Nanjing Jiangbei Industrial Investment Group Capital Increase and Share Expansion, CITIC Financial Assets Stake Investment Empowers New Journey of Industrial Upgrade

Nanjing Jiangbei New Area Industrial Investment Group Co., Ltd. (referred to as “Jiangbei Industrial Investment Group”) recently completed a corporate registration change, increasing its registered capital from approximately 6.55 billion yuan to 6.89 billion yuan, a 5% growth. This change not only involves capital expansion but also introduces China CITIC Financial Asset Management Co., Ltd. (referred to as “CITIC Financial Assets”) as a new shareholder, along with some executive adjustments. These moves inject new momentum into the group’s high-quality development and demonstrate Jiangbei New Area’s commitment to deepening state-owned enterprise reform and promoting industrial upgrading.

As the core platform for industrial investment and development in Jiangbei New Area, the capital increase of Jiangbei Industrial Investment Group is not merely a financial injection but a strategic choice based on regional development needs and resource optimization. According to business registration information, the group’s registered capital has increased from 654.81648 million yuan to 689 million yuan. The additional funds will mainly be used to strengthen the group’s capital reserves, enhance its capacity for industrial investment and infrastructure construction, and provide strong support for major projects and industrial ecosystem cultivation in the new area.

The addition of CITIC Financial Assets is the key highlight of this change. As a nationwide asset management company (AMC), CITIC Financial Assets has significant advantages in non-performing asset management, asset management, and investment, with professional capital operation capabilities, extensive industry resources, and a comprehensive risk control system. Its investment in Jiangbei Industrial Investment Group will help improve the group’s quality and efficiency in capital operations and asset optimization, broaden financing channels, and optimize capital structure, injecting specialized strength into its industrial investment business.

After the capital increase, Jiangbei Industrial Investment Group’s equity structure has become more diversified. Currently, the shareholders include Nanjing Yangzi State-owned Capital Investment Group Co., Ltd. (the largest shareholder, holding 45.59%), Jiangbei New Area Management Committee (actual controller, holding 42.84%), Nanjing Jiangbei Gongrong Jin Tou No. 1 Debt-to-Equity Investment Partnership (LP), CCB Financial Assets Investment Co., Ltd., and the new shareholder CITIC Financial Assets. This diversified ownership structure is a concrete practice of Jiangbei New Area’s deepening mixed-ownership reform, achieving an organic integration of state capital and professional financial capital, helping the group break free from single-capital constraints, and enhancing market-oriented operation levels and core competitiveness.

Jiangbei Industrial Investment Group has a steady development history and a solid foundation. The company originated from Nanjing High-tech Economic Development Corporation, established in June 1992, and was renamed and reorganized in December 2017. It has always positioned itself as the main entity for industrial investment and development in the new area, focusing on the “one body, two wings” development strategy, with core businesses in industrial investment, park operation, and integrated urban-industry development. It promotes industrial transformation and upgrading and deep integration of industry and city. By the end of 2024, the group’s total assets will approach 160 billion yuan, with nearly 8 billion yuan in operating revenue and 600 million yuan in total profit for 2024. It owns 16 controlling subsidiaries, directly invests in and holds shares in many key enterprises, and among the enterprises invested through funds, eight have already gone public. The group has achieved notable results in cultivating high-tech enterprises and building industrial carriers.

This capital increase and share expansion come at a critical time when Jiangbei New Area is accelerating integrated development and focusing on building a strong industrial zone. Currently, the area is concentrating on key sectors such as integrated circuits, low-altitude economy, and artificial intelligence, actively cultivating new productive forces. As a “powerful engine” for regional industrial development, Jiangbei Industrial Investment Group bears the important mission of promoting industrial clustering and activating innovation momentum. The new capital will mainly be invested in high-tech enterprises and major industrial projects to help create characteristic industrial clusters in the new area. Additionally, leveraging CITIC Financial Assets’ professional advantages, the group can achieve breakthroughs in asset revitalization and industrial fund operations, promoting the deep integration of industry and finance, and industry-to-industry cooperation, providing more comprehensive services for high-quality regional industrial development.

The executive adjustments made simultaneously with this registration change will also inject new management vitality into the group, helping optimize governance structures and improve operational efficiency to better meet market development needs. With increased capital strength, optimized ownership structure, and strategic resource integration, Jiangbei Industrial Investment Group will continue to focus on its core businesses, deepen cooperation with various shareholders, further improve its industrial investment layout, strengthen industrial service capabilities, and strive to become a leading domestic industrial investment operator and urban-industry integration service provider, contributing more to the high-quality development of Jiangbei New Area.

This transformation of Jiangbei Industrial Investment Group is not only a significant leap in its own development but also a vivid reflection of Jiangbei New Area’s state-owned enterprise reform and industrial upgrading. In the wave of regional development opportunities and industrial transformation, only through continuous reform deepening, strengthened collaboration, and precise efforts can development momentum be sustained, laying a solid foundation for building a strong industrial zone.