It is reported that China CNR Corporation Limited recently won six contracts worth CNY 2.56 billion.

The contract value accounts for 7.65% of the company total revenue in 2010. The six contracts include a CNY 580 million subway car contract, a CNY 180 million C70 gondola car contract, a CNY 210 million C70C coke transportation truck contract, a CNY 270 million diesel locomotive contract, a CNY 140 million coal hopper car contract and a CNY 140 million mine ore car contract.

Also, CNR CNY 2.2 billion railway train contract with the Argentina government was recently approved. China CNR Corporation was founded in 2008 and produces trains and subway cars.

(Sourced from Shanghai Securities News)