China Railway Group
 |
|
| CREC | |
| Public | |
| Traded as |
|
| Industry | Construction |
| Founded | 2007 |
| Headquarters | Beijing, China |
|
Area served
|
Worldwide |
|
Key people
|
Chairman: Li Changjin |
| Products | Railways, Highways, Installation, Design, Survey, Manufacturing, Real Estate, Resources, Investments |
| Revenue |
 US$ 105.93 billion (2015) |
| Total assets |
US$ 110.10 billion (2015) |
| Owner |
China Railway Engineering Corporation Abu Dhabi Investment Authority (0.1%) |
| Website | www |
| China Railway Group Limited | |||||||
| Simplified Chinese | 中国中铁股份有限公司 | ||||||
|---|---|---|---|---|---|---|---|
| Traditional Chinese | 中國中鐵股份有限公司 | ||||||
| Literal meaning | China China Railway Company Limited by Shares | ||||||
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| China Railway | |||||||
| Simplified Chinese | 中国中铁 | ||||||
| Traditional Chinese | 中國中鐵 | ||||||
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| Transcriptions | |
|---|---|
| Standard Mandarin | |
| Hanyu Pinyin | Zhōngguó zhōngtiě gǔfèn yǒuxiàn gōngsī |
| Transcriptions | |
|---|---|
| Standard Mandarin | |
| Hanyu Pinyin | Zhōngguó zhōngtiě |
China Railway Group Limited known as CREC (the acronym of it predecessor and parent company China Railway Engineering Corporation) is a Chinese construction company which floats in and . The major shareholders of the company is the state owned China Railway Engineering Corporation (CRECG).
By revenue, CREC is the largest construction company in the world in the 2015 Engineering News-Record "Top 225 Global Contractors". In 2016, CRECG ranks in the 57st place among Fortune Global 500 Enterprises and the 7th place among Top 500 Chinese Enterprises.
CREC holds a large share of the Chinese construction market and participates in many large-scale infrastructure projects overseas (especially in countries in the Southeast Asia and Africa). In addition to the core business of construction, the company does business in surveying and designing, installation, manufacturing, R&D, technical consulting, capital management as well as international economic and trade activities.
In November 2007, CREC announced that it would be listing A shares and H shares on the and respectively. The IPO price of A share ranged from 4 to 4.8 Chinese yuan while that of H share ranged from 5.03 to 5.78 Hong Kong dollar. CREC joined the Hang Seng China Enterprises Index from 10 March 2008.
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