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The story
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. It was nationalized and remaining as an entity of the Ministry of Railways until 2002, when it was a manufacturing facility of China National Railway Locomotive & Rolling Stock Industry Corporation (LORIC). In 2002, LORIC was split into CNR Group and CSR Group, which Tangshan works belonged to the former due to geographical location. CNR Group and CSR Group also belonged to newly established State-owned Assets Supervision and Administration Commission, another department of the State Council.
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..
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. The first of these trains were to run in 2008 on the Beijing-Tianjin route. Only the first three of 60 trains were to be built in Germany. The balance were built at the plant which is now named CRRC Tangshan.
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. 'CRRC Tangshan Locomotive and Rolling Stock Co.', 'Ltd.', known as just CRRC Tangshan Co., Ltd. in English.
From Wikipedia’s article on CRRC Tangshan, shared under CC BY-SA 4.0.3