- Business
- Nanjing Railway New Technology Co.,Ltd. (301016.SZ) manufactures and sells rail vehicle body parts and bogie parts for railway transportation, urban rail transit, and other rail vehicles operating at speeds from 60 km to 350 km per hour; core products include underframe components, wall panels, roof components, cab components, and other body components such as end frames, chassis components, and molded parts; bogie systems encompassing traction brakes, shock absorbers, buffers, braking systems, metal rubber parts, and precision forged parts; electrical system components like embedded controllers, switch button components, battery management systems, axle temperature alarm systems, and wheel flange lubrication systems; as well as carbon steel products, rubber parts, and machine parts processing services. The company, founded in 1994 and headquartered at No. 19-21 Longtai Road, Jiangbei New District, Nanjing, Jiangsu Province, China, operates primarily in the domestic market with international distribution and maintains subsidiaries including Nanjing Chuangxiang Electric Co., Ltd., Nanjing Puzhen Railroads Products & Accessories Co., Ltd., Anhui Railway Transportation Equipment Co., Ltd., and Changchun Railway Transportation Equipment Co., Ltd. In recent developments, the company released its third-quarter report and semi-annual report for 2025, announced a final cash dividend plan for 2024 payable on April 30, 2025, revised its articles of association alongside corporate governance systems, and processed related industrial and commercial registration changes in August 2025; major shareholders including Ji Yigen and Nanjing Boke Enterprise Management Center plan to reduce holdings by up to 2.5 million shares, while certain shareholders' reduction plans expired without execution.