Daqin Railway (company) explained

Daqin Railway Company Limited
Type:public
Foundation:2004
Location:Datong, Shanxi
China
Key People:Chairman

Mr. Wu Xun

Num Employees:40,388[1]
Industry:Transportation
Products:Rail transport
Parent:CR Taiyuan
Owner:CR (61.70%)
Homepage:daqintielu.com

Daqin Railway Co., Ltd. is a Chinese company that operates several railways with a total length of 1000 km, including the Daqin Railway and most assets on railway transportation of CR Taiyuan. The company is based in Datong, Shanxi. It was listed on the Shanghai Stock Exchange in 2006 with IPO capital raising of $1.9 billion US dollars.[2]

Daqin Railway is a component of SSE 50 Index. The parent company of Daqin Railway was CR Taiyuan, a state-owned enterprise that the China Railway acted as its only shareholder.

Notes and References

  1. http://wrightreports.ecnext.com/coms2/reportdesc_COMPANY_C156RQB00 Daqin Railway Company Ltd Company Profile - 601006 CHINA Market Size, Market Share and Demand Forecast
  2. http://www.iht.com/articles/2006/07/20/bloomberg/sxchirail.php Daqin Rail share sale generates $1.9 billion