October 30, 2024，Sichuan Development Maglev Technology Co., Ltd.（Hereinafter referred to as“Chuanfa Maglev”）With Max·Borg International Europe Ltd.（Hereinafter“Borg Company”），A memorandum of understanding on deepening cooperation was signed in Munich, Germany.，Member of Sichuan SASAC Party Committee、Deputy Director Zhang Min，Lin Ting, President of the Engineering Consulting Institute of the Provincial Development and Reform Commission，Zhao Min, Secretary of Party Committee of Provincial Science and Technology Department，Development of Sichuan（Holding）Deputy Secretary of the Party Committee of the Limited Liability Company、Director Yang Fulin，Steffan, Chairman of Borg Corporation.Borg attended the signing ceremony.。

Under the witness of the leaders attending the meeting，Deputy Secretary of the General Party Branch of Chuanfa Maglev、General Manager Jiang Xuejiao and Borg CompanyTSBBelter, the business director·Zamzo signed a memorandum of understanding on deepening cooperation on behalf of both sides.。The signing of the contract implemented a series of agreements on deepening cooperation signed by Chuanfa Maglev and Borg Company in July this year.，Clarified the technical cooperation between the two sides、Cooperation content and communication mechanism in the promotion of commercial projects。Next step，Both sides will give full play to their respective advantages.，Continuous new technology development and update iteration，Maintain the leading position of embedded maglev transportation system technology in the world；Focus on the needs of commercial projects，Continuously optimize and improve the service functions of the embedded maglev transportation system，Jointly address project management、Construction method、Cost、Key issues such as operation and maintenance，Quickly realize the implementation of the world's first embedded medium and low speed maglev system commercialization project。

Member of Sichuan SASAC Party Committee、Deputy director Zhang Min said.，China and Germany are all-round strategic partners.，Sichuan and Bavaria are also friendly provinces and States.。At present，Sichuan is insisting on taking Chinese-style modernization as the guide.，Comprehensively Promoting the Modernization Construction of Sichuan in the New Era and New Journey，Especially for accelerating the development of new quality productive forces.、Construct a modern industrial system、Promote the integration of urban and rural development and make systematic deployment.，In the future, Sichuan enterprises and German enterprises will be in rail transit.、There is huge room for cooperation in clean energy and other fields.。The successful signing of the Memorandum of Understanding on Deepening Cooperation between Chuanfa Maglev and Borg Company，It provides a good cooperation environment for both sides to accelerate the landing of the world's first commercial line of embedded medium and low speed maglev transportation system.。We hope that the two sides will cooperate sincerely in the future.、Mutual benefit and reciprocity、Earnestly implement the Memorandum of Understanding on Deepening Cooperation，Make every effort to promote cooperation。The provincial SASAC is planning at the top level.、Industrial policy、We will continue to provide guidance and support in application scenarios.，For the early realization of this“The Belt and Road”China-Germany Cooperation Demonstration Project Landing Platform、Provide security。