China Railway Erju

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China Railway Erju
Public
Traded as SSE: 600528
Industry Construction
Founded 1950
1978
1998 (limited company)
1999 (listed company)[1]
Headquarters Chengdu, China
Revenue Increase CN¥79,566,905,693[2] (2013)
Decrease CN¥409,287,659 (2013)
Total assets Increase CN¥51,146,777,509 (2013)
Total equity Increase CN¥5,945,245,538 (2013)
Owner Chinese government (~29% indirectly)
General public (direct & indirect)
Parent China Railway Group Limited (51.39%)
Website www.crec.com.cn
China Railway Erju Co., Ltd.
Simplified Chinese 中国中铁二局股份有限公司
Traditional Chinese 中國中鐵二局股份有限公司

China Railway Erju Co., Ltd. (CREC, SSE: 600528) is a Chinese construction company based in Chengdu. A listed company in Shanghai Stock Exchange, Erju (literally means the second bureau [of former Ministry of Railways]) is a subsidiary of China Railway Group Limited (CREC), which in turn an indirectly supervised by State-owned Assets Supervision and Administration Commission.

History

The predecessor of the company was found in 1998 (China Railway No.2 Engineering Group Co., Ltd., Chinese: 中铁二局集团有限公司), which could be traced back to 1978, as the second bureau of construction of the Ministry of Railways. (Chinese: 铁道部第二工程局) The original second bureau could traced back to 1950, but in 1978 split into second and the fifth bureau.[3]

In 2000, China Railway Engineering Corporation, the parent company, was independent from the ministry. In 2001, most of the assets of "China Railway No.2 Engineering Group Co., Ltd." was injected into a new subsidiary and floats in Shanghai Stock Exchange.

Projects

References

External links