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 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 Sout ...

, making the corporation became a holding company only. In 2015 CSR Group was merged with

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 ...

to form

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 201 ...

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

Ministry of Railways A Ministry of Railways is a Cabinet department that exists or has existed in many Commonwealth states as well as others. It generally occurs in countries where railroad transportation is a particularly important part of the national infrastructur ...

and China South Locomotive and Rolling Stock Industry (Group) Corporation (CSRG, ) was formed.History
'www.csrgc.com.cn'' Its main competitor, the China North Locomotive and Rolling Stock Industry (Group) Corporation was formed in the same year . In 2002 the group manufactured the

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 Wor ...

high speed EMU at the

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. O ...

. Since 2003, the group no longer tax-free on property tax and land rent. Between 2004 and 2007 CSR had ~50% of the internal Chinese market for locomotives and ~80% of the market for multiple units (by volume), as well as a ~50% share in locomotive and wagon refurbishment. In the same period overseas sales accounted for ~7-8% of revenue. In 2008 most of the assets were floated as China South Locomotive & Rolling Stock Corp., Ltd. (later known as CSR Corporation Limited), except some auxiliary assets, as well as the shares of South Huiton. In April 2010 the Chinese name of CSR Group was renamed ().

Subsidiaries

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' ...

(42.64%) * Beijing Railway Industry Trade Corporation

References

External links

{{CRRC Group Holding companies of China Defunct government-owned companies of China Ministry of Railways of China