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Chairman's Address
Thank you for your visiting and thank you all for concerning about and supporting China Railway Rolling Stock Corporation (CRRC) from the bottom of my heart!
China CNR Corporation Limited and CSR Corporation Limited merged into CRRC Corporation (CRRC). The CRRC not only inherits the excellent culture of CNR and CSR and the century-old history of China's rail transit equipment manufacturing industry, but also carries CRH's dream of "going global." On June 8, 2015, the CRRC was listed on the Shanghai Stock Exchange and Hong Kong Stock Exchange. The establishment of the CRRC is an important initiative for China's rail transit equipment industry to enhance the core competitiveness and create a world-class multinational corporation, as well as an important milestone in the rail transit development of China and even the world. In addition, it started a new journey for the internationalization of China's rail transit equipment industry.
The CRRC will adhere to independent innovation, open innovation and collaborative innovation. It has built the world leading rail transit equipment technology platform and manufacturing base. Its high-speed EMUs, high-power locomotives, railway wagons, urban rail vehicles and other typical products, which have fully reached world advanced level, can adapt to high temperature, high humidity, low temperature, sand storm and other complex climate conditions and meet diverse market needs. The CRRC has been one of the enterprises which have achieved a full cover of product lines in the global rail transit industry. At present, its products are exported to 102 countries and regions in the world. The export of products has also been changing to export of technologies, output of capital goods, and global business transformation. The global business network has been basically laid out.
In the face of a new starting point of development and new opportunities and challenges, by seizing the major strategic opportunities like the "Belt and Road" Initiative and the "Chinese manufacturing 2025," the CRRC will adhere to the ideal of revitalizing the national industry and the faith of developing, improving and expanding the state-owned key enterprises. With global vision, industry development and open mentality, it will base itself on the configuration of global resources, carry out international capacity cooperation, vigorously promote business mode innovation, technology innovation and management innovation, upgrade business quality, and fully build the world's leading high-end equipment system solution provider with multinational operations, so as to boost the "going global" of China's high-end equipment industry and return the shareholders and the community with excellent performance.
I sincerely hope that the friends from all walks of life would continue to pay attention to and support the CRRC. We will sincerely cooperate with the community and move forward together to jointly create a better future!
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