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2026 New Year's Address: With a Spirit of Progress, Uphold the Spirit of MCC, and Meet the Call of the Times
source:Party-Masses Work Department Author:Publicity Sector Release time:2026-01-01

As the first light of dawn in the New Year breaks the horizon and spreads over the land, it sweeps across the winding, dragon-like tracks of the National Sliding Center in China, brushes past the peaks of the Hoa Phat Rongjie Steel Base in Vietnam, shines into the rising forest of tower cranes in Xiong'an New Area, and gently falls on the weathered yet determined faces of every MCC person. At this moment, we stand at the temporal and spatial crossroads of the successful conclusion of the 14th Five-Year Plan and the strategic planning of the 15th Five-Year Plan, where history and the future converge in the same beam of light. 

  

The five years of the 14th Five-Year Plan represent a period of MCC's determined progress and transformative development, marked by the collective unity and hard work of all MCC people, leading to remarkable achievements. In the face of accelerated changes in a century-old global shift, profound adjustments in the global economy, and the construction industry's trends of 'Peaking, Internal Competition, and Differentiation,' under the strong leadership of the MINMETALS Party Leadership and the MCC Party Committee, all MCC people have taken the service of national strategy as their mission and high-quality development as the main thread. They have forged ahead under pressure, shown bold innovation, persevered in overcoming challenges, and maintained steady progress amid turbulent times, delivering a substantial and inspiring 'MCC Response' worthy of the era, paving a path for intrinsic high-quality development.  

  

MCC adheres to Party building as the guiding force, driving progress with a 'Red Engine'. Party building is the 'Foundation' and 'Soul' of the development of China's state-owned enterprises. MCC consistently prioritizes the Party's political development, continuously strengthening the implementation of General Secretary Xi Jinping's important instructions and directives, and solidly carrying out intra-Party learning and education to effectively transform the Party's innovative theories into strategic plans and concrete actions to promote corporation development. MCC deeply promotes the "Party Flag Flying High, Party Emblem Shining" and "Party Building+" initiatives, meticulously creating "Four First-Batches" of exemplary models, and continuously deepening the creation of "Five-type Project Party Branches," ensuring the bright red Party flag flies high on the front lines of production and operation. MCC adheres to the principle of the Party managing cadres, selecting and appointing outstanding leaders at all levels, promoting the spirit of model workers and craftsmen, and building a high-quality cadre and talent team that is loyal, clean, and responsible. MCC comprehensively advances strict Party governance, resolutely rectifys conduct, enforces discipline, and combats corruption, persistently implementing the spirit of the Central Committee's Eight-Point Regulation, and vigorously creating a clean and upright political environment to safeguard the high-quality development of the Corporation. During the 14th Five-Year Plan period, several collectives and individuals from MCC were honored with the National May 1st Labor Award and the National Worker Pioneer Title, among other accolades. Several sectorss were recognized as exemplary units and best case examples in Party building within the engineering construction industry. This surging red momentum is propelling MCC to forge ahead.  

  

MCC remains focused on its core business, optimizing its structure through 'Intensive Development'. The core responsibilities and main business are the foundation for the survival and development of state-owned enterprises in China. MCC anchors its efforts on the goal of 'One Leader, Two Bests, and Five Strengths', continually consolidating and optimizing the business system of 'One Core, Two Main Bodies, and Five Specialties'. The core business strengths are further solidified, the supporting power from the main businesses is increasingly prominent, and the specialized businesses are expanding dynamically, achieving a strategic focus on transformation and upgrading. MCC advances boldly with regional and specialization integration and routinely conducts the 'Reduction' of inefficient and ineffective institutions, concentrating key resources like personnel, finances, and materials in areas with the greatest comparative advantage and strategic value, thereby enhancing management efficiency. MCC is vigorously nurturing and expanding its three-tier enterprises, strengthening their roles in market marketing, project execution, resource allocation, business management, and talent development as five key platforms, aiming to expand enterprise scale and optimize operational efficiency. During the 14th Five-Year Plan period, MCC's core responsibilities and main business were more focused, resource allocation was more efficient, and core competitiveness has been greatly cultivated and effectively enhanced. The total value of new contracts signed, operating income, total profit, and net profit have all significantly increased compared to the 13th Five-Year Plan period, maintaining a steady yet progressive development trend.  

