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CNR Corp
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CNR Acquires CSR
Apr 29, 2015China's top trainmaker, China CSR Corp is planning to issue 11.14 billion new shares for the acquisition of CNR, which is approved by the China Securities Regulatory Commission. CSR was founded in 2007. The company was listed on both the ...
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CSR Corp and CNR Corp Inched One Step Closer to Their Impending Merger
Mar 12, 2015China's two largest trainmakers, CSR Corp and CNR Corp, inched one step closer to their impending merger after getting necessary approvals from overseas antitrust authorities, according to company announcements on Wednesday. The merger ...
Tags: CSR Corp, CNR Corp, trainmakers
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Chinese High-Speed Train Companies Are Eyeing More Contracts in Overseas Markets
Feb 12, 2015Chinese high-speed train companies are eyeing more contracts in overseas markets. "The US will be the next strategic focus for us, after successfully winning the Boston contract," Yu Weiping, vice-president of China CNR Corp, told China ...
Tags: high-speed train, overseas markets
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China Makes Policy to Stimulate Equipment Export
Feb 11, 2015China plans to draw up a guideline to help its equipment makers, particularly railway and nuclear companies, to expand exports, the country's top economic planning body said on Friday. Formulation of the guideline has just begun, and it ...
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China Plans to Merge Its Two Railway Vehicle Manufacturers Into One Conglomerate
Dec 21, 2014China's plan to merge its two railway vehicle manufacturers CNR Corp and CSR Corp into one conglomerate will create an industrial giant which will provide a significant boost to the country's export sector.The planned marriage is expected ...
Tags: CNR Corp, CSR Corp, railway vehicle
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China CNR Accused Domestic Archrival CSR of Low-Price Competition in Argentina
Jun 19, 2013Train maker China CNR Corp. Ltd. (SHSE: 601299) accused domestic archrival CSR Corp. Ltd. (SHSE: 601766) of low-price competition in Argentina. CSR Corp. announced CNY 7.8 billion worth new contracts on May 27 and among the total, ...
Tags: Industrial Equipment, Components