China State Construction Engineering Corporation Ltd (in short: China Construction; Stock code: 601668), formally established on December 10, 2007, was co-initiated by four Fortune Global 500 enterprises: China State Construction Engineering Corp. (CSCEC), China National Petroleum Corporation (CNPC), Baosteel Group Corporation Ltd and Sinochem Corporation. China Construction was successfully listed in Shanghai Stock Exchange on July 29, 2009.
China Construction has inherited all superior assets and corporate culture of CSCEC, with its business covering housing construction, international contracting, real estate development and investment, infrastructure construction and investment, prospecting and design.
China Construction is China’s largest construction and real estate conglomerate and biggest building work contractor. It is the largest transnational construction company in the developing countries and the top home builder in the world, taking the long lead of China’s international contracting business. China Construction is well known in the world for undertaking super high-rise, grand scale, cutting-edge and novel projects and has built up a great number of landmark projects in China and around the world. Such business concept and brand image of China Construction as “Providing Excellent Services across all Continents with Superior Quality as the Top Priority” is universally acknowledged and commended.
China Construction is one of the most integrated construction and real estate conglomerates in China with the longest history of specialized operation and market-oriented management. It is the only construction enterprise in China certified for 3 top grade Qualifications of general contracting for building works, municipal public works and highway works, in addition to “1+4” qualifications and first-grade qualification for engineering design of building industry.
China Construction always regards scientific management and scientific and technical progressing as the engines for its sustainable development. By the end of 2013, it has won 60 State Scientific and Technological Progress Awards and 45 Tien-yow Jeme Civil Engineering Prize. It owns 141 National Construction Methods and 4396 authorized patents, of which, 333 patents being of invention. Other achievements made are such as compiling 57 national and industrial standards, organizing the examination and acceptance of 64 demonstration projects for technical promotion, and undertaking 108 national scientific research tasks supported from the state with the fund amounting to some 520 million yuan.
Established in both domestic and international markets, China Construction operates in more than 20 countries and regions around the world and, in China its business spreads all over the territory except in Taiwan. The main business of the company covers such fields as building construction, international contracting, real estate development and investment, infrastructure construction and investment, prospecting and design, all in the leading position in their respective fields.
In building construction, China Construction, positioning itself at high-end market, persists in the marketing strategies of “reputable clients, reliable markets and remarkable projects” and “to compete at low cost and to manage with high quality”. Through constant exploitation of its own potentialities, strict control of production cost and work quality and seeking of customers’ satisfaction, the company provides its clients around the world with quality works and perfect service at international standard. China Construction has completed a large number of classic projects including public works, offices, airports, hotels, education works, sports facilities, housing, medical works, embassies, industrial works, national defense and military works, etc.
In international contracting, China Construction is the largest international contractor and also the first to launch international contracting in China. Over 30 years, the company has achieved, by the end of 2013, its total contract value for overseas business of US$80.7 billion and total turnover of US$52.4 billion. China Construction has so far completed over 5,600 projects in some 116 countries and regions around the world, with the figures leading all other Chinese international contractors in terms of the contract value, turnover and profit.
In property investment and development, China Construction is one of the largest real estate conglomerates in China. It owns two significant professional sub-brands, namely “China Overseas Property” and “China Construction Property”. “China Overseas Property” is one of China’s most valuable brands, standing in the leading position of property business. “China Construction Property” endeavors to be one of the top quality housing providers in China and has been successful in integrating construction contracting with property development.
In infrastructure development and construction, China Construction is the beginner but the fastest-growing enterprise. It has successfully entered into the markets of railways, super-large bridges, highways and urban rail transportation. So far, the company has undertaken a number of infrastructure projects with extensive influence at home and abroad including railways, highways, bridges, tunnels, airports, ports, power plants, etc.
In design and prospecting, China Construction is one of the largest integrated groups engaged in architectural design, urban planning, project prospecting and design for municipal utility works. In 2009，China Construction restructured seven of its Grade-A prospecting and design subsidiaries and established China Construction Engineering Design Group Corporation Ltd (China Construction Design). The subsidiaries are all leading their business in China’s major economic areas where they locate. China Construction Design Group is in possession of 8,381 professionals of architectural design, urban planning, project prospecting, etc, of whom, there are 1 academician, 5 prospecting and design masters and some 1,735 licensed professionals. The Group has completed a great number of classic works of prospecting and design in China and around the world. By the end of 2013, a total of 1,640 prizes of all kinds have been awarded.
Corporate Mission: Contributing to a Happy Environment
Corporate Vision: To Be the Most Internationally Competitive Construction and Real Estate Conglomerate
Core Values: Quality Assurance and Value Creation
Corporate Spirit: Integrity, Renovation, Transcendence and Win-Win Outcome