SHANGHAI, Jul 30 (GCTL) - Shanghai-listed China's CSR Corporation Ltd said on Monday that it recently signed 10 major contracts with a total investment of around 11.8 billion yuan ($1.91 billion), which is 12.1 percent of the firm's revenue in 2013.
The company's subsidiaries have made railway-related investments in regions including Qingdao in East China's Shandong Province, Chengdu in Southwest China's Sichuan Province and Wenzhou in East China's Zhejiang Province.
CSR Corp, founded in 2007, is a manufacturer of equipment used in China's rapidly expanding high-speed railways.