Shanghai Construction Group Co., Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Shanghai Construction Engineering Group Co., Ltd. is one of the earliest state-owned enterprises in Shanghai to achieve an overall listing. Formerly known as the Construction Engineering Bureau of the Shanghai Municipal People's Government, which was founded in 1953, it was restructured into a group enterprise with Shanghai Construction Engineering (Group) Corporation as its parent company in 1994. In 1998, Shanghai Construction Engineering Group Co., Ltd. was initiated and listed on the Shanghai Stock Exchange. In 2010 and 2011, after two major restructurings, the overall listing was completed. Shanghai Construction Engineering is a pioneer and vanguard in China's construction industry. We always adhere to reform and innovation, continuously enhance business vitality and endogenous momentum, ensure the preservation and appreciation of state-owned assets, and maintain a stable trend of double-digit growth in business performance for many years. In 2021, a total of 442.506 billion yuan of newly signed contracts and 28.1055 billion yuan of operating revenue were signed, ranking 363rd on the Fortune Global 500 in 2021 and 8th among the world's largest 250 engineering contractors in the 2021 Engineering News Record (ENR). In 2021, the production of commercial concrete reached 46.77 million cubic meters, ranking third in China and fifth in the world in terms of scale. Shanghai Construction Engineering Group's "five major business clusters+six emerging businesses" form a complete industrial chain. The five major business groups of "construction, design consulting, real estate development, urban construction investment, and building materials industry" are coordinated and linked throughout the entire industry chain, providing customers with efficient overall solutions for the entire life cycle of construction services; The six emerging businesses of "urban renewal, water conservancy and water services, ecological environment, industrial construction, construction services, and new infrastructure" add new engines to the green development of the entire industrial chain, actively practicing the concept of "green waters and mountains are golden mountains and silver mountains", and helping to build a "Beautiful China". From investment, planning, design to construction, operation and maintenance, and updating, the entire industry chain service platform creates maximum value for customers. Shanghai Construction Engineering's business and market are spread throughout the world. Adhering to a foothold in Shanghai, nationwide layout, serving national and overseas development, actively integrating and serving national strategies, focusing on the domestic market "1+7+X", with the Yangtze River Delta as the center of gravity, deeply cultivating the seven major regions of South China, Central China, Hainan, Southwest, Beijing Tianjin Hebei, Xiong'an, and Northeast, actively connecting with the construction of new port areas, the integrated development of the Yangtze River Delta, the coordinated development of Beijing Tianjin Hebei, the Guangdong Hong Kong Macao Greater Bay Area, Xiong'an New Area, Hainan Free Trade Port, and the Yangtze River Economic Belt The Chengdu Chongqing Double City Economic Circle covers more than 150 cities in 34 provincial-level administrative regions across the country, helping to smooth the domestic circulation. Undertake projects in 42 overseas countries or regions. Shanghai Construction Engineering has always maintained its position as the main force of urban construction in Shanghai. We witnessed and devoted ourselves to urban development and transformation, built an industrial base in Shanghai, supported the "big three lines" and "small three lines", helped Shanghai "one year, three years of great changes", and successfully built the Shanghai center Building, National Convention and Exhibition Center (Shanghai), Shanghai Disneyland, Tesla Shanghai Super Factory, Kunshan Middle Ring Line, Beijing National Grand Theater, Guangzhou New TV Tower A series of well-known projects such as the Hong Kong Zhuhai Macao Bridge Macao Port Travel Inspection Building are currently active in the construction of the Shanghai Free Trade Zone Lingang New Area, five new cities, and the Yangtze River Delta Integrated Development Demonstration Zone. The only two buildings in China that exceed 600 meters - Shanghai center Building and Guangzhou New TV Tower - are all built by Shanghai Construction Engineering Group. We have won 123 Luban Awards, the highest honor of engineering quality in the Chinese construction industry. Shanghai Construction Engineering continuously innovates its talent management mechanism and accumulates outstanding talents. Advocating the concept of "heroes based on per mu yield" and vigorously creating a cultural atmosphere of "always striving", allowing those who have made achievements to have status and those who have made contributions to gain. Since 2012, we have successively implemented the Leadership Incentive Fund Plan, Employee Career Development Channel Construction Plan, Core Employee Stock Ownership Plan, Professional Manager Compensation System, "SCG-E" Talent Training Plan, Core Employee Medium and Long Term Incentive Plan, Youth Talent Apartment, etc., continuously strengthening the innovation direction of talent mechanisms, making enterprises and employees become a community of interests, career, and destiny. SCEGC has 1 academician of the CAE Member, 2 winners of the He Liang He Li Foundation, 7 national level design masters, 62 experts enjoying the special allowance of the State Council, 66 Shanghai young science and technology