OREANDA-NEWS. September 18, 2012. Lately, TISCO has fulfilled batch supply of its special stainless steel for passenger car making to one of the key rail transit companies in Chongqing City, reported the press-centre of TISCO. 
 
Chongqing has witnessed rapid growth in the rail transit business from the beginning of the year, with a year on year increase rate of 150% on the output. As for the company in particular, the 1st half of the year had an total output of nearly 1.6 BRMB, and the forecasted production of the full year will be 432 cars, which enlist the company one of the top 3 domestic suppliers in the business.

The company has so far two categories of product of monorail car and Type B stainless steel metro car with the annual capacity of 500 vehicles. It is forecasted that by 2020, with the company as the backbone, Chongqing will expand the rail transit production scale to 500 urban light rail cars and 200 high speed cars & CRHs and maintenance capacity of 200 rail transit cars. Fulfilling the total output value of 100 BRMB, Chongqing will enter into one of the major rail transit equipment production bases of China.
 
The batch supply of special stainless steel from TISCO for passenger car manufacture, has impressed the rail transit business in Chongqing and expanded the market share of TISCO products, and will set up a solid foundation for the later development in the business area.