China Electric Construction and other companies have invested in establishing a new company in Guangzhou with land reclamation services.

According to the Enterprise Check App, recently, Guangzhou Kai Cheng Qiao Construction Investment Co., Ltd. was established, with Dong Yu as the legal representative and a registered capital of 600 million yuan. The scope of business includes land consolidation services; non-residential real estate leasing; housing leasing; property management; consulting and planning services; and investment activities with its own funds. Equity penetration of Enterprise Check shows that the company is jointly held by Guangzhou Development Zone Urban Development Group Co., Ltd. and China SDIC Electric Power Construction Group Fifteen Engineering Bureau Co., Ltd.