On December 11th, four companies from Jiangsu province won awards at the Fourth China Grand Awards for Industry held in Beijing.
Hosted by the China Federation of Industrial Economics (CFIE) every three years, the China Grand Awards for Industry represent the highest honor for many industries in China and are often referred to as the "Oscars of Chinese industry". This year, the event invited leading enterprises with core technologies and intellectual property rights from a range of different sectors.
The gear transmission system for high-speed rail trains developed by CSR Qishuyan Locomotive & Rolling Stock Technology Research Institute Co., Ltd. won a Grand Award this year. The company spent more than ten years researching and improving the system. The system has now been installed on more than 70 percent of the high-speed trains in China so far.
The other three Jiangsu companies are: Wuxi Shuangliang Eco-energy, the only enterprise in the environmental protection field to win a Grand Award this year; Wuxi Fasten Group, the first enterprise from the metal wire products industry to win a Grand Award; and Suzhou Hengtong Group, a leading enterprise in the fields of communication, electric power and grid power in China.
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