GMC was established in 1950. During nearly 70 years of development, GMC has experienced a series of development stages including Guangzhou State-owned Construction Engineering Company, Guangzhou Municipal Construction Engineering Bureau and Guangzhou Municipal Construction Corporation, and it was transformed into a limited company in 1996; in 2008, it was reorganized and merged with Guangzhou Engineering Contractor Group Co., Ltd. and Guangzhou Municipal Group Co., Ltd. to establish the new Guangzhou Municipal Construction Group Co., Ltd.; in 2010, it incorporated China Guangzhou International Economic and Technical Cooperation Co., Ltd. as a whole; in 2019, it incorporated 40 landscaping enterprises under the Municipal Bureau of Forestry and Landscaping as a whole and reorganized the Guangzhou Design Institute.
GMC has a good advantage in qualifications, including special qualifications for general contracting of both housing construction and municipal engineering construction, 40 Class I qualifications for general contracting of construction, 106 Class I qualifications for professional contracting, and 20 Class A design qualifications; the business scope includes housing and municipal infrastructure construction, engineering survey and design, E&M installation, decoration, environmental protection engineering, landscaping engineering, engineering supervision, building materials trade, real estate development and management, engineering testing, new material research and development, human resources services and financial services, etc., covering almost all professional areas of the construction industry and its related supporting industrial chains.
GMC has strong technical advantages. At present, there are 33 high-tech enterprises, 2 research institutes, 7 Class A design institutes, 4 postdoctoral workstations, 1 national engineering sub-center, 15 provincial engineering centers and 11 provincial enterprise technology centers. GMC has won 7 national scientific and technological progress awards (including 6 second prizes and 1 third prize), 1 second prize of the national technological invention award and 445 provincial and ministerial scientific and technological progress awards. In recent years, it has successively undertaken a number of landmark projects such as Guangzhou Higher Education Mega Center, Baiyun International Convention Center, Pazhou Convention and Exhibition Center, CITIC Plaza, Canton Tower, Guangzhou International Finance Center (West Tower), Guangzhou Opera House, Municipal Traffic Project in the Core Area of Zhujiang New Town, and Haixinsha Square, the venue for the opening and closing ceremonies of the Guangzhou Asian Games, and won 39 Luban Prizes (the highest quality award in China's construction engineering field), 29 Tien-yow Jeme Civil Engineering Prizes, 47 National Municipal Golden Cup Demonstration Project Prizes, 49 National Quality Project Awards, and 38 National Excellent Landscape Engineering/Design Awards.
GMC has excellent talent advantages. At present, there are 256 enterprises with property rights registered in its system (including 22 enterprises with registered capital exceeding RMB 100 million), and about 20,000 employees, including more than 65% employees with bachelor degrees or above; there are 9,004 professionals, including 1,880 persons with senior professional titles, 18 experts enjoying the special allowance of the State Council and 1 national engineering design master; there are more than 3,000 constructors, including 1,795 first-class constructors.
GMC has profound cultural advantages. As the main force of Guangzhou's urban construction, it has undertaken the construction of most major infrastructures, livelihood projects and landmark projects in various periods in Guangzhou, with a cumulative completed area of more than 80 million square meters, being seven times the area of the old Guangzhou City. The hard struggle history of several generations of Guangzhou builders has resulted the enterprise spirit of "building thousands of buildings and creating beautiful scenery in the world" with dedication and hard work as the core, and the feelings for home and country of taking "building Guangzhou with a history of over 1,000 years and creating the Pearl of the South China" as its own responsibility. GMC was engaged in the rescues after the Wenchuan Earthquake and the Shenzhen "12.20 Landslide Accident", as well as the poverty alleviations in Kashgar, Xinjiang and Bijie, Guizhou, being known as the team "especially capable of fighting", demonstrating the sense of social responsibility of the state-owned enterprise and the spiritual realm of serving the country and the people. In particular, GMC invested RMB 2.5 billion in the Guangzhou State-owned Industry Xinjiang-aid Project - the Guangzhou New City, with an area of 650,000 square meters in Kashgar, Xinjiang, which is the largest trade and logistics industry platform in southern Xinjiang, bringing employment opportunities for more than 5,000 local people and playing a positive role in boosting poverty alleviation, economic development and improvement of people's livelihood, being known as "a banner of Guangdong Province aiding Xinjiang".
At present, GMC has entered a stage of rapid and high-quality development. In 2020, the company turnover will reach RMB 163.5 billion, up 42.7% year-on-year, rising by 265% from that at the beginning of the 13th Five-Year Plan period; the total profit will be RMB 1.614 billion (according to the assessment criterion of State-owned assets), up 28.5% year-on-year, growing by 251% compared with that at the beginning of the 13th Five-Year Plan period; the return on equity will be 12.8% (according to the assessment criterion of State-owned assets); and the new tasks organized will amount to RMB 182.748 billion, up 38.43% year-on-year, increasing by 265.5% from the figure at the beginning of the 13th Five-Year Plan period. The company is ranked 207th among the top 500 Chinese enterprises in 2020, 19th in the construction industry of China and 1st among the construction enterprises in Guangdong Province.
New planning leads new development. State-owned enterprises serve as the important material and political foundations of socialism with Chinese characteristics. General Secretary Xi Jinping emphasized at the national symposium on the reform of state-owned enterprises: "state-owned enterprises are an important force for strengthening the comprehensive strength of China and safeguarding the common interests of the people, and they must be confident in becoming stronger, better and bigger". GMC was firmly guided by the spirit of General Secretary Xi Jinping's important instructions, actively implemented the decision-making arrangements of the Guangzhou Municipal Party Committee and the Guangzhou Municipal Government on deepening the innovation and reform of state-owned enterprises, and employed the internationally renowned KPMG to prepare GMC's medium-and long-term (2018-2025) development strategy and plan:
By 2020, the operating revenue will reach RMB 100 billion, the total profits and taxes will reach RMB 2.7 billion, and GMC will rank 200th among the top 500 Chinese enterprises (this goal has been realized one year ahead of schedule);
By 2022, the operating revenue will reach RMB 200 billion, the total profits and taxes will reach RMB 6 billion, and GMC will be among the Fortune Global 500 enterprises;
By 2025, the operating revenue will reach RMB 300 billion and the total profits and taxes will reach RMB 10 billion, making GMC a world-class urban public service investment operator with global competitiveness.
Since the establishment of the enterprise
Class I EPC contracting qualification
Class I discipline-specific contracting qualification