Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) : it is proposed to hold 100% of Shandong Jiatai to promote the strategy of rail transit platform

On the evening of March 1, Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) ( Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) ) announced that it planned to acquire 100% equity of Qingdao changyunsheng Rail Transit Co., Ltd. in cash, with a transaction price of 1.12 billion yuan. The core asset of Qingdao changyunsheng is 49% equity of Shandong Jiatai transportation equipment Co., Ltd. after the completion of this transaction, Shandong Jiatai will become a Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) wholly-owned subsidiary.

In this regard, the company said that Shandong Jiatai is a national high-tech enterprise with the qualification of supplier of a full range of rail transit seat products. In 2018, Shandong Jiatai has won the honor of “invisible champion” in the industry of Shandong Province. Its seat products can cover 160 km to 400 km EMUs and 600 km per hour maglev trains.

rail transit has broad development prospects, and Shandong Jiatai pays equal attention to both new manufacturing and maintenance market

With the vehicles purchased intensively in the last round gradually entering the overhaul period, the huge vehicle ownership will breed a broad market opportunity for parts and components. According to the maintenance time disclosed in the advanced maintenance table of EMUs issued by China Railway Group and Crrc Corporation Limited(601766) Corporation, the vehicles put into operation in the peak period will enter the maintenance cycle in recent two years.

Shandong Jiatai full range of seat products have a certain position in the new manufacturing and repair market of EMUs. In terms of newly built vehicles, Shandong Jiatai seat products can cover 160 km to 600 km EMUs. CRRC Changke, CRRC Sifang, Sifang Bombardier, CRRC Nanjing Puzhen and CRRC tangche are all important customers of Shandong Jiatai; In terms of maintenance, Shandong Jiatai, as a head supplier, provides a full range of business seats and passenger seat accessories to guotie group and its subordinate railway bureaus, and promotes maintenance technical services and labor services. It is understood that at present, Shandong Jiatai sales has 45 after-sales stations and 10 maintenance service stations in China.

Since 2019, benefiting from the Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) rail transit parts platform strategy, Shandong Jiatai’s full range of seat products have been successfully applied to Jingxiong and Jingzhang intelligent EMUs, new Fuxing intelligent EMUs and Winter Olympic special trains. Shandong Jiatai has continuously realized the upgrading and iteration of products in the cooperation with Crrc Corporation Limited(601766) and China Railway Group and other vehicle manufacturing enterprises and rail transit operation enterprises.

conform to the trend of “intelligent transportation” and close to the needs of end users

In 2021, China Railway Group proposed “2035 intelligent high-speed rail” based on intelligent high-speed rail cloud platform, which mainly includes three aspects: intelligent manufacturing, intelligent equipment and intelligent operation and maintenance. In the future, China’s high-speed rail industry will work towards these three aspects and build an intelligent high-speed rail as soon as possible.

Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) vice chairman Wang Chengwei said that as the upstream supplier of vehicle manufacturing enterprises, it is difficult for rail transit equipment manufacturing enterprises to have close contact with the end users of products. The demand of end users has always been a factor that Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) attaches great importance to when developing new products.

“Shandong Jiatai is constantly exploring and developing under the specific requirements of the ‘smart high-speed railway’. We hope to give full play to the unstructured characteristics of products and explore their potential for universal application.”

Wang Chengwei said that the comfort of seats is the most intuitive experience and the most basic requirement for passengers. Taking the latest model of Winter Olympic train seats provided by Shandong Jiatai as an example, business seats and first-class seats have been customized and innovated and upgraded.

It is understood that the upgraded business seat is equipped with an intelligent interactive terminal “smart screen”, which can provide passengers with rich entertainment programs, mobile screen projection, operation information and other services. The first-class seat adopts the concept of “zero gravity” seat. In order to minimize the pressure borne by the human body, the seat designed by “back cushion linkage” is more like a “cradle” structure, which is not only more comfortable, but also can meet the needs of passengers for short distance, long distance, leisure and other seating positions.

Tang Xiaoming, general manager of Shandong Jiatai, said: “We pay attention to the comfort experience of passengers. Engineers should not only consider the design scheme with complete functions, safety and reliability in the relatively narrow space of the carriage, but also ensure the accuracy and standardization in the subsequent production process, and comprehensively consider the formulation of convenient maintenance scheme in the later stage. In the process of processing, equipment and production, special measuring tools are used in key parts, which is very important for The results and data of the motion design experiment will also be analyzed at the first time in order to optimize the design. “

Wang Chengwei further said, “in the future, the company will further expand and improve its industrial layout and create a large platform for rail transit core parts industry integrating a variety of products. Shandong Jiatai will help Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) realize the upgrading from ‘making products’ to’ making services’.”

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