China CSR Zhuzhou Electric Locomotive Research Institute (including business headquarters) and its subsidiaries Zhuzhou CSR Times Electric Co., Ltd. and Zhuzhou Times New Materials Technology Co., Ltd. have more than 5,000 employees, total assets of over 5 billion yuan and annual sales income of over 2 billion yuan. Among them, Zhuzhou Electric Locomotive Research Institute of China South Locomotive Group, as the holding parent company, performs the functions of holding management and incubating and developing emerging industries; Zhuzhou CSR Times Electric Co., Ltd. is positioned as the leader of electric drive equipment in rail transit and expands into strong related fields; Zhuzhou Times New Materials Technology Co., Ltd. is positioned as a leader in vibration and noise reduction products, polymer composite modified materials and insulation materials.
Zhuzhou Institute and its subordinate enterprises are mainly engaged in the application research and engineering research of locomotive electric drive technology and industrial and civil converter technology, and undertake the development and production of electric locomotives, diesel locomotives, subway and light rail vehicles, buses, large road maintenance machinery, electric control devices for electric vehicles, power electronic devices, sensors, new materials and other products. Products are widely used in railway, urban rail, mining, metallurgy, chemical industry, machinery, electric power, construction and automobile industries, and exported to North America, Europe, West Asia, Southeast Asia and other places.
After years of development, Zhuzhou Institute has established a high reputation in the industry. Now it has become the supporting unit of the National Converter Technology and Engineering Research Center, the designated unit for the localization of AC drive and control system of urban rail traction equipment, the affiliated unit of the National Traction Electrical Equipment Testing Station, the domestic centralized unit of IEC/TC9 industry standard, and the affiliated unit of the Secretariat of the National Traction Electrical Equipment and System Standardization Technical Committee. Zhuzhou Institute is a key high-tech enterprise in Hunan Province, which has the right to operate the import and export of scientific and technological products and a postdoctoral research mobile station.