China Railway Materials Co., Ltd., founded in 1887, is a large supply chain service enterprise group focusing on railway materials and steel/mineral products, and is a large railway material supply chain service provider in China
China Railway Materials Co., Ltd. (hereinafter referred to as "China Railway Materials") is a joint stock limited company approved by the State-owned Assets Supervision and Administration Commission of the State Council and established by the overall reorganization and restructuring of China Railway Materials (Group) Corporation (formerly known as the Materials Administration of the Ministry of Railways). The earliest enterprise can be traced back to the Tanggu Materials Department of China Railway Company, which was established in 1887.
Focusing on railway material supply and supporting services, bulk means of production trade and integrated logistics services, China Railway has established a leading position in the industry by relying on nationwide procurement channels and sales networks, profound industry experience, professional service system and strong logistics capabilities. At present, the company's business system includes railway oil, rails, locomotive and rolling stock parts, steel, minerals, coal and other business varieties, covering related logistics services, bidding agency, international trade, industrial manufacturing, financial leasing and other business forms. Headquartered in Beijing, the capital of the company, the company has overseas offices in the United States, Australia, Hong Kong and other places. From 2010 to 2012, it entered the "Top 500 World Enterprises" for three consecutive years. In 2012, the operating income of China Iron was 234.53 billion yuan, ranking 292nd in the "Top 500 World Enterprises" of Fortune magazine, 38th in the "Top 500 Chinese Enterprises" and 19th in the "Top 500 Chinese Service Enterprises".
China Railway focuses on comprehensive services for the railway industry, and is the railway material supply service provider with the longest history, the largest scale, the most comprehensive products, the strongest service capabilities and the most rich industry experience in China. For the main materials required for China's railway operation, equipment manufacturing and railway construction, we provide a full range of supply services including procurement and supply, quality control, logistics organization, inventory management, production and processing, information management, etc., which effectively ensures the quality, quantity and timely supply of railway materials across the country, and effectively reduces the comprehensive cost, making important contributions to the national railway construction, production and transportation, operation and maintenance. At the same time, the company actively adapts to the in-depth changes in the railway market, continues to enhance its influence in the railway operation and maintenance market, increases investment in scientific research with the help of the "Thousand Talents Plan", fills the domestic gap in the new field of rapid railway polishing and track maintenance technology, and fulfills the national mission and social responsibility.
Standing at a new historical starting point, China Railway actively responds to and implements the new development concept of "innovation, coordination, green, openness and sharing", puts forward the development prospect of "building a production service enterprise group with international standards", and determines the development orientation of "taking the comprehensive service of the railway rail transit industry as the foundation and appropriately related and diversified production service enterprise group". The company practices the core values of "integrity and diligence, innovation and win-win", focuses on the "big railway" rail transit industry including state-owned railways, local railways, urban light rail, subways and railways of industrial and mining enterprises, etc., deeply cultivates the three major business areas of "integrated supply of railway materials, comprehensive services of railway logistics, and railway-related diversified business", adheres to the "marketization, capitalization, internationalization, integration, refinement, and people-oriented" as the transformation development direction and strategic implementation path, and reforms and innovations through transformation and upgrading. Gradually build the company into a production service enterprise group with international standards, and make new contributions to the development of the national economy and the great rejuvenation of the Chinese nation.
