# Shandong Haida Development and Construction

Shandong Haida Development and Construction is a Government / Public Body based in Jining, China.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Jining, China
- **Region:** Asia
- **Address:** Jining High-tech Industrial Development Zone, Shandong, China
- **Founded:** 2009
- **Assets under management:** Undisclosed
- **Website:** www.jngxkgjt.com
- **LinkedIn:** linkedin.com/company/shandong-hongda-construction-company

## Regulatory record

- **Reports private funds:** No

## About

Established in 2009, Shandong Haida Development and Construction serves as the primary development and investment arm for the Jining High-tech Industrial Development Zone Management Committee. The agency anchors the local government's push to transform the zone through large-scale residential construction and supporting commercial infrastructure. Its operations span real estate development, asset operations, health industry, and cooperative education. The real estate business relies on strategic co-developers: Sunac China for residential projects, Country Garden for high-quality housing, and China Resources Land for urban development. Shandong Jingtou Group collaborates on other large-scale residential developments. The resulting portfolio includes commercial assets such as Creative SOHO, Fortune Center, Shengdu Conference Center, and Keyuan Hall, all within the Jining High-tech Zone. The agency has not disclosed headcount or total capital deployed. It operates through a network of wholly-owned subsidiaries covering industrial investment, construction, development, and cultural tourism. Strategic activity continues to link development with industrial policy; for instance, the firm recently secured Shandong's first 'computing power loan' from the Bank of China, reflecting its push into digital infrastructure alongside real estate. As a government body, its structural differentiator lies in its dual role as both policy implementer and project developer — the Management Committee directs strategy, while Shandong Haida executes directly on the ground. This collapses the separation between the state as client and developer into a single entity, giving it an unusual mandate to incubate and operate infrastructure directly for public objectives, without the profit-maximization constraints of a private developer.

## Sectors

- Real Estate
- Infrastructure
- Education

## People

- Jining High-tech Industrial Development Zone Management Committee — Ultimate controlling authority and government owner

## Questions

### Who controls Shandong Haida Development and Construction?

The ultimate controlling authority is the Jining High-tech Industrial Development Zone Management Committee, a local government body. The firm was founded in 2009 to act as the development arm for the zone's urbanization strategy. There are no external private owners; it operates as a fully government-owned agency.

### What are its main business lines?

The firm's website lists four sectors: real estate development, asset operations, health industry, and cooperative education. In practice, real estate development is the dominant activity, carried out through co-development agreements with major Chinese property groups. The health and education lines appear to be nascent or supporting functions.

### How does the firm source its projects?

As a government body, projects are sourced directly from the Jining High-tech Zone's master planning process. The firm does not compete in open tenders in the traditional sense; it is the designated executor for the zone's public development pipeline, including infrastructure, commercial complexes, and residential areas.

### Who are its key co-development partners?

Sunac China is a co-developer for residential projects totaling 1.7 million square meters. Country Garden co-develops high-quality residential housing. China Resources Land is a strategic partner in urban development, and Shandong Jingtou Group collaborates on large-scale residential developments.

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Last updated: 2026-06-03T20:00:00.000Z

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