1786.HKSE: CRCC High-Tech Equipment Corporation
Below is just a sample of the Company website (source: About / Company Profile ) Story Floods has reviewed with some preliminary suggestions. Should the Company decides to accept these edits, please extend the professional curtesy of informing Story Floods at support@storyfloods.com ; or if the Company has further questions, please also feel free to contact Story Floods at support@storyfloods.com
| Items | Suggest the Following Edits (as of Mar 31, 2021) |
|---|---|
| 1 | change to “CRCC High-Tech Equipment Corporation Limited (CRCCE) was originally founded in 1954 as China Railway Large Maintenance Machinery Corporation Ltd. It was a subsidiary of China Railway Construction Corporation Limited (CRCC) and a leading enterprise in the large railway track maintenance machinery sector in China. In 2015, the Company was restructured, renamed as CRCCE, and listed on the Main Board of the Hong Kong Stock Exchange (stock code: 1786.HKSE)” |
| 2 | change to “Since the Company sold its very first large railway track maintenance machine in 1989, as of end of 2017, CRCCE has produced more than 2,700 large railway track maintenance machines, which accounted for more than 80% market share within China.” |
| 3 | For items 1 and 2, if the Company was founded in 1954, but did not sell its very first machine until 1989, what has the Company been doing between 1954 and 1989? |
| 4 | For item 2, would the Company update more recent figures, the figures given were as of year 2017. |
| 5 | For item 2, were the figures 2,700 and 80% for the year 2017 only, or are cumulative for years from 1989 to 2017? |
| 6 | Was the Company ranking of No. 1 in Asia and No. 2 globally, in terms of what, “capacity, production, sales revenue, or others?” Was this ranking as of year 2017, if so, are there more recent rankings? |
| 7 | change to “The Company’s main business spans manufacture, sales and services of machine, subsystems, and components, as well as overhaul and railway lines maintenance services. Large railway track maintenance machinery was the key equipment for the accelerated development of China’s railways, especially the Qinghai-Tibet railway and the high-speed railways. The Company ensured the transport safety, revamped the railway maintenance process, and advanced the technological development.” |
