Guiyang State-owned company highlights work resumption in Q1

Guiyang Urban Development & Investment Group made a good start on work resumption in the first quarter of this year despite epidemic prevention and control measures, under the guidance of the State-owned assets supervision and administration commission of Guiyang.

In the first quarter, the group achieved an operations revenue of 478 million yuan ($69.89 million), a year-on-year increase of 159.78 percent. The cumulative fixed-asset investment reached 1.61 billion yuan, an increase of 172 percent compared to the same period last year.

To strengthen safeguards, the group purchased gauze masks and ethyl alcohol and actively organized vehicles to transport migrant workers, which helped all construction managers be on duty in good time.

As a result, over 40 projects under the construction of Guiyang Urban Development & Investment Group had returned to work completely by the end of February. Business premises covering 150,000 square meters managed by the group had also restarted 100 percent of operations.

Meanwhile, asset management, middle and high-end sanitary ware sales and green muck projects proceeded in an orderly fashion. Industrial entities such as gas station construction, outdoor advertising management and high-standard farmland construction achieved substantial progress.

During the epidemic prevention and control period, the group insisted on daily sterilization, potential risk identification, and vehicle patrols to effectively promote the recovery of the consumer market.