CRRC QINGDAO SIFANG ROLLING STOCK RESEARCH INSTITUTE

CRRC Qingdao Sifang Rolling Stock Research Institute Co., Ltd. (hereinafter referred to as CRRC SRI) was founded in 1959 and transformed from a scientific research institution into a company in 2000, which is affiliated with China CNR Corporation Limited. CRRC SRI becomes a wholly owned subsidiary of CRRC Corporation Limited in 2015 when China CNR Corporation Limited merged with China CSR Corporation Limited as CRRC. The company covers an area of more than 200 thousand square meters, where the headquarter located in Ruichang road Shibei district covers an area of 70 thousand square meters and the industrial park areas in Qingdao National High-tech Industrial Development Zone covers an area of 130 thousand square meters. The company’s registered capital is 1.29 billion Yuan, with 2 wholly-owned subsidiaries and holding shares of 6 joint ventures. With more than 50 years of development, CRRC SRI has become the major professional and large-scale research and production base of the key systems and parts for China's rail transit, and the important supplier of technologies and products for China's rail vehicle key systems.