CRRC Corporation Limited

CRRC Corporation Limited (“CRRC”) is an A+H listed joint stock limited company incorporated with the merging of former CSR Corporation Limited (hereinafter referred to as the “former CSR”) and former China CNR Corporation Limited (hereinafter referred to as the “former CNR”) under the principle of reciprocity with the consent of the State Council and under the approval of the State-owned Assets Supervision and Administration Commission of the State Council (“SASAC”). Approved by China Securities Regulatory Commission (CSRC), it was successfully listed in Shanghai Stock Exchange and The Stock Exchange of Hong Kong Ltd. (“SEHK”) on June 8, 2015. Headquartered in Beijing, CRRC has 51 wholly-owned and controlled subsidiaries with more than 180 thousand employees.

CRRC has taken over all businesses and assets of the former CNR and the former CSR. Now CRRC has become a rail transit equipment supplier with the largest size, most comprehensive categories as well as the leading technology. Its scope of business includes: R&D, design, manufacturing, repair, sales, leasing and technical service of railway locomotive and rolling stock, EMU, urban rail transit rolling stock, construction machinery, mechanical and electrical equipment, electronic devices and parts and components, electronic appliances and environment-friendly equipment products; information consulting, industry investment and management; assets management; import and export business.

Insisting on independent innovation, open innovation and synergic innovation, CRRC constantly perfects the technological innovation system, improves the technology innovation capacity, and has built the world-leading technology platform and manufacturing base of rail transit equipment products, and its products represented by high-speed EMU, high-power locomotive, railway wagon and urban rail transit rolling stock have reached the world leading level, capable of being adapted to various complex geographic environments and meeting diversified market demands. The high-speed EMU series products manufactured by CRRC have become China’s important visit card displaying the achievements to the world. Its products have been exported to nearly one hundred countries and regions worldwide, and CRRC has been gradually transformed from the product export to technological output, capital output and globalized operation.

Looking to the future, CRRC will grasp the strategic development opportunities of “One Belt and One Road” and great development of global rail transit equipment industry, and make good efforts to implement the international, diversified and synergic development strategy, push forward the global strategy mainly characterized by “transformation, upgrade, transnational operation” in a full-fledged manner, become the innovation pacesetter in “Made in China 2025” and “Internet +”, and turn itself into the world leading high-end equipment and system solution provider with transnational operation focusing on rail transit equipment.