China train maker wins orders despite crash

2012-04-20 11:56:21
Summary:China's CSR Corp, whose parent made the trains involved in a deadly crash last year, said on Tuesday it had won 3.3 billion yuan (S$656 million) in orders that include supplying the Beijing metro.

China's CSR Corp, whose parent made the trains involved in a deadly crash last year, said on Tuesday it had won 3.3 billion yuan (S$656 million) in orders that include supplying the Beijing metro.

Among the four orders, the company will also supply carriages to Hong Kong's MTR, which operates the rapid transit railway in the former British colony, CSR said in a statement to the Hong Kong stock exchange.

The company is listed in both Hong Kong and Shanghai. Other contracts include the sale of metro trains to the eastern city of Wuxi and an order for freight cars for a domestic port company, it said.

The parent of the company - state-owned CSR Group - made the bullet trains involved in a collision near China's eastern city of Wenzhou last July, which killed at least 40 people and injured hundreds.

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