CRRC Group Co., Ltd. (CRRC Group) is a wholly state-owned enterprise established in September 2015 with a registered capital of RMB 23 billion.
As of the end of 2020, CRRC Group had more than 380 wholly owned and majority-owned subsidiaries, approximately 175,000 employees, and total assets of RMB 452 billion. It ranked 349th on the 2021 Fortune Global 500 list, with a brand value of RMB 126 billion, ranking first among domestic machinery manufacturing companies.
CRRC Group has established a world-leading research and development platform for rail transit equipment technologies and built a comprehensive industrial system. With rail transit equipment at its core, the Group is committed to becoming a world-class, globally competitive manufacturer of advanced equipment and provider of integrated system solutions.
Adhering to its corporate mission of “Connecting the World and Benefiting Humanity,” CRRC Group continues to promote high-quality development, strengthen China’s global presence in advanced manufacturing, and contribute to the development of the global rail transit industry.