Translator：Wang Yichun

On October 27, 2022, Landing Law Offices' Wang Ren, at the behest of Shanghai Civil Engineering Co., Ltd. of CREC (the Company), presented a comprehensive seminar titled "Criminal Compliance Risks and Responses in the Construction Sector."

Hosted in a blended manner, seamlessly integrating in-person interactions with online virtual meeting platform, the event garnered the attention of 315 dedicated attendees. This included the Company’s chief legal advisors, the full spectrum of the legal and compliance teams, and dedicated compliance officials from each project, spanning across the Company's 13 subsidiaries.

Shanghai Civil Engineering Co., Ltd. of CREC, a wholly-owned entity of the globally recognized China Railway Group Limited, proudly commands a registered capital of 2.3 billion yuan, total assets amounting to 25.1 billion yuan, and net assets valued at 4.35 billion yuan. With an annual production prowess of 50 billion yuan and credit facilities extending up to 30 billion yuan, the Company, through its 13 subsidiaries, has marked its presence across diverse sectors like high-speed railways, urban rail systems, highways, municipal utilities, environmental projects, construction, and so on. Their footprint is not just limited to 31 provinces and cities within China but extends to international terrains like Malaysia, Israel, and Hungary. Recognized as the 44th enterprise in Shanghai's elite top 100 list, the company was further honored in 2021 as a benchmark establishment under the State-owned Key Enterprise Management Benchmarking initiative by the State-owned Assets Supervision and Administration Commission of the State Council.

In the seminar, Mr. Wang provided insightful deliberations on "Criminal Compliance Risks and Responses in the Construction Sector." He methodically unfolded the complex layers of criminal compliance, touching upon its definition, types, significance, foundation, and procedural intricacies. By juxtaposing real-world examples from the construction industry, Wang dissected and discussed prominent cases as highlighted by the Supreme People's Procuratorate. He underscored the prevalent criminal pitfalls in the construction domain and furnished actionable compliance recommendations, which were met with appreciative feedback from the attendees.