China Construction Fifth Engineering Division Co., Ltd. (referred to as China Construction Fifth Bureau) was established in 1965, and is a wholly-owned subsidiary of China State Construction Engineering Corporation, which ranks 27th among the world's top 500 enterprises; it is a construction and investment enterprise group with total assets exceeding 50 billion yuan and an operating scale exceeding 200 billion yuan. In 2016, it ranked second among the top 100 enterprises in Hunan Province. It holds the special grade qualification for general contracting of housing construction (two items) and the special grade qualification for general contracting of municipal public works. It enjoys a good reputation in the industry and has won the "National May Day Labor Medal" 11 times. In 1994, with the approval of China Construction Fifth Engineering Division, the Third Construction and Installation Company of China Construction Fifth Engineering Division Wenzhou Branch was established, which is now renamed "China Construction Fifth Engineering Division Co., Ltd. Zhejiang Branch". The branch is the full representative of China Construction Fifth Engineering Division in the Zhejiang region, exercising operational and performance rights externally and managing production factors comprehensively internally. The Zhejiang Branch has successively undertaken more than 110 projects in the Jiangsu and Zhejiang regions, covering government projects, high-end residential buildings, comprehensive office buildings, upscale hotels, industrial plants, water plants, mechanical and electrical installation, municipal roads, etc., building landmark buildings in Zhejiang and surrounding areas during various periods, and enjoying a high reputation. In the future, the Zhejiang Branch will continue to deeply cultivate the hot land of Zhejiang, fully advance into infrastructure and PPP investment and financing markets, and realize the transformation from a pure construction enterprise to a model where investment and financing drive construction general contracting management.
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