Hunan CRRC Zhixing Technology Co., Ltd. is based at the headquarters of the smart rail transit industry (Changsha), focusing on building all-scenario demonstration lines, accelerating the implementation of domestic and international market projects, while strengthening scientific research and innovation capabilities, improving product quality, accelerating global strategic layout, and fully promoting the high-quality and high-speed development of the smart rail transit industry. Domestically, more than 100 cities have planned medium and low-capacity rail transit, with planned mileage exceeding 10,000 kilometers, and the annual average growth of medium and low-capacity rail transit operating mileage has reached over 21%.
1) There are 12 smart rail transit lines under construction domestically, including in cities such as Xi'an, Harbin, Suzhou, Yibin, Changsha, Lhasa, and Dali, with a construction mileage of 200 kilometers. Multiple cities including Xi'an, Harbin, Yibin, Dezhou, and Suzhou have announced planned smart rail transit lines, with a total length exceeding 800 kilometers. The development of the smart rail transit industry is timely, with broad market prospects.
2) Major breakthroughs have been achieved in overseas smart rail transit projects. The Abu Dhabi and Malaysia smart rail transit projects have been successfully signed, with a total contract value exceeding 1.3 billion. Smart rail transit has successfully gone overseas, representing China's high-end manufacturing entering overseas markets. Meanwhile, overseas projects in Israel, Thailand, and other countries are also being progressively advanced. The international market influence of smart rail transit continues to strengthen, and industry vitality is continuously stimulated.
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