On November 3, Xinzhu Shares said on the investor interaction platform that the core system components of the company's embedded medium and low speed maglev transportation system, such as maglev vehicles, operation control, track beams and turnouts, have achieved the offline localization of development, and the dynamic commissioning of the localization maglev vehicles has reached the speed level of 120km/h, realizing the dynamic commissioning goal. At present, the company is promoting the market expansion of rail transit projects, while continuing to debug the comfort, reliability and stability of domestic maglev vehicles to improve the passenger experience to meet the needs of potential customers.

It is understood that Xinzhu will introduce a full set of core technologies of embedded medium and low speed maglev transportation system from German Borg in 2018. Fully introduce a full set of main core technologies including vehicle, track beam, signal, control and system integration. At present, the company has completed the introduction, digestion and absorption of technology. Localized vehicles will be launched at the end of 2021, and static commissioning and dynamic commissioning will be gradually started at the end of February 2022. On June 30, 2022, Xinzhu Co., Ltd.) announced that the domestic embedded maglev vehicle will achieve stable operation at a speed of 120km/h on the 3.6km long embedded maglev comprehensive test line of Xinzhu Co., Ltd. In the process of dynamic commissioning of domestic maglev vehicles, the company overcame the challenges of complex test line environments such as maglev turnout sections, 100 ‰ ramps, 60 m radius curve superimposed lines, and multi track beam composite lines one by one, and achieved the dynamic commissioning goal of stable operation of vehicles at 120 km/h speed in a much longer than expected commissioning time.