Mission Statement, Vision, & Core Values (2024) of Anhui Construction Engineering Group Co., Ltd.

A Brief History of Anhui Construction Engineering Group Co., Ltd.

Founded in 1958, Anhui Construction Engineering Group Co., Ltd. has evolved into a major player in the construction and engineering sector in China. The company is headquartered in Hefei, Anhui province, and has become known for its extensive involvement in infrastructure projects, residential construction, and public works.

In 2007, Anhui Construction Engineering Group was listed on the Shanghai Stock Exchange under the ticker symbol 600502. The company reported revenue of approximately RMB 51.1 billion in 2022, reflecting an increase from RMB 47.8 billion in 2021. The net profit attributable to shareholders for the same year was RMB 3.12 billion.

Over the years, the company has undertaken several major projects, including the construction of highways, bridges, and urban development initiatives. Notable projects include the construction of the Hefei Xinqiao International Airport and various high-speed railways that have significantly enhanced transportation infrastructure across the region.

As of 2022, Anhui Construction Engineering Group was ranked among the top 150 global contractors according to Engineering News-Record (ENR), emphasizing their significant footprint in the global construction market.

The company's workforce has expanded to over 40,000 employees, with specialized teams across various engineering and construction disciplines, contributing to their status as one of the largest construction enterprises in China.

Anhui Construction Engineering Group has established a diverse portfolio in its operations, engaging in various sectors such as civil engineering, real estate development, and mechanical and electrical engineering. The diversification strategy has allowed the company to sustain growth despite fluctuations in the overall construction market.

In recent years, the company has also focused on international expansion, completing significant infrastructure projects in countries such as Malaysia, Indonesia, and several African nations, thus positioning itself as a competitive global contractor.

As of October 2023, the company's market capitalization is around RMB 37 billion, with its shares fluctuating between RMB 5.20 and RMB 6.15 over the past year. This performance reflects the company’s resilience in adapting to market changes and pursuing strategic partnerships.

The commitment to sustainable construction and innovation is evident as Anhui Construction Engineering Group has invested substantially in research and development, focusing on eco-friendly building materials and technologies aimed at reducing environmental impact.

In summary, Anhui Construction Engineering Group Co., Ltd. has demonstrated significant growth and adaptability in the construction industry, marked by its historical milestones, financial performance, and commitment to expansion. The company remains a key contributor to the development of China's infrastructure landscape and is poised for further advancements in the global market.

A Who Owns Anhui Construction Engineering Group Co., Ltd.

Anhui Construction Engineering Group Co., Ltd. (ACEG) is a major player in the construction and engineering sector in China. As of October 2023, the company is publicly traded on the Shanghai Stock Exchange under the ticker symbol 600502. The ownership structure of ACEG is diverse, combining state-owned enterprise influence with private investment.

The largest shareholder of Anhui Construction Engineering Group is the Anhui Provincial Government, which holds a significant portion of the company's equity. According to the latest available data, the Anhui Provincial Government possesses approximately 44% of total shares. This state ownership aligns with broader governmental objectives in infrastructure development and urbanization across the region.

Additionally, other notable shareholders include various institutional and retail investors. The breakdown of shareholdings is as follows:

In terms of financial performance, Anhui Construction Engineering Group reported a net profit of approximately RMB 1.6 billion in 2022, reflecting a year-over-year growth of 10%. The company's revenue reached around RMB 53 billion, with significant contributions from large-scale public infrastructure projects and real estate development. ACEG is recognized for its engineering capabilities, with contracts that extend beyond domestic borders, including projects in Southeast Asia and Africa.

The market capitalization of Anhui Construction Engineering as of October 2023 is approximately RMB 38 billion. The company's stock has shown resilience, with a price-to-earnings (P/E) ratio of 12.5, indicating a stable valuation relative to earnings. The stock price has fluctuated between RMB 6.00 and RMB 8.50 over the past year.

In summary, Anhui Construction Engineering Group Co., Ltd. is primarily owned by the Anhui Provincial Government, with substantial stakes held by institutional and retail investors. The company's robust financial performance showcases its pivotal role in China's construction sector and its strategic initiatives toward international expansion.

Anhui Construction Engineering Group Co., Ltd. Mission Statement

Anhui Construction Engineering Group Co., Ltd. (ACEG) is a significant player in the construction and engineering industry in China. The company's mission statement emphasizes their commitment to quality, innovation, and sustainable development within the construction sector. ACEG aims to lead in construction technology and project management while prioritizing safety and environmental responsibility in all their operations.

The mission statement articulates the company's dedication to improving the quality of life through infrastructure development, aligning with national strategies for urbanization and modern economic growth in China.

According to the company's latest financial reports from 2022, ACEG achieved a revenue of ¥162.34 billion (approximately $24 billion), showing a year-over-year growth of 12.3%. Their net profit for the same year was reported at ¥8.59 billion ($1.3 billion), reflecting a net profit margin of 5.3%.

ACEG's focus on research and development is evident in its investment. In 2022, the company allocated approximately ¥5.26 billion (around $800 million) toward R&D initiatives, which is about 3.2% of their total revenue. This investment supports the company’s commitment to innovation and developing sustainable construction technologies.

