MCC Conducts Reverse Roadshow 2013
OREANDA-NEWS. November 28, 2013. To further enhance the communication with the capital market, display the strength and development potentials in line with the prospect of “Focusing upon core businesses for a promising future of MCC”, MCC organized and convened the Reverse Roadshow 2013.
This theme of this roadshow was focusing on core businesses and transformation of non-steel market. During the event, on-site inspection was organized on representative projects such as the engineering works and real estate projects contracted by Shanghai Baoye Construction Group (SBC-MCC Group) and China 20MCC Construction Group (20MCC Group) in Shenzhen and Zhuhai.
The participants of the roadshow included investors and analysts from quite a few domestic and foreign institutions such as Investment Division of China Overseas Engineering Group (COVEC), Huabao Investment, Boldwin Fund Management, Haitong Securities, Guosen Securities, Sealand Securities.
Vice Director Zhang Yin of MCC’s BOD Office hosted a launching meeting of the reverse roadshow on November 13. He expressed gratitude to the concern and support extended by the investors and analysts during the past time, and made a briefing on the operational performance of MCC in this year, the basic information of the subsidiaries subject to investigation and the detailed arrangement on the activities of the roadshow.
Afterwards the roadshow team members respectively conducted investigation on the jobsites of Shenzhen Bay Technology and Ecology City and Zhuhai Shizijie CBD Project contracted by SBC-MCC Group, as well as Zhuhai Hengqin Headquarters Tower and Zhuhai Hengqin Municipality Works contracted by 20MCC Group. The relevant leaders made detailed introduction to the investors and analysts on the background, operational modes, implementation progress and management measures of these projects. In addition, they held discussion and exchanged views on issues of interest of investors and analysts, for instance, competitive edges of the enterprises, exploration of regional markets, as well as development momentum of the construction and real estate industries.
After the reverse roadshow, the investors and analysts spoke highly of the on-site investigation. Through these activities, they have truly seen the achievements made by MCC on exploration of non-steel market, the technical strength and development potentials in the field of construction works. The investors and analysts gave full recognition on the effective measures taken by MCC for industrial transformation and upgrading, deepening of internal reform and market exploration.
They also expected MCC to provide more opportunities for communication with the capital market, so as to strengthen the investors’ conviction on the future growth of MCC.
This reverse roadshow was organized and participated by Vice Director Zhang Yin of MCC’s BOD Office and Vice Director Qiu Ziyu for Corporate Governance & Investor Relations of MCC.
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