CR Construction Group Holdings Limited
HHKEX:15820.45
HKD
+0.04
(+9.76%)
CR Construction Group Holdings Limited
HKEX:1582
(Hong Kong Exchange)
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0.45
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- CR Construction Group Holdings Limited CR Construction Group Holdings Limited (1582:HKG) is a Hong Kong-based investment holding company primarily engaged in building construction services and environmental operations across Hong Kong, Mainland China, Malaysia, and the United Kingdom; it acts as a main contractor for new building works encompassing residential, commercial, industrial, and institutional projects such as the Proposed Residential Development at Kwun Tong Town Centre, The St. Regis Hong Kong, and data centre developments, as well as repair, maintenance, addition, and alteration (RMAA) works including general upkeep, refurbishment, and improvement of existing facilities for public and private sector clients; structural and engineering services comprising piling, demolition, site formation, electrical, and mechanical works; interior design and fitting-out; and environmental operations involving sewage and reclaimed water treatment, solid waste disposal, ecological restoration, and water distribution services through its subsidiary Zhejiang Construction Investment Environment Engineering Company Limited (ZCIEE). Founded in 1967 through its core subsidiary CR Construction Company Limited and headquartered at Level 32, Standard Chartered Tower, Millennium City 1, 388 Kwun Tong Road, Kowloon, Hong Kong, the group employs approximately 944 to 1,015 staff and serves a diverse customer base spanning government authorities like the Hong Kong Housing Authority, educational institutions, and private developers; it listed on the Main Board of the Hong Kong Stock Exchange in October 2019 under stock code 1582.HK and operates two main segments with construction contributing the bulk of revenue at around HK$5.93 billion in 2024 alongside growing environmental operations at HK$139 million. Recent developments include the May 2023 acquisition of ZCIEE for RMB201 million from related party China Zhejiang Construction Group (H.K.) Limited, bolstering environmental capabilities in water treatment and ecological projects; January 2025 restructurings of subsidiaries CR Construction (U.K.) Investments Company Limited for European expansion, Triumph Success Developments Limited for Southeast Asia via Malaysia, and ZCIEE to enhance wastewater services; handover of Goodman Tsuen Wan West Building 8 and participation in new data centres; strategic dialogues with The Bank of East Asia for financial partnerships; and post-2024 awards of multiple contracts including public housing redevelopments in Shek Kip Mei and To Kwa Wan, plus certifications from Zhuhai Hengqin and Qianhai authorities for Mainland China operations.