Nanjing Xingzhi Technology Industry Development

The Nanjing Economic and Technological Development Zone Management Committee is the ultimate controlling entity. The firm sits beneath a direct parent, Nanjing Xingang East District Construction Development Co., Ltd., which holds 100% equity. Qin Bo serves as the on-the-ground Legal Representative, Chairman, and General Manager, executing the zone's industrial-policy directives.

The firm co-established XPT (Nanjing) E-Powertrain Technology as a joint venture with NIO Inc. XPT manufactures electric-drive units for NIO vehicles from facilities within the Nanjing Economic and Technological Development Zone. The arrangement locks in local production employment and supply-chain spending while giving NIO a dedicated powertrain manufacturing base.

Its co-investment model favors operating joint ventures with industrial corporates — NIO in powertrains, FAW Group in fuel cells — rather than club deals alongside financial sponsors. The state-backed balance sheet and site-control authority make it a preferred local partner for manufacturers needing China production capacity rather than a passive co-GP participant.

The firm controls at least two significant commercial properties within the Nanjing Economic and Technological Development Zone: the Xingzhi Technology Park in Qixia District and the Export Processing Zone General Building at 10 Xingzhi Road. These assets serve as both income-producing real estate and physical infrastructure for portfolio companies.