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CRRC Corporation Limited (hereinafter referred to as “CRRC”) is an A+H-share listed company, which is merged by CNR Corporation Limited and CSR Corporation Limited on the principle of reciprocity, under the consent by the State Council and the approval by the State-owned Assets Supervision and Administration Commission of the State Council. On June 8, 2015, CRRC was listed on Shanghai Stock Exchange and Hong Kong Stock Exchange, with the approval of China Securities Regulatory Commission. Headquartered in Beijing, CRRC now has 46 wholly-owned and majority-owned subsidiaries and more than 170,000 employees.
CRRC, which inherited all the businesses and assets of CNR and CSR, is the world's largest supplier of rail transit equipment with the most complete varieties and leading technologies. Its main businesses cover the R&D, design, manufacturing, repair, sale, leasing and technical services for the railway vehicles, EMUs, urban rail transit vehicles, engineering machinery, all types of electromechanical equipment, electronic equipment & parts, electric products and eco-friendly equipment, as well as information consulting, industrial investment & management, asset management and import-export business.
CRRC is committed to independent innovation, open innovation and collaborative innovation, making constant efforts to improve its technical innovation system and strengthen its technical innovation capability. CRRC has built the world-leading technology platform and manufacturing base for rail transit equipment products. A series of products, represented by the high-speed EMUs, high-power locomotives, railway wagons and urban rail vehicles, have fully reached the world’s advanced level, with the capabilities of adapting to various complex geographical environments and meeting diversified market demands. The high-speed EMU products manufactured by CRRC have become an important business card to show China's development achievements to the world. CRRC products have been exported to approximately 100 countries and regions in 6 continents. CRRC is also shifting its focus from product export to technology export, capital output and globalized operation.
In the future, CRRC will make it its mission to integrate global resources and exceed the expectation, keep a firm grip on the strategic opportunities like "the Belt and Road", the great development of global rail transit equipment industry etc., vigorously implement the development strategies of internationalization, diversification and collaboration, comprehensively promote the globalization strategy principally characterized by "transformation & upgrading, transnational operation", strive to be the innovation pioneer of "Made in China 2025" and "Internet +", as well as make great efforts to build CRRC into a global leading solution provider of high-end equipment system with rail transit equipment as the core and transnational operation.