CNR Group
China Northern Locomotive & Rolling Stock Industry (Group) Corporation commonly known as CNR Group was a Chinese locomotive and rolling stock manufacturer, and later holding company of China CNR. CNR Group merged with CSR Group in 2015 to form CRRC. History In 1986 the (LORIC) was formed, comprising 35 production sites and 4 research centres. In 2002 the China Northern Locomotive & Rolling Stock Industry (Group) Corporation was spin-off from LORIC. Its main competitor, the China South Locomotive and Rolling Stock Industry (Group) Corporation was formed in the same year. Both CNR Group and CSR Group were also transferred from the Ministry of Railways to the State-owned Assets Supervision and Administration Commission of the State Council at that time. CNR Group carried out import and export orders between 1998 and 2005 through the LORIC Import & Export Corp., Ltd. The subsidiary CNR Logistic Development Corp., Ltd., established in 1998 deals with export sales of CNR vehicles and p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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China CNR
China CNR Corporation Limited (CNR) was a primary manufacturer of locomotives and rolling stock for the Chinese market. The company has also exported to over 80 countries and regions, including Argentina, Australia, Brazil, France, Hong Kong, New Zealand. Saudi Arabia, Taiwan and Turkey. In 2015, the company merged with CSR to form CRRC. History In 2008 China CNR was incorporated as the subsidiary of CNR Group (China Northern Locomotive & Rolling Stock Industry (Group) Corporation).Sources: China ChengTong Holdings Group and China Huarong Asset Management were minority shareholders. In the same year CNR Dalian's CKD7C were exported to the Republic of Congo. The company made an IPO of $2bn in 2009 on the Shanghai stock exchange. From the early 21st century onwards the group began a strategic diversification into wind turbine manufacture - its first major new facility was a 500 turbine per year capacity factory in Songyuan, (built 2009–11), established through CNR Wind ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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CRRC Tangshan
CRRC Tangshan Co., Ltd., is a manufacturer of rolling stock located in Tangshan, Hebei province, People's Republic of China. While Datong built mainline steam locomotives until 1988, Tangshan built steam for industrial use until 1999, becoming the last works in the world to build steam for non-tourist use. History The predecessor of the subsidiary, Tangshan Locomotive and Rolling Stock Works was founded before the establishment of the People's Republic of China in 1949. It was nationalized and remaining as an entity of the Ministry of Railways until 2002, when it was a manufacturing facility of (LORIC). In 2002, LORIC was split into CNR Group and CSR Group, which Tangshan works belonged to the former due to geographical location. CNR Group and CSR Group also belonged to newly established State-owned Assets Supervision and Administration Commission, another department of the State Council. Due to the initial public offering of China CNR, the assets of the works was injected to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Defunct Government-owned Companies Of China
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Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Holding Companies Of China
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Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * ''The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ferrocarriles De Cuba
Ferrocarriles de Cuba (FCC) or Ferrocarriles Nacionales de Cuba (English: National Railway Company of Cuba), provides passenger and freight services for Cuba. Route network Ferrocarriles de Cuba uses that extends from Guane (province Pinar del Río) in the westernmost part of the island up to the bay of Guantánamo in the eastern part. The Central railway runs from Havana to Santiago de Cuba in the eastern region. Most of the system is diesel-powered with electrified. The flagship Train Number 1 travels between Havana and Baracoa. Other long-distance passenger services link Havana to Pinar del Río (western railway), Cienfuegos (South branch), Sancti Spíritus, Bayamo-Manzanillo and Guantánamo. The network connects the six first-level ports in Cuba: Havana, Mariel, Matanzas, Cienfuegos, Nuevitas and Santiago de Cuba, as well as all provincial capital cities. The Hershey Electric Railway is an electrified railway from Havana to Matanzas that was built by the Hershey Company ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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CSR Corporation Limited
