You're in charge of Xihong City, the number one city in the world?
58 The first Fortune 500 company in the world, Xihong Construction, caused a sensation throughout the country!

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Mid-April.

Xihong District.

Lu Zhe brought the deputy city lord, Ge Yong 'an, and the other government officials to the square of the Xihong Construction Company's headquarters to participate in a large-scale press conference.

The media reporters gathered together and came to film and report.

Xihong TV Station's outdoor reporter Wang Hui was reporting the news to the camera with a clear and fluent accent.

"Dear viewers, this is Xihong TV Station. We will now be broadcasting the press conference of Xihong Construction Company's ranking in the world's top 500.”

"Before the press conference begins, we would like to announce a piece of good news that is worth remembering. That is, Xi Hong Construction Company has become the first local Fortune 500 company in the history of Xi Hong City.”

"The top 500 local companies in the world might not be much to the big cities in the country, but to Xihong City, this is the first time a young lady has stepped onto a sedan chair!”

"Since last year, Xihong City officially established Xihong Capital Construction, a state-owned enterprise. In just a year, Xihong Capital Construction has become the hottest company in the domestic construction industry, and its name has shocked the entire country.”

"The Xihong International Airport, Xihong Port, Xihong Rail Transportation, Xihong Maglev Express Line, and Hongguang High-Speed Rail that the residents of the city are familiar with are all built by Xihong Capital Construction Company.”

"From October last year to the end of January this year, Xihong Construction Company has completed hundreds of construction projects in the province, such as Xiacheng subway line 3, Fucheng subway line 6, Fucheng New City, and so on.”

“……”

Wang Hui introduced.

The residents in front of their televisions all had a deeper understanding of Xihong Construction.

On the square.

The press conference officially began.

The general manager of Xihong Construction Company, Zhang Mingliang, walked up to the stage.

He looked around at everyone and reported," To all the city leaders and media reporters, I will first report to you the company's annual report for last year.

In 2015, Xihong Capital Construction completed the Hongguang High-Speed Rail with a total investment of 160 billion yuan, 108.8 billion yuan for urban rail transit, 72 billion yuan for a world-class port, and 80 billion yuan for an international airport.

The total contract value of the four projects was 420.8 billion yuan, and the operating income of the enterprise was 223 billion yuan.

After October of last year, Xihong Construction took over the 29.7 billion yuan Xiacheng subway line 3, the 31.8 billion yuan new city base construction project, and the 24.8 billion yuan Quancheng transportation project...

The total amount of contracts for many projects was 452 billion yuan. Two-thirds of the progress was completed last year, and the company's operating income was 143.7 billion yuan.

After the summary was done.

Xihong Capital's 2015 revenue was 366.7 billion yuan, and its net profit was 44 billion yuan!”

As soon as he finished speaking.

The applause was thunderous.

Ordinary construction companies only had a net profit margin of about 10%.

Xia country's infrastructure giants only had a net profit margin of about 3.5%.

But Xihong Capital Construction had a 12% profit margin!

Such a high-profit city-owned enterprise was undoubtedly a hen that would lay golden eggs, benefiting the entire Xihong City.

After all, city-owned enterprises would hand over 15% of their net profits every year as the financial income of the city.

……

"The top 500 companies in the world are ranked based on their turnover.

Xihong Capital's turnover was 366.7 billion yuan, equivalent to 56.677 billion US dollars, ranking 176th among the top 500 companies in the world.

In the first year of Xihong Construction's establishment, it had entered the list of the world's top 500 companies, creating a new history for a city-owned enterprise in China!”

Hearing this.

Everyone applauded.

As the first local Fortune 500 company in Xihong City.

Xihong Capital Construction was destined to be engraved in the genes of Xihong City!

Next.

Under the watchful eyes of the audience, Zhang Mingliang handed over a huge check with 6.6 billion yuan printed on it to Li Man, the director of Xi Hong Financial Organization.

The reporters pressed the shutter frantically to record the scene in front of them.

6.6 billion yuan was 15% of Xihong's net profit last year.

Although this amount of funds was not much.

However, it could also help Xihong City's already tight finances recover a bit.

……

After the ritual was completed.

Zhang Mingliang continued," Since 2016, Xihong Capital Construction Company has completed hundreds of construction projects in Fujian Province. They have also successfully completed their acceptance checks.

In addition, Xihong Capital Construction had just bid for 10 super projects.

First, the company would build the Fuxia High-Speed Rail with a total investment of 53 billion yuan. The project was 312 kilometers long and connected many cities in Fujian Province, such as Fucheng, Xiacheng, Zhangcheng, Xihong, and so on. It would build a one-hour-pass urban circle in Fujian Province.

Second, the company would build the Pinglu Canal in western Guangdong with a total investment of 72 billion yuan. The project would be 140 kilometers long and would expand the hinterland of Nanling water transport, increase the value of the Beibu Gulf deepwater port, and make western Guangdong a coastal province in the true sense.

Third, the company would build the Shanghai-Zhouyong Cross-Sea Passage with a total investment of 100 billion yuan. The project was 65 kilometers long and connected Shanghai, Zhoushan, and Ningbo. It could shorten the four-to-five-hour drive between the two places to more than two hours.

