Bullet Train Rear End &Nbsp; High Speed Rail Will Be Strong Earthquake.

After the Wenzhou motor vehicle rear end collision accident, yesterday's top two high-speed rail related safety equipment providers, 300150.SZ and 002296.SZ, respectively, executives told the first financial daily that the accident had nothing to do with their company's products.

Although the listed companies have quickly removed the relevant relationship, the industry believes that today's High iron plate The block will inevitably be suppressed, and whether the accident will lead to a reduction in investment in high-speed rail and further impact on the performance of listed companies is a more noteworthy long-term impact.

Listed companies' "clearing up" relationship

"This is not the function of our products. Our products are on the ground along the railway line. The problem is the train system." On the afternoon of July 24th, Zhu Jiangbin, a manager of the century's rier, said in a telephone interview with reporters.

Zhu Jiangbin told reporters that this matter has nothing to do with the Real Company products of the century. He said that at present, there are about dozens of products involved in railway safety system, but all kinds of products run their respective functions. Century Riel is a safety system along the railway, not on the train.

"That route is run by our products, but we initially judged that the accident had nothing to do with our products." Brilliant technology chairman Li Haiying also told the reporter on the phone. Li Haiying also said that the final explanation for the accident was the decision of the railway department. The company's announcement is based on the company's announcement today.

It is reported that the railway traffic safety monitoring system mainly includes nine sub disciplines, including integrated monitoring platform, disaster prevention and safety monitoring, integrated video surveillance, communication monitoring, vehicle "5T" and public works monitoring.

Century Riel was founded in 1999, mainly engaged in the development of railway integrated monitoring system platform, railway communication monitoring system, railway integrated video surveillance system, railway disaster prevention and safety monitoring system and other four professional products development, sales and services.

The main product of brilliant technology is the railway signal centralized monitoring system. In 2010, the product revenue increased by 27%, accounting for 72% of the main revenue. The system is the core application product of railway communication signals.

According to the Research Report of China Merchants Securities analyst, the wireless shunting cab signal and monitoring system of brilliant technology is an important monitoring device to prevent the shunting accident. The other products of the company, all the data collected by the railway signal microcomputer monitoring system, play a similar role as "black box".

The high speed rail will be suppressed.

Investors are rational and irrational. Regardless of whether the accident is related to the high-speed rail listed companies, the share price of the listed companies of the high-speed rail sector will be sold by investors today, triggering a fall in share prices. " An institutional investor in Beijing told reporters yesterday.

Earlier, because of the high level turbulence of the Ministry of Railways and the frequent occurrence of Beijing-Shanghai high-speed railway accidents, the share price of the high-speed rail listed companies declined all the way. Some of the companies have just stood firm and rebounded, and now they are in Wenzhou again. Motor car The rear end accident can be described as a house leak.

"Motor vehicle rear end, this is an event, which has a short-term impact on the share price of listed companies. As an analyst, we are still concerned about its performance, long-term things, but I am worried that this incident will lead to a reduction in investment in high-speed rail and further impact on the performance of listed companies." In July 24th, a mechanical analyst of a large brokerage firm in Beijing said to the first Financial Daily reporter.

At the Seventh World high-speed railway conference held last year, the relevant regulators clearly pointed out that China has taken the high-speed railway as a strategic emerging industry with priority development.

According to the medium and long term road network planning, China's high-speed railway construction will maintain large-scale investment in the next five years, and the investment will be maintained at around 700 billion yuan per year, totaling about 3 trillion and 500 billion yuan. {page_break}

The agency said that when investors faced big accidents, the first consideration was risk avoidance. When the matter subsided, the share price might rebound, but it depends on the policy of the Ministry of Railways on high-speed rail. In this case, the aviation sector may benefit in the short term.

Haitong Securities analyst also believes that for a long time, aviation has been affected by the diversion of high-speed rail, but at present, the public doubts about the safety nature of the high-speed rail gradually, and the balance is tilted to the air again. By redistributing the capacity and price reduction of Beijing Shanghai and other routes, airlines still maintain a high level of passenger traffic on the Beijing Shanghai line, and the overall transport capacity has not declined. This has also supported the aviation unit fundamentally. rebound 。

　 Another company involved?

A domestic stock website said that the automatic train control system in the signal system can be called "the central nervous system of high-speed rail operation". The two trains D301 and D3115 used in this accident adopt CTCS-2 train automatic control system.

At present, the train control system CTCS-2 and CTCS-3 jointly manufactured by Hitachi and Japan is a train control system that is used by all high-speed railways in China. The industry believes that if the accident is indeed the train in the signal system. automatic If there is a problem in the control system, it will be affected in the United States.

The reporter reviewed the product of the Department of rail traffic automation, which is mainly composed of LKD1-H2 station control center system, transponder ground electronic unit, CTCS2-200H vehicle train control system, ZPW-2000H multimode track circuit system, HTFH-SI type electronic anti-skid device, dispatching centralization and supervision system DSS, two take two times two computer interlocking system, three take two station computer interlocking system, and microcomputer monitoring system RSS..

It can be seen from its official website that the company does produce CTCS2-200H vehicle train control system, but because the company is not listed in China, the reporter can not verify whether it is the automatic control system used in the two trains of D301 and D3115 in this accident.