Hefei Haiheng Investment Holding Group

Hefei Haiheng Investment Holding Group

Founded in 1993, Hefei Haiheng Investment Holding Group serves as the principal state-owned capital operation platform for the Hefei Economic and Technological Development Zone. Chairman Li Maomao oversees a sprawling mandate that fuses equity investment, urban construction, financial services, and asset operation. The group is wholly owned by the Hefei Economic and Technological Development Zone's State-owned Assets Supervision and Administration Commission (SASAC), anchoring it firmly within Anhui province's industrial-policy machinery. Haiheng's investment posture spans direct equity positions in strategic industries, large-scale real estate development, and utility operations. Its portfolio includes the Zhongde (Sino-German) Cooperation Innovation Park, Hefei Life Science Park, and mixed-use complexes such as the Huiyuan Scenic Area. In the energy sector, it controls Jinyuan Thermal Power and Jinjing Water, providing critical infrastructure to the development zone. The group frequently co-invests with Hefei Industry Investment Group, a partnership that underpinned Hefei's emergence as a national hub for new-energy vehicles and advanced displays. Beyond equity and infrastructure, Haiheng operates a collection of commercial and residential assets including the Sofitel Grand Park Hotel Hefei, the Hefei International Convention and Exhibition Center, and Danxia Real Estate. These holdings generate recurring revenue and reinforce the zone's appeal for corporate tenants. While total assets under management remain undisclosed, the group's sustained capital expenditure on industrial parks, utilities, and urban renewal projects indicates a balance sheet sized to provincial-development finance. Haiheng's structural differentiator is its zone-locked mandate: every investment must serve the economic development goals of a specific geographic area. This territorial constraint removes the pure financial-return imperative and replaces it with a blend of industrial attraction, job creation, and infrastructure provision — making Haiheng a development-finance institution in everything but name, with the Hefei zone's annual GDP growth serving as its primary performance metric.