Recently, China Communications Construction released its detailed annual report for 2021. In 2021, the newly signed contract value of CCCC will be 1,267.912 billion yuan, a year-on-year increase of 18.85%, and 108% of the annual target will be achieved (calculated based on a 10% increase on the basis of the newly signed contract value of 1,066.799 billion yuan in 2020). Among them, the infrastructure construction business, infrastructure design business, dredging business and other businesses were 1125.368 billion yuan, 44.508 billion yuan, 87.301 billion yuan and 10.735 billion yuan respectively. The value of newly signed contracts for various businesses from overseas regions was 215.978 billion yuan (equivalent to approximately US$31.299 billion), a year-on-year increase of 5.36%.

The increase in the value of new contracts signed by CCCC in 2021 is mainly due to the increase in investment and construction demand in project areas such as urban comprehensive development, municipal engineering, housing construction, roads and bridges, and rail transit.

CCCC will realize operating income of 685.639 billion yuan in 2021, a year-on-year increase of 9.25%. The impact of the epidemic has weakened significantly.

The gross profit was 85.846 billion yuan, compared with 81.735 billion yuan in the same period of the previous year, an increase of 5.03%. The gross profit margin reached 12.52%, a decrease of 0.50 percentage points from the same period of the previous year. Operating profit was 28.489 billion yuan, compared with 25.383 billion yuan in the same period last year, an increase of 12.24%. The operating profit margin reached 4.16%, an increase of 0.11 percentage points over the same period of the previous year. The total profit was 28.744 billion yuan, compared with 25.450 billion yuan in the same period last year, an increase of 12.94%. Net profit was 23.496 billion yuan, compared with 19.349 billion yuan in the same period last year, an increase of 21.44%. The net profit attributable to shareholders of the parent company was 17.993 billion yuan, compared with 16.206 billion yuan in the same period last year, an increase of 11.03%. Earnings per share were 1.02 yuan. The net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses was 14.592 billion yuan, compared with 13.777 billion yuan in the same period last year, an increase of 5.91%.

China's largest port construction company

We all know that CCCC is the largest port construction company in China. It has built most of the large and medium-sized coastal ports since the founding of the People’s Republic of China. . In 2021, the value of new contracts signed by CCCC for port construction in China will be 48.143 billion yuan, a year-on-year increase of 26.89%.

In 2021, CCCC will focus on the strategy of "prioritizing rivers, lakes and seas", focus on port upgrading and reconstruction, high-grade inland waterways, connect with the construction of national comprehensive transportation channels, large hubs and logistics networks, and follow up with the state to promote the expansion of high-grade inland waterways. Upgrading and construction, it successfully signed the container berth project in the south operation area of Dalanping District of Qinzhou Port in Guangxi Province, the oil and chemical berth project in the north breakwater of Dongying Port in Shandong Province, and the comprehensive passenger terminal project of Haikou Xinhai Ro-Ro Terminal in Hainan Province, which further strengthened the traditional Professional advantages in the field of hydraulic engineering.

One of the largest road and bridge construction companies in China

CCCC has obvious technological advantages and scale advantages in the construction of expressways, high-grade highways, and bridges across rivers and seas. The main competition with them are some large central enterprises (such as China Railway, China Railway Construction, etc.) and Local state-owned infrastructure construction enterprises. In 2021, the value of new contracts signed by CCCC in the construction of roads and bridges in China will be 310.877 billion yuan, a year-on-year increase of 12.27%.

In 2021, CCCC will insist on expanding cash exchange and strengthening investment, seize the opportunities to make up shortcomings in the western region, improve the quality of the northeast region, and build a major channel and hub in the central region, strengthen smart and sustainable operations, and cultivate a strong transportation country. The main position, continue to enhance the leading advantage of large traffic.

On the one hand, it focuses on spot foreign exchange projects, emphasizes returning to its main responsibilities and main business, continuously consolidates its dominant position in key businesses and key regions, regains its market position as the “King of Highways”, and successively wins the Qinggan section of Zhangye-Wenchuan National Expressway and Changchun Economic Development Zone. A number of high-quality spot exchange projects such as the second phase of the Circle Line and Yunnan G5615 Tianbao to Houqiao Expressway EPC.

At the same time, give full play to the advantages of the whole industry chain in the field of transportation infrastructure investment, and invest in the construction of Chongqing Yuwu capacity expansion, Tongliang to Anyue, Yulu capacity expansion expressway BOT project, Guangxi Quanzhou-Rongxian Highway (Pingle to Zhaoping section) BOT projects, etc., to promote business upgrading to high value-added links.

Congratulations to China Communications Construction for its return to the No. 1 ranking of highway projects in China. After 2018, China Communications Construction has returned to the throne of "Road King".

In addition, in 2021, CCCC has obtained a total of 16 grades A and above qualifications, including 1 special qualification for general contracting of municipal public works construction and 5 special qualifications for general contracting of highway construction. The successful acquisition of the 6 special qualifications will further enhance the core competitiveness of CCCC in the municipal engineering industry, consolidate the leading position in the highway industry, provide strong support for the implementation of "big city" and "big transportation" business, and accelerate the market. Pioneering pace.

