Topic summary

CRRC

CRRC
CRRCSimplified Chinese中国中车Traditional Chinese中國中車Websitecrrcgc.ccFootnotes
in consolidated financial statement, in IFRS

CRRC Corporation Limited (known as CRRC, ChinaRailway Rolling Stock Corporation) is a Chinese state-owned and publicly traded rolling stock manufacturer. It is the world's largest rolling stock manufacturer in terms of revenue, eclipsing its major competitors Alstom and Siemens.

It was formed on 1 June 2015 through the merger of CNR and CSR. As of 2016 it had 183,061 employees. The parent company is CRRC Group, a state-owned enterprise supervised by the State-owned Assets Supervision and Administration Commission of the State Council. The State Council also owned additional shares via China Securities Finance and Central Huijin Investment.