Comparison of business performance of eight Chinese prefix construction central enterprises in 2020


Wen / Fu Hanmei (WeChat official account: building frontiers) recently, central enterprises of various construction enterprises have released the 2020 performance data

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Now let’s compare them to see which enterprises are the strongest and their performance is growing faster

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– 1 – overall situation ▌ in 2020, the newly signed contracts of the eight major construction enterprises from high to low are: CSCEC 3200 billion yuan, a year-on-year increase of 12%; China Railway 2600 billion yuan, a year-on-year increase of 20%; China Railway Construction 2550 billion yuan, a year-on-year increase of 27%; China Metallurgical 1020 billion yuan, a year-on-year increase of 29%; China Power Construction 700 billion yuan, a year-on-year increase of 32%; China energy construction 600 billion yuan, a year-on-year increase of 1% 1%; China Chemical 250 billion yuan, an increase of 11%; China nuclear construction 110 billion yuan, an increase of 13%

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▌ CSCEC is still far ahead of other enterprises and has achieved its target of 3.1 trillion yuan of new contracts in 2020

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The main business of CSCEC is housing construction

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The scale of operation in the field of housing construction is still very large, the competitiveness is strong, and the infrastructure business is growing rapidly

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While continuing to consolidate its business advantages, CSCEC should comply with the development trend of the construction industry, strive to expand the real estate business, and maintain the continuous growth of the overall business

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The company adheres to the general keynote of seeking progress while maintaining stability, adheres to the new development concept, adheres to high-quality development, comprehensively strengthens the party’s leadership and Party building, takes “one creation and five strong” as the goal, takes deepening reform and innovation as the driving force, and takes continuous inspection and rectification as the starting point, comprehensively promotes steady growth, adjusts structure, promotes reform, strengthens innovation, prevents risks, and constantly makes it stronger, better and bigger, finally realizing the “ten goals” The third five year plan came to a successful conclusion

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▌ China Railway and China railway construction are on the same level

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From the perspective of growth trend, although the base of China railway construction is slightly inferior, the growth rate is higher than that of China Railway

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If such growth is maintained, it is not impossible for China railway construction to surpass China Railway

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The business plan of China Railway Construction Corporation in 2020 is the newly signed contract value of 2100 billion yuan, while that of China Railway Construction Corporation is 2200 billion yuan, both of which are more than 400 billion yuan more than expected, showing the rapid growth momentum

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▌ in terms of growth rate, power construction of China is the fastest growing among the eight enterprises, followed by MCC, CRCC, CRCC, CNCC, CSCEC, CNCC and CNCC

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Power Construction Corporation of China has seized the new development opportunities for the development of construction enterprises provided by a series of steady growth measures specified in the central economic work conference, the Party Central Committee and the State Council after the epidemic, adhered to the innovative development concept, actively promoted the strategic upgrading, and comprehensively built “power construction with science and technology, value, responsibility, rule of law and global” to achieve high-quality and high-speed development Exhibition

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– 2 – the amount of new contracts signed at home and abroad

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If we look at the amount of new contracts signed by these enterprises at home and abroad, the change trend of each enterprise is also different

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As MCC and CNKI have not yet given relevant data, here we only compare the other six major enterprises, among which CSCEC only analyzes the data of construction business

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▌ from high to low, the newly signed contracts in China are as follows: CSCEC (construction business) 2600 billion yuan, a year-on-year increase of 12%; China Railway 250 billion yuan, a year-on-year increase of 21%; China Railway 2300 billion yuan, a year-on-year increase of 34%; China power 500 billion yuan, a year-on-year increase of 30%; China Energy 400 billion yuan, a year-on-year increase of 9%; China Chemical 200 billion yuan, a year-on-year increase of 123%

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▌ in terms of growth, China Chemical’s domestic business is growing rapidly, and the newly signed contract amount is 1.2 times that of last year, which is closely related to the company’s implementation of “1356” strategic measures based on the medium and long-term development strategy of “three-year five-year plan, ten-year and thirty year vision”

