27:
1730:
1500:
1668:
247:
230:
188:
164:
1680:
209:
615:
The main activity of CRRC Group is holding company, as well as equity investments via CSR Investment
Management, CRRC Group Capital Holdings and CRRC Industrial Investment. Most of the other subsidiaries were the original legal entities of the factories that under CNR and CSR Groups, which after the
523:
847:
541:
575:
as regulator, the two duopoly also merged back into one holding company under the SASAC, by CNR Group absorbing CSR Group, and renamed into CRRC Group; their two main listed subsidiaries were also merged to form
732:
621:
627:
CRRC Group also engaged in real estate development in
Taiyuan, on top of the old factory of CRRC Taiyuan. CRRC Group paid CN¥1.711 billion to bid back the land lease from the local government.
664:
528:
1434:
912:
907:
620:
of the two listed flagship subsidiaries, as sub-holding companies for auxiliary assets that were not listed. However, CRRC Group also contained a shipbuilding subsidiary
692:
742:
1718:
678:
927:
685:
794:
2034:
811:
2029:
1760:
1696:
1039:
777:
770:
990:) was found in 2007; not to be confused with "Daqi" Railway Transportation Equipment founded by CNR Group Qiqihar in 2007; both NOT related to
2039:
2024:
860:
763:
706:
671:
631:
291:
1438:
2059:
1711:
1402:
1172:
2054:
2049:
1704:
567:
In 2015, as part of the reform of the whole railway industry, which saw the closure of the
Ministry of Railways and spin-off the
1812:
1770:
1755:
2069:
1617:
901:
557:
1527:
1130:
868:
2064:
2044:
1765:
1315:
729:
CRRC Group Wuhan
Wuchang Rolling Stock Works (100%, the factory was spin off and belongs to CRRC Yangtze, Wuhan branch)
180:
1684:
1080:
719:
CRRC Group
Xiangyang Locomotive Works (100%, the factory was spin-off and belongs to CRRC Luoyang, Xiangyang branch)
790:
CRRC Group
Zhuzhou Rolling Stock Works (100%, the factory was spin off and belongs to CRRC Yangtze, Zhuzhou branch)
483:
1726:
1233:
1152:
1552:
572:
1460:
1377:
1264:
1101:
410:
343:
973:
931:
839:
584:
396:
329:
634:(42.64%) and Ziyang CRRC Electrical Technology for 51%. The shares of the latter were purchased from CRRC's
1885:
1795:
534:
1612:
948:
561:
1895:
1047:
1965:
131:
2074:
1983:
1785:
1520:
1407:
540:
The control of CNR Group and CSR Group were also transferred from the
Ministry of Railways to the
1837:
1648:
1602:
864:
784:
617:
553:
583:
In 2017, CRRC Group was reincorporated from "Industrial
Enterprises Owned by the Whole People" (
1855:
1742:
1412:
1176:
43:
1198:
670:
CRRC Group Wuhan Jiang'an
Rolling Stock Works (100%, the factory was spin off and belongs to
544:(SASAC) in the same year, became duopoly in locomotives and rolling stock manufacturing. In
1993:
1988:
1780:
1734:
503:
1363:
26:
8:
2019:
1955:
1940:
1775:
1672:
1582:
1577:
1513:
1499:
756:
749:
263:
1265:"Announcement on connected transaction: Transfer of Equity Interest in Ziyan Electrical"
1925:
1905:
1860:
1850:
1622:
684:
CRRC Group
Tongling Rolling Stock Works (100%, the factory was spin off and belongs to
1930:
1890:
1870:
1076:
1817:
1805:
433:
366:
239:
1978:
1900:
1822:
1437:(in Chinese). China United Network Communications. 21 August 2017. Archived from
1070:
592:
542:
State-owned Assets Supervision and Administration Commission of the State Council
793:
CRRC Group Beijing Nankou Locomotive & Rolling Stock Machinery Works (100%,
1875:
1845:
545:
1072:
Explaining Railway Reform in China: A Train of Property Rights Re-arrangements
769:
CRRC Group Shenyang Locomotive & Rolling Stock Trading Corporation (100%,
2013:
1920:
1800:
1597:
1592:
1587:
818:
713:
568:
171:
1323:
1998:
1945:
1915:
1880:
1790:
1572:
1557:
919:
804:
699:
440:
373:
1161:(Report) (in Chinese (China)). CRRC Corporation Limited. 2018. p. 49.
