CSCEC

China State Construction Engineering Corporation (referred to as CSCEC) was formally established in 1982. It is one of the largest investment and construction groups globally, with the longest history of specialized development, the earliest market-oriented operation, the highest degree of integration, and the largest global scale.
CSCEC primarily conducts its business operations through its listed company, China State Construction Engineering Corporation Ltd. (stock abbreviation: CSCEC, stock code: 601668.SH). It owns 7 listed companies and over 100 second-level wholly-owned subsidiaries.
In 2022, CSCEC signed new contracts worth 3.9 trillion yuan, a year-on-year increase of 10.6%; achieved operating revenue of 2.05 trillion yuan, up 8.6% year-on-year; realized a net profit attributable to shareholders of the listed company of 50.95 billion yuan; weighted average return on equity reached 13.94%, maintaining an excellent level in the industry; operating cash flow continued to maintain positive inflows; proposed a cash dividend of 2.527 yuan per 10 shares, with a cash dividend ratio of 20.8%, which has been continuously increasing for five consecutive years. The company is a construction enterprise with both new contracts and operating revenue exceeding one trillion yuan. The company ranked 9th in the 2022 Fortune Global 500, 3rd among China's top 500 enterprises, and firmly held the 1st position in ENR's "Top 250 Global Contractors", continuing to maintain the highest global credit rating in the industry. Its market competitiveness and brand influence have been continuously enhanced, and its leading position has been further consolidated.
CSCEC's business operations span across China and more than 100 countries and regions overseas. Its business layout covers investment and development (real estate development, construction financing, leasehold operation), engineering construction (housing construction, infrastructure construction), survey and design, and new businesses (green construction, energy conservation and environmental protection, e-commerce, etc.). In China, CSCEC has invested in and constructed more than 90% of skyscrapers above 300 meters, three-quarters of key airports, three-quarters of satellite launch bases, one-third of urban utility tunnels, and half of nuclear power plants. One in every 25 Chinese people uses a building constructed by CSCEC.
CSCEC will deeply study and implement Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and the spirit of the 19th National Congress of the Communist Party of China. With the mission of "expanding happy living spaces", adhering to the core values of "quality assurance, value creation" and the corporate spirit of "integrity, innovation, transcendence, and win-win", implementing the overall layout of "five in one" and the strategic layout of "four comprehensives", implementing new development concepts, striving to build a globally competitive enterprise, aiming to become a world leading brand in the field of investment and construction and a banner for the reform and development of China's construction industry and the promotion of urbanization construction, and continuously striving to realize the Chinese Dream of the great rejuvenation of the Chinese nation.