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CRRC information


CRRC Corporation Ltd.
中国中车股份有限公司
Company typeState-owned enterprise; public company
Traded as
SSE: 601766(A share)
SEHK: 1766(H share)
IndustryManufacturing
Predecessor
  • CNR
  • CSR
Founded1 June 2015; 8 years ago (1 June 2015)[1]
FounderCRRC Group
Headquarters
Beijing
,
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
  • Locomotive
  • Rolling stock
RevenueIncrease CN¥214.521 billion (2018)
Operating income
46,062,360,000 renminbi (2018) Edit this on Wikidata
Net income
Increase CN¥012.998 billion (2018)
Total assetsDecrease CN¥357,523 billion (2018)
Total equityIncrease 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 )
ParentCRRC 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
Simplified Chinese中国中车
Traditional Chinese中國中車
Websitecrrcgc.cc
Footnotes / references
in consolidated financial statement, in IFRS[3]

CRRC Corporation Limited (known as CRRC) 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.[6][7][8]

It was formed on 1 June 2015 through the merger of CNR and CSR. As of 2016 it had 183,061 employees.[3] The parent company is CRRC Group, a state-owned enterprise supervised by the State-owned Assets Supervision and Administration Commission of the State Council. The State Council also owned additional shares via China Securities Finance and Central Huijin Investment.

  1. ^ Cite error: The named reference rgi20150602 was invoked but never defined (see the help page).
  2. ^ a b Cite error: The named reference senior2015 was invoked but never defined (see the help page).
  3. ^ a b c d e f g h "2016 Annual Report" (PDF). CRRC. 27 April 2017. Retrieved 22 June 2017 – via Hong Kong Stock Exchange.
  4. ^ a b "List of Directors and their Role and Function" (PDF). CRRC. Hong Kong Stock Exchange. 20 June 2017. Retrieved 22 June 2017.
  5. ^ "股份领导" (in Chinese). CRRC. Archived from the original on 11 June 2017. Retrieved 22 June 2017.
  6. ^ "Siemens-Alstom Deal Teeters on Brink Amid Fierce Lobbying". Bloomberg.com. 20 January 2019. Archived from the original on 2019-06-11. Retrieved 2019-01-23.
  7. ^ Smith, Kevin. "Will Alstom-Siemens merger check CRRC's international expansion?". Archived from the original on 2017-09-29. Retrieved 2017-09-29.
  8. ^ "Siemens-Alstom's Expected EU Veto Unleashes Political Storm". Bloomberg.com. 4 February 2019. Archived from the original on 2019-02-07. Retrieved 2019-02-05.

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