Hangzhou CBD Investment Group

Hangzhou CBD Investment Group (hereafter referred to as CBDIG), a state-owned enterprise directly subordinated to Hangzhou Municipal Government and the main body of Hangzhou CBD construction and development, was established in July 2014. Taking the development of the new urban center on the northern bank of Qiantang River as the core business, CBDIG undertakes the construction and development of the section stretching from East New Town, No.4 Bridge to Hemu Port (close to Jiubao Bridge), which covers an area of about 26km2. Meanwhile, CBDIG expands the investment in industries related to urban construction, and collects and manages assets accumulated during the construction and development by integrating industry not only with city but with finance, leading to five main business blocks including first-class land development, projects investment and development, assets management, capital operation, as well as convention, exhibition and tourism.CBDIG not only administers 5 first-level subsidiaries comprised of Hangzhou CBD Construction Development Co., Ltd., Hangzhou Metro-East Construction Investment Co., Ltd., Hangzhou CBD Asset Management Investment CO.,Ltd., Hangzhou CBD Financial Investment Co., Ltd. and Hangzhou Convention Exhibition & Travel Co.,Ltd., but coordinates railway-related investment business of Hangzhou Railway Investment Group. By the end of 2016, CBDIG possesses 1,200 employees and a total asset of about 36,000,000,000 Yuan.