North-South Car harvest Overseas order layout overseas to accelerate development

Accelerate the expansion of overseas market to increase our news (reporter Sodongdong) after the first half of the revenue and net profit both fell, China South car, China North car continue to accelerate the expansion of overseas markets.　　Yesterday, China North vehicle said the company has signed with New Zealand KiwiRail Company 8 diesel locomotive sales contract; China Southern Car recently also announced the signing of 10 60 new inter-city EMU purchase orders with the Malaysian Ministry of Transport. Domestic orders are relatively limited in September, the north-South car "duopoly" divided the iron Total first railway vehicle bidding.　　A railway equipment manufacturer said that the second round of bidding for rail equipment was expected to open during the year, but now the domestic market is still relatively limited in order for rail equipment, and everyone is going out and expanding their new business.　　Yesterday, China's north vehicle said its Dalian Aircraft Company has signed a sales contract with New Zealand KiwiRail Company for 8 diesel locomotives, which will be delivered by the end of next year. Meanwhile, the two sides signed a pilot repair agreement for the locomotive, which is the first locomotive repair service agreement signed by China's rail transportation equipment industry to the developed countries. At the same time, following the 2010 38-row 228 inter-city EMU project, China Southern car has again signed with the Malaysian Ministry of Communications 10 columns of 60 new inter-city EMU purchase orders, the vehicle's top speed of 160 kilometers.　　According to the contract, the first train will be delivered after 24 months, and 33 months after the full delivery. It is understood that the first half by the slowdown in economic growth and the main customer delays, such as tender, north-south car revenue and net profit both fell year-on-year.　　North and South vehicles have stressed that the second half will continue to deepen the rail transport equipment market, strengthen the ability to cultivate new industries, in-depth expansion of the international market, emerging industry markets and urban rail subway market.　　In recent years, China's railway equipment industry has strong export momentum in recent years, including locomotives, trucks, buses, urban rail, subway, high-speed rail components, such as rail transport equipment, export markets from Asia and the United States and Europe and Australia, products from low-end to high-end progressive. China North Vehicles, said the current Chinese rail transport equipment export model is still a single "product export" mode, Chinese enterprises are mainly a single product provider.　　It is understood that from the global market, rail transport equipment industry almost half of the output value from the later product maintenance services. Layout overseas to speed up the development of China Southern car is also expected to overhaul business and overseas business will be rapid development, the first half of the company's locomotive maintenance and service accounted for about 50% of the locomotive income, EMU repair accounted for about 35% of the train revenue, the company's overseas business development is also very optimistic, is expected this year the new signed orders will be more than last year, North and South vehicles are said to be possible in the future through the establishment of overseas manufacturing base to speed up the development of overseas.