Lianyungang Urban Construction Holding Group Co., Ltd. was established in August 2015 through the integration and reorganization of seven state-owned enterprises. With a registered capital of 5 billion yuan and a total asset of 169.6 billion yuan by the end of 2020, the group ranks 23rd on the list of the top 100 urban investment companies in China.The group focuses on urban infrastructure investment, construction and operation (including regional development and environmental protection), real estate, construction engineering and technical services, and the main business of tourism industry. It specifically undertakes six business segments, namely municipal public and environmental protection industry, district development and real estate development, construction industry, health and pension, hotel catering and tourism, sports and sports.