China Railway Signal&Communication Co., Ltd. (referred to as CRRC, stock code: 688009.SH, 03969. HK) is a large central enterprise directly supervised by the State owned Assets Supervision and Administration Commission of the State Council. It is a high-tech industrial group characterized by rail transit control technology and a leading global provider of rail transit control systems. China CRRC has a complete industrial chain of investment and financing, design and development, system integration, equipment manufacturing, engineering services, and operation and maintenance. It is the centralized unit for the standardization, technical standards, and product standards of China's rail transit control system equipment. In recent years, China Communications Technology Co., Ltd. has won the A-level performance evaluation for central enterprises for four consecutive years. In 2015, it successfully listed on the Hong Kong Stock Exchange. In 2019, it was the first central enterprise and the first A+H-share company to list on the Shanghai Stock Exchange's Science and Technology Innovation Board. There are currently 14 important secondary enterprises with a total of more than 20000 employees.
China Railway Signal&Communication Corporation (CRRC) is a core enterprise that ensures the safe operation of national rail transit. It is a representative of China's high-speed rail control system technology and national industry, and a leader in leading the global railway industry with the most core technology of China's high-speed rail. The world leading train control technology of China Railway Signal&Communication provides safety guarantees for 150000 kilometers of railways and over 40000 kilometers of high-speed railways in China. It has established and improved more than 60000 high-speed railway test cases, exceeding the total number of foreign multinational enterprises. It is a prominent advantage of China's high-speed railway construction and operation and a valuable asset of the world's rail transit industry. In recent years, China Railway Express has successfully developed autonomous driving technology for high-speed trains with speeds of 200 kilometers per hour and 350 kilometers per hour, marking that China's high-speed train operation control system technology has become at the forefront of the world.
The train control system of high-speed rail is the "brain and central nervous system" of high-speed rail, and is one of the three core technologies of China's high-speed rail. CRSC adheres to the technological path of introducing, digesting, absorbing and re innovating, speeds up independent innovation, realizes the full autonomy of the technology and 100% localization of products of China's high-speed railway and subway train control systems, and has completed major breakthroughs in the core independent technologies of rail transit, such as high-speed train control system (CTCS-3), high-speed auto drive system (CTCS-3+ATO), subway train control system (CBTC), intercity railway train control system (CTCS-2+ATO), medium and low speed maglev control system, freight marshalling station integrated automation system, railway integrated intelligent operation and maintenance system, and integrated transportation dispatching and command system. It firmly holds the core technologies of rail transit in its own hands, and fundamentally protects the country Railway construction and transportation safety provide core technical support for the implementation of the "the Belt and Road" initiative and the "going global" of high-speed railway.
As the national team and main force of China's high-speed rail construction, China Railway Signal&Communication has participated in the construction of all major domestic high-speed rail projects, including the Beijing Tianjin Intercity Railway, Beijing Shanghai High speed Railway, Wuhan Guangzhou High speed Railway, Harbin Dalian High speed Railway, and Lanzhou Xinjiang High speed Railway. Provide core train control technology and equipment for over 95% of China's high-speed railways that have been put into operation; China Railway Signal&Communication Corporation shoulders the mission of independent innovation, applying mature high-speed rail control system technology to the field of urban rail transit. It has participated in more than 140 subway projects in over 40 cities including Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Nanjing, and Wuhan, with a market share of over 65%. As an important member of the "Going Global" Alliance of China's high-speed rail, we have extensively participated in high-speed rail projects in more than 10 countries and regions, including Indonesia's Jakarta Bandung high-speed rail, Hungary Serbia railway, and China Laos railway, and have made positive progress, showcasing the beautiful national business card of "China's high-speed rail" to the world.
China Railway Signal&Communication Corporation always remembers the mission entrusted to central enterprises by the Party Central Committee, and takes it as its own responsibility to develop national industries and technologies. While maintaining its global leading position in the field of rail transit communication signals, China Railway Signal&Communication Corporation empowers the rail transit industry with the "six cores, one body, two wings" strategy, radiates new industries, builds a "rail transit+N" industry coordinated development pattern, and accelerates its progress towards becoming a world-class enterprise with global competitiveness.
