- CEO
- Wenjian Chen
- Full Time Employees
- 297,359
- Sector
- Industrials
- Industry
- Engineering & Construction
- Address
- Block A Beijing People's Republic of China 100039
- IPO Date
- Jan 8, 2021
- Business
- China Railway Group Limited (CREC) is a leading multinational infrastructure construction conglomerate headquartered in Beijing, China, founded in 2007. The company operates primarily in the construction industry with a comprehensive portfolio of products and services including railways, highways, municipal facilities, urban rail transit, tunnels, bridges, airports, harbors, water conservancy, hydropower stations, and real estate development. CREC also engages in engineering survey and design, industrial equipment manufacturing, technical consulting, capital management, resources and mining development, and financial investment. CREC holds a significant share in the Chinese construction market and undertakes large-scale infrastructure projects overseas, particularly in Southeast Asia, Africa, and other international regions. Among its core industrial products are tunnel boring machines (TBMs), railway turnout systems, bridge steel structures, shielding machines, and various high-end construction machinery used in railway and urban transit construction. The company is recognized as one of the world's top infrastructure engineering contractors, with technical leadership in bridge construction technology, railway electrification, and tunnel and subway construction in China.
Recently, CREC has intensified its strategic focus on digitalization, efficient resource utilization, and carbon reduction aligning with the Chinese government's national priorities under the current Five-Year Plan. In 2024, CREC reported planning new contract signings worth approximately EUR 357 billion and targeting revenue near EUR 144 billion, reflecting its ongoing expansion and operational efficiency drive. The company has also reinforced its competitive edge by strengthening international partnerships and innovation capabilities, especially in smart railway control systems, railway electrification technology, and heavy equipment manufacturing with independent intellectual property rights. Operationally, CREC continues to lead with turnkey construction services integrating survey, design, manufacture, installation, and maintenance, ensuring vertical industry chain integration. It maintains technological dominance in railway infrastructure, contributing to more than two-thirds of China’s total railway mileage and 90% of electrified railways. The company consistently ranks among the top Fortune Global 500 enterprises, underscoring its market significance.
CREC’s parent company is China Railway Engineering Corporation (CRECG), a state-owned entity, which holds a major ownership stake. CREC is publicly traded on the Shanghai and Hong Kong stock exchanges under tickers SSE: 601390 and SEHK: 390. The company operates through various subsidiaries, including China Railway International Group Co., Ltd, which manages international business operations. Recent corporate developments emphasize sustainable development, technology-driven improvements in rail transit communication, and signal engineering, alongside increased investments in high-speed rail innovations and urban transit solutions, reinforcing CREC’s commitment to leading global railway modernization. Its extensive experience in major infrastructure and transport sectors positions it as a critical player in both domestic and global markets.