On July 7, 2022, Beijing Xuyao Construction Technology Company Limited ("Xuyao Construction Technology"), China Construction Industrial & Energy Engineering Group Co., Ltd. (CCIEE), and Beijing Zhaotai Group Co., Ltd. ("Zhaotai Group") held a ceremony in Beijing to sign an agreement for comprehensive strategic cooperation.
Representatives of the three parties signed the cooperation agreement
Ms. Quan Yue, General Manager of Xuyao Construction Technology, Mr. Gu Jianbing, Chairman of CCIEE North China Company, and Mr. Zhu Haoyu, President of Zhaotai Group attended the signing ceremony and delivered speeches. Xuyao Construction Technology has always responded to the country's general target of carbon peaking and carbon neutrality and strategic transformation for green development. Based on its rich experience in the development of first-class commercial real estate and operation service in core urban areas, it focuses on design consulting, operation and management, urban retrofitting, quality upgrade, and fund investment while pursuing technical innovation, seeking to reduce building energy consumption and carbon emissions and realize the smart update of the real estate and construction industry. It is committed to growing into a whole industry chain solution provider of low-carbon green building and intelligent operation and maintenance management and realizing the bright vision of "let technology empower buildings and let buildings embrace nature", noted Ms. Quan Yue.
CCIEE has followed closely national strategy and focused on high-end market. It boasts general contracting top-grade qualifications of petrochemical engineering, first-grade qualifications of general contracting of construction, electromechanical and municipal public works, first-grade qualifications of professional contracting of steel structure, fire-fighting facilities and building electromechanical installation works, A-class design qualification for chemical, petrochemical and pharmaceutical industry, A-class qualification for construction industry (construction engineering), B-class design qualification for municipality industry, A-class qualification for chemical, petrochemical, pharmaceutical and construction engineering consulting, noted Mr. Gu Jianbing. Its core businesses include: electrical and mechanical installation, petrochemical, construction engineering, municipal water and environmental protection, realizing integrated development of the whole industry chain in investment, R&D, design, construction, manufacturing, and operation.
Thanks to its strenuous efforts over the past 30 years since it was founded in 1992, Zhaotai Group has secured steady development and boasts core businesses in real estate development and operation. It has built an advanced, mature real estate development system covering early stage preparation, design and planning of real estate development, construction management, marketing planning and property management, with over three million square meters of projects under own operation and construction. The Group has entered the stage of strategic transition and built four centers based on original management structure: Innovative Digital Center, Innovative Investment Center, Technology R&D Center, and Asset Operation Center. Based on the four centers, it will rely on its conventional businesses to facilitate green refurbishing of buildings, urban upgrade, and better quality.
The three parties agree that the signing of the agreement for strategic cooperation bears great significance. Going forward, under the principle of "Benefiting from each side, supplementing each other's advantages, pursuing long-term cooperation and common development", the three parties will work to realize zero carbon, energy saving and efficiency improvement, intelligent operation and maintenance. They will build smart, low-carbon, and green signature buildings, implement the new development concept, fulfill their responsibilities of carbon reduction and green development, promote green and low-carbon operation, and co-build green, eco-friendly buildings.
