 | |
| Formerly | China South Locomotive & Rolling Stock Corporation Limited |
|---|---|
| Company type | public |
| Industry | manufacturing |
| Predecessor | major assets of CSR Group |
| Founded | December 28, 2007 [1] |
| Defunct | June 1, 2015 |
| Fate | Merged with China CNR to form CRRC in 2015 |
| Successor | CRRC |
| Headquarters | , China |
Area served | China Asia |
| Products | |
| Parent | CSR Group |
CSR Corporation Limited (CSR), formerly known as China South Locomotive & Rolling Stock Corp was a Chinese manufacturer of locomotive and rolling stock.
In 2007 the China South Locomotive & Rolling Stock Corporation Limited (CSR) was formed. [2] as a special purpose vehicle for potential initial public offering for the major assets of state-owned CSR Group. Some auxiliary assets were left in the group and remained unlisted.
The company's H shares were first traded on the Hong-Kong stock market on 21 August 2008, the company's A shares began trading on the 18 August 2008. [3] The shares also began trading on the Shanghai Stock Exchange in August; $1.57 billion was raised in the share offers. [4] [5] A 40% stake in the company was offered in total on the two exchanges. [6]
On 26 December 2011, CSR announced that it had successfully tested a super high speed train that was capable of traveling at 500 km/h. [7]
In February 2014, CSR acquired the Argentine rolling stock manufacturer Emprendimientos Ferroviarios. [8] [9]
At the end of 2014 CSR and its rival CNR announced their intention to merge, with a 1:1 share swap; the resultant company (value ~$26billion) was to be named CRRC. [10] [11] The two companies formally merged on 1 June 2015. [12]
At the time of the restructuring and share issue in 2008 the company had 20 subsidiaries:
The main factories for the manufacture of locomotives are installed in Zhuzhou (electric locomotives), Ziyang, Luoyang, Xiangfan (diesel locomotives), Qishuyan, and Chengdu (the latter two also producing carriages). Carriages are built in factories in Nanjing, Zhuzhou, Beijing, Meishan, Wuchang, Tongling, Shijiazhuang, Wuhan and Guiyang. The company has two research institutes in Zhuzhou and Qishuyan.
 | This article needs to be updated.(June 2012) |
Main models manufactured:
The firm also built subway trains, particularly for networks in Shanghai Metro and Beijing Metro.
A joint venture between CSRC and Australian-based United Group manufactured MTR with 21 Phase IV LRV cars delivered in 2009.
In June 2016 the CSR along with members of the Gupta family were accused of trying to improperly influence the awarding of a R51 billion (US$6 billion) 2012 contract for CSR to deliver 600 trains to the South African Passenger Rail Agency. [26] [27] It was later reported that the future South African Public Protector Busisiwe Mkhwebane was also allegedly implicated in the deal when she worked as Counselor Immigration and Civic Services in South Africa's embassy in China. [28] [29]
British Rail Engineering Limited (BREL) was the railway systems engineering subsidiary of British Rail.
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.
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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.
The Kawasaki Railcar Manufacturing Company is the Japanese rolling stock manufacturing subsidiary of Kawasaki Heavy Industries. Since beginning operations in 1906, the company has produced more than 90,000 railroad cars.
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.
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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.
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.
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.
CRRC Ziyang Co., Ltd. is a Chinese locomotive manufacturer, one of the subsidiaries of CRRC. The plant was located in Ziyang, Sichuan Province.
The Kawasaki Heavy Industries & CSR Qingdao Sifang C151B is the fifth generation electric multiple unit rolling stock in operation on the North–South and East–West lines of Singapore's Mass Rapid Transit (MRT) system, manufactured by Kawasaki Heavy Industries (KHI) & CRRC Qingdao Sifang under Contract 151B. 45 trains were purchased and all of them have been delivered to Singapore as of 12 April 2017. SMRT took delivery of the first 2 train cars on 21 May 2015. These trains increased frequency for the two MRT lines, North–South and East–West lines.
CRRC Qishuyan Co., Ltd. is one of the major diesel locomotive manufacturers in China. It one of the subsidiary companies of CRRC Limited.
The Kawasaki Heavy Industries & CRRC Qingdao Sifang T251 is the first generation electric multiple unit rolling stock in operation on the Thomson–East Coast line of Singapore's Mass Rapid Transit (MRT) system, manufactured by a consortium of Kawasaki Heavy Industries (KHI) and CRRC Qingdao Sifang under Contract T251.
The HXD1C（和谐1C型电力机车） is an electric locomotive developed by CSR Zhuzhou Electric Locomotive Co., Ltd. The design was revealed in 2009: a 7.2 MW power six axle, 150-tonne, Co'Co' locomotive.
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.
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.
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