817:
CRRC Group Changzhou Qishuyan Locomotive & Rolling Stock Works (100%,
524:
China National Railway Locomotive & Rolling Stock Industry Corporation
1910:
1865:
1607:
1567:
1562:
1241:
991:
723:
635:
677:
CNR Group Tianjin Locomotive & Rolling Stock Machinery Works (100%,
1935:
1293:
923:
272:
201:
32:
1173:"China's CRRC Industrial Investment opens European office in Budapest"
506:, the holding company is the head of 112 legal entities (as in 2016).
1653:
1643:
1638:
1205:
855:
other notable second-tier subsidiaries (other than CRRC subsidiaries)
549:
519:
515:
498:, is a Chinese state-owned holding company, direct parent company of
1046:(in Chinese). Shanghai Clearing House. 30 April 2017. Archived from
1973:
952:
167:
1014:
738:
CRRC Dalian Dali Railway Transportation Equipment Co., Ltd. (100%)
663:
CNR Group Qiqihar Railway Rolling Stock (Group) Co., Ltd. (100%,
1364:"中国国有企业结构调整基金26日成立,是目前国内规模最大的股权投资基金3500亿元,主攻国企调结构 _ 滚动新闻 _中国政府网"
755:
CRRC Group Qingdao Sifang Rolling Stock Asset Management (100%,
1378:"OVERSEAS REGULATORY ANNOUNCEMENT - Clarification announcement"
981:
803:
CRRC Group Chengdu Locomotive & Rolling Stock Works (100%,
762:
CRRC Group Taiyuan Locomotive & Rolling Stock Works (100%,
580:(excluding CRRC Times Electric and Times Material Technology).
1234:"China Daily Website - Connecting China Connecting the World"
1950:
1729:
1505:
938:) that subscribed by CRRC Financial and Securities Investment
222:
712:
CNR Group Jinan Locomotive & Rolling Stock Works (100%,
1750:
1544:
1274:(Press release). Hong Kong Stock Exchange. 23 December 2016
657:
577:
499:
281:
848:
Beijing CSR Times Locomotive & Rolling Stock Machinery
564:(2006) were spin-off from the groups as listed companies.
1493:
1345:
470:
1017:[Leaders of the Group] (in Chinese). CRRC Group
733:
CNR Ship & Ocean Engineering Development Co., Ltd.
630:
CRRC Industrial Investment were the parent company of
748:
CRRC Group Nanjing Puzhen Rolling Stock Works (100%,
741:
CNR Group Beijing February 7 Locomotive Works (100%,
445:
378:
783:
CRRC Group Zhuzhou Electric Locomotive Works (100%,
1453:
810:CRRC Group Shijiazhuang Rolling Stock Works (100%,
1175:. Xinhua News Agency. 16 May 2016. Archived from
1034:
1032:
691:CRRC Group Harbin Rolling Stock Co., Ltd. (100%,
2011:
1296:(in Chinese). CRRC Qiqihar Railway Rolling Stock
824:CSR Group Investment Management Co., Ltd. (100%)
800:Changzhou Institute of Railway Technology (100%)
624:, which was an investment vehicle of CNR Group.
