CRRC

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.

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

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)
Products
Revenue CN¥214.521 billion (2018)
46,062,360,000 renminbi (2018) 
CN¥012.998 billion (2018)
Total assets CN¥357,523 billion (2018)
Total equity CN¥149.684 billion (2018)
Owner
CRRC Group(55.91%):85
CSF(02.87%):83
Central Huijin(01.12%):83
general public(40.10%)
Number of employees
183,061 (2016:60)
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

It was formed on 1 June 2015 through the merger of CNR and CSR. As of 2016 it had 183,061 employees. 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.

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