Recently, the consortium comprising the China Railway Group Limited and its seven subsidiaries as China Railway No.3 Engineering Group Co., Ltd., China Railway Guangzhou Engineering Group Co., Ltd., China Railway Electrification Bureau Group Co., Ltd. of CREC, China Railway No.5 Engineering Group Co., Ltd., China Railway No.6 Engineering Group Co., Ltd., China Railway Tunnel Group Co., Ltd. and China Railway No.9 Engineering Group Co., Ltd., has won the bid for the EPC contract of construction project of Shenzhen Urban Rail Transit Line No.14. The project includes the civil construction projects of all stations (excluding Gangxia North Station and Pingshanwei Station) and sections, depots, parking lots and main transformer substations of Line No.14, building decoration, regular equipment procurement and installment, rail construction, overhead line construction, system equipment installment, reservation and embedment, preparation of sites and temporary equipment of constructing units, etc., construction of property development platform above the depots and parking lots, and certain preliminary projects and simultaneous implemented projects. The project has a duration of 1,676 calendar days and a contracting amount of RMB 23.507 billion, accounting for approximately 3.68% of the Company's operating income as of 2016 under the accounting standards of China.