Hubei United Development Investment Co., Ltd.

Unlike traditional city investment companies, which are generally wholly state-owned, Hubei Lianfa Investment Co., Ltd. is a joint-stock company with multi-level governments and enterprises as the main investors. Of its 16 shareholders, 6 are central enterprises, including listed companies. Hubei provincial government hopes to set up this government-guided market-oriented investment company, build a financing platform and incite more social capital injection, which will not only meet the capital demand of major construction projects in Wuhan city circle, but also create good returns for the company's shareholders.

The management of Hubei Liantou consists of relevant leaders in charge of Wuhan metropolitan area and representatives of relevant enterprises. Mr. Li, executive vice governor of Hubei Province, is also the party secretary and director of the company. Hongyun Li, former deputy director of Hubei Water Resources Department and mayor of Suizhou, is the chairman of the company. Liu Xingnian, former deputy secretary-general of Wuhan Municipal People's Government, president of Wuhan Donghu High-tech Group Co., Ltd., and Chen Lanping, former party secretary and director of Hubei Provincial Communications Department, served as deputy general manager of the company. Other directors of the company are recommended by shareholders of central enterprises such as Wuhan Economic Development and Investment Company, Wuhan Iron and Steel (Group) Company, Dongfeng Motor Company, Sanjiang Aerospace Industry Company, Three Gorges Project Development Company, Hubei Tobacco Company and Gezhouba Group Co., Ltd. ..