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ABB, the world's leading power and automation technology group, announced in Guangzhou recently that Guangzhou ABB Microlink Traction Equipment Co., Ltd., a joint venture with Beijing Jiaoda University Microelectronics Technology Co., Ltd., a subsidiary of the China Automation Group, has officially opened. This is the latest production base of ABB's rail transit traction system in China. The new company will focus on providing the leading metro and urban light rail traction equipment solutions for the Chinese market and covering all aspects of professional support including R&D, manufacturing and engineering services.