Shenzhou high -speed rail 4 million us dollars to purchase vehicle bearing defect detection system

The company's wholly -owned subsidiary shentie us corporation signed an agreement with the us railway transportation technology center. shentie us corporation purchased the vehicle bearing defect detection system (tads system) and its special technology and intellectual property rights from the us railway transportation technology center. technology and intellectual property rights have been applied to the bearing testing of north american railways, european railways, and chinese high -speed vehicles and trucks. the transaction price is $ 4 million. after the above transactions are completed, the company will fully have acoustic intellectual property rights to better serve the chinese railway.

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