Company type | Public |
---|---|
Industry | Transport industry |
Founded | 26 June 2008 |
Founder | CNR Group |
Defunct | 1 June 2015 |
Fate | merged with CSR |
Successor | CRRC |
Headquarters | , China |
Area served | China, exported Worldwide |
Key people | Cui Dianguo (Charmian) |
Products |
|
Owner | CNR Group |
Parent | CNR Group |
China CNR Corporation Limited | |||||||
---|---|---|---|---|---|---|---|
Simplified Chinese | 中国北车股份有限公司 | ||||||
| |||||||
CNR | |||||||
Simplified Chinese | 中国北车 | ||||||
|
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. [1] [2]
In 2008 China CNR was incorporated as the subsidiary of CNR Group (China Northern Locomotive &Rolling Stock Industry (Group) Corporation). [3] China Chengtong Holdings Group and China Huarong Asset Management were minority shareholders. [4] In the same year CNR Dalian's CKD7C were exported to the Republic of Congo.
The company made an IPO of $2bn in 2009 on the Shanghai stock exchange. [5] [6]
From the early 21st century onwards the group began a strategic diversification into wind turbine manufacture - its first major new facility was a 500 turbine per year capacity factory in Songyuan,(built 2009–11),established through CNR Wind Power Co. The company expects to invest ~35 billion Yuan in CNR Wind Power to establish a full scale wind power industry. [7] [8]
In 2013,the company began providing underground cars for Line A of the Buenos Aires Underground in Argentina,with the 150 cars to make up the entirety of the line. [9] That same year,the company delivered 20 locomotives and 220 coaches to the country for Trenes Argentinos' long distance broad gauge rolling stock. [10]
CNR company began delivering 81 Diesel Multiple Units in 2015 for the Belgrano Sur Line in Buenos Aires,operated by Trenes Argentinos. [11]
In October 2014,CNR made a major breakthrough into the North American market by winning a $567 million contract to supply 284 metro cars for the Massachusetts Bay Transportation Authority's Orange (Type B car) and Red (Type A car) lines,with an option for 58 more. CNR plans to dedicate two manufacturing lines at a Chinese facility and build a 150,000 square-foot facility in Springfield,Massachusetts for final assembly of the vehicles. [12] [13]
At the end of 2014 CNR and rival CSR announced their intention to merge,with CSR acquiring CNR shares at a ratio of 1 CNR :1.1 CSR;the resultant company (value ~$26 billion) was to be named CRRC. [14] [15] The two companies formally merged on 1 June 2015. [16]
The corporation has numerous subsidiaries at various sites in China: [17]
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 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.
CRRC Zhuzhou Locomotive Co.,Ltd. is one of the electric locomotive manufacturers in China. It is one of the subsidiaries of CRRC.
CRRC Qingdao Sifang Co.,Ltd. is a Chinese rolling stock manufacturer based in Qingdao,Shandong province. Founded in 1900 during the German occupation,Qingdao Sifang is one of the oldest rolling stock manufacturers in China.
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.
Zhuzhou CRRC Times Electric Co. Ltd.,abbreviated as TEC,is a Chinese train manufacturer. It is headquartered in Zhuzhou,Hunan Province. The company is a prominent maker of traction systems for locomotives,electric multiple units and urban transit train applications,which generates about 70% of the company's total sales.
CSR Corporation Limited (CSR),formerly known as China South Locomotive &Rolling Stock Corp was a Chinese manufacturer of locomotive and rolling stock.
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.
The HXD2 is an electric locomotive and a series of related locomotive classes built by CRRC Datong Electric Locomotive and Alstom. The locomotives designs are based on the Alstom Prima electric locomotives,and are a product of a cooperation agreement signed between the two companies in 2004. All locomotives are intended for heavy freight work,including coal trains on the Datong Qinhuangdao line.
CRRC Datong Co. Ltd. is a Chinese railway locomotive manufacturing plant based in Datong,Shanxi,China,founded in 1953. The factory was a major producer of steam locomotives for the Chinese market up to 1988 when production switched to diesel powered locomotives. By the 1990s electric locomotives had begun to be produced,and became the major product of the works.
CRRC Qishuyan Co.,Ltd. is one of the major diesel locomotive manufacturers in China. It one of the subsidiary companies of CRRC Limited.
CRRC Shandong Co. Ltd.,formerly also known as JRVEC,is a railway rolling stock factory located in Jinan,Shandong,China,established in 1910 as a workshop of the Jinpu Railway.
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.
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.
CRRC Luoyang Co.,Ltd. is a railway locomotive manufacturing company,a subsidiary of CRRC,which is located in Luoyang,Henan in China,established in 1958,as Luoyang Locomotive Plant of Zhengzhou Railway Bureau. In 2007 the company was affiliated in CSR,and renamed CSR Luoyang Locomotive Co.,Ltd.. In 2015,as of the merger of CSR and CNR,CRRC was established,the subsidiary was renamed this name.
Zhuzhou Times New Material Technology Co.,Ltd. known also as TMT,is a Chinese plastic manufacturer based in Zhuzhou,Hunan Province. The company also produced mica.
CSR Group Corporation formerly known as China South Locomotive and Rolling Stock Industry (Group) Corporation,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.
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.