November 20, 2008

Magang inks independent innovation cooperation agreement

It is reported that recently, Magang Group and the Ministry of Railway in Beijing signed China's high speed train wheel independent innovation cooperation agreement by 2 to 3 years to complete the independent innovation for 200 kilometer to 250 kilometer high speed wheel, by 4 to 5 years to complete the independent innovation for more than 350 kilometer high speed wheel and realize mass production.

Magang become the China’s high speed train wheel production base. A few years later, the China’s high speed train wheel will bear Anhui Magang to create label.