Laos Sustainability Report

44 OUTLOOK Appendices About Us 45 With the proposal of the "Belt and Road" initiative, in the process of building a world first-class quality-benefit enterprise with international competitiveness, PowerChina will continue remaining the in-depth relationship of "jointly consulting, building together, and sharing" with countries along the routes in such fields as power, infrastructure, etc., hence transferring the capacity of Chinese engineering construction to the world. We will continue keeping on guaranteeing the engineering quality, attach great importance to the development of engineering technology, and promote advancement by innovation, constantly give impetus to the progress of power construction technology, and earnestly build more high quality engineering, hence enhancing the international competitiveness of our brand. We will continuously stick to the important objective of achieving corporate growth in harmony with boosting the development of local economy, operate business in conformity with law, adopt compliance management, and actively contribute to the economic development of Laos. We will continuously adhere to the principle of "green development, ecological development", improve and perfect the environmental protection management system, endeavor to reduce the impact of production and operation on environment, energetically promote the sustainable development of ecological environment in Laos. We will continuously persist in the basic concept of "human orientation". In the process of business operation, we will ensure safe production, and care for employees' life, hence realizing the employees' growing up with enterprise; and we will give assistance to constructing local infrastructure and building resettlement villages, and enthusiastically support social public welfare, striving to achieve harmonious development between enterprise and local community. In the future, PowerChina will continuously participate in the "Belt and Road" construction Sailing off with endeavors to go ahead, we will make even greater efforts in promoting the green, healthy and sustainable development of world power energy, and make concerted effort to realize PowerChina Dream and China Dream. Group Profile Approved by the State Council, Power Construction Corporation of China (hereinafter referred to as PowerChina) is a wholly state-owned company established at the end of 2011, incorporating 14 provincial (municipal and regional) enterprises engaged in power prospecting and designing, engineering and equipment manufacturing under Sinohydro Corporation, Sinohydro Engineering Consulting Group Corporation, State Grid Corporation and China Southern Power Grid Company Limited. PowerChina is a comprehensive construction group, integrating investment and financing, planning and design, engineering construction, equipment manufacturing and operations management in hydropower projects and infrastructure. Its mainline businesses cover construction projects (including prospecting, planning, designing and project contracting); development and operations of power, water conservancy (water engineering) and other resources; and development and operation of real estate, and manufacturing and leasing of relevant equipment. In addition, entrusted by state ministries and commissions, the Company undertakes the state planning and reviewing functions for such clean energy and new energy as hydropower, wind power and solar energy. The power construction (planning, design and construction) capability and performance of the Group ranks No.1 in the global industry. As a leading enterprise in serving the state "Belt and Road" strategy and a pioneer in the areas of global clean low-carbon energy, water resources and environment construction, PowerChina is a backbone of interconnecting global infrastructure, as well as an engineering construction, investment and development provider that offers the complete industry chain integration and overall solutions for customers at home and abroad. PowerChina has fully utilized its advantages of "core competences of hydropower and technical know-how along with an integrated industrial chain", and leveraged both international and domestic markets. With focus on the three core fields of energy & power, water resource & environment, and infrastructure, and by implementing the five development concepts of "innovation, coordination, green, open, and sharing", PowerChina strives to become worldwide first-class comprehensive construction investment quality-benefit group with international competitiveness in such fields as energy & power, water resource & environment, and infrastructure. Business Sectors and Distribution Specialized in developing overseas markets for decades, PowerChina has taken steps to form a diversified market structure of "grand civil engineering and grand construction" with focus on water conservancy and power construction and with comprehensive development in such fields as road & metro traffic, municipal engineering, house building, and water treatment. With focus on Asia and Africa, its overseas business also covers America, Oceania and Eastern Europe. As of June 30, 2017, PowerChina has 259 overseas offices in 104 countries, and has executed 2,281 contracts on prospecting & designing consultation, engineering contracting, equipment and trade supply in 115 countries. Power Construction Corporation of China Middle East and North Africa Southeast Africa Middle and West Africa The Asia-Pacific Eurasia America Laos Sustainability Report

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