Introduction of Xi'an Construction Engineering Group Co., Ltd.

Xi'an Construction Engineering Group Co., Ltd. was established in June 2009 and is a large state-owned construction enterprise group in Xi'an. In September 2017, through strategic cooperation with Greenland Holdings Group, a Fortune 500 company, the company took the lead in implementing mixed ownership reforms and realized the diversified allocation of equity, becoming a member of Greenland Holdings Group.

After years of rapid development, Xi’an Construction Engineering has become the first construction company in Northwest China that has “double special-grade” qualifications for general contracting of housing construction and general contracting of municipal public works. In addition, it also owns 20 projects including real estate development and architectural engineering design. The first-level (level A) qualification, as well as the qualification certificate for foreign contracting projects issued by the Ministry of Commerce and the qualification for foreign complete project assistance issued by the Ministry of Commerce, have formed an industry that integrates construction and investment, development and comprehensive transformation, design and service, logistics and operation A large-scale national modernization construction enterprise group with a complete chain. Xi'an Construction Engineering has 14 secondary industry groups, 1 technology research and development center and 1 employee service center, with more than 4,700 employees, including more than 1,000 national registered professional and technical personnel including first-level construction engineers.

Since its establishment, the overall scale and comprehensive strength of Xi'an Construction Engineering have continued to grow, and its main operating indicators have increased significantly year after year. Operating income has increased from 500 million yuan at the beginning to 12 billion yuan in 2017, with a total profit of 226 million yuan. In 2018, Xi’an Construction Engineering Group achieved a good start after the “mixed reform”. The annual operating income was 18.7 billion yuan, the total profit was 570 million yuan, and the newly signed contract value was 48.5 billion yuan. All indicators have achieved rapid progress. increase. In 2019, Xi'an Construction Engineering Group achieved another leap, achieving annual operating income of 30.1 billion yuan, realizing total profit of 906 million yuan, and completing newly signed contracts of 101.9 billion yuan, breaking the 100 billion mark. In 2020, it will realize operating income of 40.6 billion yuan, a year-on-year increase of 34.9%; total profits of 1.21 billion yuan, a year-on-year increase of 34.4%; newly signed contracts of 141.3 billion yuan, a year-on-year increase of 37.4%. The comprehensive strength ranks fourth in the "Xi'an Top 100 Enterprises". Xi'an Construction Engineering Group's status as a national construction enterprise with the central and western regions as the main battlefield has been significantly consolidated and improved.

Xi’an Construction Engineering makes full use of its own qualifications, resources and project advantages to expand its financing business through multiple channels, through a combination of diversified financing products such as bond issuance, registered bills, overseas direct loans, structured financing, financial leasing, asset securitization, etc., and financing costs With continuous decline, the capital structure has become more reasonable. The total amount of credit granted to financial institutions exceeds 21.2 billion yuan. The main credit rating of the group was upgraded to AA+, and the rating outlook is stable, laying a solid foundation for entering the capital market again. It has established long-term strategic partnerships with more than 60 financial institutions, including the four major state-owned banks, China Development Bank, joint-stock banks, Guotai Junan, and Changan Trust.

In recent years, Xi’an Construction Engineering has won the National Quality Engineering Award, the China Construction Steel Structure Gold Award, and the provincial and ministerial level or above quality engineering awards. It has won 57 construction methods and 113 patents at the provincial level and above; 94 BIM awards at the municipal level and above, municipal level There are 239 QC results above. Has undertaken more than 50 projects including Xi'an Hancheng Lake Park, Qingliangshan Forest Park, Bahe River into Weikou Flood Control Project Bridge, National Road 310 Project, Laohe Lubei Lake Water System Ecological Restoration Project, Xi'an People's Hospital, Southwest Second Ring Interchange Project, etc. The construction tasks of key projects at the provincial and municipal levels. In 2016, it entered the snow-covered plateau for the first time and undertook the construction task of the Lhasa City Ring Road Project, the world's highest municipal road project. In 2018, we entered the snow-covered plateau for the second time and built a smart logistics park in Lhasa that integrates storage areas, business centers, trading areas, and supporting apartments. In 2019, we successfully won the bid for the National Telecom Building project in Bangkok, Thailand, and our marketing step was once again going abroad and into the world. For a long time, Xi’an Construction Engineering has successively contributed many architectural boutiques to Xi’an and other regions, some of which have also become local landmarks, successfully shaping the high-quality brand image of “Xi’an Construction Engineering”.

After the mixed reform, Xi’an Construction Engineering has fully released its vitality and continuously refreshed its performance. The company does not forget its original aspiration, keeps its mission in mind, relies on struggle to create a happy and beautiful life, and continuously accumulates the motivation and energy for reforms, and acts as a good Greenland Holding Group in the northwest region The main body and platform of the "big infrastructure" strategy. In the future, Xi’an Construction Engineering Group will continue to promote the coordinated and rapid development of the five sectors of “construction, development, investment, design, and operation”. By 2023, it will achieve an operating income of 72 billion yuan and become a well-known large-scale construction enterprise group in the country. By 2025, it will achieve operating income of 100 billion yuan, form the "Xi'an Construction Engineering" urban construction operator brand, and become a first-class 100 billion construction enterprise group in the country.