Shenzhen Longgang District Urban Construction Investment Group Co., Ltd. (hereinafter referred to as "Longgang District Urban Construction Investment Group") is a wholly state-owned company funded and established by Shenzhen Longgang District People's government, which is managed with reference to the units directly under the district government. The company was established in August 2010 with a registered capital of 11.622 billion yuan. In 2017, the group transformation was completed and it was officially renamed as Longgang District Urban Investment Group. As of April 2019, Longgang District Urban Investment Group has 7 wholly-owned enterprises and 8 joint-stock enterprises.
Shenzhen Longgang affordable housing investment Co., Ltd. (hereinafter referred to as "Longgang affordable housing company") was established in May 2012 with the consent of Longgang District People's government. At the time of establishment, the company was the only specialized affordable housing investment and financing platform in Shenzhen, with a registered capital of 2.5 billion yuan. In March 2013, Longgang affordable housing company was reorganized into a wholly state-owned company directly funded by Longgang District People's government. As of April 2019, it has one wholly-owned enterprise and two holding enterprises.
In December 2012, the rail transit office of Longgang District was established. Its daily work platform is attached to the urban investment group of Longgang District. The group specially sets up the Rail Transit Department to promote the coordination of the early stage, construction and operation of the rail transit construction within its jurisdiction.
Longgang District Urban Investment Group and Longgang District affordable housing company implement the integrated operation mode of "two brands, one set of people". The group is positioned as "urban operation and district developer", with the development and construction of key districts as the core, adheres to the combination of quasi public welfare attribute and market-oriented operation, innovates urban construction mode, improves urban operation level, and becomes a benchmark enterprise of state-owned capital management and operation in Longgang District, and an important support for implementing "Eastward Strategy" and building the Eastern Center of Shenzhen. Business covers investment, development, major project construction, infrastructure construction, park investment operation, affordable housing management, rail transit and other fields.
In recent years, the Longgang City Investment Group has held high the great banner of Xi Jinping's new socialist ideology with Chinese characteristics. It has fully implemented the spirit of the nineteen and nineteen second plenary session of the nineteen Central Committee and the central economic work conference of the party, and thoroughly studied and implemented the general secretary's important speech to Guangdong and the spirit of China's important instructions for Shenzhen. The work deployment of the state owned assets supervision and Administration Bureau of Longgang District and the work requirements of "the year of style construction promotion" and "the year of Eastward Strategic Breakthrough" aim at building a first-class enterprise, take party construction as the guide, take reform as the driving force, take specialization, refinement, standardization and marketization as the foothold, and strengthen the awareness of cost, benefit, customer, competition and struggle, With the theme of "year of reform", we will carry out eight actions to promote reform and work style. We will be the leader in the reform of state-owned enterprises, constantly improve the core competitiveness of enterprises, strive to create new achievements, and contribute to the economic and social development of Longgang District.