Take part in the national strategic planning of "big channel" of railway and "big speed up" of service strategy upgrading of Shenzhou high speed railway

The operation and maintenance industry of the whole line has a very high industry threshold and qualification barrier, and it is also the most core business segment in the post market of rail transit with the largest development space. And intelligence has been the direction of unremitting efforts of several generations of rail transit operation and maintenance workers. Shenzhou high speed railway (000008, share bar) (000008. SZ), a listed company controlled by China State Investment hi tech Industry Investment Co., Ltd. (hereinafter referred to as "state investment hi tech"), under the pressure of performance commitment, has maintained its strategic focus since the beginning of the great transformation in 2016, and has continued to invest 300 million yuan in the strategic transformation within three years, making great efforts in the major shareholders of state investment hi tech and Haidian state investment With the support, the company realized the implementation of the whole line operation and maintenance strategy. At the end of 2019, Shenzhou high speed railway ushered in a day of strategic breakthrough, and the freight railway field will obtain the first deeply cultivated line Sanyo railway Henan Sanmenxia to Anhui Suzhou project (hereinafter referred to as "Sanyo railway project" or "this project"). According to the announcement of the resolution of the board of directors in the evening of December 6, Shenzhou high speed railway will increase the capital of 1.6 billion yuan to the project company (three times before the end of 2021), acquire 13.25% of the equity of the project company and become its first major shareholder, and enjoy 50% of the voting rights of the shareholders' meeting of the project company, so as to achieve the strategic purpose of obtaining large-scale line operation and maintenance business with relatively small investment, and obtain the equipment and operation during the construction period At the same time of operation and maintenance revenue, the company quickly obtained performance qualification, improved the operation and maintenance capacity of the whole line, and made milestone progress in upgrading the intelligent operation and maintenance service strategy of the whole line of rail transit.

follows the national transportation strategy and completes the industrial closed-loop. The company's operation and maintenance service strategy is implemented and accelerated. The traditional rail transit operation and maintenance business of

relies on government subsidies for a long time, lacks mechanism innovation, lacks internal power, and has limited profit space. As a pilot enterprise in the reform of state investment high-tech mixed ownership, Shenzhou high-speed railway is like a catfish, bringing market reform with its own innovation and development.

Shenzhou high speed railway, from a private enterprise struggling in the industry for 20 years, has built the only leading platform enterprise of operation and maintenance equipment system of the whole industrial chain of rail transit in China. By 2017, it won the state-owned capital of Haidian District, Beijing, and by 2018, it became the controlling shareholder. The status of the state-owned enterprise makes the social credibility, brand influence of Shenzhou high speed railway Resource integration and credit strength have been significantly improved. After more than three years of strategic planning and continuous investment, Shenzhou high speed railway has completed a comprehensive layout in urban rail transit, high-speed railway, city railway, freight railway and many other different rail transit system fields, taking the lead in innovating the mode of upgrading the equipment provider of the whole industrial chain of operation and maintenance to the intelligent operation and maintenance service provider of the whole line. In order to finally implement this strategy, the company will take urban rail transit and freight railway as the key layout direction to build a demonstration line. Through intensive cultivation of the demonstration line, the company will obtain the operation and maintenance rights of one line after another with real and visible operation effects, so as to open the whole post operation and maintenance market. In terms of urban rail, the company's whole line operation and maintenance service has been implemented in Tianjin Metro Line 7, and is bidding for the TOT project of Tianjin Metro Line 2 and line 3, in order to obtain the long-term operation and maintenance business of the metro line under operation, while the long-term operation and maintenance business of Sanyo railway is waiting on the freight railway. As an important part of the "Yangtze River Delta Northwest Passage" of the national "13th five year plan", Sanyo railway has been included in the national "medium and long term railway network planning", "three-year action plan for the construction of major transportation infrastructure projects" and other major plans, and will undertake the task of freight transportation between the northwest and the eastern ports and along the railway in the future, It is also a demonstration project of 8 National Railways invested by social capital, and the construction standard is the first level of national railway. At present, the section from Suzhou to Yangkou Port of Sanyo railway has been put into operation. The total length of Sanmenxia to Suzhou section invested and constructed by Shenzhou high speed railway is 664 kilometers, of which 83 kilometers have been put into trial operation in the first phase, and the rest three phases are expected to be completed within three years, so as to realize the full line connection from Sanmenxia to Yangkou Port.

according to the plan, Sanyo railway will effectively undertake freight "transit rail" traffic volume, and freight railway will become the most important mode of freight transportation in China, with broad prospects for development. The development of the United States and other developed countries confirms the industrial value of freight railway. The BNSF freight company invested by Buffett is one of the most profitable railway freight companies in the United States.

in recent years, favorable policies of the industry have been issued frequently, especially the deepening of the policies of "public to rail" and "rail water combined transport". The state clearly proposes to significantly increase the proportion of railway freight, fully open the market for investment, construction, operation and maintenance of railway special lines, and innovate the mode of railway special line operation and maintenance. In September 2019, the Central Committee of the Communist Party of China and the State Council issued the outline of building a powerful transportation country, which clearly requires optimizing the transportation structure and accelerating the construction of "public to rail" key projects such as special railway lines.

