China Railway Harbin Group of Technology Corporation has completed an IPO in the amount of CNY 1.6296 billion.

China Railway Harbin Group of Technology Corp is a China-based company specialized in the provision of rail transit system monitoring and inspection equipment. The Company’s main products include trace hotbox detection system (THDS), image detection system, automatic equipment identification system, BeiDou high-precision positioning equipment and monitoring equipment, retarder, automatic cleaning machine, ice and snow cleaning equipment. The Company is also involved in the provision of professional technical services related to the rail transit system, including operation and, maintenance services, technology research and equipment testing services, and comprehensive solution services. The Company mainly conducts businesses within the domestic market.