Hongrun Construction Group Co., Ltd.

Hongrun Construction Group Co., Ltd. is a private enterprise listed on the Shenzhen Stock Exchange since 2006, primarily engaged in civil engineering construction. The company specializes in the construction of rail transit systems, municipal infrastructure, and housing projects, operating under a general construction contracting model. This model allows Hongrun to provide comprehensive contracting services based on its engineering qualifications, which are recognized by the Ministry of Housing and Urban-Rural Development. The company has established a strong market position in the Yangtze River Delta region, focusing on rail transit and underground structural engineering. Hongrun is notable for its pioneering work in underground shield construction for urban rail transit and has participated in numerous projects across various cities, including Shanghai, Hangzhou, and Suzhou. Additionally, the company is expanding its operations into the new energy sector, integrating photovoltaic power station services with its construction expertise. With a stable financial foundation and a skilled management team, Hongrun continues to enhance its capabilities in both traditional construction and emerging energy markets.

1. Leading private municipal engineering, leading technology in the field of rail transit shield. The company is the first private enterprise in China to carry out underground shield construction of urban rail transit, and has accumulated a number of core technical experience in the construction fields of urban rail transit, urban bridges, tunnels, etc. The company is one of the few high-tech private enterprises in China that have dual-class general contracting for municipal public and construction projects, as well as dual-class design qualifications for municipal and construction industries. It also has first-class general contracting qualifications for highway engineering, mechanical and electrical engineering, etc., and is an important force in the new infrastructure field in East China. 2. Deeply cultivate the East China region and deeply benefit from the growth in infrastructure demand in the Yangtze River Delta. The company is deeply engaged in the construction business of regional rail transit and underground structures in the "Yangtze River Delta". The company has participated in the construction of Shanghai rail transit project since 1995. It has undertaken rail transit projects in 20 cities including Shanghai, Hangzhou, Suzhou, Ningbo, etc., and has completed a total of 305 kilometers of shield tunneling; it has undertaken municipal pipeline projects in many cities in the Yangtze River Delta region. The construction technology covers all processes such as open excavation and shield tunneling. The company has a professional and technical management team of underground pipeline corridor business with rich construction experience. Relying on good reputation, excellent construction quality and stable business philosophy, it has established a good reputation in the industry. 3. The dual-wheel drive of "construction + new energy" is to build an integrated industrial chain. The company leverages its professional advantages in building construction, combines photovoltaic power station EPC and operation experience, expands the company's comprehensive energy service sector, improves the dual-wheel drive capabilities of "building + new energy", and works with strategic partners to create the integration of wind power, photovoltaic and energy storage industry chains, further optimizes the business structure and profit model, and opens up the company's second growth curve. 4. The operational and financial situation is stable and the cost control capabilities are outstanding. Over the years, the company has insisted on corporate business and established a good governance structure and management system. It has stable finances, good net cash flow in operating activities, sufficient cash reserves, and has strong investment and financing capabilities. With its stable urban infrastructure business, good credit level and risk management capabilities, the company has established long-term and stable strategic cooperative relationships with many banks such as the Export-Import Bank of China, Construction Bank, Industrial and Commercial Bank of China and other banks. 5. The team is stable and experienced, continues to invest in R&D talents, and constantly try to improve the company's new quality productivity. The company trains and cultivates a stable management team with rich experience in on-site construction and is good at solving technical problems. The company currently has 18 senior engineers and 197 senior engineers; 187 first-level construction engineers, 113 second-level construction engineers, 27 first-level registered cost engineers, 11 second-level registered cost engineers, 22 registered safety engineers, and 18 registered professional titles in design; employees hold 845 other types of construction industry practice certificates, and professional and technical personnel account for more than half of the total number of employees. In addition, the company's nearly 1,000 underground engineering professionals have accumulated rich engineering experience in decades of engineering construction, which can solve various complex technical problems in soft soil, hard rock and composite strata. The engineering cases are all over the country, contributing the strength of Hongrun construction to the country's infrastructure construction.