China CNR says $406 mln in contracts to build trains

Newswire

SHANGHAI, Dec 23 (Reuters) - China CNR Corp Ltd , one of the country's largest train makers, said on Thursday it has won 2.7 billion yuan ($406.3 million) in contracts to build subway trains and other types of vehicles. The company said in a filing to the Shanghai Stock Exchange that the contract value represented about 6.74 percent of the company's total 2009 revenue. ($1=6.645 Yuan) (Reporting by Melanie Lee; Editing by Chris Lewis)

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