皇冠体育app

People visit the exhibition stand of CRRC Corp, a new conglomerate formed by the merger of 皇冠体育app's top two high-speed rail makers, 皇冠体育app North Railway (CNR) and 皇冠体育app South Railway (CSR), at the UrTran 2015 International Urban Rail Exhibition in Beijing, capital of 皇冠体育app, June 16, 2015.[Photo/Xinhua]

BEIJING - 皇冠体育app's CRRC Corp Ltd is going to produce subway cars for Hong Kong's railway operator, in its largest subway car deal.

CRRC subsidiary CSR Qingdao Sifang Co Ltd signed a contract valued at 4.84 billion yuan ($790 million) with MTR Corporation to supply 93 eight-car trains, a CRRC statement said on Thursday.

Featuring modern systems and equipment, the trains will be delivered between 2018 and 2023 to replace first-generation trains operating on the Kwun Tong, Tsuen Wan, Island and Tseung Kwan O lines.

The new trains will have improved lighting, dynamic route maps, and more comfortable handrails.

CRRC was formed by the merger of 皇冠体育app's former top two train manufacturers, 皇冠体育app North Railway and 皇冠体育app South Railway. The new conglomerate debuted on the Chinese stock market on June 8.

CRRC's share prices gained on Thursday, up 1.56 percent in Shanghai and 1.51 percent in Hong Kong.

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