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 MUs, transit vehicles, freight trains, electric locomotives, and carriages. 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. It has operations in Asia, North and Latin America, and Europe. CRRC is headquartered in Haidian District, Beijing, China.

Headquarters China

Address No: 16, 4th Ring Mid Road, District Haidian, Beijing, 100036


Telephone 86 10 51862188

No of Employees 160,656

Industry Transport and Logistics

Ticker Symbol & Exchange 601766 (SHA)

Revenue (2021) $35.0B -0.8% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX -9.1% (2021 vs 2020)

Market Cap* $20.4B

Net Profit Margin (2021) XXX -8.4% (2021 vs 2020)

* As of and is in US$

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ICT Spend & Tech Priorities

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Products and Services

Products Services
Locomotives Repair of Freight Trains and Passenger Trains
Passenger Coaches Locomotive Overhauling
Freight Wagons
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XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In October, Nankou entered into Equity Transfer Agreement with Nankou Industrial to acquire 37.81% equity interest in CARS Equipment.
2022 Contracts/Agreements In October, the company entered into certain contract for the period from July to October for value of RMB28.55 billion.
2022 Acquisitions/Mergers/Takeovers In October, the Zhuzhou Institute, Xiangyang Motor and and CRRC Electric Vehicle entered into Joint Venture Agreement to jointly contribute to the establishment of the Joint Venture.
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Competitor Comparison

Key Parameters CRRC Corp Ltd Alstom SA Stadler Rail AG Bombardier Transportation GE Transportation
Headquarters China France Switzerland China United States of America
City Beijing Saint-Ouen Bussnang - Chicago
State/Province Beijing - - - Illinois
No. of Employees 160,656 74,095 13,092 - -
Entity Type Public Public Public Private Private
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Executives
Name Position Board Since Age
Sun Yongcai Director; Chairman Executive Board 2021 58
Lou Qiliang President; Director Executive Board 2021 59
Zheng Li Chief Financial Officer Senior Management - 50
Wang An Director Executive Board 2021 51
Wang Gongcheng Vice President Senior Management 2019 50
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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