On the evening of April 1, Siasun Robot & Automation Co., Ltd. announced that it had signed a cooperation agreement with the Urban Rail Transit Center of the China Academy of Railway Sciences on the research, development, testing, production, installation, debugging, marketing, and after-sales service of system products and software and hardware for urban rail transit ACS (access control system), AFC (automatic fare collection system), safety doors, integrated monitoring, and driver simulation platforms.

　　According to the cooperation agreement, both parties will combine their extensive domestic and international metro and national railway resources, scientific research platforms, and excellent R&D and manufacturing capabilities. They will fully leverage their respective strengths in the urban rail transit field to achieve a strong alliance. Both parties will fully integrate market operations and technological research and development to enhance their brand image and market share in urban rail transit, achieving good economic and social benefits for both parties.

　　The China Academy of Railway Sciences is a large-scale science and technology enterprise directly under the Ministry of Railways, integrating research, development, production, and consulting services. It has a significant influence in China's urban rail transit field. With the continuous increase in urban traffic pressure, major cities are actively investing in rail transit construction, and the market capacity of urban rail transit information systems is also expanding. As a supplier of automated systems for urban rail transit, robot manufacturers will also face favorable opportunities for business development.

　　The above-mentioned cooperation will operate under a "general contractor-subcontractor model" and a "joint venture model." The Urban Rail Transit Center of the China Academy of Railway Sciences will be responsible for the promotion, contract signing, project management, and post-maintenance of urban rail transit ACS, AFC, and integrated monitoring systems based on market conditions and client requirements; Siasun Robot will be responsible for the research and development of urban rail equipment systems, including collecting technical data, technical exchanges, preparing technical specifications, participating in design liaison, building simulation experiment platforms, developing equipment systems (including software and hardware), equipment procurement, organizing system debugging, and participating in system acceptance.

　　This cooperation between Siasun Robot and the China Academy of Railway Sciences marks Siasun Robot's achievement of a leading domestic level in the field of rail transit automation technology. Its leading technological innovation capabilities and strong technological accumulation are important supports for the company's development and growth in the rail transit business. The company stated that through this cooperation, it will further enrich its marketing channels for rail transit business, leverage its existing project experience and the high-quality customer resources of the Urban Rail Transit Center of the China Academy of Railway Sciences, expand the application range of its urban rail transit automation products, enhance its brand image in the urban rail transit field, consolidate and expand its existing product market, and enter the domestic high-speed rail field.