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By continuously optimizing the business layout, pushing forward transformation and upgrading, paying close attention to fine management, promoting technological innovation, and Comprehensively Strengthening Party building, the company has achieved high-quality and unconventional leapfrog development, and has built China chemical into a world-class engineering company with global competitiveness integrating R & D, investment, construction and operation

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According to the market changes and implementation, the company timely adjusted its business plan, focusing on domestic business, avoiding the adverse impact of international trade friction and geopolitical conflict on the operation as far as possible

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▌ from high to low, the newly signed overseas contracts are: China Railway Construction 230 billion yuan, a year-on-year increase of – 14%; China Power Construction 200 billion yuan, a year-on-year increase of 36%; China Construction (construction business) 190 billion yuan, a year-on-year increase of 4%; China energy construction 180 billion yuan, a year-on-year increase of 16%; China Iron 140 billion yuan, a year-on-year increase of 7%; China Chemical 50 billion yuan, a year-on-year increase of – 64%

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▌ both CRCC and SINOCHEM have negative growth, which clearly shows that the international economy is facing a complex situation and severe challenges

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In such an environment, many enterprises have reduced their overseas business expansion

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China’s one belt, one road policy, has been keeping up with the growth of China’s power construction

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We should implement the concept of open development, formulate a three-step global development strategy of “international business collectivization, international operation localization and group company globalization”, further optimize the global market layout, gradually promote the global resource allocation, and improve the international business development mode, management and control mode, path selection, spatial layout and comprehensive management mode through a series of new ideas, new ideas and new measures Competitive advantage, comprehensively promote the company’s international operation “go out, go in, go up”

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Using data to prove one’s commitment to becoming one of the leading enterprises one belt, one road, and achieving the goal of creating a global and competitive multinational company and global company

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2020 is an extraordinary year

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The international environment continues to evolve profoundly

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There are uncertainties in Sino US trade, increasing downward pressure on the economy, and the situation of the construction industry market is still complex

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However, the fundamentals of stable market scale have not changed

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The central economic work conference has made it clear that we should do a good job in “six stabilities” in 2020, that is, to stabilize employment, finance, foreign investment, foreign trade Stabilize investment and expectations, and add policy dividends to the construction industry

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The state has successively implemented a number of major basic projects, increased the planning and construction of key urban agglomerations, intercity railways in metropolitan areas, urban (suburban) railways and high-grade highways, and increased the construction of major water conservancy projects, as well as the transformation of old urban areas and supporting infrastructure

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At the same time, it puts forward the construction plan of “19 + 2” urban agglomeration, 34 metropolitan areas and 18 free trade zones, which provides a stable growth point for the development of construction industry

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At present, the domestic construction market has entered a critical period of the transformation of new and old kinetic energy

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The supply side structural reform continues to deepen, and the profound changes in development connotation and business model have promoted the transformation and upgrading of the construction industry

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Cloud computing, big data, artificial intelligence, Internet of things, blockchain, 5g and other new generation information technologies are speeding up their popularization and application in traditional industries

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The “new infrastructure” represented by 5g base station, big data center, optical fiber transformation, broadband expansion, charging pile, open platform, urban space-time network and information service platform has become the focus of strengthening innovation driven, supply side structural reform and infrastructure supplement Short board is an important area

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In the coming year, we hope that all enterprises can seize the strategic opportunity of sustainable development, maintain rapid and stable growth, and bring more brilliant achievements to the construction industry of the motherland

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Data sources: Fu Hanmei, editor of typesetting, Cai min and Li Ling, author of eight central enterprises, sina finance and CNKI

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The author of this paper is Fu Hanmei from Shanghai panchengde Enterprise Management Consulting Co., Ltd

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The contents listed in this article only represent the author’s point of view, not pan Chengde’s position.

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