DOCSLIB.ORG

中國中車股份有限公司crrc Corporation Limited

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
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 June 2020 to September 2020 with an aggregate value of approximately RMB22.08 billion. Details of such contracts are set out below: 1. CRRC Nanjing Puzhen Rolling Stock Co., Ltd. (中車南京浦鎮車輛有限公 司), a wholly-owned subsidiary of the Company, has entered into contracts with Hangzhou Metro Group Co., Ltd. (杭州市地鐵集團有限責任公司), Suzhou Rail Transit Group Co., Ltd. (蘇州市軌道交通集團有限公司), Hefei Rail Transit Group Co., Ltd. (合肥市軌道交通集團有限公司) and Suzhou Rail Transit Line 1 Co., Ltd. (蘇州軌道交通市域一號綫有限公司), respectively, in relation to the sales of metro cars with an aggregate value of approximately RMB7.04 billion. 2. CRRC Zhuzhou Locomotive Co., Ltd. (中車株洲電力機車有限公司), a wholly- owned subsidiary of the Company, has entered into contracts with Wuhan Metro Group Co., Ltd. (武漢地鐵集團有限公司), Luoyang Rail Transit Group Co., Ltd. (洛陽市軌道交通集團有限責任公司), Nanning Rail Transit Group Co., Ltd. (南寧 軌道交通集團有限責任公司), Kunming Rail Transit Group Co., Ltd. (昆明軌道交 通集團有限公司) and Shenzhen Metro Group Co., Ltd. (深圳市地鐵集團有限公 司), respectively, in relation to the sales of metro cars with an aggregate value of approximately RMB3.74 billion; and has entered into a contract with Haolebaoji- Ji’an Railway Co., Ltd. (浩吉鐵路股份有限公司) in relation to the sales of locomotives with a value of approximately RMB2.17 billion. 1 3. CRRC Changchun Railway Vehicle 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 Jiaxing Tramcar Development Co., Ltd. (嘉興市有軌電車開發有限公司), Beijing Subway Limited (北京市地鐵運營有限公司), Beijing Rail Transit Construction and Management Co., Ltd. (北京市軌道交通建設管理有限公司), Wuhan Metro Group Co., Ltd. (武漢地鐵集團有限公司) and China Harbour Bogota Metro Line 1 Project Company (中國港灣波哥大地鐵一號綫項目公司), respectively, in relation to the sales of tramcars and metro cars with an aggregate value of approximately RMB5.18 billion. 4. CRRC Qingdao Sifang 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 a contract with Beijing Rail Transit Construction and Management Co., Ltd. (北京市軌道交通建設管 理有限公司) in relation to the sales of metro cars with a value of approximately RMB1.39 billion; and has entered into contracts with Beijing Urban Railway Investment and Development Co., Ltd. (北京城市鐵路投資發展有限公司), Chengdu Communications Railway Investment Group Co., Ltd. (成都交投鐵路投 資集團有限公司), Leshan Communications Investment Group Co., Ltd. (樂山交 通投資發展（集團）有限公司), Meishan State Capital Investment Operation Group Co., Ltd. (眉山市國有資本投資運營集團有限公司), Mianyang Communications Development Group Co., Ltd. (綿陽交通發展集團有限責任公司), Ya’an Public Transportation Co., Ltd. (雅安市公共交通有限公司) and Deyang Intercity Rail Transit Co., Ltd. (德陽市同城軌道交通有限公司), respectively, in relation to the sales of MUs with an aggregate value of approximately RMB1.09 billion. 5. CRRC Yangtze Co., Ltd. (中車長江車輛有限公司), a wholly-owned subsidiary of the Company, has entered into a contract with Etihad Rail Company PJS (阿聯酋鐵 路公司) in relation to the sales and maintenance of freight wagons with a value of approximately RMB0.77 billion. 6. Certain subsidiaries of the Company engaged in the locomotives 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 overhaul of locomotives with an aggregate value of approximately RMB0.7 billion. 2 The total value of the aforementioned contracts accounts for approximately 10% of the operating revenue of the Company in 2019 under the PRC accounting standards. By order of the Board CRRC Corporation Limited Liu Hualong Chairman Beijing, the PRC 29 September 2020 As at the date of this announcement, the executive directors of the Company are Mr. Liu Hualong, Mr. Sun Yongcai and Mr. Lou Qiliang; and the independent non- executive directors are Mr. Li Guo’an, Mr. Sun Patrick, Mr. Shi Jianzhong and Mr. Zhu Yuanchao. 3.
