I am still trying to find out why Weihua Group found these three giants and convince them to join the show. Indeed, India has huge demand for infrastructure, but we are just small company only with market cap A$32.42M.
I might just list out some figures and information for these three companies:
CCCC, is a subsiduary of China Communications Construction Group which initiated by
State-owned Assets Supervision and Administration Commission of the State Council (
SASAC). Here is a snap shot of its share price in HK market:
View attachment 220506
CCCC focus on four main businesses, Infrastructure design, Construction, dredging and Heavy machinery manufacturing. The link below is their business overview
http://en.ccccltd.cn/business/businessoverview/
(off take agreement for our steel? )
DHHI:
http://www.dhidcw.com/dhidcw/english/web/qyjj.html
Snapshot of share price:
View attachment 220512
MC is 27B RMB. DHHI is listed in Shenzhen share market.
MCC:
http://www.mcc.com.cn/mccen/about_mcc/about_mcc60/index.html
MCC is both listed in HK market and Shanghai Market
HK:
View attachment 220513
SH:
View attachment 220514
So MCC got me a bit excited as its project includes Chinese national stadium - Bird's nest(well pretty proud of it as a chinese).
here are some of its projects:
http://www.mcc.com.cn/mccen/diversification/348796/index.html
MCC not only provided the steel but also constructed more than half of Steel framed structure for Bird's nest.
After read through all of these information, I wonder Weihua and these 3 companies plus NSL want more than just a steel plant. That must be the reason why Weihua invited them to send delegation. Maybe now this is just a side project for those four Chinese companies, but with huge infrastructure demand and GoAP support, I believe there are more projects to come, steel plant is just a start.
(20min delay)