CRRC Corp Ltd - Company Profile
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CRRC Corp Ltd (CRRC) is a manufacturer and distributor of railway transportation equipment. It offers a wide range of rolling stock products, including high-speed multiple units (MUs), transit vehicles, freight trains, railway locomotives, carriages and electric locomotives. The company also provides various components such as motors, electric control equipment, air springs, tight-lock couplers, draft gears, brake equipment, and a range of locomotive components. The company also carries out contracting, information consultation, finance leasing and services, and asset management businesses. It serves several industries, including materials, energy equipment, industrial transmission, and engineering machinery. The company has operations in Asia, North and Latin America, and Europe. CRRC is headquartered in Haidian District, Beijing, China.
CRRC Corp Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electric Locomotives | Locomotive Overhauling |
| Diesel Locomotives | Repair of Freight Trains and Passenger Trains |
| High-speed Trains | Research and Development Services |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Others | In January, the company deployed a new 20MW floating offshore wind turbine. |
| 2024 | Plans/Strategy | In October, the company announced its plans to acquire a 2.59% stake in China National Foreign Trade Financial & Leasing Co., Ltd. from CRRC GROUP Co. Ltd. |
| 2024 | New Products/Services | In June, the company launched new meter-gauge EMU in Malaysia. |
Competitor Comparison
| Key Parameters | CRRC Corp Ltd | Alstom SA | Siemens Mobility GmbH | Stadler Rail AG | Bombardier Transportation |
|---|---|---|---|---|---|
| Headquarters | China | France | Germany | Switzerland | China |
| City | Beijing | Saint-Ouen | Munich | Bussnang | - |
| State/Province | Beijing | Ile-de-France | Bayern | Thurgau | - |
| No. of Employees | 151,602 | 87,832 | - | 17,119 | - |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sun Yongcai | Chairman | Executive Board | 2021 | 62 |
| Wang An | Director | Executive Board | 2021 | 56 |
| Wang Feng | Vice President | Senior Management | - | - |
| Zhang Xinning | Chief Engineer | Senior Management | 2021 | 62 |
| Wang Jian | Secretary | Senior Management | 2021 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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