China West Construction Co., Ltd.
西部建设
002302
Shenzhen Stock Exchange
Company Profile
China West Construction Group Co., Ltd. (CWCG), a comprehensive service provider in the construction materials industry, is engaged in the ready-mixed concrete and related business. CWCG is the first professional company going public independently and the only development platform in the ecosystem with ready-mixed concrete business at its core of China State Construction Engineering Corporation, a construction investment group under direct administration of the central government and a Fortune 500 company ranking top in the globe. CWCG is also one of the largest listed companies in the ready-mixed concrete industry in China. In 2024, CWCG reported a total transaction value of RMB53.04 billion and a total operating revenue of RMB18.11 billion, remaining in the second position in the ready-mixed concrete industry in China.
Full description
To fulfill its ultimate goal to meet the market and customer requirements, China West Construction Group Co., Ltd. (CWCG) has built strong production and supply capacities and sound industry chains in 25 provinces (autonomous regions and municipalities under direct administration of the central government) in China as well as in other countries like Malaysia, Indonesia, Cambodia, and Thailand. CWCG has complete industry chains covering cement, additives, commercial mortar, sand and stone aggregates, transportation and pumping, scientific research testing, etc., and thereby could meet all kinds of product and service needs of customers. As a national high-tech enterprise, CWCG continues to create value for the society with innovative technologies and leads the industry to develop towards a high-tech, green and intelligent future. CWCG works closely with well-renowned higher education institutions and research institutes like Tsinghua University, Wuhan University, Sichuan University, Chongqing University and China Academy of Building Research in industry-university-research cooperation. It has the first national postdoctoral research workstation in the ready-mixed concrete industry in China, one national certified enterprise technology center, eight provincial certified enterprise technology centers,five provincial engineering technical research centers,and two provincial engineering research centers. Products like the ultra-high pumpcrete, ultra-high-strength concrete, fair-faced concrete, foam concrete and radiation shielding concrete independently developed by CWCG have been proved successful through being applied to landmark buildings such as the Goldin Finance 117 Tower (597 meters), the tallest structural building in China, and the Gamma Grand Mosque in Algeria, one of the top 3 mosques in the world. CWCG has won trust and business from domestic and overseas customers with its ever-growing innovation and service capacities. Adhering to the people-oriented principle, CWCG is active in implementing the "revitalizing the enterprise with talents" strategy. It has a highly competent professional team consisting of over 480 doctors and masters, more than 1500 members with senior and medium professional titles and 1 enjoying the special allowance from the State Council. It continues to improve the talent cultivation and selection mechanisms, and cooperates with many well-known higher education institutions in this country to build business and employment practice bases and talent cultivation bases. It practices the "going green and environmental protection" philosophy throughout its product life cycle and its whole business process. It claims the first to have an environmental director and a "garden like" factory with zero emission in the industry. Its production units have won honors like the "green and environmental protection model in Chinese concrete industry", and the "green model factory in Chinese ready-mixed concrete industry". Its products won the China Environmental Labelling and the three-star green building materials evaluation logo, and thus are included on the list of government procurement. To fulfill its social responsibilities as an enterprise under direct administration of the central government and listed company, CWCG takes initiative to assist Tibet and Xinjiang, fight against the pandemic, provide disaster relief, assist impoverished people and students, and protect the environment. Those efforts have won its praises and honors from government agencies. It wins recognition of the society with its effective operation management and positive brand image. It has won honors like the National Civilized Unit, National May 1st Labor Certificate, National Pioneer Worker Unit, National Model Home of Employees, the Most Influential Enterprise in Chinese Ready-mixed Concrete Industry, etc.