The predecessor of the subsidiary, Tangshan Locomotive and Rolling Stock Works was founded before the establishment of the People's Republic of China in 1949.
Due to the initial public offering of China CNR, the assets of the works was injected to a newly incorporated subsidiary, which was known as Tangshan Railway Vehicle Co., Ltd..[when?]
In November 2005, CNR Group signed a 669 million euro agreement with Siemens under CEO Klaus Kleinfeld that gave them access to the intellectual property jewels of the latter.
[3][4] After the merger of CSR and CNR to CRRC, the subsidiary also renamed to Chinese: 中车唐山机车车辆有限公司; lit.
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