China Railway Group Limited Class A
3.07
HKD
-0.10
(-3.16%)
ISIN
CNE1000007Z2
Return %
Stock
S&P 500
1Y
-25.97
14.20
3Y
-15.10
81.12
5Y
-22.60
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Wenjian Chen
- Full Time Employees
- 289,250
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Building A, China Railway Plaza Beijing BE China 100039
- IPO Date
- Dec 3, 2007
- Website
- crec.cn
- Similar Companies
- Business
- China Railway Group Limited (CREC) is a leading Chinese multinational construction and engineering conglomerate headquartered in Beijing, founded in 2007. It operates primarily in the construction industry with a focus on infrastructure development including railways, highways, tunnels, bridges, and urban transit systems. The company's core products and services encompass engineering survey and design; construction of transportation infrastructure such as railways and highways; manufacturing of industrial equipment including tunnel construction machinery and railway signaling systems; real estate development; resources and mining operations; as well as financial investment services. CREC provides integrated rail transit control systems including signal systems, communication information systems, and train control technologies. It serves domestic and international markets, with operations extending beyond China into various global infrastructure projects. In recent major developments, CREC reported a consolidated revenue of approximately EUR 147.9 billion for 2024 with a year-on-year decline amid reduced contract growth, alongside a net profit of EUR 3.92 billion. Strategically, the company is advancing its high-speed railway network under China's national infrastructure and digitalization goals, focusing on completing key railway lines such as the "Eight Vertical and Eight Horizontal" corridors and enhancing railway infrastructure in western regions and border areas including Xinjiang and Tibet. CREC has also emphasized intelligent rail transit control system innovation, launching new products such as the 400T train-mounted system, full electronic interlocking, integrated adjustment systems, and advanced wireless train control technologies. The company continues to develop a regional rail transit collaborative transportation and service system, contributing to urban agglomeration development and the efficiency of freight transportation. It remains aligned with national priorities on carbon reduction and digital transformation. CREC is a publicly traded company listed on the Shanghai and Hong Kong stock exchanges, with majority ownership by the state through China Railway Engineering Corporation (CRECG). It employs over 280,000 staff and maintains a diversified portfolio of subsidiaries, including companies specializing in railway electrification, tunnel engineering, equipment manufacturing, and financial services. The company is ranked among the top global contractors and has sustained its position in the Fortune Global 500 for over a decade, reflecting its broad and deep presence in global infrastructure and construction sectors. Recent operational strategies prioritize efficiency, value creation, and technological leadership in rail transit control and construction engineering. This comprehensive industrial conglomerate continues to drive forward China's infrastructure modernization while expanding its footprint in global markets, maintaining a leadership role in railway and urban transit system technology and construction services. The continuous development of smart, integrated rail transportation solutions and adherence to national infrastructure plans represent CREC's latest major strategic directions and operational focuses.
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