At the beginning of the Year of the Rabbit, Panda Information made great efforts in the field of rail transit and won the bid for two urban rail transit automatic fare collection system (AFC) projects in Nanjing and Zhengzhou, with a total winning amount of more than 220 million yuan. The project of "My Nanjing" APP connected to the mobile payment platform of Nanjing Metro was officially launched.

The AFC project of Nanjing Metro Line 6 consists of two parts: the AFC and the Nanjing Metropolitan Area Smart Ticketing Platform (ACC Phase II). The project is planned to be put into operation in December 2024. The project will adopt emerging technologies such as cloud computing, AI, quantum communication, digital twins and blockchain. At the same time, the project will carry the domestic Galaxy Kirin OS to realize the first application of Galaxy Kirin OS in the field of AFC system in Jiangsu.

The AFC project of Zhengzhou Rail Transit Line 7 Phase I is the first AFC system project undertaken by Panda Information in Henan Province. It is another good achievement in expanding the rail transit business in key cities.

The project of "My Nanjing" APP accessing the Nanjing Metro mobile payment platform was officially launched. The APP adds functions such as scanning code, passing through the gate and taking the train, and querying station operation information. After accessing Alipay, UnionPay Quick Pass and other APPs, the Panda mobile payment platform provides more travel payment options for "My Nanjing" registered users. At present, the mobile payment platform has provided more than 40 million registered users with metro scanning and passing through the train, with an average of 1.5 million active users per day.