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2. CHINA RAILWAY
TRANSPORT
EQUIPMENT MARKET
REPORT
Beijing Zeefer Consulting Ltd.
June 2011

3. INTRODUCTION
This report discusses the railway transport equipment market in China
mainly from the following sections.
- Size of Railway Transport Equipment Market in China
Based on Zeefer's China Market Size Formula, by the analysis on China
railway transport equipment market size, industry sales revenue and
domestic railway transport equipment output in 2008 - 2010, this report
presents a picture of the real development of railway transport equipment
market in China and changes in the overall market size.
- Hot Areas of China Railway Transport Equipment Market
Based on the comparison and analysis on China's railway transport
equipment production and import in different provinces or cities, this report
points out those hot areas in China for railway transport equipment market
deserve most attention.
- Top 10 Enterprises in China Railway Transport Equipment Industry
Based on the comparison and analysis on top 10 leading enterprises in China
railway transport equipment industry in terms of sales revenue, market share
and number of employees, the report shows their positions in the railway
transport equipment market in China. Additionally, this report lists basic
contact information of the top 10 leading enterprises.
- Market Share and Market Structure of China Railway Transport
Equipment Market
This report analyzes the railway transport equipment market share
distribution in China by segments based on enterprises nature (leading
enterprises, foreign enterprises, state-owned and private enterprises), imports
of railway transport equipment product and regional markets in China in
terms of sale revenue, profitability, production volume, number of enterprises
and the value of imports... The report offers data on the market shares of
imported railway transport equipment products, foreign enterprises and

4. enterprises in other forms. It also offers a comparison of profitability by forms
of enterprise ownership, presents a picture of the market share of leading
enterprises and the distribution of major regional markets in China. In
addition, the report figures out the structure and concentration ratio of the
current railway transport equipment market in China by means of Bain's
Market Structure Classification and Index of CR4.
- Import and Export of Railway Transport Equipment Products
In this section, the report includes the main source countries / regions of
imported railway transport equipment products for China and their market
shares, the domestic destinations of imported railway transport equipment
products in China and shares for these destinations, major export destinations
(countries or regions) for Chinese produced railway transport equipment
products and shares of these destinations, major origins of the exported
railway transport equipment products and their shares.
- Railway Transport Equipment Industry Standards in China
The report lists relevant national standards and/or industrial standards
concerning railway transport equipment products generally accepted in the
railway transport equipment industry in China, including standard names
both in Chinese and English as well as their unified code numbers.
- Major Railway Transport Equipment Importers in China
The report lists 10 major importers for railway transport equipment products
in China and provides their contact information such as company name,
address, website, telephone number and fax number.
- Summary on Key Statistics of the Railway Transport Equipment
Industry in China
Based on the concise analysis on the sales revenue, production volume,
number of enterprises, total profit, total loss, total assets, return on the asset
and profit margin as well as other key statistics, China Railway Transport
Equipment Market Report presents the current situation, the growth rate and
profitability of the railway transport equipment industry in China.

5. DECLARATION
Beijing Zeefer Consulting Ltd. and (or) its affiliates (hereafter, "Zeefer")
provide this report with the greatest possible care. Nevertheless, Zeefer makes
no guarantee whatsoever regarding the accuracy, utility, or certainty of the
information in this report. Further, Zeefer disclaims any and all responsibility
for damages that may result from the use or non-use of the information in this
report.
The information in this report may be incomplete and/or may differ in
expression from other information in elsewhere by other means. The
information contained in this report may also be changed or removed without
prior notice.

