The 8th China Enterprise Reform and Development Summit & Achievement Release Conference was recently held in Beijing. CASCO stood out among 726 nationwide entries with its innovative practice in "Digital Transformation of Rail Transit Signaling Enterprise Operation Management," winning 2024 First Prize for Outstanding Achievements in China's Enterprise Reform and Development. Hosted by China Enterprise Reform and Development Society, the selected achievements will be included in the annual authoritative report Blue Paper on China's Enterprise Reform and Development 2024, showcasing benchmark forces in enterprise reform and innovation in the new era.

The 8th China Enterprise Reform and Development Outstanding Achievement Evaluation received 726 entries from enterprises of various types, research institutions, universities, and social organizations, characterized by high participation, broad coverage, in-depth research, and vivid practical cases. After a rigorous, fair, and impartial evaluation process, 5 special prizes, 44 first prizes, 62 second prizes, and 67 third prizes were awarded. These achievements will be compiled in Outstanding Achievements in China's Enterprise Reform and Development 2024 (8th Edition) and the annual Blue Paper on China's Enterprise Reform and Development 2024.

Over the past decade, CASCO has actively pursued digitalization by leveraging advanced technologies such as big data, cloud computing, IoT, mobile internet, and AI, alongside management frameworks like digital governance, organizational mechanism, and integrated management system. This has enabled the creation of a standardized, efficient, safe, and intelligent digital collaboration platform for enterprise operation management.

Supported by this platform, CASCO has achieved dual breakthroughs in operational efficiency and cost reduction. With no increase in staffing, both per capita sales and profits have significantly improved. Project delivery timeliness and quality have been continuously enhanced, with customer satisfaction scores exceeding 98% for three consecutive years, which further solidifies its market reputation.

The spillover effects of digital transformation have also emerged. Through the digital platform, CASCO has empowered upstream and downstream partners, optimized resource allocation and fostered industrial synergy, contributing to a healthier ecosystem and driving collective progress in the rail transit sector.

This award highlights CASCO's exemplary role in integrating innovative management concepts with technological practices. As digital transformation deepens, CASCO will continue exploring technological innovation and business upgrading to enhance core competitiveness and contribute to high-quality development in the rail transit industry.