As a joint venture company invested by Outeck Group and PowerConstruction Group, jiangsu Power New Construction EngineeringCo., Ltd. was established in 2010 in order to respond to marketchanges. Power Construction Group Co., Ltd. is anindependently self-operating corporate enterprise separatelyestablished and restructured on the basis of industry chain ofJiangsu Guangyu Construction Group Co., Ltd. with top gradequalification for general construction contracting for the purposeof further developing export-oriented economy and expandingdomestic and foreign markets as required by the municipalgovernment.