By: Yi Xini
Chairman Li Yulong of MCC Jingtang Construction Corp., Ltd. (MCC Jingtang) and Chairman Li Lianping of Hebei Construction Investment Company (HCIC), on behalf of MCC Jingtang and HCIC respectively, signed a framework agreement for strategic cooperation in Shijiazhuang On September 11, 2009. The other attendees at the signing ceremony included: Vice General Manager Zhang Huiqing, Vice General Manager He Zhiqiang, Vice Chief Engineer Wang Bingjin and Vice Director Guo Yong of Marketing Department of MCC Jingtang; Director Ma Guoqing for Investment Development of HCIC; and General Manager Fan Hongjie of Jijing Real Estate Development Co., Ltd. of Hebei Province.
As an operating agency for state-owned assets and a state-owned controlling investment company approved by Hebei Provincial Government and duly authorized by the State-owned Assets Supervision and Administration Commission of Hebei Province, HCIC mainly engages in the investment and development business in relation to energy, transportation, urban infrastructure. The installed gross capacity of power generation facilities of HCIC is rated as 15.76 million KW, while the controllable installed capacity has reached up to 15.76 million KW, and thus has enabled HCIC to rank first in the southern power network in Hebei Province. In recent years, HCIC has also witnessed fast business development in the fields of wind-powered electricity generation, water business, railway, port, pipeline transport of natural gas and the other aspects.
Through such a win-win partnership, MCC Jingtang and HCIC will jointly fight against the market risks and strive for steady and sustainable business growth. Adhering to the principle of equality, friendship, cooperation and win-win and basing upon their respective advantages, both parties will seek for collaboration in various modes in the fields of new energy, pipeline works, power generation, refuse treatment and real estate development.
