China Railway Tunneling Equipment Co., Ltd. was formally founded. The opening ceremony of China Railway Tunneling Equipment Co., Ltd. was successfully held in Zhongyou Garden Hotel, Zhengdong New District, Zhengzhou on December 23.  Li Jianbin, vice general manager of China Railway Tunnel Group, board chairman of China Railway Tunneling Equipment Co., Ltd. and CPC Party Secretary chaired the ceremony.
 

Duan Xiubin, vice president of China Railway Group Limited declared that China Railway Tunneling Equipment Co., Ltd. was formally founded. Han Yali, general manager of China Railway Tunneling Equipment Co., Ltd. reported TBM R&D progress, orientation of the new company, development planning, the prospects of TBM market, etc. Zhao Jiancai, Mayor of Zhengzhou City, extended his congratulations for China Railway Tunneling Equipment Co., Ltd. to be seated in Zhengzhou, and declared that the government would give substantial support and help in development of TBM industry according to the requirements of the strategic cooperation framework agreement signed by and between Henan Province and China Railway Group Limited. He hoped that Railway Tunneling Equipment Co., Ltd. could closely rely on national "863" projects, give full play to the professional design and manufacturing advantages, enhance the level of professional services, strive to improve the competitiveness of Henan TBM in the tunnel and underground engineering market, actively occupy the domestic market, and step to the international market, and forge Henan TBM into a highlight and brand product of equipment manufacturing industry in Henan Province, and further promote the equipment manufacturing industry in Henan to make another contribution to realization of the rise of the Central Plains.