Hubei Shuizong Water Resources and Hydropower Construction Co., Ltd. is established by reorganization of the three companies including the former Hubei Water Conservancy and Hydropower Construction Corporation in December 2003 after the approval by the People’s Government of Hubei Province.
In November 2014, after China Environment Publishing Group, a company directly affiliated to the Ministry of Ecology and Environment of China, acquired shares of Hubei Shuizong Water Resources and Hydropower Construction Co., Ltd., it became an enterprise with the mixed ownership controlled by the central enterprise (state-owned capital) and employee stockholding. Under the guidance of the spirits of the 19th National Congress of CPC, supported by the advantageous of Central Holding Group, it goes on the fast track of development in a new posture.
The registered capital of the company is RMB 300 million. It owns 13 branches, more than 1,100 employees and 6 subsidiaries. The company employs 290 technicians and management staff with senior and intermediate titles, including 11 holding senior professional titles and 80 holding senior titles, 63 Class 1 Certified Constructors, over 236 Class 2 Certified Constructors, 50 cost engineers, and 587 young employees. The company owns more than 200 sets of large and medium-size advanced construction machineries of various types. The annual construction capacity of the company can reach RMB 3 billion.
The company has the level 1 qualification of general contractor of water resources and hydropower projects, level 2 qualification of general contractor of municipal public projects, level 2 qualification of general contractor of house building projects, level 2 qualification of specialized contractor of waterway projects, level 3 qualification of general contractor of electromechanical projects, level 3 qualification of specialized contractor of environmental projects, level 3 qualification of specialized contractor of building electromechanical installation projects, and qualification of specialized contractor of special projects without division of levels (limited to lifting of special equipment). It also has the qualification certificate of contractor for international projects and the advantages of overseas project contracting and economic and technical cooperation. The technical center of the company has been recognized as the “Provincial Technology Center of Hubei Province”. It has accumulated considerable practical experience and good achievements in the field of hydraulic and hydropower project construction.
Hubei Shuizong has been the backbone for the hydraulic construction of Hubei Province for many years. It has constructed more than 500 large and medium reservoirs, power stations, sluices and spillways, over 200 river dredging and reclamation projects and more than 300 other hydraulic, industrial and civilian construction, municipal projects and electromechanical projects. 60 projects have won the high quality engineering awards at the national, ministerial and provincial levels, thus building up a reputable brand image.
The company has obtained the certifications of IS009001 quality management system, ISO14001 environmental management system and OHSAS18001 occupational health and safety management system and has won the honors of “National Excellent Water Conservancy Enterprise”, “National Enterprise with Excellent Credit Standing” and “Civilized Organization of Hubei Province”. The company is also a model enterprise in Hubei Province for civilization and integrity, “AAA” credit rating enterprise of water conservancy and hydropower project construction, supply and machinery manufacturing and the level one enterprise of hydraulic engineering safety and standardization.
Ever since its founding, adhering to the business objectives of “rooting in the province, radiating over the country and going to the global market”, relied on its powerful technological strength, the company has achieved outstanding social benefits and significant economic benefits. Its constructed projects have won national, ministerial and provincial awards for many times, such as “National Science Conference Award”, “Luban Prize for Construction Project of China”, “China Excellent Quality Engineering Project in Water Conservancy (Dayu Award)” and “Excellent Quality Engineering Project in Water Conservancy of Hubei Province (Jianghan Cup)”.
Based in the domestic market, the company also responds positively to the One Belt and One Road Initiative of China by continuously expanding to the international market. It has constructed a large number of overseas projects and earned good reputation in the countries and regions where the project was constructed. The Iraq Thebes Dam won the honor of “Excellent Project”. In 2015, the company began to construct the Timbaban Hydropower Plant with the total contract price of RMB 187 million. This is the first EPC hydropower plant project constructed by Chinese enterprise in Philippines, thus being a landmark event that was a key step towards the broad international stage.
We will further advocate the corporate spirits of “solidarity, exploration, integrity and innovation” and adhere to the business philosophy of “best projects, best quality, best management and best services”. The company wishes to go hand in hand with insightful people from all walks of life and both at home and abroad to make advance and build a promising future!