One of the largest railway construction companies in China

Although there is still a gap between China Railway Construction Corporation and China Railway Construction Corporation in the railway construction market, CCCC has developed into the main force of my country's railway construction by virtue of its excellent construction level and excellent management ability. In 2021, the newly signed contract value of CCCC's railway construction in China will be 25.006 billion yuan, a year-on-year increase of 61.80%. In terms of overseas markets, it has also successfully entered the railway construction markets in Africa and Southeast Asia. Many major railway projects have been completed and operated and are under construction. The market influence can also be said to be pivotal.

In 2021, CCCC closely follows the national strategic layout and development direction, concentrates advantageous resources, locks in major projects, won the bid in the Sichuan-Tibet railway market with a total contract value of 20 billion yuan, and successfully won the longest railway tunnel project in China. The strength of the railway has been successfully completed, and the established goal has been successfully achieved, and the brand name of "CCCC Railway" has been established.

Urban construction has strong market influence

CCCC has widely participated in urban construction such as urban rail transit, construction, and urban integrated pipeline network, and has strong market influence. At the same time, accelerate the layout of emerging industries such as ecological environmental protection and urban water environment management, and strive to cultivate new growth points. In 2021, the newly signed contract value of CCCC's urban construction projects in China will be 531.983 billion yuan, a year-on-year increase of 26.99%.

In 2021, CCCC will fully connect with the new urbanization strategy, the new round of area development and construction needs brought about by the adjustment of land and space planning and urban renewal actions: in terms of comprehensive urban development, won the bid for Tianjin Haihe Liulin "Design Capital", Jinhua A number of large-scale urban comprehensive projects of more than 10 billion yuan, such as the Central Innovation Zone and Wenzhou-Zhenan Science and Technology City, have continuously expanded their business scale. In terms of housing construction, we have signed contracts for resettlement houses in Haikou, Shangrao, Luoyang and other places, and have been deeply cultivating and expanding in the field of government housing construction for people's livelihood. Urban complex traffic, urban expressway upgrade and reconstruction, underground engineering and other high-tech subdivisions, landed in Dalian Changxing Island Fine Chemical Industry Park, Ningde Lithium Tramway Liwan Park, Xi'an Aerospace Base Data Industrial Park and a series of municipal infrastructure in parks Projects, improve the level of regional services, and provide important support for urban economic development. The rail transit business has spread to 34 cities, with breakthroughs in Chongqing and Xiongan markets for the first time, and 9 cities including Tianjin, Nanjing, Shenzhen and Harbin have continued to operate. In terms of urban public utilities such as water environment management and new energy, the Bazhou city-wide sewage treatment project, the Chongqing Yubei urban environment comprehensive improvement project, and a large number of high-quality offshore wind power projects in Guangdong East Guangdong, Ningbo Xiangshan, Changle Waihai, etc., are emerging pillars. The business status has initially emerged.

The world's largest dredging company

CCCC is the largest dredging enterprise in China and even the world, and has absolute influence in China's coastal dredging market. In 2021, the newly signed contract value of CCCC's dredging business will be 87.301 billion yuan, a year-on-year increase of 48.38%.

In 2021, CCCC will dig deep into the stock in the coastal areas, consolidate the traditional main business market, take responsibility for defending the soil, and strive for every inch of land, and successfully win the bids for the traditional 50,000-ton waterway, bauxite waterway, and sand-covered roadway in Nantong Port in Caofeidian Port of Tangshan. The key business projects have cemented China Communications Construction's leading position in the field of dredging. Grasp the development opportunity of the national ecological civilization construction needs, make a voice in the large ecological environment protection and water resources increment market, and actively act to promote the comprehensive renovation project of water bodies that do not meet the standards in Zhongshan City, Jinan's new and old kinetic energy conversion starting area, Qingdao "beautiful Jiaozhou Bay" ” and a number of key projects with global driving force and goal orientation have been implemented.

In addition to the above, CCCC's 2021 annual report also announced the basic information of major subsidiaries, including registered capital, total assets, net assets, net profit, etc. The details are as follows:

The ranking of CCCC in the world's top 500 has jumped from the 110th in 2016 to the 61st in 2021. It has been ranked first among ENR's largest international contractor Chinese-funded enterprises in the world for 15 consecutive years. A grade.

In 2022, on the basis of comprehensively judging the political, economic and market situation, the target of CCCC's business plan is determined as follows: a year-on-year increase of no less than 11.8% in the value of newly signed contracts, and a year-on-year increase of no less than 6% in operating income. That is to say, the newly signed contracts of CCCC in 2022 will not be less than 1,417.5 billion yuan, and the operating income will not be less than 726.8 billion yuan.

In 2022, CCCC will firmly hold the "red flag" of the main business with the traditional advantages of "big transportation", stand up as the "windmark" of the new army of "big cities", sit firmly on the "leader" of international development, and further expand domestic and overseas development. market, adjust the business layout structure, and expand international influence.

I wish CCCC a new journey of high-quality development in the new era. Editor/Sang Xiaomei