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Press release from Marketwire

Bombardier Announces Strategic Partnership With Shanghai Shentong Metro Group

- Strategic alliance acknowledges long standing cooperation between Shentong and Bombardier - Joint venture combines partner's capabilities to deliver China's most advanced repair and overhaul centre for metros

Friday, December 07, 2012

Bombardier Announces Strategic Partnership With Shanghai Shentong Metro Group03:39 EST Friday, December 07, 2012BERLIN, GERMANY--(Marketwire - Dec. 7, 2012) - Bombardier Transportation and Shanghai Shentong Metro Group Co., Ltd today announced the formation of a joint venture company, Shentong Bombardier (Shanghai) Rail Transit Vehicle Maintenance Company Ltd. The joint venture will focus on the repair and maintenance of urban mass transit vehicles in China, offering customers the services of daily maintenance, intermediate repairs, overhauls, refurbishment and technical consultation.The new company leverages the respective partners' competencies in terms of technologies, equipment and businesses to deliver high quality, reliable trains that are safe to operate. It will harness Bombardier's global capability in providing whole life services for metros in which its state-of-the-art technologies will reduce down times and extend the life of the Chinese operator's fleets.Jianwei Zhang, President of Bombardier China, said: "This joint venture for metro cars maintenance marks a new milestone for Bombardier Transportation business in China. Through its participation in a number of railway projects in China, by successfully providing rail vehicles, signalling, propulsion, locomotives, light rail transit and automated people movers, Bombardier has earned an excellent reputation and has gained a great understanding of the specific needs of the Chinese rail market."Laurent Troger, President Services, Bombardier Transportation, said: "Today's announcement underlines our long standing relationship with Shanghai Shentong. Bombardier looks forward to a mutually beneficial partnership that will provide world class services to our customers in China. We are committed to making this collaboration a great success as part of Bombardier's overall strategy of working in partnership to develop China's rapidly expanding rail network."The synergy generated from this strategic partnership will deliver a new level of after-market service and support in the region. Both parties are committed to a long-term relationship to enhance train performance while ensuring greater revenues for the customers though lower operating costs.Bombardier Transportation's Services division provides the skills and expertise to deliver efficient, competitive and sustainable rail operations globally. It helps its customers minimize operational costs and maximize revenue generation over their assets' whole lifetime, while ensuring the highest levels of passenger safety, dependability and comfort.Reliability, availability, maintainability and safety are the guiding principles for Bombardier in providing service-friendly systems and trains. It offers services and support to fit each customer's exact requirements, including complete maintenance services, full train maintenance, materials and logistics programs, refurbishment, re-engineering and overhaul of vehicles and components.About Bombardier Transportation in ChinaAs the world's largest rail equipment manufacturer, Bombardier Transportation is actively involved in China's development of urban mass transit and advanced railway networks. With three joint ventures and seven Wholly Foreign Owned Enterprises (WFOE), Bombardier currently employs more than 4,000 people in China. It has offices located in Beijing, Shanghai, Guangzhou and Hong Kong.Bombardier Transportation offers the broadest portfolio in the rail industry and delivers innovative products and services that set new standards in sustainable mobility. Headquartered in Berlin, Germany, Bombardier Transportation has a very diverse customer base with products or services in more than 60 countries. It has an installed base of over 100,000 vehicles worldwide.About BombardierBombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America indexes. In the fiscal year ended December 31, 2011, we posted revenues of $18.3 billion USD. News and information are available at bombardier.com or follow us on Twitter @Bombardier.Note to EditorsFor news releases, related material and photos, visit our media centre at www.bombardier.com/en/transportation/media-centre. Follow Bombardier Transportation on Twitter @BombardierRail.BOMBARDIER is a trademark of Bombardier Inc. or its subsidiaries.FOR INFORMATIONAustralia and New Zealand: +61 3 9794 2223John Ince, john.ince@au.transport.bombardier.comBenelux, Middle East and North Africa: +49 30 98607 1141Janet Olthof, janet.olthof@de.transport.bombardier.comCanada:+1 450 441 3007Marc Laforge, marc.laforge@ca.transport.bombardier.comChina: +86 10 8517 2268Flora Long, flora.long@cn.transport.bombardier.comFrance: +33 6 07 78 95 38Anne Froger, anne.froger@fr.transport.bombardier.comGermany, Austria, Switzerland, Central and Eastern Europe: +49 30 98607 1134Immo von Fallois, immo.von_fallois@de.transport.bombardier.comIndia: +91 7 838 660 093Harsh Mehta, harsh.mehta@in.transport.bombardier.comMexico: +52 55 5093 7714Paulina Ortega, paulina.ortega@mx.transport.bombardier.comNordic and Baltic Countries: +46 10 852 5213Pär Isaksson, paer.isaksson@se.transport.bombardier.comSouth East Asia: +65 6478 6235Evon Lam, evon.lam@sg.transport.bombardier.comSouthern Africa: +49 30 98607 1147Sandy Roth, sandy.roth@de.transport.bombardier.comSouthern Europe and South America: +35 1 919 693 728Luis Ramos, luis.ramos@pt.transport.bombardier.comUK and Ireland: +44 7785 450 065Stephen Bethel, stephen.bethel@uk.transport.bombardier.comUSA: +1 450 441 3007Maryanne Roberts, maryanne.roberts@us.transport.bombardier.comFOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: Bombardier Transportationwww.theclimateisrightfortrains.com