In another key growth announcement, Perpetuum has entered the Chinese rail market after cementing a key partnership with Beijing Sheenline Group Co. Ltd.
Perpetuum and Sheenline have signed a Memorandum of Understanding to manage the introduction of Perpetuum into China. The contract scope is for wheelset, bogie and track information services plus WSNs and DCs as well as design advice for installation and commissioning. Sheenline has procured Perpetuum equipment that will be deployed throughout China over the next two years, targeting Very High Speed, Metros and Freight applications.
Sheenline is owned by China High Speed Railway Technology Co Ltd (CHSR), which is listed on the Shenzhen Stock Exchange and has been involved in the construction and equipping of nearly all rolling stock depots in China. It is a major supplier to CRRC Corp., the Chinese publicly traded rolling stock manufacturer and the local transport municipalities throughout China.
“China is the largest railway market in the world and is only destined to get bigger and more influential. We are very pleased to have found a partner in Sheenline which allows us to offer our Chinese clients the service and support they expect from Perpetuum,” explained Justin Southcombe, commercial director for Perpetuum. “This is a very exciting time for both companies to be entering the Chinese market as it looks to revolutionise productivity and punctuality in its railways.”
Shan Guan, director for Sheenline said; “Sheenline has been investing in high technology as part of its data centralisation strategy and Perpetuum provides the analytical services and on-board data capture that we have been looking for. We share a vision of introducing carefully selected technology that can be integrated to ensure that the railways can achieve more from less, more safely.”