China VAST Development (6166.HK)
Founded in 1995, China VAST Industrial Urban Development Company Limited (“China VAST Development”, Stock Code: 6166.HK) is a pioneer in developing new industrial towns and implementing industrial park PPP model in China. As an HKEX-listed firm, it is a comprehensive industrial town developer, with a key emphasis on industrial upgrading, park operation and infrastructure investment.
China’s Leading Industrial Town Developer
Our unique business model and strength have allowed us to respond to national policies for the coordinated development of Beijing-Tianjin-Hebei (BTH), and the Yangtze River Economic Zone. With a focus on these two regions, we are developing 10 industrial towns in 7 cities with a planned area of circa 150 square kilometers. The 7 cities include Langfang, Shijiazhuang and Zhangjiakou in Hebei Province, Chuzhou in Anhui Province and Ezhou in Hubei Province. Of these industrial parks, Langfang High-tech Zone is a model under our approach to developing industrial towns. To date, it has attracted 245 projects. Included among these projects are 5 Fortune 500 companies like FIH Mobile Limited, China State Construction, Global Logistic Properties, Aviation Industry Corporation of China, China National Building Material Group and other renowned companies like China National Nuclear Corporation, China National Machinery Industry Corporation and China Aerospace Science & Industry Group. These projects have received a total investment of 70 billion RMB, generated a total industrial output of more than 90 billion RMB, paid 7 billion RMB tax and created over 70,000 jobs.
Langfang Longhe Hi-tech Industrial Park
Zhangjiakou Economic Zone VAST Industrial Park
Longhe Business and Lesure Resort
|Zhangjiakou New Industrial Park|
|Langfang Guangyang District Hi-tech Incubator||Shijiazhuang General Aviation Industry Town|
|Yongqing VAST Industrial Town||Shijiazhuang Gaocheng VAST Industrial Town|
|Chuzhou Demonstration Industrial Park||Ezhou VAST Industrial Park|
Over the past two years, we have been committed to "mass entrepreneurship and innovation". For this purpose, we put in place Beijing-Tianjin-Hebei (Langfang) Collaborative Innovation and Entrepreneurship Base and Wisdom Valley·Dreamworks. Besides, we introduced and incubated multiple innovation projects. They are: Peking University Science and Technology Achievements Trading Center, Beihang Institute of Robotics, CASIC’s Civil-Military Integration Project, YTD, Sina VR, Aerospace Pioneer Precision Project. In order to speed up the embedded development, we also invested in a number of cutting-edge platforms, Tron Space Beijing in Zhongguancun, Tron Space Shenzhen in Nanshan, Tron Space Shanghai in Zhangjiang, Tron Space Zhangzhou in Hap Mun Bay, and Tron Space German in Dusseldorf. They cover an area of more than 10,000 square meters. They have accelerated our efforts to form a complete industrial ecosystem and innovative incubation system. In 2016, Tron Space Beijing and Tron Space Shenzhen were recognized as state-level maker space.
9 Major Sectors
The “new normal” of China’s economy, particularly the transformation and upgrading in supply-side reforms, has become a new driving force for industrial parks to maintain long-term growth. Against this backdrop, we are changing our approach to development. To move deeper into industry, we are integrating 9 industries, i.e. general ambition, financial service, cultural tourism, healthcare, technology innovation, new energy, hospitality management and real estate.
Under the "Belt and Road Initiative" and the "China Manufacturing 2025" national strategy, China VAST Development, has established a grand overseas layout strategy. In order to achieve borderless incubation, we have been integrating global resources and focusing on hi-tech industry. Standing from a global perspective, we have been relocating industry resources in a rather localized way, which will help transform our company into a more international and creative one. So far, we have expanded businesses in Asia, Europe and North America, and has been focusing on connecting with German, French, and American companies and projects. Our business involves in many key sectors, such as high-end manufacturing, bio-pharmaceuticals, technological innovation, cultural tourism and sports.
To companies, we are a service provider. To local governments, we are a regional economic developer. To society, we are a comprehensive city and town builder. We are committed to sustainable development. In line with industry features and our corporate strategy, management and operation, we will persistently enhance our corporate values (value, excellence, dedication and win-win), and the comprehensive economic, social and environmental values for our stakeholders.
Tel: +86 13910085163
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