Ningbo Urban Construction Company Project

2026-05-06

Ningbo Urban Construction Investment Group Co., Ltd. Project Overview‌

Ningbo Urban Construction Investment Group Co., Ltd. (hereinafter referred to as "Ningbo Urban Construction Group") is a core urban construction and public utility operation entity under the Ningbo Municipal Government. The company's main business segments include real estate, gas supply, waste management, leasing, and property management.‌‌Its operations are comprehensive, covering commercial real estate project operation and management, urban infrastructure development, and public service provision.‌‌

Commercial Real Estate Operation:‌ Through its subsidiary Ningbo City Plaza Development and Operation Co., Ltd., the group manages significant commercial properties. This includes owning the unified property rights of Tianyi Plaza, which covers a building area of 220,000 square meters, and operating its anchor stores such as the International Shopping Center and GUGO Mall. Additionally, the company manages Heyi Avenue Shopping Center and Yuehu Sheng Garden, with a total operational management area exceeding 400,000 square meters. The business formats encompass luxury shopping centers, high-end department stores, trendy brand malls, urban commercial complexes, and historical街区, catering to diverse consumer needs.‌‌

‌Urban Infrastructure and Iconic Buildings:‌ The group has been involved in the planning, design, and construction of numerous landmark projects in Ningbo. These include the Ningbo Center Building, a 409-meter-tall skyscraper in Yinzhou District's eastern new town core area. With 80 floors above ground and a total building area of approximately 240,000 square meters, it houses international Class A office spaces and a ultra-five-star hotel, standing as the tallest building in Zhejiang Province.‌‌

Ningbo Urban Construction Investment Group Co., Ltd. plays a pivotal role in shaping Ningbo's urban landscape and ensuring the operation of its key public utilities. Through its diverse portfolio of commercial real estate operations, landmark infrastructure projects, and commitment to sustainable and green development, the group contributes significantly to the city's economic vitality and quality of life. Its robust financial performance and expanding asset base underscore its stability and importance as a core urban development entity in Ningbo.‌‌

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