Shanghai Pangyuan Machinery Leasing Co., Ltd.

Shanghai Pangyuan Machinery Leasing Co., Ltd. (referred to as Pangyuan Leasing), established in 2001, has a registered capital of RMB 2.258 billion and total assets of nearly RMB 10 billion. It is primarily engaged in the leasing services, installation, disassembly, and maintenance of construction machinery and equipment required for key national and local infrastructure projects in construction engineering, energy engineering, and transportation engineering. It holds the "Class A Special Equipment Installation, Renovation, and Maintenance Permit" and the "Level I Qualification for Professional Contracting of Lifting Equipment Installation Engineering," ranking among the top in the domestic construction machinery service industry. It is a one-stop comprehensive solution provider from site installation, on-site operation, equipment maintenance to disassembly and departure. It is a Shanghai High-Tech Enterprise and a leading enterprise in China's construction machinery leasing service industry. Headquartered in Shanghai, it is the core wholly-owned subsidiary of Shaanxi Construction Machinery Co., Ltd. (stock code: 600984), a listed company under the Fortune Global 500 company Shaanxi Coal and Chemical Industry Group Co., Ltd. It has more than 30 wholly-owned subsidiaries and over 20 bases integrating intelligent manufacturing and training services across central cities and key regions in China, including Shanghai, Beijing, Guangzhou, and Shenzhen, and has established overseas wholly-owned or holding companies in countries such as Malaysia, Cambodia, Indonesia, and the Philippines. With nearly 10,000 sets of various construction machinery, its business covers the whole country and extends overseas, serving large central state-owned enterprises, state-owned enterprises, and listed companies such as China State Construction, PowerChina, China Energy Engineering Group, China Railway, China Communications Construction, CNNC, Shanghai Construction Group, Beijing Construction Engineering Group, and Shaanxi Construction Engineering Group. It has participated in the construction of numerous landmark buildings and national key projects, including the Bird's Nest (National Stadium), the National Museum of China, the new site of China Central Television (CCTV), the China Water Conservancy Museum, the Shanghai World Financial Center, the theme pavilions and the Sunshine Valley of the Shanghai World Expo, the Guangzhou TV Tower, the Sightseeing Tower of Hangzhou Bay Bridge, the Beilun Power Plant in Zhejiang, the Haikou Meilan Airport, the Xinjiang Convention and Exhibition Center, the Shanghai Deep Pit Hotel (InterContinental Shanghai Wonderland), the Huangshi Edong Yangtze River Bridge, the Chongqing Chaotianmen Yangtze River Bridge, the Third and Fourth Nanjing Yangtze River Bridges, the Hong Kong-Zhuhai-Macao Bridge, the Pingtan Bridge in Fujian, the Qinghai-Tibet Railway, the Lhasa St. Regis Hotel in Tibet, the Site of the First CPC National Congress, and thousands of residential buildings. The company adheres to the development philosophy of innovation-driven, safety first, people-oriented, and green development. Through two decades of relentless pursuit and accumulation, it has obtained more than 320 invention patents, utility model patents, and software copyrights. It has participated in the drafting of industry standards such as "Safety Assessment Procedures for Tower Cranes," "Safety Assessment Procedures for Construction Hoists," and "Safety Monitoring Systems for Tower Cranes." Its developed and applied "Pangyuan Online" leads a new model of industry information management, and the periodically released "Pangyuan Index" serves as a barometer for industry development. It has received honors such as "One of the Top Ten Most Competitive Brands in China's Construction Machinery Leasing Industry," "Top 50 Enterprises in China's Construction Machinery Leasing," "National Quality and Creditworthy Excellent Service Unit," "Excellent Unit for Construction Machinery Leasing Equipment Management," "Shanghai Advanced Enterprise for Construction Safety Production," "31st in the Global Construction Leasing Industry Top 100 in 2019," and "Ranked First in International Owned Tower Crane Total Ton-Meter." Facing the future, the company will always uphold its core values of "gratitude, integrity, professionalism, and dedication," striving relentlessly to build Pangyuan Leasing into a global leader in the construction machinery service industry.