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Founder International Wins More Intelligent Transportation Prizes

Founder International Wins More Intelligent Transportation Prizes

On March 22-23, the Sixth Chinese Intelligent Transportation Market Annual Conference was held in Beijing, during which an officially verified ranking of intelligent transportation market results was released. In 2016, Founder International continued to rank high on the list among those in this Billion Yuan Club of Intelligent Transportation Market. In addition, during the “Appraisal of the Most Influential Corporations in the Sixth Urban Intelligent Transportation Conference” event, Founder International was once again awarded prizes in two categories - “2016 Top Ten Successful Integrated Chinese Intelligent Transportation Systems”, and “2016 Ten Outstanding Chinese Companies in Intelligent Public Transportation.”

In 2016, Founder International’s intelligent transportation business made further progress, outside of the fields of railed transport and intelligent transportation. It also achieved significant progress in the related fields of geographical information systems for police use, electronic policing, checkpoint guarding, and in its traffic management guidance platform. The growth of these businesses is very promising. In railed transportation, Founder International successfully completed major projects such as the Xi’an Subway ACC system and AFC system in Zhengzhou Subway’s Line 2 and Chengjiao Line, and has been awarded projects for Chongqing Subway Line 5 and the Suzhou Tram, meaning it is expanding into new regional markets and new areas of the market. Of projects run by Founder International in the field of intelligent transportation, Changzhi Shixing Public Transport and Dongguan Smart Public Transport have already been approved; and the Jiaozuo Shixing Public Transport and Hohhot Municipal Transport projects are also catching people''s attention. The intelligent transportation business was born in East China and is now spreading across the whole country.

 

Founder International Attends Chinese PPP & ABS High Level Summit, and Signs Strategic Co-operative Agreement

On March 31, the First China’s PPP & ABS Capital Securitization Summit was jointed held by GF Securities and Guangfa Hexin Industrial Investment in Beijing. It was attended by Founder International representatives including vice president Wang Haibo; and the deputy general manager of the Smart City Department Tong Jun; both of whom also represented the company in hosting a signing ceremony for strategic cooperative agreements with companies and organizations including GF Securities and Guangfa Hexin. 

At the conference, roundtable discussions were held on the topics of PPP and ABS. Tong Jun, the deputy general manager of the Smart City Department, pointed out during the forum that PPP can be used to launch smart cities, and ABS can effectively drive the replication and promotion of the projects elsewhere. This is not only of great value to the growth of the corporation, but more importantly can drive the further development of smart cities within China, especially in such smart city projects characterized by multiple transportation requirements, complicated layouts and scattered distribution. In such situations, PPP & ABS may become the new bridgehead in the development of smart cities.


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