Changsha Wangcheng District Industrial Investment and Development Group Co., Ltd. (abbreviated as "Wangcheng Industrial Investment Group") is a first-tier wholly state-owned enterprise under Wangcheng District. Founded on June 20, 2022, with a registered capital of 5 billion yuan, it was formed through the integration and development of the former Wangcheng Water Investment Group in accordance with the decisions and arrangements of the District Party Committee and District Government and the needs of corporate strategic transformation. The Group has a corporate credit rating of AA, with 9 internal departments, 9 wholly-owned secondary subsidiaries, 5 shareholding and joint-stock companies, and 17 wholly-owned tertiary subsidiaries.
With the goal of "building a regionally first-class comprehensive industrial investment and development group," the Group's business scope covers industrial investment and financing (equity investment), industrial project construction (responsible for the construction of major water conservancy infrastructure, cultural tourism supporting facilities, municipal roads, and other projects across the district), cultural tourism industry (responsible for the development and operation of 3 national 4A-level scenic areas, 3 high-end boutique hotels, and 1 pastoral complex), sand and gravel building materials industry (relying on the two major sand and gravel bases in Qiaokou and Tongguan, forming a green and environmentally friendly circular building materials industry cluster integrating production, sales, and transportation of sand and gravel aggregates and new building materials), and health and elderly care industry (a "1+13+N" district-wide health and wellness industry system based on the Wangcheng District Elderly Care Center), etc.
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