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China
Railway Erju Group Corporation (CREGC) was
established in 1950. At the time of its
establishment, it was awarded a banner of
“Trailblazing Pioneers” by Marshal He Long.
Continuously holding high this banner, CREGC has
successfully constructed Chengdu – Chongqing
Railway, the first railway of People’s
Republic of China, and Chengdu – Kunming
Railway through so-called “a Geological
Forbidden Zone”, and by participating into the
construction of Hengyang – Guangzhou Railway,
the constructed Section was honored as the first
Whole Section Excellent Quality Works of China
in the history of the railway construction
industry of China. In more than half a century,
CREGC has made remarkable contributions to the
construction of the country, and become a first
class enterprise of Trailblazing Pioneers true
to its name.
After
the national policy of Reform and Open was
initiated, CREGC has comprehensively
participated in market competition, starting
from its business in Shenzhen Economic Special
District, and toward whole China and
international market. It is developed from sole
construction of railway projects to the all
fields of construction industry with
configuration of diversified businesses. CREGC
has build up a modern enterprise system through
promotion of reform. In 1998, it successfully
completed system reform, and established its
shareholding company - China Railway Erju Co.,
Ltd (CREC), which was listed at Shanghai Stock
Exchange on May 28, 2001, being the first listed
company in China Railway Construction Industry.
In the new century, by implementing the
enterprise’s development strategy of
“Focusing on the Vertical Integration of the
Value Chain in Engineering and Construction
Industry, Developing Relevant Diversified
Businesses Reasonably”, CREGC has completed
the expansion and adjustment of its market
allocation and industry structure, and initiated
a new situation of rapid and sustained
development. With the development of past
several decades, CREGC becomes an enterprise
with total assets of RMB 11,000 million, annual
turnover of RMB 12,000 million plus and annual
overall production capacity of more than RMB
20,000 million plus. It has owned 10,000
technical professionals of various disciplines.
With
its strength and rich experiences in engineering
consulting & design, investment on
infrastructure project, management construction
of project, economical strength, resources
integration competence, financing ability and
high reputation, CREGC has established
creditable social images. As a key enterprise of
foreign economy and trade in China, CREGC has
both rights to deal with international economic
and technical cooperation and foreign trade
activities. It has competence to perform general
contracting of large scale international
projects, and it ranks in the top 225
international contractors globe wise ranking
list of Engineering News Record (ENR). With its
various businesses in more than 40 countries and
regions currently, the major business of CREGC
covers urban operation, investment of
infrastructure project, project construction
management, real estate development, environment
protection industry, construction of civil
engineering works, survey and design, urban rail
transit, railway electrification, power supply,
telecommunication, signaling works,
manufacturing of vans and machinery, production
of ready-mixed concrete, hotels service, rental
and leasing of construction equipment and
architectural decoration. It has been awarded
ISO9001 Quality System Certificate, ISO19001
Environment Management Certificate and OSHMS
-18000 Occupational Safety & Health
Management Certificate.
Sticking
to its business philosophy – “Survive
through Competition, Cooperate for Co-wins,
Develop by Innovation” and following the
Quality policy of “Taking human Quality as
Basis to Create Excellent Quality Works;
Pursuing Excellences to Satisfy Clients”,
CREGC has created splendid achievements at the
time of benefiting the society. It has been
awarded 7 Lu Ban Prizes – the highest honor in
China Construction Industry, 23 Science &
Technology Progress Prizes at national,
provincial and ministerial levels, and 80
National Excellent Quality Works Prizes. It was
ranked No. 1 among China’s Top 500
Construction enterprises for three times and
honored with the titles of China Construction
Enterprise of Merits and National Advanced
Construction Enterprise of High Quality and
Efficiency and Chinese Clients’ Satisfactory
Construction Enterprise, National May 1 Work
Prize etc.
Grasping in development
trend of economic globalization currently, CREGC
speeds up execution of its development strategy,
laying its emphasis on critical part of industry
chain and high portion of value chain to
participate in market competition both at home
and abroad, so as to make the upstream business
(viz. engineering consultation & design,
infrastructure project development, project
investment, project management) bigger, to make
the midstream business (viz. execution of civil
engineering construction works) stronger and
perfect as well as to expand the downstream
business (viz. operation, management and
maintenance of all kinds of infrastructures).
CREGC will also reasonably develop the relevant
diversified businesses such as resources
development and urbanized industry, consolidate
its advantages on foreign economic and technical
cooperation further, and extensively involve in
international competition and cooperation. By
doing so, CREGC will build up a reciprocal
development pattern that integrates
infrastructure investment, resources
development, urban construction project
construction. With integration of construction
operation, capital operation and knowledge
operation, CREGC has been devoting itself to
becoming a leading engineering contractor and
urbanization operator proficient in providing
all-round engineering and construction services
with international competitiveness.
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