China Railway Materials
State-owned | |
Industry | Trading, Construction materials |
Headquarters | Beijing, China |
Products | Rail Track |
Revenue | CN¥78,791,491,661[1] (2014) |
CN¥111,790,156 (2014) | |
Total assets | CN¥59,934,251,879 (2014) |
Total equity | CN¥7,003,246,907 (2014) |
Owner | Chinese government |
Parent | China Railway Materials Commercial Corporate (100%) |
Website |
www |
China Railway Materials Company Limited | |||
Simplified Chinese | 中国铁路物资股份有限公司 | ||
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Traditional Chinese | 中國鐵路物資股份有限公司 | ||
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China Railway Materials Commercial Corporate (CRMCC, Chinese: 中国铁路物资(集团)总公司) is a state-owned company of China, under the supervision of State-owned Assets Supervision and Administration Commission of the State Council.
The predecessor of the group was the Materials Administration Bureau of the Ministry of Railways (Chinese: 铁道部物资管理局).
The major subsidiary of the company was China Railway Materials Company Limited (CRM, Chinese: 中国铁路物资股份有限公司). In 2010, most of the assets of CRMCC was injected to CRM, (a intermediate holding company was excluded; Chinese: 中铁物总投资有限公司)[2] as well as a plan to float CRM in Shanghai and Hong Kong Stock Exchange was announced. However the company did not proceed the process.
In 2014 CRMCC was renamed from Chinese: 中国铁路物资总公司 to current name Chinese: 中国铁路物资(集团)总公司.
The company was a partner of former Australian listed company FerrAUS Limited,[3] Swiss company African Iron Ore Group[4] and British listed company African Minerals Limited.