Kunshan, Jiangsu, China – On July 18, 2025, Luhang Technology had signed a strategic cooperation agreement with Xihangtou (Jiangsu) Industrial Investment Co., Ltd., an investment arm backed by Jiangsu’s state industrial capital.

The 500-million-yuan partnership will fund development, production and sale of intelligent transportation systems – especially railtransit and aviation products – and centers on building a new Smart Rail Transit Industrial Park. 

Officials from the Kunshan High-Tech Zone, along with executives from both companies, attended the ceremony, noting that the agreement advances the region’s high-tech industrial cluster strategy and pledging long-term support as the three- to five-year rollout of intelligent-transport solutions begins.