08.05.2024 13:30:55 - EQS-News: Vossloh receives another major order to supply rail fastening systems in China

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EQS-News: Vossloh Aktiengesellschaft / Key word(s): Incoming Orders
Vossloh receives another major order to supply rail fastening systems in China
2024-05-08 / 13:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
Vossloh receives another major order to supply rail fastening systems in China
. Systems serve the construction of two high-speed lines
. The order is valued at the equivalent of around EUR40 million
. Deliveries planned from 2025
Werdohl, May 8, 2024. Vossloh has once again been awarded a contract to supply rail fastening systems in connection
with the construction of two high-speed lines in China. One of the two lines connects the megacity of Xining with the
metropolis of Chengdu, which has developed into the most important economic metropolis in western China alongside
Chongqing. The second line runs between Lanzhou, the capital of Gansu province, and the city of Hezuo in the south-east
of the province.
Vossloh Fastening Systems China Co. Ltd., Vossloh AG's subsidiary based in Kunshan, China, will be responsible for the
execution of the order. Deliveries are scheduled from 2025.
Oliver Schuster, CEO of Vossloh AG, says: "Our high quality, innovative strength and systems expertise are long
appreciated in China. Our technical expertise in the construction of high-speed lines is leading worldwide. I am
pleased about the trust placed in Vossloh by our customers in China, which is once again underlined by the award of
this important order."
China has a high-speed rail network of just over 43,000 kilometers and plans to expand it significantly: It is set to
grow to over 70,000 kilometers by 2035. The Chinese subsidiary Vossloh Fastening Systems China Co. Ltd. has around 130
employees and is one of the leading local suppliers of rail fastening systems, particularly for highly sophisticated
applications on high-speed lines.
Contact details for the media:
Andreas Friedemann
Phone: +49 (0) 2392 52-608
E-Mail: Presse@vossloh.com
Contact details for investors:
Dr. Daniel Gavranovic
Phone: +49 (0) 2392 52-609
E-Mail: Investor.relations@vossloh.com
Vossloh is a global technology group that has stood for quality, safety, customer focus, reliability and innovation for
around 140 years. With its comprehensive range of products and services for the rail track, Vossloh is one of the world
market leaders in this field. Vossloh offers a uniquely broad range of products and services under one roof: Rail
fastening systems, concrete ties, switch systems and crossings as well as innovative and increasingly digital-based
services for the entire life cycle of rails and switches. Vossloh uses its systemic understanding of the track to
address the central customer need of "rail track availability".
Vossloh products and services are in use in more than 100 countries. With around 75 Group companies in almost 30
countries and over 40 production locations, Vossloh is active locally worldwide. Vossloh is committed to sustainable
corporate governance and climate protection and makes an important contribution to the sustainable mobility of people
and goods with its products and services.
The Group's activities are divided into three divisions: Core Components, Customized Modules and Lifecycle Solutions.
In the 2023 financial year, Vossloh generated sales revenues of EUR1,214.3 million with around 4,000 employees.
2024-05-08 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com  
Language:     English 
Company:      Vossloh Aktiengesellschaft 

Vosslohstr. 4
58791 Werdohl
Germany
Phone:        +49 (0)2392 52 - 359 
Fax:          +49 (0)2392 52 - 219 
E-mail:       investor.relations@vossloh.com 
Internet:     www.vossloh.com 
ISIN:         DE0007667107 
WKN:          766710 
Indices:      SDAX 
Listed:       Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, 

Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1898845

End of News EQS News Service
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1898845 2024-05-08 CET/CEST

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END) Dow Jones Newswires

May 08, 2024 07:30 ET (11:30 GMT)
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
VOSSLOH AG O.N. 766710 Frankfurt 48,300 03.06.24 20:19:29 ±0,000 ±0,00% 0,000 0,000 48,550 48,300

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