 China South Locomotive and Rolling Stock Corporation Limited CSR is a limited liability company promoted by CSR Corporation in association with Beijing Railway Industry Economic and Trade Company with the approval of the State Council and the State-owned Assets Supervision and Administration Commission of the State Council SASAC. Founded on December 28, 2007, headquartered in Beijing, with a registered capital of 11.84 billion yuan, CSR went public in Shanghai and Hong Kong in August 2008, has established 17 wholly-owned and shareholding subsidiaries in 10 provinces and cities, and has nearly 90,000 employees.
CSR boasts a complete system of independent development, massive manufacturing and standard service of railway locomotives, passenger trains, freight wagons, bullet trains, metro vehicles and relevant parts. As China’s largest metro vehicle manufacturer, CSR owns China’s largest electric locomotive R & D and manufacturing base, a globally leading bullet train R & D and manufacturing base, an industrially leading large-power diesel locomotive and diesel engine R & D and manufacturing base, a domestically leading high-grade bus enterprise, a globally leading rail wagon R & D and manufacturing base, as well as three designated mass transit vehicle localization enterprises. At the same time, CSR uses proprietary rail transit equipment technologies to develop and expand the market of extended products, including electric vehicles, wind generation equipment, automotive parts, marine crankshafts and diesel engines, large-power semiconductor devices, construction machinery, etc.
CSR is an “innovative enterprise” accredited by the Ministry of Science and Technology, SASAC and All China Federation of Trade Unions. It owns four national R & D and experiment institutions including national engineering center of converting technology, national engineering laboratory of high-speed train system integration, national key laboratory of EMU and locomotive traction and control and national research center of high-speed EMU assembly engineering technology, six national nationally accredited corporate technical centers, seven test and experimental centers accredited by China National Accreditation Service for Conformity Assessment and six postdoctoral workstations, has established the first overseas industrial power and electronic R & D center of China’s rail transit equipment manufacturing in the U.S. and a semiconductor R & D centers in the UK. CSR’s technical R & D and manufacturing level has been up to advanced world standards, with its major products developing towards the technical objectives of “advancement, maturity, economy, applicability and reliability”, meeting the need of China’s rail transportation and accomplishing batch export. Currently, an array of CSR’s independently developed high-performance products and technologies, represented by bullet trains and large-power locomotives, have been up to advanced international standards, and CSR’s comprehensive strength has been in the forefront of world rail transit equipment manufacturing.
In the face of opportunities and challenges for the rail transportation industry in the new period, innovation-oriented CSR is actively adjusting to the development requirements of economic globalization, extending resource allocation, market development, technical innovation and customer services to the world, accelerating the modernization of China’s rail transit equipment with opener mind and broader vision in cooperation and win-win, manufacturing first-class products with first-class technologies and offering customers most valuable green products, in a bid to build an industrial pioneer and a globalized multinational most responsible for the society. |
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