Stock Code: 300062

Ceepower Makes Major Strides in International Rail Market

September 19, 2024

Ceepower has recently made notable advancements in the international rail sector, securing contracts worth over 60 million CNY. Key projects include the Masi Railway in Guinea, the Masi Railway Branch with Rio Tinto, and the East Coast Rail Link (ECRL) in Malaysia. These contracts emphasize the growing global presence of Ceepower’s core products, including prefabricated substations and high- and low-voltage switchgear from its subsidiary, Wuhan Electric Controlgear Co., Ltd.

 

 

 

Transforming Guinea’s Rail Infrastructure

The Masi Railway, spanning 552.5 kilometers, will be the first dual-track heavy-duty railway, equipped with a satellite-based signaling system. This project aims to enhance transportation efficiency and stimulate regional economic growth through improved mineral resource development. Ceepower’s success in this contract signifies its strategic entry into the African rail market.

 

 

Connecting Malaysia with the East Coast Rail Link

The ECRL connects Kota Bharu to Port Klang over 665 kilometers, serving as a critical infrastructure project under the Belt and Road Initiative. It will improve transport links between Malaysia’s east and west coasts, fostering balanced regional development. Wuchang Electric Control will supply essential electrical equipment for this project, further solidifying Ceepower’s reputation for quality and reliability in the global market.

 

Strengthening Global Operations

With a commitment to advanced research and development, Ceepower is set to expand its offerings in cable accessories, photovoltaic storage solutions, and other energy products. This aligns with its strategy to actively participate in the global energy transition, driving sustainable development through innovative solutions.

Ceepower’s recent achievements in the rail sector not only enhance its international footprint but also demonstrate its dedication to delivering high-quality solutions that meet the demands of global infrastructure projects. The company is focused on contributing to a sustainable future through strategic expansion and innovation in the energy sector.

 

 

 

 

 

 

 

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