Investment participation

Guangzhou Zhongche Railway Vehicles Equipment Joint-Stock Co.,Ltd.

In 1956: Guangzhou Refrigeration Machine Factory was established, and it was one of the ten main refrigeration equipments manufacturers in China.

In 2001: Guangzhou Refrigeration Machine Factory was transformed into the privately owned enterprise - Guangzhou Refrigeration Machine Company.

In 2003: Guangzhou Refrigeration Machine Company was transformed into the stock enterprise - Guangzhou Zhongche Railway Vehicles Equipment Joint-Stock Co., Ltd.

CRRC QINGDAO SIFANG CO.,LTD.

CRRC Qingdao Sifang Rolling Stock Co., Ltd. (hereinafter referred to as "CRRC Sifang Co., Ltd")

is the core enterprise of CRRC, the industrialization base of China's high-speed trains, the manufacturer of domestic metro and light rail vehicles and the important export base of national rail transit equipment products.

CRRC Sifang Co., Ltd. has a complete system of independent development, scale manufacturing and high-quality service of rail transit equipment. The company is a national high-tech enterprise, which has four national R & D and test institutions, namely, the national high-speed EMU assembly engineering technology research center, the National Engineering Laboratory for high-speed train system integration, the national technology center and the postdoctoral research workstation, and has established overseas R & D centers in Germany, Britain and Thailand. The industry's first-class simulation and analysis platform, test and verification platform, high-level R & D team with complete categories, and open technology innovation system for production, learning and research have formed the company's strong technology innovation ability. Covering an area of 1.77 million square meters, a manufacturing base with excellent equipment, advanced technology, specialization and large-scale has formed seven product platforms, including high-speed EMU, intercity EMU, metro vehicle, modern tram, monorail vehicle, high-end railway passenger car and internal combustion EMU, with the manufacturing level ranking the first in the world.

CRRC Sifang Co., Ltd. is in the leading position in the industry in R & D and manufacturing of high-speed EMUs, intercity and city EMUs. China's first 200 km / h high-speed EMU, first 300 km / h high-speed EMU, first 380 km / h high-speed EMU, first Fuxing EMU and first intercity EMU were all born here. At present, the company has formed a series of high-speed EMUs and intercity EMUs products with different speed grades and different operation requirements. Crh380a high-speed EMU independently developed by the company has created the world's fastest railway operation test speed of 486.1 km / h. The cr400af developed by the company has achieved 350 km / h operation, making China the country with the highest commercial operation speed of high-speed rail in the world.The Qinghai Tibet railway project and Beijing Shanghai high speed railway project participated by ＣRRC Sifang Co., Ltd. won the national science and technology progress award. The company's rail transit equipment products have been exported to more than 20 countries and regions in the world while meeting the domestic market demand.

As a member of rail transit equipment manufacturing industry, CRRC Sifang Co., Ltd. will continue to adhere to the business philosophy of "quality first, innovation leading, customer-oriented", and strive to build an outstanding enterprise with rail transit passenger transport equipment as the core.