Leshan High-Tech Investment Development Group

It is a municipal-level investment vehicle ultimately controlled by the Leshan High-tech Zone Management Committee. It operates as the designated development and investment arm for the zone, executing infrastructure buildout and strategic equity deployment on behalf of the local government's industrial policy objectives.

All known assets — the industrial parks, the Haixin 220kV Substation, and the equity transaction with Huibo Cloud Technology — are contained within Leshan, Sichuan. There is no public record of investments outside the zone, making it a hyperlocal deployment vehicle rather than a nationally or provincially scoped investor.

The group is fully owned by Leshan Kechuang Industrial Investment Group, its direct parent company. Ultimate control rests with the Leshan High-tech Zone Management Committee. This layered corporate structure is standard for Chinese municipal investment platforms, separating operational management from government oversight while maintaining full state ownership.

The portfolio spans three categories: mixed-use industrial real estate through its 'One Headquarters, Three Bases' parks; operational power infrastructure via the Haixin 220kV Substation; and strategic technology equity, evidenced by the share-swap restructuring transaction with Huibo Cloud Technology.

No evidence suggests the group raises third-party capital or manages limited-partner funds. It operates as a balance-sheet investor deploying state capital directly, consistent with its identity as a corporate investor rather than a fund manager.