China North Railway Rolling Stock Corporation won the bid for a thousand railway freight cars, accounting for 40% of the total

China Railway Corporation has been taking continuous actions recently.   Market analysts believe that this approximately 423 million truck order has kicked off the second round of bidding, and investment in railway construction will accelerate in the future.   China North Railway Rolling Stock Corporation (CNR) has cut the largest "cake" in this truck bidding, with a bid amount of approximately 160 million yuan, accounting for about 40% of the total amount, calculated at a unit price of 400000 yuan per truck. It is worth noting that the leading railway freight car company, Northern Entrepreneurship, achieved nothing in this bidding. Industry analysis believes that the main models for entrepreneurship in northern China are railway open cars, tank cars, and container flat cars, while all the models for this round of railway freight car bidding are stone ballast hopper cars. In addition, the company just won the sales contracts for 600 open cars from Indonesia Railway and 300 flat cars and 600 general open cars from China Railway Construction in September, with full orders on hand. An analyst from Ping An Securities' machinery industry told the Shanghai Stock Exchange reporter that the export of railway infrastructure and the expansion of bidding within the year are the two main lines guiding the continuous increase of railway construction investment. With the growth of domestic passenger and freight demand, the increment of subsequent equipment such as self owned vehicles, freight cars, and high-speed trains will be considerable. At present, whether it is the actual bidding amount higher than the plan at the beginning of the year or the hot secondary market of railway infrastructure, they are all proof of the accelerated construction and strong demand of railways in the future. Looking back at the bidding announcement, the China Railway Corporation successively released bidding projects for 500 25T railway passenger cars, high-speed trains, high-power locomotive communication equipment, and 258 high-speed trains in late October and early November. From a timeline perspective, the results of the railway freight train tender announced on October 17th were released yesterday. It can be inferred that the tender for passenger cars and communication equipment announced on October 22nd is expected to yield results in the near future, and the tender for high-speed trains will also be completed before the end of the month. According to statistics, compared with the plan at the beginning of this year, the number of locomotives purchased twice this year has decreased by 10%, freight cars by 23%, and passenger cars by 54%, but the number of high-speed trains has increased by more than 60%. According to analysis by securities firms, the second round of bidding for high-speed train sets amounts to approximately 56.5 billion yuan, and high gross profit margin orders will significantly enhance the vitality of the industry chain.   In addition, core component suppliers such as Jinxi Axle and Yonggui Electric will also benefit.