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Founded in 2001 with the approval of Nanchong Municipal Administration for Industry and Commerce, Sichuan Haishan International Trade Co., Ltd. (Haishan for short) is a legal and independent business entity. According to market-based rules, the company has been making its own managerial decisions and assuming sole responsibility for its own profits or losses since its establishment. It mainly engages in foreign projects contracting, real estate development, international trade and others.
In 2008, Haishan incorporated a wholly owned subsidiary in Angola—CHINA HUASHI GROUP REPRESENTACAO EM ANGOLA LIMITADA (H&S for short). After finishing the incorporation process, Haishan got the Certificate of Enterprise’s Overseas Investment (Sichuan Haishan International Trade Co., Ltd. completely controls H&S) issued by Ministry of Commerce of the People’s Republic of China. H&S is mainly engaged in project contracting and has obtained the highest qualification of construction industry in Angola (Grade-8 certificate). At present, H&S has over 1,500 employees, nearly 1,000 among which are locals. Since its establishment, Haishan has been cooperating with Sichuan Huashi Group as the contractor of Camama public works and housing construction, Nova Vida public works and housing construction, Viana public works, Sambizanga public works and housing construction, Patriota public works and other projects. Over the past ten years, we have won a good reputation with strict management and quality service in local area. Up to now, contracts of completed projects and projects in process worth to over one billion dollars (joint contracts with Huashi worth400 million and Haishan’s independent contracts worth 600 million). The output value of completed projects, most of which are government projects concerned with Angolan people’s livelihood, has reached 700 million dollars. Angolan President José Eduardo dos Santos and senior officials have visited the company’s construction sites for many times, speaking highly of the schedule, quality and management of H&S projects.
In 2010, Haishan H&S set up and financed the HC Company as a controlling shareholder together with Angolan Police Social Security Fund to invest and develop the project of Sino-Angolan International Trade Logistics Park. 43.99 million dollars has been invested in Phase I of the park, which covers 160,000 square meters, including a 70,000-square meter business area of construction materials, hardware, household items, auto parts and other products.
On August 30, 2013, Haishan obtained the Certificate for Contracting Foreign Construction Projects. Meanwhile, the company filed it with the Economic and Commercial Counselor’s Office of Embassy of China in Angola. In 2014, Haishan was included on the list of Recommended Enterprises in the Country Market released by Ministry of Commerce of the People’s Republic of China, which meant a lot to Haishan’s development. In 2016, as the only private enterprise on the list of “37 Recommended Chinese Enterprises for Loan Projects in Angola”, Haishan took active part in the bidding of relevant projects. It is estimated that Haishan will undertake projects that worth 500 million dollars in 2016.
To achieve scientific and efficient management, Haishan adjusts its organizational structure and management system, trying to put local laws and regulations into the company’s management and operation. On the other hand, Haishan gives full play to its own advantages, taking active part in the bidding of new projects in architectural engineering. By actively integrating resources and developing new business areas, Haishan has made new progress in the fields of international trade, agricultural development and gardening. As for the development of commercial real estate, Haishan is designing and planning the Phase II and Phase III of the Sino-Angolan International Trade Logistics Park, whose planned area covers about two million square meters.
At present, based on construction, real estate development and trade, Haishan is gradually expanding to agriculture, gardening and other fields. On the basis of consolidating existing business, Haishan will keep close track of Angolan economic development strategies to find new growth factors for the company’s development in the new mode of Angolan economic development.
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