The predecessor of the company was Guangdong Kaiping Polyester Enterprise Group Co., Ltd., which was approved by the Guangdong Provincial Enterprise Joint Stock System Pilot Joint Review Group and the Guangdong Economic System Reform Commission in September 1992 using Guangdong Stock Review [1992] No. 53, and established by Guangdong Kaiping Polyester Enterprise Group Corporation (wholly state-owned enterprise) as the sole sponsor, with a registered capital of 163,970,000.00 yuan. It was founded on August 19, 1999, and currently holds a business license with a unified social credit code of 91440700719222755U. The main business includes research and development, design, manufacturing, sales and service of core components for rail transit vehicles such as high-speed rail and urban rail; the company provides maintenance services for rail transit vehicle parts products, as well as rail transit infrastructure maintenance and maintenance services for related parts. The company is an important supplier to China Railway Group and CRRC. The main products are water sanitation system products, backup power products, seat systems, brake pads, trade accessories products, fireworks alarm systems, sand sprinkler systems, gas-liquid buffers, etc. Corporate honors: work safety standardization certificate, etc.
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