Established in the early years of PRC, China Railway Signal & Communication Co., Ltd. (“CRSC”) has witnessed the dramatic changes of its railway industry. Over the past half century and more, we have carried a lofty and noble mission and harbored passions and dreams, conducting explorations and conquering difficulties; and developing powers and gaining honors along our journey. Thus, we have made historic contributions to China's railway and economic development.

In the new century, CRSC has entered another stage of rapid development, carrying forward the tradition and heading into the future; and keeping pace with the times and making explorations on the edges. We have maintained a good momentum, with our size steadily expanding, our profitability growing and our strength improving. Today, we have become China's flagship in rail transportation control, and the world's largest provider of rail transportation control systems.

Looking back, we are excited. We appreciate the leadership of the Central Committee, State Council and other authorities, for giving us a direction, as well as confidence and courage; and the support, care and help of customers, peers and all sectors of society, for providing us with a strong guarantee and a positive environment for our development. Looking ahead, we are enthusiastic. We will cherish the existing basis for our development and embrace the new era, standing at a new starting point, grasping new opportunities and embracing new challenges, for safe, steady and sound development.

“As a Chinese poem goes, “Idle boast the strong pass is a wall of iron, with firm strides we are crossing its summit”. Standing at a new starting point, CRSC will follow the leadership of the CPC Central Committee headed by President Xi Jinping, and the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, observing the situation, facing challenges, and emancipating and broadening our mind. We will implement the development strategy of “one main business and diversified relevant businesses” to become a world-class enterprise with global competitiveness, an industrial group featuring rail transportation control technologies and integrating design and R&D, equipment manufacture, general contracting (system integration) and financing & investment. We will lead and support the technological progress of China's information and automatic control industry for rail transportation as a way to strengthen the country through science & technology and transportation; and implement the “Belt and Road Initiative” and the "Globalization Strategy" of China's HSRs as our responsibility as a central enterprise.

I hereby extend my sincere appreciation to all leaders, peers and friends for your constant care, support and help! On the new journey, I am looking forward to deepened friendship and cooperation with you for a brighter future!

China Railway Signal & Communication Group Co., Ltd.

China Railway Signal & Communication Co., Ltd.

Party Secretary and Chairman

Zhou Zhiliang