CRRC Zhuzhou Institute green industry strategy

At the Boao Forum for Asia Perth Conference on July 27, Li Donglin, Chairman of CRRC Zhuzhou Institute, outlined the company's strategy for scaling green industries through proprietary technologies and application-driven innovation. He emphasized that real-world industrial settings should determine technology priorities and cited partnerships with XCMG and Fortescue (company) to create integrated green value chains linking mines, railways, and shipping. These include using renewable energy to power electric locomotives and producing ammonia and methanol from renewable hydrogen for marine fuel. The company is raising R&D spending to improve green energy conversion efficiency and reduce unit costs, and is investing in grid-forming technology to strengthen grid stability as renewables grow. Li stressed the importance of profitability and long-term value for scaling green innovation globally.