CSR and Yuchai to Joint Venture to Create the Largest Engine Base in the Western Region

In 2009, China South Locomotive took the lead in completing the entire vehicle model test of all locomotives for the 6-axis high-power electric locomotive with a 6-axis power of 6600 KW, and completed delivery of 160 units, which accounted for 89.39% of the delivery of similar products of the same year. In the whole year, a total of 2,795 new passenger car orders were signed, with a contract value of approximately 5.537 billion yuan, accounting for 55.90% and 55.93% of the purchase volume in the domestic market.

In 2010, CSR will continue to maintain rapid growth and it is expected that operating income will increase by more than 25%. According to the company's development strategy and production and operation needs, it plans to allocate fixed-asset investment of 6.023 billion yuan in 2010, mainly to high-power locomotives, high-speed EMUs, metro rail transit, railway freight trains, and rail transit equipment that have a major supporting role for the company's development strategy. Proprietary technology extensions and other projects.

It is reported that on April 21, the first new export Uzbekistan electric locomotive developed by CSR Zhuzhou Electric Locomotive Co., Ltd. was successfully rolled out. During the year, 15 such locomotives will be provided to Uzbekistan. It was also learned that CSR also signed a strategic cooperation framework agreement with Guangxi Yuchai Group on the same day. China South Locomotive, with its subsidiary CSR Ziyang Locomotive Co., Ltd., as the main body of cooperation with Yuchai, formed a joint venture in Ziyang City, Sichuan Province, and will strive to become an important company in western China with an annual sales income of more than RMB 10 billion through 3-5 years. Power equipment R&D and manufacturing base.

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