TOKYO–(BUSINESS WIRE)–Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has been awarded a contract for the delivery of railcar electrical equipment by CRRC Qingdao Sifang Co., Ltd. in China. The contract covers 93 train sets comprising 744 cars that will operate on Hong Kong’s Mass Transit Railway (MTR). Mitsubishi Electric aims to strengthen its transportation systems business in Asia by means of this order, and to further expand its maintenance and modernization business