Formerly | China South Locomotive and Rolling Stock Industry (Group) Corporation | ||||
---|---|---|---|---|---|
Type | state-owned enterprise | ||||
Predecessor | Half of China National Railway Locomotive & Rolling Stock Industry Corporation | ||||
Founded | 2002 | ||||
Founder | Ministry of Railways | ||||
Defunct | 2015 | ||||
Fate | merged with CNR Group | ||||
Successor | CRRC Group | ||||
Headquarters | Beijing , China | ||||
Revenue | ![]() | ||||
![]() | |||||
![]() | |||||
Total assets | ![]() | ||||
Total equity | ![]() | ||||
Owner | Chinese Government (100%) | ||||
Parent | SASAC | ||||
Subsidiaries |
| ||||
Footnotes /references in consolidated financial statement [1] |
CSR Group Corporation | |||||||
---|---|---|---|---|---|---|---|
Simplified Chinese | 中国南车集团公司 | ||||||
Traditional Chinese | 中國南車集團公司 | ||||||
| |||||||
CSR Group | |||||||
Simplified Chinese | 南车集团 | ||||||
Traditional Chinese | 南車集團 | ||||||
| |||||||
China South Locomotive and Rolling Stock Industry (Group) Corporation | |||||||
Simplified Chinese | 中国南方机车车辆工业集团公司 | ||||||
Traditional Chinese | 中國南方機車車輛工業集團公司 | ||||||
|
CSR Group Corporation formerly known as China South Locomotive and Rolling Stock Industry (Group) Corporation (abbreviation:CSRG),was a Chinese locomotive and rolling stock manufacturer. In 2007,the major assets of the group was spin-off and formed CSR Corporation Limited,making the corporation became a holding company only. In 2015 CSR Group was merged with CNR Group to form CRRC Group. [2]
In 1986 the China National Railway Locomotive &Rolling Stock Industry Corporation (LORIC) was formed,comprising 35 production sites and 4 research centres. [3] In 2002 LORIC was separated from the Ministry of Railways and China South Locomotive and Rolling Stock Industry (Group) Corporation (CSRG,Chinese :中国南方机车车辆工业集团公司) was formed. [4] Its main competitor,the China North Locomotive and Rolling Stock Industry (Group) Corporation was formed in the same year . [5] [6]
In 2002 the group manufactured the 270 km/h (170 mph) China Star high speed EMU at the Zhuzhou Electric Locomotive Works.
Since 2003,the group no longer tax-free on property tax and land rent. [7]
Between 2004 and 2007 CSR had ~50% of the internal Chinese market for locomotives and ~80% of the market for multiple units (by volume),as well as a ~50% share in locomotive and wagon refurbishment. In the same period overseas sales accounted for ~7-8% of revenue. [8]
In 2008 most of the assets were floated as China South Locomotive &Rolling Stock Corp.,Ltd. (later known as CSR Corporation Limited),except some auxiliary assets,as well as the shares of South Huiton. [9]
In April 2010 the Chinese name of CSR Group was renamed (Chinese :中国南车集团公司). [10] [11]
CRRC Corporation Limited is a Chinese state-owned and publicly traded rolling stock manufacturer. It is the world's largest rolling stock manufacturer in terms of revenue,eclipsing its major competitors of Alstom and Siemens.
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 Huaneng Group Co.,Ltd.,abbreviated as CHNG or Huaneng Group,is one of the five largest state-owned electricity generation enterprises in China,administered by the State-owned Assets Supervision and Administration Commission of the State Council. It engages in the investment,construction,operation and management of power generation assets and the production and sale of electricity. In 2012,the company was ranked 246th on the Fortune 500 list.
China CNR Corporation Limited (CNR) was a primary manufacturer of locomotives and rolling stock for the Chinese market. The company has also exported to over 80 countries and regions,including Argentina,Australia,Brazil,France,Hong Kong,New Zealand. Saudi Arabia,Taiwan and Turkey.