according to the traffic volume report issued by the professional organization, the annual transportation demand of coal, building materials and port cargo along the line reaches 160 million tons, which will become the main support point for the future development of Sanyo railway project. At the same time, the Mongolian Chinese Railway invested by the state investment group is the national north-south energy channel, which has been put into operation and connected with the project in Sanmenxia. After this investment, the coal transported by Mongolia China Railway will be transported to Henan, Anhui and Jiangsu through Sanyo railway under the guidance of the same shareholder, and will be directly connected to Yangkou Port, providing a strong guarantee for the traffic volume of the project. A 6031 a 6031 Shenzhou high speed railway successfully invests in Sanyo railway, which will form the synergistic effect of the same shareholder of the central enterprise in the two main freight railways of Mongolia China Railway and Sanyo railway. Sanyo railway is connected with Mongolia China Railway, and their investment will also be coordinated. This is the general layout of the whole China Investment Group in rail transit transportation. From investment and financing, construction, equipment supply in the early stage of the project to operation management, update and maintenance in the later stage, the whole rail transit industry closed-loop will be formed. Among them, Shenzhou high-speed railway has creatively developed its unique professional advantages and emerged in the Chinese railway market dominated by national railway. The long-term sufficient order quantity and stable cash flow of

, comprehensively driving the research and development of cutting-edge intelligent equipment, speeding up the research and development of

, feeding the R & D and sales of equipment system through the whole line operation and maintenance, is an important idea for the long-term development of Shenzhou high-speed railway. The company adheres to the core competitiveness of technology research and development and product innovation, and has formed a market covering 5g and AI after rail transit operation and maintenance , big data, Robotics (300024, Guba) and other cutting-edge technologies to create the most innovative and technological content of products and service system. The Sanyo railway project invested by the company is dominated by social capital, with natural advantages of intelligent, professional and market-oriented operation and maintenance. It is an important opportunity for the company to comprehensively apply and promote the above-mentioned cutting-edge technologies and intelligent equipment systems such as unmanned maintenance plant, unmanned patrol line, unattended substation, intelligent driving, intelligent dispatching, etc.

in this investment, the company's strategic upgrading and stable business development will be realized at the same time, rolling forward. Sanyo railway project has the independent permanent operation right and independent pricing right approved by the national and Henan development and Reform Commission (the maximum freight rate is not more than 0.35 yuan / ton kilometer). According to the reasonable calculation of the annual freight volume of 65 million tons and the freight rate of 0.12-0.15 yuan / ton kilometer, the annual transportation revenue of the project company can reach 5 billion yuan to 6.5 billion yuan after the whole line is put into operation, which is comparable to the high-profit large freight railway such as Shuohuang railway It has a broad profit prospect. As a shareholder of Sanyo railway project company, Shenzhou high speed railway will obtain an average annual income of about 150 million yuan according to the equity ratio. By virtue of the long-term and continuous transportation revenue of Sanyo railway project, a stable cash flow profit can be formed, which can provide strong support for the continuous improvement of the company's operating performance.

in the evening of December 6, Shenzhou high speed railway released the announcement of participating in the bidding simultaneously, which shows that the company and its subsidiaries intend to join in the joint venture with China Construction Corporation, China Railway Construction Bridge Engineering Group Co., Ltd. and China Railway Construction Bridge Engineering Group Electrification Engineering Co., Ltd. to participate in the general construction of new construction and reconstruction of some sections of Sanyo railway Package bidding. The total bidding amount is about 9 billion yuan, including 1.84 billion yuan for equipment and 7.1 billion yuan for project construction. In view of the tenderee's hope that potential bidders can participate in the investment and construction of the project as social investors at the same time, the investment arrangement of Shenzhou high speed railway has taken the lead. Through a joint venture with top enterprises in the industry such as CSCEC and China Railway Construction Bridge Bureau, which have long-term cooperation with the company, it is expected to complete the project with high quality and share the project revenue with partners. According to the announcement of

Shenzhou high speed railway, after winning the bid, the company and its subsidiaries will be responsible for the supply of the above-mentioned 1.84 billion yuan of equipment, and participate in some construction supporting services, including BIM simulation, intelligent platform, consultation, engineering services, etc., so as to obtain more business contracts and profits. In three years, it is estimated that the total amount of traditional technical equipment, intelligent equipment, operation and maintenance services available for the high-speed railway in Shenzhou will not be less than 4.2 billion yuan, with an average annual income of about 1.4 billion yuan. The project is a permanent operation line. After the whole line of the project is put into operation, the average annual operation and maintenance revenue of Shenzhou high-speed railway is expected to be about 1.8 billion yuan.

from the perspective of enterprise growth, the project will become a demonstration line of the company's intelligent equipment and big data system products. By building a freight railway demonstration line, it will set an industry benchmark, accelerate the application of the company's intelligent equipment system, and lay the foundation for the promotion of intelligent equipment system in other line customers; from the perspective of industry impact, it will rely on the line The Shenzhou high-speed railway can continuously output demonstration effects, including the optimized transportation organization mode, the most cost-effective employment standard, the most intelligent rail transit operation and maintenance equipment and service.

has accumulated experience, resources and market recognition in the operation and management of the whole line, and accelerated its growth into a new pole of rail transit,

, "building a world-class transport enterprise", which is clearly put forward in this year's outline for the construction of a powerful transport country, as well as the long cherished wish of many rail transit enterprises. Shenzhou high speed railway once said in several Announcements: in the market after the operation and maintenance of the whole rail transit line with huge potential, the company is determined to become a professional, intelligent and chain intelligent operation and maintenance service provider of the whole line operating dozens of lines, build the first brand of intelligent operation and maintenance, and realize the vision of a hundred billion level enterprise. The

Sanyo railway project is a landmark project of the successful upgrading of the whole line operation and maintenance service strategy of Shenzhou high speed railway after it is controlled by the state investment group, which fully demonstrates the advantages of the company as a subsidiary of the central enterprise, marks the qualitative change of the company's major strategic upgrading, and promotes the strategic landing of the company's whole industry chain and full life cycle business development through a small amount of investment, Provide strong support for the company's long-term sustainable performance growth in the future. The whole line operation and management business of

Sanyo railway project accumulates resources and experience, promotes high-tech products and innovative business model