- Business
- ChengDu Hi-Tech Development Co., Ltd. (000628.SZ) operates as a diversified enterprise primarily engaged in real estate development, industrial investment, and high-tech incubation within the Chengdu Hi-Tech Industrial Development Zone in China. The company develops and sells residential, commercial, and office properties; provides industrial park management and investment services; and incubates technology startups through its venture capital and innovation platforms. Its core offerings include real estate projects such as urban complexes and affordable housing developments; industrial services encompassing leasing, property management, and infrastructure support; and high-tech services like technology transfer, R&D support, and equity investments in sectors including electronics, biotechnology, and new materials.
Founded in 1993 and headquartered in Chengdu, Sichuan Province, China, the company focuses on the domestic market with primary operations in western China, particularly serving government-backed development zones, corporate tenants, and tech entrepreneurs. It manages key subsidiaries involved in real estate operations and investment funds, positioning itself as a key player in regional economic development and innovation ecosystems.
In recent developments, ChengDu Hi-Tech Development expanded its real estate portfolio through new project launches in the Chengdu Hi-Tech Zone amid China's urban renewal initiatives as of 2024-2025. The company formed strategic partnerships with local government entities for industrial park upgrades and secured funding for green technology incubation programs. Additionally, it pursued acquisitions of adjacent land parcels to support business expansion in sustainable development projects.