A licensing ceremony was hosted on June 20, 2017 by the China Overseas Agricultural Development Alliance (COADA) for its president unit CITIC Construction at the latter’s headquarters. Chen Xiaojia, COADA President and Chairman of CITIC Construction and Liu Hanwu, COADA Secretary-General and President of Beijing Debont Co., Ltd. attended the ceremony.
CITIC Construction joined the COADA in 2015 and was elected as the president unit of the alliance in 2016. Chen Xiaojia served as COADA President.
Highly affirming the roles and influence of the member units, Chen Xiaojia, in the event, expressed his hope that CITIC Construction could contribute more strength to the development and growth of the COADA in future.
The COADA is an association initiated by agricultural enterprises of China's full industry chain. The existing 39 member units’ business covers agricultural research, exploration, planning, design, production, construction, warehousing, logistics, finance and other full industry chains. The member units registered annual sales revenue of over 160 billion RMB, with a total of more than 500,000.employees, and more than 5 million mu cultivated land both at home and abroad.