1761:China Merchants Shekou Industrial Zone Holdings
1411:(in Chinese). 27 September 2016. Archived from
884:CRRC Financial and Securities Investment (100%)
1029:
705:CRRC Group Meishan Rolling Stock Works (100%,
1712:
1521:
415:
401:
348:
334:
1157:[2018 Half-yearly report (A share)]
1096:
1094:
1092:
1068:
827:CRRC Group Capital Holdings Co., Ltd. (100%)
776:CRRC Group Xi'an Rolling Stock Works (100%,
622:CNR Ship & Ocean Engineering Development
1322:(in Chinese). 3 August 2017. Archived from
1111:. Hong Kong Stock Exchange. 8 December 2006
830:CRRC Industrial Investment Co., Ltd. (100%)
698:CRRC Group Luoyang Locomotive Works (100%,
2035:Conglomerate companies established in 2015
1719:
1705:
1528:
1514:
1498:
722:CRRC Group Ziyang Locomotive Works (100%,
25:
2030:Real estate companies established in 2015
1470:. Hong Kong Stock Exchange. 20 April 2017
1089:
653:Only 33 direct subsidiaries were listed:
514:The predecessors of the holding company:
502:and 32 other subsidiaries; if including
951:(0.80% excluding held by CRRC; sold to
922:A share – via a private equity fund of
904:(11.46%, excluding shares held by CRRC)
874:Ziyang CRRC Electrical Technology (51%)
2012:
1771:China Railway Construction Corporation
1756:China Aerospace International Holdings
2040:Chinese companies established in 2015
2025:Holding companies established in 2015
1700:
1618:Zhuzhou Times New Material Technology
1509:
1383:(Press release). CRRC. 17 August 2017
1133:(in Chinese). Shanghai Stock Exchange
902:Zhuzhou Times New Material Technology
888:
558:Zhuzhou Times New Material Technology
1679:
1069:Tjia Yin-nor, Linda (October 2015).
610:
2060:Government-owned companies of China
1123:
674:Wuhan branch, a subsidiary of CRRC)
522:, were formed in 2002 by splitting
233:CN¥358.871 billion (2016)
13:
1766:China Overseas Land and Investment
1062:
665:CRRC Qiqihar Railway Rolling Stock
14:
2086:
1485:
1316:"南车投资向中车金证无偿划转中国中车(01766)0.32%股本"
850:was spin-off and belongs to CRRC)
821:was spin-off and belongs to CRRC)
814:was spin-off and belongs to CRRC)
807:was spin-off and belongs to CRRC)
797:was spin-off and belongs to CRRC)
787:was spin-off and belongs to CRRC)
780:was spin-off and belongs to CRRC)
773:was spin-off and belongs to CRRC)
766:was spin-off and belongs to CRRC)
759:was spin-off and belongs to CRRC)
752:was spin-off and belongs to CRRC)
745:was spin-off and belongs to CRRC)
726:was spin-off and belongs to CRRC)
716:was spin-off and belongs to CRRC)
709:was spin-off and belongs to CRRC)
702:was spin-off and belongs to CRRC)
695:was spin-off and belongs to CRRC)
681:was spin-off and belongs to CRRC)
667:was spin-off and belongs to CRRC)
533:(LORIC), a corporation under the
302:
1728:
1678:
1667:
1666:
484:consolidated financial statement
246:
245:
229:
228:
207:
187:
186:
163:
162:
2055:Conglomerate companies of China
1427:
1395:
1370:
1356:
1338:
1308:
1286:
1257:
966:
688:, a subsidiary of CRRC Yangtze)
641:
638:for about CN¥448 million.
