Headquartered in Beijing, CRRC Corporation Limited (CRRC) has 46 wholly-owned and majority-owned subsidiaries with over 180,000 employees.
CRRC is the world's largest supplier of rail transit equipment with the most complete product lines and leading technologies. Its main businesses cover the R&D, design, manufacture, repair, sale, lease and technical services for rolling stock, urban rail transit vehicles, engineering machinery, all types of electrical equipment, electronic equipment and parts, electric products and environmental protection equipment, as well as consulting services, industrial investment and management, asset management, and import and export.
CRRC’s revenues in 2015 were USD 37.8 billion, ranking at 266 on the Fortune Global 500 List. R&D investment was EUR1.408 billion, ranking at 96 among the world’s top 2,500 R&D investors.
CRRC will improve its technological innovation system, and constantly upgrade its technological innovation capabilities. It has built the world’s leading rail transit equipment technology platform and manufacturing base. Its world-class products like high-speed trains, high-power locomotives, railway trucks, and urban rail transit vehicles can adapt to various complex geographical environments and meet diverse market needs. The high-speed trains manufactured by CRRC have become one of the jewels in China’s crown to showcase China's development achievements to the world.
In the future, our mission is to connect the world through better mobility, and our goal is to continue innovation, reform and internationalization. CRRC will vigorously implement the strategy for internationalization, diversification and collaborative development, and strive to be the world's leading provider of high-end equipment system solutions with rail transit equipment as the core, which is capable of multinational operations.
CRRC is committed to supplying products and services that offer energy-conservation, eco-friendliness, cost efficiency, intelligence, speed and comfort. Joining hands with you, our dear customers and friends, CRRC will find the most effective solutions for the sustainable development of railway transportation.