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Zhuzhou CRRC (formerly Zhuzhou CSR Times Electric Co. Ltd (TEC))
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Legal residence:China
Organization type:Consulting organization
Funding agencies: Asian Development Bank (HQ), World Bank HQ
Sectors: Electrical Engineering, Energy, Research, Rural Development, Urban Development
Status:
Active
About
Zhuzhou CSR Times Electric Co., Ltd is founded in 2005 from investment of 5 companies such as CSR Zhuzhou Electric Locomotive Research Institute Co., Ltd, etc. It is the secondary subsidiary of China South Locomotive & Rolling Stock Corporation Limited(CSR. It was listed in Hongkong stock exchange(ticker symbol 03898.HK) on December 20th , 2006. It is the first overseas-listed company in equipment manufacturing industry of railway transportation in China. It is also the company of Hunan province, which raised the most funds in the overseas capital market IPO.;
Zhuzhou CRRC Times Electric Co., Ltd. (TEC), a subsidiary of CRRC, is the world’s leading propulsion and control systems provider in the rolling stock industry. Led by Mr. Ding Rongjun, TEC has become a global power mall for railway transportation, infrastructure and utility. We produce propulsion and control systems for trains and electric vehicles, signaling systems, power supply solutions, platform screen doors, rail maintenance vehicles, marine engineering equipment and component products for various applications. For more than five decades, we have been shaping the transportation industry with our solutions, today TEC is operating internationally with over 7000 employees and 2.3 billion USD revenues in 2016.
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