China Construction Development Co., Ltd.

Introduction to China Construction Development Co., Ltd. China Construction Development Co., Ltd. is positioned as the investment platform and incubation base for China Construction's innovative businesses. It also undertakes the functions of the Venture Capital Business Department of the joint-stock company, operating under the principle of "two signboards, one team." It serves as the carrier and investment platform for integrating internal and external resources of the China Construction system, incubating and developing new industries, and is the main entity for exploring energy conservation and environmental protection industries, prefabricated construction, and green building industrialization strategies.

Under the positioning as the investment platform and incubation base for China Construction's innovative businesses, leveraging its four entity companies—CSCEC Water, CSCEC E-commerce, CSCEC Aluminum, and CSCEC Intelligent—it develops innovative business units such as sponge cities, comprehensive water environment treatment, resource utilization of construction waste, Internet+ in the construction industry, new building materials, and smart operations. At the same time, the company actively explores the innovative business incubation model of "strategic direct investment + industry venture capital," and explores investing in new technologies, new materials, new processes, and new models in the construction industry through venture capital funds to promote the transformation and upgrading of China Construction's main business.

(I) CSCEC Water
Business areas: comprehensive water environment treatment, sponge city construction, resource utilization of construction waste, soil remediation, etc.
CSCEC Water, established in 2014, is a wholly-owned subsidiary of China Construction and an innovative water and environmental protection business company formed by gathering the group's high-quality industrial innovation resources. As a comprehensive service provider in the water and environmental protection field integrating investment, consulting, design, research, construction, and operation, CSCEC Water adopts PPP+EPC as its main business model, deeply engaging in government-enterprise cooperation and promoting the integration of industry and finance. Leveraging China Construction's extensive experience from 126 water projects with cumulative contract value exceeding 100 billion yuan, it participated in the South-to-North Water Diversion Project, provides near-zero discharge solutions for high-end industrial wastewater, builds the entire environmental protection industry chain with strong qualifications and technical advantages, and assembles its resources to become a participant in formulating national environmental protection industry standards, striving to become a leading enterprise in China's water and environmental protection industry.

(II) CSCEC E-commerce
Business areas: material procurement for the construction industry, labor management, supply chain finance, etc.
CSCEC E-commerce, established in 2015, is a vertical e-commerce platform focused on material procurement, labor management, and supply chain finance for the construction industry, created by China Construction in response to the national "Internet+" strategy. In addition to serving units at all levels within the CSCEC system, it has also expanded to include large buyers such as China Light Industry and Zhongnan Construction, as well as central and private enterprises, and serves over 200,000 suppliers.

(III) CSCEC Aluminum
Business areas: committed to exploring the full industry chain model of aluminum formwork integrating R&D, design, production, sales, service, and recycling.
CSCEC Aluminum New Materials Co., Ltd. was jointly established by China State Construction Engineering Corporation (holding 60% shares) and Aluminum Corporation of China (holding 40% shares), officially established in October 2015, headquartered in Qingyang District, Chengdu. CSCEC Aluminum is an enterprise specializing in aluminum formwork systems and new aluminum building materials. Focusing on aluminum as the base and starting with aluminum formwork products, it aims to maximize the application of aluminum in construction, providing recyclable new materials for energy conservation and emission reduction in buildings, and will gradually develop and promote aluminum products for construction measures, engineering structures, and architectural decoration. Within its first year, the company achieved groundbreaking, construction completion, production launch, and profitability in the same year.

(IV) CSCEC Intelligent
Business areas: committed to providing industry-leading smart operation and maintenance solutions in related fields such as smart utility tunnels, smart water affairs, smart construction sites, and smart cities.
CSCEC Intelligent Technology Co., Ltd. was jointly established by China Construction Development Co., Ltd. and Beijing UTStarcom Software Co., Ltd., officially established in December 2018, headquartered in Haidian District, Beijing. CSCEC Intelligent will uphold China Construction's corporate mission of "expanding happy space" and core values of "quality assurance and value creation," with the vision of "becoming the most internationally competitive provider of smart city operation solutions." Relying on China Construction's competitive advantages across the entire construction industry chain, the profound technical accumulation and rich project experience of its parent company CSCEC Development in water and environmental protection, and UTStarcom's strong technical accumulation and R&D strength in ICT operation and maintenance management, artificial intelligence, big data, and industrial internet of things, it is committed to providing industry-leading smart operation and maintenance solutions in fields such as smart utility tunnels, smart water affairs, smart construction sites, and smart cities, helping customers achieve high-quality and sustainable project operations, and contributing China Construction's "smart" strength to new chapters of intelligent operation in urban construction, infrastructure, water and environmental protection.