Guiyang, Nanjing ink cooperation deal on urban rail transit

During an investment promotion event held on May 11 in Guiyang, the capital of Southwest China's Guizhou province, Guiyang Urban Rail Transit Group Co signed a cooperation agreement with CRRC Nanjing Puzhen Co.

According to the agreement, both companies will co-establish a new company specializing in rail transit equipment maintenance, accessory sales, technology consultation services, and the establishment of big data platforms and other integrated platforms.

The agreement includes an intended investment of 260 million yuan ($40.81 million).

After the signing ceremony, representatives of CRRC Nanjing Puzhen Co and Nanjing Kangni Mechanical & Electrical Co visited Guiyang Metro Line 1's Jinyang rail yard to learn about the maintenance situation of the city's metro vehicles.

In the future, Guiyang Urban Rail Transit Group Co will establish a special work team to promote the establishment of the new company.

Guiyang Urban Rail Transit Group Co attaches great importance to investment attraction and seeks opportunities to realize enterprise transformation and sustainable development.