Load more

Recommended publications
  • The Operator's Story Case Study: Guangzhou's Story
    Railway and Transport Strategy Centre The Operator’s Story Case Study: Guangzhou’s Story © World Bank / Imperial College London Property of the World Bank and the RTSC at Imperial College London Community of Metros CoMET The Operator’s Story: Notes from Guangzhou Case Study Interviews February 2017 Purpose The purpose of this document is to provide a permanent record for the researchers of what was said by people interviewed for ‘The Operator’s Story’ in Guangzhou, China. These notes are based upon 3 meetings on the 11th March 2016. This document will ultimately form an appendix to the final report for ‘The Operator’s Story’ piece. Although the findings have been arranged and structured by Imperial College London, they remain a collation of thoughts and statements from interviewees, and continue to be the opinions of those interviewed, rather than of Imperial College London. Prefacing the notes is a summary of Imperial College’s key findings based on comments made, which will be drawn out further in the final report for ‘The Operator’s Story’. Method This content is a collation in note form of views expressed in the interviews that were conducted for this study. This mini case study does not attempt to provide a comprehensive picture of Guangzhou Metropolitan Corporation (GMC), but rather focuses on specific topics of interest to The Operators’ Story project. The research team thank GMC and its staff for their kind participation in this project. Comments are not attributed to specific individuals, as agreed with the interviewees and GMC. List of interviewees Meetings include the following GMC members: Mr.
    [Show full text]
  • Research on Decision-Making of Service Quality Improvement In
    2019 International Conference on Advanced Education and Management (ICAEM 2019) ISBN: 978-1-60595-635-0 Research on Decision-making of Service Quality Improvement in Xiamen Metro Based on IPA and PZB Model Ju-Xiang ZHANGa and Ming-Hui JIAb Tan Kah Kee College, Xiamen University, Zhang Zhou, China [email protected], [email protected] Keywords: Xiamen Metro; Service Quality; IPA Analysis Model; PZB Service Quality Gap Model. Abstract. Urban public transportation plays a very important role in contemporary social travel, which means one the social development and progress of a public transport is urban rail transit -- metro. This study from Xiamen city metro which was just in the beginning, it took the selection from the service quality as a measure, it effective combined the PZB service quality gap model with the model of IPA, it first found out its quality elements by using PZB service quality gap model, and then analyzed the service quality evaluation through the IPA model. The problems in the service process are found out, in order to solve these problems, the decision methods that can improve these problems are proposed. Introduction Urban rail traffic not only meets the needs of residents, but also represents the development level of a city and the living standard of local residents. Quality service can improve customer perception, to meet the psychological needs of passengers and generate positive effects such as customer loyalty. Xiamen metro is in the service of urban rail transit system in Xiamen, Fujian province, China. Xiamen metro’s line 1, with a total length of about 267 kilometers, opened on December 31, 2017.
