“Design and Industralization of Automatic Fare Collection (AFC) System for Railway Traffic” of the Company was included in the National Torch Plan Projects a few days ago. The Company applies successfully for the national torch project again, it indicates that the company is in the leading position among the same industries in the field of AFC. Torch Plan is a guidance plan for developing new hi-tech industry in China. It’s organizied and implemented by the Minstry of Science and Technology of the PRC. Its tenet is that implementing the strategy of developing the the country by relying on science and education, making use of the Chinese advantage and potenial in science and technology, market-oriented, promoting the commercialization of new hi-tech achievements, industralization of new hi-tech commodities and intenationlization of new hi-tech industries. Aumatic Fare Collection (AFC) system is one of the important parts of metro project. It’s invloved with the new high technologies such as network communication, mechatronics, information processing and modern management. Based on the experiments for many years, the Company mastered the key technology of automatic fare collection system for railway traffic, took part in compilibng the standards of “Specification s for Automatic Fare Collection System for Urban Railway Traffic” under the Ministry of Cinstruction of the PRC, possesses patents and software products, is to be in leasing positio in Chinese same industries in the technical level.