Zhuzhou CSR Times Electric
Zhuzhou CRRC Times Electric Co. Ltd., abbreviated as TEC, is a Chinese train manufacturer. It is headquartered in Zhuzhou, Hunan Province. The company is a prominent maker of traction systems for locomotives, electric multiple units and urban transit train applications, which generates of the company's total sales. Despite both CRRC Times Electric and intermediate parent company CRRC were listed companies, the ultimate largest shareholder was the Central Government of China, via SASAC and CRRC Group. Since 5 September 2016 CRRC Times Electric is a constituent of Hang Seng China Enterprises Index. History Predecessors The parent company of the predecessors and current direct parent entity of Zhuzhou CRRC Times Electric, Zhuzhou Electric Locomotive Research Institute, was found in 1959 by the Ministry of Railways. (now known as , formerly CSR Zhuzhou Electric Locomotive Research Institute Co., Ltd., abb. CRRC ZELRI; subsidiary of listed company CRRC). In 2002, Zhuzhou Electr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Abbreviation
An abbreviation () is a shortened form of a word or phrase, by any method including shortening (linguistics), shortening, contraction (grammar), contraction, initialism (which includes acronym), or crasis. An abbreviation may be a shortened form of a word, usually ended with a trailing period. For example, the term ''etc.'' is the usual abbreviation for the list of Latin phrases, Latin phrase . Types A ''Contraction (grammar), contraction'' is an abbreviation formed by replacing letters with an apostrophe. Examples include ''I'm'' for ''I am'' and ''li'l'' for ''little''. An ''initialism'' or ''acronym'' is an abbreviation consisting of the initial letter of a sequence of words without other punctuation. For example, Federal Bureau of Investigation, FBI (wiktionary:FBI#Pronunciation, ), United States, USA (wiktionary:USA#Pronunciation, ), IBM (wiktionary:IBM#Pronunciation, ), BBC (wiktionary:BBC#Pronunciation, ). When initialism is used as the preferred term, acronym refers mor ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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CRRC Zhuzhou Locomotive
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 the 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. (). Subsidiaries * CRRC Kuala Lumpur Maintenance Sdn Bhd (Formerly known as CSR Kuala Lumpur Maintenance Sdn Bhd) * Vossloh Rolling Stock Gm ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Siemens
Siemens AG ( ) is a German multinational technology conglomerate. It is focused on industrial automation, building automation, rail transport and health technology. Siemens is the largest engineering company in Europe, and holds the position of global market leader in industrial automation and industrial software. The origins of the conglomerate can be traced back to 1847 to the ''Telegraphen Bau-Anstalt von Siemens & Halske'' established in Berlin by Werner von Siemens and Johann Georg Halske. In 1966, the present-day corporation emerged from the merger of three companies: Siemens & Halske, Siemens-Schuckert, and Siemens-Reiniger-Werke. Today headquartered in Munich and Berlin, Siemens and its subsidiaries employ approximately 320,000 people worldwide and reported a global revenue of around €78 billion in 2023. The company is a component of the DAX and Euro Stoxx 50 stock market indices. As of December 2023, Siemens is the second largest German company by market ca ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Siemens Traction Equipment Ltd
Siemens AG ( ) is a German Multinational corporation, multinational technology Conglomerate (company), conglomerate. It is focused on Industrial control system, industrial automation, Building automation , building automation, rail transport and health technology. Siemens is the largest engineering company in Europe, and holds the position of global market leader in industrial automation and industrial software. The origins of the conglomerate can be traced back to 1847 to the ''Telegraphen Bau-Anstalt von Siemens & Halske'' established in Berlin by Werner von Siemens and Johann Georg Halske. In 1966, the present-day corporation emerged from the merger of three companies: Siemens & Halske, Siemens-Schuckert, and Siemens-Reiniger-Werke. Today headquartered in Munich and Berlin, Siemens and its subsidiaries employ approximately 320,000 people worldwide and reported a global revenue of around €78 billion in 2023. The company is a component of the DAX and Euro Stoxx 50 stock mark ... [...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 Corporation Limited, 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 CRRC Dalian, CNR Dalian's CKD7C were exported to the Republic of Congo. The company made an Initial public offering, 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 i ... [...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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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. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market capitalization as of August 2024. The exchange plays a crucial role in connecting international investors with Mainland China, mainland Chinese companies, serving as a major platform for capital raising. Unlike Chinese stock exchanges (other), mainland Chinese exchanges, it operates under Hong Kong’s distinct regulatory framework, which allows greater access to foreign investors. The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing, Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists () and that in 2021 became the world's largest bourse operator in terms of market capitalization, surpassing Chicago-based CME Group, CME. A 20 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Law On Industrial Enterprises Owned By The Whole People
Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behavior, with its precise definition a matter of longstanding debate. It has been variously described as a science and as the art of justice. State-enforced laws can be made by a legislature, resulting in statutes; by the executive through decrees and regulations; or by judges' decisions, which form precedent in common law jurisdictions. An autocrat may exercise those functions within their realm. The creation of laws themselves may be influenced by a constitution, written or tacit, and the rights encoded therein. The law shapes politics, economics, history and society in various ways and also serves as a mediator of relations between people. Legal systems vary between jurisdictions, with their differences analysed in comparative law. In civil law jurisdictions, a legislature or other central body codifies and consolidates the law. In common law systems, judges m ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and Republic of Ireland, Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalization, nationalised concer ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ningbo
Ningbo is a sub-provincial city in northeastern Zhejiang province, People's Republic of China. It comprises six urban districts, two satellite county-level cities, and two rural counties, including several islands in Hangzhou Bay and the East China Sea. Ningbo is the southern economic center of the Yangtze Delta megalopolis. The port of Ningbo–Zhoushan, spread across several locations, is the world's busiest port by cargo tonnage and world's third- busiest container port since 2010. Ningbo is the core city and center of the Ningbo Metropolitan Area. To the north, Hangzhou Bay separates Ningbo from Shanghai; to the east lies Zhoushan in the East China Sea; on the west and south, Ningbo borders Shaoxing and Taizhou respectively. As of the 2020 Chinese national census, the entire administrated area of Ningbo City had a population of 9.4 million (9,404,283). Ningbo is one of the 15 sub-provincial cities in China, and is one of the five separate state-planning cities ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Share Capital
A corporation's share capital, commonly referred to as capital stock in the United States, is the portion of a corporation's equity that has been derived by the issue of shares in the corporation to a shareholder, usually for cash. ''Share capital'' may also denote the number and types of shares that compose a corporation's share structure. Definition In accounting, the share capital of a corporation is the nominal value of issued shares (that is, the sum of their par values, sometimes indicated on share certificates). If the allocation price of shares is greater than the par value, as in a rights issue, the shares are said to be sold at a premium (variously called share premium, additional paid-in capital or paid-in capital in excess of par). This equation shows the constituents that make up a company's real share capital: : \sum\text \times \text This is differentiated from share capital in the accounting sense, as it presents nominal share capital and does not take t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |