Zhuzhou CRRC Times Electric Co. Ltd., abbreviated as TEC, is a Chinese train manufacturer. It is headquartered in Zhuzhou, Hunan Province. The company is a prominent maker of traction systems for locomotives, electric multiple units and urban transit train applications, which generates about 70% of the company's total sales. Despite both CRRC Times Electric and intermediate parent company CRRC were listed companies, the ultimate largest shareholder was the Central Government of China, via SASAC and CRRC Group. Since 5 September 2016 CRRC Times Electric is a constituent of Hang Seng China Enterprises Index. Wikipedia