Jiangsu Zhongnan Construction Group Co., Ltd. (000961)

Jiangsu Zhongnan Construction Group Co., Ltd. (000961)

Zhongnan group was founded in February 1988, with more than 100000 employees and nearly 20000 management personnel. In 2020, the group will achieve a comprehensive revenue of 316.5 billion yuan, with Zhongnan Construction (sz000961), a listed company, forming a "4 + 1" business layout - Zhongnan land, Zhongnan Construction, Zhongnan industrial investment and Zhongnan education. At present, its business covers 28 provinces, autonomous regions, more than 160 cities and overseas markets such as Australia and Algeria. The group has 995 corporate companies and more than 1200 projects, ranking 78th among the top 500 Chinese enterprises, 11th among the top 500 Chinese private enterprises, 16th among the top 16 Chinese real estate enterprises and 8th among the top 500 Chinese construction enterprises. It has won 25 Luban awards, 1 special Luban Award, 15 Zhan Tianyou awards, more than 80 national awards such as steel structure Gold Award and China Architectural Decoration Award, and more than 200 provincial quality engineering awards such as Yangtze cup, Great Wall Cup, Magnolia cup and Taishan cup.

The predecessor of Zhongnan group is a construction contractor team, initially only 28 employees, 5000 yuan capital. The 33 year development course of Zhongnan group is a model for Chinese private enterprises to strive for growth. In the past 33 years, Zhongnan group has grasped six opportunities and made great progress: first, it merged with Nantong general contractor and founded Zhongnan architecture; Second, the development of Nantong CBD has opened a golden decade of real estate development; Third, the acquisition of Beijing municipal construction, the establishment of civil engineering in central and southern China, open up the field of infrastructure business; Fourth, the main board backdoor listing, successfully entered the fast lane of capital management; Fifth, adjust the strategic layout in time, march into the first and second tier cities, and achieve the goal of 100 billion yuan ahead of schedule; Sixth, integrate the industrial structure scientifically, constantly seek for changes, launch the management revolution, and make enterprises move towards high-quality development.

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