Recently, Cylon Electric Industry Group Co., Ltd. (“Cylon Group”) successfully won the bid for the electrical supporting busduct project of the Jiangsu First Industrial Design Research Institute. Mr. Xu from Cylon Group held on-site business discussions and coordination meetings with the project representatives.

It is understood that the Jiangsu First Industrial Design Research Institute, formerly known as the Shanghai Coal Mine Research Institute, founded in 1953, underwent a comprehensive restructuring in December 2004 and was listed on the New Third Board in 2020 (Stock Code: 873438). It is a comprehensive design unit possessing various qualifications, including Grade A design in the construction industry (construction engineering), Grade A design in the coal specialty (mines and coal preparation plants), Grade A engineering consulting credit evaluation, general engineering contracting qualification, Grade B design in the municipal engineering industry, Grade C design in the water conservancy engineering industry, special equipment design qualification, and non-metallic building materials qualification.

Founded in 1999, Cylon Group has multiple branches and subsidiaries, including the Zhejiang Branch, Northeast Branch, Hubei Branch, Shandong Branch, and Anhui Branch. It is a high-tech enterprise integrating the design, research and development, production, sales, and service of compact busducts. After more than 20 years of development, it has now become one of the domestic electrical manufacturing enterprises with a relatively large scale, a comprehensive product series, and a complete industrial chain.