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China Railway Construction Heavy Industry goes public
Seetao 2021-06-22 15:42
  • China Railway Construction Heavy Industry goes public, creating greater value with higher quality and better service
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On June 22, China Railway Construction Heavy Industry Group Co., Ltd. (stock code: 688425, stock abbreviation: China Railway Construction Heavy Industry) made its initial public offering on the Shanghai Stock Exchange and was officially listed for trading on the Science and Technology Innovation Board. Chen Fei, Vice Governor of Hunan Provincial People's Government, Wang Jianping, Secretary of the Party Committee and Chairman of China Railway Construction, Liu Ruchen, Member of the Standing Committee of the Party Committee, Executive Director, General Counsel, and Chief Compliance Officer of China Railway Construction, Yang Huayong, Academician of the Chinese Academy of Engineering, China Construction Machinery Industry Association The leader Su Zimeng, and Liu Feixiang, Secretary of the Party Committee and Chairman of China Railway Construction Heavy Industry Co., jointly sounded the gong to open the market at the Shanghai Stock Exchange. Pan Xuexian, Deputy Secretary of the Party Committee and Chairman of the Board of Supervisors of the Shanghai Stock Exchange, Tan Weihong, Academician of the Chinese Academy of Sciences, Tong Xudong, Secretary of the Party Group and Director of the Hunan Provincial Department of Science and Technology, Huang Zanjia, Secretary and Director of the Party Group of the Shanghai Office of the Hunan Provincial Government, Member of the Standing Committee of the Changsha Municipal Committee of Hunan Province, Economic Development Shen Yumou, Secretary of the District Party Working Committee and Secretary of the Changsha County Party Committee, Hu Jun, Second Inspector of Hunan Provincial Financial Supervision and Administration, Hu Shaofeng, Chief Accountant of China Railway Communication and Signal Group Co., Ltd., Zhao Jinhua, Chief Economist of China Railway Construction, Zhao Dengshan, Secretary of China Railway Construction Board of Directors Zhao Dianlong, Secretary of the Party Committee and Chairman of China Civil Engineering Group Co., Ltd., and other distinguished guests witnessed this historic moment.

Representatives from all levels of government in Hunan, China Railway Construction, industry associations, scientific research institutes, financial institutions, intermediary agencies, as well as shareholder representatives, customer representatives, employee representatives, and long-term partners and representatives of all sectors of society who have been caring about and supporting China Railway Construction Heavy Industry At the scene, we witnessed the listing of China Railway Construction Heavy Industry Co., Ltd.

Liu Feixiang, Secretary of the Party Committee and Chairman of China Railway Construction Heavy Industry, delivered a speech

Speech by Wang Sheng, member of the management committee of CICC, head of the investment banking department and managing director

Speech by Wang Jianping, Secretary of the Party Committee and Chairman of China Railway Construction

Speech by Chen Fei, Vice Governor of Hunan Provincial People's Government

A number of records have been created and attracted the attention of the market

The public offering of 1.285 billion shares, raised funds of 3.688 billion yuan, after the issuance of the company's total share capital of 5.141 billion shares. China Railway Construction Heavy Industry has created a number of science and technology board records, including the first A-share spin-off and listing of a central enterprise, the first science and technology innovation board listing in the construction machinery industry, and the largest fundraising scale in the field of professional equipment manufacturing. This public offering has introduced 22 institutional investors. It is the science and technology innovation board company that has introduced the most strategic investors this year. If the over-allotment option is fully exercised, 15% of the initial issuance scale will be used for over-allotment. The share capital is 5.333 billion shares.

After this public fundraising, the controlling shareholder of China Railway Construction Heavy Industry remains China Railway Construction. Before exercising the over-allotment option, China Railway Construction’s direct and indirect shareholding ratio was 75%.

Pan Xuexian, Deputy Secretary of the Party Committee and Chairman of the Board of Supervisors of the Shanghai Stock Exchange, and Liu Feixiang, Secretary of the Party Committee and Chairman of China Railway Construction Heavy Industry Group Co., Ltd., signed the "Science Innovation Board Listing Agreement"

Pan Xuexian, Deputy Secretary of the Party Committee and Chairman of the Board of Supervisors of the Shanghai Stock Exchange, exchanged listing souvenirs with Liu Feixiang, Secretary of the Party Committee and Chairman of China Railway Construction Heavy Industry Group Co., Ltd.

