China CNR Corporation Limited (CNR) was a primary manufacturer of

locomotive A locomotive is a rail transport, rail vehicle that provides the motive power for a train. Traditionally, locomotives pulled trains from the front. However, Push–pull train, push–pull operation has become common, and in the pursuit for ...

s 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 to form

CRRC CRRC Corporation Limited (known as CRRC) 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 of Alstom and Siemens. ...

History

In 2008 China CNR was incorporated as the subsidiary of

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 CRR ...

(China Northern Locomotive & Rolling Stock Industry (Group) Corporation).Sources:

China Chengtong Holdings Group China Chengtong Holdings Group (CCT; ), is a Chinese state-owned investment holding company. The company's purpose is to enhance the efficiency of state-owned capital operations and pursue capital appreciation. It boasts an AAA credit and debt r ...

and

China Huarong Asset Management China CITIC Financial Asset Management (previously known as China Huarong) is a majority state-owned financial asset management company in China, with a focus on distressed debt management. It was one of the four asset management companies that ...

were minority shareholders. In the same year

CNR Dalian CRRC Dalian Co., Ltd. (), often abbreviated as DLoco, is a company located in Dalian, Liaoning Province, China, producing railway locomotives, multiple units and diesel engines. The factory was established in 1899 during the period of constructio ...

's CKD7C were exported to the Republic of Congo. The company made an

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

of $2bn in 2009 on the Shanghai stock exchange. From the early 21st century onwards the group began a strategic diversification into

wind turbine A wind turbine is a device that wind power, converts the kinetic energy of wind into electrical energy. , hundreds of thousands of list of most powerful wind turbines, large turbines, in installations known as wind farms, were generating over ...

manufacture - its first major new facility was a 500 turbine per year capacity factory in

Songyuan Songyuan ( zh, s=松原 , p=Sōngyuán) is a prefecture-level city in west-central Jilin province, China. History Even though the present city of Songyuan is predominantly modern in appearance, the area has a long history dating back to the N ...

, (built 2009–11), established through CNR Wind Power Co. The company expects to invest ~35 billion Yuan in CNR Wind Power to establish a full scale wind power industry. In 2013, the company began providing underground cars for Line A of the

Buenos Aires Underground The Buenos Aires Underground (), locally known as Subte (), is a rapid transit system that serves the area of the city of Buenos Aires, Argentina. The first section of this network (Plaza de Mayo–Plaza Miserere) opened in 1913, making it the L ...

in Argentina, with the 150 cars to make up the entirety of the line. That same year, the company delivered 20 locomotives and 220 coaches to the country for

Trenes Argentinos Trenes Argentinos is the name that has been given since 2014 to a group of state-owned companies of Argentina, responsible for the operation of passenger and freight trains, infrastructure, and personal management. Although all its components are ...

' long distance broad gauge rolling stock. CNR company began delivering 81 Diesel Multiple Units in 2015 for the

Belgrano Sur Line The Belgrano Sur line is an Argentina, Argentine commuter rail service in the Greater Buenos Aires area, currently operated by state-owned enterprise Operadora Ferroviaria Sociedad del Estado, Trenes Argentinos. The Belgrano Sur runs over track ...

in Buenos Aires, operated by

. In October 2014, CNR made a major breakthrough into the North American market by winning a $567 million contract to supply 284 metro cars for the

Massachusetts Bay Transportation Authority The Massachusetts Bay Transportation Authority (abbreviated MBTA and known colloquially as "the T") is the public agency responsible for operating most public transportation services in Greater Boston, Massachusetts. The MBTA transit network in ...

Orange Orange most often refers to: *Orange (fruit), the fruit of the tree species '' Citrus'' × ''sinensis'' ** Orange blossom, its fragrant flower ** Orange juice *Orange (colour), the color of an orange fruit, occurs between red and yellow in the vi ...

(Type B car) and

Red Red is the color at the long wavelength end of the visible spectrum of light, next to orange and opposite violet. It has a dominant wavelength of approximately 625–750 nanometres. It is a primary color in the RGB color model and a seconda ...

(Type A car) lines, with an option for 58 more. CNR plans to dedicate two manufacturing lines at a Chinese facility and build a 150,000 square-foot facility in

Springfield, Massachusetts Springfield is the most populous city in Hampden County, Massachusetts, United States, and its county seat. Springfield sits on the eastern bank of the Connecticut River near its confluence with three rivers: the western Westfield River, the ea ...

for final assembly of the vehicles. At the end of 2014 CNR and rival CSR announced their intention to merge, with CSR acquiring CNR shares at a ratio of 1 CNR : 1.1 CSR; the resultant company (value ~$26 billion) was to be named

. The two companies formally merged on 1 June 2015.

Manufacturing and research subsidiaries

The corporation has numerous subsidiaries at various sites in China: *Beijing Feb. 7th Railway Transportation Equipment Co., Ltd. *Beijing Nankou Railway Transportation Machinery Co., Ltd. *Changchun Railway Coach Co., Ltd. * Changchun Railway Vehicles Co., Ltd. * CNR Dalian Locomotive & Rolling Stock Co., Ltd. *CNR Dalian Locomotive Research Institute Co., Ltd. * CNR Datong Electric Locomotive Co., Ltd. *Harbin Railway Rolling Stock Co., Ltd. * CNR Jinan *Lanzhou Jinniu Railway Transportation Equipment Co., Ltd. *Qiqihar Railway Rolling Stock Co., Ltd. *Qingdao Sifang Rolling Stock Research Institute Co., Ltd. * Tangshan Railway Vehicle Co., Ltd *Tangshan Railway Transportation Equipment Co., Ltd. *Tianjin LJ Railway Transport Equipment Ltd. *Taiyuan Railway Rolling Stock Co., Ltd. *Yongji Xinshisu Electric Equipment Co., Ltd. *Xi’an Railway Rolling Stock Co., Ltd.

Exports

* Buenos Aires Underground 200 Series * BTS Skytrain EMU-B1 and EMU-B2 Stock

References

External links

Official website
(archived, 24 Mar 2017) {{CRRC Group Manufacturing companies established in 2008 Manufacturing companies disestablished in 2015 3 Companies formerly listed on the Shanghai Stock Exchange Companies formerly listed on the Hong Kong Stock Exchange Chinese brands 2015 mergers and acquisitions Defunct manufacturing companies of China Rolling stock manufacturers of China Defunct government-owned companies of China