Nanjing Iron and Steel Group Corp.,Ltd. is a Chinese conglomerate company based in Nanjing,Jiangsu Province,China. It was a state-owned enterprise,but now it is a joint venture of Nanjing Iron and Steel Venture Investment and state-owned enterprise Nanjing New Industrialization Investment Group in a 51–49 ratio. Nanjing Iron and Steel Group formed another joint venture with Fosun International as an intermediate holding company of Nanjing Iron and Steel Company,in a 60–40 ratio. On 31 December 2015 Fosun International appointed Nanjing Iron and Steel Group as a proxy for 1/6 of their voting rights,making the voting rights were equally shared between Nanjing Iron and Steel Group and Fosun International after 31 December 2015.
CRRC Dalian Co.,Ltd.,often abbreviated as DLoco,is a company located in Dalian,Liaoning Province,China,producing railway locomotives,multiple units and diesel engines.
China Everbright Group is a Chinese state-owned enterprise. Everbright Group was a subsidiary of Central Huijin Investment. The Ministry of Finance of China owned the rest of the stake,which Central Huijin acquired on 8 December 2014.
Shanghai Meishan Iron and Steel Co.,Ltd.,known as Meishan Iron and Steel,or Meisteel or Meigang is a second-tier subsidiary of Baowu and a first-tier subsidiary of listed company Baoshan Iron and Steel Co.,Ltd. (Baosteel). The company was based in Nanjing.
Xinjiang Ba Yi Iron and Steel Co.,Ltd. known as Ba Yi Iron &Steel or 8 1 Iron &Steel or August 1 Iron &Steel or BYIS or Bagang or Basteel,is a Chinese steel maker based in Ürümqi,Xinjiang. The company was a second-tier subsidiary of China Baowu Steel Group,via Ba Yi Iron and Steel Group. The rest of the shares of the company float in Shanghai Stock Exchange. Xinjiang government is the minority shareholder of the holding company:Ba Yi Iron and Steel Group.
CRRC Group Corporation,known as CRRC Group,is a Chinese state-owned holding company,direct parent company of CRRC and 32 other subsidiaries;if including second-tier subsidiaries,the holding company is the head of 112 legal entities.
Taiyuan Coal Gasification (Group) Co.,Ltd. is a Chinese state-owned coal mining conglomerate based in Taiyuan,Shanxi. The company was owned by State-owned Assets Supervision and Administration Commission (SASAC) of Shanxi Provincial People's Government. However,Shanxi SASAC granted fellow state-owned enterprise Jincheng Anthracite Mining Group (JAMG) to manage their stake since 2011.
CITIC Trust Co.,Ltd. is a Chinese investment management company,with license to create private equity fund. The company was a subsidiary of CITIC Group. However,after a reverse takeover,CITIC Limited became the parent company for 100% stake.
PKU Healthcare Corp.,Ltd. formerly known as PKU International Healthcare Group Southwest Pharmaceutical Co.,Ltd.,is a Chinese pharmaceutical company. The major shareholder was PKU Healthcare Group,a subsidiary of PKU Founder Group. PKU Founder Group itself is a subsidiary of Peking University,in turn making the listed company a state-owned enterprise by broader definition.
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.
Hexie,also known as the CRH series EMU,is an umbrella term for the multiple unit high-speed and higher-speed trains operated by China Railway under the China Railway High-speed brand. All series of Hexie are based on foreign-developed technology and later manufactured locally in China through technology transfer licenses,with the ultimate goal of China acquiring the know-how and capability to produce high-speed rail trains.
Jiangsu Sainty Corporation Limited is a Chinese listed company based in Nanjing,Jiangsu Province. The company exported clothes to overseas.
Seres Group (赛力斯集团股份有限公司) is a Chinese company founded in September 1986 with headquarters in Chongqing,China. Born as a manufacturer of components for household appliances and shock absorbers,it currently produces cars,motorcycles and commercial vehicles as well as shock absorbers and internal combustion engines. In 2022,the company renamed to Seres Group from Sokon Group.
The Ministry of Astronautics Industry of the People's Republic of China was a ministry of the government of the People's Republic of China which is responsible for the management of research,design and production of rockets,missiles and spacecraft. The ministry was headquartered in Beijing. It existed from 1988 to 1993.