CRRC Wind Power Blades

Tianjin CRRC Wind Power Blade Engineering Co., Ltd. (hereinafter referred to as "Tianjin Blades"), is wholly owned by Zhuzhou Times New Material Technology Co., Ltd., a listed company under China CRRC Group, a large central state-owned enterprise. It is located at No. 81 Gaoxin Avenue, Beichen Economic Development Zone, Tianjin, and was officially established in June 2010 with a registered capital of RMB 200 million. The company is mainly engaged in the development, design, production, sales, and maintenance of components for large wind turbines and composite material products. Tianjin Blades occupies an area of 320 mu, with a total investment of RMB 390 million. By the end of 2011, the infrastructure construction of the project, including the main blade production workshop, storage yard, comprehensive building, and auxiliary facilities for the park roads (road, greening, and lighting facilities), had been completed. The production trial and R&D center, comprehensive building, and other facilities cover a building area of 19,435.89 square meters, while the blade production workshop and auxiliary facilities cover 41,408.46 square meters. As of the end of 2015, the company's total investment in production equipment was RMB 70.1039 million, with an annual production capacity of 800 sets of wind turbine blades.