Listing site

Fourteen years of innovation, a new journey of science and technology innovation board

The development history of China Railway Construction Heavy Industry is a history of struggle for independent innovation. The listing on the Science and Technology Innovation Board will stand at a new starting point, embark on a new journey, and move towards a higher goal. In the past 14 years, China Railway Construction Heavy Industry has always adhered to independent innovation, undertook and participated in many national, provincial and ministerial-level major scientific and technological projects such as the National 863 Program, the National Science and Technology Support Program, and the National Key R&D Program. It has independently developed a number of global and domestic first sets of products. , Filling the industry gap, breaking the long-term monopoly of high-end underground engineering equipment such as tunnel boring machines by foreign countries, and becoming the industry leader.

The 19th National Congress of the Communist Party of China put forward the beautiful vision of building a "transportation power" and "science and technology power". China Railway Construction Heavy Industry is actively taking on its mission, always taking the industry to serve the country as its own responsibility, and using scientific and technological innovation to better meet the needs of the people for a better life. my country's rail transit construction is constantly moving towards modernization and intelligence.

The world's largest high-end underground engineering equipment manufacturing base-China Railway Construction Heavy Industry Changsha Second Industrial Park

In recent years, China Railway Construction Heavy Industry has fully implemented the national "innovation-driven development" strategic requirements, and has promoted the high-end underground engineering equipment represented by the roadheader with the independent innovation spirit of daring to be the first, and realized the innovative breakthrough and part of the "stuck neck" technology. Leading the way, gradually replacing imports with higher performance and better quality and realizing bulk export, changed the situation that the core technology of shield machine is completely monopolized by foreign countries, and promoted the localization and industrialization of tunneling machine equipment. The self-developed long-distance and large-slope dual-mode inclined shaft rock tunnel boring machine, large-diameter mud-water balance shield machine, permanent magnet synchronous drive earth pressure balance shield machine and shield type windlass, etc., have reached the international leading level as a whole.

Especially since 2020, China Railway Construction Heavy Industry has continuously promoted the industrialization of super large diameter shield machines, and has successively shipped more than 5 super large diameter shield machines of 15 meters and above, which were used in Hangzhou Genshan East Road, Xiasha Road Tunnel Project, and Beijing East Road. The development and application of the Sixth Ring Road Reconstruction Project, the Changsha Xiangya Road Crossing River Passage and the Anhui Wuhu River Crossing Tunnel Project have consolidated the independent controllability of the core technology of the domestically-made super-large diameter shield machine, and further promoted the high quality of China's high-end underground engineering equipment. development of.

On September 27, 2020, "Jinghua", the largest domestically-made shield tunneling machine, rolled off the assembly line in Changsha No. 1 Industrial Park of China Railway Construction Heavy Industry Co., Ltd.

At the National Conference of Academicians of the Chinese Academy of Sciences and Chinese Academy of Sciences held on May 28, the general secretary mentioned that "the largest diameter shield machine was launched smoothly", which enabled China Railway Construction Heavy Industry to independently research and develop the domestic largest diameter shield machine "Jinghua" and the domestic C919 large aircraft. The important weapon of other countries has received widespread attention.

Deep integration of "capital, industry, and technology" to make the product industry stronger and better

The funds raised this time will be used for R&D and application projects such as super underground engineering intelligent equipment, R&D center and production base construction projects, etc., which will break through the bottleneck technical problems encountered in the company’s existing production and R&D process and improve the company’s existing R&D sites , And build production lines in accordance with the requirements of continuous changes in product technology, promote the industrialization of the company’s innovative technologies, and further extend and expand the performance and application scenarios of existing roadheader equipment, rail transit equipment and special professional equipment products to better satisfy users Diversified and multi-scenario requirements, strengthen and optimize each product industry, consolidate the company's leading position in technology in the industry, and further enhance the company's core competitiveness.

Liu Feixiang, Secretary of the Party Committee and Chairman of Railway Construction Heavy Industry, said that the Science and Technology Innovation Board was proposed by the general secretary at the first International Import Expo to provide capital services for technological innovation and promote the high-quality development of innovative enterprises. China Railway Construction Heavy Industry will take the opportunity of being listed on the Science and Technology Innovation Board to accelerate the in-depth integration of “capital, industry, and technology”, industrialize more innovative achievements and technologicalize more industrial products, and vigorously build an “innovative and service-oriented” enterprise. Take the development path of "differentiation, intelligence and globalization" and continue to enhance the core competitiveness of the company. In the future, China Railway Construction Heavy Industry will face the frontiers of world science and technology, the main economic battlefield, the major needs of the country, and the health of the people. It will further explore new technologies, develop new industries, and open up new markets to create greater value for customers, shareholders, and society. .Editor/Baohongying

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