Is Zhuzhou CRRC Times Electric a private enterprise?

No Zhuzhou CRRC Times Electric Co., Ltd. is a joint-stock enterprise under CRRC, which was established in 2005 and listed on China Stock Exchange in 2006. Zhuzhou CRRC era electric is not a private enterprise. Its predecessor and parent company CRRC Zhuji Electric Locomotive Research Institute Co., Ltd. was established in 1959. In the CRRC era, electricity took root in Zhuzhou, took good care of the two rails and walked out of them. It was successfully listed on China Stock Exchange in 2006 and won the second "China Quality Award" 20 16, with an operating income of over 654.