Is CRRC a central enterprise?

Yes, CRRC Group is a central enterprise.

CRRC is an A+H-share listed company approved by SASAC in the State Council and the State Council. China South Locomotive Co., Ltd. and China CNR Co., Ltd. were merged according to the principle of reciprocity. With the approval of China Securities Regulatory Commission, CRRC was successfully listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange on June 8, 20 15. Headquartered in Beijing, the capital of China, the company currently has 46 wholly-owned and holding subsidiaries with more than 6,543,800 employees.

China CRRC Group Co., Ltd. is an important participant in China railway industry, and its products cover many aspects of railway transportation. This company is committed to research and development, manufacturing and sales of rail vehicles, mechanical equipment, power equipment, intelligent transportation systems and other products. Through continuous innovation and development, CRRC has become one of the leading enterprises in the global railway transportation field.

By the end of 20 16, CRRC products have been exported to 10 1 countries and regions around the world, covering six continents 1 1 market regions. This shows the company's extensive influence and competitiveness in the international market. In addition, CRRC has made remarkable achievements in overseas markets. From 20 1 1 to 20 14 years, the overseas contracted amount of the company was192.5 billion USD, 3.588 billion USD, 3.96 billion USD and 6.747 billion USD respectively, with an average annual increase of 55.7%. These figures reflect CRRC's strong position in the international market and its growing global business.

The success story of CRRC not only reflects the rise of China railway industry, but also shows the influence of China enterprises on the global stage. As a company that has made outstanding achievements in technological innovation and international cooperation, CRRC will continue to contribute to the development of railway transportation industry and set a good example for China's international reputation.

If you need to know more about CRRC Group, I suggest you go to the enterprise to know-check the enterprise for free.