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The merger came into effect 1 June 2015, with each CNR share exchanged for 1.1 CSR shares - the combined company became the largest railway rolling stock manufacturer in the world, and held over 90% of the Chinese market. Total employment of the combine was 175,700 persons, and the share capital was valued at CN¥27.289 billion. [1]
CRRC Group Corporation, known as CRRC Group, is a Chinese state-owned holding company, direct parent company of CRRC and 32 other subsidiaries; if including second-tier subsidiaries, the holding company is the head of 112 legal entities (as in 2016).
As of 2019, Bill Gates was the largest single shareholder of CN stock, owning a 14.2% interest through Cascade Investment and his own Bill and Melinda Gates Foundation. [9] From 1919 to 1978, the railway was known as "Canadian National Railways" (CNR).
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List of companies included in the Canadian National Railways, from CN Synoptical History of Organization, Capital Stock, Funded Debt and Other General Information ^ Aqua train ^ Belt Railway of Chicago, History Archived 2006-02-08 at the Wayback Machine .
China Railway Group Limited, known as CREC (the acronym of its predecessor and parent company China Railway Engineering Corporation), is a Chinese construction company which floats in Shanghai and Hong Kong stock exchanges. The major shareholder of the company is the state-owned China Railway Engineering Corporation (CRECG).
The company made an IPO of $2bn in 2009 on the Shanghai stock exchange. [ 5 ] [ 6 ] From the early 21st century onwards the group began a strategic diversification into wind turbine manufacture - its first major new facility was a 500 turbine per year capacity factory in Songyuan , (built 2009–11), established through CNR Wind Power Co.
The limited company was incorporated in 2007 in order to float the assets of China Railway Construction Corporation [Group] (CRCCG, simplified Chinese: 中国铁道建筑总公司; traditional Chinese: 中國鐵道建築總公司, or the holding company) in Shanghai and Hong Kong stock exchange. CRCCG retained some assets which was deemed not ...