China VAST Industrial Urban Development Company Limited (China VAST Development, stock code 6166. HK), founded in 1995, is one of the representative listed companies on the main board of the Stock Exchange of Hong Kong and the Top 5 Enterprises of Industrial Real Estate in China. China Vast Development is a forerunner and success of China's new urbanization construction and PPP model, as well as China’s leading comprehensive developer of industrial town with industry upgrading service, park operation and infrastructure investment as core businesses.

Under the guidance of the Belt and Road Initiative, the national strategies of Beijing-Tianjin-Hebei Collaborative Development and the Development of the Yangtze River Economic Belt, China VAST Development focuses on the business segments of industrial town, general aviation, industrial design, financial service, culture and tourism, comprehensive health, technological innovation, new energy, hotel management and properties, has developed business in 13 cities in China and invested and constructed 10 industrial towns and parks in 5 cities(including characteristic towns as technology town, aviation town, sports town, finance town and so on) with total planning area about 151.7 square kilometers, which has forcefully supported the economic and social development of the region. There are nearly 100 member companies of China VAST Development, including 12 investment companies and 15 technology-based companies.

In recent years, China VAST Development has continuously integrated industrial resources and strengthened the development of the industry in depth; and with the unique business model and competence, it has been undertaking industrial transfer, cultivating new industries, boosting the overall development of regional society and economy; meanwhile, it also explores new business scope and field with an international perspective, has established R&D (working) organizations and investment promotion platforms in the United States, Germany, Italy, Japan, the Czech Republic, Singapore and other countries to speed up industrial layout and realize high-quality, efficient and balanced development.

With promoting supply-side reform as main line, China VAST Development boosts industrial reconstruction, cultivation and layout with general aviation industry as breakthrough, industrial design as guide, health and old-age care, culture and tourism, and intelligent manufacturing as characteristics: explores “Aviation Special Town” in general aviation, integrates aviation upstream and downstream industrial chain and matching resources in Hebei, Hubei, Jiangsu and so on; well cooperates with famous universities and central enterprises to develop health and medical big data center and industrial park, Horse Power Camp and other important project, promotes characteristic projects of comprehensive health industry of CAS Health Technological Innovation Town, Shijiazhuang International Life Science Innovation Park and others; invests and constructs Langfang Anci Beitian Man. City International (Sports and Leisure) Town under the direction of the State General Administration of Sport.

Aiming at promoting industry upgrading with industrial design, China VAST Development has built “Beijing-Tianjin-Hebei Industrial Design Eco-City” in Longhe Park, which is the first one in Beijing, Tianjin and Hebei region integrating the functions of scientific research and exhibition, trade and communication, innovation and entrepreneurship, incubation and cultivation in one and including the whole industrial chain of industrial design. There are one national makerspace and a number of provincial incubators in the Eco-City and has introduced a batch of members of “The Recruitment Program of Global Experts”, academicians of the Chinese Academy of Sciences and Chinese Academy of Engineering and other professionals altogether 460 in quantity.Taking the Eco-City as foothold, the industrial design layout of China VAST Development is expanding to Hebei and nationwide, and will establish industrial design characteristic town cooperating with the municipal government of Qinhuangdao and plan layout of industrial design complexes in Nanjing, Jiangsu and Ezhou, Wuhan.

In order to speed up the embedded development, China VAST Development has invested and established some service platforms of frontier technologies-Tron Space Industry Accelerators in Zhongguancun, Beijing, Nanshan, Shenzhen, Zhangjiang, Shanghai, Zhangzhou, Fujian, Dusseldorf, Germany and others, among which the Tron Space in Beijing and Shenzhen were both entitled as National Makerspace by the Ministry of Science and Technology.

Be grateful for the source of benefit and remain true to the original aspiration. China VAST Development will devote to the construction and realization of industry and city integration, the acceleration of industrial transformation and upgrading, the ceaseless innovation of industrial town operation model, and continue to uphold the entrepreneurial spirit of “create Value, pursue Advancement, Share with the society, work Together and win-win” to drive the sustainable development of regional economy and society.
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  • Wang Jianjun
    Wang Jianjun
    Chairman and Executive Director

    Mr. Wang Jianjun, was appointed as our Chairman and Executive Director on February 13, 2014, and the chairman of nomination committee on August 6, 2014. Mr. Wang is also the founder and the president of our Group, responsible for our overall strategy, business development and investment planning. Mr. Wang has 21 years of experience in real estate industry. 

