China Railway Construction Corporation and others have established a new development investment company in Anhui.

According to the Qichacha app, Anhui Chitie Development Investment Co., Ltd. was recently established with a registered capital of 100 million yuan. Its business scope includes engaging in investment activities with its own funds, asset management services for fund investments, engineering management services, etc. Qichacha's equity penetration shows that the company is jointly held by China Railway Construction Group Co., Ltd., a wholly-owned subsidiary of China Railway, among others.