    [Show full text]
  • 中國鐵路通信信號股份有限公司 China Railway
    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. 中國鐵路通信信號股份有限公司 China Railway Signal & Communication Corporation Limited* (A joint stock limited liability company incorporated in the People’s Republic of China) (Stock Code: 3969) ANNOUNCEMENT ON BID-WINNING OF IMPORTANT PROJECTS IN THE RAIL TRANSIT MARKET This announcement is made by China Railway Signal & Communication Corporation Limited* (the “Company”) pursuant to Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). From May to June 2020, the Company has won a total of seven important projects in the rail transit market. Among which, four are acquired from the railway market, namely four power and the related works for the “weak electricity integration” tender section of the newly built Huanggang- Huangmei Railway (“Huang Huang High-speed Railway”) with a tender amount of RMB255 million, “four power” and the related works for the ZJHSD-2 tender section of the newly built Zhangjiajie-Jishou-Huaihua Railway (“Zhang Ji Huai High-speed Railway”) with a tender amount of RMB670 million, relocation works for the second tender section of the newly built Henghuang section of Shihengcang Port Intercity Railway (“Second Tender of Shihengcang Port Intercity Railway Relocation”) with a tender amount of RMB581 million, and four power and the related works for the DRSD-2 tender section of the newly built Dali-Ruili Railway (“Darui Railway”) with a tender amount of RMB419 million.
    [Show full text]
  • 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.
    [Show full text]
  • Jiangsu(PDF/288KB)
    Mizuho Bank China Business Promotion Division Jiangsu Province Overview Abbreviated Name Su Provincial Capital Nanjing Administrative 13 cities and 45 counties Divisions Secretary of the Luo Zhijun; Provincial Party Li Xueyong Committee; Mayor 2 Size 102,600 km Shandong Annual Mean 16.2°C Jiangsu Temperature Anhui Shanghai Annual Precipitation 861.9 mm Zhejiang Official Government www.jiangsu.gov.cn URL Note: Personnel information as of September 2014 [Economic Scale] Unit 2012 2013 National Share (%) Ranking Gross Domestic Product (GDP) 100 Million RMB 54,058 59,162 2 10.4 Per Capita GDP RMB 68,347 74,607 4 - Value-added Industrial Output (enterprises above a designated 100 Million RMB N.A. N.A. N.A. N.A. size) Agriculture, Forestry and Fishery 100 Million RMB 5,809 6,158 3 6.3 Output Total Investment in Fixed Assets 100 Million RMB 30,854 36,373 2 8.2 Fiscal Revenue 100 Million RMB 5,861 6,568 2 5.1 Fiscal Expenditure 100 Million RMB 7,028 7,798 2 5.6 Total Retail Sales of Consumer 100 Million RMB 18,331 20,797 3 8.7 Goods Foreign Currency Revenue from Million USD 6,300 2,380 10 4.6 Inbound Tourism Export Value Million USD 328,524 328,857 2 14.9 Import Value Million USD 219,438 221,987 4 11.4 Export Surplus Million USD 109,086 106,870 3 16.3 Total Import and Export Value Million USD 547,961 550,844 2 13.2 Foreign Direct Investment No. of contracts 4,156 3,453 N.A.
    [Show full text]
  • Identifying Critical Factors Influencing the Safety of Chinese
    This paper has been published: Zhang, S., Sunindijo, R.Y., Loosemore, M., Wang, S., Gu, Y. and Li, H. (2020), "Identifying critical factors influencing the safety of Chinese subway construction projects", Engineering, Construction and Architectural Management, https://doi.org/10.1108/ECAM-07-2020-0525. Identifying critical factors influencing the safety of Chinese subway construction projects Shang Zhang - Suzhou University of Science and Technology, Suzhou, China Riza Yosia Sunindijo - Faculty of Built Environment, UNSW Sydney, Sydney, Australia Martin Loosemore - School of the Built Environment, University of Technology Sydney, Sydney, Australia Shejiang Wang and Yajun Gu - Suzhou Rail Transit Group Co., Ltd, Suzhou, China Hongfei Li - China Railway 12th Bureau Group Co., Taiyuan, China Purpose - The image of the construction industry in China, as in many other countries, is tarnished by its poor safety record. With the rapid development of subway systems in Chinese urban areas, construction workers are being exposed to new risks which are poorly understood and managed. Subway construction projects are large scale and scattered over many construction sites, and involve numerous stakeholders and sophisticated technologies in challenging underground environments. Accident rates are high and have significant economic and social consequences for the firms and people involved. Addressing the gap in research about the safety risk in these projects, the purpose of this paper is to advance understanding of the factors influencing the safety of Chinese subway construction projects with the overall objective of reducing accident rates. Design/methodology/approach - A survey was conducted with 399 subway construction professionals across five stakeholder groups. Follow-up interviews were also conducted with five experienced experts in safety management on subway projects to validate the results.