     Mr. Wang is involved in various governmental associations, including being deputy to the People’s Congress in Hebei province; 
member of the Standing Committee of the People’s Congress in Langfang City, Hebei 
province; and 
vice president of Langfang Industrial and Commercial Association.

    Mr. Wang received his college diploma in administration management from the Rural Enterprises Managers & Leaders Institute of the Ministry of Agriculture located in the PRC, in June 1995. He was qualified as a senior engineer by the Title Reform Leadership Group of Hebei Province, a governmental authority, in December 2001. 

  • Yang Yun
    Yang Yun
    Executive Director and Vice President

    Executive Director and Vice President. Mr. Yang Yun, was appointed as our executive Director on 17 March 2014. Mr. Yang is the vice president of our Group, responsible for strategy and development, expansion of industrial town projects and property development and overall process management of property development. Mr. Yang has 18 years of experience in the real estate industry. He received his bachelor’s degree in real estate management from Jiangxi University of Finance and Economics, located in the PRC, in July 1998. He was qualified as an Assistant Economist by the Title Reform Office of Langfang Economic Development Zone in October 1999.

  • Wang Yagang
    Wang Yagang
    Executive Director and Vice President

    Executive Director and Vice President Mr. Wang Yagang, was appointed as our executive Director on 17 March 2014. Mr. Wang Yagang is the Vice President of our Group, responsible for overall management of industrial town projects. Mr. Wang has 14 years of experience in the real estate industry. He graduated from Agriculture University of Hebei, located in the PRC, majoring in Management of Urban Economics, in December 2004.

  • Huang Peikun
    Huang Peikun
    Executive Director and Chief Financial Officer

    Executive Director and Chief Financial Officer. Mr. Huang Peikun, was appointed as our executive Director on 17 March 2014. Mr. Huang is the Chief Financial Officer of our Group, responsible for our financial management and control. Mr. Huang has 13 years of experience in business management. He received his master’s degree in Management Science and Engineering from Zhejiang University, located in the PRC, in December 1999 and his Executive Master of Business Administration degree from The Hong Kong University of Science and Technology, located in Hong Kong, in June 2012. He was qualified as a senior accountant by the Department of Personnel Affairs of Guangdong Province in February 2000. Mr. Huang was the executive director of China Merchants Land Limited (a company listed on Hong Kong Stock Exchange with stock code 00978) from 2 June 2012 to 8 August 2013.

  • Xu Ming
    Xu Ming
    Vice President

    Mr. Xu Ming, was appointed as our vice president on 20 March 2006. He is responsible for our capital management and the daily operation of Langfang Sheng Shi Construction. Mr. Xu has over 31 years of experience in business management. He has been a member of the Standing Committee of the seventh Chinese People’s Political Consultative Conference in Anci district, Langfang City, Hebei province since January 2012. Mr. Xu graduated from Tianjin University of Finance and Economics, formerly known as Tianjin College of Finance and Economics, located in the PRC, in master’s course on economics in June 1999. He was qualified as a Senior Economist by the Agriculture Bank of China, Hebei branch in December 1999.

  • Cui Xiangxu
    Cui Xiangxu
    Vice President

    Ms. Cui Xiangxu, was appointed as our vice president on 3 August 2006. She is responsible for our finance, cost and legal management. Ms. Cui has 21 years of experience in business management in the real estate market. Ms. Cui graduated from the Lang Fang Radio & TV University, located in the PRC, majoring in accounting, a correspondence course, in July 1992. She was qualified as an Economist by the Medium Level Title Assessment Committee for Langfang Rural Enterprises in September 2001.

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We are committed to promoting sustainable development. By combining the characteristics of the industry and our strategy, management and operation, we constantly renew our commitment to our values, "Value, Advancement, Dedication, and Together", and creat
  • Vision
    To become a leading industrial town developer in China
  • Mission
    promote regional economic development through improving the industrial service system and building best in class industrial townships
  • Values
    Value, Advancement, Share, and Together

Year of Incorporation

We are formerly known as Langfang City Property Development Co., Ltd.


