Shenzhen Urban Construction Development (Group) Co., Ltd.

Shenzhen Urban Construction Development (Group) Co., Ltd. (hereinafter referred to as "UCG") is a wholly state-owned real estate development group enterprise under Shenzhen Investment Holdings Co., Ltd., with national comprehensive first-class real estate development qualifications. As of July 2019, the Group's total assets reached 14.668 billion yuan, net assets 4.508 billion yuan, registered capital 1.668 billion yuan, with 19 subordinate enterprises and nearly 1,000 employees.
For 37 years, UCG has been rooted in the Shenzhen Special Economic Zone, radiating into the Pearl River Delta, upholding the value concept of "I am born because of the city, the city is beautiful because of me," with the mission of "providing classic green residential products for society," actively promoting the strategy of famous brands and fine products, having cumulatively developed more than 100 projects with a development area of over 20 million square meters, repeatedly winning market acclaim. It has successively developed and constructed 8 major cultural facilities including Shenzhen Grand Theater, Stadium, and Museum, four major parks including Litchi Park, and a large number of hospitals, schools, and industrial parks including People's Hospital. Its development and construction of nearly thirty large-scale high-end residential communities such as Renshan Zhishui, Zhongshan Yucheng Jinwan, and Dongguan Yuhewan cover the Shenzhen Special Economic Zone and the core areas of the Pearl River Delta, and it has won more than ten municipal-level honors including "Top Ten Enterprises in Comprehensive Real Estate Strength in Shenzhen," "Top Ten Real Estate Development Enterprises in Tax Payment in Shenzhen," and "Second Place in Integrity (Quality) Enterprises in Shenzhen Real Estate."
In recent years, UCG's business has developed rapidly, gradually forming a business pattern driven by four carriages in parallel: "real estate development, urban renewal, park expansion, and asset operation." To help Shenzhen solve the problems of structural shortage of land resources and insufficient industrial space, UCG has fully leveraged its own advantages in existing land resources and successively launched multiple urban renewal projects such as UCG Building, Meiyuan "Shenzhen Innovation Financial Headquarters Base," Hengtong "Qiaocheng Cloud Valley," and Jihua "UCG Smart Valley," striving to be the main force in enhancing Shenzhen's urban development carrying capacity and building a modern, international, and innovative city. At the same time, UCG closely revolves around the strategic layout of "circle gradient, one district with multiple parks" of Shenzhen Investment Holdings Co., Ltd., actively undertaking technology + finance industrial park projects cooperated between Shenzhen Investment Holdings Co., Ltd. and local governments, and bravely serving as the vanguard of SIHC's reform and development. At present, the park construction projects undertaken by the Group mainly include the Dongguan "Greater Bay Area? SIHC Qingxi Technology Ecological City Project" (construction land area of approximately 2.75 million square meters) and the Shenzhen-Shanwei Technology Ecological Park Project (construction land area of 91,000 square meters).
Looking to the future, UCG will fully fulfill the political and social responsibilities of a state-owned enterprise, guided by the strategic goals of Shenzhen Investment Holdings Co., Ltd., adhering to both economic and social benefits, based in Shenzhen, radiating across the country, continuing to implement the fine products strategy, creating city name cards, leading urban development, building a hundred-billion enterprise, and striving to become a leading sustainable comprehensive urban development and operation service provider.