To The Moon

On the evening of September 29th, $CRRC(01766)$ , China Railway Rolling Stock Corporation， issued an announcement disclosing that the company and its subsidiaries had signed a number of significant contracts intensively from July to September 2025, totaling approximately RMB 54.34 billion, accounting for 22% of the operating revenue under China Accounting Standards in 2024. This injects strong momentum into the continued recovery of the rail transit equipment industry.

I missed out this train and I will not chase high.

I hold relative company stocks, $CHINA CRSC(03969)$ and $CHINA RAIL CONS(01186)$ ， one is for Railway Signal Control System, another one for Railway Construction.

Railway Signal Control Systems represent critical software technology; a single error can lead to disastrous train collisions. Typically, software companies in the US stock market command high Price-to-Earnings (P/E) ratios. However, this doesn't seem to apply to Hong Kong stocks, where CRSC (China Railway Signal & Communication Corporation) has a P/E ratio of just 9.5. It's worth noting that only a limited number of countries are capable of developing their own railway control software.

During my visits to China, I've observed that the high-speed train system precisely controls the train's stopping position, aligning with passengers' ticketed locations. Platform markings indicate where to queue for boarding, ensuring an orderly process.