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Bombardier Sifang (Qingdao) Transportation Ltd (BST), a joint venture of Bombardier and CRRC Sifang, won a US$453 million contract from China Railway Corp to supply 168 high-speed train cars.
CRRC Corporation signed several major contracts between July and November 2016 totaling approximately 25.24 billion yuan, including a 7.14 billion yuan contract with China Railway for freight cars, a 4.56 billion yuan contract for locomotives, and a 3.13 billion yuan contract for high-speed train maintenance.