Zhuzhou CRRC Times Electric Co. Ltd., abbreviated as TEC, is a Chinese train manufacturer. It is headquartered in Zhuzhou, Hunan Province.[1] The company is a prominent maker of traction systems for locomotives, electric multiple units and urban transit train applications, which generates about 70%[citation needed] of the company's total sales.[2][page needed]
Despite both CRRC Times Electric and intermediate parent company CRRC were listed companies, the ultimate largest shareholder was the Central Government of China, via SASAC and CRRC Group.[3]