  

MCC adheres to meticulous management to consolidate its foundation with 'Quality Improvement and Development'. Management is the eternal theme in the development of Chinese state-owned enterprises. MCC is deeply implementing a three-year action plan to enhance basic management by leading the systematic reshaping of the basic management framework through 'System Construction + Element Optimization'. This strengthens the Corporation's 'Governance' and 'Control' capabilities, driving a comprehensive upgrade of 'Soft' resources in basic management. MCC has developed the 'Engineering Project Management Manual,' fully implementing the 'Big Business' management approach and thoroughly applying the Amoeba management philosophy, with a focus on improving collective procurement capabilities to ensure efficient connectivity and synergy across all aspects of production and operations. MCC is establishing a 'Headquarters-Led, Regionally Coordinated, and Professionally Linked' large-scale marketing framework, innovating the 'Five Linkages' marketing mechanism to focus on high-quality markets, clients, and projects, continually enhancing bidding capabilities and striving to create an integrated competitive advantage across the entire industry chain. During the 14th Five-Year Plan period, MCC has maintained an annual new contract value of one trillion yuan, successfully developing a series of iconic projects both domestically and internationally, such as the National Sliding Center for the Beijing Winter Olympics 'Snow Dragon,' Xiong'an International Trade Center, and Kuwait Health Insurance Hospital. The Corporation has received 117 national-level engineering quality awards, further solidifying its development foundation and continuously improving its development quality.   

  

MCC adheres to empowering through technology, stimulating momentum with 'Innovative Development'. Technological innovation is the primary driving force for the development of Chinese state-owned enterprises. In response to the contemporary challenge of cultivating and developing new productive forces, MCC consistently places technological innovation at the core of its overall development strategy. It vigorously promotes the empowerment of high-quality development through technological innovation, focusing on the 'Five Focus Areas'. MCC focuses on the construction of national-level R&D platforms, creating a multi-dimensional and multi-level technological innovation platform layout to provide a strong foundation and innovative drive for the overall enhancement of industrial competitiveness. MCC concentrates on enhancing platform R&D capabilities, continuously establishing and improving the technological innovation system, and fully promoting the leap in innovation capabilities. MCC focuses on tackling technical challenges, continuously increasing investment in technological R&D, and successfully overcoming multiple technical bottlenecks. MCC emphasizes the conversion and industrialization of achievements, steadily promoting the deep integration of technological and industrial innovation, accelerating the rapid development and value creation of the technological industry. MCC centers on building a talent team, strengthening talent incentive mechanisms and training systems, striving to be a leader in technological innovation. During the '14th Five-Year Plan' period, MCC received 3 National Science and Technology Awards, 104 Metallurgical Science and Technology Awards, and 13 Zhan Tianyou Awards. It also led the formulation of 6 international standards. The Corporation's innovation, competitiveness, influence, and risk resistance capabilities have been effectively enhanced and strengthened.  

  

