Is Zhuzhou CRRC Times Electric Co Ltd Stock Halal?

Zhuzhou CRRC Times Electric Co Ltd is a CN-based company operating in Machinery industry. The company is headquartered in Zhuzhou, Hunan and currently employs 10,746 full-time employees. The company went IPO on 2006-12-20. Zhuzhou CRRC Times Electric Co Ltd is a China-based company mainly engaged in the research and development (R&D), design, manufacturing and sales of rail transit equipment products. The firm is also engaged in R&D, design, manufacturing and sales of emerging equipment. The rail transit equipment business mainly includes rail transit electrical equipment, such as traction converter system, information and intelligent system products, power supply system and test equipment, and rail engineering machinery and communication signal system. The emerging equipment business includes power semiconductor devices, industrial converter products, electric drive systems of new energy vehicles, sensor devices and marine engineering equipment. The firm mainly operates its businesses in the domestic and overseas markets.