Development Milestone
Digital Transportation Service Provider
Regional Strategic Transforming Industries Organizer
Regional Strategic Transforming Industries Organizer
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February
Company Registered
March
CRRC URBAN TRAFFIC Co. ltd settled in Yangpu District, Shanghai.
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June
Received capital increase from CRRC industrial investment fund and Greenway Holding Group.
November
Cooperated with Graz Municipal Group of Austria to build the European operation demonstration line of CRRC electric buses.
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January
Became a strategic partner with Malaysia’s IREA (Yi Cheng Group) to develop the Malaysian and ASEAN markets.
June
Cooperated with Tongji University to set up CRRC Transportation Research Institute.
September
Deqing started the construction of new energy commercial vehicle industry base.
December
-Series A financing, introduction of Oriental State Capital and DAZHONG TRANSPORTATION.
-Acquired Hubei Chusheng Automobile Co.
-Dual-brand pure electric buses manufactured in cooperation with Ikarus Hungary went onsite in Hungary.
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April
Reorganization and acquisition of Tenglong Automobile Co.
July
MATT (China-Italy-India Industrial Design Center) was settled in Yangpu district.
November
The platform company Galactic Development was established in Fenhu Hi-Tech Zone, and the construction of Fenhu galactic Super Factory commenced.
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July
Line 1 of DRT Lingang, a digital rail line jointly developed by Lingang Transportation and China Railway Puzhen, was put into operation.
November
The headquarter was relocated to Fenhu Yangtze River Delta Integration Demonstration Zone in Wujiang, Suzhou, and the first phase of T1 demonstration line of Digital Rapid Transit System (ART) of Wujiang was put into operation.
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July
CRRC MRT and CRRC smart transit won the bidding for 38 trains of hydrogen-powered Smart Railway complete vehicles and signaling system in Sarawak, Malaysia.
November
-Fuel cell digital rail DRT Lingang Line 6, a cooperation between Lingang Transportation and CRRC Puzhen, was put into operation.
-Completed the group transformation and renamed the company as “CCIG”.
