Xin Changhai Development Group was founded in 1993 with registered capital of 1 billion yuan. It is a large diversified comprehensive group company dedicated to building an enterprise ecosystem. Over the 25 years since its establishment, through forward-looking business layout and continuous investment around core values, the company has formed an industrial cluster pattern centered on innovation and entrepreneurship industries, technology industries, and real estate investment and operation.
Xin Changhai Development Group focuses on developing its own real economy and supporting the development of the real economy, promoting steady and high-quality corporate growth. The group owns more than 170 patents, 21 national and provincial first- and second-level qualifications, more than 30 wholly-owned subsidiaries, and 27 equity-participating and controlling companies. It is among the top 10 in Hunan Province's development and construction industry. By the end of 2017, the group's total revenue exceeded 5.1 billion yuan, audited total assets were nearly 7.4 billion yuan, and various taxes and fees paid to the state exceeded 100 million yuan. The group has been ranked among China's Top 500 Service Enterprises, Hunan Top 100 Enterprises, and Hunan Top 100 Private Enterprises for four consecutive years.
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