# Nanjing CRRC wins two metro car contracts worth CNY 2.96B

Nanjing CRRC Puzhen Urban Rail Vehicle Co., Ltd., a joint venture in which Midas Holdings has a 32.5% stake, won two metro car sales contracts totaling about CNY 2.96 billion from Shaoxing Keqiao Hangshao Intercity Rail Transit Construction Investment Co., Ltd. and Shenzhen Metro Group Co., Ltd.

- Type: Contract
- Announced: 2018-04-13
- Where: China
- Value: $470.0M (2.96B CNY)
- Status: announced
- Products: metro cars, bogies, related parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [MIDAS](https://endata.com/companies/13517.md) (investor)
- [Nanjing CRRC Puzhen Urban Rail Vehicle Co., Ltd.](https://endata.com/companies/31308.md) (supplier)
- [Shaoxing Keqiao Hangshao Intercity Rail Transit Construction Investment Co., Ltd.](https://endata.com/companies/31309.md) (customer)
- [Shenzhen Metro Group Co., Ltd.](https://endata.com/companies/31310.md) (customer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/119057.html), 2018-04-13: "其联营公司南京中车浦镇城轨车辆有限责任公司获得两单总计约人民币29.6亿元的地铁车辆销售合同"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.