On August 12th, Gelunhui reported that Silvery Dragon Prestressed Materials (603969.SH) stated on the Q&A platform that the company's holding subsidiary, the Carbon-based Research Institute, is committed to collaborating with related units to promote research and development work on high-speed rail powder alloy brake systems with a speed of 300-350 kilometers per hour, and there is no cooperative relationship with Huawei.
银龙股份(603969.SH)：控股子公司与相关单位合作推进时速300-350公里高铁粉末合金制动系统研究开发工作
Silvery Dragon Prestressed Materials (603969.SH): Its holding subsidiary is collaborating with relevant institutions to promote the research and development of powder alloy braking system for high-speed rail with a speed of 300-350 kilometers per hour.
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