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Cooperation Inspires Vitality, State-Owned and Private Enterprises Win Together — Chengtou Real Estate Strategically Holds Qianchuan Wooden Doors
With the completion of the final equity transfer, Hubei Qianchuan Doors and Windows Co., Ltd. (hereinafter referred to as "Qianchuan Wooden Doors") has become a holding enterprise of Chengdu Urban Investment Real Estate (Group) Co., Ltd., officially joining the Chengdu Urban Investment family!
The alliance between Chengdu Urban Investment Real Estate and Qianchuan Wooden Doors is a concrete practice of implementing the decisions and deployments of the Party Central Committee and the State Council on state-owned enterprise reform, and the "Three-Year Action Plan for State-Owned Enterprise Reform (2020-2022)". It is conducive to Chengdu Urban Investment Group becoming a market entity with core competitiveness, playing a greater role in innovation leadership, and leading in enhancing and strengthening the industrial chain. After the successful cooperation, Qianchuan Wooden Doors will become a state-controlled enterprise, with a larger development platform, broader development vision, and wider development prospects in the future. Both parties will achieve resource integration and complementary advantages under the new situation, fully embodying the reform concept of win-win cooperation through the integrated development of state-owned and other ownership economies, maximizing the vitality of market entities. With the support of state-owned assets, through capital empowerment, business empowerment, and management empowerment, a qualitative leap will be achieved in credit rating, market scale, contract performance capability, product competitiveness, and other aspects, strengthening and expanding the enterprise and laying a solid foundation for Qianchuan Wooden Doors to become an industry leader.
Chengdu Urban Construction Investment Management Group Co., Ltd. was established in June 2004 with the approval of the Chengdu Municipal Party Committee and Municipal Government as a wholly state-owned company. For more than ten years, Chengdu Urban Investment Group has focused on major government municipal projects and market-oriented urban comprehensive development project investment, construction, and operation, developing into a large-scale backbone state-owned enterprise with assets worth hundreds of billions in Chengdu. Currently, it owns 120 wholly-owned and holding enterprises, with nearly 7,000 employees on the job. By the end of 2021, the group's total assets exceeded 160 billion yuan, and operating income exceeded 23 billion yuan. Chengdu Urban Investment Real Estate (Group) Co., Ltd. is a large-scale professional real estate group wholly owned by the city under Chengdu Urban Investment Group, established through integration in November 2017 with a registered capital of 3 billion yuan. Its main businesses include real estate development and operation, land consolidation, supporting municipal infrastructure construction, investment management, property management, and engineering consulting. The group owns 21 wholly-owned subsidiaries and 11 holding (participating) companies, holds a first-class real estate development qualification, and follows a "one main, multiple diversified" development strategy, continuously deepening reform and innovation, focusing on real estate development while actively expanding tourism real estate, cultural and sports real estate, and health and wellness real estate to achieve diversified industrial layout and strive to build a more complete industrial system.
Qianchuan Wooden Doors has over 30 years of wooden product manufacturing history. The company covers an area of 450 acres, with a building area of 250,000 square meters and an annual production capacity of 1.8 million doors. Qianchuan Wooden Doors is committed to providing high-quality products and services to end customers, with main products including wooden doors, fire doors, wall panels, cabinets, and more. It currently ranks among the top three in comprehensive strength in the domestic industry, with a 12% first-choice rate in the commercial wooden door market. The company is a main contributor to the national standard "Wooden Doors and Windows" GB/T 29498-2013, has been rated as one of the "Top Ten Wooden Door Brands in China" for sixteen consecutive years, and has received titles such as "National Key Leading Forestry Enterprise," "National High-tech Enterprise," and "Hubei Province Specialized and New Little Giant Enterprise." To date, it has more than 300 exclusive stores nationwide and has established strategic partnerships with hundreds of well-known domestic real estate companies.
In the future, Qianchuan Wooden Doors will rely on the advantages of funding, technology, and management as a state-controlled enterprise to comprehensively enhance its core competitiveness. In engineering business, it will continue to deepen and refine its efforts, continuously optimize customer structure, and strive to increase market share; in retail business, it will actively seize opportunities in second-hand housing and old house renovation, penetrate the market to vigorously develop retail business, and rapidly improve the quality and quantity of exclusive store services; in products, the company will actively build a complete product system and promote multi-category business services such as fire doors, kitchen and wardrobe cabinets, and wall panels; in production, it will increase investment in research and development and technology, improve product technical content and production process levels to achieve quality and efficiency improvements; the company will also scientifically plan new production bases, orderly expand capacity, and build a digital and intelligent smart factory by introducing flexible production lines, automated equipment, and intelligent platforms.
As a state-controlled enterprise, Qianchuan Wooden Doors will leverage the political advantages of state-owned enterprises, promote the deep integration of party building work with production and operation, and lead the enterprise's high-quality development; it will improve and standardize enterprise management systems and models according to state-owned enterprise systems, implement more market-oriented differentiated control, promote the establishment of a flexible and efficient market-oriented operation mechanism, and enhance market competitiveness. With the goal of improving enterprise efficiency and enhancing competitiveness, Qianchuan Wooden Doors aims to become a steadily operating, high-quality state-controlled enterprise, welcoming the successful convening of the 20th National Congress of the Communist Party of China with achievements in reform and good business performance.
