Wuhan United Development Parking Lot Investment, Construction and Management Co., Ltd.

Wuhan United Development Parking Lot Investment, Construction and Management Co., Ltd. was established in 2011 with a registered capital of 22 million yuan. It is mainly engaged in the investment, construction and management of urban parking lots and supporting commercial facilities (including transportation hub-type urban complexes) in China. Its main business covers urban-level parking lot planning and design, parking lot investment and construction, parking lot operation management and consulting, parking lot-related property management, parking lot commercial platform development, and parking finance. It is committed to providing comprehensive parking asset management solutions and professional parking services covering the entire industry chain. The company adopts a modern corporate management model, with a reasonable organizational structure and standardized and orderly management. It currently has more than 300 employees and 50 middle and senior managers, of whom 60% have a bachelor's degree or above. It has a strong development, design, consulting and operation management team. As a vice president unit of the Wuhan Motor Vehicle Parking Lot Industry Association and a participating drafting unit of Shenzhen local standard DB4403, T54-2020 "Specification for Construction and Management of Traffic Facilities in Parking Garages (Lots)," the company extensively expands its business scope and guides industry development. It adopts various business models such as parking lot trusteeship, renovation and utilization of idle land plots, leasing, BOT, PPP, land purchase and self-construction, property rights acquisition, and management service output. It has invested in and built 40 parking lots in Wuhan, Nanjing, Changsha and other places, with managed assets of nearly 600 million yuan, about 20,000 parking spaces, and an average daily traffic volume of about 70,000 vehicle trips. It has greatly improved the current situation of urban parking difficulties and received good social evaluation. It has also been featured in special reports in media such as Wuhan Evening News, Chutian Golden News, and Changjiang Business Daily. The company takes ISO9001 as its standard, is rooted in Hubei and radiates across the country, adheres to the business philosophy of "united development, win-win cooperation," takes "everything for better parking" as its core value, takes technological development as the guide, and takes alleviating urban static traffic pressure as its strategic development goal. It actively responds to the government's call and provides cities with *appropriate solutions to "parking difficulties." By accelerating the process of scaling, industrialization and capitalization, emphasizing the organic combination of capital and technology, building an intelligent, professional and modular commercial service model, and forming a data-driven, standardized and normalized operation management model and a full parking industry chain layout, it is committed to becoming a benchmark enterprise for operation services in China's parking lot industry.