Dezhou Tianqu Construction and Development Group

Investment and operational decisions flow through Chairman and Party Secretary Xu Yujun, with General Manager Zhang Fengjiang directing day-to-day execution. Dezhou Caijin Investment Holding Group, as the 65% majority shareholder, exerts significant strategic influence, while the Tianqu New District Management Committee maintains a 10% government stake and provides regulatory oversight. This triad structure means no single entity acts unilaterally; large capital commitments require alignment between the commercial state-owned shareholder and the local government body.

It functions as a hybrid. The group directly develops real estate such as the Dezhou East High-speed Railway Station Plaza and the Digital Security Industry Base, but it also invests as a venture-style player in industrial projects like the Lead Technology Project and operates a building-materials circular-utilization park. Its mandate covers construction, infrastructure, advanced manufacturing, and agricultural technology, making it a multi-asset operating company rather than a single-sector developer.

The Tianqu New District Management Committee holds a 10% equity stake in the group and provides regulatory oversight, embedding the firm within the district's administrative framework. The Committee does not manage daily operations but ensures the group's investments align with the district's economic development plans. This formal ownership link distinguishes it from arms-length state contracting relationships common elsewhere in China.

All known owned-and-operated assets and investment projects — including the Agricultural Technology Demonstration Base, Digital Security Industry Base Phase I, and the Lead Technology Project — are located in Dezhou, Shandong. No publicly disclosed investments indicate a geographic footprint beyond the Tianqu New District, suggesting a deliberate, highly concentrated regional mandate tied to local economic development goals.

The group pursues early-stage and expansion-stage venture investments in parallel with balance-sheet real-estate development, targeting sectors that complement its physical district buildout. For example, the Lead Technology Project represents a direct industrial venture intended to attract advanced manufacturing tenants, while the Digital Security Industry Base provides the physical campus to house such companies. This creates a self-reinforcing loop where the group develops the infrastructure and seeds the businesses that occupy it.