China Railway Signal & Communication Co., Ltd. (abbreviation: CRSC; stock code: 03969. HK) is a large central enterprise directly under SASAC, a high-tech industry group featuring rail transportation control technology, and the world's largest provider of rail transportation control systems. We boast a complete industrial chain from design and R&D, to equipment manufacture and engineering services of rail transportation control systems; and serve as China's competent management authority of equipment modes, technical standards and product standards of control systems for rail transportation. We have been rated Grade A in the performance evaluation of central enterprises for three consecutive years; were listed in the Stock Exchange of Hong Kong in 2015; and have over 20 tier-two groups and subsidiaries with over 19,000 employees.
CRSC is a core enterprise for safe operation of China's rail transportation; a representative of its national industry of train control system technologies for high speed railways (HSRs); and a leader of its core technologies for HSRs leading the global railway industry. We have developed world-leading train control technologies, providing safety guarantee for 131,000km of railways, including 29,000km of HSRs in China; and established and perfected more than 30,000 test cases for HSRs, surpassing the combined total of foreign multinational companies, and constituting an outstanding advantage of China's HSR construction and operation and a valuable wealth of the world's rail transportation industry. In recent years, we have developed automatic train operation (ATO) technology for HRSs with running speeds of 200 km/h and 350 km/h, indicating that China's train control system technologies for HSRs have enjoyed a world-leading position.
Train control system is the “brain and central nerve” of HSRs; and one of the three core technologies of China's HSRs. CRSC has followed the technological path of "introduction, digestion, absorption and secondary innovation", and accelerated independent innovation, achieving the complete independence of technologies and 100% localization of products of China's train control systems for HSRs and subways, as well as major breakthroughs in such core independent technologies of rail transportation as CTCS-3 train control system for HSRs, CBTC train control system for subways, CTCS-2+ATO train control system for intercity railways (ICRs), intelligent operation maintenance system for signaling & communication systems and integrated automation system (CIPS) for freight marshalling yards. Thus, we have taken a firm grip on the core technologies of rail transportation to provide a basic guarantee for China's railway construction and transportation safety as well as core technical support for the “Belt and Road Initiative” and the “Globalization Strategy” of China's HSRs.
As the national team and main force of China's HSR construction, CRSC has participated in the construction of all China's major HSR projects, including Beijing-Tianjin ICR, Beijing-Shanghai HSR, Wuhan-Guangzhou HSR, Harbin-Dalian HSR and Lanzhou-Urumqi HSR. We enjoy over 93% market share in core equipment for HSRs with a running speed of over 300 km/h. With the mission of independent innovation, we have applied proven control system technologies for HSRs to urban transit. We have participated in the implementation of more than 100 subway projects in more than 20 cities, including Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Nanjing and Wuhan, and enjoy over 65% market share. As an important member of the Globalization Alliance of China's HSRs, we are taking an extensive part, and has made remarkable progress in HSR projects in over 10 countries and regions, including Jakarta-Bandung HSR in Indonesia, Sino-Thai Railway, Hungary-Serbia Railway and Moscow-Kazan HSR, showing China's HSRs to the world as the country's beautiful business card.
CRSC has borne in mind the mission entrusted by the CPC Central Committee to central enterprises, and taken as its own duty to develop national industry and technology. While maintaining a world-leading position in signaling & communication for rail transportation, we focus on building a system of seven business segments, centering on signaling & communication and achieving their coordinated development with power supply & electrification, information engineering, general contracting, capital operation, overseas business and emerging business, to accelerate our progress towards a world-class enterprise with global competitiveness.
CRSC Rail Transportation R&D Center in Beijing