30.09.2015
Following the acquisition of SMD by CSR Times Electric (now CRRC TEG) earlier this year, the parent company of CRRC TEG, China CSR Corporation Limited (CSR), completed a merger with China CNR Corporation, to create China CRRC Corporation Limited (CRRC). The merger of these two companies has significant and positive implications for the development of SMD; not least the support from such a strong financial capability.