Historical evolution of China Railway Materials Co., Ltd.

1887, Tanggu ministry of materials and equipment, China Railway Corporation was established. 1949, the Ministry of Railways Materials Bureau was established. 1May, 1979, the Material Management Bureau of the Ministry of Railways realized the enterprise reform. 1July, 1989, the Material Management Bureau of the Ministry of Railways was officially revoked and renamed as China Railway Material Corporation. In June 2004, 5438+ 10, the company was placed under the management of the State Council SASAC. In 2006, China Railway Materials ranked 42nd among the top 500 enterprise groups in China. In 2007, the sales revenue was 79 billion yuan and the total assets was 25.3 billion yuan, ranking 37th among the top 500 enterprise groups in China. 20 1 1 annual sales revenue 154 1 100 million yuan, ranking 430th in Fortune Global 500. 20 12 On July 7th, China Railway Materials Co., Ltd. (hereinafter referred to as China Wu Tie) officially launched the long-planned A+H listing plan. According to the information disclosed by the CSRC in advance, China Wu Tie plans to issue no more than 2.77 billion A shares on the Shanghai Stock Exchange, raising no more than 6 billion yuan, which is one-third of the average listing size of central enterprises over the years. At the same time, it is planned to issue H shares in Hong Kong, with no more than 65.438+24.8 million shares.