Zhuzhou CRRC Times Electric Co., LtdCRRC Times Electric (hereinafter referred to as CRRC Times Electric) is a joint-stock enterprise under CRRC, established in 2005. Its predecessor and parent company, CRRC Zhuzhou Electric Locomotive Research Institute Co., Ltd., was founded in 1959. In 2006, it was successfully listed on the Hong Kong Stock Exchange (stock code: HK3898), and in 2021, it was successfully listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange (stock code: 688187).
CRRC Times Electric is based on the two major tracks of transportation and energy, with the goal of creating first-class and high-quality development. We always adhere to innovation driven and concentric diversified development, and are committed to providing society with safe, intelligent, green, and comfortable high-end equipment. We aspire to become the world's preferred supplier of comprehensive solutions for electrical systems in the fields of transportation and energy, and a world-class professional leading demonstration enterprise. After long-term accumulation and development, a complete industrial chain structure of "basic components+devices and systems+complete machines and engineering" has been formed, involving industries such as rail transit, new energy generation, power electronic devices, passenger car electric drives, sensors, industrial transmission, marine equipment, etc; Having a complete supply chain system, manufacturing system, marketing and after-sales service network, with business covering more than 20 countries and regions around the world; Led the development of multiple international standards and won over a hundred scientific and technological awards such as the China Patent Gold Award and the National Science Progress Second Prize. It has honed a team of high-end technical talents with academicians as the core, and is a high-tech enterprise with independent intellectual property rights, with broad development space and prospects.
For over 60 years, CRRC Times Electric has always fulfilled the responsibilities of a central enterprise and actively participated in major national strategies. As a pioneer and leader in China's electrified railway equipment industry, we are committed to the independent research and industrialization of traction transmission and control systems, which are known as the "heart" and "brain" of trains. We continue to lead the domestic rail transit electrical system market and support China's "Belt and Road" and "High end Equipment Going Global" goals; In the new era of building a modern industrial system and accelerating the construction of a new development pattern, we must firmly grasp the historical development opportunities of the new round of technological revolution and industrial transformation, deepen the development of strategic emerging industries, and the semiconductor field has become a leading domestic enterprise; Green equipment such as new energy generation and new energy vehicles have entered the first tier of the industry, fully leveraging the active role of state-owned enterprises in building a safe, stable, independent and controllable industrial and supply chain.
