Shanghai Yuanfang Foundation Engineering Co., Ltd.

　　Shanghai Yuanfang Foundation Engineering Co., Ltd. (hereinafter referred to as Shanghai Yuanfang) was established in 1994 with a registered capital of 100 million yuan. It is a high-tech enterprise in Shanghai and a wholly-owned subsidiary of the listed company China Chemical Geotechnical Group (stock code 002542), which is affiliated with Chengdu Xingcheng Investment Group.

　　Shanghai Yuanfang holds a Grade I qualification for professional contracting of foundation and ground engineering. It mainly engages in deep foundation pit support, primarily using diaphragm walls, and ground improvement projects, involving fields such as building construction, rail transit, ports and wharves, tunnel engineering, water conservancy and hydropower. The company's domestic business is mainly distributed in the Yangtze River Delta, Pearl River Delta, Beijing-Tianjin-Hebei, Central China, Bohai Rim, and regions such as Nanning and Kunming. Overseas business is mainly distributed in Egypt, Doha, Angola, Iran, Mozambique, Saudi Arabia, Southeast Asia, Hong Kong and Macao, etc.

　　After two decades of vigorous development, the company has accumulated rich experience in diaphragm wall construction and management, and possesses multiple invention patents.

　　As a leading private enterprise in domestic foundation engineering construction, it has participated in the construction of many high-profile, landmark, and technologically advanced major projects, such as the Shanghai Yangtze River Water Diversion Project, Shanghai World Financial Center, Nanjing Weisan Road River Crossing Tunnel, Wuhan Greenland Center, Tianjin Gaoyin 117 Building, Shenzhen Merchants Plaza, Suzhou Center, and the Zanhe Open-pit Mine Curtain Water Cutoff Comprehensive Technology Research and Demonstration Project, as well as multiple urban subway station enclosure projects.

　　Shanghai Yuanfang has a total of more than 500 management personnel and skilled workers, including more than 20 Ph.D. and master's degree holders, over 200 technical personnel of various senior and intermediate levels, more than 100 project managers and middle-level managers, and over 200 intermediate and senior technicians. Most members of the management team have been engaged in the industry for more than 15 years, possessing strong practical experience and relatively rich theoretical knowledge.

　　The company has advanced mechanical equipment and a complete professional configuration. The original value of mechanical equipment assets is nearly 500 million yuan, including 10 double-wheel trench cutters, 4 Komatsu shield machines from Japan, 30 hydraulic grabs for diaphragm walls, 10 rotary drilling rigs, and other engineering drilling rigs and multiple ground improvement related equipment. Shanghai Yuanfang has successively passed the certifications of quality, environmental, and occupational health and safety management systems. From 2011 to 2016, it was annually rated as a "Shanghai Construction Industry Integrity Enterprise" by the Shanghai Construction Industry Association. In 2017-2018, it was rated as one of the top 10 Chinese foundation construction enterprises (non-state-owned), and was recognized as a Shanghai Enterprise Technology Center and a Shanghai Advanced Enterprise Workers' Home. It has successively received numerous honors such as the First Prize of Shanghai Science and Technology Progress Award, "Best Collaborative Team" from China Hydropower, "Best Performance Award" and "Excellent Subcontractor" from CCCC Fourth Harbor Engineering Co., Ltd., "Top Ten Professional Subcontractors" from China Construction Third Engineering Bureau, "Advanced Unit for Honoring Contracts and Valuing Reputation" from CCCC Second Harbor Engineering Co., Ltd., "Excellent Construction Unit" from China Railway 16th Bureau, "Excellent Collaborative Team" from China Railway 2nd Bureau, "First-Class Collaborative Team" from Hubei Road and Bridge, "Winning Collaborative Team" from China Railway Tunnel, and "Excellent Partner" from Evergrande Group, among others.