China Railway No.2 Group

China Railway No.2 Group Co., Ltd. and China Railway Erju Engineering Co., Ltd. were two closely connected companies. They are formerly parent-subsidiary via China Railway Erju Co., Ltd. (CREC). The group is a Chinese construction company based in Chengdu.

China Railway Erju
Native name
中国中铁二局 (Chinese)
Company typeSubsidiary (former public)
Traded as
SSE: 600528 (former)
IndustryConstruction
Founded
  • 1950
  • 1978
  • 1998 (as limited company)
  • 1999 (as listed company)
  • 2017 (privatization)
Successor
  • China Railway Hi-tech Industry
  • (the listing status only)
Headquarters
Chengdu
,
China
Revenue CN¥51.242 billion (2016)
CN¥00049 million (2016)
Net income
CN¥00168 million (2016)
Total assets CN¥56.146 billion (2016)
Total equity CN¥06.243 billion (2016)
Owner
Chinese Central Government(54.39% indirectly)
general public(45.61% indirectly)
ParentChina Railway Group Limited
Chinese name
Simplified Chinese中国中铁二局集团有限公司
Traditional Chinese中國中鐵二局集團有限公司
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 Engineering Co., Ltd.
Simplified Chinese中铁二局工程有限公司
Traditional Chinese中鐵二局工程有限公司
Website2j.crec.cn
Footnotes / references
in consolidated financial statement

China Railway Erju is formerly listed on the Shanghai Stock Exchange; In turn, Erju (literally means the second bureau [of the former Ministry of Railways]) is an indirect subsidiary of China Railway Group Limited (also abb. CREC, successor of China Railway Engineering Corporation), which in turn indirectly supervised by the State-owned Assets Supervision and Administration Commission of the State Council.

In January 2017, China Railway Group Limited backdoor listing some assets, as well as privatized China Railway Erju's subsidiary China Railway Erju Engineering Co., Ltd. (Chinese: 中铁二局工程有限公司). China Railway Erju was renamed to China Railway Hi-tech Industry (CRHIC) after the transactions.

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