CSR Group Corporation formerly known as China South Locomotive and Rolling Stock Industry (Group) Corporation (abbreviation: CSRG), was a Chinese locomotive and rolling stock manufacturer. In 2007, the major assets of the group was spin-off and formed CSR Corporation Limited, making the corporation became a holding company only. In 2015 CSR Group was merged with CNR Group to form CRRC Group.[2]
History
In 1986 the China National Railway Locomotive & Rolling Stock Industry Corporation (LORIC) was formed, comprising 35 production sites and 4 research centres.[3] In 2002 LORIC was separated from the Ministry of Railways and China South Locomotive and Rolling Stock Industry (Group) Corporation (CSRG, ) was formed.[4] Its main competitor, the China North Locomotive and Rolling Stock Industry (Group) Corporation