Yong Cai Sun

China CNR Corp. Ltd. engaged in the manufacture and sale of rail transportation equipment and solutions. It operated through the following business divisions: Manufacture and Refurbishment of Rolling Stock Products, Manufacture of Mechanical and Electrical Products, Modern Service Business, and Emerging Industry Business. The Manufacture and Refurbishment of Rolling Stock Product division manufactures multiple units, locomotives, passenger coaches, freight wagons, rapid transit vehicles, and railway engineering machinery and equipment and core systems and components of rolling stocks. The Manufacture of Mechanical and Electrical Products division manufactures motors and gearboxes for oil drilling machines, mining machinery, and metallurgical machinery, springs, and air springs. The Modern Service Business division engages in raw materials trading, project management contracting services, and finance leasing. The Emerging Industry Business division is involved in clean energy, energy conservation and environmental protection equipment and systems, and enterprise resource planning services, and other information technology services. The company was founded on June 26, 2008 and was headquartered in Beijing, China.

CRRC Group Co., Ltd. engages in the management of state-owned assets and equity, capital, investment, assets, and asset trust. It involves in the research and development, sale, and lease of transportation and urban infrastructure, new energy, energy-saving, and environmental protection equipment. It designs, manufactures, and repairs railway locomotives, urban rail transit vehicles, railway cranes, electronic equipment, and electrical equipment and components. The company was founded on July 1, 2002 and is headquartered in Beijing, China.