china railway map 2023
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); A plan to float CRM in Shanghai and Hong Kong Stock Exchange was announced in the same year. However, the company did not proceed the initial public offering.