Most popular CRRC signed a contract worth more tha

2022-07-24
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CRRC signed more than 30billion yuan of contracts in the first half of the year to become China's "golden card"

CRRC signed more than 30billion yuan of contracts in the first half of the year to become China's "golden card"

China Construction Machinery Information

state owned enterprises play an important role in the process of China's economic development and structural adjustment, and both undertake the leading role in the industry. Examples include ropes and slings, mooring lines, fishing lines, canvas and safety, It also plays a role in stabilizing employment. It is particularly important to participate in global competition and reflect national strength. CRRC is a pearl in this group. After decades of development, CRRC's products have spread across six continents, more than 100 countries and regions, and have become the leading enterprise of transportation equipment in China and even in the world. CRRC was merged from CSR and CNR last year. Since then, it has begun to move forward towards the great dream of "integrating the world and surpassing expectations"

excellent performance after the merger

CRRC, with the consent of the State Council and the approval of the state owned assets supervision and Administration Commission of the State Council, was an a+h-share listed company merged and established by CNR and CSR in accordance with the principle of reciprocity in 2015. With 46 wholly-owned and holding subsidiaries and more than 170000 employees, headquartered in Beijing, it is the world's largest rail transit equipment supplier with the most complete varieties and leading technologies

before the merger, there was no doubt about the annual performance of CSR and CNR. According to statistics, from 2011 to 2014, the overseas contract amount of CRRC was US $1.925 billion, US $3.588 billion, US $3.96 billion and US $6.747 billion respectively. After the merger in 2015, according to the company's annual report, the operating revenue last year was RMB 241.9 billion, an increase of 8.98% over the same period in 2014; Last year, the net profit was RMB 11.8 billion, an increase of 9.27% over the same period in 2014

according to the annual report, urban rail transit and new industries grew rapidly. The railway equipment sector grew slightly. During the period, the urban rail and urban infrastructure business increased by 36.3% year-on-year, mainly due to a large number of delivery of urban rail metro vehicles; The revenue of new industries increased by 28% year-on-year, mainly due to the increase in the revenue of power generation equipment and automotive equipment. The revenue of railway equipment sector increased slightly by 3% year-on-year, mainly due to the increase in the delivery of multiple units, while the delivery of locomotives, passenger cars and freight cars slowed down significantly. In terms of overseas business, during the annual report period, the company's revenue in Chinese Mainland was 215.34 billion yuan, a year-on-year increase of 4.5%, while the overseas revenue was 26.57 billion yuan, a year-on-year increase of 66.9%, and the proportion of overseas revenue increased from less than 10% in 2014 to 11% at present. In the whole year, the market contract amount reached 287.5 billion yuan, including the export contract amount of 5.781 billion dollars for international business, and the number of orders on hand at the end of the period was 214.4 billion yuan

on June 22 this year, the company announced that it had signed several major contracts in the first half of 2016, with a total amount of about 32.08 billion yuan

however, it is worth noting that due to the pressure of slowing down of national economic development, unbalanced market demand structure, as well as the deepening adjustment of global competition pattern and many other factors, the growth of domestic rail transit manufacturing market slows down, and the utilization of this material in China also shows an upward trend, which is inevitable. The restructured CRRC group is also actively expanding its non rail transit business and overseas markets in response to market operating pressure

building high-speed rail into a "golden card"

it is the consensus of the industry that with the acceleration of the transformation and upgrading of the domestic high-end equipment manufacturing industry, CRRC's high-speed rail trains are becoming more and more of a benchmark for innovation driven development. Under the demonstration of this "national card", more and more Chinese enterprises with core technology and independent intellectual property rights have gone abroad to form a "national team" of Chinese high-end industrial product brands participating in international competition, showing a bright "Chinese style" on the world stage

in terms of technology, through continuous innovation capacity-building and technological transformation, the company has built a number of R & D and manufacturing bases of high-speed EMUs, electric locomotives, diesel locomotives, urban rail vehicles, railway wagons, etc. with international advanced level and leading manufacturing scale in the world, which can not only meet the domestic volatile market demand, but also quickly respond to the global rail transit equipment market demand. Taking lean management as the main means to continuously improve the operation and management ability, the company has established an advanced quality control system and a whole industry chain production guarantee system with advanced manufacturing technology. The product manufacturing technology, main process equipment and measurement and detection methods have reached the international leading level, the product quality has been steadily improved, and the supporting role of informatization in the development of enterprises has been increasingly strengthened

China's rail transit equipment manufacturing industry sprouted in the late Qing Dynasty and grew up in the new China's railway construction cause in full swing. Under the guidance of the policy of "introducing advanced technology, joint design and production, and building Chinese brands" formulated by the State Council, it has undergone fundamental changes. p>

building rail transit equipment into China's "golden card" and a representative of China's high-end manufacturing going global is a specific way for CRRC people to practice the Chinese dream. The Chinese dream is not illusory, but consists of the dreams of thousands of enterprises and thousands of employees. CRRC's dream is to "become a world leading and multinational first-class enterprise group with rail transit equipment as the core". 1 generally speaking, each material has corresponding test standards to specify its tensile test speed

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