China Railway Construction Corporation sets up a new company!

2025-03-04 16:31:30

On March 4, China Railway Construction Corporation issued the resolution announcement of the 36th meeting of the fifth board of directors of China Railway Construction Corporation Limited. The announcement shows that the 36th meeting of the fifth board of directors of China Railway Construction Corporation Limited was held on March 3, 2025 by means of communication voting to consider and adopt the Bill on the Establishment of China Railway Construction Science and Technology Research Institute Co., Ltd. It is agreed to establish a wholly-owned subsidiary, China Railway Construction Science and Technology Research Institute Co., Ltd. (Subject to the name approved by the industrial and commercial administration department).

On March 4, China Railway Construction Corporation issued the resolution announcement of the 36th meeting of the fifth board of directors of China Railway Construction Corporation Limited. The announcement shows that the 36th meeting of the fifth board of directors of China Railway Construction Corporation Limited was held on March 3, 2025 by means of communication voting to consider and adopt the Bill on the Establishment of China Railway Construction Science and Technology Research Institute Co., Ltd. It is agreed to establish a wholly-owned subsidiary, China Railway Construction Science and Technology Research Institute Co., Ltd. (Subject to the name approved by the industrial and commercial administration department).

Super Architecture understands that China Railway Construction Science and Technology Research Institute (established on November 25, 2024) is a research and development institution directly under China Railway Construction, mainly responsible for strategic consultation, scientific and technological research and development, industrial incubation and other work. Relevant reports show that in 2024, China Railway Construction took scientific and technological innovation as a breakthrough to cultivate new quality productivity, accelerated the construction of "1 + 9 + N" scientific and technological innovation system, established the General Institute of Science and Technology Research, and successively established six industrial technology research institutes, namely, green low-carbon, underground space, new materials, high-end equipment, new energy and bamboo.

Super Construction has learned that the construction of China Railway Construction's "1 + 9 + N" scientific and technological innovation system is a major strategy that China Railway Construction is vigorously implementing in recent years: "1" is China Railway Construction Science and Technology Research Institute; "9" refers to 9 industrial technology research institutes, including artificial intelligence, green low-carbon, new energy, new materials, high-end equipment, underground space, urban renewal, marine economy and intelligent operation; "N" refers to the open joint research and development platform established by the company with universities, scientific research institutes and upstream and downstream enterprises in the industrial chain to carry out joint research and development and accelerate the transformation into productive forces.

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On April 10, Evergreen (000789) announced that as of April 9, 2025, the company had repurchased 38.47 million shares, accounting for 4.82% of the total equity, with a repurchase amount of 199 million yuan and a repurchase price range of 4.97 yuan per share to 5.44 yuan per share.