Fourth, the company was to build the Fosui-Guancheng intercity subway with a total investment of 120 billion yuan. The project was 126 kilometers long and connected the central Urban area of Focheng, Yangcheng, and Guancheng. It was also connected to the intercity routes of the Shencheng metropolis circle and became the horizontal axis of the Bay Area.

Fifth, the company would build the Grand Canal of Guangdong and Jiangxi with a total investment of 150 billion yuan. The project was 1300 kilometers long, connecting the Yangtze River in the north and the Pearl River in the south. It would cross Poyang Lake and the main stream of the Gan River, and cross Jiangxi and East Guangdong provinces. It was comparable to the Beijing-Hangzhou Grand Canal.

Sixth, the company was to undertake the Qiongzhou Strait Cross-sea Passage Project with a total investment of 150 billion yuan. The project connected Leicheng Peninsula and Hainan Island, the Beibu Gulf in the west, and the northern part of the South China Sea in the east. It was a cross-sea passage that could be used for both roads and rails.

Seventh, the company would build the Bohai Strait Cross-sea Passage with a total investment of 260 billion. This project would use a combination of cross-sea bridges, undersea tunnels, and bridges to build a direct and fast passage across the Bohai Strait to dredge the traffic between the north and south of Xia country.

Eighth, the company built the Ya 'an-Nyingchi section of the Sichuan-Tibet railway with a total investment of 319.8 billion yuan. The project was 1011 kilometers long and connected the Lalin and Chengya sections of the Sichuan-Tibet railway, creating a major artery from the roof of the world to the mainland.

Ninth, the company would build a 1.4 trillion yuan Medog water power station. The scale of the project was equivalent to 28 Sanxia dams. After completion, it was estimated that it would provide 200 billion kilovolts of energy to China, accounting for one-third of the country's total energy reserves.

Tenth, the company would undertake the Hongqi River Water Diversion Project with a total investment of 4 trillion yuan. The project would be able to divert water resources from the southwest to the dry northwest, including one main stream and three tributaries. The annual water diversion could reach 60 billion cubic meters.

All of the above projects were completed within three months!”

……

As soon as he finished speaking.

The entire place was in an uproar.

At first, they didn't think much of it when they heard about the 53 billion yuan investment in the Fuxia high-speed rail and the 72 billion yuan investment in the Pinglu Canal in western Guangdong.

After all, the construction of the Hongguang high-speed railway cost 160 billion yuan!

A 100 billion project was not very rare.

But later.

When President Zhang said that he wanted to bid for the 1.4 trillion Medog Power Station and the 4 trillion Hongqi River Water Diversion Project, they were all shocked.

Ten super projects.

The total investment exceeded 6.6 trillion yuan!

What kind of concept was this?

One had to know that the annual contract amount of China's Iron Construction Corporation was only about 2.8 trillion to 3 trillion.

In other words.

The contract amount of Xihong Construction was already twice that of China's railway construction!

Wasn't this too exaggerated?

A city-owned state-owned enterprise was actually more powerful than a public enterprise?

Furthermore, these super projects that would take five to six years, seven to eight years, could be completed in three months by Xihong Construction?

After the ten super projects were completed.

Wouldn't Xihong Construction become one of the top 500 in the world? Or even the top 500 companies in the world?

……

After a moment of excitement.

City Lord Lu Zhe walked up the high platform.

" Everyone," he said in a clear voice," Xihong Capital Construction Co., Ltd. is the first Fortune 500 company in Xihong City's history.

We believe that this is only the first shop in Xihong City, and definitely not the last.

Xihong Capital Construction was building ten super projects, and profits were only one aspect.

The most important thing was that it saved precious development time for Xia country's infrastructure.”

Hearing this.

The crowd burst into applause again.

Xihong Construction Co., Ltd. was the best construction company they had ever seen in their lives.

Such an enterprise was not only the fortune of Xihong City, but also the fortune of Xia Country!

……

After the press conference ended.

Xihong Construction instantly became a hot topic on the internet.

Countless netizens discussed.

"What the f * ck? Xihong Capital Construction became a god in one battle!"

"Ten super projects that benefit the country and the people. Our country is about to take off!”

"Xi Hong's infrastructure is unparalleled in the world. In three months, we will be able to witness the completion of the super project!”

"Parting Plains is great! Who would have thought that the world's number one infrastructure giant was actually a city-owned enterprise in Xihong City!”

"Last year, Xi Hong Construction Group rose to prominence, and the Internet called it the sixth giant of China's infrastructure. Now, I announce that Xi Hong Construction Group has become the number one giant of China's infrastructure!”

"Based on the 6.6 trillion contract value of the ten super projects in Xihong Construction, Xihong Construction's turnover next year should be able to surpass Walmart and become the number one company in the world's top 500!”

"Xihong Construction is too awesome! I heard that City Lord Lu Zhe was the one who advocated for the establishment of Xi Hong Capital. City Lord Lu has great insight, I really admire him!”

"I'm willing to worship City Lord Lu Zhe as the world's strongest talent and single-handedly build the world's number one enterprise in the future!”

This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]

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