The company was founded on July 11, 1949, and has gone through 15 transformations including Zhejiang Construction Company, Zhejiang Construction and Engineering Bureau, Zhejiang Construction Industry Department, Zhejiang Provincial Infrastructure Administration, Zhejiang Construction Engineering Corporation, etc., and has developed into a modern construction service industry chain enterprise group integrating investment, design, construction, operation and maintenance. It is a state-owned enterprise in Zhejiang Province that is listed as a whole. It is mainly engaged in the construction business and five major sectors of engineering design consulting, industrial investment business, industrial manufacturing business and construction professional services related to the construction industry chain. It was continuously selected by ENR among the 250 largest international contractors in the world, the top 10 Chinese contractors, the top 500 Chinese enterprises, and the top 100 enterprises in Zhejiang Province. It has won honorary titles such as “National Civilized Unit”, “National May 1st Labor Award” and “Zhejiang Top Ten International Investment Enterprises”. It has been praised by all levels of government and all sectors of society as “Zhejiang Railway Construction Army”, “National Outstanding Construction Enterprise”, and “Zhejiang Top Ten Outstanding Contributing Enterprises to New Urbanization”.