On March 1, Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) ( Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) ) announced that it would acquire 100% equity of Qingdao changyunsheng Rail Transit Co., Ltd. by cash payment, so as to realize the acquisition of 49% equity of Shandong Jiatai transportation equipment Co., Ltd. After the completion of this transaction, Shandong Jiatai will become a wholly-owned subsidiary of Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) company.
Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) said that Shandong Jiatai is a national high-tech enterprise with the qualification of a full range of rail transit seat products, and its seat products can cover 160 km-400 km EMUs and 600 km / h maglev trains.
It is understood that 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 160km-600km 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. At present, Shandong Jiatai sales has 45 after-sales stations and 10 maintenance service stations in China.
In the context of the 14th five year plan, the sufficient reserves and continuous approval of rail transit projects provide huge market space for rail transit investment. With the continuous approval of rail transit projects, the upper limit of the market scale of rail transit industry continues to rise, and the market space is broad in the future.
As the vehicles purchased intensively in the last round are gradually entering the overhaul period, the huge vehicle ownership will breed a broad market opportunity for parts. 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.
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) said that the company will further expand and improve the industrial layout and build 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”.
