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CSR Group

CSR Group Corporation
Formerly called
China South Locomotive and Rolling Stock Industry (Group) Corporation
state-owned enterprise
Fate merged with CNR Group
Predecessor Half of China National Railway Locomotive & Rolling Stock Industry Corporation
Successor CRRC Group
Founded 2002
Founder Ministry of Railways
Defunct 2015
Revenue IncreaseCN¥121.321 billion (2014)
Increase CN¥006.600 billion (2014)
Profit Increase CN¥002.613 billion (2014)
Total assets Increase CN¥156.782 billion (2014)
Total equity Increase CN¥023.987 billion (2014)
Owner Chinese Government (100%)
Parent SASAC
Subsidiaries
CSR
South Huiton (42.64%)
Footnotes / references
in consolidated financial statement
CSR Group Corporation
Simplified Chinese 中国南车集团公司
Traditional Chinese 中國南車集團公司
CSR Group
Simplified Chinese 南车集团
Traditional Chinese 南車集團
China South Locomotive and Rolling Stock Industry (Group) Corporation
Simplified Chinese 中国南方机车车辆工业集团公司
Traditional Chinese 中國南方機車車輛工業集團公司

CSR Group Corporation formerly known as China South Locomotive and Rolling Stock Industry (Group) Corporation (CSRG), was a Chinese locomotive and rolling stock manufacturer. In 2007, the major assets of the group was spin-off and formed CSR Corporation Limited, making the corporation became a holding company only. In 2015 CSR Group was merged with CNR Group to form CRRC Group.

In 1986 the China National Railway Locomotive & Rolling Stock Industry Corporation () (LORIC) was formed, comprising 35 production sites and 4 research centres. In 2002 LORIC was separated from the Ministry of Railways and China South Locomotive and Rolling Stock Industry (Group) Corporation (CSRG, Chinese: 中国南方机车车辆工业集团公司) was formed. Its main competitor, the China North Locomotive and Rolling Stock Industry (Group) Corporation was formed in 2002.

In 2002 the group manufactured the 270 km/h (170 mph) China Star high speed EMU at the Zhuzhou Electric Locomotive Works.

Between 2004 and 2007 CSR had ~50% of the internal Chinese market for locomotives and ~80% of the market for multiple units (by volume), as well as a ~50% share in locomotive and wagon refurbishment. In the same period overseas sales accounted for ~7-8% of revenue.

In 2008 most of the assets were floated as China South Locomotive & Rolling Stock Corp., Ltd. (later known as CSR Corporation Limited), except some auxiliary assets, as well as the shares of South Huiton.

In April 2010 the Chinese name of CSR Group was renamed (Chinese: 中国南车集团公司).


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