SCG and others establish a new company including building intelligent system design business

According to the Qichacha APP, recently, Shanghai Construction Group Second Construction Group ZhiYuan Construction Co., Ltd. was established, with Yu Bo as the legal representative and a registered capital of 42 million yuan. The business scope includes: construction engineering contracting; construction engineering design; intelligent building system design; cultural relic protection engineering contracting; specialized construction operations, etc. Qichacha's equity penetration shows that the company is jointly held by Shanghai Construction Group's wholly-owned subsidiary Shanghai Construction Group Second Construction Group Co., Ltd. and Shanghai Bund Investment Development Co., Ltd