Liu Qitao introduced the strategic deployment of 'experts in five areas ' in his speech, noting that the establishment of CCCC Railway Design Research Institute Co., Ltd. was the major strategic deployment conducted by CCCC according to domestic and overseas market changes and the national development strategy, to proceed with diversified development, advance specialized restructuring, optimize resource allocation and enhance competitiveness. The move will not only improve the group's overall strength, create new profit growth points, and accomplish the continuous and fast development of the group, but also further enhance the group's comprehensive competitiveness in rail transit, accomplish the transfer to the 'medium and high end' of the value chain, and accelerate transformation and upgrading.

Tang expected the company to seize the national strategic opportunity to fast develop the company's business scale; to establish the awareness of high-end positioning and take the opportunity of technological progress to cultivate its core competitiveness; to practically advance the strategy of prospering the enterprise by talents and build an international high-end talent team; and to provide high-efficiency value-added services.

Establishing a professional railway design institute to enter the field of rail and urban mass transit is a decision of national strategic significance made by CCCC, said Wang, adding that a new member will join the survey and design industry to inject new energy into industrial development, and CEDA highly anticipates that.

CCCC Railway Design Research Institute Co., Ltd. is a professional company mainly engaged railway design, urban mass transit design, urban integrated design, system integration and debugging, and design management. The company was established on the basis of former CCCC Railway Survey and Design Institute after gradually integrating the railway and urban mass transit design and consultation resources of CCCC's relevant subsidiaries. After its establishment, the company will rely on CCCC's brand advantage, advantage in the whole industry chain, advantage in overseas development and advantage in advanced management, to enhance its development potential and broaden its business scope.

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