Business Overview Hebei Construction Group Co., Ltd. is a Chinese non-state-owned construction group that mainly provides integrated solutions for engineering contracting of housing construction and infrastructure construction projects. According to data, based on 2016 earnings, it is the largest African state-owned construction contracting company in the Beijing-Tianjin-Hebei region and the second-largest African state-owned construction contracting company in China. The Group's construction contracting services cover residential, public, industrial and commercial buildings, municipal and transportation infrastructure, as well as professional building construction, such as electromechanical installation and steel structures. Construction projects are usually awarded through a tender process or after a contract is negotiated with the customer. Although housing construction is the Group's core business, it continues to improve service associations and establish infrastructure construction with a higher profit ratio than housing construction as an area of strategic growth. Competitive dominant groups have been widely recognized by the industry in terms of building quality, safety, and innovation, and the national policy group that has benefited from Beijing-Tianjin-Hebei cooperative development and the construction of the Hebei Xiong'an New Area has created a replicable management model. The business network radiates risk factors across China. Group business is limited by the future macroeconomic situation in China. In particular, economic groups in the Beijing-Tianjin-Hebei region are also subject to inherent business risks and occupational hazards, which can cause group production costs to be expensive and lead to loss of reputation PPP items generally require large amounts of cash expenditure and contracts for the use of income payments with a longer payback period 40% is used to undertake construction projects whose construction has not yet been completed. Approximately 40% is used to fund equity investment commitments under existing and future PPP projects. Approximately 10% is used to reimburse bank loans about 10% for general operating funds