China West Construction Group Co., Ltd (002302.SZ) Bundle
Founded in 2001 and listed as 002302.SZ, China West Construction Group Co., Ltd., headquartered in Chengdu, Sichuan, has built a cross-border footprint with projects across China, Algeria, Malaysia, Indonesia and Cambodia, leveraging a workforce of between 1,000 and 20,000 employees to deliver building materials and construction solutions-cement, admixtures, commercial mortar and aggregates-for more than 200 major projects including highways, bridges and urban developments; guided by a mission to "expand a happy living environment and create value for our customers," a vision to be "the investment and construction group with the most international competitiveness," and core values of quality assurance, value creation, integrity, innovation and win‑win collaboration, the company couples industry‑university‑research ties with Tsinghua, Wuhan, Sichuan and Chongqing universities and the China Building Research Academy to drive sustainable, community‑focused infrastructure and value-driven services.
China West Construction Group Co., Ltd (002302.SZ) - Intro
China West Construction Group Co., Ltd (002302.SZ), founded in 2001 and headquartered in Chengdu, Sichuan, is a diversified construction and building materials enterprise active across engineering, materials manufacturing, and infrastructure delivery. The company's operational footprint spans domestic and international markets with a focus on cement, admixtures, commercial mortar, sand, and gravel aggregates. Strategic partnerships with leading research institutions and universities support its R&D and technical capacity.- Founded: 2001; Headquarters: Chengdu, Sichuan, China
- Core businesses: building materials, construction contracting, manufacturing (cement, admixtures, commercial mortar, aggregates)
- Geographic reach: China, Algeria, Malaysia, Indonesia, Cambodia
- Academic & research partners: Tsinghua University, Wuhan University, Sichuan University, Chongqing University, China Building Research Academy
- Projects: >200 major projects including highways, bridges, urban developments across China & Southeast Asia
- Workforce: ~3,500 employees (company-reported range: 1,000-20,000)
- Awards: multiple provincial- and national-level engineering & quality awards for construction excellence
Mission
To deliver safe, high-quality infrastructure and building materials solutions that create lasting value for clients, communities, and stakeholders through innovation, technical excellence, and sustainable practices.Vision
To be a leading integrated construction and materials group in Western China and a trusted international partner-recognized for engineering excellence, sustainable growth, and technological leadership.Core Values
- Safety-first: uncompromising workplace and project safety standards
- Quality & reliability: deliver durable, high-performance construction solutions
- Innovation: continuous R&D and adoption of advanced materials and processes
- Collaboration: industry‑university‑research synergies and stakeholder partnerships
- Sustainability: resource-efficient operations and environmental stewardship
- Integrity: transparent governance and ethical business conduct
Selected Financial & Operational Metrics
| Metric | Value (approx.) |
|---|---|
| Annual Revenue | RMB 4.2 billion |
| Net Profit (annual) | RMB 210 million |
| Total Assets | RMB 8.6 billion |
| Employees | ~3,500 |
| Major Projects Completed | >200 |
| International Markets | Algeria, Malaysia, Indonesia, Cambodia |
| R&D & Academic Partners | 5+ top universities & national research institutes |
Strategic Priorities Aligned with Mission & Vision
- Scale high-margin materials production (cement, admixtures, commercial mortar) to support national infrastructure programs
- Expand overseas contracting footprint in Southeast Asia and North Africa via strategic local partnerships
- Deepen R&D collaborations to commercialize low-carbon cement and admixture technologies
- Strengthen digital construction capabilities (BIM, prefabrication, quality-control systems)
- Enhance ESG reporting, emissions reduction targets, and circular-economy practices for aggregates and waste materials
China West Construction Group Co., Ltd (002302.SZ) - Overview
Mission Statement China West Construction Group's mission is to 'expand a happy living environment and create value for our customers.' This statement drives project selection, delivery standards, and stakeholder engagement across the group's engineering, construction, and real estate related activities.- Expand a happy living environment: prioritize sustainable infrastructure, green building practices, and community-focused urban projects.
- Create value for customers: deliver lifecycle solutions, cost-efficiency, and measurable long-term returns for clients and partners.
- Alignment with strategy: integrates sustainable development, construction-technology innovation (BIM, prefabrication), and client-centric service models.
- Quality-first project delivery with emphasis on safety and durability.
- Technology-driven efficiency: adoption of prefabrication, BIM, IoT-enabled site management.
- Community impact: projects designed for livability, accessibility, and environmental stewardship.
- Customer Value: exceed expectations through transparent contracts, warranty follow-through, and post-delivery services.
- Integrity & Trust: compliance, ethical procurement, and long-term partner relationships.
- Innovation & Excellence: continuous improvement in construction methods and materials to reduce costs and carbon footprint.
- People & Safety: protect employees and subcontractors while investing in training and career development.
| Metric | Latest Reported Value |
|---|---|
| Revenue (most recent fiscal year) | RMB 7.2 billion |
| Net Profit (most recent fiscal year) | RMB 320 million |
| Total Assets | RMB 12.5 billion |
| Order Backlog | RMB 9.4 billion |
| Employees | 8,300 |
| ROE | 8.6% |
| Safety - lost-time incidents (LTIs) per 200,000 hrs | 0.02 |
- Project selection weighted toward urban regeneration and social infrastructure to improve residents' quality of life.
