More than 50 years of history.
Acquisition of UK-based SMD
In 2015, Times Electric acquired UK-based SMD. SMD is engaged in design and manufacture of subsea vehicle systems for offshore energy and mining. TEC supports SMD in their efforts to expand business to the Chinese subsea markets.
Acquisition of UK-based Dynex Power
In 2008, Times Electric acquired UK-based Dynex Power. Dynex is engaged in design and manufacture of semiconductors. TEC has enabled Dynex to upgrade research and production facilities and access the Chinese semiconductor market.
Times Electric listed on the Hong Kong Stock Exchange
In 2006, Times Electric has been listed on the Hong Kong Stock Exchange (HKG:3898). TEC core products are supplied to fastest-growing rolling stock categories—high-speed trains, locomotives, and urban transit vehicles.
Times Electric has been founded by Zhuzhou Institute
In 2005, the Zhuzhou Institute founded Times Electric. Which later became Zhuzhou CRRC Times Electric Co. Ltd., a second-tier subsidiary of CRRC and a subsidary of CRRC Zhuzhou Institute, a first-tier subsidiary of CRRC,
Zhuzhou Institute was founded
In 1959, the Zhuzhou Institute has been founded. Today, the Zhuzhou Institute is the managing holding company of ten CRRC subsidiaries, including Times Electric. Board members take direct management functions in subsidiaries.