Shanghai Intelligent Transportation Co., Ltd. Setup to Light Smart City

2017-05-18

On May 18, "Shanghai Intelligent Transportation Co., Ltd." was established in Yangpu, Shanghai, which is jointly invested by STEC, CRRC, and CHINA TRANSINFO. Xie Jiangang, the vice party secretary and district mayor of Yangpu District, Wang Zhen, the vice district mayor of Yangpu District, Gu Yujing, the vice director of the standing committee of the district people's congress, Zhang Yan, the party secretary and board director of STEC, Zhou Wenbo, the president and the vice party secretary of STEC, Sheng Borong, the vice president of STEC, Wang Gongcheng, the assistant to the general manager of CRRC, Qu Shan, the general manager of China TransInfo Technology Co., Ltd., Wu Bing, the party secretary of School of Transportation Engineering of Tongji University, Chen Xiaohong, the director of Chinese Magnetic Suspension Research Center, and Huang Guobin, the general manager of Shanghai Highway Investment Co. Ltd participated in the inauguration.

The company is the first smart transportation platform enterprise in China, which is formed by the leading businesses in different areas. It will gather the core resources and technologies of the different share-holders in municipal infrastructure program consultation, the construction and running of large and complicated projects, building transportation equipment, and the mobile internet. Besides, it will cooperate with the superior partners in the related area in China in their important roles to enhance the running efficiency of city transportation and promote municipal smart construction by providing smart one-stop transportation.

Zhou Wenbo delivered a speech on the inauguration that STEC is the first business group to involve itself in smart transportation and one of the leading enterprises in this area. Shanghai Intelligent Transportation Co., Ltd. gathers the leading businesses and experts in three different areas in China, who will offer better comprehensive solutions of smart transportation for the smart city development with urban characteristics. STEC is ready to give strong support to the development of the smart transportation Co. Ltd.

After the establishment of Shanghai Intelligent Transportation Co., Ltd., it will build the transportation information system to realize the information sharing across regions with focus on the urban hard nuts; it will promote the transportation efficiency and safety with the information of transportation status obtained by smart sensors to get the key nodes in the industry sectors; it will optimize the transportation construction by analyzing the collected data on infrastructure management and maintenance to formulate feasibility study to give feedback to the urban programming and design.

In the future, the company will comprehensively employ the new technologies of artificial intelligence, big data, and internet+ to research into the key technology of coordinating vehicles and roads, the urban transportation policy based on blending big data and sharing the time and spaces of the urban transportation. The aims of the company are to entirely increase the ability to control urban transportation, to improve the efficiency of transportation and the convenience of the travelers, and enhance the elasticity of the urban transportation.