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China Railway Hi-Tech Industry and Changzhou Tiansheng New Materials to form rail transit JV, China [free access]

December 2, 2017

China Railway Hi-Tech Industry, a subsidiary of China Railway Group and Changzhou Tiansheng New Materials are forming the joint-venture (JV), China Railway New Rail Transit Vehicle.

 

The main production facility will be set up in Changzhou National Hi-tech District in Jiangsu province. The JV will manufacture straddle-type and suspended monorail trains, magnetic suspension trains, trams, high-speed commuter trains, rubber-tyred metro vehicles, smart virtual rail systems and subway trains. The JV will also supply engineering equipment and engage in the marketing and financing of products.