Li Hongyan, director of the Management Committee and vice secretary of the Working Committee of Qingdao High-tech Zone conducted an research to the enterprises in rail transit industry in Qingdao High-tech Zone for mastering enterprises’ information in production, operation and market expanding and helping them to solve problems in the development. Wang Zhen, vice director of the Management Committee and member of the Working Committee of Qingdao High-tech Zone accompanied the research.

Qingdao Asian Tongda Railway Equipment Co. Ltd. has been committed to the manufacturing and related service of spare parts for rail transit vehicles. The water supply sanitation system and emergency power supply system developed by the company occupy 50 percent of the market share in the domestic rail transit industry. Faiveley (Qingdao) Transportation Equipment Co. Ltd. is mainly engaged in the design, production and sales of a variety advanced core components and systems for high-speed trains, intercity trains and rail trains. Its self-developed and produced series of products have been successfully sold to many countries.

Li Hongyan visited the project workshop and R&D center of the companies, inspected the technological characteristics of related products, ask for information on their production and sales, and listen to the opinions and suggestions from the enterprises.

Li Hongyan affirmed the approaches of the enterprises on continuously improving market competiveness and expanding the emerging market. He said that Qingdao High-tech Zone is sparing no efforts to optimize the business environment and wholeheartedly serve enterprises for their development. He expressed his hope on enterprises to further strengthen the confidence in development, seize market opportunities, and constantly improve the development momentum and product competiveness.