China'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 ...
China'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
China 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 ...
China'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
CSR Corporation Limited (SHSE: 601766; SEHK: 1766) revealed that developed and made AC and DC trunk line passenger combustion EMU have been shipped to Sudan in Africa. From 2006, the company has been exporting diesel locomotives to Sudan. ...
Tags: Service, Transportation
Train 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