MCC adheres to strategic guidance, exploring new avenues through 'Transformational Development'. Strategy determines direction, and direction determines the future. In response to industry cycle adjustments and changes in the market environment, MCC proactively seeks change and adaptation, vigorously promoting the optimization and upgrading of metallurgical construction and municipal housing construction businesses towards new strengths. This aims to facilitate the transformation of core operations towards high-end, intelligent, and green development. MCC pursues progress through innovation and accelerates incubation, focusing on the core driving force of technological innovation, systematically deploying strategies for emerging and future industries, and vigorously cultivating distinctive industries such as new energy materials and low-carbon environmental protection. This effort continuously opens up new areas and tracks for development, shaping new momentum and advantages. MCC actively integrates into the high-quality development of the Belt and Road Initiative, gathers advantageous resources to focus on developing key national markets, and continuously exports MCC technology, standards, and equipment, consistently consolidating and expanding the foundation of high-quality overseas markets. During the '14th Five-Year Plan' period, MCC boasts 14 nationally recognized 'Little Giant' companies specializing in specific and innovative domains, and 10 national champions in manufacturing, successfully creating a second growth curve. MCC has successively signed and efficiently executed a series of major internationally influential projects, such as the second phase of Hoa Phat Dung Quat Steel in Vietnam, the second and third phases of Eastern Steel in Malaysia, and the expansion of PT Dexin Steel in Indonesia. These accomplishments have accumulated significant strength for MCC to advance to higher levels and broader fields.  

  

Let the mountains and rivers bear witness, and the people's hearts serve as proof. This is a journey of focusing on core businesses, strengthening and optimizing them. It is a profound transformation driven by deepening reforms and invigorating vitality. It is a relentless pursuit of innovation and a technology race that leads the future. It is also a process of strengthening foundation, forging the soul, and honing party spirit through unity and effort. Moreover, it is an anthem of commitment to serving the greater good and contributing to society. The glorious achievements of the '14th Five-Year Plan' are etched with the efforts of all the cadres and workers of MCC, highlighting the core strength and sense of responsibility of the 'National Team in Metallurgical Construction'.  

  

The past is full of medals, and the future is like a galaxy. The '15th Five-Year Plan' period is a critical time for laying the foundation and making comprehensive efforts towards basically achieving socialist modernization. It is also a decisive period for MCC to overcome the transformation and upgrading threshold and realize its dream of becoming a world-class corporation. MCC will align its thinking and actions with the spirit of General Secretary Xi Jinping's important instructions on the work of central enterprises, thoroughly implement the MINMETALS strategic deployment, further clarify its direction and positioning, strengthen its confidence, and forge ahead to continuously enhance its core functions and competitiveness. MCC will adhere to the goal of "One Leader, Two Bests, and Five Strengths", firmly uphold its strategic positioning as "An International Leader in Metallurgical Construction and A Pioneer in National New Infrastructure Construction," continuously consolidate and optimize its "One Core, Two Main Bodies, and Five Specialties" business system, strengthen its core business of "Metallurgical Construction," optimize its main businesses of "Industrial Construction and Basic Construction," expand its distinctive businesses of "Engineering Services, New Materials, High-end Equipment, Energy and Environmental Protection, and Digital Applications", accelerate its overseas development, and resolutely polish the MCC brand. MCC will fully leverage the leading and supporting role of technological innovation, continuously strengthen the construction of its technology platform, constantly improve its core business technology breakthrough capabilities, accelerate the construction of a technology transfer system, further strengthen scientific and technological exchanges, and create new advantages for high-quality development with new productive forces. MCC will coordinate and promote the "Ten Major Projects" for further transformation and upgrading, fundamentally breaking down the institutional and mechanism barriers that restrict high-quality development, and comprehensively stimulating the Corporation's endogenous motivation, operational vitality and overall efficiency, so as to make new and greater contributions to MINMETALS's accelerated construction of a world-class metal and mineral enterprise group!  

  

MCC was born in the flames of war, grew through construction, strengthened through reform, and flourished with rejuvenation. MCC's name is forged alongside the steel backbone of the People's Republic of China. MCC's mission progresses hand in hand with Chinese-style modernization! MCC forges each heartbeat into the steel backbone of a rising great nation, transforming every piece of wisdom into the starlit wings for China's soaring ascent!  

  

MCC, this steel giant carrying glory and dreams, is forging ahead with an indomitable spirit and a sense of urgency, navigating waves towards an even more magnificent future!  

Stock information
  • MCC A股 [601618]
  • MCC H股 [01618]

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