China Railway Signal & Communication (SHA:688009, HKG:3969) and its subsidiary, CASCO Signal, were recognized in two new innovation platforms, according to a Hong Kong Stock Exchange disclosure on April 11.
The Chinese train control systems manufacturer was recognized as the Beijing Key Laboratory for Intelligent Low-Altitude Airspace Management, and CASCO Signal was recognized as the Sixth-Batch Industrial Technology Foundation Public Service Platform under the Ministry of Industry and Information Technology.
The recognition is expected to boost the company's brand influence and development, the disclosure said.
The company's Hong Kong shares rose over 1% in recent trade.
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