CCCC(SH:601800) Sou Hu Cai Jing·2026-01-19 14:05Core Viewpoint - The restructuring and integration of China Communications Construction Group's Yangtze River Construction Development Group and West Investment Company is aimed at enhancing operational efficiency and aligning with the strategic directives of the parent group [2][5][10]. Group 1: Company Overview - China Communications Construction Group's Yangtze River Construction Development Group is registered in Chongqing, established in January 2020, with a registered capital of 2.667 billion yuan and 1,024 employees insured in 2024 [6]. - China Communications Construction Group's West Investment Company is registered in Chengdu, established in June 2022, with 60 employees insured in 2024 [6]. - Yangtze River Construction Development Group has 14 subsidiaries, 13 of which are located in Chongqing and 1 in Yunnan [6]. Group 2: Strategic Importance - The integration is primarily led by Yangtze River Construction Development Group, with West Investment Company playing a supportive role [6]. - The restructuring is part of a broader strategic task to align with the new positioning and mission assigned by the parent group, emphasizing high-quality development through strategic reorganization [5]. Group 3: Organizational Structure - Yangtze River Construction Development Group is the only secondary backbone subsidiary of China Communications Construction Group focused on water conservancy and hydropower, directly connected to the headquarters without management from the Southwest Regional Headquarters [7]. - The Southwest Regional Headquarters is located in Chengdu, with its head also serving as the chairman of West Investment Company [7]. Group 4: Future Implications - The completion of the integration is expected to lead to a series of organizational adjustments within China Communications Construction Group's structure in the Southwest region [10].