Yunnan Energy Investment Yuanda Construction Group Co., Ltd. (hereinafter referred to as "the Company"), founded in 2004, formerly Yunnan Yuanda Construction Engineering Group Co., Ltd., is a mixed-ownership enterprise controlled by a provincial state-owned capital company in Yunnan Province, possessing six Grade I qualifications (Grade I qualifications for general contracting of water conservancy and hydropower, housing construction, and municipal public works, Grade I qualification for professional contracting of building decoration and renovation, and Grade I qualifications for professional contracting of ancient architecture engineering and environmental protection engineering). Up to now, the Company has undertaken more than 300 water conservancy projects in the province and has been rated as a high-level "AAA Credit Enterprise for Enterprise Credit Evaluation in the National Water Conservancy Construction Market" by the Ministry of Water Resources of the People's Republic of China.
The Company now has 21 qualifications, including 6 Grade I qualifications (Grade I for general contracting of water conservancy and hydropower engineering construction, Grade I for general contracting of construction engineering, Grade I for general contracting of municipal public works, Grade I for professional contracting of building decoration and renovation engineering, Grade I for professional contracting of ancient architecture engineering, and Grade I for professional contracting of environmental protection engineering), 7 Grade II qualifications (Grade II for general contracting of highway engineering, Grade II for general contracting of mechanical and electrical engineering, Grade II for professional contracting of steel structure engineering, Grade II for professional contracting of highway pavement engineering, Grade II for professional contracting of highway subgrade engineering, Grade II for professional contracting of urban and road lighting engineering, and Grade II for professional contracting of fire protection facilities engineering), and 7 Grade III qualifications (Grade III for general contracting of electric power engineering, Grade III for general contracting of mining engineering, Grade III for general contracting of petrochemical engineering, Grade III for professional contracting of foundation engineering, Grade III for professional contracting of bridge engineering, Grade III for professional contracting of tunnel engineering, and Grade III for professional contracting of power transmission and transformation engineering). The Company currently has six subsidiaries (Yunnan Energy Investment Rui'an Construction Engineering Co., Ltd., Yunnan Energy Investment Xingyuan Landscaping Engineering Co., Ltd., Xiangyun Energy Investment Yuanda Construction Co., Ltd., Yunlong Energy Investment Yuanda Construction Co., Ltd., Nujiang Energy Investment Construction Development Investment Co., Ltd. (deleted), and Yuneng Yuanda (Singapore) Co., Ltd.).
The Company focuses on building a team of technical, construction, and management talents, and currently has a group of engineering technicians, economic management personnel, and PPP project operation teams familiar with water conservancy, municipal, housing construction, and infrastructure construction. The Company has passed the certifications of quality management, environmental management, and occupational health and safety management systems, and has successfully undertaken a large number of key water conservancy and hydropower, housing, municipal, highway, infrastructure, and PPP projects both inside and outside the province.
In March 2017, in order to implement the decision and deployment of the Yunnan Provincial Party Committee and the Provincial Government on fighting the tough battle of state-owned enterprise reform, actively explore mixed-ownership reform, fully leverage its platform advantages, and aim at expanding the business scope of infrastructure construction, improving the Group's comprehensive capabilities of technical consultation, engineering construction, and project operation, the Energy Investment Group implemented capital increase and share expansion for Yuanda Company, and the Company was officially renamed as Yunnan Energy Investment Yuanda Construction Group Co., Ltd., becoming a mixed-ownership enterprise controlled by the Energy Investment Group, with registered capital increased from 100 million yuan to 300 million yuan.
During the "Thirteenth Five-Year Plan" period, the Company will closely focus on the Group's development strategy, fully leverage the advantages of mixed-ownership enterprises in institutional mechanisms, further strengthen and optimize the main construction business such as water conservancy and hydropower, housing construction, and municipal public works, accelerate the layout of diversified businesses such as trade, and steadily carry out equity and fixed asset investment, striving to achieve the goal of "1+1+1+5" within five years (that is, on the basis of the existing Grade I qualifications for water conservancy and hydropower, municipal public works, housing construction, and decoration and renovation, "maintain Grade I and strive for Grade II" to upgrade to special-grade, achieve operating revenue of 10 billion yuan, realize the goal of one listed company through asset securitization, achieve annual profits of 500 million yuan, and ensure that the Company's profitability is better than the industry average).
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