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CSR Group
CSR Group Corporation formerly known as China South Locomotive and Rolling Stock Industry (Group) Corporation (abbreviation: CSRG), was a Chinese locomotive and rolling stock manufacturer. In 2007, the major assets of the group was spin-off and formed CSR Corporation Limited, making the corporation became a holding company only. In 2015 CSR Group was merged with CNR Group to form CRRC Group. History In 1986 the (LORIC) was formed, comprising 35 production sites and 4 research centres.History ''www.chinacnr.com'' In 2002 LORIC was separated from the and China South Locomotive and Rolling Stock Industry (Group) Corporation (CSRG, ) was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consolidated Financial Statement
Consolidated financial statements are the "financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent company and its subsidiaries are presented as those of a single economic entity", according to International Accounting Standard 27 "Consolidated and separate financial statements", and International Financial Reporting Standard 10 "Consolidated financial statements". Consolidated statement of financial position While preparing a consolidated financial statement, there are two basic procedures that need to be followed: first, cancel out all the items that are accounted as an asset in one company and a liability in another, and then add together all uncancelled items. There are two main type of items that cancel each other out from the consolidated statement of financial position. * "Investment in subsidiary companies" which is treated as an asset in the parent company will be cancelled out by "share capital" account ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
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] |
State Administration Of Taxation
The State Taxation Administration (STA, Chinese character, Chinese: 国家税务总局) is a ministerial-level department within the government of the People's Republic of China. It is under the direction of the State Council of the People's Republic of China, State Council, and is responsible for the collection of taxes and enforces the state revenue laws. Previously known as State Administration of Taxation. Mandates *Drafting tax laws and regulations; formulating detailed implementation rules for tax laws and regulations; putting forward suggestions on tax policies, and together with the Ministry of Finance of the People's Republic of China, Ministry of Finance, reviewing the suggestions and submitting them to the State Council; formulating implementation rules for tax policies. *Measuring the overall tax burden and putting forward suggestions on how to use tax for regulation purpose; formulating tax rules and procedures and supervising their implementation; providing guidance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zhuzhou Electric Locomotive Works
CRRC Zhuzhou Locomotive Co., Ltd. is one of the electric locomotive manufacturers in China. It is one of the subsidiaries of CRRC. History Predecessor Zhuzhou Electric Locomotive Works was founded in 1936. CRRC Zhuzhou Locomotive Co., Ltd. On 31 August 2005, CSR Group Zhuzhou Electric Locomotive Co., Ltd. was spin-off from the locomotive works; the original legal entity of the locomotive works became an intermediate holding company for CSR Group only. After the formation of listed company CSR Corporation Limited, the limited company "CSR Group Zhuzhou Electric Locomotive" became part of the listed portion of the group, and the intermediate holding company remained unlisted. The limited company also renamed to CSR Zhuzhou Electric Locomotive Co., Ltd., In 2015 the company was renamed into CRRC Zhuzhou Locomotive Co., Ltd. (). Joint ventures Siemens Traction Equipment Ltd. (STEZ), is a joint venture between Siemens Mobility, Siemens (50%), Zhuzhou CRRC Times Electric (30%) and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Star
China Star (Simp. Chinese: 中华之星, a.k.a. DJJ2) is an indigenously designed experimental high speed train manufactured in China. It is an EMU train developed from the DJJ1 "Blue Arrow" high speed train by Zhuzhou Electric Locomotive Works. Overview It consists of 2 power cars and 9 passenger cars. The prototype rolled out in 2002. The train set is designed for a top capacity of 270 km/h (168 mph), and a full load of 726 passengers. It achieved a top speed of 321 km/h (200 mph) on the newly built Qinshen Passenger Railway line during a test run in late 2002, setting a Chinese train speed record. However, due to signal system mismatches, and problems at electrical system and brake system, commercial services was delayed for the train. The train entered passenger service at Qinhuangdao-Shenyang PDL in 2005 but was limited to a top speed of 160 km/h (100 mph). Such problems still persists in services and was discontinued in 2006. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Huiton
South is one of the cardinal directions or compass points. The direction is the opposite of north and is perpendicular to both east and west. Etymology The word ''south'' comes from Old English ''sūþ'', from earlier Proto-Germanic ''*sunþaz'' ("south"), possibly related to the same Proto-Indo-European root that the word ''sun'' derived from. Some languages describe south in the same way, from the fact that it is the direction of the sun at noon (in the Northern Hemisphere), like Latin meridies 'noon, south' (from medius 'middle' + dies 'day', cf English meridional), while others describe south as the right-hand side of the rising sun, like Biblical Hebrew תֵּימָן teiman 'south' from יָמִין yamin 'right', Aramaic תַּימנַא taymna from יָמִין yamin 'right' and Syriac ܬܰܝܡܢܳܐ taymna from ܝܰܡܝܺܢܳܐ yamina (hence the name of Yemen, the land to the south/right of the Levant). Navigation By convention, the ''bottom or down-facing side'' of a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Railways (China)
Ministry may refer to: Government * Ministry (collective executive), the complete body of government ministers under the leadership of a prime minister * Ministry (government department), a department of a government Religion * Christian ministry, activity by Christians to spread or express their faith ** Minister (Christianity), clergy authorized by a church or religious organization to perform teaching or rituals ** Ordination, the process by which individuals become clergy * Ministry of Jesus, activities described in the Christian gospels * ''Ministry'' (magazine), a magazine for pastors published by the Seventh-day Adventist Church Music * Ministry (band), an American industrial metal band * Ministry of Sound, a London nightclub and record label Fiction * Ministry (comics), a horror comic book created by writer-artist Lara J. Phillips * Ministry of Magic, governing body in the ''Harry Potter'' series * Ministry of Darkness, a professional wrestling stable l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 |
State-owned Assets Supervision And Administration Commission Of The State Council
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of various other industry-specific ministries. SASAC is responsible for managing state-owned enterprises (SOEs), including appointing top executives and approving any mergers or sales of stock or assets, as well as drafting laws related to SOEs. , its companies had a combined assets of CN¥194 trillion (US$30 trillion), revenue of more than CN¥30 trillion (US$4.6 trillion), and an estimated stock value of CN¥65 trillion (US$10.06 trillion), making it the one of the largest economic entities in the world. Central SOEs SASAC currently oversees 97 centrally owned companies. Companies directly supervised by SASAC are continuously reduced through mergers according to the state-owned enterprise restructuring plan with the number of SASAC companie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
