On the afternoon of March 1, Zeng Tingyi, Vice General Manager of ITG Holding and Vice Chairman of CCRE, led a team to visit China Railway Engineering Equipment Group Co., Ltd. Lin Ruijin, Executive Vice General Manager of CCRE, Lin Chunming, President of XGMA, Li Xiyong, Vice President and Financial Director, Zhuang Zhiqu, Secretary of the Board of Directors of CCRE, and Li Zongfeng, Product Manager of XGMA accompanied the visit.

Vice Chairman Zeng Tingyi and his delegation first visited the shield tunneling assembly workshop of China Railway Equipment, listened to the introduction of the development history of China's tunneling machine industry and the innovative achievements of China Railway Equipment, and watched the shield tunneling machine assembly process on site to understand the application fields and working principles of the equipment. They also relived the important instructions of "Promoting the transformation of Chinese manufacturing to Chinese creation, the transformation of Chinese speed to Chinese quality, and the transition of Chinese products to Chinese brands" made by General Secretary Xi Jinping on May 10, 2014.

After the visit, Vice Chairman Zeng Tingyi and his delegation had a discussion with leaders of China Railway Equipment. At the symposium, Zhao Hua, Secretary of the Party Committee and Chairman of China Railway Equipment Group warmly welcomed the arrival of Zeng and his delegation, and gave a detailed introduction to the company's basic situation and recent product research and development, production and operation, and future development. Vice Chairman Zeng highly appreciated the development achievements of China Railway Equipment and introduced the development situation of ITG Holding and CCRE. The guests and hosts also conducted in-depth discussions and exchanges on the construction of manufacturing capacity for shield tunneling products of XGMA and China Railway Corporation, the expansion and promotion of shield tunneling product application scenarios, and the cooperative development of electrified engineering machinery products.

On the morning of March 3, in order to further understand the planning and implementation of China Railway Equipment in the localization of key components and intelligent manufacturing of high-end equipment, the delegation visited China Railway Intelligent High-end Equipment Industrial Park. It is an important strategic measure for China Railway Equipment to promote the transformation and upgrading of the industrial sector, improve industrial clusters and layout. The industrial park will create a truly global tunneling machine industry platform through intelligent design, intelligent manufacturing, intelligent services, intelligent warehousing, and combined with the construction of mining machine databases and cloud computing centers. Chairman Zhao Hua accompanied the delegation to visit the first phase of the industrial park project, introducing the development plan and construction content of the industrial park, intelligent manufacturing equipment and process control, and the production process of key components for shield tunneling.

After the visit, both sides expressed that they will further establish long-term friendly cooperative relations, cooperate in multiple fields, and work together to achieve a win-win situation.