Samiksha Jaiswal (Editor)

China Communications Construction

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Native name
  
中国交通建设集团有限公司

Industry
  
Construction

Number of employees
  
100,000

Revenue
  
54.8 billion USD

Type
  
Public

Area served
  
Worldwide

Headquarters
  
Beijing, China

Founded
  
2005

China Communications Construction httpswwwnewsghanacomghwpcontentuploads20

Traded as
  
SEHK: 1800, SSE: 601800

Key people
  
Liu Qitao (Chairman) Chen Fenjian (President)

Stock price
  
1800 (HKG) HK$ 10.68 -0.10 (-0.93%)3 Mar, 4:09 PM GMT+8 - Disclaimer

Owner
  
State-owned Assets Supervision and Administration Commission of the State Council (63.84%)

Subsidiaries
  
Zhenhua, China Road and Bridge Corporation

China communications construction company introduction


China Communications Construction Co., Ltd. (CCCC) is a Chinese publicly traded construction company.

Contents

China National Real Estate Development Group is a sister company of China Communications Construction Co., Ltd., which was both owned by China Communications Construction Group Corp., a state-owned enterprise that was supervised by the State-owned Assets Supervision and Administration Commission of the State Council.

History

The company was established in mainland china in 2005 from the merger of China Harbour Engineering Company Group and China Road and Bridge Group. The company is engaged in the construction and design of transportation infrastructure dredging and port machinery manufacturing business. It is the largest port construction and design company in China, the largest dredging company in China and the third largest in the world.

It now holds an additional subsidiary, Shanghai Zhenhua Heavy Industries Company (ZPMC) (Chinese: 上海振华重工(集团)股份有限公司).

In April 2015, the Australia Government approved the sale of Leighton Holding's John Holland Group, one the country's biggest construction firms, to China Communications Construction Company (CCCC) for A$1.15bn (¥5.46bn; $879m).

As of June 2015, China Communications Construction Company ranks 4th amongst Chinese companies for intangible assets.

IPO Investors

CCCC is the largest Mainland China's infrastructure government-owned enterprise company listed in Hong Kong Stock Exchange Market. Some of its stock were bought by billionaires, including Li Ka Shing, Lee Shau Kee, Joseph Lau, Robert Kuok and Alwaleed bin Talal, during its initial public offering (IPO) on December 2006. China Life Insurance Group, Chow Tai Fook Group and Government of Singapore Investment Corporation were its strategic stockholders.

References

China Communications Construction Wikipedia