On May 31, Gelonhui announced that CRRC High-Tech Equipment Corporation Limited (688285. SH) recently received a notice of award from the Monterrey Light Rail Project Manager Department of China Railway Fourth Bureau Group Electrification Engineering (Mexico). The company was identified as the procurement project winner of the Monterrey Light Rail Project in Mexico, with a transaction value of RMB 119,015,760.00 (tax included).
The Monterrey Light Rail Project is a sub-project of the procurement and installation of electromechanical equipment systems for Line 4, 5, and 6 of the Monterrey Light Rail Project managed by China Railway Fourth Bureau Group Electrification Engineering Co., Ltd., and communicated through procurement of the communication systems. The company mainly provides urban rail transit power supply equipment and products.