Gelonghui, April 24, 丨 Beijing Investment Transportation Technology (01522.HK) announced that as of the first quarter of March 31, 2024 (“period”), the Group completed new contracts and won bids for projects worth about RMB 490 million, and the amount of orders in hand at the end of the quarter was about RMB 2.38 billion. The overall business situation remained stable compared to the same period last year.
During the period, the Group continued to increase its business development efforts. The smart passenger information service business continued to expand overseas, entering the Egyptian market for the first time, and successfully signed a Cairo Line 4 LCD display project worth RMB 18.78 million. In terms of data and integrated business, the automatic ticket sales and inspection system (“AFC”) was first unveiled in the Shenyang market and won the bid for the Shenyang Metro Line 3 AFC project, amounting to RMB 77.9 million.