CNR Changchun Railway Vehicles Co., Ltd. (here in after referred to as CNR CRC) which is under China CNR Corporation Limited was established in March 2002. CNR CRC, formerly known as Changchun Car Company was founded in 1954 as one of the national key construction projects of China during the “First Five-Year Plan” period. With continuous construction and development for over half a century, CNR CRC has grown into China’s largest and strongest R&D, manufacturing and exportation base of mainline passenger vehicles and urban mass transit vehicles.