573:National Railway Administration
571:as operator and purchaser, the
479:Footnotes / references
380:Zhōngguó zhōngchē jítuán gōngsī
254:63.259 billion (2016)
195:14.382 billion (2016)
2050:Real estate companies of China
1735:Real estate companies of China
1535:
1245:(in Chinese). 31 December 2015
1226:
1191:
1165:
1145:
1007:
986:
977:
935:
843:
604:
600:
596:
588:
446:
416:
402:
379:
349:
335:
216:5.715 billion (2016)
208:
31:Headquarters of CRRC Group in
1:
1105:(index of PDF download links)
1001:
2070:Freight wagons manufacturers
1886:Evergrande Real Estate Group
908:China Structural Reform Fund
130:Liu Hualong (Chairman &
7:
1813:Peking University Resources
1613:Zhuzhou CRRC Times Electric
1403:"中国国有企业结构调整基金成立 总规模达3500亿元"
1214:(in Chinese). 25 April 2017
955:Capital on 13 January 2017)
949:Zhuzhou CRRC Times Electric
10:
2091:
2065:Companies based in Beijing
2045:Holding companies of China
1896:Glorious Property Holdings
1449:– via cninfo.com.cn.
1109:Zhuzhou CSR Times Electric
994:, a CRRC direct subsidiary
836:CNR Group Australia (100%)
562:Zhuzhou CSR Times Electric
509:
80:; 9 years ago
53:Manufacturing, real estate
1964:
1836:
1741:
1662:
1631:
1543:
693:CRRC Harbin Rolling Stock
477:
465:
461:
457:
439:
432:
427:
423:
409:
395:
390:
372:
365:
360:
356:
342:
328:
323:
319:
315:
271:
258:
237:
220:
199:
178:
158:
138:
132:Party Committee Secretary
124:
114:
100:
92:
74:
57:
49:
39:
24:
1984:Hongkong Chinese Limited
1786:Financial Street Holding
1408:China Securities Journal
1235:
1199:
1153:
959:
504:second-tier subsidiaries
411:Traditional Chinese
391:Alternative Chinese name
344:Traditional Chinese
1603:CRRC Zhuzhou Locomotive
1131:"公司概况 [600458]"
833:CRRC Real Estate (100%)
785:CRRC Zhuzhou Locomotive
743:CRRC Beijing Locomotive
618:initial public offering
397:Simplified Chinese
330:Simplified Chinese
120:China, export worldwide
16:Chinese holding company
1856:China Properties Group
1236:中车置业17.11亿元摘得太原机车厂旧厂地块
679:CRRC Tianjin Equipment
648:As of 31 December 2016
492:CRRC Group Corporation
44:state-owned enterprise
1415:on September 27, 2016
895:As of 13 January 2017
686:CRRC Yangtze Tongling
1994:New World China Land
1989:K. Wah International
1781:China Resources Land
1461:"2016 Annual Report"
1441:on 27 September 2017
1326:on 29 September 2017
1050:on 30 September 2017
1040:"2016 Annual Report"
535:Ministry of Railways
1956:Xinyuan Real Estate
1941:Shanghai Forte Land
1776:China Railway Group
1583:CRRC Qingdao Sifang
1578:CRRC Nanjing Puzhen
1468:CRRC Times Electric
1334:– via qq.com.
795:CRRC Beijing Nankou
757:CRRC Qingdao Sifang
750:CRRC Nanjing Puzhen
21:
1966:Foreign investment
1931:R&F Properties
1926:Oceanwide Holdings
1906:Hopson Development
1861:China SCE Property
1623:CRRC Massachusetts
1200:中车·国际广场二期 有品质更要有生活
972:, "Dali" company (
889:Equity investments
264:Chinese Government
19:
2007:
2006:
1891:Fantasia Holdings
1871:Coastal Greenland
1694:
1693:
1204:(re-published by
930:Fund Management (
812:CRRC Shijiazhuang
611:Business overview
599:), renaming from
591:) to state-owned
489:
488:
453:
452:
434:Standard Mandarin
386:
385:
367:Standard Mandarin
311:
310:
2082:
1818:Sino-Ocean Group
1806:Poly Real Estate
1796:China Poly Group
1733:
1732:
1721:
1714:
1707:
1698:
1697:
1682:
1681:
1670:
1669:
1530:
1523:
1516:
1507:
1506:
1502:
1497:
1496:
1494:Official website
1480:
1479:
1477:
1475:
1465:
1457:
1451:
1450:
1448:
1446:
1431:
1425:
1424:
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1353:
1342:
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1333:
1331:
1312:
1306:
1305:
1303:
1301:
1290:
1284:
1283:
1281:
1279:
1272:CRRC Corp., Ltd.
