China Railway Construction Corporation
China Railway Construction Corporation
Type Public Traded as SEHK: 1186,SSE: 601186 Industry Infrastructure Founded 1948 Headquarters Beijing, People's Republic of China Area served People's Republic of China Key people Chairman: Mr. Li Guorui Products Railways Services Railway infrastructure Employees ~220,000 Website China Railway Construction Corporation
The China Railway Construction Corporation (Chinese: 中國鐵建 or Chinese: 中國鐵道建築總公司, Chinese: 中国铁建 Chinese: 中国铁道建筑总公司), or simply CRCC, is the second largest state-owned construction enterprise in the People's Republic of China, just after China Railway Engineering Corporation. Its headquarter is in Beijing.
Formerly the railway arm of the People's Liberation Army, CRCC is engaged in the businesses of construction contracting, surveying, design and consultation, industrial manufacturing, exploitation of real estate, capital operation and logistics. It is currently China's largest construction contractor and the world's sixth construction contractor.
CRCC is under the supervision by the State Council of the People's Republic of China.
The A shares closed at RMB$11.64 at the first trading day, 10 March 2008, 28% rise compared with its IPO price of RMB$9.08. The H shares closed at HK$12, 12% rise compared with its IPO price of HK$10.7.
The performance was poorer than expected because of poor investment atmosphere from United States subprime mortgage crisis and China's economic macro-control. However, it was the second-largest IPO worldwide, with funds raised in the amount of USD 5,709m, second only to the IPO of Visa (USD 19,650m).
"1186", the stock code of CRCC H shares, was used by two famous companies before.
The first time was when Richard Li's Pacific Century CyberWorks injected its assets into Tricom Holdings, which had stock code of "1186". But "1186" was not used after Pacific Century CyberWorks merged with Hong Kong Telecom in 2000 to become PCCW.
The second time was when Value Partners Group used it for Value Partners China Greenchip Fund. But it was delisted in 2007 and became an open-ended mutual fund.
- Libya - CRCC wins $2.6b bid for west-to-east coastal railway 352 km from Khoms to Sirte and a south-to-north railway 800 km long for iron ore transport from the southern city Sabha to Misrata.
- Saudi Arabia - CRCC wins 6.7 billion Saudi riyal contract to build the first 18 km of the metro in Mecca
- Real estate in the People's Republic of China
- ^ China Railway Construction Corporation to go public
- ^ Introduction of China Railway Construction Corporation
- ^ Rush for construction IPO shares
- ^ China Railway Construction prices HK IPO at top
- ^ China Rail Construction Has Worst IPO Gain Since 2006
- ^ Shares in China Railway Construction rise 12 percent in Hong Kong debut
- ^ Third time lucky for 1186
- ^ "World rail market March 2009". Railway Gazette International. 2009-03-08. http://www.railwaygazette.com/news/single-view/view//world-rail-market-march-2009.html. Retrieved 3 March 2010.
Real estate companies of China State-ownedBBMG Corporation • China Merchants Property • China Overseas Land and Investment Limited • China Railway Construction Corporation • China Railway Engineering Corporation • China Resources Land • Financial Street Holding • Franshion Properties • Poly (Hong Kong) Investments • Poly Real Estate • Sino-Ocean Land • Xinyuan Real Estate • Yuexiu Property Private-ownedAgile Property • China Aoyuan Property • China Properties Group • China SCE Property • China Vanke • Coastal Greenland • Country Garden • Evergrande Real Estate Group • Fantasia Holdings • Glorious Property Holdings • Greentown China • Hopson Development • KWG Property • R&F Properties • SOHO China • Shanghai Forte Land • Shimao Property Foreign investment Railway construction companies of China Hang Seng China Enterprises Index companies of Hong Kong
Tsingtao Brewery · Angang Steel · Jiangxi Copper · Sinopec · China Railway Engineering · Dongfeng Motor Group · China Telecom · Air China · ZTE · Petrochina · Huaneng Power · Anhui Conch Cement · Longyuan Power · China Construction Bank · China CITIC Bank · China Shenhua · Sinopharm Group · China Shipping Development · Yanzhou Coal · China Railway Construction · BYD Company · Agricultural Bank of China · Industrial and Commercial Bank of China · China Communications Construction · China Coal Energy · Minsheng Bank · China COSCO · Guangzhou Automobile Group · Ping An Insurance · PICC Property and Casualty Company · Aluminium Corporation of China · China Pacific Insurance · China Life Insurance · R&F Properties · China Oilfield Services · Zijin Mining · China National Building Material · Bank of Communications · China Merchants Bank · Bank of China ·
Hang Seng China 50 Index Constitutent Stocks A shares/H sharesBank of Beijing · Bank of China · Bank of Communications · China Construction Bank · China CITIC Bank · China Life Insurance · China Merchants Bank · China Merchants Securities · China Minsheng Bank · China Pacific Insurance · CITIC Securities · Everbright Securities · Haitong Securities · Industrial and Commercial Bank of China · Industrial Bank · Ping An Insurance · Shanghai Pudong Development BankOtherAir China · Angang Steel · Anhui Conch Cement · Baosteel · BYD · Aluminium Corporation of China · China Coal Energy · China Communications Construction · China COSCO · China Railway Construction · China Railway Engineering · China Shenhua · China State Construction · China Telecom · China Vanke · Daqin Railway Company · Datang Power · Huaneng Power · Kweichow Moutai · MCC · Petrochina · Shanghai Electric · Shanghai Automotive · Shanghai Port · Sinopec · Yangtze Power · Zijin Mining Red chip Others Construction and civil engineering companies of China Industry of ChinaBBMG Corporation • CSG Holding • China Communications Construction • China Construction Design International • China Harbour Engineering Co Ltd • China National Building Material Company • China National Materials Group Corporation • China Railway Construction Corporation • China Railway Engineering Corporation • China State Construction Engineering Corp • China State Construction International Holdings • Jiangsu Expressway Company • Road and Bridge Construction • Shaanxi Construction Engineering Group Corporation • Zhejiang Expressway Company • Zhenhua Category:Construction and civil engineering companies of China
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