China Communications Construction
|Traded as||SEHK: 1800, SSE: 601800|
|Headquarters||Beijing, People's Republic of China|
|People's Republic of China|
|Chairman: Mr. Zhou Jichang|
|Services||Road and port infrastructure|
|Owner||State-owned Assets Supervision and Administration Commission of the State Council|
|Parent||China Communications Construction Group|
|Slogan||We are building a connected world|
|Website||China Communications Construction Company Website|
China Communications Construction Company (CCCC) Group, China Communications in short form, (SEHK: 1800, SSE: 601800) (simplified Chinese: 中国交通建设; traditional Chinese: 中國交通建設; pinyin: Zhōng guó jiāo tōngjiàn shè) is a construction group based on mainland China.
The group was established in Mainland China in 2005 from the merger of China Harbour Engineering Company Group and China Road and Bridge Group. The group is engaged in the construction and design of transportation infrastructure dredging and port machinery manufacturing business. It is the largest port construction and design company in China, the largest dredging company in China and the third largest in the world.
It now holds two subsidiary companies, Shanghai Zhenhua Port Machinery Company (ZPMC) (simplified Chinese: 上海振华港口机械; traditional Chinese: 上海振華港口機械; pinyin: Shànghǎi zhènHuà gǎngkǒu jīxiè) and Road and Bridge Construction (simplified Chinese: 路桥建设; traditional Chinese: 路橋建設).
In April 2015, The Australia Government had approved the sale of Leighton Holding's John Holland Group, one the country's biggest construction firms, to China Communications Construction Company (CCCC) and bought it for A$1.15 billion ($879 million; £593 million) deal was announced last year but was subject to regulatory approval.
CCCC is the largest Mainland China's infrastructure government-owned enterprise company listed in Hong Kong Stock Exchange Market. Some of its stock were bought by some of billionaires, including Li Ka Shing, Lee Shau Kee, Joseph Lau, Robert Kuok and Alwaleed bin Talal, during its initial public offering (IPO) on December 2006. China Life Insurance Group, Chow Tai Fook Group and Government of Singapore Investment Corporation were its strategic stockholders.
Many investors believed that CCCC is the joint venture company of the Bank of China, the Bank of Communications and the China Construction Bank, but it is irrelevant to them since it is engaged in constructions industry, rather than bank industry. However, CCCC now holds the stocks of the Bank of Communications and the China Merchants Bank.
- "Australia approves sale of construction firm John Holland to China". BBC News. 8 April 2015.
- China Communications Construction Company (CCCC)
- Shanghai Zhenhua Port Machinery Company (ZPMC)
- Road and Bridge Constructions Group