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Shanxi Installation Group Co., Ltd (China)

Main Activities: Engineering Services
Full name: Shanxi Installation Group Co., Ltd Profile Updated: November 18, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company was incorporated in the People's Republic of China on November 20, 1989 as an exempted company.On November 22, 2023 company listing at Hong Kong stock exchange.
The company is a China-based company principally engaged in the provision of engineering services. The Company conducts its operations through four segments. The Professional Industrial Engineering segment is engaged in providing design consulting, construction contracting and other services for professional projects such as power engineering projects, petrochemical engineering projects, water conservancy and hydropower engineering projects. The Professional Supporting Engineering segment is engaged in providing design consultation, construction and operation and maintenance services for road and bridge engineering and urban supporting heating engineering projects. The Other Engineering segment provides construction services such as residential buildings, office buildings, commercial buildings and science, education, cultural and health buildings. The Non-Engineering Business segment is engaged in the provision of urban heating technical services.
History
Year Milestones/Events
1989 – The company formally registered as a whole people-owned enterprise.
1992 – Named as “Top 500 Construction Enterprises and Top 500 Best EconomicEfficiency Construction Enterprises” by the Development Research Centreof State Council, China Enterprises Evaluation Centre and Fixed Assets Statistic Section of National Bureau of Statistics
1995 – The company Received first Luban Prize Note through our participation in the construction of terminal building of Taiyuan Wusu International Airport.
2002 – Obtained the first-class specialized contractor qualifications in electromechanical equipment installation engineering, fire-fighting facilities installation engineering, smelting electromechanical equipment
installation engineering, petrochemical equipment pipeline equipment installation engineering, furnace engineering.
2003 – The company construction method, namely “Prebaked Anode Electrolyzers Construction Method” was recognized as “National Level Construction Method” by the Ministry of Construction of the PRC.
2004 – Named as “Nationwide Users Satisfaction Construction Enterprise” by the Engineering Construction User Working Committee of the China Association of Construction Enterprise Management
2012 – Converted from a wholly people-owned enterprise to a limited liabilities company.
2014 – Named as “China Top 100 Growing Construction Enterprise” by China Construction Industry Association
2015 – Completion of Technology and Development Center, a comprehensive building of total floor area of 40,299.02 square meter with integrated scientific research, design, testing, testing and technical exchange functions. The project also earned us another Luban Award in 2017 as the main contractor;
– Named as “High-tech Enterprise” by Shanxi Science and Technology Bureau, Shanxi Finance Bureau and Shanxi Provincial Tax Service, State Taxation Administration and Local Taxation Bureau of Shanxi Province.
2016 – Became one of the nine companies in the PRC to obtain the Premium Grade Qualifications for General Contracting for Petrochemical Engineering Construction;
–Completed the construction of “Taigu Heat Supply Resource Project ” which is capable to supply heat covering 76 million square meter and was the largest single heating source project in Asia at the time
of its completion.
2017 – Obtained the Premium Grade Qualifications for General Contracting for Municipal Public Engineering Construction and the Grade A Qualifications for Municipal Engineering Industry Design, and became the first company in the PRC to have the Premium Grade Qualifications for General Contracting of both Petrochemical Engineering Construction and Municipal Public Engineering Construction, and the Grade A
Qualifications for Chemical, Petrochemical and Pharmaceutical Industry Design and Municipal Engineering Industry Design;
– Obtained from MOFCOM the Qualification of Foreign Aid Complete Project General Contracting Enterprise.
2018 – Shan'an Bluesky was listed on the NEEQ.
2019 – Awarded with two large-scale wind turbine projects in Vietnam, which was our largest overseas project at the time.
2020 – Awarded as the National Quality Benchmark Construction Enterprise for our implementation of iPS high quality development model based on TQM, being the only construction company received such award in 2020.
2021 – Converted from a limited liabilities company to a joint stock company;
– Received the 19th China Quality Award from China Association for Quality.
2022 – Awarded the 19th Tien-yow Jeme Civil Engineering Prize for Gujiao Xingneng Power Plant to Taiyuan Heat Supply Main Line and Relay Energy Station Engineering in the “Taigu Heat Supply Resource Project ”.
– Received the ARE-QP Award.

Headquarters
No. 8 Xinhua Road, Tanghuai Industrial Park, Shanxi Transformation And Comprehensive, Reform Demonstration Zone
Taiyuan; Shanxi;

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Website: http://www.sxaz.com.cn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 20, 1989
Key Executives
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Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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98%
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2%
Subsidiaries
Shanxi Shan'An Maode Distributed Energy Technology Company Limited
100%
Shanxi Zhuo'An Materials Trading Company Limited
100%
Shanxi Shan'An Bluesky Energy Conservation Technology Co., Ltd.
56.77%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-13.19%
Total operating revenue
-13.11%
Operating profit (EBIT)
-6.25%
EBITDA
-1.4%
Net Profit (Loss) for the Period
2.56%
Total assets
9.68%
Total equity
39.99%
Operating Profit Margin (ROS)
0.4%
Net Profit Margin
0.28%
Return on Equity (ROE)
-2.4%
Debt to Equity Ratio
-44.42%
Quick Ratio
-0%
Cash Ratio
0.04%

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