CHINA RAILWAY GROUP LIMITED.
Official Website: http://www.crecg.com
Main Products: Construction machinery, construction machinery, locomotives and rolling stock and equipment (including subway cars)
About
Company Overview
China Railway Group Limited is a leading construction contractor with a comprehensive focus on engineering, design, and construction services. Established as one of the largest firms in the industry, the company operates across various sectors, including industrial manufacturing, real estate development, and financial investment.
History & Background
Founded in March 1950, China Railway traces its roots to the General Administration of the PRC Ministry of Railway Engineering and Design Bureau. The company evolved significantly over the decades, becoming the China Railway Engineering Corporation in 1989. Under the management of SASAC since May 2003, the organization underwent further restructuring, leading to the formation of China Railway Group Limited in September 2007. The company has since been recognized as the world’s second-largest construction contractor, ranking among the top 500 enterprises globally, with notable achievements such as being listed in both Shanghai and Hong Kong.
Products & Services
China Railway offers a diverse array of services encompassing survey design, construction and installation, and industrial manufacturing. The company also engages in real estate development and mineral resource exploration, utilizing advanced production methods and innovative technologies to deliver high-quality projects. Their expertise extends to financial investments, further solidifying their footprint in the construction and engineering sectors.
Quality & Innovation
Committed to excellence, China Railway adheres to stringent quality standards and certifications that ensure the reliability and safety of its projects. The company integrates state-of-the-art technology and innovative practices in its operations, setting it apart as a market leader dedicated to continuous improvement and sustainable practices.
Mission & Values
At the heart of China Railway’s operations are its core values centered around customer satisfaction, sustainability, and technological advancement. The company envisions a future where it continues to lead the industry by embracing innovation and fostering a commitment to environmental responsibility in all its endeavors.
Additional Information
With total assets amounting to 311.8 billion yuan and net assets of 66.36 billion yuan, China Railway Group Limited maintains a strong financial foundation. It is ranked sixth among central enterprises in China and has consistently demonstrated its ability to adapt and thrive in a competitive global market. Future plans for expansion and diversification are anticipated, as the company looks to build on its impressive legacy and drive further growth in the coming years.