Sight-seeing of exited investment enterprises

    Along with energetic developments in the field of electric locomotives and mass transit metro cars, ZELW carries out investment operation actively. Consequently, two principal fields and investment property operation interact with each other in a virtuous circle, which promotes the development of ZELW continuously and healthily. Till the end of 2004, ZELW has developed 11 investment projects, among which 1 company is solely invested, 2 companies are share proprietary and 8 companies are share held, covering railway transportation, electronics, finance and real estate, hotel, tourism, import and export trade, bond investment and etc. The joint-venture corporation uniting enterprises with powerful strength will introduce the most advanced technology in the area of transportation in China, and will become the strength center of advanced railway in Asia, which manufactures the products that are suitable for China and international markets.

• Introduction of some subsidiary companies

  Siemens Traction Equipment Co. Ltd., Zhuzhou.

Siemens Traction Equipment Co. Ltd., Zhuzhou is a joint-venture corporation established in Nov.28, 1998. The shares of the corporation are controlled by Siemens (China) Co. Ltd. and are purchased by Zhuzhou Electric Locomotive Works (ZELW) and Zhuzhou Electric Locomotive Research Institute (ZELRI). The registered capital is RMB 129,000,000 Yuan and total investment is RMB343, 000, 000 Yuan. The corporation is mainly engaged in research, development, production and sale of AC drive electric locomotives and locomotives, key components of AC traction of metro.
Designed production capability per year in the corporation:
-- AC traction electric locomotive 70
-- Key components of AC traction of electric locomotive 10 sets
-- Key components of AC traction of metro 50 sets
-- Key components of AC traction of diesel locomotive 70 sets
All the 20 two-unit AC rive electric locomotives cooperated with Simens, ZELW and ZELRI for development and manufacture have been delivered and operated.

  Ningbo Locomotive Capacitor Development Center

Ningbo Locomotive Capacitor Development Center (NLCDC), located in Ring North Road, Jiangbei District of Ningbo, a famous city in south of the lower reaches of the Changjiang River, is a state-owned enterprise jointly invested by Zhuzhou Electric Locomotive Works (ZELW) and Zhuzhou Electric Research Institute (ZELRI) of the Ministry of Railways and Ningbo Jiangbei Finance Development Corporation, and among them ZELW controls shares. NLCDC specializes in development and manufacture of locomotive capacitors and other kinds of electric elements and equipment. Since established in April 1991, covering an area of 16,000 sqm for workshop and with a fixed capital of more than RMB 20 million, NLCDC has CAD development capability, perfect physics and chemistry high-voltage test equipment and cleaning workshop, which, covering area of 1000 sqm and costing 1.3 million RMB, is a constant temperature and humidity controlled workshop with a cleaning grade of 10000, including extra- clear winding workshop with cleaning grade 100.
For these years, locomotive products from NLCDC have got examined and proven in harsh environments of high temperature, high speed, high frequency oscillation and harmonic in electric locomotive, which brought great laudation from customers.
Since established, NLCDC has introduced special senior technicians and engineers from everywhere, designs and optimizes products with CAD. Besides, it has double- evacuated air and single-injected oil vacuum equipment. The quality of product is ensured by exquisite manufacturing techniques and ISO9002 QC system. the high-voltage filter capacitor has been ranked in the development of new products state plan in 1995. NLCDC has been estimated one of the key science and technical enterprise ,evaluated "AA" grade in credit-worthiness by Jiangbei district.