--FILE--Chinese visitors look at models of CRH (China Railway High-speed) bullet trains and subway trains on display at the stand of China CNR Corpora
Image details
Contributor:
Imaginechina Limited / Alamy Stock PhotoImage ID:
W8DXPDFile size:
24.3 MB (614.9 KB Compressed download)Releases:
Model - no | Property - noDo I need a release?Dimensions:
3600 x 2360 px | 30.5 x 20 cm | 12 x 7.9 inches | 300dpiDate taken:
27 November 2012Photographer:
ImaginechinaMore information:
--FILE--Chinese visitors look at models of CRH (China Railway High-speed) bullet trains and subway trains on display at the stand of China CNR Corporation Limited during an exhibition in Beijing, China, 27 November 2012. A plan to merge two of China's top bullet train makers has been passed by general meetings of both sets of shareholders, the companies said on Monday (9 March 2015). China CNR Corp. and China CSR Corp. announced that their shareholders have approved the plan, including a new company name, stock swap agreement and personnel settlement. The merger is still subject to review by authorities, including the China Securities Regulatory Commission and the Ministry of Commerce. The State-owned Assets Supervision and Administration Commission was the first regulator to green light the merger, according to statements from the companies on March 5. The companies announced the plan in late December, aiming to build a new provider of high-end railway equipment. The deal will help China's high-speed rail go global and avoid cutthroat competition between the two.