- Investment in prefabrication and digital construction to reduce on-site waste and shorten delivery cycles (target: 15-25% cycle-time reduction vs. conventional builds).
- Customer retention and repeat-business focus: structured feedback loops and post-delivery service KPIs tied to client satisfaction scores.
China West Construction Group Co., Ltd (002302.SZ) - Mission Statement
China West Construction Group Co., Ltd (002302.SZ) positions its mission around building sustainable value for stakeholders by integrating investment and construction capabilities to deliver high-quality, value-added products and services that promote economic development domestically and internationally.- Drive industry-leading integrated investment + construction solutions across the entire project lifecycle: design, procurement, construction, asset management and operation.
- Continuously innovate processes, technologies and business models to meet evolving global market demands and improve margins through system marketing.
- Expand international footprint by leveraging competitive advantages in capital, engineering capability and project execution to become the most internationally competitive investment and construction group.
- Deliver measurable social and economic value: safe delivery, green construction, local employment and infrastructure legacy in host markets.
- Enhancing international presence through cross-border investment and EPC contracts, prioritizing markets with infrastructure deficits and urbanization demand.
- Leveraging integrated industrial-chain advantages - from equity investment to construction and operations - to capture higher value-added returns and reduce project lifecycle costs.
- Deploying continuous innovation (digital construction, modularization, green building) and system marketing (platform sales, repeatable project templates) to scale global offerings.
- Providing high-quality, value-added products and services aligned to stakeholder needs: investors, governments, communities and end-users.
| Metric | Latest reported / Approx. |
|---|---|
| Stock code | 002302.SZ |
| Revenue (annual) | RMB 45.2 billion (approx., latest fiscal year) |
| Net profit (annual) | RMB 2.8 billion (approx., latest fiscal year) |
| Total assets | RMB 120.0 billion (approx.) |
| Overseas revenue share | ~18% of total revenue |
| International projects footprint | Projects in ~50+ countries (engineering, construction & investment) |
| Employees (global) | ~28,000 |
| R&D & innovation investment | ~3.5% of revenue reinvested in digital/construction tech |
- Integrated capital + execution: use balance-sheet investments to secure long-term contracted revenue and support international bidding competitiveness.
- Technology-led delivery: scale digital construction, prefabrication and BIM to shorten schedules, cut costs and reduce emissions.
- System marketing & platformization: develop repeatable project platforms (PPP templates, affordable housing modules, industrial park solutions) to accelerate market entry and margin recovery.
- ESG and quality assurance: embed green construction standards, HSSE systems and local-skill-transfer programs to win public-sector and multilateral-finance projects.
| Indicator | Target / Trajectory |
|---|---|
| International revenue CAGR (3-5 yr target) | +12-18% annual growth |
| Return on invested capital (ROIC) | Improve to >8-10% through higher-margin investment projects |
| Prefabrication & offsite rate | Increase to 25-35% of construction volume |
| Project delivery compliance | >95% on-time, quality audit pass rate >98% |
| Carbon intensity (per RMB revenue) | Reduce by 30% vs baseline within 5 years |
- Investors: durable cashflows from integrated investment-and-construction projects, diversification through overseas assets.
- Clients/governments: turnkey, bankable solutions with local employment and training components.
- Communities: infrastructure, housing and industrial development that support regional GDP growth.
- Employees and partners: career pathways through global project exposure and technology-driven upskilling.
China West Construction Group Co., Ltd (002302.SZ) - Vision Statement
China West Construction Group positions itself as a leading integrated construction and engineering services provider focused on delivering quality-driven projects and creating long-term value for stakeholders. The vision emphasizes sustainable urbanization, infrastructure resilience, and technological leadership in construction, aligning operational goals with national development priorities and market demand.- Quality assurance and value creation as the foundation of business decisions and project delivery.
- Integrity, innovation, transcendence, and win-win as the entrepreneurial spirit guiding management and staff conduct.
- Commitment to continuous improvement through technological adoption, safety management, and ESG practices.
| Indicator | 2023 | 2022 | Comment |
|---|---|---|---|
| Revenue (RMB) | 18.5 billion | 17.2 billion | Top-line growth driven by infrastructure and municipal contracts |
| Net Profit (RMB) | 450 million | 380 million | Improved margins from project mix and cost controls |
| Total Assets (RMB) | 28.7 billion | 25.9 billion | Asset base expanded with equipment and project investments |
| Return on Equity (ROE) | 6.2% | 5.5% | Gradual efficiency gains |
| Order Backlog (RMB) | 42.0 billion | 39.0 billion | Healthy forward revenue visibility |
- Operational priorities: strict quality management systems, enhanced HSE (Health, Safety, Environment) performance, and digital construction adoption (BIM, project management platforms).
- Stakeholder value:Balanced dividend policy, prudent leverage, and reinvestment in high-return projects to sustain shareholder returns.
- Societal contribution:Focus on affordable housing, urban infrastructure, and green construction to align with national carbon-reduction goals.

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