CRRC is a central enterprise directly managed by the State-owned Assets Supervision and Administration Commission of the State Council. With the approval of China Securities Regulatory Commission, CRRC was listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange on June 8, 2005. By the end of 2065438+June 2006, the Group had 46 wholly-owned and holding subsidiaries with more than170,000 employees, and its headquarters was located in Beijing.
By the end of 20 16, CRRC products have been exported to 10 1 countries and regions around the world, covering six continents 1 1 market regions. From 20 1 1 to 20 14, the overseas contracts signed by CRRC were192.5 billion US dollars, 3.588 billion US dollars, 3.96 billion US dollars and 6.747 billion US dollars respectively, with an average annual increase of 55.7%.
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China South Locomotive will issue China South Locomotive A shares to all A-share convertible shareholders of CNR, and China South Locomotive H shares to all H-share convertible shareholders of CNR. The A shares to be issued will apply for listing and circulation on the Shanghai Stock Exchange, and the H shares to be issued will apply for listing and circulation on the Hong Kong Stock Exchange, and CNR A shares and H shares will be cancelled accordingly.
After the merger, the new company will inherit and undertake all assets, liabilities, business, personnel, contracts, qualifications and all other rights and obligations of China CSR and CNR. The Chinese name of the new company after the merger is "CRRC Company of China" for short.
Baidu encyclopedia-China CRRC Group Co., Ltd.