| CSR Group Corporation | |
| Type: | state-owned enterprise |
| Founded: | 2002 |
| Founder: | Ministry of Railways |
| Predecessor: | Half of China National Railway Locomotive & Rolling Stock Industry Corporation |
| Former Name: | China South Locomotive and Rolling Stock Industry (Group) Corporation |
| Successor: | CRRC Group |
| Fate: | merged with CNR Group |
| Hq Location City: | Beijing |
| Hq Location Country: | China |
| Revenue Year: | 2014 |
| Income Year: | 2014 |
| Net Income Year: | 2014 |
| Assets Year: | 2014 |
| Equity Year: | 2014 |
| Owner: | Chinese Government (100%) |
| Parent: | SASAC |
| Footnotes: | in consolidated financial statement[1] |
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]
In 1986 the (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 was formed in the same year.[5] [6]
In 2002 the group manufactured the 270km/h China Star high speed EMU at the Zhuzhou Electric Locomotive Works.
Since 2003, the group no longer tax-free on property tax and land rent.[7]
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.[8]
In 2008 most of the assets were floated as China South Locomotive & Rolling Stock Corp., Ltd. (later known as CSR Corporation Limited), except some auxiliary assets, as well as the shares of South Huiton.[9]
In April 2010 the Chinese name of CSR Group was renamed .[10] [11]