China Communications Construction Company Limited

Updated: October 21, 2016 Source: sasac.gov.cn
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China Communications Construction Company Limited (“CCCC” or the “Company”), initiated and founded by China Communications Construction Group (“CCCG”), was incorporated on 8 October 2006. Its H shares were listed on the Main Board of Hong Kong Stock Exchange with stock code of 1800.HK on 15 December 2006. The Company (including all of its subsidiaries except where the content otherwise requires) is the first large state-owned transportation infrastructure group entering the overseas capital market. As at 31 December 2009, CCCC has 112,719 employees and total asset of RMB267,900 million (in accordance with PRC GAAP). Among 127 central enterprises governed by SASAC, CCCC ranked No.12 in revenue and No.14 in profit for the year. 

The Company and its subsidiaries (collectively, the “Group”) are principally engaged in the design and construction of transportation infrastructure, dredging and heavy machinery manufacturing business. It covers the following business aspects: port, terminal, road, bridge, railway, tunnel, civil work design and construction, capital dredging and reclamation dredging, container crane, heavy marine machinery, large steel structure and road machinery manufacturing, and international project contracting, import and export trading services. It is the largest port construction and design company in China, a leading company in road and bridge construction and design, a leading railway construction company, the largest dredging company in China and the second largest dredging company (in terms of dredging capacity) in the world. The Company is also the world’s largest container crane manufacturer. The Company currently has 34 wholly- owned or controlled subsidiaries.

Through participation in state level engineering construction projects, the Company has made significant contribution to the transportation infrastructure in the PRC, and has set many records recognised as the “first”, the “best” and the “most“ in the history of port and bridge construction not only in the PRC but also the rest of Asia and around the world. The Company has been involved in the design and construction of a significant number of large and medium-sized ports and navigation channels along China’s coast and inland rivers, and infrastructure construction projects such as major first-class expressways, as well as large and mega bridges, tunnels in China. Sutong Yangtze River Bridge, Hangzhou Bay Bridge, Yangshan Deepwater Port, not only reflect the state-of-the-art standard in China, but also globally. The Company owns the largest fleet of dredgers in the PRC, and ranked No.2 globally in terms of both total capacity of trailing suction hopper dredger and total cutter suction dredger. The Company’s container crane business accounted for more than 78% of the global market share in terms of units ordered in 2008, with products spreading across 73 countries and regions. The Company entered the railway market in 2005 and participated in design and construction of several national key railway projects successively, including Wuhan-Hefei Railway, Taiyuan-Zhongwei-Yinchuan Raiway, Harbin-Dalian PDL, Beijing-Shanghai PDL, Shijiazhuang-Wuhan PDL, Guiyang-Guangzhou Railway, Lanzhou-Chongqing Railway, Hunan-Guangxi Railway, etc. 

The Company has actively participated in and competed for projects under external assistance and the international contracting projects. It has established an eminent reputation in Asia, Africa, Middle East and South America for the past 20 years. It has been included in the Engineering News Records’ (“ENR”) list of the world’s top 225 international contractors since 1992 consecutively and remains ranked the first among the Chinese enterprises in ENR in 2008 in terms of revenue from overseas projects.

The Company has been committed to its brand development strategy and technology innovation, which has enabled it to successfully attract talent. The Company retains three members of the Chinese Academy of Engineering, one National Reconnaissance Master, 13 National Design Masters and many other national senior engineers and experts. The Company also possesses advanced technologies, research and development capabilities and equipment as well as 10 national level design institutes, two national level science and research centres and seven key laboratories holding various scientific achievements and self-developed intellectual property rights with international standards. In the past 10 years, the Company has won more than 160 awards including “National Award for Scientific and Technical Progress”, “China Civil Engineering Zhantianyou Award”, “China Construction Project Luban Award” and “National High Quality Prize”.

The Company owns a diverse range of specialised equipment, including modern dredging vessels, dedicated transportation fleet for port machinery, various equipment for marine and onshore engineering, as well as various state-of-the-art machinery and equipment for investigation, design and research, which enables the Company to win and perform contracts for challenging large-scale complex projects.

The Company is committed to developing the transportation infrastructure business in the PRC and abroad as well as providing its customers with high quality services and products by consistently pursuing its corporate mission of “Trustworthy service to clients, High quality returns to shareholders and Consistent out-performance”.

Editor: Li Jing