Setting its footprint into Hong Kong in 1979, China State Construction International Holdings Limited (“CSCI” or the “the Company”) is a vertically integrated construction and investment conglomerate mainly engaged in infrastructure investment, construction projects, as well as building-related operations such as housing project, civil engineering works, foundation works, site investigation, mechanical and electrical engineering, concrete production, prefabricated construction and project supervision services. In July 2005, the Company was listed on the Main Board of The Stock Exchange of Hong Kong Limited (stock code: 3311.HK). Over a decade, the Company’s turnover leapt from HK$6.86 billion in 2005 to more than HK$55.63 billion in 2018 with a compound annual growth rate of 17.5%; net assets jumped from HK$837 million in 2005 to around HK$43.08 billion in 2018; net profit increased from HK$130 million in 2005 to HK$4,500 million in 2018 with a compound annual growth rate of 31.3%; on-hand total contract value surged from HK$5,960 million in 2005 to HK$365.3 billion in 2018, making an array of remarkable achievements.
Upholding the entrepreneurial spirit of “Integrity, Innovation, Surpass, Win-win situation” through nearly 40 years, CSCI has established four segments in “Mainland China, Hong Kong, Macau and overseas” underpinned by the twin drivers of “infrastructure investment and construction contracting”. As at the end of 2018, the Company had established a nationwide presence covering more than 60 cities in 23 provinces across China, having undertaken over 1,000 contracted projects in Hong Kong, Macau, Mainland China and overseas.
In Hong Kong and Macau, CSCI leverages its outstanding construction and management expertise to undertake construction works, mainly including housing projects such as public and private residences, commercial and industrial housing, medical institutions, educational and cultural facilities, hotels and public constructions; civil engineering projects such as site formation, roads, bridges, reclamation and tunnels; and piling, mechanical and electrical engineering works. As a flagship of infrastructure investment business under China State Construction Engineering Corporation, the Company has been venturing into infrastructure investment business in Mainland China since 2007, with total investments amounting to over HK$350 billion as at the end of 2018. In March 2012, the Company acquired China State Construction Development Holdings Limited (stock code: 830.HK) as a turnover and profit contributor and a flagship for international expansion.
In retrospect, CSCI earned fame in major construction markets by rooting itself in Hong Kong and Macau to enhance construction workflow and improve cost efficiency using a central procurement and distribution system, reputable in major markets of the construction industry. Looking into the future, CSCI will draw upon its extensive management expertise and proven capital operation capacity to, as always, give play to its strengths in high-quality, technology-intensive works in an effort to grow into a world-class and blue-chip construction conglomerate.
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(Updated in April, 2020)