Government

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Nanchang Industrial Holdings Group

Nanchang Industrial Holdings Group was established in 2002 as a wholly state-owned enterprise under the Nanchang municipal government. Its founding chairman,...

Nanchang Industrial Holdings Group logo

Nanchang Industrial Holdings Group

Nanchang Industrial Holdings Group was established in 2002 as a wholly state-owned enterprise under the Nanchang municipal government. Its founding chairman, Li Shuiping, now leads the successor entity Nanchang Industrial Investment Group, while former legal representative Ge Binlin and former general manager Luo Xiaolin — an executive director at Jiangxi Bank — round out the core leadership that shaped the group's operational footprint. The group's mandate spans industrial investment, industrial park development, industrial finance, and property leasing. Its asset base includes major real estate holdings such as the Jiangxi Nanchang Sanghai Industrial Park, the Nanchang Gaoxin Industrial Park, and commercial properties at 81st Avenue No. 32 and Zhongshan Road No. 242 in Xihu District. The group also operates the Nanchang Tengwangge Development Fund, channeling capital into regional industrial projects. Team size and total deployment figures are not publicly disclosed. The group's activities remain concentrated in Nanchang and the broader Jiangxi province, with no known offices outside mainland China. Its financial operations appear closely interwoven with the municipal government's economic planning apparatus and regional banking relationships. The group functions as a local government financing vehicle — a structural model common across Chinese municipalities — using land holdings and industrial parks as both investment assets and collateral for raising development capital. Its governance sits within the Nanchang State-owned Assets Supervision and Administration Commission framework, distinguishing it from market-driven family offices or private asset managers.

Website
nccytz.com

General information

Firm type

Government / Public Body

Year founded

2002

Location

Region

Asia

Country

China

City

Nanchang

Corporate office

Nanchang, Jiangxi, China

Principals

Li Shuiping

Former Chairman

Ge Binlin

Former Legal Representative and Chairman

Luo Xiaolin

Former General Manager and Director

Sector focus

Real EstateInfrastructurePrivate Equity

Frequently asked questions

Who runs investment decisions at Nanchang Industrial Holdings Group?

The group was historically chaired by Li Shuiping, its founder. He now chairs the successor entity Nanchang Industrial Investment Group. Former legal representative Ge Binlin and former general manager Luo Xiaolin were also key decision-makers during the group's operational history. Day-to-day investment direction aligns with municipal government priorities.

How is Nanchang Industrial Holdings Group related to the Nanchang municipal government?

It is a wholly state-owned enterprise operating under the Nanchang State-owned Assets Supervision and Administration Commission. The group functions as a local government financing vehicle, deploying municipal capital into industrial development, park construction, and property holdings within Jiangxi province.

Does Nanchang Industrial Holdings Group invest outside China?

No foreign investments or offices outside mainland China are publicly documented. All known assets — including the Sanghai and Gaoxin industrial parks and the Tengwangge Development Fund — are located in Nanchang and Jiangxi province. The group's mandate is regional economic development.

What does Nanchang Industrial Holdings Group actually own?

Its disclosed portfolio includes the Jiangxi Nanchang Sanghai Industrial Park, Nanchang Gaoxin Industrial Park, and two commercial properties in Xihu District. It also operates the Nanchang Tengwangge Development Fund, which channels capital into local industrial projects. The group's holdings blend real estate, infrastructure, and development finance.

What is the relationship between Nanchang Industrial Holdings Group and Nanchang Industrial Investment Group?

Nanchang Industrial Investment Group appears to be the successor entity. Li Shuiping, the founder and former chairman of Nanchang Industrial Holdings Group, now serves as chairman of Nanchang Industrial Investment Group. The transition reflects a common pattern of municipal investment vehicle restructuring in China.

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