China Railway Group (CREC)

China Railway Group (CREC) is a leading construction conglomerate with more than 120 years of history. As one of the world’s largest construction and engineering contractors, CREC holds a leading position in infrastructure construction, industrial equipment manufacturing, scientific research and consulting, real estate development, resources development, financial trusts, trade and other fields. At end 2018, CREC had total owned assets of RMB942.51 billion and net assets of RMB221.98 billion. It ranked 56th among the Fortune Global 500 in 2018, the 13th successive year being listed, while at home it ranked 13th among the Top 500 Chinese Enterprises.