From January 18 to 19, CRRC 2016 Working Conference and Party Committee and Standing Committee (Enlarged) Meeting is held in Beijing. CRRC recognizes the subsidiaries that have outstanding performance in 2015. CRRC Sifang Institute, as the key enterprise of CRRC, fully completes all the operating targets given by CRRC, which is awarded three honors, “Outstanding contribution prize”, “First prize of management” and “Outstanding progress prize”.
In 2015, CRRC Sifang Institute makes persistent efforts, the operating performance rises continuously, besides, CRRC Sifang Institute expands the market, deepens the scientific research, improves management quality. New brake system for locomotive completes all the verifications and reviews; core systems such as traction system get bulk orders, accelerate engineering transformation of core technology; core equipment matches with China standard EMU, realizes integration of traction, brake, network monitoring systems for urban train, enrich technical reserve of core system of China railway transportation; CRRC Sifang Institute implements management improvement, strengthens internal control management, improves operating efficiency of the company by measures of optimizing the organization, strengthening funds management, promoting capacity transformation, and realizes continuous enhancement of management quality of CRRC Sifang Institute, during this period, CRRC Sifang Institute won “Qingdao enterprise management prize”.