November 2012 Volume 1, Issue 11

Inside this issue: Dialogue Held between CDB and CCA Baha Mar ELV Contract Awarded to CSCECEE Baha Mar Exterior Mock-ups Approved by Owner ……

Dialogue Held between CDB and CCA

On November 21, 2012, President Ning Yuan received a delegation led by Mr. Fan Haibin, General Manager of the Project Appraisal Administration Department of China Development Bank (CDB) at CCA HQ in Jersey City, New Jersey. Other attendees included Mr. Yan Wei, Deputy General Manager of CSCEC Overseas Operations, and CCA Vice Presidents Mike Mei and David Wang.

Mr. Fan and President Yuan exchanged opinions on the US business environment and discussed potential opportunities the two organizations can explore in the US market. President Yuan pointed out that opportunities and risks coexist in the US market and that CCA has got a keen eye for projects with good potential through years of in-the-field training. Both of them hoped that substantial cooperation between the two parties can start soon.

Mr. Fan and his delegation visited the Baha Mar project in Nassau on the following day. CCA Executive Vice President Tiger Wu and Vice President Jack Yang welcomed their arrival. After

listening to EVP Wu’s briefing on the project’s history and recent development, Mr. Fan spoke high of the project’s economic value and positive social impact, hoping that more Chinese companies will have the courage and vision to develop overseas projects.

Baha Mar ELV Contract Awarded to CSCECEE

On November 7, 2012, the Signing Ceremony of the Baha Mar ELV (Extra-Low-Voltage) Contract was held at the Sheraton Nassau Hotel in Nassau, The Bahamas. CCA Executive Vice President Tiger Wu signed the contract with Mr. Yanfeng Liu, General Manager of CSCEC Electronic Engineering Co. (CSCECEE), which marked another success of CCA bringing CSCEC resources overseas. CCA Vice President Jack Yang, CSCECEE Deputy General Manager Miao Liu, and other project executives and representatives attended the ceremony.

In his remarks, EVP Wu extended his appreciation to the entire CSCECEE team, which was regarded as an outstanding international and professional team, for their hard work and substantial support to the Baha Mar project. Wu said he looks forward to this team making the most out of their MEP expertise and strong cohesive culture to accomplish the project with pragmatism. General Manager Liu addressed the ceremony, saying the CSCECEE team will continue demonstrating their determination and confidence in performing the ELV job with great quality.

Honored as “CSCEC’s Model Project for Internationalization and Specialization with Cooperative Operations among CSCEC Companies”, the Baha Mar project created many CSCEC overseas records, marking a significant milestone of the group’s overseas expansion. Cooperating with CSCECEE, CCA’s project team has successfully built up the self-performing model for the MEP job, which is CSCEC’s largest MEP job to date.

Baha Mar Exterior Mock-ups Approved by Owner

On November 28, 2012, accompanied by CCA Executive Vice President Tiger Wu, Sarkis Izmirlian, Chairman and CEO of Baha Mar, Ltd., the owner of the Baha Mar project, and his Executive Vice President Thomas Dunlap and Principal Architect Michael Hong visited the construction site of the Baha Mar project to conduct a second review of the exterior mock-ups of the Casino Tower and the Hyatt main building.

The exterior mock-ups, upon awarding of the contract, primarily include exterior sliding doors, aluminum alloy railings, and outside thermal insulation of exterior walls. After the owner’s first review, the CCA Baha Mar team actively coordinated among the owner, the designer and the supplier to make necessary adjustments on colors and patterns. Under a tight schedule, the team successfully came out with a new set of mock-ups that met all of the owner’s requests. To assist with the owner’s review on the new set of mock-ups, the project team arranged a crane operator to hang the mock-ups 10-meter up from the ground to emulate the height and angle.

Sarkis and the rest expressed satisfaction with the quality construction work and overall effect of the mock-ups, extending great confidence in CCA and the project team.

The approval of the mock-ups, a new milestone for the Baha Mar project, set a solid foundation for the kick-off of the exterior decoration work. The construction is expected to start in February 2013 and end in June 2014. The project team has started the next stage of design maturity while working on materials procurement.

3rd Quarter Safety Meeting Held at Baha Mar

On November 18, 2012, Baha Mar project held the 3rd Quarter Safety Meeting to honor employees who exceled in safety management especially during Hurricane Sandy. CCA Vice Presidents Jack Yang and Daniel Liu, CCA Bahamas Vice Presidents Jun Miao, Jun Li and Changzhen Wan attended the meeting. Other participants included the project’s Department Managers, Area Managers, Superintendents, Subcontractor Project Managers, and Safety Managers.

Mr. Yang along with project executives presented award certificates and prizes to outstanding

safety management teams. Area Four was honored with the Excellent Safety Management Team Award and Chongqing Jin Bei Construction Company the Excellent Safety Supporting Team Award.

In his address, Mr. Yang encouraged each employee to make good use of the opportunities offered by the project to absorb the essence of international construction theories. He also urged all managers at the meeting to break through the common bottleneck of overseas projects in human capital acquisition, labor service export, material supplies, business partnership, and risk management, and to be innovative in their own areas of specialties. “We must shoulder the responsibility to lay a solid foundation for CCA’s safe and sustainable development,” pointed out by Mr. Yang, “and strengthen the Baha Mar project’s talent pool to serve CSCEC’s expansion strategy in the globe.”

