The company is a joint stock enterprise owned by CRRC. Its predecessor and parent company, CRRC Zhuzhou Electric Locomotive Research Institute Co., Ltd. was founded in 1959. The company took root in Zhuzhou, followed the two rails, and successfully listed on the Hong Kong Stock Exchange Limited on December 20, 2006. On September 7, 2021, it was successfully listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. The company is mainly engaged in R&D, design, manufacturing, sales and related services of rail transit equipment products, and has an industrial structure of “device+system+complete machine”. The company's products mainly include rail transit electrical equipment, rail construction machinery, communication signal systems, etc., mainly rail transit traction and conversion systems. Corporate honors: In 2013, it won the Ministry of Industry and Information Technology's Industrial Enterprise Quality Benchmark Enterprise; in 2017, the “Changsha Maglev Express Technology Engineering Complete System Technology Research and Engineering Application” won the Hunan Innovation Award; won the 2nd China Quality Award in 2016; won the Central Enterprise Advanced Grassroots Party Organization in 2016; won the National Youth Work Safety Demonstration Post in 2016; and the top ten leading intellectual property enterprises in Hunan Province in 2015.
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