China Metallurgical Group Corporation (MCC) is a large enterprise group under the direct auspices of the State—owned Assets Supervision and Administration Commission of the State Council. As the largest metallurgical engineering contractor and provider of technological upgrading and reconstruction services in metallurgical engineering, MCC has a complete industrial chain in ferrous and non-ferrous metallurgy. MCC, being the pioneer and developer of the Chinese metallurgical industry, has undertaken several projects involving the planning, prospecting, land surveying, design and construction of nearly all of the large- and medium-sized iron and steel enterprises in China, such as Baosteel in Shanghai and the steel plants in Anshan, Wuhan and Panzhihua. In 2012, MCC ranked 280^th among the world’s Fortune 500 companies and 9^th in ENR’s Global Top 225 Contractors.
The company is also a key player in the national capital construction and is a reputable EPC contractor in the overseas market. MCC is a major natural resources developer approved by the Chinese government, having its own production facilities and a range of mining claims in iron, copper, gold, nickel, cobalt, lead and zinc all over the world. MCC is also one of China’s largest equipment manufacturers and one of the 16 central enterprise mainly engaged in real estate development that are identified by SASAC (State-owned Assets Supervision and Administration Commission of the State Council). As one of the largest international engineering and construction contractors, MCC has business presence in over 90 countries and regions in the world, giving the MCC brand global prestige.
MCC’s history dates back to 1982, when the State Council approved the incorporation of China Metallurgical Construction Company, the former organization of MCC, which was then affiliated with the former Ministry of Metallurgical Industry. In July 1994, MCC was formed as the core of the China Metallurgical Construction Company. In 1998, at the request to form large enterprise groups by the State Council, all design and surveying institutes and construction companies as well as some scientific research institutions that used to be affiliated with the former Ministry of Metallurgical Industry were merged into MCC. In May 2006, China Metallurgical Construction Group Corporation was renamed China Metallurgical Group Corporation, which was then renamed China Metallurgical Group Corporation Limited after the Standard Operation of the Board of Directors in the Pilot Program. In December 2008, MCC initiated Metallurgical Corporation of China Limited (MCC Limited). In September 2009, MCC Limited was successfully listed in the Shanghai and Hong Kong stock exchanges.
As an innovative state-owned enterprise, MCC employs more than 53,000 engineering technicians and has established over 9 state-level technical innovation platforms. By the end of 2012, MCC held a total of 8,886 effective patents, ranking fifth among all central enterprises. In addition, MCC has won 47 national science and technology awards, 64 Lu-Ban Awards – the highest recognition given to Chinese contractors, 6 Jeme Tien Yow Awards for civil engineering and 79 state awards for excellence in engineering.
In light of the amendments in national policies for the iron and steel industry in recent years, MCC has gradually shaped a comprehensive business system which integrates scientific research, consultancy and planning, reconnaissance survey, design and supervision, construction, comprehensive development of real estate, equipment manufacturing and fabrication, resource development, technical service and import and export trade. It focused its core businesses on construction and engineering, equipment manufacturing, resource development and real estate development, based on its outstanding capabilities in scientific research, surveying, design and construction, whose business sectors are complementary to each other and produce significant synergy effects. It continues to provide valuable services to its clients by being committed to quality assurance and value creation, adhering to the deepening of reforms and innovative development, vigorously optimizing its product mix and market layout, constantly improving its business practice and management modes, and striving to enhance quality and profitability. As a result, MCC’s competitive edge and sustainable development capacity continue to improve.
Looking into the future, while embarking on a new journey that “focuses on the core businesses in building a better MCC”, MCC, guided by the principles of “focusing on and strengthening the core businesses, appropriately diversifying the business, and ensuring steady development”, will unswervingly and thoroughly apply the Scientific Outlook on Development, vigorously improve quality, fully promote reforms and innovation, persistently advocate and perform its responsibilities to maintain and increase the value of state-owned assets, and carry out its corporate social responsibilities.