CRRC Corporation Limited

CRRC Corporation Limited is the world's largest rail transit equipment manufacturer, formed through the merger of CNR and CSR. Headquartered in Beijing, the company holds an unmatched global position with a comprehensive product portfolio spanning high-speed trains, locomotives, metro cars, and engineering machinery, serving over 100 countries and regions across six continents.

Core Business

CRRC operates the most extensive rail transit equipment value chain in the world. Its flagship product line includes the Fuxing (Revival) series high-speed trains—CR400AF/BF and CR300AF/BF—capable of commercial operations at 250–350 km/h, representing China's fully indigenous high-speed rail technology. The company manufactures a full spectrum of electric and diesel locomotives (Harmony and Shaoshan series), urban rail vehicles including metro cars, light rail, and modern trams, as well as freight wagons and railway maintenance machinery across all power classes and specifications.

Beyond rolling stock, CRRC produces critical subsystems such as traction and braking systems, and comprehensive track engineering solutions. The business is organized into four major segments: railway equipment (50% of revenue), urban rail and city infrastructure (25%), emerging industries (15%), and modern services (10%), delivering integrated R&D, design, manufacturing, and lifecycle service capabilities to clients worldwide.

Global Presence

CRRC operates a manufacturing footprint of 50+ production bases strategically distributed across China's major industrial regions, complemented by 30+ R&D centers forming a global technology network. The company employs approximately 160,000 staff, with over 40,000 R&D professionals accounting for more than 40% of its workforce. Operations span 100+ countries and regions, anchored by its dominant domestic market (80% of revenue) while rapidly expanding internationally with 20%+ growth in overseas revenue, particularly in Southeast Asia, the Middle East, Europe, and North America where it has achieved advanced technical certifications.

Key Strengths

CRRC's dominance is driven by its full-value-chain coverage and unrivaled scale: it commands over 50% global market share in high-speed rail vehicles, maintains a production capacity exceeding 500 standard EMU train sets and 10,000 urban rail cars annually, and holds 30,000+ active patents. Annual R&D investment exceeds CNY 125 billion (over 5% of revenue), supporting a product lineup from 50 to 600 km/h and participation in 200+ international standards. The company has obtained EU TSI and US APTA certifications, enabling full-factor exports of products, technology, standards, and services—a combination of scale, technological depth, and global reach that positions CRRC as the undisputed leader in global rail transit equipment.