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Yingchuang Technique participates in America super high speed rail: provide 3D printing technology to exchange equity

In Yasha stock’s 2015 annual report, the company bought Yingchuang building technique (Shanghai) Co.,Ltd. 21% stake in September 2, 2014 and has 26% stake of Yingchuang after complete value-added. Yingchuang Building Technique (Shanghai) Co.,Ltd mainly specializes in the production of building components.

Earlier, Bibop Gresta, the co-founder of HTT, said in an interview that they were discussing plans to build hyperloop with several cities in China. The document, disclosed today by Yasha stock, does not mention whether the project landed in China. At the same time, the early financing of HTT comes from Chinese capital, and the team also has Chinese leadership positions.

In an interview with thepaper.cn earlier, HTT co-founder Bibop Gresta said they were discussing plans to build a superhigh-speed rail link with several Chinese cities. But the document, released today, did not mention whether the project was in China. At the same time, HTT's early financing included Chinese capital and Chinese leaders on the team.

Hyperloop one, HTT's rival, is also keen to work with China. George O 'neal, a vice President at Hyperloop One, a us Hyperloop company, told thepaper.cn that four Chinese companies are now hoping to partner with the company to bring Hyperloop to China.

Currently, HTT plans to build a full-scale test track prototype in California in 2016. Hyperloop one said it plans to build its first freight line in the United States by 2020, and its commercial freight line at the port of dubai is in the planning stages. On May 11, the Hyperloop One was the first to test a super high-speed rail thruster in the Nevada desert: speeding a sleigh to 640 kilometers per hour on a set track.


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