Qingdao Conson Group

Qingdao Conson Group was established with the approval of Qingdao Municipal Peoples Government in February 2008, with a registered capital of RMB 3 billion. The group is a wholly state-owned company that is solely funded by the state and authorized by the Qingdao Municipal Peoples Government to perform the responsibilities of investor by the Qingdao State-owned Assets Supervision and Administration Commission. Its main function is to act as the main body of state-owned capital investment and operation, operate state-owned capital, operate state-owned assets, and conduct investment and financing in a market-oriented manner, capital operation and asset management to ensure the preservation and appreciation of state-owned assets. Since its establishment, the group has matched the urban development strategy, assumed the mission of urban development, played its backbone and leading role, and formed a comprehensive financial, urban function development, urban operation service, marine...