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According to China Securities Network (Author: Wen Ting), the star roster including the Chairman, Chief Financial Officer and Secretary of Board, together with the two core technicians as Deputy General Managers are present at 2019 online performance presentation of TCT. In addition to performance check of 2019, the top-performing executives also responded to the orders in hand, the impact of the epidemic and the online sensation "Magic Window" project. The presentation is half an hour longer than expected, which made investors satisfying.

In 2019, TCT realized operation revenue of RMB 1.652 billion, a year-on-year increase of 42.09%; the net profit attributable to the shareholders of the listed company was RMB 127 million, a year-on-year increase of 91.72%. In the current period, the company won the bid for 9 new lines (including reconstructed lines) and made push into 6 new cities, ranking first in market share for two consecutive years.

Qin Hongquan, Chief Financial Officer of TCT, explained the orders in hand. He said that the newly signed orders for the general contracting of TCT signaling system values about RMB 3 billion; retail and maintenance services values about RMB 330 million; orders in hand values about RMB 5.7 billion.

In the face of the sudden epidemic, the staff realizes telecommuting through the office system, and the R&D and tests are also carried out through the cloud platform. At present, the rate of return to work is high.

"Generally speaking, the epidemic has less impact on the company." Gao Chunhai, the Chairman and General Manager of TCT, said that in terms of project progress, the project shows the seasonal feature of slow progress in the first half of the year, especially in the first quarter, due to the impact of the subway construction quarterly arrangement and industry practices. Recently, return to work has been realized successively everywhere, even the project department in Wuhan has also gradually resumed work in accordance with relevant policies.

In terms of supply chain procurement, we have made advance procurement and safety stock. At present, the delivery progress will not be affected. The supplier’s progress is as scheduled, but logistics will be slower due to the epidemic.

TCT has been deeply involved in the field of urban rail transit signaling system for many years. Recently, it has accidentally become an "online sensation" as a result of participation in the "Magic Window" project of Beijing Metro Line 6. For this, Gao Chunhai responded: "it fully verifies that 5G+AICDE (artificial intelligence, Internet of things, cloud platform, big data and edge computing) has great potential in the field of rail transit in the future."

In the compartment of Beijing Metro Line 6, an ordinary window was upgraded to a transparent screen. After the train departs, the screen will display the arrival information and network diagram, and also show the three-dimensional schematic diagram of the station before arriving, where the location of service facilities such as exits, elevators and toilets can be seen at a glance. In addition, the train can also realize "Networking", to perform train level information transmission through wireless ad-hoc network.

Gao Chunhai said that the future rail transit will gradually transform the concerns from equipment to people. "Magic Window" is just a case. "From the view of this project, the information technology and applications really considered for passengers must be recognized."

In March this year, China Association of Metros issued the Outline for Smart Urban Rail Development of China's Urban Rail Transit, which clearly proposed to "promote urban rail informatization, develop intelligent systems and build smart urban rail". The new infrastructure also emphasizes applying new technologies to urban rail transit. Gao Chunhai believes that the investment in the industry is increasing, which will bring new opportunities to TCT.