CRRC Group Shijiazhuang Vehicle Factory

CSR Corporation Limited (Chinese abbreviation "CSR") was established with the approval of the State-owned Assets Supervision and Administration Commission of the State Council, jointly initiated by CSR Group and Beijing Tiegong Economic and Trade Company, with a total share capital of 7 billion shares at its establishment. The company was founded on December 28, 2007, and went public with A+H shares in August 2008. By the end of 2009, it had 16 wholly-owned and holding subsidiaries distributed across 10 provinces and cities in China, employing over 80,000 people. CSR is primarily engaged in the research and development, manufacturing, sales, repair, and leasing of railway locomotives, passenger cars, freight cars, EMUs, urban rail and subway vehicles, and key components, as well as extended industries of proprietary technologies for rail transit equipment, related technical services, information consulting, industrial investment and management, and import/export business. According to the International Standard Industrial Classification, it belongs to the transportation equipment manufacturing industry within machinery manufacturing.