Beijing Metro Vehicle Equipment Co., Ltd. (referred to as Jingche Company) is a limited liability company co-owned by Beijing Binhua Transportation Equipment Co., Ltd. and Beijing Municipal Subway Operation Co., Ltd., and is an important subsidiary under the Beijing SASAC. It mainly engages in the design, manufacture, and maintenance of urban rail transit vehicles, equipment, parts, track inspection vehicles, subway advertising lightboxes, regenerative braking energy absorption devices, steel structure products, with registered capital of RMB 1,298,844,100. The company has the capability for technological development, consultation, training, and services related to urban rail transit vehicles. Currently, the company has more than 1,300 employees, including over 200 research and development and technical personnel. The company occupies an area of 230,000 square meters. It has carbon steel and stainless steel body production lines for urban track vehicles and bogie welding and assembly production lines. The company has developed and applied an advanced CAD/CAE/PDM/CAPP integrated information technology research and development platform, along with more than ten types of specialized processing, manufacturing, equipment, process equipment, testing, inspection, and experimental facilities totaling over 2,500 units. The company also owns a dedicated static and dynamic test line that is 1.3 kilometers long and is equipped with a signal control system, meeting the routine test requirements before the urban rail vehicles leave the factory. Beijing Metro Vehicle Equipment Co., Ltd. adheres to the development characteristics and advantages of providing service to ensure safe operation, balancing repair and manufacture, complementing each other, pursuing technological innovation to develop domestically produced vehicle equipment brands, and implementing a product development strategy focusing on safety, reliability, high quality, and low cost. The company aims to achieve "focusing on Beijing, radiating to surrounding areas, serving the entire country, and going global," building a leading repair base and a first-class manufacturing base domestically.