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China South Locomotive & Rolling Stock Corporation Limited (CSR) (, ) was a state-owned enterprise supervised by the State Council of the People's Republic of China. In 2015, the company merged with China CNR Corporation to form CRRC Corporation. ==History== In 1986 the ''China National Railway Locomotive & Rolling Stock Industry Corporation'' (LORIC) was formed, comprising 35 production sites and 4 research centres.〔(History ) ''www.chinacnr.com''〕 In 2002 LORIC was separated from the ministry of Railways and ''China South Locomotive and Rolling Stock Industry (Group) Corporation'' (CSRG) was formed.〔(History ) ''www.csrgc.com.cn''〕 Its main competitor, the China North Locomotive and Rolling Stock Industry (Group) Corporation was formed in 2000.〔 In 2002 the group manufactured the China Star high speed EMU at the Zhuzhou Electric Locomotive Works. In 2007 the China South Locomotive & Rolling Stock Corporation Limited (CSR) was formed.〔〔The assets of China South Locomotive and Rolling Stock Industry (Group) Corporation were transferred to China South Locomotive & Rolling Stock Corporation Limited in exchange for shares in preparation for a potential share offer.〕 The company's H shares were first traded on the Hong-Kong stock market on 21 August 2008, the company's A shares began trading on the 18 August 2008.〔(Baker & McKenzie Advises China South Locomotive & Rolling Stock Corporation Limited on its Global Offering – The Third Largest Hong Kong IPO ) , Deal Announcement , 25 August 2008 , ''www.bakermckenzie.com''〕 The shares also began trading on the Shanghai Stock Exchange in August; $1.57 billion was raised in the share offers.〔(China South Locomotive shares surge in Shanghai IPO ) , 18 August 2008 , ''www.nytimes.com''〕〔(Zhongwang Said to Raise $1.3 Billion in Hong Kong IPO (Update1) ) , Bei Hu , 30 April 2009 , ''www.bloomberg.com''〕 A 40% stake in the company was offered in total on the two exchanges.〔(China South Locomotive May Raise $1.5 Billion in IPO (Update2) ) , Bei Hu , 3 August 2008 , ''www,bloomberg.com''〕 Between 2004 and 2007 CSR had ~50% of the internal Chinese market for locomotives and ~80% of the market for multiple units (by volume), as well as a ~50% share in locomotive and wagon refurbishment. In the same period overseas sales accounted for ~7-8% of revenue.〔CSR Prospectus , 8 August 2008 , "Overview", pp.1-3〕 In April 2010 the majority shareholder and state owned holding company ''China South Locomotive and Rolling Stock Industry (Group) Corporation'' was renamed to China South Locomotive Group.〔(中国南车股份有限公司 关于公司第一大股东更名的公告 ) China South Locomotive Co., Ltd. : Largest company shareholder name change announcement , 15 April 2010 , ''www.csrgc.com.cn''〕 On 26 December 2011, CSR announced that it had successfully tested a super high speed train that was capable of traveling at 500 km/h.〔(China tests 500 kmh super high speed train )〕〔(Test train can hit 500km/h )〕 In February 2014, CSR acquired the Argentine rolling stock manufacturer Emprendimientos Ferroviarios.〔(CSR adquiere EMFER y desembarca en la Argentina ) - EnElSubte, 26 February 2014.〕〔(Company Overview of Emprendimientos Ferroviarios S.A. Emfer S.A. ) - Bloomberg Business〕 At the end of 2014 CSR and its rival CNR announced their intention to merge, with a 1:1 share swap; the resultant company (value ~$26billion) was to be named China Railway Rolling Stock Corp (CRRC). The two companies formally merged on 1 June 2015. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「CSR Corporation Limited」の詳細全文を読む スポンサード リンク
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