CRRC Corporation Limited (601766.SS)

6.99 -0.10 (-1.41%) At close: 03:00PM CST

CRRC Corporation Limited

No. 16 Central West Fourth Ring Road
Haidian District
Beijing 100036
China
86 10 5186 2188
https://www.crrcgc.cc

Sector(s): Industrials
Industry: Railroads
Full-time employees: 154,292

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Yongcai Sun	Executive Chairman	1.04M	N/A	1964
Mr. Yunshuang Ma	Executive Director & President	947k	N/A	1971
Ms. Zheng Li	CFO & Chief Accountant	947.1k	N/A	1972
Mr. An Wang	Executive Director	N/A	N/A	1970
Mr. Jian Wang	Director of Finance & Capital Operation Center, Joint Company Secretary, Secretary to the BOD	1.05M	N/A	1972
Mr. Weiping Yu	Vice President	951.5k	N/A	1966
Mr. Shaoping Xiao	Joint Company Secretary	N/A	N/A	1972
Mr. Ye Bin	General Manager of Railroad Business Center	N/A	N/A	N/A
Mr. Feng Wang	Vice President	N/A	N/A	1973
Mr. Cunzeng Lin	Vice President	N/A	N/A	1973

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CNY.

Description

CRRC Corporation Limited, with its subsidiaries, engages in the research and development, design, manufacturing, refurbishment, sales, leasing, and technical servicing of railway locomotives and rolling stock in Mainland China and internationally. It provides rolling stock, including electric and diesel locomotives, trains, EMU, DMU, metro cars, LRVs, coaches, wagons, and track machinery; components, such as motors, electric control equipment, locomotive components, vehicle components, and casting and forging; and other products comprising trucks, buses, construction machineries, turnouts, wind turbines, and intelligent machines. The company also offers MUs, urban rail transit vehicles, engineering machinery, various electromechanical equipment, electronic equipment and components, electric devices, and environmental protection equipment, as well as technical services and equipment leasing of related products. In addition, it provides information consultation, industry investment, and management services; asset management; and import and export services. The company was formerly known as CSR Corporation Limited and changed its name to CRRC Corporation Limited in June 2015. CRRC Corporation Limited was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China. CRRC Corporation Limited operates as a subsidiary of CRRC GROUP Co., Ltd.

Corporate governance

CRRC Corporation Limited’s ISS governance QualityScore as of 1 May 2024 is 8. The pillar scores are Audit: 5; Board: 7; Shareholder rights: 10; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.