Established in 2015 from the merger of CSR Corporation and CNR Corporation, CRRC Corporation is headquartered in Beijing. It has 46 subsidiaries and 190,000 employees. CRRC supplies rail transit equipment. Its main businesses cover the R&D, design, manufacture, repair, sale, lease and technical services for railway rolling stock, electric multiple units, urban rail transit vehicles, engineering machinery, electrical equipment, electronics and electric products, and environmental protection equipment, consulting services, industrial investment and management, asset management, import and export. It has built a rail transit equipment technology platform and manufacturing base. Its products are exported to 102 countries and regions.