Zhuzhou CRRC Times Electric Co., Ltd. Overview
Pro stress-test →Zhuzhou CRRC Times Electric engages in the provision of propulsion and control systems, offering traction converter systems, power supply systems, informationization and intelligent system products, test equipment, urban rail vehicle door systems, and communication and signaling systems. The company is a prominent maker of traction systems for locomotives, electric multiple units and urban transit train applications, generating about 70% of the company's total sales.
Strategic Profile
Pro stress-test →The company's ultimate largest shareholder is the Central Government of China, via SASAC and CRRC Group. The company also offers new energy products including wind power inverter, PV inverter, storage systems, and hydrogen power supply, and industrial products comprising industrial electrified products, electric drive systems of new energy vehicles, marine engineering equipment, power semiconductor devices, and sensors.
Competitive Landscape
Pro stress-test →The company participates in Siemens Traction Equipment Ltd. (STEZ), a joint venture between Siemens (50%), Zhuzhou CRRC Times Electric (30%) and CRRC Zhuzhou Locomotive (20%), which produces AC drive electric locomotives and AC locomotive traction components. Main competitors in rail propulsion systems include CRRC Zhuzhou Locomotive and international manufacturers like Siemens.
Industry Context
Zhuzhou CRRC Times Electric Co., Ltd. operates in Rail Transit Equipment Manufacturing & Electric Propulsion Systems.
Key facts
Founded: 2005 · Headquarters: Zhuzhou, China