On the 23rd, the Hunan Magnetic Power System Manufacturing Innovation Center was inaugurated in Zhuzhou. The operational entity of the center is Hunan Guo Magnetic Power Technology Co., Ltd., which was established in 2022 by CRRC Zhuzhou Electric Machine Co., Ltd., CHINA RAREEARTH Group Innovation Technology Co., Ltd., and several other enterprises and Institutions. Over the past two years, the center has initially built a pilot testing platform and inspection platform, creating a full-chain innovation platform that evaluates the industrial system from raw materials, materials, design, processes, and production to magnetic applications, possessing disruptive and transformative magnetic power systems and application technologies that integrate New Materials, new processes, and new Technology. Nie Ziqiang, Chairman of CRRC Zhuzhou Electric Machine Co., Ltd., stated that the advantages of the innovation center platform will be fully utilized to persistently improve commonality in the Industry Chain and forward-looking technological innovation, accelerating the transformation and application of technological achievements.