 inaugurated; China opens another 200km of new metro lines; Hoek WORLDWIDE REVIEW 430 PUBLISheR – Matt Johnston van Holland light metro opens; Mauritius Brussels plans to convert tram subway to Tramways & Urban Transit inaugurates Metro Express LRT; celebrating metro; New lines in Nice and Lyon set for 13 Orton Enterprise Centre, Bakewell Road, success at the Global Light Rail Awards. -
PR067/16 29 July 2016 MTR Places Order for 40 New Light Rail
PR067/16 29 July 2016 MTR Places Order for 40 New Light Rail Vehicles to Enhance Passenger Service in the Northwest New Territories In light of the growing passenger demand in the Northwest New Territories, the MTR Corporation has recently awarded a tender for the purchase of 40 Light Rail Vehicles (LRV). Other than replacing 30 of the existing Phase 2 LRVs which have been in service since 1992, the LR fleet size will be further expanded with an extra 10 LRVs. The first batch of new LRVs is expected to be ready for passenger service in 2019. Subsequent to the Corporation’s announcement in May 2015 that it plans to procure 10 additional Light Rail vehicles and 10 buses with the final details to be determined based on the result of the Government’s Public Transport Strategy Study (PTSS) on enhancing Light Rail carrying capacity, a rigorous tendering process subject to the World Trade Organisation’s Agreement on Government Procurement was conducted. Eventually, the contract for the new LRVs has been awarded to CRRC Nanjing Puzhen Co., Ltd for about $745 million. Although the PTSS will only be completed in mid-2017, the Corporation has taken the initiative to confirm the procurement order of the 10 additional LRVs in advance to facilitate delivery of the new LRVs, when called for, as soon as possible on the completion of the PTSS. This is to cater for continued development of the Light Rail network. With phased delivery of the new LRVs, the operational fleet size of the Light Rail network will be progressively increased to 150 in 2023. -
中國中車股份有限公司crrc Corporation Limited
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. 中國中車股份有限公司 CRRC CORPORATION LIMITED (a joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock code: 1766) OVERSEAS REGULATORY ANNOUNCEMENT ANNOUNCEMENT IN RELATION TO SIGNING CONTRACTS This overseas regulatory announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. CRRC Corporation Limited (the “Company”) has entered into certain contracts for the period from January 2021 to March 2021 with an aggregate value of approximately RMB23.11 billion. Details of such contracts are set out below: 1. Certain subsidiaries of the Company engaged in the MUs business have entered into contracts with relevant railway administration companies of China State Railway Group Co., Ltd. (中國國家鐵路集團有限公司) respectively in relation to the sales of MUs with an aggregate value of approximately RMB8.69 billion. 2. CRRC Changchun Railway Vehicles Co., Ltd. (中車長春軌道客車股份有限公司), a non-wholly-owned subsidiary of the Company, has entered into contracts with Chongqing Rail Line 18 Construction and Operation Co., Ltd. (重慶軌道十八號綫 建設運營有限公司), the Operation Headquarter of Shenzhen Metro Group Co., Ltd. (深圳市地鐵集團有限公司運營總部) and Guangzhou Metro Group Co., Ltd. (廣州 地鐵集團有限公司), respectively, in relation to the sales, renovation and renewal of metro cars with an aggregate value of approximately RMB2.93 billion. -
Connect the World Through Better Mobility CRRC Corporation Limited (CRRC)
Connect the World through Better Mobility CRRC Corporation Limited (CRRC) Preparation instructions Table of contents As the third annual Social responsibility report released since the establishment of CRRC, this Report accurately reflects the Company’s 04 Message from the economic, social and environmental responsibilities aiming to achieve Chairman comprehensive, coordinated and sustainable development. 06 About us 08 Social responsibility management 38 58 Reporting period 11 Sustainable operation From January 1, 2017 to December 31 2017, some of the contents may be BUILDING A SHOULDERING beyond the above period. BEAUTIFUL RESPONSIBILITIES Reporting scope ENVIRONMENT AS A CORPORATE The Report covers the corporate headquarters and its subordinate CITIZEN enterprises. Sources 22 All information data hereunder has been sourced from the Company's CREATING official documents, statistical reports and financial reports, as well as the social responsibility information organised,summarised and reviewed by AN ICONIC the Company. BRAND Basis for the Report The Report has been prepared under the Guidelines for Central Enterprises to Fulfill Social Responsibilities and the Implementation Guidelines for the Twelfth Five-year Plan for Harmonious Development of Central Enterprises issued by SASAC, the Environmental, Social and Governance Reporting Guide issued by the Hong Kong Stock Exchange, the Environmental Information Disclosure of Listed Companies and the Guidelines for Compiling Corporate Social Responsibility Reports issued by the Shanghai Stock Exchange, the Preparation Guidelines for China Corporate Social Responsibility Reports (CASS- CSR4.0) issued by the Chinese Academy of Social Sciences, the Sustainability Reporting Guidelines issued by Global Reporting Initiative (GRI), and the Guidance on Social Responsibility (ISO 26000) issued by the International Organization for Standardization. -
Intensive Service in New Territories
THE INTERNATIONAL LIGHT RAIL MAGAZINE www.lrta.org www.tautonline.com NOVEMBER 2020 NO. 995 INTENSIVE SERVICE IN NEW TERRITORIES How LRT provided the foundations for modern Hong Kong UK: ‘Devastating consequences’ ahead? Berlin confirms expansion timetable Bucharest opens first M5 metro phase T yne and Wear Haifa – Nazareth £4.60 Looking forward to Global experience Metro’s next 40 years shapes Israeli LRT Certifi cate: PA05/04429 The design and implementation of urban Urban Transit light rail networks in busy towns and cities present signifi cant engineering challenges. Innovation Whether it’s for road or pedestrian crossings, tram stops, depots or complex crossovers Metro & Tramway Crossing Systemsand turnouts, our engineered solid rubber panels help you overcome your challenges Rosehill faster and more cost-effectively than other systems. Think Rosehill. For more information, call the Rosehill Rail sales team on +44 (0)1422 839 610. rosehillrail.com Rosehill Rail - TAUT Half page Ad_185x130mm_NOV2020.indd 1 30/09/2020 15:32 THE INTERNATIONAL LIGHT RAIL MAGAZINE Hong Kong Now amongst MTR’s worldwide operations, SYSTEMS the Hong Kong Light Rail system was devised to support local www.lrta.org FACTFILE and feeder www.tautonline.com demand No. MTR Light Rail - in newly- CHINA Hong Kong SAR, China urbanised areas. NOVEMBER 2020 N O. 995 157 By Neil Pulling. Hong Kong SUB SCRIBE NOW! INTENSIVE SERVICE IN NEW TERRITORIES Now in its 83rd year, Tramways & Urban Transit is ong Kong’s Light Rail A pair of Phase 1 LRVs (HKLR) system Wai (classified with Yuen Long). the world’s leading monthly publication dedicated solely to with a 706 circular installation sometimes followed The Wharf group, then owners of serves neighbouring service on Tin Shui construction of buildings, many being the tramway dating from 1904 on communities in a Road on 7 August 2020.