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Urumqi Gaoxin Investment and Development Group Co., Ltd.
Block A, Eco Plaza Level 3
No.217 Gaoxin Street
Urumqi, Xinjiang  830011  China
Business Summary
Urumqi Gaoxin Investment and Development Group Group Co., Ltd. ("UGID") is 100% directly owned and supervised by the Urumqi High-tech Industrial Development Zone State-owned Assets Supervision and Administration Commission ("New City"). UGID is the New City government's most important financing platform for providing public services to the district and the enterprises that operate in the high-tech zone. Around 80% of its operating revenue in 2016 was sourced from the New City government. UGID develops the zone's infrastructure and provides financial services to the enterprises in the zone, namely micro-loan and guarantee services. Its long-term strategy is highly compatible with the strategy of the high-tech zone and the New City government.

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Financials, News and Filings
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Thursday, March 28, 2024