    [Show full text]
  • 8Th Metro World Summit 201317-18 April
    30th Nov.Register to save before 8th Metro World $800 17-18 April Summit 2013 Shanghai, China Learning What Are The Series Speaker Operators Thinking About? Faculty Asia’s Premier Urban Rail Transit Conference, 8 Years Proven Track He Huawu Chief Engineer Record: A Comprehensive Understanding of the Planning, Ministry of Railways, PRC Operation and Construction of the Major Metro Projects. Li Guoyong Deputy Director-general of Conference Highlights: Department of Basic Industries National Development and + + + Reform Commission, PRC 15 30 50 Yu Guangyao Metro operators Industry speakers Networking hours President Shanghai Shentong Metro Corporation Ltd + ++ Zhang Shuren General Manager 80 100 One-on-One 300 Beijing Subway Corporation Metro projects meetings CXOs Zhang Xingyan Chairman Tianjin Metro Group Co., Ltd Tan Jibin Chairman Dalian Metro Pak Nin David Yam Head of International Business MTR C. C CHANG President Taoyuan Metro Corp. Sunder Jethwani Chief Executive Property Development Department, Delhi Metro Rail Corporation Ltd. Rachmadi Chief Engineering and Project Officer PT Mass Rapid Transit Jakarta Khoo Hean Siang Executive Vice President SMRT Train N. Sivasailam Managing Director Bangalore Metro Rail Corporation Ltd. Endorser Register Today! Contact us Via E: [email protected] T: +86 21 6840 7631 W: http://www.cdmc.org.cn/mws F: +86 21 6840 7633 8th Metro World Summit 2013 17-18 April | Shanghai, China China Urban Rail Plan 2012 Dear Colleagues, During the "12th Five-Year Plan" period (2011-2015), China's national railway operation of total mileage will increase from the current 91,000 km to 120,000 km. Among them, the domestic urban rail construction showing unprecedented hot situation, a new round of metro construction will gradually develop throughout the country.
    [Show full text]
  • ACSP-Presentation XIA1103
    Rail Transportation Lead to Urban Form Changes: Case Study of Beijing-Tianjin-Hebei Region 夏海山, 张纯, 沈忱 Haishan Xia, Chun Zhang, Chen Shen 2016 ACSP BEIJING JIAOTONG UNIVERSITY - SCHOOL OF ARCHITECTURE AND DESIGN UC-BJTU FUTURE CITY CO-LAB Outline 1 National Level: HSR in China 2 Regional Level: JJJ Region on the Rail City Level: Synergy Development— Integration 3 between Urban Space and Rail Transportation SCHOOL北京交通大学建筑与艺术学院 OF ARCHITECTURE AND DESIGN .BJTU Problems Rail Transportation and City Development ： China Nation on the Rail 60 ） % 40 Urbanization and Railway Construction Railway is a critica l transportation infrastructure that impact regional and eco 20 nomic development. 0 中国城市化水平（ 年 1949 1959 1969 1979 1989 1999 2009 Railway is firmly associated with urbanization and the 份 development metropolitan areas. Figure. Urbanization in China after 1949 The Development History between Rail Construction and 12000 10000 Urbanization 公里） 8000 * 航空 6000 • “First Five Year Plan”, begin construction era 4000 水运 2000 公路 • Cultural revolution period: stopped and stagnated 客运量（亿人 0 1950 1980 1999 铁路 • After economic Reform and Open-Up: Adjustment and 年份 Development Figure Percentage of Railway Ridership Change • 21st century: Golden time for High-speed Railway Before 2000：Miles issues After 2000：Speed issues High Speed Rail in China Rail Development Figure. Railway development in China SCHOOL OF ARCHITECTURE AND DESIGN .BJTU 1. Present Situation High Speed Rail in China 1、HSR in China China high-speed railway has achieved several No.1 in the world. 1、The longest operating length--20 ,000 km 2、The highest operating speed-- 486.1km/h 3、The world’s highest level —Beijing-Shanghai HSR 4、The world’s first newly built in alpine region—Harbin-Dalian HSR 5、The longest operating length— Beijing - Guangzhou HSR 2298km 6、The world’s first one-time completed high speed railway with the longest operating length— Lanzhou-Xinjiang HSR 1776 SCHOOL OF ARCHITECTURE AND DESIGN .BJTU 1.