In the initial accumulation period

we worked hard to establish our brand as a private real estate developer.


In the transition and expansion period

we began to adopt the new industrial park development model and became a specialized park investment operator.

from 2010 to now

In the strategic expansion period

we have been committed to urban development through building industrial parks, and regional industrial transformation and upgrading by participating in the national new urbanization development.


We are a pioneer in new urbanization development and the PPP model in China,a comprehensive urban development operator with main businesses in infrastructure investment,industrial upgrading and park operation

  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2011
  • 2010
  • 2006
  • 2005
  • • In January 2017, we became a member of the Society of Public Finance of China after being approved to join its PPP Special Committee;

    • In February 2017, our Luancheng District Aerospace Town, Anci District Tianmancheng International Town and Guangyang District Western Financial Town made their way to the list of the first batch of unique towns to be built, a list published by Hebei Province;

    • In April 2017, we claimed the ninth spot of the “Top 100 New H Shares with Best Growth Momentum” at the First Development Summit for HKSX-Listed Enterprises.

  • • In January 2016, #9 coffee, a café operated by the Collaborative Innovation Enterprise Base of Beijing, Tianjin and Hebei Region (Langfang), won the title of “National Maker Space”;

    • In June 2016, Longhe High-tech Zone was awarded "Top 100 Chinese Industrial Park Operators in the Category of Business Environment";

    • In September 2016, we came in the fourth of the "Chart of Top 30 Industrial Real Estate Developers in China 2016”;

    • In September 2016, we won "China Real Estate Industry Excellent Growth Award" from Frost & Sullivan;

    • In October 2016, Tron Beijing and Tron Shenzhen was recognized by the Ministry of Science and Technology as a state-level marker space respectively;

  • • In January 2015, we won the title of “Outstanding Enterprise of Chinese Regional Development and New Urbanization”; 

    • In August 2015, we were included in Hong Kong Hang Seng comprehensive small-cap index constituent stock and became one of the representative listed companies in Hong Kong stock market;

    • In September 2015, we claimed the fifth spot of the “Top 30 Chinese Real Estate Developers”, and the eighth spot of the “Top 10 Chinese Real Estate Brands”;

    • In October 2015, Longhe High-tech Industrial Park was recognized as the “National Demonstrative International Science and Technology Cooperation Base.

  • • In January 2014, we won the title of New Urban Development Demonstration Zone in China 2013, a title awarded by National Development Zone Investment Promotion Association and China City Investment Development Association; 

    • In August 2014, we were listed on the Main Board of Hong Kong Stock Exchange, and became the first industrial town concept stock;

    • In August 2014, our Longhe High-tech Zone won the award of the “Most Investment-worthy High-tech Development Zone in China 2014”;

    • In September 2014, we were selected as “Top 10 Chinese Industrial Park Brand Value” by the Development Research Center of the State Council and China Index Academy;

    • In September 2014, we came in the seventh in the Chart of Top 30 Industrial Property Developers in China, a charter published by Youyuanqu and China Property Industrial Property Research Center.

  • • In December 2013, our Longhe High-tech Zone was recognized as “Provincial High-tech Industrial Development Zone” in Hebei Province.

  • • In May 2011, we were approved by Hebei Provincial Government to be among the first batch of provincial industrial clusters.

  • • In January 2010, we won the title of the Most Investment-worthy Financial Ecological Development Zone, a title awarded by the World Bank Institute, Asia Financial Research Center and several other institutions.

  • • In November 2006, we won the title of the National Torch Program Langfang Information Industry Base, a title awarded by the National Torch Program Center and Langfang Municipal People's Government;

    • In November 2006, we won the title of Provincial Circular Economy Industrial Demonstration Zone, a title awarded by Hebei Development and Reform Commission;

    • In December 2006, we won the title of Hebei Province High-tech Industry Demonstration Area, a title awarded by the Department of Science and Technology of Hebei Province.

  • • In July 2005, we were awarded “Top Ten Urban Construction Projects” by Langfang Municipal People's Government.