Wuhan Hankou Airport Remove and Construction Development Co. Ltd. is a project corporation company approved by Wuhan municipal government. In August 1999, the municipal government delivered ¡°Official Confirmation of Wuhan Municipal Government regarding with founding Wuhan Hankou Airport Remove and Construction Development Co. Ltd.¡± (Wuhan Government [1999]NO.92) to Municipal Airport Remove Office., approving founding Wuhan Hankou Airport Remove and Construction Development Co. Ltd., which was responsible for Airforce Hankou Airport removal. In September 1999, Wuhan Hankou Airport Remove and Construction Development Co. Ltd. was officially regiestered in Municipal Industry and Business Bureau, withregistration fund one billion RMB, having national secondary real estate development qualification. The company¡¯s main responsibilities and managing tasks are general managing Wangjiadun Airport removal and Wangjiadun CBD construction. In May 2005, Municipal Committee Office and Municipal Government Office transmitted Municipal National Assets Office¡¯s ¡°Implementing Plan of restructuring Wuhan Hankou Airport Remove and Construction Development Co. Ltd.¡± (Wuhan Office Document [2005] No.23), altered the company into national sole proprietor company, authorized to manage, and registration fund was altered to 5 billion RMB, which was responsible for Hankou New Airport Construction and Wuhan Wangjiadun CBD development and construction, ensuring inflation proof and increment of national assets.
The company establishes seven totally, then comprehensive administrative office, finance administrative office, invest the administrative office, Construction Management Department and dismantle to move the administrative office, technocracy, laws to inspect an etc..Existing personnel's more than 60 personses of company, the above educational background of university has 77%, having the medium bove technique title of class to have 53%.The company lead 6 people, layer, having 5 people are Masters the graduate student educational background,4 people have the deluxe title.
The company owns four subordinate holding companies, i.e. Wangjiadun City Construction Development Co. Ltd., Wuhan Hanfei Economy Development Co. Ltd., Wuhan Hansheng Real Estate Co. Ltd., and Yangluo Shuixiang Management Co. Ltd., which are responsible for real estate development and construction. The current open sale projects are Lishui Garden, Urban Garden, Hanfei Qinnian City, Hanfei Bingjiang International city, Hanfei Elite Qinnian City and Guanshan Chunxiao, etc, total development area covered 456.3k square kilometers.
The company also held shares of Wuhan Wangjiadun CBD Construction Investment Stock Co. Ltd., which founded on 28th February 2002, and managing Wuhan CBD the first grade earth development, infrastructure investment, construction and development, and Wuhan CBD project investment, planning, development and management. Registration fund is 10 billion RMB, which Wuhan Hankou Airport Remove and Construction Development Co. Ltd. owns shares of 2 billion RMB.
The company has seven departments in total, i.e. Comprehensive Management Department, Finance Management Department, Investment Management Department, Project Management Department, Remove Management Department, Technique Management Department and Law and Bylaw Supervision Department. The company owns over 60 staff, graduated diploma and above is 77%, medium technique post and above is 53%. There are 6 members in highest management team, which 5 are postgraduate and 4 are senior technique post.
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