- Business
- China Electronics Optics Valley Union Holding Company Limited engages primarily in industrial park operation services, industrial park development services, and industrial investment across Mainland China. The company, founded in 2004 and headquartered in Wuhan, Hubei Province, operates through its Industrial Park Operation Services segment, which offers design and construction services including P+OEPC integrated operation model and EPC solutions; property management services via Lidao Property covering intelligent communities and industrial parks with a managed area exceeding 32.9 million sq.m.; property leasing services through OVU Maker Star, a technology business incubator and co-working space operator with 400,000 sq.m. across 36 sites in 22 cities; energy services via CEC Energy Conservation providing low-carbon smart park solutions and integrated energy systems covering over 12.35 million sq.m.; group catering and hotel services through Quanpai Catering and Ziyuan Hotel; digital park services; incubator and office sharing; financial services in parks; and digital apartment services. Its Industrial Park Development Services segment focuses on the development, sales, and rental of industrial park space and self-owned properties, with a land bank of approximately 5.32 million sq.m. in cities including Wuhan, Qingdao, Shanghai, Chengdu, and Chongqing; while the Industrial Investment segment pursues equity investments in industrial theme parks and related businesses. Geographically, the company concentrates on key regions in Mainland China such as Hubei, Shandong, Sichuan, and Liaoning, targeting local governments, state-owned platforms, technology enterprises, and advanced manufacturing clients.
In the first half of 2025, the company deepened its business transformation under the "One Body Two Wings" strategy, achieving revenue of RMB1.47 billion with industrial park operation services comprising 70.6%, new contracts worth RMB1.54 billion including a RMB525 million OEPC project in Nanchang Xinjian District, and sales collections rising 34% to RMB2.32 billion; it advanced organizational reforms with a flatter management structure and a comprehensive operations talent pool, enhanced digital risk management via its platform, and reported profit before tax surging 104% to RMB72 million amid stable operations and synergy with parent China Electronics Corporation. Recent strategic actions include an ongoing share repurchase program authorized in June 2025 for up to 10% of issued shares, with multiple buybacks executed through September 2025 totaling millions of shares to optimize capital structure; property management expansions securing contracts for China Mobile branches, Three Gorges Shanghai Base, and Wuhan Metro projects worth RMB55 million; and new energy contracts like solar photovoltaic and heating projects aggregating RMB82 million, alongside sales contributions from subsidiaries in Chongqing Beibei, Tianjin, and Qingdao focusing on advanced manufacturing, digital economy, and innovation clusters. The company maintains approximately 8,500 employees and lists on the Hong Kong Stock Exchange under ticker 0798.HK, with operations supported by subsidiaries like Jitian Construction, Lidao Technology, and CEC Energy Conservation.