2010 China companies ranked : 4 / 2011 China companies ranked : 5 / Income(million yuan) : 470,159 / Net profit(million yuan) : 4,246
Cut paths through mountains and build bridges across rivers
China Railway Construction Corporation (SASAC). CRCC was listed on March 10, 2008 in Shanghai, on March 13 in Hong Kong (A-shares code 601186, H-shares code 1186), with 8.0 billion registered capital.Limited (CRCC), the precursor of which is railway corps, initiated by China Railway Construction Corporation, was established on November 5, 2007 in Beijing, and is a large construction enterprise in the charge of State-owned Assets Supervision and Administration Committee
CRCC, one of the world's most powerful and largest integrated construction group,ranking the 133rd among "the world’s top 500" on 2010 "Fortune", the 1st among "world's largest 225 contractors", and the 8th among "China’s top 500 enterprises", is the largest engineering contractor in China, also China's largest overseas engineering contractor. At the end of 2010, its total assets reached 350.1 billion yuan, an increase of 23.75% year-on-year,net assets 58.2 billion yuan, the annual total of new contracts 747.2 billion yuan, including overseas new contracts 25.91 billion, operating income 470.2 billion yuan, total profits and taxes22.8 billion.
CRCC business covers project contracting, survey design consultation, industrial manufacturing, real estate development, logistics, trade of goods and materials as well as capital operations, has developed mainly from construction contract into a complete industrial chain of research, planning, prospecting and designing, construction, supervision, maintenance, operation and financing, and is able to provide proprietors with one-stop integrated services. And CRCC has established its leadership position in project design and construction fields in plateau railways, high-speed railways, highways, bridges, tunnels and urban rail traffic. Since the 1980s, CRCC has won 363 national awards in the fields of project contracting, survey, design, consultation, etc. among them, 55 national science and technology progress awards, 74 national prospecting and designing "four excellent"awards, 39 Zhan Tianyou civil engineering awards, 124 national quality engineering awards and 71China construction engineering Luban awards.
CRCC has extended its scope of business to 31 provinces (municipalities), autonomous regions, Hong Kong and Macao special administrative regions except Taiwan and more than 60 countries and regions around the world. The company has a strong professional team, especially including one member of the Chinese Academy of Engineering, 5 national prospecting and designing masters and 191 experts who enjoy the State Council special allowance.
Over the past 60 years, the company has inherited the fine traditions and work style of the railway corps: carrying out administrative decrees promptly, courageous in innovation and indomitable. There is a kind of preeminent culture in CRCC with "sincerity and innovation for ever, quality and character at once" as its core values so that the enterprise has strong cohesion, execution and combat effectiveness. Under the leadership of the Chairman and Party Secretary Meng Fengchao and the President Zhao Guangfa, CRCC is striding forward towards the goal of "China's construction industry leader, the world's most competitive large construction group".