Ningbo Urban Construction Investment Holding Co.,Ltd, established under the authorization of Ningbo Municipal Government, is the wholly state-owned company responsible for the urban construction investment, capital-raising, and authorized management of the state assets. By means of merging, acquisition and investment, the company has been developing into the large-scale enterprise group with the fixed assets over 10 billion yuan since its establishment at the end of 1999, of which the operation and management scopes are covering urban infrastructure construction, regional development, energy, real estate, manufacturing, and commerce. The group owns the total 13 wholly-invested, share-controlling or share-joining enterprises, including Ningbo Xingguang Gas Company, Ningbo Urban Construction & Development Company, Ningbo City Square Development & Management Co., Ltd, Ningbo Real Estate Co.,Ltd, Ningbo Cicheng Ancient County Development & Construction Co.,Ltd, Ningbo Qianhu International Conference Center Development Co.,Ltd, Ningbo Fuda Co.,Ltd, Ningbo Haicheng Investment & Development Co., Ltd, Ningbo Jiwei Real Estate Co.,Ltd, and Ningbo Fenglin Green Energy Development Co.,Ltd.

State-owned assets management, actual project investment and management, real estate development etc. Principal responsibility: to fulfill investment function of the government; to manage and run the state-owned fixed assets; to keep the value of the state assets and ensure their appreciation; to raise the funds for the urban construction; and to develop and manage urban infrastructure.