Bombardier : New Chinese Signaling Joint Venture Wins First Contract

• Advanced rail control solution to enable safe, reliable and fast operation on first metro line in Changzhou, China
• Joint venture is enhancing local expertise for metro signalling industry

Bombardier Transportation announced today that its Bombardier and New United Group (NUG) Signaling Solutions Co. Ltd. (BNS) joint venture (JV) in China has won its first contract. The order from Changzhou Metro Co. Ltd. is to equip its Metro Line 1 with an advanced rail control system. The total contract value for BNS is approximately 226 million Chinese RMBs ($33 million US, 31 million euro). Bombardier owns 50% of the shares in BNS JV, which was established in 2015. Scheduled to open in 2019 the 34-km Metro Line 1 will run from north to south, linking residential and business districts and connecting to the high-speed rail and public bus network.

'We are very proud to have been selected by Changzhou Metro to provide our advanced rail control technology for the city's first metro line', said Jianwei Zhang, President of Bombardier China. 'Bombardier's CITYFLO solution will enable semi-automatic train operation on the line, planned to transport up to approximately 950,000 passengers per day at speeds of up to 80km/h. This will significantly improve the travel time for passengers across the city.'

The CITYFLO 650 advanced automatic train control solution offers a more efficient and reliable way to manage complex urban rail operations compared to traditional signalling systems. This on-board system uses wireless high-speed data communication between the train, track equipment and central traffic control to continuously monitor the position of a train. It automatically supervises train speeds for faster passenger journeys and increases the line´s capacity by safely reducing the distance that separates trains travelling along the same track.

Bombardier is a major signaling provider for China's urban mass transit markets and the CITYFLO solution is a proven choice to provide safe and reliable operation for large-scale metro lines. In China, the system is in operation on metro lines in Shenzhen and Tianjin. In addition APM systems, controlled by CITYFLO, are running in Guangzhou, Beijing and soon in Shanghai. Around the globe, the system is in service or delivery on 35 lines including in cities in Brazil, Germany, India, Malaysia, Saudi Arabia, Spain, Thailand, and the US.

Recognized as the most successful foreign rail transportation company in China, Bombardier has six joint ventures and seven wholly foreign-owned enterprises, manufacturing a broad portfolio of solutions that includes urban mass transit vehicles, high speed trains as well as propulsion and control equipment, signaling solutions and tailored services. Together, the joint ventures have delivered more than 3,500 high speed railway passenger cars and over 2,000 metro cars to China's growing urban mass transit markets, all of which use Bombardier propulsion equipment. Bombardier propulsion equipment is also largely supplied to other third party metro car builders and are used in total 19 Chinese cities.

About Bombardier Transportation

Bombardier Transportation is a global leader in rail technology and offers the broadest portfolio in the industry. It covers the full spectrum of rail solutions, ranging from trains to sub-systems and signalling. The company also provides complete transport systems, e-mobility technology and maintenance services. As an innovation driver, Bombardier Transportation continuously breaks new ground in sustainable mobility. It provides integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 39,400 people and its products and services operate in over 60 countries.

Bombardier is the world's leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability North America Index. In the fiscal year ended December 31, 2015, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.