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Pacific Construction Signs Cooperation Agreement with Tianjin Jingbin Industrial Park
  On March 18, Yan Jiehe, Chairman of the board of directors, visited Wuqing District of Tianjin City and attended the signing ceremony of strategic cooperation agreement between Pacific Construction and Tianjin Jingbin Industrial Park. Yan Jiehe and Liu Donghai, Deputy Director of Wuqing District, witnessed the signing of the agreement. Yan Baoche, Director of Zhuanyan Think Tank and Vice Chairman of the board of directors, signed the agreement with Wang Jibin, General Manager of Jingbin Industrial Park. The two parties have reached a preliminary cooperation intention that Pacific Construction will help build the "No.1 Park in Jingnang" and settle the northern regional headquarters of the Group in the Park, mainly covering the Beijing-Tianjin-Hebei Urban Agglomeration.
  At the forum after signing the agreement, Yan Jiehe said that some state-owned enterprises under the central government often subcontract or transfer the project they get, while some enterprises even cannot get a project, which creates a lot of social contradictions and puts the local government in a very passive position. Our enterprise is an enterprise without any other help, but our principle of complying with disciplines and work standard of "zero subcontracting, zero affiliation and zero transfer" make us competitive in the international market. Our competitiveness comes from the implementation of FEPCO construction and maintenance integration mode, which includes life cycle contract, construction cycle contract, quality contract and total price contract, with fast speed, good quality, low cost, few contradictions and high efficiency. For government project, we will make up for the remaining money gap that the government cannot provide with low interest rate, which is more favorable than state-owned enterprises.
  Liu Donghai said that he agreed with Yan's opinion that many central and state-owned enterprises who often sub-contract the project to others may shirk responsibility and shift the blame onto the local government when there is a trouble. The private economy has strong innovation ability and is also the main body of the market which can share responsibility with and make contributions to the country. In the early 1990s, Wuqing District learned the reform from Jiangsu, and later the structural transformation of township enterprises. Pacific Construction from Jiangsu has a high efficiency, flexible mechanism and rich culture. We extremely welcome Pacific Construction to participate in the development and construction of Wuqing and the reform of state-owned enterprises, education and health care in Wuqing, so that Wuqing can rely on Pacific Construction to go global.
  Yan Jiehe expressed that the relationship between Pacific Construction and local governments are clean. Over the years, Pacific Construction has always been the champion for its clean work, fast speed, good quality and few contradictions. Where we invest, the leaders in that place will be promoted. We should be thankful for this era, because the times make heroes. Without Deng Xiaoping's market economy and Xi Jinping's rule of law, we would not have achievements like today. We will settle the regional headquarters of Beijing-Tianjin-Hebei Urban Agglomeration in Dawangguzhuang town of Wuqing District, and strive to build the "No.1 Park in Jingnang". We hope to develop education, medical treatment, health insurance and other industries in Jingbin Industrial Park and Wuqing District in the future. We are full of confidence in contributing to the GDP and tax revenue of Wuqing and helping the development of Wuqing with our wisdom, conscience and fund.
Liu Donghai stressed that Wuqing is located at the intersection of Beijing, Tianjin and Hebei, with obvious geographical advantages. It actively integrates and accelerates its development in the coordinated development of Beijing, Tianjin and Hebei, fully undertakes Beijing's non capital functions, and actively builds "five innovation platforms". In the future, Beijing-Tianjin Industrial Town will be built in Wuqing, and there will be a lot of investment in urban construction, including infrastructure construction such as municipal roads. Pacific Construction Group is an enterprise with rich resources and strong strength, and it is a great honor for us to cooperate this time. Wuqing will continue to do a good job in service, and strive to achieve mutual benefit and win-win results based on the concept of "serving others is developing self".
  Xu Mingjuan, President of Zhuangyan Construction Group, Li Rui, Vice Chairman of the board of directors of Canal Construction Group of Zhuangyan Construction, Ju Xinling, Regional President of Zhuangyan Construction Group, Du Xuemin, Director of Cooperation and Exchange Office of Wuqing District, Shi Yanbing, Director of Planning and Resources Branch, and Dong Wei, Party Secretary of Dawangguzhuang Town, attended the signing ceremony.
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