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CHINA RAILWAY GROUP LIMITED

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CHINA RAILWAY GROUP LIMITED - Manufacturing & Construction showcase

Year Founded & Workforce

2008

1,240 Employees

Industry

Manufacturing & Construction

Services

Tunnel Boring Machine
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CHINA RAILWAY GROUP LIMITED Overview

Company Headquarters: Henan, China

Founded: 2008

Workforce: ~1,240

Company Working: China Railway Group Limited (CRGL) designs, manufactures and develops tunnel boring machines for customers across the globe. The company is one of the world’s-leading construction companies in industrial equipment manufacturing, infrastructure construction, scientific research, and consulting. It also operates in real estate development, financial trust, resources development, and other trade activities. CRGL provides business scope covering fields of infrastructures, including highways, railways, municipal facilities, urban rail transits, housing and buildings, hydropower stations, water conservancies, airports, docks, and harbors.

CRGL holds one of the leading positions in the design, development, and manufacturing of machinery equipment. The company owns multiple tunnel boring machines, bridge erecting machines, track laying machines, and shield machines in China. The machinery also comprises ship-mounted cranes with high lifting capacity, deep-sea water working equipment, and catenary installation equipment for electrified railways. The company has a track record of building several projects in Asia, Africa, Europe, South America, and the Atlantic. It currently operates in more than 90 countries and regions across the globe

Strategy

CRGL implements a diversified development strategy to gain numerous achievements in equipment and component manufacturing, survey and design, real estate development, consulting, highway operation, mineral resources development, and financing. It independently focuses on the development and manufacture of heavy industry machinery with advanced technologies. The company is willing to work together with industry participants from all over the world to make better contributions to the social, economic, and infrastructure development across the globe.

Company Snapshot

$79,182M

Revenue

1,240

Employees

2008

Founded

Henan, China

Headquarters

SWOT Analysis

Strengths

  • High focus on R&D
  • Strong product portfolio

Weaknesses

  • Limited presence outside the Asia- Pacific region

Opportunities

  • Market expansion in developed economies

Threats

  • Fluctuating raw-material prices

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Key Developments

DateApproachDevelopment
April 2020Product LaunchCRGL’s subsidiary, China Railway Engineering Equipment Group Co., Ltd (CREG) announced the production of the largest rectangular tunnel boring machine. The product is 14.82 meters in width and 9.446 meters in height.
September 2018Product LaunchChina Railway Engineering Equipment Group Co. Ltd. (CREG) showcased the largest slurry tunnel boring machine (TBM). The new product with a diameter of 15.8 meters will be used for excavating tunnels and supporting the customer requirements.

Product Offering

  • CHINA RAILWAY GROUP LIMITED
    • Tunnel Boring Machine

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Net Sales rose from USD 79,182 Mn in 2016 to USD 91,598.4 Mn in 2018.
CHINA RAILWAY GROUP LIMITED — By Business Segment
Series (USD Mn)201620172018
Net Sales79,18286,526.791,598.4

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