Midas

Midas: 32.5% owned JV Nanjing SR Puzhen Rail Transport Co and Shanghai Alstom have jointly secured a metro train contract worth Rmb897m, awarded by Nanjing Metro Infrastructure Co, for the Nanjing Metro Ninghe Intercity Line Phase 1. Delivery is scheduled between 2015 and 2016. Separately, subsidiary Jilin Midas had also secured Rmb256.8m worth of orders for the supply of aluminum alloy extrusion profiles and fabricated parts to two major European train projects. Delivery of these contracts are phased between 2014-2021. Also, Jilin Midas also secured three PRC metro train components for Rmb78.7m from NPRT for three PRC metro trains.