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Three departments promote the update of New energy Fund bus equipment, and the bus industry is expected to enter a new update cycle.
The General Office of the Ministry of Transportation, the General Office of the National Development and Reform Commission, and the General Office of the Ministry of Finance issued the "Implementation Rules for the 2025 New Energy City Bus and Battery Replacement Subsidies." Utilizing ultra-long-term special national debt funds, city bus companies will receive fixed subsidies for updating new energy city buses and replacing batteries.
Private Companies Who Own 52% Along With Institutions Invested in Zhuzhou CRRC Times Electric Co., Ltd. (HKG:3898) Saw Increase in Their Holdings Value Last Week
TIMES ELECTRIC (688187.SH): has a partnership with Xiaomi.
On March 6th, Gelonghui reported that TIMES ELECTRIC (688187.SH) stated on the interactive platform that the company has a cooperative relationship with Xiaomi, but specific cooperation details cannot be disclosed due to a confidentiality agreement signed by both parties.
TIMES ELECTRIC (688187.SH): The main drive products using SiC for Electric Vehicles have not yet been supplied in bulk.
Gelonghui reported on March 6th that TIMES ELECTRIC (688187.SH) stated on the interactive platform that Electric Vehicles SiC main drive products have not yet been supplied in bulk.
TIMES ELECTRIC (688187.SH): No research and development on humanoid robots has been conducted yet.
Glory Exchange reported on March 6 that TIMES ELECTRIC (688187.SH) stated on the interaction platform that in 2015, the company acquired the global deep-sea robot renowned supplier Specialist Machine Developments (SMD) Limited, located in the United Kingdom (i.e., United Kingdom CRRC SMD), and established Shanghai CRRC SMD in 2017, extending the company's Business into the Offshore Equipment field. The company’s Offshore Equipment mainly includes deep-sea operation robots, underwater trenching and cable laying products, deck and underwater mining products, etc. In addition, the company has completed Asia Vets railway inspection in 2022.
TIMES ELECTRIC (688187.SH): The central Air Conditioner inverter in industrial converter products can be used in the Datacenter field.
On March 6, Gelonghui reported that TIMES ELECTRIC (688187.SH) stated on the interactive platform that the central Air Conditioner converters in the company's industrial converter products can be used in the Datacenter field.