Hubei Hongqi Construction Group Co., Ltd.

Hubei Hongqi Construction Group Co., Ltd. was restructured and reorganized from the former Hubei Hongqi Construction Engineering Co., Ltd. It was established in 1994. In 2001, it was assessed and rated by the Construction Department of Hubei Province as a Grade II general construction contracting enterprise. In April 2008, it was approved by the Ministry of Housing and Urban-Rural Development of the People's Republic of China as a Grade I general construction contracting enterprise. Over the years, through the unremitting efforts of the company's leadership and all employees, the company has continuously improved its business management mechanisms and increased capital investment, achieving substantial development in all aspects. The company currently has 3,150 employed personnel at year-end. There are 42 on-duty (constructor) project managers, including 16 Grade I and 28 Grade II. There are 254 engineering and technical personnel with professional titles, including 140 with senior and intermediate titles.
The company's registered capital is 150.10 million yuan. The company's net assets are 101.47 million yuan, the original value of fixed assets is 80.26 million yuan, and the net value is 77.84 million yuan. The total number of mechanical equipment is 3,114 units (pieces), and the total power of mechanical equipment is 13,532 kilowatts. The power equipment rate is 3.0371 kilowatts per person.
In recent years, the company has completed a large number of industrial and civil construction engineering project construction tasks. The company's annual construction capacity is over 500,000 square meters. The company has registered and smoothly carried out work in Beijing, Urumqi, and other places, which is the concrete implementation of the company's business philosophy of "based in Wuhan, radiating to the west." It has laid the foundation for the company to expand its business and actively participate in western development.
In the process of production and operation management, the company adheres to the quality policy of "technological progress, striving for excellence," achieving a 100% pass rate and a 72% excellent rate in engineering construction. The company has been rated as a "AAA" credit enterprise by the Wuhan Construction Committee and Construction Association for three consecutive years, and has been rated as an "Advanced Safety Unit" for two consecutive years. At the same time, it has been rated as a "Well-known Enterprise in Hubei Province" by the Provincial Bureau of Statistics and as a "Contract-honoring and Credit-worthy" enterprise by the Hubei Provincial and Wuhan Municipal Administration for Industry and Commerce, and has successfully passed the quality, environmental, and occupational health and safety integrated system certification. In 2007, the company was once again rated as an "Advanced Enterprise in the Construction Industry of Hubei Province" by the Hubei Province Construction Industry Association.