Shanghai Lingang Economic Development (Group) Co., Ltd. (“Lingang Group”) is a state-owned enterprise, and also one of the top 500 enterprises of the service sector in China. The company specializes in the investment and operation of industrial and business parks, providing professional services for enterprises and investing in science and technological innovation. Its primary mission is to serve as the main force in the development and construction of Lin-gang Special Area, and to become an important participant in the industrial upgrading of key areas of Shanghai.
With footprints spanning over 40 years in development and operation of industrial parks, Lingang Group has entered into a new stage of development focusing on promotion of investment, cultivation of industries and operation services.
The industrial and business parks developed by the Company are hosting over 20,000 outstanding enterprises from both home and abroad, including 200 plus listed companies and subsidiaries of large companies, and another 200 plus Fortune 500 companies and their related partners. The cumulative industrial output from the clients in industrial and business parks has exceeded CNY 4.7 trillion, and the cumulative business turnover from all tenant enterprises has hit more than CNY 15 trillion.
Relying on a number of incubators owned by the Company and accredited by Shanghai government as “High-quality Incubators of Shanghai” such as SYNLINX, the Company has helped create a series of demonstrative scenarios for application of new technologies and has successfully nurtured more than 3,200 national-level high-tech companies and more than 130 “Little Giant” firms. Both the number and growth rate rank among the top in the country.
As a showcase of integration of industry and urban development, the industrial and business parks developed by the company are home to more than 500,000 professionals working on a daily basis and hence offer services that meet the demand related to their work and life, continuously enhancing the value of the brands of our projects named after "Lingang", "Caohejing" and "Innovation Galaxy".
Lingang Group is the controlling shareholder of Lingang Holdings (stock market code 600848.SH) - a listed company included in the FTSE Russell global equity index, and owns "Lingang Innovation Industrial Park REIT" (508021. SH) - the nation's first publicly offered infrastructure securities investment fund, with standardized manufacturing plants as the underlying assets.
Facing the future, Lingang Group is committed to its aspiration of becoming a first-class industrial and business parks operator and service provider competent in the establishment and operation of innovation ecosystem for industrial and business parks, aligning its development with the targets set out in the national initiatives including the development of Lin-gang Special Area, the advancement of Shanghai towards being a global innovation hub for science and technology, and the integrated development of the Yangtze River Delta region, as well as, with the ambition of the municipal development plans of “A Center in Five Areas” and “Four Major Functions”, namely making Shanghai an international center of economic growth, finance, trade, shipping and science and technological innovation, and the four roles Shanghai play for the nation, including a global resource allocator, a hub for scientific and technological innovation, a leader in high-end industries and a gateway to international exchanges and cooperation.
It will continue working on its main business of industrial and business park operation, while finding strength for its own development in its alignment with the national and local initiatives and mobilizing resources in talent, technologies, information, capitals and data that innovation activities require to help create new-quality productive forces and new momentum for high-quality development so as to help Shanghai continue leading the development of strategic emerging industries and industries for the future and make contribution to the city’s marching forward towards being a socialist modernized international metropolis of world influence.
