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1 003 Introduction to CITIC Construction 005 CITIC Group 006 Chairman's Message 008 President's Message 10/17 Corporate Ethic 012 Operational Strategy 012 Operational Philosophy 012 Business Model 012 Rankings of CITIC Construction 014 Qualification Certificates and Research Institute 016 Global Market 18/99 Business Overview 020 Civil Buildings 044 Infrastructure 062 Industrial Facilities 082 Agricultural Development 084 Mining Industry 088 Featured Projects 104/119 Corporate Social Responsibility 120/135 Corporate Governance 122 Organizational Structure 124 Management Team 2 1 CITIC Construction Co., Ltd. (the Company), initiation, financing, construction and Uzbekistan, UK, Venezuela and a number of a subsidiary of CITIC Group, is a leading operation, all of which can help the clients to other overseas markets. company among the Engineering News- expand upstream and downstream industries Record (ENR) Top 250 International to develop complete value chains. As a vice-chairman member of both China Contractors. International Contractors Association Besides its traditional business in (CHINCA) and China Chamber of Commerce The Company has, for decades, defined engineering sector, the Company also, for Import and Export of Machinery and its operation strategy as "Wining over by taking advantages of CITIC Group's Electronic Products (CCCME), CITIC engineering contractorship by prioritizing diversified business and integrating all these Construction has been certified with Class-A+ investment, financing and pre-service and resources, expands its service portfolio and qualification for the general contracting injecting impetus to industrial development offers a whole range of value-added services of housing construction as well as the with the contractorship". With determination to maximize clients' interests. Based on Class-A certificate in engineering design. and perseverance, the Company has grown the comprehensive advantages endowed The Company has also been certified by into a global leading contractor providing by its parent company CITIC Group the ISO9001 Quality Management System, comprehensive construction and engineering whose business covers six major sectors the ISO14001 Environmental Management services and been eligible for contracting including finance, resources and energy, System, and the OHS18001 Occupational major world-class projects. manufacturing, engineering contracting, Health and Safety Management System. real estate and infrastructure, the Company The Company not only bears the immediate offers clients with financial and consulting To build on present achievements, CITIC needs of clients in mind, but also takes future services and other all-round CITIC-branded Construction is heading for a glorious regional plan and industrial development services featured with the most efficient and future. With determined adherence to the into consideration, so as to ensure the economical solutions. corporate spirit of "Forging ahead to pioneer sustainability of projects. During the whole and innovate and persisting in pursuing life circle starting from project planning, the The Company has, up to now, set up excellence", CITIC Construction, as your Company is dedicated to providing clients branches in Algeria, Argentina, Angola, most reliable partner, will join hands with you with package solutions encompassing Brazil, Belarus, Kazakhstan, Kenya, to march towards a brighter future. feasibility study, project approval and Myanmar, Russia, South Africa, Thailand, 2 3 CITIC Group (formerly the China International Trust and Investment Corporation), parent company of CITIC Construction. CITIC Group (formerly known as China International finance, energy and resources,manufacturing, Trust and Investment Corporation) was established engineering contracting, real estate and others. CITIC in 1979 by Mr. Rong Yiren with the support of late Group ranks 156th on Fortune Global 500 in 2016. Chinese leader Deng Xiaoping. Since its inception, CITIC Group has played a significant role as a pilot In August 2014, CITIC Pacific, the Hong Kong- for national economic reform and a window for listed subsidiary of CITIC Group, acquired the major China’s opening-up to the outside world. Devoted to business platform of its parent company and was exploration and innovation in a number of economic then renamed CITIC Limited (SEHK：00267）. CITIC fields, it successfully blazed a new trail for China’s Group currently holds about 58 % equities in CITIC development through raising foreign capital, Limited. introducing advanced technologies, and adopting advanced international practice in corporate operation CITIC Limited is one of the largest constituents of and management. Hang Seng Index. By December 31, 2015, its total assets stood at 6,803.3 billion HK dollars, with total CITIC Group has grown into a large state-owned revenue reaching 416.8 billion HK dollars and net profit multinational conglomerate. Its business covers for common shareholders 41.8 billion HK dollars. 4 5 CITIC Construction devotes itself to becoming an exceptional company in the global market. Regarding ourselves as a global corporate citizen, we actively fit into regional development, community's progress and people's well-being as our business expands. CITIC Construction seizes the opportunity of the "Belt and Road" initiative to gradually take root in the global market. We pursue a strategic and value-based development driven by innovation. We rely on the tremendous strength of CITIC Group's integrated business model, Chen Xiaojia but at the same time serve as key backbone for our groups for overseas Chairman business. Depending on CITIC Group's powerful strength and giving full play to its business platform advantage and resource integration capability, CITIC Construction secures general contracting by providing investment, financing as well as preliminary service to our customers, which will in turn promote the development of relevant industries. As a leading comprehensive engineering service provider in the world, CITIC Our development logic is to take local welfare into account and realize Construction aspires to become a trustworthy, respected and ever- win-win results with host countries. CITIC Construction not only builds lasting global enterprise. projects in the region, but also friendship with the local people. Apart from quality projects in livelihood, education, medical care, sports and Be customer-oriented and achieve sustainable development is our culture, we also promoting a brighter future to the local people. fundamental business attitude, which means meeting customers’ demands and actively creating more value for them. Sticking to Those who pursue new things will make progress every day. We will this concept, we have established a unique "CITIC Model" in the always challenge ourselves with higher purposes. During this process, international market, namely, combining our own hard power and we will share opportunities and launch in-depth cooperation with collaborative advantage of the CITIC Group for in-depth cooperation with outstanding global enterprises as well as realize win-win development top international specialized companies. CITIC Construction integretes and share the results with global customers in the principles of all the advantageous resources to provide life-cycle service for our openness, pragmatism, innovation and progress, so as to make due customers. contributions to the economic development of China and the world. 6 7 Tao Yang President As a practitioner of the general contracting model of international Looking forward to the future, other than being a comprehensive service projects, CITIC Construction has been ranked in the ENR Top 250 provider of engineering projects, CITIC Construction will make better use International Contractors for several years. Its return on equity, per of new financing platforms, and promote investment and cooperation capita contract amount, per capita turnover and per capita profit margin between China and host countries, so as to achieve interconnected are among the best of similar enterprises in China. development of the project and the regional economy. In the past three decades, every project of CITIC Construction has benefited from local Projects and related all-round service are the main business and core people's sincere trust and support and each achievement is a footnote of competence of CITIC Construction. Depending on its own strength, the collaboration and development of our employees across the globe. integrating comprehensive advantages of the CITIC Group, and channeling high-quality cooperative partners, CITIC Construction has Achievements derive from the pursuit of excellence, and success stems completed more than one hundred projects that proprietors are proud from the profound understanding of win-win cooperation. CITIC Construction of in over 10 countries and regions in Asia, Africa, Latin America, Middle will create value for proprietors, make profits for shareholders, bring benefits East and Europe. By valuing every project, serving every proprietor and to peoples in host countries and bring honor to Chinese enterprises with its earning our reputation, we forged the CITIC Construction today. more competitive industrial forms, wider and deeper business cooperation, and more lucrative profit growth in the future. 8 9 CORPORATE ETHIC 10 11 Corporate Ethic Business Overview Operational Strategy CITIC Construction strives to win over engineering contracts through investment, financing and pre-service
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