Listing of CRRC in Shanghai and Hong Kong

FORM: 28/08/2015 Browse number:1199

On the morning of June 8, 2015, CRRC Corporation Limited (CRRC) was listed on both Shanghai Stock Exchange and Hong Kong Stock Exchange, announcing that the world's largest railway transportation equipment manufacturer had landed on the A-share market and H-share market synchronously. “The giant warship” carrying CRH's “going global” dream officially set sail on the capital market.

CRRC Chairman Cui Dianguo made a speech on the ceremony for the listing on the A-share market: “Taking the listing as a new starting point, CRRC will strive to establish a scientific and efficient corporate governance structure and organizational framework, a scientific decision-making system, a sound internal control mechanism, and a sophisticated risk management system, continue to deepen technological innovation, pursue advancement in the world, realize the new company's future development vision and strategic planning, and sincerely provide more comprehensive products and superior services to the society.”

CRRC is currently the largest world leading manufacturer and solutions provider of rail vehicles and has supplied products to almost 100 countries and regions worldwide. With the largest scale, most complete portfolio and advanced technology, CRRC has 175 700 employees, with headquarters in Beijing.

According to SCI Verkehr’s 2014 report of Worldwide Market For Railway Industries, CRRC hold many No.1 in world rolling stock market, such as, revenue, electric locos, diesel locos, HSTs, metro cars, coaches, and wagons.

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