CSR Corporation Limited (CSR), formerly known as China South Locomotive & Rolling Stock Corp was a Chinese manufacturer of locomotive and rolling stock. In 2015, the company merged with China CNR to form CRRC. History In 2007 the China South Locomotive & Rolling Stock Corporation Limited (CSR) was formed.History ''www.csrgc.com.cn'' as a for potential for the major assets of state-owned [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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CRRC Group
CRRC Group Corporation, known as CRRC Group, is a Chinese state-owned holding company, direct parent company of CRRC and 32 other subsidiaries; if including second-tier subsidiaries, the holding company is the head of 112 legal entities (as in 2016). History The predecessors of the holding company: CNR Group and CSR Group, were formed in 2002 by splitting (LORIC), a corporation under the Ministry of Railways. The control of CNR Group and CSR Group were also transferred from the Ministry of Railways to the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) in the same year, became duopoly in locomotives and rolling stock manufacturing. In 2000s, CNR, CSR, Zhuzhou Times New Material Technology (2002) and Zhuzhou CSR Times Electric (2006) were spin-off from the groups as listed companies. In 2015, as part of the reform of the whole railway industry, which saw the closure of the Ministry of Railways and spin-off the China Railway as operat ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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CNR Ship & Ocean Engineering Development
CNR may stand for: Arts, entertainment and media *China National Radio, the national radio station of the People's Republic of China *CNR Music, a Dutch record and video/DVD label *"CNR", a song about Charles Nelson Reilly by "Weird Al" Yankovic on the 2009 album '' Internet Leaks'' Businesses and organisations *Canadian National Railway (CN), formerly Canadian National Railways (CNR) *CNR Group, the China Northern Locomotive & Rolling Stock Industry (Group) Corporation **China CNR, a Chinese railway equipment manufacturer *Rausser College of Natural Resources at the University of California, Berkeley *College of New Rochelle, Catholic college based in New Rochelle, New York, U.S. *College of Natural Resources (Bhutan) *Compagnie Nationale du Rhône, a French electricity generating company *Council of National Representatives, governing body of International Council of Nurses *Czech National Council, Česká národní rada (ČNR), former legislative body of the Czech Republic *Na ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is reported as the fastest growing stock exchange in Asia. The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists () and that in 2021 became world's largest bourse operator in terms of market capitalization, surpassing Chicago-based CME. The physical trading floor at Exchange Square was closed in October 2017. History The Hong Kong securities market can be traced back to 1866, but the stock market was formally set up in 1891, when the Association of Stockbrokers in Hong Kong was established. It was renamed as The Hong Kong Stock Exchange in 1914. By 1972, Hong Kong had four stock exchanges in operation. There were subsequen ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shanghai Stock Exchange
The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exchange. The Shanghai Stock Exchange is the world's 3rd largest stock market by market capitalization at US$7.62 trillion . It is also Asia's biggest stock exchange. Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors and often affected by the decisions of the central government, due to capital account controls exercised by the Chinese mainland authorities. In 1891, Shanghai founded China's first exchange system. The current stock exchange was re-established on November 26, 1990, and was in operation on December 19 of the same year. It is a non-profit organization directly administered by the China Securities Regulatory Commission (CSRC). History The formation of the Interna ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Special Purpose Vehicle
A special-purpose entity (SPE; or, in Europe and India, special-purpose vehicle/SPV; or, in some cases in each EU jurisdiction, FVC, financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives. SPEs are typically used by companies to isolate the firm from financial risk. A formal definition is "The Special Purpose Entity is a fenced organization having limited predefined purposes and a legal personality". Normally a company will transfer assets to the SPE for management or use the SPE to finance a large project thereby achieving a narrow set of goals without putting the entire firm at risk. SPEs are also commonly used in complex financings to separate different layers of equity infusion. Commonly created and registered in tax havens, SPEs allow tax avoidance strategies unavailable in the home district. Round-tripping is one such strategy. In addition, th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |