So far, in the first half of this year, the company has won orders for traction systems for a total of 750 urban rail vehicles in China, accounting for half of the newly tendered market orders for urban rail traction systems in the country.

    At present, China has approved rail transit construction plans for 36 cities and has approved feasibility study reports for 87 lines under construction in 28 cities, with a total length of 2,160 kilometers under construction. During the "12th Five-Year Plan" period, more than 1,600 kilometers of new operating mileage will be added.

    "CSR Times Electric" has seized this development opportunity and vigorously entered key electromechanical system fields such as urban rail vehicle braking, signaling, and energy feedback power supply, breaking the monopoly of foreign "foreign brands" on core urban rail technologies and establishing a strong brand influence as "China's independent core."

    At present, the company's urban rail products have successfully entered 15 cities, including Beijing, Shanghai, Guangzhou, Shenzhen, and Changsha. Last year, it achieved an impressive performance by winning 9 of the 11 independent traction system bidding projects in the domestic urban rail market, with cumulative contract value exceeding 2 billion yuan.