Metallurgical Corporation of China Limited (MCC) ,is a large state-owned construction conglomerate affiliated with China Minmetals. With a remarkable legacy spanning over 70 years, MCC’s roots trace back to 1948, during the restoration of Ansteel and Fushun Mining in Northeast China, where it established New China’s first metallurgical construction teams. Over the decades, MCC has built its R&D, surveying, design and construction teams through involvement in nearly all major steel projects in China, including WISCO, Baotou Steel, TISCO, Pangang, and Baosteel, positioning itself as a key pioneer and driving force in China’s steel industry.
In 1982, with the approval of the State Council, Metallurgical Construction Corporation of China was formally established under the Ministry of Metallurgical Industry. In 1994, it was renamed Metallurgical Construction Group Corporation of China, incorporating major research, design, and surveying institutes as well as construction enterprises under the Ministry of Metallurgical Industry. After the Ministry of Metallurgical Industry was dissolved in 1998, the Company came under central government administration and later under the State-owned Assets Supervision and Administration Commission (SASAC). In May 2006, it was renamed China Metallurgical Group Corporation (MCC Group). In December 2008, MCC Group set up MCC, which was successfully listed on the Shanghai and Hong Kong stock exchanges in September 2009 (stock codes: 601618.SH and 01618.HK). A strategic merger with China Minmetals followed in December 2015.
In recent years, MCC has committed to its strategy of “One Goal, Two Bests, and Five Strengths”, aspiring to become a world-class enterprise with global competitiveness. It strives to position itself as the premier provider of comprehensive solutions for metallurgical construction and operations, and the most reliable general contractor for high-quality infrastructure projects at home and abroad, featuring the strongest value creativity, market competitiveness, innovation-driven growth, resource allocation, and cultural influence.
MCC boasts robust R&D capabilities. Recognized as a national innovation-driven enterprise, it has 28 national R&D platforms and holds over 53,000 active patents. Since 2009, MCC has received 88 China Patent Awards, including the China Patent Gold Award for three consecutive years (2015-2017). It also has won 58 National Science & Technology Awards, and published 77 international standards and 673 national standards. Supported by a team of over 60,000 engineers and technical staff, including 2 academicians of the Chinese Academy of Engineering, 13 national engineering survey and design masters, 5 experts under the National Hundred, Thousand and Ten Thousand Talent Project, 3 winners of the China Skills Award, 3 gold medalists of the WorldSkills Competition, 93 national technical experts, as well as 9 national skill master studios, MCC stands at the forefront of technological innovation in the construction industry.
MCC has a well-structured and diversified business portfolio. In recent years, leveraging over 70 years of accumulated technological and qualification advantages across the entire steel and metallurgical industry chain, MCC has accelerated its transformation and upgrading. It has consistently fortified and heightened its metallurgical business, optimized and enhanced its construction business, and expanded and improved its infrastructure services, amassing extensive experience in various sectors including housing construction, municipal infrastructure, rail transit, and urban renewal. MCC has progressively developed a diverse business structure featuring “One Core, Two Pillars and Five Specialties ”, with metallurgical construction as its “core”, building construction and municipal infrastructure as its “pillars”, and mineral resources, inspection and testing, metallurgical equipment manufacturing, new energy materials, and water and environmental protection as its “specialties”. MCC is recognized as one of the major resource-based enterprises in China, one of the largest steel structure producers in China, and is among the first 16 central state-owned enterprises (SOEs) with real estate development as its main business approved by the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council.
MCC holds a leading position in industry qualifications. It has obtained 5 integrated Class-A qualifications for engineering design and 49 special qualifications for general construction contracting. Among these, it owns 6 enterprises with special qualifications for general construction contracting in four sectors, 2 enterprises with special qualifications for general construction contracting in three sectors, and 4 enterprises with special qualifications for general construction contracting in two sectors, ranking among the top in the country.
MCC boasts an extensive market presence. It has established over 130 overseas branches in 50 countries and regions, with a significant presence along the Belt and Road Initiative, particularly in Southeast Asia, South Asia, the Middle East, and the Commonwealth of Independent States. The Company owns 7 overseas mines, 3 of which are currently operational. In China, its branches and projects span all 31 provinces, autonomous regions, and municipalities across the country.
Throughout its 70-plus years of development, MCC has developed an irreplaceable and fully integrated industry chain for metallurgical construction along with a unique set of core competitive advantages. It has earned a total of 149 China Construction Engineering Luban Prizes, 318 National Quality Engineering Awards, 32 Tien-yow Jeme Civil Engineering Prizes, and 1,205 Metallurgy Industry Quality Engineering Awards, including those awarded for participation in construction.
In response to the construction industry’s trends of “digitalized enterprise management, factory-like production of products, and industrialized workforce”, MCC is committed to high-quality development, implementing the “Five Core Essentials”, the “Five Action Plans”, and the “Innovative, Efficient, Digital, Safe and Brand China Minmetals” strategy, focusing on achieving the vision of “One Goal, Two Bests, and Five Strengths”. It strives to cultivate new growth areas, build new competitive advantages, and unleash new driving forces. By enhancing its core functions and strengthening its core competitiveness, the Group is continuously advancing its transformation and upgrading efforts, paving the way to become a world-class investment and construction group.(Data as of August 2024)
