Xiangdian Co., Ltd.: The subway traction system is one of the company's traditional business segments. The company has relevant cooperation with CRRC.

NightAirdropper · 2026-03-03T05:44:06+00:00

Xiangdian Co., Ltd. responded to questions about the low market share in subway and high-speed rail traction systems during investor interactions, stating that the company has a cooperative relationship with CRRC and did not disclose more sensitive information. At the same time, the source of superconducting materials in the company's electromagnetic catapult business was not detailed.

NightAirdropper

2026-03-03 05:44:06

Abstract generation in progress

Everyday Economic News AI Express: An investor asked on the investor interaction platform: The company’s subway traction systems and high-speed rail traction systems currently have a low market share. Does the company have any plans in this area, and how does it plan to break the monopoly of CRRC? Regarding the company’s electromagnetic catapult business, is the superconducting system material purchased externally or produced in-house? Lianchuang Optoelectronics has established an electromagnetic catapult aerospace launch company. Since the company does not have an advantage in superconducting materials, how will it compete in the future?

Xiangdian Co., Ltd. (600416.SH) stated on March 2 on the investor interaction platform: Hello, the subway traction system is one of the company’s traditional business segments. The company has relevant cooperation with CRRC; other sensitive information is exempt from disclosure. Thank you for your attention.

(Reporter Zeng Jianhui)

Disclaimer: The content and data of this article are for reference only and do not constitute investment advice. Verify before use. Proceed at your own risk.

Daily Economic News

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.