Hubei Science and Technology Investment Group

Hubei Science and Technology Investment Group Co., Ltd. was established in July 2005. In order to undertake the RMB 10 billion policy loan from China Development Bank for "Promoting the Rise of Central China", and in accordance with the requirements of the Hubei Provincial Government, Wuhan Municipal Government and China Development Bank, it was established with capital contribution from the East Lake High-tech Zone Management Committee, and undertakes the five major functions of the East Lake High-tech Zone: "major infrastructure construction, industrial park construction, key industry investment, science and technology financial services, and state-owned asset operation".
In 2018, in order to cooperate with the high-tech zone's "dual self-linked" construction and the blueprint of co-building the "Five Valleys", Hubei Science and Technology Investment continuously enhanced its financing channels and financing methods under the new economic situation. With the landing of major industrial projects and the industrialization of major scientific and technological achievements as the starting point, and with the supporting of urban functions in the parks as the guarantee, it gradually realized the organic linkage of the entire business chain of "investment and financing + investment promotion cooperation + park construction and operation + industrial chain services + living support".
Up to now, Hubei Science and Technology Investment has a registered capital of RMB 40 billion, consolidated total assets of approximately RMB 136.767 billion, and an enterprise entity credit rating of AAA. It has successively obtained international credit ratings of BBB+ from Fitch and Baa3 from Moody's, becoming the first enterprise in Hubei Province to simultaneously obtain investment-grade credit ratings from two international rating agencies. The group headquarters has more than 40 participating and controlling enterprises.
Since its establishment, the Provincial Science and Technology Investment Group has completed the construction of backbone road networks in the East Lake New Technology Development Zone as well as the supporting facilities of more than a dozen municipal projects such as the National Biological Industry Base and Future Science and Technology City; completed investment in major industrial projects such as Wuhan Xinxin, Wuhan Tianma and China Star Optoelectronics; incubated and served more than 600 small and medium-sized enterprises in various forms; and provided high-quality operation and management services for parks such as Optics Valley Software Park, East Lake Comprehensive Bonded Zone, Optics Valley Biopolis, Overseas Students Pioneer Park and New Energy Industry Base.
Since 2015, in accordance with the requirements of the Management Committee, the Provincial Science and Technology Investment Group has successively established five wholly-owned subsidiaries, namely Wuhan Optics Valley Asset Investment Management Co., Ltd., Wuhan Optics Valley Industrial Park Construction Investment Co., Ltd., Wuhan Optics Valley Industrial Investment Co., Ltd., Optics Valley Real Estate (Wuhan) Co., Ltd., and Wuhan Optics Valley Education Construction Investment Co., Ltd., to better undertake and promote the important task of construction and development of the high-tech zone.

Brief introduction of directly affiliated units of the group:

Wuhan Optics Valley Asset Investment Management Co., Ltd. was established in 2008 with a registered capital of RMB 100 million. It is a wholly state-owned enterprise affiliated to Hubei Science and Technology Investment Group Co., Ltd. The company is organized in accordance with modern enterprise management systems, with the corporate mission of "serving Optics Valley enterprises, boosting industrial upgrading, accelerating technology transformation, and enhancing social contribution". Entrusted by the group company, it is responsible for the management and operation of operational property assets of the group and key secondary companies.
The company has created a "one body, two wings" development model centered on asset operation, with "Science and Technology Investment Property" and "Investment Promotion Services" as the two wings. In 2018, the company established a professional property management subsidiary oriented toward market-oriented operation, built an asset-light platform for asset operation and services, adopted core technologies based on the Internet of Things and big data, explored intelligent asset operation models, and leveraged the external commercial property management market.

Wuhan Optics Valley Industrial Investment Co., Ltd. (hereinafter referred to as "Optics Valley Industrial Investment") is a wholly-owned subsidiary of Hubei Science and Technology Investment Group Co., Ltd. (hereinafter referred to as "Hubei Science and Technology Investment"), a state-owned enterprise in Wuhan East Lake High-tech Development Zone. It is a major industrial project investment platform company established by Hubei Science and Technology Investment in May 2016 by integrating high-quality industrial assets.
Optics Valley Industrial Investment is committed to the industrial innovation, development, transformation and upgrading of Optics Valley of China, and has initially formed a "one body, two wings" development model with "major industrial investment as the main body, and industrial funds and industrial technology research as the two wings of capital and technology". The company introduces resources from Hubei Science and Technology Investment such as financing, incubation and park construction, and provides comprehensive, all-factor and full-life-cycle services from "financing-investment-construction-incubation-operation" for major industrial projects, possessing the ability to build a regional industrial ecosystem integrating park operation, industrial landing and enterprise investment and financing.
Optics Valley Industrial Investment has a registered capital of RMB 10 billion, wholly controls Wuhan Optics Valley Industrial Fund Management Co., Ltd., and directly manages two private equity funds, Wuhan Guanghua Semiconductor Display Industry Development Fund and Wuhan Guanghong Science and Technology Innovation Investment Fund, with a fund scale of over RMB 7 billion. As of the first half of 2019, focusing on emerging industries prioritized by East Lake High-tech Zone such as "optoelectronic information industry, new energy and environmental protection, high-end equipment manufacturing, and high-tech services", Optics Valley Industrial Investment has participated in the investment and management of 35 industrial projects and funds including Yangtze River Holdings, China Star Optoelectronics, Wuhan Tianma, NIO Energy, Resource and Environmental Industry Research Institute, Optoelectronic Industry Research Institute, CICC Qiyuan Venture Capital Guidance Fund, Yangtze River Xiaomi Industrial Fund, Fenghuo Optoelectronic Information Industry Fund, and Lenovo Yangtze River Industrial Fund, with managed assets of nearly RMB 30 billion.

Wuhan Optics Valley Industrial Park Construction Investment Co., Ltd. was registered and established on December 31, 2015, with a registered capital of RMB 250 million. It is a directly affiliated secondary unit of Hubei Science and Technology Investment Group Co., Ltd., mainly responsible for the construction and development of development zone park projects, investment promotion projects and self-operated projects of the Provincial Science and Technology Investment Group. Hubei Science and Technology Investment Group Co., Ltd. currently has a registered capital of RMB 18.39 billion. It is a state-owned holding enterprise group established by the Management Committee of Wuhan East Lake New Technology Development Zone, and undertakes the important mission of promoting the construction of Wuhan East Lake National Independent Innovation Demonstration Zone.

Optics Valley Real Estate is a wholly-owned subsidiary of the large comprehensive state-owned enterprise Hubei Science and Technology Investment Group. It is committed to the development, construction and operation management of industry-city integration projects such as long-term rental apartments, high-end commercial real estate and themed industrial parks. It carries out planning, construction, investment promotion and services around urban topics of smart livability and industrial development, and builds a complete development and operation value chain.
In the long-term rental apartment sector, initially through the operation of 315 apartments in Aerospace Apartment, it gradually built Optics Valley International Talent Free Port · Wuhan Future Science and Technology City Youth Community into a benchmark project for domestic centralized long-term rental apartments, and gradually established its own centralized long-term rental apartment brand through product standardization, service branding and residential socialization. It has concentratedly developed 2 long-term rental apartment projects in the Optics Valley area and externally undertaken the operation and management of other centralized apartments, striving to operate 15,000 rooms within 5 years, with the operating company valued at RMB 1 billion.
In the industrial park development and operation sector, it will build the Digital Economy Industrial Park into a model of ecological parks and smart parks, occupy a place in the new round of industrial layout of the high-tech zone, and lay a solid foundation for the company's subsequent development and growth.