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 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 West Fourth Ring Middle Road, Haidian District, Beijing, 100036
Website
www.crrcgc.cc
Telephone
86 10 51862188
No of Employees
154,292
Industry
Transport and Logistics
Ticker Symbol & Exchange
601766 (SHA)
Revenue (2022)
$33.1B
5.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
0.5%
(2022 vs 2021)
Market Cap*
$29.1B
Net Profit Margin (2022)
XYZ
-4.4%
(2022 vs 2021)
* As of and is in US$
CRRC Corp Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Products | Services |
| Locomotives | Repair of Freight Trains and Passenger Trains |
| Passenger Coaches | Locomotive Overhauling |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In July, the company and the Bank of China signed a strategic cooperation agreement to cooperate relationship in overseas projects, direct financing, and other fields. |
| 2023 | New Products/Services | In June, the company unveiled Ningdong. |
| 2023 | Contracts/Agreements | In January, the company’s subsidiary, CRRC Ziyang Locomotive Co Ltd., signed a contract for locomotive spare parts worth US$30 million with a railway user in Turkmenistan. |
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 | Ile-de-France | Thurgau | - | Illinois |
| No. of Employees | 154,292 | 80,183 | 13,944 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sun Yongcai | Chairman | Executive Board | 2021 | 59 |
| Lou Qiliang | Director; President | Executive Board | 2021 | 60 |
| Zheng Li | Chief Financial Officer | Senior Management | - | 51 |
| Yunshuang Ma | Vice President | Senior Management | 2019 | 52 |
| Wang Jian | Secretary; Head - Finance and Capital Operation Department | Senior Management | 2022 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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