8月22日，唐源电气发布公告，公司与越南交通运输大学、越南合力建设股份公司在越南签署了《全面战略合作协议》。协议显示，在越南境内，唐源电气 将作为UTC和合力建设在铁路领域的优先战略合作伙伴，合作方向包括三方将在城市轨道交通、高速铁路等在内的铁路产业领域开展"企业-高校-科研院 所"之间的交流合作等内容。 上证报中国证券网讯（记者 刘春燕）8月22日，唐源电气发布公告，公司与越南交通运输大学（下称"UTC"）、越南合力建设股份公司（下称"合力建设"） 在越南签署了《全面战略合作协议》（下称"协议"）。协议显示，在越南境内，唐源电气将作为UTC和合力建设在铁路领域的优先战略合作伙伴，合作方向 包括三方将在城市轨道交通、高速铁路等在内的铁路产业领域开展"企业-高校-科研院所"之间的交流合作等内容。 智能垂类应用大模型、新材料、智能工厂、智能应急等新兴领域的合作；共享各方共同关注的技术成果、行业趋势及专业活动信息；维持不定期互访与沟 通，不断深化各方合作。 据介绍，UTC是一所总部位于越南河内的理工科大学，在胡志明市设有分校，学校现有在校生约27000人，开设近40个专业，重点学科包括交通工程、铁路 运输、土木工程 ...

Core Viewpoint - Tangyuan Electric (300789) is establishing a joint venture, Chengdu Xijiao Zhixing Technology Co., Ltd., with Southwest Jiaotong University to focus on AI edge computing and algorithm services in the smart transportation sector [2][3]. Group 1: Joint Venture Details - The registered capital of the joint venture is 5 million yuan, with Tangyuan Electric contributing 3 million yuan in cash and intellectual property, holding a 60% stake [2]. - The intellectual property includes three patents related to vehicle operation status recognition based on trajectory data [2]. - The collaboration aims to leverage the strengths of both parties in technology innovation and product transformation, focusing on AI edge computing and smart transportation solutions [3]. Group 2: Key Personnel - Professor Liu, a key partner, is the Dean of the School of Transportation and Logistics at Southwest Jiaotong University and has extensive experience in digital control technology and smart logistics [3]. - Dr. Qu Hezhou, a lecturer at the same university, specializes in urban public transportation planning and intelligent transportation systems [3]. Group 3: Strategic Goals - Tangyuan Electric's core operational goal is to lead with AI technology, expand across multiple industry scenarios, and enhance its presence in the Belt and Road Initiative [4]. - The company plans to raise up to 864 million yuan through a private placement to fund projects in robot research and AI model commercialization [4].

Market Expansion and Strategy - The company is actively expanding its overseas business, targeting markets in Pakistan, Ethiopia, Egypt, Nigeria, Argentina, Colombia, and Mexico, in line with the "Belt and Road" initiative [3] - The overseas market is expected to become a key growth area for the company [3] Mergers and Acquisitions - The company plans to leverage its strong research capabilities and technology transfer efficiency through various investment and acquisition methods, including controlling, participating, and joint ventures [3] - The strategy focuses on deepening the industrialization of research outcomes from higher education institutions and expanding both horizontal and vertical business lines [3] Product Development and Innovation - The company has made significant breakthroughs in its smart platform door business, including the first set of new-style smart platform doors designed for complex environments [4][5] - The fifth-generation products are continuously iterated, enhancing the product series and addressing existing platform upgrades [5] - The company has developed 12 patent technologies through its research projects, pushing industry standards towards greater intelligence and adaptability [6] Market Opportunities - The demand for intelligent maintenance robots in the rail transit sector is growing due to the rapid expansion of rail transit operations and the associated operational challenges [7][8] - The potential market for inspection robots in urban rail and national rail is substantial, with projected needs of 300, 601, and 901 units based on varying penetration rates [8] Competitive Advantages - The company has established a strong foundation in key technologies such as machine vision, robotics control, and artificial intelligence, supported by a well-equipped research infrastructure [10][11] - A mature technical team with extensive experience in rail transit operations enhances the company's ability to meet market demands [11] - The company has built a rich customer base, including major railway groups and local railway companies, which supports the industrialization of its products [12][13]

Group 1: Company Overview and Event Details - Chengdu Tangyuan Electric Co., Ltd. held the 2024 performance briefing on May 15, 2025, using a "live + online text interaction" format to engage all investors [2][3]. - The meeting was attended by key personnel including Chairman Chen Tanglong and several independent directors [2]. Group 2: Market Context and Investment Necessity - The rail transit industry is entering a phase of simultaneous construction and operation, with significant growth in railway and urban rail transit mileage, leading to increased demand for maintenance [3]. - The company aims to raise up to CNY 864.14 million (approximately USD 12.5 million) through a private placement to fund the development of intelligent maintenance robots and AI models for rail transit [4]. Group 3: Project Goals and Product Development - The "Intelligent Maintenance Robot R&D and Industrialization Project" will focus on developing various robots for tasks such as comprehensive inspection of contact networks and tunnel flaw detection [6]. - The AI model project aims to create a predictive maintenance system and enhance operational efficiency through advanced data analytics [7]. Group 4: Technical Capabilities and Market Readiness - The company has established a strong technical foundation with 192 patents and 241 software copyrights, positioning itself well for the upcoming projects [10][11]. - Existing products have already been deployed in various rail projects, indicating a solid market foundation for the new offerings [9]. Group 5: Future Outlook and Strategic Initiatives - The company is committed to innovation and expanding its market presence, including plans to explore overseas opportunities in line with national policies [19]. - The intelligent maintenance robot project is expected to have a three-year construction period, with significant market potential anticipated upon completion [9].