stars, 15 people won the title of "Shanghai Craftsman", more than 270 doctors, more than 440 professor level senior engineers, and more than 4800 employees with the first level construction qualification. Shanghai Construction Engineering puts technological innovation at the core of its overall development.With the goal of promoting the modernization of the construction industry, we will leverage the role of the "Central Research Institute" model as a two-level scientific and technological innovation system, in the construction of super high-rise buildings, steel structure construction, bridge design and construction, prefabricated buildings, green building materials, urban renewal, water conservancy and water affairs, environmental governance, landscaping design and construction, comprehensive development of underground space, engineering equipment installation, equipment and facility operation and maintenance, clean energy construction projects 20 key specialized technical fields such as maglev transportation have achieved remarkable results. Actively exploring the digital transformation of the industry, adhering to the integration and development path of "greening, industrialization, and digitization", we have built a full cycle digital construction system for digital surveying, digital design, intelligent processing, intelligent construction, smart construction sites, and smart operation and maintenance projects, striving to become a leader in digital empowered building full life cycle service providers. It has one national enterprise technology center, two National Engineering Research Center (jointly built), two national prefabricated building industrialization bases, two national postdoctoral workstations, eight national certification laboratories and testing institutions. During the 13th Five Year Plan period, he successfully presided over 19 national key research and development projects and topics, including the "Development of Integrated Platforms and Key Technologies for Industrialized Construction of Construction Engineering Sites", forming a strong scientific and technological innovation matrix. In 2019, as the only construction enterprise, it won the first Shanghai Intellectual Property Innovation Award. Accumulated 59 awards of "Zhan Tianyou Award", the highest honor for scientific and technological innovation in engineering construction projects in the field of civil engineering in China. The annual scientific research expenditure accounts for over 3% of the main business income, and the research and development expenses in 2021 are 9.4 billion yuan. The governance level and shareholder returns of Shanghai Construction Engineering Company have been recognized by the market. Since its listing, it has maintained a stable high dividend rate, with an average dividend rate of over 40% in the past five years, ranking among the top construction state-owned enterprises. The company's stocks are included in the "Shanghai 380" index sample stocks and the "Shanghai Stock Connect" target stocks of the Hong Kong Stock Exchange, and are included in the "MSCI China Index" and the "FTSE Russell Global Stock Index". Received an "A" rating in the information disclosure work of listed companies. Received the title of "National Demonstration Unit for Open and Democratic Management of Factory Affairs". Shanghai Construction Engineering and its affiliated Municipal Engineering Corporation have successfully obtained the first batch of "Shanghai Brand" certification. Xu Zheng, Secretary of the Party Committee and Chairman, has been listed as one of the "Top 100 CEOs in China" in the Chinese version of Harvard Business Review for six consecutive years. In 2018, he was awarded the title of "Outstanding Entrepreneur in Shanghai" and was awarded the "Gold Quality Award - Enterprise Leader Award" by the Shanghai Securities Journal for listed companies in 2021. In 2021 and 2022, he was named the "50 Most Influential Business Leaders in China" by Fortune (Chinese version) magazine for two consecutive years. Shanghai Construction Engineering strives to become an international first-class full life cycle service provider for buildings. Adhering to the three major development goals of "service provider, national team, and leader", adhering to the corporate mission of "building, achieving a better life" and the core values of "harmony oriented, and pursuing excellence", we will promote the strategy of technological innovation, digital transformation, and service provider transformation, create an excellent "SCG" brand, and accelerate the transformation and upgrading from "engineering contractor" to "construction service provider". Focusing on the "three leaders": digital leadership for full lifecycle services, market leadership for national resource allocation, and service leadership for enhancing the value of the entire industry. Actively inheriting and promoting the "three cultural genes" of execution, integrity, and craftsmanship, shaping the "engineer temperament", strengthening the "national team awareness", and cultivating the "service provider culture", focusing on improving the quality and level of development, creating the industry's most technologically innovative and market inspiring enterprise through intensive cultivation and innovation breakthroughs, and accelerating the realization of the development vision of becoming an "international first-class construction full lifecycle service provider". |
| Headquarter | Shanghai |
| Establish Date | 6/15/1998 |
| Listed Code | 600170.SH |
| Listed Date | 6/23/1998 |
| Chairman | Xu Zheng. |
| CEO | Ye Weidong. |
| Website | www.scg.com.cn |
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