Type State-owned Website crmsc.com.cn Revenue 47.8 billion CNY (2015) Total assets 54.6 billion CNY (2015) | Products Rail Track Headquarters Beijing Founded 1979 Total equity 5.2 billion CNY (2015) | |
Industry Trading, Construction materials Net income (CN¥448.6 million) (2015) Parent China Railway Materials Commercial Corp. Owner State-owned Assets Supervision and Administration Commission of the State Council (100%) Subsidiaries Union Park Company Ltd. | ||
China Railway Materials Commercial Corp. (CRMCC, Chinese: 中国铁路物资(集团)总公司) is a state-owned company of China, under the supervision of State-owned Assets Supervision and Administration Commission of the State Council.
The predecessor of the group was the Materials Administration Bureau of the Ministry of Railways (Chinese: 铁道部物资管理局).
The major subsidiary of the group was China Railway Materials Co., Ltd. (CRM, Chinese: 中国铁路物资股份有限公司). In 2010, most of the assets of CRMCC was injected to CRM, excluding the investment vehicle of CRMCC: China Railway Materials Investment (Chinese: 中铁物总投资有限公司) as well as a plan to float CRM in Shanghai and Hong Kong Stock Exchange was announced. However, the company did not proceed.
In 2014 CRMCC was renamed from Chinese: 中国铁路物资总公司 to current name Chinese: 中国铁路物资(集团)总公司.
The company was a partner of former Australian listed company FerrAUS Limited, Swiss company African Iron Ore Group and British listed company African Minerals Limited.