Crrc Corporation Limited (China)

CRRC Corporation Limited, located in Beijing, is primarily engaged in the research, development, manufacturing, sales, repair, and leasing of railway locomotives, passenger cars, EMUs, urban rail transit vehicles, and important components. As one of the leading comprehensive rail transit equipment manufacturers in China, CRRC represents the competitiveness of China's rail transit equipment industry in the international market. The company holds a market share of over or close to 50% in all business areas, including locomotives, passenger cars, freight cars, EMUs, and urban rail transit vehicles. CRRC has a national engineering research center for power conversion technology, a national high-speed EMU engineering laboratory, five nationally recognized technology centers, four post-doctoral workstations, and has established an overseas industrial power electronics research center for China's rail transit equipment manufacturing industry in the United States.