CRRC

Last updated
CRRC Corporation Ltd.
中国中车股份有限公司
Company type State-owned enterprise; public company
SSE: 601766 (A share)
SEHK:  1766 (H share)
IndustryManufacturing
Predecessor
Founded1 June 2015;8 years ago (1 June 2015) [1]
Founder CRRC Group
Headquarters,
China
Area served
  • China
  • exported worldwide
Key people
Liu Hualong(chairman of the board, party secretary) [2]
Xi Guohua(vice-chairman, deputy party secretary, president) [2] [3]
Sun Yongcai(executive director, vice-president) [3] [4]
Xu Zongxiang(executive director) [4]

Wan Jun(chairman of the supervisory board, deputy party secretary)
Zhan Yanjing(CFO & vice-president)
Wang Jun(vice-president)
Lou Qiliang(vice-president)
Yu Weiping(vice-president) [5]
Products
RevenueIncrease2.svg CN¥214.521  billion  (2018)
46,062,360,000 renminbi (2018)  OOjs UI icon edit-ltr-progressive.svg
Increase2.svg CN¥012.998 billion (2018)
Total assets Decrease2.svg CN¥357,523 billion (2018)
Total equity Increase2.svg CN¥149.684 billion (2018)
Owner
CRRC Group (55.91%) [3] :85
CSF (02.87%) [3] :83
Central Huijin (01.12%) [3] :83
general public(40.10%)
Number of employees
183,061 (2016 [3] :60)
Parent CRRC Group
Chinese name
Simplified Chinese 中国中车股份有限公司
Traditional Chinese 中國中車股份有限公司
CRRC Sifang America
Company typeSubsidiary
Industry Rolling Stock
Founded2019;5 years ago (2019)
Headquarters Chicago, Illinois
Area served
Worldwide
Products CTA 7000-series
Revenue US$$21.4 million (20??)
46,062,360,000 renminbi (2018)  OOjs UI icon edit-ltr-progressive.svg
12,998,507,000 renminbi (2018)  OOjs UI icon edit-ltr-progressive.svg
Total assets 357,523,050,000 renminbi (2018)  OOjs UI icon edit-ltr-progressive.svg
Number of employees
200
Parent CRRC
Website www.crrcsifangamerica.com

Subsidiaries

Other investments

On 8 January 2016 CRRC Corporation purchased 13.06% stake of China United Insurance Holding (Chinese :中华保险) from China Insurance Security Fund for CN¥4.455 billion. [52] It also joint-owned Zhuzhou Times New Material Technology with parent company CRRC Group.

In November 2016 the company (via CRRC Zhuzhou Locomotive) confirmed plans to buy Škoda Transportation based in the Czech Republic. [53] [54] The deal eventually did not go through.

On 1st March 2024, CRRC 40% with Grupo Comporte 60% entered at Trens Intercidades Proposal with the possibility to deliver 22 inter-city trains, to be used from Luz Station to Campinas since supposidelly 2030. [55]

See also

Notes

  1. Subsidiary of Zhuzhou CRRC Times Electric

Related Research Articles

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CRRC Changchun Railway Vehicles Co., Ltd. is a Chinese rolling stock manufacturer and a division of the CRRC. While the CRV emerged in 2002, the company's roots date back to the establishment of the Changchun Car Company in 1954. The company became a division of CNR Corporation before its merger with CSR to form the present CRRC. It has produced a variety of rolling stock for customers in China and abroad, including locomotives, passenger cars, multiple units, rapid transit and light rail vehicles. It has established technology transfer partnerships with several foreign railcar manufacturers, including Bombardier Transportation, Alstom, and Siemens Mobility.

<span class="mw-page-title-main">CRRC Zhuzhou Locomotive</span> Company in China

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CRRC Tangshan Co., Ltd., is a manufacturer of rolling stock located in Tangshan, Hebei province, People's Republic of China. While Datong built mainline steam locomotives until 1988, Tangshan built steam for industrial use until 1999, becoming the last works in the world to build steam for non-tourist use.

China Railway High-speed (CRH) is a high-speed rail service operated by China Railway.

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CRRC Chengdu Co., Ltd., is a railway rolling stock manufacturing company, a subsidiary of CRRC, which is located in Chengdu, Sichuan China, established in 1952, as Chengdu Locomotive & Rolling Stock Plant. In 2007 the company was affiliated in CSR, and renamed CSR Chengdu Locomotive & Rolling Stock Co. Ltd.. In 2015, as of the merger of CSR and CNR, CRRC was established, the company was renamed.

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China Northern Locomotive & Rolling Stock Industry (Group) Corporation commonly known as CNR Group was a Chinese locomotive and rolling stock manufacturer, and later holding company of China CNR.

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