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Shenzhou High Speed Rail: 2024 performance forecast
Express News | China High Speed Railway Technology: The net loss is expected to be 0.5 billion yuan to -0.65 billion yuan in 2024.
In 2025, the national Railroads are expected to put into operation new lines totaling 2,600 kilometers, and rail transit equipment is likely to continue its high prosperity state.
① According to the National Railways Group, the goal is to fully complete the national railway investment task by 2025, to promote key national projects with high quality, aiming to achieve Infrastructure investment of 590 billion yuan and put into operation 2,600 kilometers of new lines. ② HTSC's Ni Zhengyang pointed out that the Railroads equipment Industry will maintain stable growth in new demand until 2028, with gradual updates and renovations progressing in a high prosperity state, recommending attention to leading companies.
Express News | China High Speed Railway Technology: Signed a supplemental agreement for Tianjin Metro Line 7, receiving 0.1 billion yuan.
The A-share Railway Infrastructure Sector has surged, with multiple stocks including China High Speed Railway Technology hitting the limit-up.
Gelonghui, December 24 | Tongye Technology rose and stopped 20%, and many individual stocks such as Shenzhou High Speed Rail, Taiyong Changzheng, Wolong Electric Drive, Weiao Co., Ltd., Baosheng Co., Ltd., and Xianghe Industrial rose more than 9%.
Encourage social capital to participate in Railroads construction and Operation. The Railroads Industry is expected to welcome a high prosperity cycle.
① The General Office of the Communist Party of China and the General Office of the State Council issued an opinion on accelerating the construction of a unified and open Transportation market. It mentions encouraging and guiding social capital to legally and properly participate in Railroads construction and Operation; ② Southwest Securities Research Reports point out that with the accelerated replacement of equipment, increased maintenance of high-speed trains, and improvement in the bidding and delivery of new locomotives, Railroads equipment is experiencing a new prosperity cycle.