1269:
1261:
1255:
1254:
1252:
1250:
1230:
1224:
1223:
1221:
1219:
1212:Shanxi Late News
1209:
1195:
1189:
1188:
1186:
1184:
1169:
1163:
1162:
1160:
1149:
1143:
1142:
1140:
1138:
1127:
1121:
1120:
1118:
1116:
1106:
1098:
1087:
1086:
1066:
1060:
1059:
1057:
1055:
1036:
1027:
1026:
1024:
1022:
1011:
995:
988:
979:
970:
937:
916:
845:
606:
602:
598:
590:
532:
473:
449:
448:
425:
424:
419:
418:
405:
404:
382:
381:
358:
357:
352:
351:
338:
337:
278:
277:
267:
253:
249:
248:
242:
232:
231:
225:
215:
211:
210:
194:
190:
189:
181:Operating income
166:
165:
88:
86:
81:
29:
22:
18:
2090:
2089:
2085:
2084:
2083:
2081:
2080:
2079:
2075:2015 in Beijing
2010:
2009:
2008:
2003:
1979:Henderson China
1960:
1901:Greentown China
1832:
1823:Yuexiu Property
1737:
1727:
1725:
1695:
1690:
1658:
1649:CSR Corporation
1627:
1539:
1534:
1492:
1491:
1488:
1483:
1473:
1471:
1463:
1459:
1458:
1454:
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1418:
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1357:
1344:
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1309:
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1292:
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1287:
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1267:
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1258:
1248:
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1237:
1232:
1231:
1227:
1217:
1215:
1203:
1201:
1197:
1196:
1192:
1182:
1180:
1179:on May 24, 2016
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1129:
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1063:
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1038:
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1018:
1013:
1012:
1008:
1004:
999:
998:
971:
967:
962:
910:
891:
644:
613:
593:limited company
526:
512:
481:
469:
447:zhōngchē jítuán
262:
251:
238:
221:
213:
204:
192:
183:
154:
127:
117:
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84:
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35:
17:
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5:
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2057:
2052:
2047:
2042:
2037:
2032:
2027:
2022:
2005:
2004:
2002:
2001:
1996:
1991:
1986:
1981:
1976:
1970:
1968:
1962:
1961:
1959:
1958:
1953:
1948:
1943:
1938:
1933:
1928:
1923:
1918:
1913:
1908:
1903:
1898:
1893:
1888:
1883:
1878:
1876:Country Garden
1873:
1868:
1863:
1858:
1853:
1848:
1846:Agile Property
1842:
1840:
1834:
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1825:
1820:
1815:
1810:
1809:
1808:
1803:
1793:
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1600:
1595:
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1575:
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1560:
1555:
1553:CRRC Changchun
1549:
1547:
1541:
1540:
1533:
1532:
1525:
1518:
1510:
1504:
1503:
1487:
1486:External links
1484:
1482:
1481:
1452:
1426:
1394:
1369:
1355:
1337:
1307:
1285:
1256:
1225:
1190:
1164:
1144:
1122:
1102:"Prospectuses"
1088:
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1028:
1005:
1003:
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996:
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851:
844:北京时代志业机车车辆有限公司
837:
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428:Transcriptions
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361:Transcriptions
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1435:"非公开发行A股股票预案"
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819:CRRC Qishuyan
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569:China Railway
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170:233.093
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148:rolling stock
