CRCC High-Tech Equipment

CRCC High-Tech Equipment

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Last update: Dec 6, 2024 Last update: Dec 6, 2024
General
Jobs
Shortlists/Awards
Pricing strategy
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Details

Legal residence:China
Organization type:Consulting organization
Funding agencies:ADB, WB
Asian Development Bank (HQ), World Bank HQ
Sectors:Transport, Vehicles
Transport, Vehicles
Sanctions:Check now
Status:
Active

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About

CRCC High-Tech Equipment Corporation Limited designs, develops, manufactures, and sells a range of large railway track maintenance machinery in Mainland China. 

CRCC High-tech Equipment Corporation Limited (CRCCE) was founded in 1954. It is a subsidiary of China Railway Construction Corporation Limited (CRCC) and is the leading enterprise in the large railway track maintenance machinery industry in China. In 2015, the Company was restructured and renamed from China Railway Large Maintenance Machinery Corporation Ltd. to CRCCE and listed on the main board of the HKEX (stock code 1786.hk).

For many years, CRCCE has devoted itself to the development of railway track maintenance machinery and grasped the fast growing market opportunities of large railway track maintenance machineries both at home and abroad. Capitalizing on its leading market position, a comprehensive product portfolio, integrated industry value chain, strong R&D and product development capabilities, extensive business network, excellent customer services, leading manufacturing and maintenance technologies and an advanced quality management system, the Company provides customers with secure, trusted and quality reliable products as well as comprehensive and systemic solutions.

Since the Company sold its first large railway track maintenance machine in 1989, as of the end of 2015, CRCCE has produced more than 2400 large railway track maintenance machines, which accounted for more than 80% in China, marking it the largest developer, manufacturer and service provider in China.

In terms of the sales revenue of manufacturers of large railway track maintenance machinery in 2014, the Company ranked No.1 in Asia and No.2 globally. The Company’s main business covers manufacturing and sales of machine, parts and components sales and services, overhaul services and railway lines maintenance service. Large railway track maintenance machinery played an irreplaceable role in previous speed acceleration of Chinese railway as well as the running of Qinghai-Tibet railway and high speed railway. It also guaranteed the transport safety, promoted reformation of railway maintenance process and system in China, and speeded up the technological progress.

Up to now, CRCCE has more than 60 categories of railway maintenance machines in various sizes, covering tamping, ballast cleaning, ballast distributing and profiling, stabilizing, material conveying, and rail reprofiling. Furthermore, CRCCE has feature-riched and serialized products whose range covers under the sleeper, on the track and overhead line, filling the gap of domestic industry.

The Company has been certified by Quality Management System, Environment Management System, Occupation Health Safety Management and EN15085-2 European Welding Quality Authentication. With the first-class technology, the Company was accredited as the “National Large Railway Track Maintenance Machinery Engineering Research Center”, the “National Large Railway Track Maintenance Machinery High-Tech Industrialization Base”, “International Science and Technology Cooperation Demonstrator Base” and “High-Tech Enterprise”.

CRCCE will continue to concentrate on developing large railway track maintenance machinery business, strengthening the leading position in domestic market. The Company will strive to be the most competitive manufacturer and provider of railway track maintenance machinery in the world, and become the center of manufacture, technology, engineering experiment detection and training in the world large railway track maintenance machinery. The Company’s target is to be the most competitive, world-class railway track maintenance machinery and equipment enterprise.

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