The company also aims to enhance its presence internationally, evidenced by their participation in several overseas projects valued at over $2 billion in 2022. This strategic move aligns with its mission to expand its market reach and contribute to global infrastructure development.

In terms of workforce commitment, ACEG employed over 100,000 skilled professionals as of the end of 2022, with a focus on continuous training and professional development, ensuring the team is equipped to meet project demands and regulatory standards.

ACEG is aligned with China's Belt and Road Initiative, contributing to sections of infrastructure that connect Asia, Europe, and Africa, reinforcing its mission statement's focus on sustainability and global engagement. This endeavor is indicative of their strategic alignment with national development goals, further solidifying their role as a significant entity in the construction industry.

Overall, Anhui Construction Engineering Group Co., Ltd. exemplifies a forward-thinking approach with a mission statement grounded in quality, sustainability, and a robust financial foundation, supporting ongoing growth and development in the highly competitive construction sector.

How Anhui Construction Engineering Group Co., Ltd. Works

Anhui Construction Engineering Group Co., Ltd. (ACEG) is a state-owned enterprise that operates primarily in the construction and engineering sector. Founded in 1958 and based in Hefei, China, ACEG is recognized for its extensive portfolio in infrastructure projects, including highways, railways, and urban development. The company also engages in real estate development with a focus on residential and commercial properties.

As of 2022, ACEG reported total assets of approximately RMB 140 billion (around USD 20.5 billion). The company's annual revenue for the fiscal year 2022 was about RMB 83 billion (approximately USD 12.2 billion), with a net profit of RMB 4.5 billion (about USD 670 million).

ACEG's operations span several segments, including:

• Construction Engineering
• Real Estate Development
• Infrastructure Investment
• Environmental Management

The construction division contributes the majority of the company's revenue, focusing on large-scale infrastructure projects such as bridges, tunnels, and roads. In 2022, ACEG completed over 150 major engineering projects, establishing a solid reputation in both domestic and international markets.

ACEG has also extended its operations internationally, participating in projects across Asia, Africa, and Europe. The company's international revenue accounted for approximately 15% of its total revenue in 2022, reflecting its expanding global footprint.

The company employs a workforce of approximately 30,000 employees, including engineers, project managers, and skilled laborers. ACEG invests in training and development, focusing on integrating advanced technologies like Building Information Modeling (BIM) and digital construction solutions to enhance project efficiency and quality.

ACEG maintains a robust financial position with a debt-to-equity ratio of approximately 0.5, indicating a balanced approach to leveraging debt for growth. The company has consistently funded its projects through a mix of bank loans and state financing, benefiting from its status as a government enterprise.

In terms of market presence, ACEG’s stock is traded on the Shanghai Stock Exchange under the ticker symbol 600502. As of October 2023, the stock price was approximately RMB 8.50 per share, showing a year-to-date increase of 25%.

ACEG is committed to sustainable development, investing RMB 1 billion annually in environmental protection initiatives. This includes projects focused on renewable energy, waste management, and green building technologies.

Overall, Anhui Construction Engineering Group Co., Ltd. operates through a comprehensive strategy that leverages its extensive expertise in construction, engineering, and project management, while continually expanding its global presence and commitment to sustainability.

How Anhui Construction Engineering Group Co., Ltd. Makes Money

Anhui Construction Engineering Group Co., Ltd. operates primarily in the construction and engineering sectors, generating revenue through various segments such as construction contracting, real estate development, and engineering consultancy services. In 2022, the company reported a total revenue of approximately ¥410 billion (around $60 billion), showcasing the scale of its operations in both domestic and international markets.

A significant portion of Anhui Construction's income comes from its construction contracting segment, which contributes over 70% of total revenue. This includes large-scale infrastructure projects, urban construction initiatives, and municipal engineering work. The company secured more than ¥350 billion in new contracts in 2022, reflecting a growth of 8% year-over-year.

Real estate development has also been a critical revenue driver for Anhui Construction. The group's development arm has seen a surge in demand, particularly in tier-one and tier-two cities. In 2022, the real estate segment accounted for approximately 20% of total revenues, generating around ¥82 billion. The company’s projects primarily consist of residential properties, commercial buildings, and mixed-use developments.

Engineering consultancy services provide an additional revenue stream, though smaller in scale compared to contracting and real estate. This segment yielded revenues of around ¥12 billion in 2022, representing about 3% of the overall income. Services offered include project management, design, and feasibility studies.

Anhui Construction is also active in international markets, having established a presence in over 30 countries. International contracts contributed to approximately 15% of the total revenue in 2022, amounting to around ¥61.5 billion. The company has been strategically focusing on regions such as Africa, Southeast Asia, and the Middle East to expand its global footprint.

Cost management remains a vital component of the company's profitability. In 2022, the gross profit margin for Anhui Construction was reported at 12.5%, a slight increase from the previous year. The company has been implementing technologies to enhance operational efficiency, resulting in a reduction of project delays and improved margins.

In terms of financial health, Anhui Construction reported total assets of approximately ¥600 billion as of the end of 2022, with a debt-to-equity ratio standing at 1.2, which is manageable within the construction industry norms. This financial structure enables the company to pursue new projects while maintaining stability.

Overall, Anhui Construction Engineering Group Co., Ltd. generates its revenue through a diversified portfolio across its core segments, focusing on both domestic and international opportunities while sustaining healthy financial metrics.