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the first stop to explore China market
CONTENT
CHAPTER 1 PRODUCT DEFINITION.................................................................1
CHAPTER 2 MARKET SIZE ...................................................................................3
2.1 ANALYSIS ON THE RAILWAY TRANSPORT EQUIPMENT MARKET
SIZE ...........................................................................................................................3
2.2 PRODUCTION VOLUME OF MAJOR PRODUCTS IN RECENT YEARS
....................................................................................................................................5
2.3 AN OVERVIEW ON CHINESE ECONOMY................................................6
CHAPTER 3 HOT SPOTS FOR RAILWAY TRANSPORT EQUIPMENT
PRODUCTS ACROSS CHINA .............................................................................10
CHAPTER 4 INDUSTRY OVERVIEW................................................................12
4.1 A SUMMARY ON THE INDUSTRY............................................................12
4.2 AN ANALYSIS ON THE PROFITABILITY OF THE INDUSTRY...........13
CHAPTER 5 ANALYSIS ON IMPORT & EXPORT .........................................16
5.1 AN OVERVIEW ON THE IMPORT & EXPORT........................................16
5.2 A DETAILED ANALYSIS ON IMPORT & EXPORT OF RAILWAY
TRANSPORT EQUIPMENT PRODUCTS .........................................................18
5.2.1 ANALYSIS ON MAJOR COUNTRIES OF ORIGIN FOR THE
IMPORTED RAILWAY TRANSPORT EQUIPMENT PRODUCTS............18
5.2.2 ANALYSIS ON THE MAJOR FLOW DESTINATIONS INSIDE
CHINA ................................................................................................................20
5.2.3 ANALYSIS ON MAJOR EXPORT DESTINATIONS ...........................21
5.2.4 ANALYSIS ON MAJOR ORIGINS IN CHINA......................................23
CHAPTER 6 THE MARKET SHARE...................................................................25
6.1 ANALYSIS ON THE CONCENTRATION OF CORPORATE SALES
REVENUE ..............................................................................................................25
6.1.1 ANALYSIS ON THE CONCENTRATION OF SALES REVENUE
FROM LEADING ENTERPRISES ...................................................................25
6.1.2 COMPARATIVE ANALYSIS ON SALES REVENUE FROM TOP 10
ENTERPRISES WITH INDUSTRY AVERAGE..............................................27
6.2 ANALYSIS ON THE CONCENTRATION BY AREA IN TERMS OF THE
MARKET SHARE..................................................................................................29
6.3 MARKET POSITION OF FOREIGN ENTERPRISES AND THE TREND
IN RECENT YEARS..............................................................................................31
6.3.1 CHANGES IN THE SHARES OF FOREIGN ENTERPRISES IN
TERMS OF THE NUMBERS AND THE COMPARISON OF FOREIGN
ENTERPRISES AND ENTERPRISES OF OTHER OWNERSHIP ...............31
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6.3.2 CHANGES IN THE SHARES OF SALES REVENUE FROM FOREIGN
ENTERPRISES AND COMPARISON WITH THAT FROM ENTERPRISES
OF OTHER OWNERSHIP ................................................................................33
6.3.3 PROFITABILITY OF FOREIGN ENTERPRISES AND COMPARISON
WITH ENTERPRISES OF OTHER OWNERSHIP .........................................35
6.4 ANALYSIS ON THE MARKET SHARE OF IMPORTED PRODUCTS
AND RELEVANT VARIATIONS IN RECENT YEARS ..................................37
CHAPTER 7 TOP 10 ENTERPRISES ...................................................................39
7.1 CSR SIFANG LOCOMOTIVES & ROLLING STOCK CO., LTD. ............39
7.2 CSR ZHUZHOU ELECTRIC LOCOMOTIVE CO., LTD. .........................40
7.3 CNR CHANGCHUN RAILWAY VEHICLES CO., LTD. .........................40
7.4 QIQIHAR RAILWAY ROLLING STOCK CO., LTD. ................................41
7.5 CNR GROUP DALIAN LOCOMOTIVE AND ROLLING STOCK CO.,
LTD..........................................................................................................................42
7.6 CSR YANGTZE LOCOMOTIVES & ROLLING STOCK CO., LTD.........42
7.7 CSR NANJING PUZHEN ROLLING STOCK CO., LTD. .........................43
7.8 CSR YANGTZE (ZHUZHOU) LOCOMOTIVES & ROLLING STOCK
CO., LTD.................................................................................................................44
7.9 CNR DATONG ELECTRIC LOCOMOTIVE CO., LTD. ...........................44
7.10 CNR GROUP XI'AN LOCOMOTIVE AND ROLLING STOCK CO.,
LTD..........................................................................................................................45
CHAPTER 8 PRODUCT STANDARD SYSTEMS............................................46
CHAPTER 9 LIST OF MAJOR IMPORTERS.....................................................47
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CHAPTER 3
HOT SPOTS FOR RAILWAY
TRANSPORT EQUIPMENT
PRODUCTS ACROSS CHINA
Figure 5 Nationwide distribution map of railway transport equipment mfg. enterprises
above designated size across China
Heilongjiang
22
Jilin
28
Inner Mongolia
6 Liaoning
Xinjian 97
Hebei Beijing
4
60
37 Tianjin
Shanxi 13
Ningxia Shandong
25 32
Qinghai 61
Gansu Henan Jiangsu
7 Shaanxi 63 Anhui 138
Tibet Shanghai
Hubei 22 14
Sichuan 27 Zhejiang
50 13 29
Chongqing Jiangxi
Hunan
4 Fujian
Guizhou 66
5 <4
1-3 1
4-9 Yunnan Guangdong 4
4 Guangxi
5
10-19 5 10
20-39 20
40-79 40
Hainan
80+ 80
Jiangsu, Liaoning and Hunan are the major production bases for railway
transport equipment in China. From Jan. to Nov. 2010, enterprises engaged in
railway transport equipment production above designated size in the above
Beijing Zeefer Consulting Ltd. 10
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6.3 MARKET POSITION OF FOREIGN
ENTERPRISES AND THE TREND IN RECENT
YEARS
6.3.1 CHANGES IN THE SHARES OF FOREIGN
ENTERPRISES IN TERMS OF THE NUMBERS AND THE
COMPARISON OF FOREIGN ENTERPRISES AND
ENTERPRISES OF OTHER OWNERSHIP
Figure 17 Changes in the percentage of numbers of foreign railway transport equipment
mfg. enterprises across China and the changes in the percentage of numbers of major
type of ownership enterprises
2008 2009 2010
Percentage of foreign enterprises Changes800
in the percentage of
全国 672 839
in term s of the num ber of num bers of m ajor type of
oreign-funded 61 66 71
enterprises in 2010 ow nership enterprises
e of ownership 768
Private 208 309 349rivate
State-owned 122 38% 118 36% 36%
106wned
ctively-owned 8.46% 87 84 78
Others 255 289 11% 306
9%
13%
Private 31% 39% 42%
13%
15%
State-owned 18% 18% 15% 13%
91.54%
ctively-owned 13% 11% 9%
Others 38% 36%39% 36%
42%
31%
2008 2009 2010
Private State-ow ned
Foreign-funded Others type of ow nership Collectively-ow ned Others
In 2010, among the 839 railway transport equipment mfg. enterprises above
designated size across China, 71 are foreign enterprises, accounting for about
a share of 8.46% of all. In terms of the number of enterprises, there were 5
Beijing Zeefer Consulting Ltd. 31
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