China Railway Science & Industy Group Co.

Name

China Railway Science & Industy Group Co.

Legal name

中国中铁股份有限公司 (China Railway Group Limited)

Website

https://crsic.cn

Company type

Public

Founded year

1950

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Wuhan

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Technology or R&D, Infrastructure, Operations

Revenue model

1. Infrastructure Construction: Engineering survey, design and construction services for railways, highways, bridges, tunnels, and urban rail transit
2. Industrial Equipment Manufacturing: Manufacturing and export of tunnel boring machines (TBMs), railway turnouts, electrification systems, and steel structures
3. Real Estate Development: Specialized real estate development under '特色地产' brand
4. Resources and Mining Development: Resource development including Luisha Copper-Cobalt Mine in DRC
5. Financial Investment: Financial investment and asset management operations
6. Survey, Design and Consultation: Engineering survey, design and consultation services

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

China Railway Science & Industry Group Co. (CREC) is a state-owned infrastructure conglomerate that manufactures construction and operation equipment for railways, highways, bridges, and tunnels - including tunnel boring machines (TBMs), high-speed rail turnouts, railway electrification systems, and large-scale steel structures. The company also delivers full-service infrastructure construction including engineering survey, design, and construction services for railways, highways, bridges, tunnels, and urban rail transit, supported by an integrated industrial chain from raw materials to finished equipment.

Product overview

China Railway Science & Industry Group Co. (CREC) operates as a multi-segment infrastructure and industrial manufacturing conglomerate with a platform-plus-products architecture. The company offers comprehensive railway and infrastructure construction services, supported by proprietary industrial manufacturing including Tunnel Boring Machines (TBMs), railway electrification systems, high-speed rail turnouts, and steel structures. CREC's industrial manufacturing portfolio spans steel bridges (built over 1,000 units), railway turnouts across all speed grades (160-600 km/h including maglev), and urban rail transit systems covering all domestic product categories. These manufacturing capabilities are deployed both domestically and exported to 30+ countries through global business operations.

Differentiator

Problem solved

Functional benefit

Brands

• 开路先锋 (Pathbreaker) Culture: The core corporate culture and brand identity of CREC representing pioneering spirit in infrastructure construction

Products and services

• Steel Bridges (钢桥梁) Steel bridge construction and manufacturing for infrastructure projects. Built over 1,000 steel bridges including 52 crossings of the Yangtze River, 29 crossings of the Yellow River, and 27 bay connections. First to enter ocean bridge construction era in 1998.
• Railway Turnouts (铁路道岔) Railway turnout and switching equipment manufacturing covering all speed grades from 160 km/h to 400 km/h high-speed turnouts and 600 km/h high-speed maglev turnouts, with processing precision controlled within 0.1 mm. Products exported to 37 countries and regions with over 70% market share in Thailand railway turnout market.
• Urban Rail Transit Systems (城市轨道交通) Full-coverage urban rail transit product manufacturing. The only domestic manufacturer covering all categories of urban rail products. Includes precision magnetic levitation turnouts for Beijing S1 line achieving 'coin not falling' stability. Mango Expo exhibits showcase precision maglev turnouts.
• Tunnel Boring Machines (TBMs) Tunnel boring machines for railway and infrastructure construction. CREC is a global leader with TBMs as bestsellers, exported to over 30 countries including Türkiye. Used for tunnel construction in single-pass applications.
• Railway Electrification Systems Complete railway electrification systems for infrastructure construction, exported to more than 30 countries worldwide. Includes scale and reliability differentiated solutions.
• Infrastructure Construction Services Full-service infrastructure construction including railways, highways, bridges, tunnels, and major engineering projects. CREC projects account for approximately 2/3 of total Chinese railway mileage. Includes Belt and Road Initiative projects such as China-Laos Railway, Hungary-Serbia Railway, Pelješac Bridge in Croatia, and Morocco Railway Capacity Enhancement Project.
• Survey, Design and Consultation Services Engineering survey, design, and consultation services for infrastructure projects. Includes bridge survey and design capabilities through China Railway Bridge Academy.
• Resource Development and Mining Operations Resource development and mining operations, including copper-cobalt mining projects such as the Luisha Copper-Cobalt Mine in the Democratic Republic of Congo. Includes PV energy storage microgrid power purchase project installation.

Quantifiable outcome

• Projects account for 2/3 of total mileage of Chinese railways
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Scale indicators13 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Caterpillar: Global heavy equipment incumbent that competes with CREC's construction machinery segment across earthmoving, material handling, and infrastructure project equipment, with broader portfolio reach.
• Komatsu: Japanese construction and mining equipment major; competes with CREC's construction equipment and mining-related businesses across multiple infrastructure categories globally.
• VINCI Construction: Major global infrastructure contractor with overlapping capabilities in bridges, tunnels, and rail construction; competing with CREC for international megaproject concessions outside China.

Regional players

• Larsen & Toubro: Indian engineering and construction conglomerate with strong capabilities in heavy civil infrastructure, rail, and equipment manufacturing; competes with CREC primarily in Asia, Middle East, and Africa project markets.
• Balfour Beatty: UK-based international infrastructure group with rail, tunneling, and bridge construction expertise; competes with CREC primarily in UK, Europe, and selected overseas markets.
• Strabag: Large European construction contractor competing with CREC in tunnels, bridges, and rail infrastructure projects, particularly across European and BRI partner-country tenders.
• Hyundai Engineering & Construction: Korean infrastructure major with comparable capabilities in rail, bridges, and tunneling; competes with CREC in Middle East and Southeast Asia markets on large EPC contracts.

Direct peers

• Herrenknecht: German global leader in tunnel boring machines, directly competing with CREC's TBM line in both Chinese and export markets; most direct technological competitor in mechanized tunneling equipment.
• China Communications Construction Company (CCCC): Closely comparable Chinese SOE rival focusing on transportation infrastructure (highways, bridges, ports, rail) and large-scale overseas BRI contracting, with overlapping capabilities in heavy civil works and equipment manufacturing.
• China Railway Construction Corporation (CRCC): Direct Chinese state-owned peer also under SASAC, competing head-to-head on high-speed rail, bridge, tunnel, and urban transit construction contracts with overlapping product portfolios in turnouts, TBMs, and steel structures.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/CRECofficial
• YouTubeyoutube.com/channel/UCzSFfxZJMSvZUetags_6DNg
• Facebookfacebook.com/CRECofficial
• Instagraminstagram.com/crecofficial

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about China Railway Science & Industy Group Co.