On June 22nd, a delegation led by MCC Group President Zhang Mengxing investigated, surveyed and guided the work at the MCC South Asia Company. Zhang Mengxing listened to the report on the development situation of the MCC South Asia Company's key project tracking, investment and financing, foundation management and Party construction, as well as the progress of the Chunyu Road Project in Kunming City.
Zhang Mengxing pointed out that the MCC Group's positioning on the South Asia Company is to ‘Stand on Kunming, face Yunnan, complete coordination, take root and truly undertake’, but there is still a large gap between the performance of the South Asia Company and the expectations of the MCC Group. The South Asia Company must walk in the forefront of MCC's regional companies with lofty aspirations and firm confidence. It is necessary to obtain orders in excess of RMB 30 billion.
Zhang Mengxing then made the following guidance proposals in 4 points for the future development of MCC South Asia. First, it is vital to clarify the responsibilities and goals. The primary battlefield of MCC South Asia is in Yunnan. It is necessary to conduct intensive farming of the regional market. It is not permissible to trust blindly or neglect or breach the regulations. Second, it is necessary to lead other companies subordinate to MCC, complete coordination, take root in development and realize long-term development. Third, it is necessary to conduct localized management, develop towards substantialization, increase sales volume and drive the improvement of regional marketing. Fourth, it is important to insist on taking marketing as the core, strengthening team construction, enhancing enterprise energy, advancing the quality of the personnel and establishing the enterprise’s image. In particular, the marketing personnel should consist of composite talents who not only have a professional understanding of commerce and finance, but also can deal with the actual problems overall.
Zhang Mengxing stressed that the Chunyu Road Project is the first project to commence after the MCC Group signed a strategic cooperation agreement with Kunming City, which makes it significant. It must succeed and must not fail. For the South Asia Company, the first priority is to completely master the general situation of the project, cooperate with the MCC19 Group in solving the full range of problems in the project’s process and give progress feedback to the MCC Group in time. Both parties should jointly ensure the completion of the project. Second, sign a PPP Project contract as soon as possible, establish an SPV Company and guarantee that the funds are in place on time. Third, reinforce project management, ensure the market from the construction site and enhance the supervision and control of subcontracting units.
The investigation and survey were attended by MCC President Wang Shilei, MCC Communication Construction Group Chairman Geng Yansheng, MCC19 Chairman Tian Ye, MCC Investment Management Department Director Yang Kui, MCC Domestic Market Development Department Deputy Director Duan Meiliang and MCC Real Estate Group Deputy General Manager Li Meilin.
