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China Railway Engineering Corporation
The China Railway Engineering Corporation (CRECG) is a state-owned holding company of China, which under the supervision by the State Council. The company is the major shareholders of China Railway Group Limited (CREC), its successor.
==History==
The history of the company could be traced back to 1950, which was the General Bureau of Capital Construction of the Ministry of Railways.〔(HISTORY, REORGANIZATION AND CORPORATE STRUCTURE ) Filing in Hong Kong Stock Exchange〕 In 1989, China Railway Engineering Corporation (CRECG) and China Railway Construction Corporation (CRCCG) were formed as subsidiaries of the ministry. In 2000, they were transferred from the ministry to "Central Large Enterprise Work Commission" of the Communist Party of China. In 2003, they were under supervision of State-owned Assets Supervision and Administration Commission, a department of the State Council. Since then, they became competitor despite both state-owned.
Numbers of former subsidiary of CRECG were now belongs to CRCCG, namely China Railway First Survey and Design Institute Group.〔(【引用サイトリンク】script-title=zh:企业机构变迁沿革 )〕
In 2007, a limited company was incorporated (China Railway Group Limited), CRECG transferred most of their assets to the subsidiary.〔(與中鐵工的關係 ) Filing in Hong Kong Stock Exchange 〕 In 2008 the subsidiary became a public limited company which floats in Shanghai and Hong Kong Stock Exchange.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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