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CNR Group

China Northern Locomotive & Rolling Stock Industry (Group) Corporation commonly known as CNR Group was a Chinese locomotive and rolling stock manufacturer, and later holding company of China CNR.[1]

CNR Group merged with CSR Group in 2015 to form CRRC.

History Edit

In 1986 the China National Railway Locomotive & Rolling Stock Industry Corporation [zh] (LORIC) was formed, comprising 35 production sites and 4 research centres. In 2002 the China Northern Locomotive & Rolling Stock Industry (Group) Corporation was spin-off from LORIC.[2] Its main competitor, the China South Locomotive and Rolling Stock Industry (Group) Corporation was formed in the same year.[3] Both CNR Group and CSR Group were also transferred from the Ministry of Railways to the State-owned Assets Supervision and Administration Commission of the State Council at that time.

CNR Group carried out import and export orders between 1998 and 2005 through the LORIC Import & Export Corp., Ltd.[4] The subsidiary CNR Logistic Development Corp., Ltd., established in 1998 deals with export sales of CNR vehicles and parts.[5]

In November 2005, CNR Group signed a 669 million euro agreement with Siemens under CEO Klaus Kleinfeld that gave them access to the intellectual property jewels of the latter. The first of these trains were to run in 2008 on the Beijing-Tianjin route. Only the first three of 60 trains were to be built in Germany. The balance were built in Tangshan, Hebei Province at the plant which is now named CRRC Tangshan.[6][7]

In 2008, a new Special purpose vehicle was incorporated, receiving major assets of the group and floated in both Shanghai and Hong Kong Stock Exchange. Some auxiliary assets of the group remained unlisted. The holding company also formed a new investment vehicle CNR Ship & Ocean Engineering Development in ship building. Chonghe Marine Industry was a minority shareholder in that vehicle .[8]

In 2015 CNR Group absorbed CSR Group, and renamed to CRRC Group; the flagship subsidiaries, China CNR and CSR, also merged as CRRC.

Exports Edit

References Edit

  1. ^ Tjia Yin-nor, Linda (October 2015). Explaining Railway Reform in China: A Train of Property Rights Re-arrangements. Routledge. ISBN 9781136212321.
  2. ^ wikisource:zh:国务院关于组建中国北方机车车辆工业集团公司有关问题的批复 (in Chinese)
  3. ^ . www.csrgc.com.cn. Archived from the original on 2011-07-07.
  4. ^ . www.chinacnr. Archived from the original on 4 October 2011. Retrieved 6 February 2011.
  5. ^ . www.chinacnr.com (in Chinese). Archived from the original on 2011-03-05. Retrieved 6 February 2011.
  6. ^ "Siemens gets Chinese bullet train contract". United Press International, Inc. 14 November 2005.
  7. ^ "Siemens wins large order from China for 60 high-speed trains". Siemens. 10 November 2005. The order content share allotted to Siemens is worth 669 million euros. A contract with the Chinese Ministry of Railways was signed today in Berlin by Siemens President and CEO Klaus Kleinfeld and Railway Minister Liu Zhijun on the occasion of a state visit to Germany by China's President Hu Jintao.
  8. ^ "Shipbuilding". Chonghe Marine Industry. Retrieved 11 June 2017.[permanent dead link]
  9. ^ . Archived from the original on 2017-05-27. Retrieved 2017-06-11.

External links Edit

  • Official website

group, china, northern, locomotive, rolling, stock, industry, group, corporation, commonly, known, chinese, locomotive, rolling, stock, manufacturer, later, holding, company, china, merged, with, group, 2015, form, crrc, contents, history, exports, references,. China Northern Locomotive amp Rolling Stock Industry Group Corporation commonly known as CNR Group was a Chinese locomotive and rolling stock manufacturer and later holding company of China CNR 1 CNR Group merged with CSR Group in 2015 to form CRRC Contents 1 History 2 Exports 3 References 4 External linksHistory EditIn 1986 the China National Railway Locomotive amp Rolling Stock Industry Corporation zh LORIC was formed comprising 35 production sites and 4 research centres In 2002 the China Northern Locomotive amp Rolling Stock Industry Group Corporation was spin off from LORIC 2 Its main competitor the China South Locomotive and Rolling Stock Industry Group Corporation was formed in the same year 3 Both CNR Group and CSR Group were also transferred from the Ministry of Railways to the State owned Assets Supervision and Administration Commission of the State Council at that time CNR Group carried out import and export orders between 1998 and 2005 through the LORIC Import amp Export Corp Ltd 4 The subsidiary CNR Logistic Development Corp Ltd established in 1998 deals with export sales of CNR vehicles and parts 5 In November 2005 CNR Group signed a 669 million euro agreement with Siemens under CEO Klaus Kleinfeld that gave them access to the intellectual property jewels of the latter The first of these trains were to run in 2008 on the Beijing Tianjin route Only the first three of 60 trains were to be built in Germany The balance were built in Tangshan Hebei Province at the plant which is now named CRRC Tangshan 6 7 In 2008 a new Special purpose vehicle was incorporated receiving major assets of the group and floated in both Shanghai and Hong Kong Stock Exchange Some auxiliary assets of the group remained unlisted The holding company also formed a new investment vehicle CNR Ship amp Ocean Engineering Development in ship building Chonghe Marine Industry was a minority shareholder in that vehicle 8 In 2015 CNR Group absorbed CSR Group and renamed to CRRC Group the flagship subsidiaries China CNR and CSR also merged as CRRC Exports EditSee also China CNR Exports DF7G C for Ferrocarriles de Cuba 9 References Edit Tjia Yin nor Linda October 2015 Explaining Railway Reform in China A Train of Property Rights Re arrangements Routledge ISBN 9781136212321 wikisource zh 国务院关于组建中国北方机车车辆工业集团公司有关问题的批复 in Chinese CSR Corporation Limited History www csrgc com cn Archived from the original on 2011 07 07 China CNR Corporation Limited Worldwide LORIC www chinacnr Archived from the original on 4 October 2011 Retrieved 6 February 2011 中车进出口有限责任公司 公司介绍 成员企业 中国北车股份有限公司 www chinacnr com in Chinese Archived from the original on 2011 03 05 Retrieved 6 February 2011 Siemens gets Chinese bullet train contract United Press International Inc 14 November 2005 Siemens wins large order from China for 60 high speed trains Siemens 10 November 2005 The order content share allotted to Siemens is worth 669 million euros A contract with the Chinese Ministry of Railways was signed today in Berlin by Siemens President and CEO Klaus Kleinfeld and Railway Minister Liu Zhijun on the occasion of a state visit to Germany by China s President Hu Jintao Shipbuilding Chonghe Marine Industry Retrieved 11 June 2017 permanent dead link Type DF7G C Diesel Loco for Cuba Archived from the original on 2017 05 27 Retrieved 2017 06 11 External links EditOfficial website Retrieved from https en wikipedia org w index php title CNR Group amp oldid 1141433677, wikipedia, wiki, book, books, library,

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