147:
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45:
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38:
34:
28:
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1999:Shui On Land
1946:Shimao Group
1916:KWG Property
1881:Dalian Wanda
1838:Civilian-run
1827:
1791:China Jinmao
1683:
1671:
1632:Predecessors
1573:CRRC Luoyang
1558:CRRC Chengdu
1536:
1472:. Retrieved
1467:
1455:
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1439:the original
1429:
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1413:the original
1406:
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1372:
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1340:
1330:28 September
1328:. Retrieved
1324:the original
1319:
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1300:30 September
1298:. Retrieved
1288:
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1271:
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1240:
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1177:the original
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1048:the original
1043:
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1009:
985:
968:
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941:
920:China Unicom
894:
878:
877:
861:South Huiton
854:
853:
805:CRRC Chengdu
764:CRRC Taiyuan
707:CRRC Meishan
700:CRRC Luoyang
672:CRRC Yangtze
652:
647:
642:Subsidiaries
632:South Huiton
629:
626:
614:
582:
566:
539:
513:
495:
491:
490:
478:
441:Hanyu Pinyin
374:Hanyu Pinyin
324:Chinese name
301:
292:South Huiton
273:Subsidiaries
240:Total equity
223:Total assets
174: (2016)
101:Headquarters
40:Company type
1911:KE Holdings
1866:China Vanke
1743:State-owned
1608:CRRC Ziyang
1568:CRRC Datong
1563:CRRC Dalian
1242:China Daily
992:CRRC Dalian
911: [
724:CRRC Ziyang
636:CRRC Ziyang
560:(2002) and
527: [
494:, known as
151:real estate
116:Area served
58:Predecessor
2020:CRRC Group
2014:Categories
1936:SOHO China
1828:CRRC Group
1537:CRRC Group
1350:cctfund.cn
1154:2018年半年度报告
1044:CRRC Group
1002:References
928:Industrial
778:CRRC Xi'an
605:中国中车集团有限公司
496:CRRC Group
350:中國中車集團有限公司
336:中国中车集团有限公司
202:Net income
145:locomotive
126:Key people
33:Fangzhuang
20:CRRC Group
1654:CSR Group
1644:CNR Group
1639:China CNR
1445:25 August
1419:26 August
1387:26 August
1206:XinhuaNet
871:, 42.64%)
589:全民所有制工业企业
520:CSR Group
516:CNR Group
471:crrcgc.cc
303:full list
67:CSR Group
64:CNR Group
1974:C C Land
1673:Category
953:Sinomach
660:(55.92%)
601:中国中车集团公司
296:(42.64%)
286:(55.92%)
139:Products
50:Industry
1685:Commons
1474:10 June
1278:11 June
1249:11 June
1218:11 June
1183:11 June
1137:11 June
1115:10 June
1054:11 June
1021:11 June
974:Chinese
932:Chinese
846:(100%,
840:Chinese
585:Chinese
510:History
466:Website
172:billion
159:Revenue
105:Beijing
93:Founder
83: (
75:Founded
1851:Aoyuan
1346:"Home"
1294:"公司简介"
1079:
1015:"集团领导"
984::
982:pinyin
976::
943:former
934::
869:000920
842::
597:国有独资公司
587::
266:(100%)
1951:Sunac
1464:(PDF)
1381:(PDF)
1320:智通财经网
1268:(PDF)
1159:(PDF)
987:Dà Lì
960:Notes
924:Aegon
915:]
735:(94%)
546:2000s
531:]
259:Owner
109:China
96:SASAC
1751:BBMG
1545:CRRC
1476:2017
1447:2017
1421:2017
1389:2017
1332:2017
1302:2017
1280:2017
1251:2017
1220:2017
1185:2017
1139:2017
1117:2017
1077:ISBN
1056:2017
1023:2017
936:兴全基金
865:SZSE
658:CRRC
578:CRRC
518:and
500:CRRC
417:中車集團
403:中车集团
282:CRRC
85:2015
78:2015
603:to
554:CSR
550:CNR
482:in
250:CN¥
212:CN¥
191:CN¥
168:CN¥
2016::
1466:.
1405:.
1348:.
1318:.
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1107:.
1091:^
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1031:^
980:;
978:大力
913:zh
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