Native name 中国葛洲坝集团股份有限公司 Area served Worldwide Revenue 71.6 billion CNY (2014) Total assets 104.9 billion CNY (2014) | Traded as SSE: 600068 Headquarters China Founded 23 January 2006 | |
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Industry Hydroelectric engineering, power transmission construction, transportation construction, real estate development Net income CN¥2.287 billion (2014) Owner China Gezhouba Group Corporation (40.8%) Stock price 600068 (SHA) CN¥ 10.98 +0.42 (+3.98%)13 Mar, 3:00 PM GMT+8 - Disclaimer | ||
Meeting with china gezhouba group corporation cggc international 2 20 2017
China Gezhouba Group Company Limited (Chinese: 中国葛洲坝集团股份有限公司) is a Chinese construction and engineering company based in Wuhan, Hubei. According to 2014 numbers, the company is the 33rd largest contractor by revenue in the world. Major shareholder of the company (40.8%) is state-owned China Gezhouba Group Corporation (CGGC, Chinese: 中国葛洲坝集团公司), which is in turn a member company of the China Energy Engineering Corporation (Energy China).
Primarily engaged in contract construction of projects, Gezhouba operates in the areas of power plants, dams, roads, bridges and civil engineering in China and abroad. In other categories of business, Gezhouba has invested and constructed highways; developed real estate; generated hydropower; and manufactured cement and civil explosives.
The company has been very keen to expand overseas business with a stated goal of increasing international contracts to half of company revenue. Underlying the confident growth projections is a track record of picking up overseas contracts in hydroelectric engineering, the kind of work that accounts for most of Gezhouba's international portfolio. Overseas projects include a 4.97 billion yuan ($727.78 million) contract signed in 2010 with Kazakhstan Natural Gas Technology to establish a hydroelectic plan on the banks of the Chilik River in Kazakhstan. In November 2014, the firm was also chosen to a construct a 40km portion of the Hazara Motorway in Pakistan.