- Business
- Tianjin Hi-Tech Development Co., Ltd. (600082.SS) principally engages in the development and operation of industrial estate properties, high-tech industry investment, incubation services, and trading in North China. The company develops and manages science and technology parks including business process outsourcing (BPO) sites, hi-tech innovation bases such as Haitai Innovation Base and Haitai Chuang E Port, hi-tech green industrial bases, and software and service outsourcing industrial bases; it provides incubation services encompassing finance consulting, patent services, and entrepreneurship mentor training to entered enterprises; pursues equity investments in high-tech enterprises; and conducts wholesale trading of iron, steel, and other construction materials. Founded in 1992 and headquartered at No. 18 Haitai West Road, Huayuan Industrial Zone, Tianjin, China, it operates as a state-owned listed entity controlled by Tianjin Haitai Holding Group Co., Ltd., with around 61 employees primarily serving businesses, residents, governmental entities, and high-tech firms in the Tianjin Binhai High-tech Zone. Recent developments include the ongoing major asset reorganization announced in June 2025 to acquire a controlling stake in Zhixueyun (Beijing) Technology Co., Ltd. via cash transaction, with progress updates through November 2025 positioning it as a controlled subsidiary upon completion; the sale of its Haitai Chuang E Gang non-residential property for 439.7 million yuan; receipt of full land compensation totaling 85.13 million yuan for BPO base parcels B7-B9; and signing of major contracts alongside hosting of new tenants like National Modern Traditional Chinese Medicine Innovation Center and Tianjin Huibang Technology Co., Ltd. at its parks.