October 20, 2017 1:56 PM ET

Construction and Engineering

Company Overview of SCIVIC Engineering Corporation

Company Overview

SCIVIC Engineering Corporation provides engineering design and consulting services for automobiles, motorcycles, engines, farm machinery, various machinery parts, engineering machinery, mining machinery, light machinery, civil construction, municipal engineering, food, tobacco, medicine electronics, wind power, and other industries. The company also offers general contracting, equipment manufacturing, and research and development services; machinery and plant construction services in project management and general contracting; equipment manufacturing and research and development casting production lines, industrial furnaces, welding production lines, coating production lines, and assembly pr...

13 Xi Yuan Road

Jianxi District

LuoYang,  471000

China

Founded in 1959

Phone:

86 37 9648 19476

Fax:

86 37 9649 13606

Key Executives for SCIVIC Engineering Corporation

President
Administrative Vice-President
Vice President
Vice President
Compensation as of Fiscal Year 2017.

SCIVIC Engineering Corporation Key Developments

Wuling Industrial Enters into Construction Agreement with SCIVIC Engineering for the Construction of the New Qingdao Factory Premises

On 13 June 2017, Wuling Industrial entered into the Construction Agreement with SCIVIC Engineering, pursuant to which, Wuling Industrial has appointed SCIVIC Engineering for the construction of the New Qingdao Factory Premises located in the production base of Wuling Industrial Shandong Branch situated in Qingdao, Shandong, the PRC at the Consideration of RMB 85,500,000 for the Qingdao Facilities Construction Project for expanding the production capacity of Wuling Industrial Shandong Branch in view of the potential production orders of automotive components for the passenger vehicles to be assigned by SGMW to Wuling Industrial Shandong Branch. Pursuant to the Construction Agreement, the construction period of the Qingdao Facilities Construction Project will be 180 days from the commencement date of Qingdao Facilities Construction Project. The total Consideration payable by Wuling Industrial under the Construction Agreement shall be RMB 85,500,000, which comprises of the design fee of RMB 1,880,000 and the fee of the construction, engineering and installation works of RMB 83,620,000. The Group's standard tender process has been applied to determine the contractor and the Consideration for the Construction Agreement, in which SCIVIC Engineering was concluded as the contractor based on the overall evaluation of the technical capability and market reputation of and the terms offered by the respective tendered vendors. Having considered the above, the Directors are of the view that the Consideration of the Construction Agreement is fair and reasonable and in the interests of the Company and the Shareholders as a whole.

First Tractor Company Limited Enters into First General Contracting Agreement with China Automotive and SCIVIC Engineering Corporation Co., Ltd

The board announced that on 31 March 2017, First Tractor Company Limited, China Automotive and SCIVIC Engineering Corporation Co. Ltd. entered into the First General Contracting Agreement for the purpose of the Construction Project at a total consideration of RMB 175,626,400. Pursuant to the First General Contracting Agreement, China Automotive and SCIVIC shall be responsible for construction of a digitalized smart driving cab factory and its supporting area, including engineering investigation, technological design, installation and debugging of non-standard and standard processing equipment (excluding painting line equipment), architectural engineering construction, training and warranty, etc.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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