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CSR Sifang Co Ltd.
CRRC Qingdao Sifang Co., Ltd. () is a Chinese rolling stock manufacturer based in Qingdao, Shandong province. Founded in 1900 during the German occupation, Qingdao Sifang is one of the oldest rolling stock manufacturers in China. History Qing Dynasty and the Republic of China Era Founding of the Syfang General Repair Works Following the Juye Incident, the German army landed at Tsingtao in 1897. In 1898, the Qing government signed the Jiao'ao Concession Treaty with Germany, which made Tsingtao a German colony. This treaty also granted the German government the right to build the Jiaoji Railway and develop the mineral deposits along the route. Kaiser Wilhelm II was determined to make Tsingtao a "model colony" and a bridgehead for the German army in the Far East. As a result, German authorities built a number of factories in Tsingtao between 1900 and 1910. In October 1900, while building the Jiaoji Railway, German authorities began constructing the Shantung Railway Syfang Gene ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
China Railway DF4
The DF4 () is a type of diesel–electric locomotive used in the People's Republic of China. It has been in production since 1969 and is still produced as of 2007 by several local companies. It is the most common locomotive in China and is used for both passenger and freight services. Models DF4 The first DF4 was built in 1969 in Dalian. The first 108 locomotives that were built here are the original DF4s using the 16V240ZJ engine. It took seven years to build all 108 locomotives of this type. Due to unstable technique in the production of early-built DF4 locomotives, malfunctions of mechanic and electric parts occurred frequently during the operation, especially the diesel engine. Thus, most DF4 locomotives were taken out of service for maintenance, and railroad engineers from Fengtai Locomotive Depot sarcastically joked that the DF4 "can't make it from Dongdan to Xisi", two neighborhoods of Beijing. Therefore, Dalian Locomotive Works introduced 16V240ZJA, an improved diesel e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
China Railway
China State Railway Group Co., Ltd., doing business as China Railway (CR), is the national passenger and freight railroad corporation of the China, People's Republic of China. China Railway operates passenger and freight Rail transport in China, transport throughout China with 18 regional subsidiaries. By September 2022, the total assets of China Railway Group are CNY 9.06 trillion (USD 1.24 trillion). China has the highest List of countries by rail usage, railway usage in the world. History China Railway Corporation was established in 2013 to be responsible for railroad construction, operation, and maintenance. Under the Chinese Corporate Law, China Railway Corporation was reorganized into China State Railway Group Co., Ltd. on 18 June 2019. This meant the Ministry of Finance (China), Ministry of Finance would act as an investor on behalf of the state and the company would be led by a board and managed by board-chosen executives. By the end of 2019, China Railway employed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
