PowerChina Construction

China Water Resources and Hydropower Second Engineering Bureau Co., Ltd. is an important subsidiary of China Power Construction Group Co., Ltd., a "World 500 Strong" enterprise. It was established in [year]. Formerly known as the Yongding River Hydropower Engineering Bureau of the Ministry of Water Resources and Electric Power, the bureau was renamed China Water Resources and Hydropower Second Engineering Bureau in [year]. In November [year], it completed an overall restructuring and was renamed China Water Resources and Hydropower Second Engineering Bureau Co., Ltd. (hereinafter referred to as the "Company"). The Company holds first-class qualifications for general contracting of housing construction engineering construction, general contracting of water conservancy and hydropower engineering construction, professional contracting of building decoration and renovation engineering, and professional contracting of steel structure engineering, as well as second-class qualifications for professional contracting of mechanical and electrical equipment installation engineering. It is a comprehensive state-owned construction enterprise integrating housing construction, hydropower construction, metal structure fabrication and installation, gate fabrication and installation, light steel structure fabrication and installation, real estate development, and hydropower development, with a registered capital of [amount] million yuan. Over the past 50-plus years, the Company has kept pace with the times, adapted to market changes, and made significant contributions to national infrastructure construction such as energy construction, housing construction, water conservancy and hydropower construction, and road and bridge construction. In the early days of its establishment, in line with national needs, it successively carried out the construction of Xiamaling and Xiaweidian power stations, as well as the seismic reinforcement construction of Guanting and Miyun reservoirs, aided in the construction of the Mongolia Harhalin irrigation project and the Niger Telar reservoir project, and undertook water conservancy and hydropower projects in Somalia, Nepal, Iraq, Tunisia, and other countries. As a state-owned enterprise, the Company has always adhered to the leadership of the Party, continuously emancipated the mind, sought truth from facts, adjusted its industrial structure in a timely manner, transformed its development mode, and implemented diversified development. Starting from [year], it gradually entered the construction market, engaged in industrial and civil building construction, and successively contracted projects such as industrial plants, public buildings, and residential housing. Projects expanded from single structures to residential complexes, and from civil buildings to public and industrial buildings. Public buildings contracted include the Badaling Huatian grain depot project, Beijing Dongtao project, Beijing University of Chinese Medicine pharmaceutical factory project, Beijing Water Affairs Bureau comprehensive building, PowerChina Co., Ltd. office building, Bayi Middle School science and technology building, and the Sichuan Hanwang health center earthquake relief aid project. Residential buildings include Beijing Huilongguan cultural residential community apartments, Yindi residential community, Vanke Qingqing Jiayuan, Changsha Xingcheng Yingxiang, Sichuan Xi'an Guandi, Chengdu Guanshan Lake, and Mianyang Taiyang City large-scale complexes, which have won more than ten Beijing structural Great Wall Cup and completion Great Wall Cup awards. In particular, the contracted Huaneng Jilin Tongyu wind power project was rated as a National Quality Engineering Silver Award in a certain year, and the Angola Lubango Stadium project was rated as a China Construction Engineering Luban Award (overseas project) in a certain year. In response to the development of the situation, the Company resumed contracting of water conservancy and hydropower engineering construction starting from [year], and in [year], designated water conservancy and hydropower engineering construction as one of the bureau's main industries. After strategic positioning, the Company successively participated in the Shanxi Wanjiazhai Yellow River Diversion to Shanxi Project, the reinforcement and danger-removal projects of the Yangtze and Yellow River embankments, and the Beijing water system improvement project, and contracted water conservancy and hydropower projects in provinces such as Beijing, Hebei, Henan, Sichuan, Hubei, Fujian, Jiangsu, Jilin, and Inner Mongolia. At the same time, it completed the Tis Abbay and Finchaa hydropower station projects in Ethiopia. In [year], after the new leadership team of the Company took office, facing the development of world economic integration, the Company, in accordance with the development strategy of overall planning, international orientation, and transformation to an engineering management company, opened up construction industries such as roads and bridges on the basis of the original water conservancy and hydropower and housing construction. It undertook the construction of large-scale projects such as the South-to-North Water Diversion Huinanzhuang Pump Station project, the lower reservoir project of the Pushhe Pumped Storage Power Station, multiple sections of the South-to-North Water Diversion including Hebi, Handan, and Xinzheng, and the Tianjin Jincheng BT general contracting project. At the same time, with a distinctive open attitude, the Company looked to the world, successfully entered multiple international markets, and contracted a series of projects including the Ethiopia highway and Blue Nile bridge project, the Angola Lubango stadium, hospital, and school projects, the Indonesia Sino-Indonesia Friendship Village group villa project, the Botswana and Mali airport terminal building projects, the Libya group residential building project, the Democratic Republic of the Congo (Kinshasa) Central Hospital and People's Palace Square project, the Sudan Merowe Dam decoration project, and the Tajikistan Dushanbe housing construction project. This has earned a good international reputation and expanded the Company's international influence. The Company has been rated by the Beijing Municipal Administration for Industry and Commerce as a "Contract-honoring and Promise-keeping Unit" for many consecutive years, and by the Beijing Construction Enterprise Federation as a "Trustworthy Enterprise" and an "AAA Credit Enterprise in Beijing's Construction Industry". It has been successively rated as "[***] User-satisfied Construction Enterprise", "[***] Advanced Construction Enterprise", "[***] Advanced Construction Enterprise", and "[***] Enterprise for Overseas Project Contracting", and has been rated as a Beijing "Integrity Enterprise" for many consecutive years. After more than 50 years of entrepreneurial history, the Company has now developed into a wholly state-owned construction enterprise with housing construction engineering as its core business, water conservancy and hydropower engineering as its main business, while also expanding into highway engineering and municipal engineering, and coordinating both domestic and international markets with an international orientation. The development of the Company is not only a process of arduous struggle, advancing with the times, and continuous growth, but also a process of cooperation and common development with various sectors. At present, under the guidance of the Scientific Outlook on Development, led by China Power Construction Group Co., Ltd. and PowerChina Co., Ltd., adhering to the China Power Construction corporate spirit of "gathering flexibility, enterprising, dedication, and harmony", the Company, with engineering general contracting driving an integrated capital operation management model of investment, trade, and logistics, through system construction and institutional building, is striving for progress, innovation, and steady progress toward a quality-benefit-oriented and internationalized engineering management company with sustainable development.