On September 12nd, MCC General Manager and President Zhang Zhaoxiang met President of Wuchan Zhongda Group Co., Ltd. Zhou Guannü and her delegation at the MCC Headquarters in Beijing. Both parties further strengthened their communication on capital operation and business cooperation.
Zhang Zhaoxiang first welcomed President Zhou Guannü and briefly introduced the basic situation of MCC, pointing out that the Group has successfully transformed from the steel metallurgy field to non-steel fields, following the new strategic positioning of being the 'national team of metallurgical construction, the main force of infrastructure construction and the pacesetter of emerging industries, taking the path of high-tech construction in the long term'. The contract amount of MCC's non-steel fields accounts for nearly 90% in the first half of 2016. The contract amount also posts impressive growth in municipal transportation infrastructure construction, high-end housing construction, environmental engineering and new energies. In particular, it has made significant breakthroughs in underground pipe networks, beautiful village & smart city and sponge city technology, and special theme park engineering, successfully completing many large-scale emerging industry projects and accumulating rich experience. Zhang Zhaoxiang also pointed out that MCC and China Minmetals have successfully carried out their strategic recombination, the first such recombination between two global 500 companies in China. The new China Minmetals is committed to forging China’s metal mining investment platform. China Minmetals has been approved to be included in the second batch of State-owned capital investment companies by the State Council.
Zhou Guannü thanked General Manager Zhang Zhaoxiang for his warm welcome and introduced the basic situation of the Wuchan Zhongda Group. In recent years, the Wuchan Zhongda Group has taken 'One body, two wings' as its development strategy. It has realized industrial pattern transformation from the light assets mode to a mode combining light, heavy and high assets through constant innovation and upgrading. It spares no effort to construct an interactive business structure with circulating integration services as its main body, and finance and the high-end manufacturing industry as the two wings. Since 2011, the company has been continuously shortlisted in the Global 500 Companies list, ranking 359th in 2016.
Zhou Guannü pointed out that the strategic transformation of the MCC Group has significant efficiency. Besides its enormous advantages in traditional metallurgy markets, its strength in municipal transportation manufacture construction has been continuously enhanced. Moreover, it is in a leading position in the field of emerging industries. The Wuchan Zhongda Group is currently in a stage of rapid development. The 'One body, two wings' development strategy has many coherence points with MCC's strategies. She hopes to carry out in-depth cooperation in the fields of capital operation, underground comprehensive pipe networks, sponge city, PPP projects, trade circulation and more.
Zhang Zhaoxiang expressed that the Wuchan Zhongda Group has developed rapidly and strongly in business in recent years, and is a representative of the outstanding enterprises of Zhejiang Province. Both sides have carried out good business cooperation. They welcome the Wuchan Zhongda Group to take part in the investment and construction of the MCC Group's capital operations, underground pipe networks, sponge city technology and PPP projects.
The meeting was attended by Wuchan Zhongda Group Director and Vice President Shen Guangming, Capital General Manager Yan Liang, Capital Vice General Manager Li Guangzan, Capital Executive General Manager Gong Sensen, and Beijing Representative Office Chief Representative Fang Yi; MCC Group Vice General Accountant and Planning and Finance Department Minister Fan Wanzhu, Treasury Department Minister Li Yuzhuo, Tendering Procurement Management Center Director Ren Changwei, Board of Directors General Office Deputy Director Lin Xiaohui, and Treasury Department Vice Minister and MCC Jianxin Fund Company Vice General Manager Ye Zhixiang.
President Zhang Zhaoxiang holds talks with President Zhou Guannü
Group photo of leaders from both parties
