China Railway Group Limited
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | China Railway Corporation Limited is a large-scale enterprise group that integrates survey and design, construction and installation, industrial manufacturing, real estate development, resources and minerals, financial investment, and other businesses. Its headquarters are located in Beijing, China. As one of the global construction contractors, China Railway has entered the Fortune Global 500 for 16 consecutive years. In 2021, it ranked 35th among Fortune Global 500 companies and 5th among China's top 500 companies. China Railway has a history of over a hundred years. In March 1950, it was established as the Engineering and Design Bureau of the Ministry of Railways of China, and later changed to the Basic Construction Bureau of the Ministry of Railways. In July 1989, with the approval of the State Council, the General Administration of Capital Construction was abolished and China Railway Engineering Corporation was established. In September 2000, it was separated from the actual administrative enterprises of the Ministry of Railways and transferred to the Central Large Enterprise Working Committee for overall management. In May 2003, the State owned Assets Supervision and Administration Commission of the State Council performed the function of investor. On September 12, 2007, China Railway Engineering Corporation exclusively initiated the establishment of China Railway Corporation Limited, which was listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange on December 3 and 7, respectively. In December 2017, it was restructured from a state-owned enterprise to a solely state-owned company and renamed as China Railway Engineering Group Co., Ltd. China Railway Corporation (CRRC) has a special level qualification for railway engineering construction general contracting, a first level qualification for highway engineering construction general contracting, a first level qualification for municipal public engineering construction general contracting, a first level qualification for bridge engineering, tunnel engineering, highway subgrade, and pavement engineering professional contracting, and a professional contracting qualification for urban rail transit engineering approved by the Ministry of Housing and Urban Rural Development of China, Possess the qualification certificate for foreign economic cooperation and operation of the People's Republic of China and the qualification certificate for import and export enterprises. China Railway Corporation has participated in the construction of railways, accounting for more than two-thirds of the total railway mileage in China; The construction of electrified railways accounts for 90% of China's electrified railways; The highways involved in construction account for about one eighth of the total mileage of highways in China; Three fifths of China's urban rail projects have been constructed. China Railway Corporation's business scope covers almost all basic construction fields, including railways, highways, municipal engineering, housing construction, urban rail transit, water conservancy and hydropower, airports, ports, docks, etc., and can provide a comprehensive turnkey service of "vertical integration" in the construction industry. In addition, the company has implemented a limited diversification strategy and has achieved good development in business areas such as survey, design and consulting, industrial equipment and component manufacturing, real estate development, mineral resource development, highway operation, and finance. China Railway Corporation (CRRC) has accumulated rich experience in the research and development and manufacturing of super large bridges, deep water bridges, long tunnels, railway electrification, bridge steel structures, shield tunneling, and high-speed turnouts, as well as the construction of testing grounds, and has formed unique management and technical advantages. In terms of bridge construction technology, multiple construction technologies are at the world's advanced level; The construction technology of tunnels and urban subways is at a leading level in China, with some technologies reaching world advanced levels; Railway electrification technology represents the highest level in China at present. China Railway Corporation is leading in mechanical equipment. We have the largest number of tunnel excavation machinery (shield tunneling, TBM) in China, lifting vessels with Asian lifting capacity, a complete set of deep-sea water operation construction equipment, the largest number of bridge and track laying machines used for railway construction in China, and the largest number of overhead contact line construction equipment used for electrified railway construction in China. The company is able to independently develop and manufacture specialized heavy industry machinery with international advanced level, and is one of the three major enterprises in the world that can independently produce TBM and have intellectual property rights. China Railway is one of the first batch of "innovative enterprises" awarded by the Ministry of Science and Technology, the State owned Assets Supervision and Administration Commission of the State Council, and the All China Federation of Trade Unions. Received a total of 127 National Science and Technology Progress and Invention Awards, including 5 special prizes and 16 first prizes; 167 Chinese Civil Engineering Zhan Tianyou Awards; Received 4253 provincial and ministerial level (including nationally recognized social force awards) science and technology progress awards; Has 24973 patents, including 5157 invention patents and 157 overseas patents; We have 166 national level construction methods and 4609 provincial and ministerial level construction methods. The company has three national laboratories, namely "National Engineering Research Center for High speed Railway Construction Technology", "State Key Laboratory for Shield and Tunneling Technology", "State Key Laboratory for Bridge Structure Health and Safety", and "National Local Joint Engineering Research Center for Research and Application of Digital Rail Transit Technology"; We have 10 postdoctoral workstations, 36 provincial-level research and development centers (laboratories), 19 nationally recognized technology centers, and 107 provincial-level recognized enterprise technology centers, and have successively established 20 professional research and development centers. China Railway has a long reputation in the global market.Since the construction of the 1861 kilometer Tanzanian Zambia railway project in the 1970s, a large number of high-quality projects have been constructed in various countries such as Asia, Africa, Europe, South America, and Oceania. Currently, we have institutions and implementation projects in over 90 countries and regions worldwide. We are willing to work together with friends from all walks of life at home and abroad to make new and greater contributions to global economic and social development and infrastructure construction. |
| Headquarter | Beijing |
| Establish Date | 9/12/2007 |
| Listed Code | 601390.SH |
| Listed Date | 12/3/2007 |
| Chairman | Chen Yun. |
| CEO | Chen Wenjian. |
| Website | www.crec.cn |
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