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601186 On Other Exchanges
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china railway construction-a (601186) Snapshot

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china railway construction-a (601186) Details

China Railway Construction Corporation Limited, together with its subsidiaries, engages in the construction, survey, design and consultancy, logistics, real estate, manufacturing, and construction materials trading businesses in China and internationally. Its projects include railway, highway, urban rail transportation, water conservation and hydroelectricity, airport and wharf, house building, and municipal work projects. The company is also involved in the provision of survey, design, and consultation services for railway, highway, city rail, tunnel, and municipal projects, as well as technology and equipment research and development services; and the development, construction and sale of real estate properties. It also offers industrial manufacturing services, which include specialized railway products, such as high speed railway switches, springs, and rail fasteners, etc.; and road maintenance machinery, including ballast cleaning machines, tamping machines, distributing machines, stabilizing machines, etc. The company was founded in 2007 and is headquartered in Beijing, China. China Railway Construction Corporation Limited operates as a subsidiary of China Railway Construction Corporation Group.

249,624 Employees
Last Reported Date: 03/30/15
Founded in 2007

china railway construction-a (601186) Top Compensated Officers

Chairman and Chairman of Nomination Committee
Total Annual Compensation: CNY995.0K
Chief Legal Counsel, Vice President, Executiv...
Total Annual Compensation: CNY880.0K
Compensation as of Fiscal Year 2014.

china railway construction-a (601186) Key Developments

China Railway Construction Corporation Limited to Amend Articles of Association

China Railway Construction Corporation Limited announced completion of the non-public issuance of A shares of the company. In view of the completion of the non-public issuance, the articles in respect of the registered capital and the shareholding structure and other matters in the articles of association of the company need to be amended.

Shenzhen Metro Group and China Railway Construction Investment Group Win Build-Operate-Transfer PPP Contract for the Inaugural Light Rail Project in Shenzhen

A consortium of Shenzhen Metro Group and China Railway Construction Investment Group has won a build-operate-transfer PPP contract for the inaugural light rail project in Shenzhen. An 11.9km 1435mm-gauge line in the northern Longhua district, comprises a 9.2km section from Longhua station on metro Line 4, following the metro as far as Qinghu. Further, the line continues north along Meilong Avenue and Dahe Road to Huanguan South Road, where a 2.7km Yuangang diverges. The line continues north along Dahe Road, to serve Jinxiang Industrial Park before terminating at an interchange with the northern extension of metro Line 4 in Guanlan. Contract signing follows a 10-month tender process and marks the official beginning of the project. Completion of the construction is expected in 2016. Subsequently, the consortium will be responsible to operate the service under a 20-year concession agreement in what is the first PPP contract awarded in China for a light rail project. Shenzhen plans development of a 10-line light rail network, with subsequent lines expected to serve the city of Shenzhen and the districts of Longgang, Pingshan, Bao'an, and Guangming.

China Railway Construction Corporation Limited Announces Resignation of ZHANG Zongyan as Executive Director and President

The board of directors of China Railway Construction Corporation Limited announced that the Board received the letter of resignation from Mr. ZHANG Zongyan, an executive director and the president of the company, on 6 July 2015, pursuant to which Mr. ZHANG resigned from the positions of the executive director and the president of the company due to other work arrangement and will not hold the position of the chairman of the Strategy and Investment Committee of the Board of the company. Upon the resignation of Mr. ZHANG, Mr. ZHUANG Shangbiao, an executive director, a vice president and the chief legal counsel of the company, will be in charge of the work of the management of the company.

 

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601186:CH CNY16.47 CNY +0.58

601186 Competitors

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Company Last Change
ACS Actividades de Construccion y Servicios SA €30.55 EUR +0.275
China Communications Construction Co Ltd CNY14.46 CNY +0.34
China Railway Group Ltd CNY13.14 CNY +0.38
China State Construction Engineering Corp Ltd CNY6.96 CNY +0.03
Vinci SA €58.40 EUR +2.32
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Industry Analysis

601186

Industry Average

Valuation 601186 Industry Range
Price/Earnings 16.9x
Price/Sales 0.3x
Price/Book 2.0x
Price/Cash Flow 15.9x
TEV/Sales NM Not Meaningful
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