After 50 years of reform and development, the company has always adhered to science and technology as the guide and innovation as the driving force to promote the rapid growth of the industry, and witnessed the scientific and technological progress and industrial development of railway electrification in New China. At present, the company has formed an industrial layout dominated by four sectors: electric drive and automation, new materials, new energy equipment and power electronic devices, with three domestic and foreign listed companies, two national enterprise technology centers, two postdoctoral research mobile station enterprises and two foreign joint ventures. In 2009, the sales scale exceeded 6 1 100 million yuan. Through the introduction of digestion and absorption, the company has strong independent R&D and innovation ability, and has built an independent innovation R&D platform in the field of rail transit equipment traction drive and control system, with ten core technologies such as electrical system integration, converter and its control, on-board control and diagnosis, power electronic devices, polymer composite engineering application, train operation control, wind power generation equipment integration and key components, electric vehicle integration and key components, construction machinery and its electrical control, communication and information application.
The company has a prominent position in the industry, strong qualification and high reputation. At present, it is the supporting unit of the National Engineering Research Center for Converter Technology, the designated unit for the localization of AC drive and control system of urban rail traction equipment, the affiliated unit of the Traction Electrical Equipment Inspection Station of the Product Quality Supervision and Inspection Center of the Ministry of Railways, the domestic centralized unit of IEC/TC9 industry standards, the National Mass Transit Polymer Materials and Products Quality Supervision and Inspection Center, and the Hunan Provincial Vibration and Noise Reduction Materials Engineering Technology Research Center. National MW wind power converter high-tech industrialization demonstration base, supported by Hunan Electric Vehicle Electric Drive Engineering Center, key high-tech enterprise of National Torch Program, national advanced patent unit, Zhuzhou China Rail Transit Patent Information Center.
Innovation never stops, leading the trend. Adhering to the enterprise spirit of "honesty, dedication, innovation and transcendence", the company will accelerate the "three leaps" project (2065438 10 billion, 20 13 years, 20 15 years, 30 billion).