SNCF de fer", literally, 'path of iron', means railway). These were the: The French state originally took 51% ownership of SNCF and invested large amounts of public subsidies into the system. Today, SNCF is wholly owned by the French state. Following the 1940 Armistice and until August 1944, SNCF was requisitioned for the transport of German armed forces and armaments. The invading German troops were responsible for the destruction of nearly 350 French railway bridges and tunnels. According to differing estimates, SNCF surrendered between 125,000-213,000 wagons and 1,000-2,000 locomotives. France's railway infrastructure and rolling stocks were a target for the French
China Railway Guangzhou Group Company Law of China. China Railway is a state-owned enterprise (replacing the Ministry of Railways) that the Ministry of Finance acted as the shareholder. The Chinese character means iron, but means railway, thus the company did not have any relation with Guangzhou Iron and Steel (). China Railway Guangzhou Group China Railway Guangzhou Group, officially abbreviated as CR Guangzhou or CR-Guangzhou, formerly, Guangzhou Railway (Group) Corporation from 1993 to 2017 and Guangzhou Railway Administration from 1953 to 1993, is a subsidiaries company under the jurisdiction of the China Railway (formerly the Ministry of Railway). It supervises the railway network within