    [Show full text]
  • Intelligent Assembly Technology of Railway Vehicle Bogies Yong-Ping
    2017 2nd International Conference on Mechatronics, Control and Automation Engineering (MCAE 2017) ISBN: 978-1-60595-490-5 Intelligent Assembly Technology of Railway Vehicle Bogies Yong-ping CHU1, Shuang-long LIU2, Xiao-guang MA1, Lin ZHANG2 and Wei TIAN2 1CRRC Nanjing Puzhen Co, .Ltd, Nanjing, P.R. China 2Nanjing University of Aeronautics & Astronautics, Nanjing, P.R. China Keyword: Railway vehicle bogies, Intelligent assembly, Intelligent push, Human-machine cooperation, System integration. Abstract. Due to the complexity and highly demand in quality of the bogie assembly of railway vehicles, CRRC Nanjing Puzhen Co., Ltd has developed an intelligent assembly system for railway vehicle bogies. The system can accomplish the intelligent transportation of the bogie parts by the robot on the shelf and the software system developed by ourselves. At the same time, it can also carry out wireless information interaction with the control center and generate process files automatically according to process tasks transmitted by the control center. Besides, a series of key technologies including 3D process documents intelligent push technology, intelligent material box online detection technology, human-machine collaboration technology and system integration control technology have been conquered, which realized the high efficient production and reduced costs of railway vehicle bogie assembly. Introduction The advanced railway vehicles can speed up communication in the field of transportation services in the world economy, and the research of related technologies can help to promote the development and integration of the world economy. With the intelligent trend of manufacturing industry, automatic and intelligent manufacturing technology has become the core requirement of railway vehicles in the world.
    [Show full text]
  • 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.
    [Show full text]
  • The Urban Rail Development Handbook
    DEVELOPMENT THE “ The Urban Rail Development Handbook offers both planners and political decision makers a comprehensive view of one of the largest, if not the largest, investment a city can undertake: an urban rail system. The handbook properly recognizes that urban rail is only one part of a hierarchically integrated transport system, and it provides practical guidance on how urban rail projects can be implemented and operated RAIL URBAN THE URBAN RAIL in a multimodal way that maximizes benefits far beyond mobility. The handbook is a must-read for any person involved in the planning and decision making for an urban rail line.” —Arturo Ardila-Gómez, Global Lead, Urban Mobility and Lead Transport Economist, World Bank DEVELOPMENT “ The Urban Rail Development Handbook tackles the social and technical challenges of planning, designing, financing, procuring, constructing, and operating rail projects in urban areas. It is a great complement HANDBOOK to more technical publications on rail technology, infrastructure, and project delivery. This handbook provides practical advice for delivering urban megaprojects, taking account of their social, institutional, and economic context.” —Martha Lawrence, Lead, Railway Community of Practice and Senior Railway Specialist, World Bank HANDBOOK “ Among the many options a city can consider to improve access to opportunities and mobility, urban rail stands out by its potential impact, as well as its high cost. Getting it right is a complex and multifaceted challenge that this handbook addresses beautifully through an in-depth and practical sharing of hard lessons learned in planning, implementing, and operating such urban rail lines, while ensuring their transformational role for urban development.” —Gerald Ollivier, Lead, Transit-Oriented Development Community of Practice, World Bank “ Public transport, as the backbone of mobility in cities, supports more inclusive communities, economic development, higher standards of living and health, and active lifestyles of inhabitants, while improving air quality and liveability.
    [Show full text]
  • 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.
    [Show full text]