CSR Corporation Limited ( CSR ), formerly known as China South Locomotive & Rolling Stock Corp was a Chinese manufacturer of locomotive and rolling stock.
18-571: In 2015, the company merged with China CNR to form CRRC . In 2007 the China South Locomotive & Rolling Stock Corporation Limited (CSR) was formed. as a special purpose vehicle for potential initial public offering for the major assets of state-owned CSR Group . Some auxiliary assets were left in the group and remained unlisted. The company's H shares were first traded on the Hong-Kong stock market on 21 August 2008,
36-647: A 150,000 square-foot facility in Springfield, Massachusetts for final assembly of the vehicles. At the end of 2014 CNR and rival CSR announced their intention to merge, with CSR acquiring CNR shares at a ratio of 1 CNR : 1.1 CSR; the resultant company (value ~$ 26 billion) was to be named CRRC . The two companies formally merged on 1 June 2015. The corporation has numerous subsidiaries at various sites in China: Buenos Aires Underground 200 Series The 200 Series
54-564: A full scale wind power industry. In 2013, the company began providing underground cars for Line A of the Buenos Aires Underground in Argentina, with the 150 cars to make up the entirety of the line . That same year, the company delivered 20 locomotives and 220 coaches to the country for Trenes Argentinos ' long distance broad gauge rolling stock. CNR company began delivering 81 Diesel Multiple Units in 2015 for
72-498: Is a set of underground cars manufactured by China CNR Corporation and CITIC Construction for use on Line A of the Buenos Aires Underground in Argentina . The cars replace the 100-year-old La Brugeoise cars which operated on the line up until 2013. The Buenos Aires Underground ordered 45 of these units, followed by a further 105 which have been put into service on the line. Since the opening of Line A in 1913, it had used
90-719: The Belgrano Sur Line in Buenos Aires, operated by Trenes Argentinos . In October 2014, CNR made a major breakthrough into the North American market by winning a $ 567 million contract to supply 284 metro cars for the Massachusetts Bay Transportation Authority 's Orange (Type B car) and Red (Type A car) lines, with an option for 58 more. CNR plans to dedicate two manufacturing lines at a Chinese facility and build
108-493: The 100-year-old La Brugeoise cars. By 2013, Line A was 3 km longer, with four more stations than had been serviced by the 120 La Brugeoise cars. This caused a serious shortage of rolling stock and Fiat-Materfer cars were brought in, along with some Siemens-Schuckert Orenstein & Koppel cars taken out of retirement and remodelled, to make up for these shortages. In 2014, the City of Buenos Aires purchased another 105 of
126-477: The 200 Series cars at a much lower cost of $ 1.53 million per unit. This brought the total to 150 cars on the line, 30 more than the number of La Brugeoise cars serving on the line before its two extensions. The first cars from the second order began to arrive in the port of Buenos Aires in early 2015, with the rest arriving through to early 2017. These new cars gradually replaced the Siemens and Materfer stock on
144-466: The Argentine rolling stock manufacturer Emprendimientos Ferroviarios . At the end of 2014 CSR and its rival CNR announced their intention to merge, with a 1:1 share swap; the resultant company (value ~$ 26billion) was to be named CRRC . The two companies formally merged on 1 June 2015. At the time of the restructuring and share issue in 2008 the company had 20 subsidiaries: The main factories for
162-827: The CSR along with members of the Gupta family were accused of trying to improperly influence the awarding of a R51 billion (US$ 6 billion) 2012 contract for CSR to deliver 600 trains to the South African Passenger Rail Agency . It was later reported that the future South African Public Protector Busisiwe Mkhwebane was also allegedly implicated in the deal when she worked as Counselor Immigration and Civic Services in South Africa's embassy in China. China CNR China CNR Corporation Limited (CNR)
180-554: The company's A shares began trading on the 18 August 2008. The shares also began trading on the Shanghai Stock Exchange in August; $ 1.57 billion was raised in the share offers. A 40% stake in the company was offered in total on the two exchanges. On 26 December 2011, CSR announced that it had successfully tested a super high speed train that was capable of traveling at 500 km/h. In February 2014, CSR acquired
198-533: The line later as stand-ins for the 200 Series units which had yet to arrive from China. In 2008, 45 of the CITIC-CNR cars (tailor-made for Line A) were ordered by the National Government for the network at a cost of $ 3 million per car. However, this was still short of the 120 La Brugeoise cars operating on the line at that point and the addition of Puán and Carabobo stations in 2008 meant that
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#1732782484610216-894: The manufacture of locomotives are installed in Zhuzhou (electric locomotives), Ziyang , Luoyang, Xiangfan (diesel locomotives), Qishuyan , and Chengdu (the latter two also producing carriages). Carriages are built in factories in Nanjing, Zhuzhou, Beijing, Meishan, Wuchang, Tongling, Shijiazhuang, Wuhan and Guiyang. The company has two research institutes in Zhuzhou and Qishuyan. Main models manufactured: The firm also built subway trains, particularly for networks in Shanghai Metro and Beijing Metro . A joint venture between CSRC and Australian -based United Group manufactured MTR with 21 Phase IV LRV cars delivered in 2009. In June 2016
234-496: The rolling stock was already stretched to full capacity. Furthermore, the opening of San José de Flores and San Pedrito stations was planned for 2013, which was also the date the CITIC-CNR trains were set to arrive along with the retirement of the La Brugeoise cars. The cars arrived in 2013 and the line was temporarily closed down at the start of that year in order to convert the voltage to 1500 V for their integration. At
252-486: The same La Brugeoise et Nicaise et Delcuve rolling stock (along with a small number of UEC Preston cars at one point). Over the years, numerous attempts were made to replace the rolling stock on the line, though this proved challenging due to its tight curves and use of 1100 volts current instead of the 1500 volts used on the rest of the network. One such attempt was the Alstom Metropolis cars purchased at
270-483: The same time, newer forced ventilation systems were installed to accommodate the hot air extracted by the air conditioning units of the new rolling stock. The line re-opened in March 2013 with the 45 cars operational. They were praised for their quiet operating noise (the lowest in the network) and for their inclusion of newer features such as air conditioning , automated announcements and good lighting which were lacking in
288-725: The same year CNR Dalian 's CKD7C were exported to the Republic of Congo. The company made an IPO of $ 2bn in 2009 on the Shanghai stock exchange. From the early 21st century onwards the group began a strategic diversification into wind turbine manufacture - its first major new facility was a 500 turbine per year capacity factory in Songyuan , (built 2009–11), established through CNR Wind Power Co. The company expects to invest ~35 billion Yuan in CNR Wind Power to establish
306-529: The turn of the 21st century, however these ultimately ended up serving on Line D . Before then, an attempt at creating a single, standardised rolling stock model for the entire network had been made in the 1980s in the form of the Fiat-Materfer cars produced in Argentina, which had also been designed to easily switch from 1500 V to 1100 V with Line A in mind. The Materfer cars were not used on Line A at their time of production, although were allocated to
324-619: Was a primary manufacturer of locomotives and rolling stock for the Chinese market. The company has also exported to over 80 countries and regions, including Argentina, Australia, Brazil, France, Hong Kong, New Zealand. Saudi Arabia, Taiwan and Turkey. In 2015, the company merged with CSR to form CRRC . In 2008 China CNR was incorporated as the subsidiary of CNR Group (China Northern Locomotive & Rolling Stock Industry (Group) Corporation). China Chengtong Holdings Group and China Huarong Asset Management were minority shareholders. In
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