China Railway Group Ltd - Company Profile
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Business Description
China Railway Group Ltd (CRGL) is a construction and engineering company. It offers a range of construction-related services, including infrastructure construction, survey, design and consulting services, and engineering equipment and component manufacturing. It designs and constructs infrastructure facilities such as railways, highways, municipal works, and urban rails. The company is also involved in other businesses such as mining. It operates in over 100 countries and regions worldwide, with presence in the 'Belt and Road' Initiative projects. The company has 4,052 qualifications and permits, including 84 special-grade qualifications for construction general contracting. It is involved in major infrastructure projects including the Budapest-Belgrade Railway, the Padma Bridge, the China-Laos Railway, and the Indonesian Jakarta-Bandung High-speed Railway. Its design and consulting business covers a wide range of industries, including railways, urban rail transit, highways, and water conservancy. The equipment manufacturing segment focuses on high-end equipment for transportation infrastructure, with products such as tunnel boring machines and bridge steel structures. The property development business integrates the entire real estate industry chain, while the asset operation segment manages infrastructure investment projects. Emerging business areas include water conservancy, clean energy, and ecological protection. In FY2024, the company secured new contracts worth CNY2,715.2 billion.
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R&D Overview
CRGL has undertaken significant R&D initiatives in FY2024, focusing on high-end equipment manufacturing, special complex long-span bridge construction, underground engineering, deep space development, extreme environment engineering construction, ecological protection technology, and overseas featured businesses. The company has achieved international leading levels in 51 key technologies, international advanced levels in 112 achievements, and domestic leading or advanced levels in 202 achievements. The company has also developed nine intelligent construction systems for shield tunnels and the world's first large-diameter tunneler 'Yongning.' In FY2024, the company obtained 240 provincial and ministerial-level scientific and technological progress achievement awards, 9,745 patents, including 3,385 invention patents and 296 overseas patents, and 1,416 provincial and ministerial-level workmanships. The company received the National Science and Technology Award for five achievements, including the 'Hong Kong-Zhuhai-Macao Bridge Cross-sea Cluster Project.' In FY2024, the company spent CNY26.6 billion on R&D, which as a percentage of revenue, stood at 2.2%.
Business Segments
- Design and Consulting
- Equipment Manufacturing
- Other Businesses
- Infrastructure Construction
- Property Development
Overview
Offers a range of survey, design and consulting services, feasibility studies, research and development, and compliance certification services for infrastructure construction projects. Also provides integrated solutions and specialized services for railway electrification, bridge, tunnel and machinery design projects.
Performance
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Overview
Carries out engineering equipment and component manufacturing business. It designs, manufactures and sells engineering machinery, bridge steel structures and other railway related equipment. Also markets high-manganese steel turnout, steel structures and shield products to foreign countries including India, Israel, Singapore and Malaysia.
Performance
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Overview
Carries out mining, railway and road investment and operation, merchandise trading and other ancillary business activities.
Performance
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Overview
Carries out railway, highway, municipal works and other construction projects. Also builds railway bridges, tunnels hydroelectricity projects, irrigation works, ports, docks and metropolitan railways including subways and light railways.
Performance
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Overview
Develops, sells and manages residential properties and commercial properties in China. Offers residential properties to middle and upper-middle income purchasers.
Performance
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Geographical Segments
Performance
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Target Markets
Hong Kong, Macau, Africa, South America, South East Asia and Oceania.
Performance
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