- Business
- Long Yuan Construction Group Co., Ltd. (600491.SS) engages primarily in engineering construction and infrastructure development in China. Founded in 1980 and headquartered in Shanghai at Longyuan Group Building, Lane 99, Shouyang Road, JingAn District, the company provides general contracting services for housing construction projects including public buildings, factories, municipal and civil works, industrial facilities, stadiums, housing, universities, schools, medical centers, high-rise offices, hotels and commercial complexes; infrastructure investment through PPP models encompassing urban comprehensive development, medical and health, ecological environment management, roads, expressways, bridges, flyovers; green building solutions such as steel structure prefabrication, grid engineering, architectural and decoration design, curtain walls, mechanical and electrical installations, air-conditioning systems, foundation works, landscape projects and indoor decoration for airports, government buildings and R&D centers; as well as ancillary services like engineering consulting, supervision, real estate development, fixed asset leasing and project management. The company operates 18 regional branches across more than 20 provinces including Shanghai, Zhejiang, Jiangsu and Guangdong, with overseas presence in Thailand, Malaysia, Vietnam and the Philippines, and maintains national super qualifications in housing construction along with first-class qualifications in design and multiple specialties. Recent developments include receiving RMB2 billion in funding in April 2023 to support operations, achieving net assets exceeding RMB10 billion in 2018 with PPP project investments surpassing RMB80 billion, and ongoing expansion in PPP leadership having secured 70 projects across 17 provinces including 12 national demonstration initiatives as of recent reports.