2012 Graduates Outreach Event Held at CCA HQ

On November 21, 2012, CCA hosted an outreach event for students from Columbia University and Manhattan College at the corporate office in Jersey City, New Jersey. CCA Vice President Peter Wu, CCA Civil Vice Presidents Gaby Antoun and Art Blattner, and representatives from Human Resources, Estimating and Belt Parkway Project attended the event. It was the first of its kind in the company’s history that potential employee candidates were invited to meet with executives and current employees and learn about the company by being personally present at its main office.

Peter Wu started the event with an overview of CSCEC, CCA and CCA Civil, followed by Gaby Antoun’s presentation about CCA Civil and its jobs in detail. A brief introduction to the company’s benefits plan was also arranged by Human Resources, after which the floor was open to participants for questions and networking. The event was well received among participants as many of them thought it was very useful.

This event was an effective follow-up to CCA’s participating in these two universities’ job fairs earlier. It offered prospective employees a chance to have a closer look at the company which in turn had an opportunity to perform preliminary candidate screening and build the CCA brand.

(Jack Yang and Jun Miao awarded the certificate to Area Four )

(Daniel Liu and Jun Li awarded the certificate to representatives from Chongqing Jin Bei Construction Company )

CCASC Hosted 2012 Thanksgiving Luncheon

On November 21st, 2012, CCA South Carolina hosted the 2012 Thanksgiving luncheon for all staff and laborers, a traditional annual companywide gathering.

Thanks to the pleasant South Carolina weather, the employees were able to mingle in the sunshine of a deep autumn while enjoying delicious Thanksgiving courses. Many employees, putting on their chef hats, brought homemade treats, which included Laura Meetze’s assorted desserts and Adam Whitley’s macaroni and cheese. The loudest applauds went to Chris Kirk’s on-site smoked turkeys with rice and green beans.

The cookout, like the company, warm, cheerful and sincere, turned out to be very successful with everyone’s help and participation.

SIE Project Held the First Partnership Meeting with NYSDOT

On November 28, 2012, CCA Civil and the New York State Department of Transportation (NYSDOT) held the first partnership meeting for the Staten Island Expressway HOV Lane Rehabilitation project at the Staten House in Staten Island. The purpose of the partnership meeting was to further the collaboration among all parties of the project, including the NYSDOT, CCA Civil, the Designer, and the Consultant Group. Peter Wu, CCA Vice President, Gaby Antoun, CCA Civil Vice President of Operations, Art Blattner, CCA Civil Vice President and Chief Estimator, Kaizan Huang, CCA Civil Chief Engineer, Joseph Catapano, SIE Project Manager, and other CCA Civil key personnel on the SIE project attended the meeting. Attendees from the NYSDOT included Bruce Ogurek, Acting Director of Construction, George Hanna, Construction Supervisor, and John Reis, SIE Engineer-in-Charge.

It was revealed by the pre-meeting survey that the communication between CCA Civil and the NYSDOT is beyond expectations. To further enhance the communication, an open discussion was arranged at the meeting to identify any current or future problems and risks that need to be mitigated. Small groups, made up of people from both CCA Civil and the NYSDOT at executive, project management,

and field levels, were formed to brainstorm and collaboratively create action plans to improve the current work procedures and solve any pending issues.

The partnership meeting effectively helped CCA Civil and the NYSDOT to see things from each other’s perspective and to deepen mutual trust and mutual understanding.

CSDGC Visited CCA Headquarters

On November 28, 2012, a delegation from China Sate Decoration Group Co. Ltd. (CSDGC), led by its Chairman Tian Houchun, visited CCA HQ in Jersey City, New Jersey, where they had a meeting with President Ning Yuan and Vice Presidents Jack Yang and David Wang. That was CSDGC’s very first visit to CCA’s corporate office in America even though the two sides have had a long-term cooperative relationship.

President Yuan and Mr. Tian reviewed the two companies’ cooperation featured by the representative Baha Mar project. Mr. Tian expressed his appreciation for CCA’s business, pointing out that under President Yuan’s strong leadership CCA is now on the fast track of growth driven by unstoppable momentum. President Yuan said CCA was grateful for CSDGC’s devotion to the Baha Mar project and looked forward to expanding the cooperation into the real estate development field in the near future. Both of them agreed to increase communication so that the two companies can better understand each other to unleash cooperation potential thus contributing to CSCEC’s overall development strategy for the overseas market.

President Yuan Congratulated ICBC on its Successful Takeover

On November 29, 2012, President Ning Yuan attended the name-change ceremony of the Industrial and Commercial Bank of China (ICBC), which announced that the bank has officially changed its U.S. subsidiary’s name from the Bank of East Asia USA to ICBC USA after the takeover was approved by the Federal Reserve in May this year. Other attendees included Mr. Zhu Min, Deputy Managing Director of the International Monetary Fund, Mr. He Ning, Minister of the Chinese Embassy to the U.S., and Mr. Dong Xiaojun, Deputy Consul General of the Chinese Consulate General in New York.

President Yuan extended his congratulations to Mr. Hongli Zhang, Vice President of ICBC and Mr. Bi Mingqiang, General Manager of the ICBC New York Branch. The takeover makes ICBC the second out of China’s Big Four Banks that is licensed to do retailing banking in the United

States.

Personnel Changes

New HiresCCA: Xianye Fan

CCA SC: Adam Whitley, Andre’D. MajorCCA Bahamas: Jen Chang Ng, Jing Sun, Guang Chen, Lin Zhang, Chao Zhang, Qing Cao, Shicheng Li, Jianqiang Chen, Chenglong Zhang

TerminationCCA: Frank Yu, Selena HsuCCA Civil: Xiomara BongiornoCCA SC: Lee Fischer