Encourage social capital to participate in Railroads construction and Operation. The Railroads Industry is expected to welcome a high prosperity cycle.

① The General Office of the Communist Party of China and the General Office of the State Council issued an opinion on accelerating the construction of a unified and open Transportation market. It mentions encouraging and guiding social capital to legally and properly participate in Railroads construction and Operation; ② Southwest Securities Research Reports point out that with the accelerated replacement of equipment, increased maintenance of high-speed trains, and improvement in the bidding and delivery of new locomotives, Railroads equipment is experiencing a new prosperity cycle.

cls.cnDec 23, 2024 18:43 ET

A consortium including CRRC Corporation has won a $5.6 billion contract for metro construction in Dubai.

① The new metro contract in Dubai has been awarded to a consortium of Turkish and Chinese companies, with CRRC Corporation responsible for the railroads system; ② The blue line spans a total length of 30 kilometers, has three transfer stations, and upon completion, will cross the Dubai River for the first time through a 1300-meter-long bridge; ③ The blue line project is expected to generate a benefit-cost ratio of 2.60 by 2040, with anticipated total revenues exceeding 56.5 billion dirhams.

cls.cnDec 19, 2024 22:25 ET

Traffic control technology: The truck platooning system has completed the development of its main functions but has not yet generated revenue in the low-altitude economy sector | Directly at the earnings conference.

① Traffic control technology provides flight management systems and related services based on drones, entering the low-altitude economy field. With its virtual grouping technology, it is entering hot market areas such as vehicle networking and integrated vehicle-road-cloud applications; ② The chairman of traffic control technology, Gao Chunhai, stated that as of the end of the third quarter of this year, revenue has not yet been generated in the low-altitude economy sector; in terms of integrated vehicle-road-cloud, the truck convoy system has completed the development of major functions and is currently undergoing testing on closed roads.

cls.cnNov 21, 2024 00:35 ET

Beijing Tianyishangjia new material corp.: Launching multiple collaborations in the low-altitude economy and commercial rocket fields, downstream demand for photovoltaics has not significantly improved. | Directly hitting the earnings conference

①The company cooperates with AVIC, Times Technology and other enterprises to produce various aircraft frame wing and other structural components as well as prepreg materials. Its subsidiary Tianrendao holds a strategic cooperation agreement with StarPower, focusing on cooperative research and development manufacturing of rocket fairings, attitude control cabins and other sections; ②The company's research and development of carbon-carbon boxes is used in the high-temperature process of producing positive and negative electrodes for lithium batteries, and has been verified and approved by many industry-leading customers, entering the stage of mass production and delivery.

cls.cnNov 20, 2024 03:24 ET

Pressure on rail transit business, China Railway Signal & Communication Corporation's revenue and net profit both declined in the first three quarters, speeding up the layout of low-altitude economy.

①Yao Guiqing stated that although national policies are tightening, the construction of urban rail transit systems has temporarily slowed down in some regions due to factors such as local debt risks, but there are sufficient existing projects under construction and in planning nationwide to support industry development; ②Regarding the industrialization of low-altitude economy, Yao Guiqing mentioned that the company has already obtained the "Civil Unmanned Aerial Vehicle Operation Certificate", and it is expected that low-altitude economy-related operations will have a positive impact on the company's performance.

cls.cnOct 25, 2024 11:24 ET

It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.

①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.

cls.cnOct 18, 2024 01:13 ET